Category: Industry

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Lamphelpat Wetland Project in Manipur Unites Flood Control with Ecotourism Vision

The Manipur government has launched the Lamphelpat Wetland Project, an ambitious initiative that seamlessly blends flood mitigation efforts with ecotourism development. Situated on the western outskirts of Imphal city, Lamphelpat, once a thriving wetland, is now being revived to serve both environmental and economic purposes. Spearheaded by the Water Resources Department and supported by the Asian Development Bank (ADB) under the Climate Adaptation Fund, the.

US tech major Qualcomm launches advanced AI-powered Snapdragon X platform in India

New Delhi: US tech major Qualcomm on Monday said the new Snapdragon X platform will help expand the company’s reach in India, offering advanced and affordable AI-powered computing to a new tier of consumers. The company strengthened its Copilot+ PC leadership with the introduction of the Snapdragon X platform in India, a new tier that.

Tough time for bicycle industry: Industrialists demand relief in GST & crackdown on under-invoicing

Ludhiana: After experiencing a significant boom during the post-pandemic period, the bicycle industry is currently facing a tough time with single day production reduced by over 50000 cycles. According to the industrialists, during the post-pandemic period in 2021-22 there was a boom in the market with single day production increasing to 1.25 lakh cycles but.

Sanjay Malhotra to replace Shaktikanta Das as RBI Governor

New Delhi:  The Central government on Monday appointed Sanjay Malhotra, Secretary (Revenue) in the Ministry of Finance as the next Reserve Bank of India Governor. He will replace Shaktikanta Das, who with a six-year stint is the second-longest serving RBI Governor. Sanjay Malhotra is a 1990 batch Indian Administrative Service (IAS) officer of the Rajasthan.

Air India buying 100 more Airbus planes

Gurugram: On Monday, Air India confirmed it has ordered 100 more Airbus aircraft, comprising 10 widebody A350 and 90 narrowbody A320 aircraft, including A321neo. These 100 new aircraft are in addition to the firm orders of 470 aircraft that Air India had placed with Airbus and Boeing last year. The airline said that the latest.

Indian startups raise $145 mn in funding this week

New Delhi:  The domestic startup ecosystem raised more than $145 million, as investor confidence is reviving in the country when it comes to VC funding. Publicly-listed gaming firm Nazara raised $101.3 million via a preferential share issue, led by investors like SBI Mutual Fund, Caratlane founder Mithun Sacheti, and Aamara Capital. ShopDeck, a direct-to-consumer (D2C).

EPFO Board okays redemption policy for ETFs to boost earnings for members

New Delhi: The meeting of the EPFO Central Board of Trustees, chaired by Union Labour and Employment Minister Mansukh Mandaviya, on Saturday approved a Redemption Policy for exchange-traded fund (ETF) investments in CPSE and Bharat 22 to generate higher income for the EPF Scheme’s ‘Interest Account’. The policy mandates a minimum five-year holding, returns exceeding.

Halwara Airport – “Work, approvals pending from IAF side,” MP Arora urges Defence Minister Rajnath Singh for expediting work

Ludhiana: “100 percent work has been completed at the civil side of the Halwara airport while there are certain works, approvals and formalities pending from the IAF that are causing delays in the completion of the project,” said MP (Rajya Sabha) Sanjeev Arora during his meeting with Defence Minister Rajnath Singh in New Delhi. During.

Sensex surges 759 pts, Bharti Airtel and Sun Pharma top gainers

Mumbai:  The Indian stock market closed in green on Friday as both the equity benchmark indices Sensex and Nifty witnessed a strong rally. With this strong comeback of the indices, the market recovered from the previous session’s sell-off due to F&O (futures and options) expiry. Sensex closed at 79,802.79 after a gain of 759.05 points.

EPFO Simplifies and Streamlines Member Profile Correction Process Through Joint Declaration

Jalandhar: Mr. Pankaj Kumar, Regional Commissioner of the Employees’ Provident Fund Organization (EPFO), Ministry of Labour and Employment, Government of India, Jalandhar Regional Office, shared that EPFO is simplifying its processes to provide better services to its members and bring improvements and transparency to EPF accounts. The new Joint Declaration has made the process of.