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Business
BPCL to set up green hydrogen plant in Cochin airport
15 Feb 2024 4:20 PM IST
Chennai, Feb 14: The Cochin International Airport Ltd (CIAL), the world's first airport fully powered by solar energy, has entered a Memorandum of Understanding with Bharat Petroleum Corporation Limited (BPCL) for setting up a Green Hydrogen plant in the premises of Cochin airport. This...
Business
Japan loses its position as the world's third-largest economy to Germany
15 Feb 2024 4:19 PM IST
New Delhi, Feb 15: Japan has slipped to the world's fourth-largest economy as it fell behind the size of Germany's in 2023, says Deepak Jasani, Head of Retail Research, HDFC Securities. Japan's nominal GDP totalled $4.2 trillion last year, or about 591 trillion yen. Germany's, announced last...
Business
RBI Governor calls for global pacts on critical minerals & food security...
15 Feb 2024 4:18 PM IST
Mumbai, Feb 15: RBI Governor Shaktikanta Das on Thursday emphasised the need to chalk out an effective strategy for global cooperation and coordination to deal with multiple challenges afflicting the global economy. Addressing the South East Asian Central Banks (SEACEN) Governors Conference here,...
Business
Religious tourism garners major projects in UP's tourism sector
15 Feb 2024 4:17 PM IST
Lucknow, Feb 15: The sustained efforts of the Yogi Adityanath government in Uttar Pradesh over the past seven years are paying off and religious tourism now accounts for a major share ion the tourism sector. Over 46 per cent of the total 819 projects set for launch during the fourth...
Business
Centre holding industry meet in Hyderabad to speed up coal gasification projects
15 Feb 2024 4:16 PM IST
New Delhi, Feb 15: The Union Ministry of Coal will host an industry interaction in Hyderabad on Friday aimed at accelerating the development of coal gasification projects across the country. This event marks a significant step towards harnessing the potential of coal and lignite resources to...
Business
$300 bn electronics production in few years a realistic, achievable target: IT...
12 Feb 2024 12:42 PM IST
New Delhi, Feb 10: India has embarked on the journey to reach $300 billion electronics production, including $100 billion in exports, in the coming few years which is a realistic and achievable target for the government, Union Minister for Electronics and IT and Railways, Ashwini Vaishnaw, said here...
Business
ESIC eases norms to extend medical cover to retired workers
12 Feb 2024 12:40 PM IST
New Delhi, Feb 10: The Employees' State Insurance Corporation (ESIC) on Saturday approved a proposal to provide medical benefit to insured superannuating workers who were dropped from the ESI Scheme coverage after their wages exceeded the ceiling limit. The persons who were in insurable...
Business
Backward bending income curve to adjust work-life balance
12 Feb 2024 12:40 PM IST
New Delhi, Feb 10: When Infosys co-founder NR Narayana Murthy advised Indian youth to work for 70-hours a week to boost the country's economy, there was a huge hue-and-cry and the working class reacted sharply, countering his advice. Many who understood the essence of what Narayana Murthy said,...
Business
Hyundai’s accumulated sales set to reach 100 mn units in 2023
12 Feb 2024 12:38 PM IST
Seoul, Feb 12: South Korea's top automaker Hyundai Motor is widely anticipated to reach accumulated shipments of 100 million units this year since its first sales in 1968, the company said on Monday. The carmaker sold a total of 97 million units of cars through 2023, including 73 million units...
Business
Centre tells states to meet guidelines for ensuring adequate power to consumers
12 Feb 2024 12:37 PM IST
New Delhi, Feb 12: Union Ministry of Power has sent a detailed letter to all states and union territories for adherence to “Resource Adequacy Guidelines” in order to ensure adequate growth in the nation’s power capacity in line with the rapidly growing electricity demand. The letter states that...
Business
PhonePe to launch Indus Appstore in New Delhi on Feb 21
10 Feb 2024 11:49 AM IST
New Delhi, Feb 9: PhonePe is set to launch the Indus Appstore consumer app on February 21 in the capital. The Android-based app store focuses on offering Indians a localised platform that allows them to discover and access apps in 12 regional languages, in addition to English. Indus Appstore...
Business
Centre to sign pact with TERI for institute for energy transition: R.K. Singh
10 Feb 2024 11:47 AM IST
New Delhi, Feb 9: The Union Power Ministry intends to sign a memorandum of agreement with The Energy and Resources Institute (TERI) for setting up an institute for energy transition at TERI campus in Hyderabad, Union Power and New and Renewable Energy Minister R.K. Singh said on Friday. "The...
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