Johannesburg: India has become the South African automotive industry’s top country of origin for vehicle imports since 2013, the Automotive Business Council says in its BRICS+ Research Report 2024. This was because India has been established by various brands as the global hub for small and entry-level vehicles which comprise the bulk of sales in…
New Delhi: Commerce and Industry Minister Piyush Goyal on Monday suggested setting up of a township dedicated to entrepreneurs and startups, aiming to replicate the success of American Silicon Valley. He also asked startups to participate in official delegation visits to different countries as it gives a good exposure to them. “We should be aspiring…
Hyderabad: Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings (PSUs) under the Ministry of Power, Government of India, has been awarded the prestigious “Impact Player of the Year” award for 2023-24 at the 25th Silver Jubilee CII Awards held here. The award recognizes EESL’s exceptional achievements in promoting energy efficiency, particularly…
New Delhi: A memorandum of understanding between the tourism authorities of India and Iran to boost cooperation in the sector is in the pipeline, Deputy of Tourism in the Ministry of Cultural Heritage, Tourism and Handicrafts of Iran, Aliasghar Shalbafian, has said as he underlined the similarities between the two civilisations. In an interview to…
Mumbai: Sebi chairperson Madhabi Puri Buch on Friday said she had made all necessary disclosures and complied with recusal guidelines in dealing with companies such as Mahindra Group that hired her husband, as she rejected allegations of impropriety as “false, malicious and motivated”. Buch and her husband Dhaval Buch in a joint statement — the…
Mumbai: India’s foreign exchange (forex) reserves jumped $5.248 billion to a new all-time high of $689.235 billion for the week ended September 6, according to the latest RBI data released on September 13. The reserves had increased by $2.299 billion to a record $683.987 billion for the previous reporting week. India’s gold reserves rose $129…
Singapore: India’s growth outlook reflects the underlying strength of country’s macro-fundamentals, with domestic drivers — private consumption and investment — playing a major role, RBI Governor Shaktikanta Das said on Friday. Moreover, the country’s growth trajectory is supported by an environment of macroeconomic and financial stability, he said in a keynote address at the Future…
New Delhi: India and China on Thursday discussed ways to strengthen cooperation in the civil aviation sector, including resumption of direct flights between the two countries. Civil Aviation Minister K Rammohan Naidu, Civil Aviation Secretary Vumlunmang Vualnam and other senior officials met with representatives from China on the sidelines of the Asia Pacific Ministerial Conference…
Indore: Shri Ram Janmabhoomi Teerth Kshetra Trust general secretary Champat Rai has said the ongoing construction work connected to the Ram temple in Ayodhya is estimated to generate Goods and Services Tax (GST) of nearly Rs 400 crore. However, the actual tax collection figure will be known only after the completion of the construction work,…
“Jet Engine” is the most critical component – core technology – of Jet fighters. Ipso facto, India remains a laggard in designing, developing, and transferring technology for the indigenous production of jet fighters. Consequently, the capability of the Indian Air Force is dependent on foreign sources. An attempt is made to provide a “Perspective” covering…
