India’s wholesale price inflation (WPI) climbed to 1.84% in September, driven primarily by rising prices of food articles and select manufacturing sectors, according to government data released on Monday. The inflation rate in September marked an increase from 1.31% in August and 2.04% in July. The month-over-month change in the WPI index was a modest 0.06% compared to August. The ...
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India’s Ship Recycling Industry To See 10% Growth by 2028: Report
India’s ship recycling industry is poised for substantial expansion, with an expected compound annual growth rate (CAGR) of 10% by 2028, positioning it as a key player in the global market. According to a report by CareEdge Ratings, India accounted for 33% of the global gross tonnage (GT) dismantled in 2023, placing it second only to Bangladesh, which handled 46% ...
Read More »India’s Forex Reserves Decline Slightly But Stay Above $700 Billion
India’s foreign exchange reserves remained above $700 billion for the second straight week, according to data from the Reserve Bank of India (RBI) released on Friday. As of October 4, the reserves stood at $701.18 billion, marking a decline of $3.71 billion from the previous week. India’s forex reserves, which are at an all-time high, rank as the fourth-largest globally, ...
Read More »Strategic Surge: Indian Auto Sector Sees Record 32 Deals Worth $1.9 Billion In Q3
The Indian auto sector recorded a remarkable $1.9 billion across 32 deals in the third quarter of 2023, marking the highest level of quarterly deal activity since the fourth quarter of 2021, according to a report by Grant Thornton Bharat. This surge in deals highlights a significant recovery for the sector, driven by strong investments in technology, mergers and acquisitions ...
Read More »Indian Startups Raise $93 Million Despite Slower Week Amid Funding Dip
BENGALURU, Oct 5, 2024: In a relatively quiet week for Indian startups, 21 companies raised nearly $93 million across 16 deals, signaling a significant drop compared to the $461 million raised by 29 startups just a week prior. This week’s tally included four growth-stage deals and 12 early-stage fundings. Agriculture supply chain startup Waycool secured Rs 100 crore (approximately $12 ...
Read More »60 Killed, 100 Injured in Moscow Terror Attack on Mall, India Condemns
Indian Prime Minister Narendra Modi extended solidarity with Russia and condemned the terrorist attack that claimed over 60 lives and injured several others. “We strongly condemn the heinous terrorist attack in Moscow. Our thoughts and prayers are with the families of the victims. India stands in solidarity with the government and the people of the Russian Federation in this hour ...
Read More »Jaishankar on 3-nation tour to Singapore, Philippines, Malaysia
India’s External Affairs Minister Dr. S Jaishankar is set to undertake a diplomatic tour to Singapore, the Philippines, and Malaysia from March 23 to 27, aiming to bolster bilateral ties. According to a statement from the Ministry of External Affairs (MEA) issued on Saturday, the visit to these Southeast Asian nations will serve as a platform for discussions on shared ...
Read More »India bans 18 OTT Platforms due to obscene content
In a decisive move, the Indian government has announced the prohibition of 18 over-the-top (OTT) platforms due to their dissemination of obscene, vulgar, and in some cases, pornographic content. This action follows repeated warnings issued by the Ministry of Information and Broadcasting, as disclosed by Union Minister Anurag Thakur. Among the targeted platforms, one app alone had accrued over 10 ...
Read More »CAA comes into effect, Minorities from Pakistan, Bangladesh, Afghanistan to get India Citizenship
The Union Home Ministry on Monday, March 11, 2024, notified the rules for the Citizenship Amendment Act (CAA), providing for granting citizenship to people of certain faiths facing persecution in neighbouring countries like Pakistan, Bangladesh, and Afghanistan and it applies to those who moved to India before 2015. An MHA spokesperson announced that immigrants eligible for citizenship under the CAA ...
Read More »PM Modi congratulates Giorgia Meloni for leading in Italian General Elections
The Prime Minister, Narendra Modi has congratulated Giorgia Meloni for leading her party Fratelli d’Itaia in Italian General Elections. The Prime Minister tweeted; “Congratulations @GiorgiaMeloni for leading your party @FratellidItalia to victory in the Italian general elections. We look forward to working together to strengthen our ties.”
