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India okays rice exports to Africa in outreach to Global South
Business

India okays rice exports to Africa in outreach to Global South

New Delhi, March 4: The government has, as part of India's outreach to the Global South, allowed the exports of 1,10,000 tonnes of rice to three African countries to help them meet their food security needs. According to a notification issued by the Directorate General of Foreign Trade (DGFT),...
Karnataka tops India
Business

Karnataka tops India's Energy Efficiency Index, UP & Maharashtra show big...

New Delhi, March 2: Karnataka has been listed as the country’s top-performing state in the latest State Energy Efficiency Index 2023 while Uttar Pradesh and Maharashtra have demonstrated a marked improvement in their performance. The State Energy Efficiency Index (SEEI), initiated by Bureau of...
In a first, India exports pomegranates by sea to USA
Business

In a first, India exports pomegranates by sea to USA

New Delhi, March 1: India has successfully flagged off its first commercial trial shipment of pomegranates to the US via sea under the aegis of Agricultural Processed Food Products Export Development Authority (APEDA) from Vashi in Navi Mumbai, the Commerce Ministry said on Friday. The...
Nirmala Sitharaman launches Rs 1,000 cr worth infra projects
Business

Nirmala Sitharaman launches Rs 1,000 cr worth infra projects

New Delhi, March 1: Union Finance Minister Nirmala Sitharaman on Friday virtually launched seven infrastructure projects worth over Rs 1,000 crore that include residential and office complexes for government officials. The Finance Minister said that projects like these renew confidence and boosts...
India will be fabricating 300 crore semiconductor chips in a year: IT Minister
Business

India will be fabricating 300 crore semiconductor chips in a year: IT Minister

New Delhi, March 2: The country will not only meet its demand for semiconductors by 2029 but also start exporting them, while fabricating “300 crore semiconductor chips in a year”, Union Electronics and IT Minister Ashwini Vaishnaw has said. The minister said that India is now in a position where...
RBI streamlines Bharat Bill Payment System, customers get more protection
Business

RBI streamlines Bharat Bill Payment System, customers get more protection

Mumbai, March 1: The RBI has put in a revised regulatory framework - Bharat Bill Payment Systems Directions, 2024, which will be applicable to NPCI Bharat Bill Pay Limited (NBBL - a wholly owned subsidiary of National Payments Corporation of India); and all Bharat Bill Payment Operating Units...
Centre fast-tracks bypass projects to decongest Indore, Guwahati
Business

Centre fast-tracks bypass projects to decongest Indore, Guwahati

New Delhi, March 1: The Centre’s Network Planning Group (NPG) has fast-tracked three highway projects including a 141 km new bypass for Indore and a 64 km bypass to decongest Guwahati. The 66th meeting of the Network Planning Group (NPG) under PM Gati Shakti held on Feb 27 also took up for...
Centre fine-tunes plan for new Mumbai-Indore broad gauge rail line project
Business

Centre fine-tunes plan for new Mumbai-Indore broad gauge rail line project

New Delhi, March 1: The 66th meeting of the Centre’s Network Planning Group (NPG) has expedited the process for the new 309 km Broad Gauge (BG) railway line project to open a direct route from Mumbai to Indore, fostering improved connectivity and socio-economic growth in the backward areas of...
Delhi
Business

Delhi's per capita income increases: Economic Survey report

New Delhi, March 1: Delhi’s Gross State Domestic Product (GSDP) at current prices during the fiscal year 2023-24 is projected to soar to Rs 11,07,746 crore, marking a notable growth of 9.17 per cent over the previous fiscal year's GSDP of Rs 10,14,000 crore, according to the Delhi government's...
Venkatesh Tarakkad named as upGrad
Business

Venkatesh Tarakkad named as upGrad's first Chief Financial Officer

New Delhi, March 1: Ronnie Screwvala-founded upGrad on Friday said that the edtech unicorn has appointed Venkatesh Tarakkad as the first Chief Financial Officer (CFO). Tarakkad led finance, inventory, and strategic initiatives at DealShare and assumed his role at upGrad effective March 1. He...
Coal India, BHEL join hands to set up ammonium nitrate plant based on coal gasification technology
Business

Coal India, BHEL join hands to set up ammonium nitrate plant based on coal...

New Delhi, Feb 28: Public sector giants Coal India Limited (CIL) and Bharat Heavy Electricals Limited (BHEL) on Wednesday signed a joint venture (JV) agreement for setting up an ammonium nitrate plant based on surface coal gasification technology, the Coal Ministry announced on Wednesday. The...
S. Korean President, Meta CEO Zuckerberg discuss cooperation on AI
Business

S. Korean President, Meta CEO Zuckerberg discuss cooperation on AI

Seoul, Feb 29: South Korean President, Yoon Suk Yeol and Meta Platforms CEO, Mark Zuckerberg met in Seoul on Thursday and discussed ways to expand cooperation in the Artificial Intelligence (AI) and Extended Reality (XR) sectors, a presidential official said. Zuckerberg was in Seoul on a...
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