Union Minister for IT and Communications Ravi Shankar Prasad on Thursday said that the Modi government was able to convince nine of the eleven component-makers of Apple Inc to move away from China to set up their plants in India. Speaking at the inaugural session of the 23rd edition of the Bengaluru Tech Summit held … Read more
The Adani Group and Indian e-commerce major Flipkart on Monday announced that they have entered into a strategic and commercial partnership. As per reports, Flipkart will work with Adani Logistics Limited to strengthen its supply infrastructure enhance its customer serving capacities. Adani Group’s chairman Gautam Adani announced on Twitter that in the two-prong partnership, AdaniConneX will … Read more
On June 28, Nirmala Sitharaman, Finance Minister, announced relief packages for Covid-affected sectors. The packages include several sectors, including health, tourism, MSME, agriculture, tourism and others. Reviving tourism Nirmala Sitharaman announced a special package to revive tourism sectors. Under the scheme, financial support has been extended to more than 11,000 registered tourist guides, travel and … Read more
The Reserve Bank of India (RBI) has assured investors that the RBL Bank is well capitalised and the financial position of the bank remains satisfactory. The statement from the central bank came after the share price fell nearly 25% on Monday morning early trade following the weekend action by the central bank. At 11:33 am, the stock was trading … Read more
Moving ahead with the vision of the Make in India programme, the Modi government has urged tech giant Apple Inc to generate annual production output worth around $50 billion in India over the next 5-6 years. The move comes after a high-level meeting top government officials held with senior representatives from Apple. The govt of India has … Read more
India’s dedication to democratic processes is demonstrated by its efforts to ensure that every individual gets an opportunity to exercise his/her right to vote. This includes setting up polling booths in some of the most distant and inaccessible areas of the country. From high-altitude Himalayan settlements to deep forests inhabited by indigenous tribes, these polling booths demonstrate … Read more
The Groundbreaking Ceremony for the Third Uttar Pradesh Investors Summit was inaugurated by Prime Minister Narendra Modi in Lucknow on Friday 3rd June 2022. During his speech, PM Modi announced that investment of more than ₹80,000 crores in the state have been finalised in the event. “Today agreements of investment of more than Rs 80,000 crore have been … Read more
After five days of arduous discussions at the World Trade Organization (WTO), sources indicate that India made a significant influence, with its point of view expressed in all sectors, and that the country’s interests were not put at risk whatsoever. On June 17, Commerce and Industry Minister Piyush Goyal also stated that India had a fantastic triumph at the … Read more
Prime Minister Narendra Modi today urged the state governments to clear the outstanding dues to power generation and distribution companies, saying that unpaid dues have crippled the power companies. He made the comments while launching the Revamped Distribution Sector Scheme of the power ministry, which aims to improve the quality, reliability and affordability of power supply to … Read more
The Directorate of Revenue Intelligence (DRI), according to a statement made public on Wednesday, conducted searches at the premises of mobile company Oppo India and found evidence of the firm evading customs taxes to the tune of Rs 4,389 crore. Oppo India is owned by Guangdong Oppo Mobile Telecommunications Corporation Ltd, a Chinese company. During the course of … Read more