EV giant Tesla has signed a strategic deal with Tata Electronics to procure semiconductor chips for its global operations, as reported by The Economic Times. As per the report citing official sources aware of the development, the deal was signed quietly a few months ago. However, both Tesla and Tata Electronics have not commented on these developments. Consequently, specific … Read more
In a development that signals positive momentum for the Indian economy, India’s retail inflation witnessed a notable easing. It has come down to a 10-month low of 4.85% on an annual basis in March 2024, according to data released by the Ministry of Statistics and Programme Implementation on 12th April. The Consumer Price Index (CPI)-based retail inflation … 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
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