Every nation needs to defend itself from external aggression. It is also true that every nation has different priorities, different challenges and different level of affordability for defense. You cannot expect Maldives or Sri Lanka to have an Aircraft carrieer- it may be on their wish list though. The United States has a total of … Read more
In order to help meet the high electricity demand in the country during the summer season, the Government of India has decided to operationalize the gas-based power plants in the country. To ensure maximum power generation from Gas-Based Generating Stations, the Government has issued directions to all Gas-Based Generating Stations under Section 11 of the … Read more
The Ministry of Commerce and Industry has instructed all e-commerce platforms to remove beverages, such as Bournvita, from the classification of ‘health drink’ on their websites and platforms. This notification was published on 10th April. The instructions issued by the ministry came after the FSSAI, on 2nd April, asked all e-commerce companies to ensure appropriate categorisation of food products sold on … Read more
Minister of Electronics and Information Technology, Ashwini Vaishnav, took to social media platform X to announce achievement in the mobile industry. In a post, he revealed that the Indian mobile industry has experienced exponential growth, expanding by a remarkable factor of 20 in just nine years. Minister Vaishnav posted on X, “Met Mobile industry to … Read more
Prime Minister Narendra Modi on Friday inaugurated a new state-of-the-art Boeing India Engineering and Technology Center (BIETC) campus in Bengaluru. Built with an investment of Rs 1,600 crores, the 43-acre campus is Boeing’s largest such investment outside the US. Boeing’s new campus in India will become a cornerstone for partnership with the vibrant startup, private and … Read more
The Bengaluru Water Supply and Sewerage Board (BWSSB) has fined 407 people in the city for using potable water for gardening and washing vehicles. A fine of Rs 20.3 lakh was collected from these people in the city that has been facing acute water scarcity for the last 2 months. Notably, since 10th March, a fine of … Read more
Electric vehicle (EV) manufacturing giant Tesla is reportedly looking to set up a joint venture with Reliance Industries Limited (RIL) to establish an EV manufacturing arm in India. According to a report in The Hindu Business Line citing sources, the talks for a joint venture between Billionaires Elon Musk and Mukesh Ambani are currently in the initial stages. This comes amid … Read more
In historic development on the 9th of April, the Sensex crossed the 75,000 points mark for the first time and the Nifty 50 opened above a new record high of 22,700 mark. Up 382 points or 0.5%, the BSE Sensex opened at its all-time high of 75,124.28. In keeping with this, the Nifty 50 opened at 22,768.40 as opposed … Read more
The proposed Electric Vehicle plant by Tesla in India seems to be gaining momentum, as Elon Musk is visiting India next month to meet prime minister Narendra Modi. As per a report by Reuters citing two sources with direct knowledge of the matter, the plans to invest in a new Tesla car factory in India will be … Read more
On Friday, 23rd June 2023, Google made a momentous commitment to India’s digital future by announcing a $10 billion investment in the country’s digitisation fund. During a meeting between Google CEO Sundar Pichai and Prime Minister Narendra Modi, Pichai expressed admiration for India’s fintech leadership and pledged support to small and large businesses not just in India but also … Read more