Browsing: Business
In order to achieve its goal of nearly tripling the country’s clean-power capacity by 2030, the Indian government, under Prime Minister Narendra Modi, has unveiled a Rs 2.44 lakh crore ($29.6 billion) plan to build transmission lines for renewable generation
Since last week, Iran has stopped signing any deals to import tea and basmati rice from India. The reason for this sudden stoppage has not been clarified by Iranian buyers, but Indian exporters believe it is due to strong anti-hijab
As the first of a new fleet of long-range stealth nuclear bombers for the United States Air Force, Northrop Grumman Corp unveiled its next-generation B-21 Raider jet. In Palmdale, California, the B-21 was unveiled during a dramatic ceremony at Northrop’s
According to an official from the Indian Oil Ministry, the country will continue to purchase Russian crude oil even after the embargo and price cap are implemented on December 5. India has consistently stated its intention to purchase whatever crude
The EU agreed with the G7 to cap Russian oil prices to deprive the Kremlin of funds for its Ukraine war, as Putin said strikes on Ukraine’s infrastructure were “inevitable”. With an EU embargo on Russian crude oil from Monday,
Indian Railways’ passenger segment earnings increased by 76 percent from April to November this year. In these months, Indian Railways earned more than 43 thousand crore rupees, compared with 24 thousand 631 crore rupees in last year’s period. Reserved passenger
In 2021, the EU spent €328 billion on research & development (R&D), an increase of 6% over the previous year (€310 billion). Data published by Eurostat, the EU’s statistical office, shows an increase of 43.9% over 2011. In terms of
Indian migrants earning relatively high salaries in the United States, United Kingdom, and East Asia are expected to boost global remittances to India by 4 percent. Indian migrants in high-income countries worked from home during the pandemic and benefited from
VerSe Innovation Pvt. Ltd, the parent company of news aggregator Dailyhunt and short-video platform Josh, announced a 5% layoff of its employees as part of its mid-year performance review, as part of a cost-cutting effort to streamline operations and reduce
A pilot program for the retail digital rupee will be launched by the Reserve Bank of India on December 1, 2022. Eight banks have been identified for phase-wise participation in this pilot. State Bank of India, ICICI Bank, Yes Bank
