Author: News Desk
During the inauguration of the Vibrant Gujarat Global Summit, Nepal’s Finance Minister, Prakash Sharan Mahat, announced a historic long-term power purchase agreement with India. The agreement signifies a substantial leap in energy cooperation between the two neighboring nations, aiming to export a colossal 10,000 megawatts (MW) of electricity to India over the next decade. Transformative Impacts on Nepal’s Hydropower Sector and Investment Landscape Minister Mahat emphasised the potential of the power purchase agreement to unlock significant investment opportunities in Nepal’s hydropower sector. By exporting a massive amount of electricity to India, Nepal foresees an economic boost and a pivotal role…
IndusInd Bank has unveiled a new financial offering, the ‘IndusInd Bank Samman RuPay Credit Card,’ in collaboration with the National Payments Corporation of India (NPCI). Launched on January 9, 2024, this UPI-enabled credit card is specifically tailored to cater to the unique needs of government sector employees. Designed Exclusively for Government Employees: The primary focus of the IndusInd Bank Samman RuPay Credit Card is to cater to government sector employees, aiming to provide them with a suite of exclusive benefits to elevate their banking experience. This collaboration between IndusInd Bank and NPCI targets a specific demographic, tailoring financial solutions to…
In a significant move towards sustainable transportation, the Indian government is strategizing the creation of electric vehicle-ready highways along the Golden Quadrilateral. The ambitious plan aims to cover 6,000 km of these eco-friendly routes over the next seven years, aligning with the Vision 2030: PM Public Transport Sewa initiative. Accelerating E-Mobility Adoption: The government envisions this extensive network of e-highways as a catalyst for the accelerated adoption of electric mobility. The focus is on supporting the deployment of e-buses throughout the country, fostering an ecosystem that thrives on green energy-enabled charging infrastructure. Integration with Vision 2030: PM Public Transport Sewa:…
Prime Minister Narendra Modi Vibrant Gujarat Global Summit 2024 in Gandhinagar said that it is the responsibility of the government that India should be a developed nation by 2047. On Tuesday, a bilateral meeting was held between Prime Minister Narendra Modi and United Arab Emirates President Mohamed bin Zayed Al Nahyan where several MoUs were signed. The UAE president is the chief guest at the 10th edition of the Vibrant Gujarat Global Summit (VGGS). PM Narendra Modi said, “The participation of UAE President Sheikh Mohammed bin Zayed in this Summit, is a matter of great joy for us. His presence as…
The 10th edition of the Vibrant Gujarat Global Summit saw a significant boost in relations between the United Arab Emirates (UAE) and India. The summit, held in Ahmedabad, Gujarat, provided a platform for leaders, government officials, and business professionals to engage in discussions and forge collaborations. The visit of UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan, who was the chief guest, marked a pivotal moment in strengthening ties between the two nations. Bilateral Meeting and MoUs: Ahead of the summit, Prime Minister Modi engaged in a bilateral meeting with President Sheikh Mohamed bin Zayed Al Nahyan, signifying…
Nikhil Kamath, the founder of Zerodha, and Abhijit Pai, the brain behind Gruhas, have joined forces once again to introduce the Gruhas Collective Consumer Fund. This new venture, in collaboration with talent management and influencer marketing firm Collective Artists Network, aims to support emerging consumer brands in India. Inaugural Investment and Ambitions: With an initial investment fund of Rs 150 crore, the Gruhas Collective Consumer Fund has already earmarked its first five investments across various sectors. Vijay Subramaniam, founder and Group CEO of Collective Artists Network, expressed confidence in the collaboration, underlining their commitment by personally underwriting 30-35 percent of…
Renowned for his soulful voice, Arijit Singh recently engaged in a thought-provoking discussion about the intersection of Artificial Intelligence (AI) and the music industry during an insightful interview with “The Music Podcast” on YouTube. In this conversation, Singh shared his perspectives on AI, emphasising its potential as a creative tool rather than a threat. Embracing AI: A Forward-Thinking Approach: Singh showcased a forward-thinking mindset by acknowledging the importance of learning about AI to stay relevant in the evolving music landscape. Contrary to viewing AI as a threat, he positioned it as a valuable resource that could enhance the creative process…
Indian Hotels Company (IHCL), the hospitality subsidiary of the Tata Group, has revealed its intention to construct two Taj-branded resorts on Suheli and Kadmat islands in Lakshadweep. These developments, scheduled to open in 2026, were part of an agreement signed in January last year. Lakshadweep, an Indian archipelago, gained prominence following Prime Minister Narendra Modi’s recent visit, sparking debates on social media comparing it to the Maldives. The Greenfield projects are set to be developed by IHCL. Puneet Chhatwal, Managing Director and Chief Executive Officer of IHCL, on January 10, 2023, said in an official release, “This signing is in…
In rural communities, a simple yet ingenious solution is revolutionising cooking practices. Move over, three-stone cooking; behold the masterpiece! This innovative approach not only transforms waste into wealth but also showcases the artistry that emerges from the recycling process. The open fire section not only minimises the use of firewood but also significantly reduces smoke emissions, mitigating health hazards associated with traditional kitchen cooking. Respiratory problems, heart diseases, and burns, especially affecting vulnerable groups like women and children, become a thing of the past. What makes this solution even more remarkable is its replicability, utilisation of locally available materials, and…
India is actively pursuing the establishment of a Semiconductor Research Centre to bolster its ambitions in the semiconductor industry. However, concerns about India’s preparedness to address challenges in the semiconductor sector have been raised. Investments in OSAT and the Shadow of China While India is attracting investments in Outsourced Semiconductor Assembly and Test (OSAT), it faces stiff competition from China, a major player in the semiconductor arena. The global semiconductor landscape is evolving, and India’s integration ecosystem is seen as lacking compared to other nations. India’s Absence in Key Semiconductor Groupings A notable observation is India’s absence from several emerging…