Read More »PM Narendra Modi meets King of Bhutan, Jigme Khesar Namgyel Wangchuck
The Prime Minister, Narendra Modi has met the King of Bhutan, Jigme Khesar Namgyel Wangchuck in New Delhi today. Both the dignitaries have discussed the various ideas to further strengthen the close and unique India-Bhutan friendship. Shri Modi has also conveyed his appreciation for the guiding vision provided by successive Druk Gyalpos in shaping relations between India and Bhutan.” In ...
Read More »G20 members to introduce assessment tool to evaluate policies for disabled people
Jakarta, Sep 14 (IANS) Representatives of G20 countries have agreed to introduce an assessment instrument to measure how far each country’s policies have accommodated the needs of people with disabilities. The agreement was concluded at the Sixth G20 Employment Working Group (EWG) meeting in Bali, which mainly discussed inclusive job opportunities. “We aim to ensure that workers with disabilities could have ...
Read More »India to assume G20 Presidency for a year from Dec 1; Sets priorities
New Delhi, Sep 13 (IANS) India has listed its priorities ahead of assuming the G20 Presidency for a year from December 1, 2022 to November 30, 2023. In a statement on Tuesday, the Ministry of External Affairs said: “Our G20 priorities are in the process of being firmed up, ongoing conversations inter alia revolve around: Inclusive, equitable and sustainable growth; LiFE ...
Read More »Scientists fix GPS device to pelican’s wings in Karnataka’s Mandya district
Mandya (Karnataka), Sep 12 (IANS) Scientists on Monday successfully fitted a GPS device to a pelican bird in Kokkare Bellur in Karnataka’s Mandya district. A team of scientists attached to the Dehradun Wildlife Institute carried out the experiment for the first time in the country, according to the local officials. The experiment was carried out to study the abodes of pelicans, ...
Read More »GPS fitted to pelican in first such experiment in India
Indian scientists from the Dehradun Wildlife Institute on Monday successfully fitted a GPS device to a pelican bird in Kokkare Bellur in Karnataka’s Mandya district, first of its kind in the country. The experiment was carried out to study the abodes of pelicans, food habits and international routes that these migratory birds traverse. Sources said that the GPS device was ...
Read More »iPhone 14 launched; Pricing and Availability
The newly launched iPhone 14 Pro and iPhone 14 Pro Max will be available in deep purple, silver, gold, and space black in 128GB, 256GB, 512GB, and 1TB storage capacities. Customers in Australia, Canada, China, France, Germany, India, Italy, Japan, Saudi Arabia, Singapore, Spain, Thailand, the UAE, the UK, the US, and 30 other countries and regions will be able ...
Read More »Notification issued for vehicles with foreign registration
The Ministry of Road Transport and Highways has issued the Motor Vehicles Non Transport Vehicles Visiting India Rules, 2022 vide notification GSR 680(E) dated 02.09.2022. These rules formalize the movement of Non-Transport (Personal) vehicles registered in other countries when entering or plying in the territory of India. The following documents shall be carried in the vehicle(s) operating under these rules ...
Read More »Schools, offices closed tomorrow on Vajpayee’s demise
More than 12 states and the central government have announced a holiday tomorrow, Friday, August 17, 2018 following the death of former Prime Minister of India, Atal Behari Vajpayee. The states include Delhi, Haryana, Punjab, UP, MP, Bihar, Assam, Karnataka, Tamil Nadu, Uttar Pradesh, Bihar, Uttar Pradesh, Madhya Pradesh, Jharkhand, among others. Vajpayee breathed his last on Thursday at 5:05 ...
Read More »Team Indus gears up for second chance at Lunar XPRIZE
India’s first private sector space agency Team Indus is gearing up for the XPRIZE lunar launch giving final touches to its stalled latest mini rover meant for lunar landing. Since Team Indus failed to raise funds for ISRO-backed PSLV launch, it could not meet the deadline set by Google as of March 31, 2018. Eventually, Google withdrew the prize money ...
Read More »Global Entrepreneurship Summit 2017 to be Held in Hyderabad, November 28-30
A high-level delegation from the Government of India and the United States met today, at NITI Aayog to plan the 2017 Global Entrepreneurship Summit, which will be held November 28-30 at the Hyderabad International Convention Centre in Hyderabad, India. The Summit will be inaugurated by the Prime Minister Shri Narendra Modi and Advisor to the President, Ivanka Trump, who leads ...
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