NEWS
Govt revamps technology upgradation scheme for pharma sector
13 Mar 2024
The union government on Monday announced a revamped scheme of assistance for technology upgradation in the pharmaceuticals sector – a move aimed at ensuring that Indian industries are on par with global standards.
India’s consumer price inflation down marginally at 5.09% in February
13 Mar 2024
Consumer price inflation in India, based on the Consumer Price Index (CPI), declined marginally to 5.09 per cent in February 2024, from 5.10 per cent in January 2024.
REC commits Rs1.6 lakh crore for infra projects in Rajasthan
13 Mar 2024
REC Limited has signed a memorandum of understanding (MoU) with the government of Rajasthan committing Rs1.6 lakh crore to finance projects across power and other infrastructure sectors.
India to build a 10,000+ GPU supercomputer for AI modelling
12 Mar 2024
Government of India has proposed to build a supercomputer of 10,000 GPU or more capacity as part of its plan to develop the necessary infrastructure for a self-sufficient AI eco-system in the country.
Aditya Birla Capital to merge subsidiary Aditya Birla Finance
12 Mar 2024
The boards of directors of Aditya Birla Capital Ltd and its wholly-owned subsidiary, Aditya Birla Finance, have approved a scheme of amalgamation of the two companies to create a larger non-banking finance company (NBFC).
UK weighs changes in law to prevent takeover of the Telegraph by UAE-backed group
12 Mar 2024
The British government is reported to be weighing legislative remedies to the possible takeover of the Telegraph Media Group by UAE-backed investor RedBird IMI, amidst political and professional opposition to the change of guard.
India tests Agni-5 missile capable of multiple strikes
12 Mar 2024
India on Monday successfully carried out the first flight-test of the Agni-5 missile with multiple warheads, each capable of targeting objects hundreds of kilometers apart, and a range of 5.000 kilometres.
Adani Group to invest Rs60,000 crore in airports business in 10 years
11 Mar 2024
The Adani Group has proposed Rs60,000 crore capital expenditure in the construction of greenfield airports and expansion and development of existing airports over the next 5-10 years
India, 4-nation EFTA sign Trade and Economic Partnership Agreement
11 Mar 2024
India on Sunday signed a Trade and Economic Partnership Agreement (TEPA) with the four-nation European Free Trade Association (EFTA) comprising Switzerland, Iceland, Norway and Liechtenstein.
China's CNOOC finds 100 million tonne oil reserves in South China Sea oilfield
09 Mar 2024
China National Offshore Oil Company (CNOOC), the state-owned Chinese oil giant, on Friday reported a major oil field discovery in Kaiping South in the deep-water of the South China Sea.
DoT to start spectrum auction in 8 bands on 20 May
09 Mar 2024
Department of Telecom (DoT) has invited applications for award of telecom spectrum for eight bands, initiating the process of spectrum auction.
Bank employees to get 17% wage hike, follow 5-day work week
09 Mar 2024
Employee unions of public sector banks and the Indian Banks' Association, the joint forum of stat-run banks, have reached an agreement under which employees will get a 17 per cent
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