NEWS

India’s core sector output growth slows to 3.6% in January

India’s core sector output growth slows to 3.6% in January

01 Mar 2024

Core sector industrial production in India expanded by 3.6 per cent year-on-year in January 2024, on the back of increased production of coal, steel, cement, natural gas, electricity and crude oil during the month.

India’s economy seen growing at 7.6% in FY24

India’s economy seen growing at 7.6% in FY24

01 Mar 2024

India’s economy is expected to grow at a robust 7.6 per cent in the 2023-24 financial year against the 7 per cent growth recorded in the 2022-23 fiscal

RIL to acquire 61% stake in Walt Disney India: report

RIL to acquire 61% stake in Walt Disney India: report

28 Feb 2024

Walt Disney is reported to have agreed to sell 61 per cent of its India business to Viacom 18, the media arm of Reliance Industries Ltd, in what is seen as a major development in the Indian media and entertainment industry.

NCLT approves Hinduja Group’s Rs9,861-cr offer for Reliance Capital

NCLT approves Hinduja Group’s Rs9,861-cr offer for Reliance Capital

28 Feb 2024

The National Company Law Tribunal (NCLT) has approved a Rs9,861-crore offer by Hinduja Group company IndusInd International Holdings Limited (IIHL) to take over the assets of bankrupt financial services company Reliance Capital.

Grand Indian textile expo Bharat Tex 2024 opens in New Delhi

Grand Indian textile expo Bharat Tex 2024 opens in New Delhi

27 Feb 2024

Bharat Tex, India’s largest global textile exhibition, opened in New Delhi on Monday. Prime Minister Narendra Modi inaugurated the 4-day event that will showcase the country’s vibrant textile sector in all its splendor.

CMA CGM to invest $1.6 bn in energy transition fund

CMA CGM to invest $1.6 bn in energy transition fund

26 Feb 2024

Shipping giant CMA CGM has proposed to invest $1.6 billion (Euro 1.5 billion) over five years to create an energy fund to support its planned transition to a zero emission company.

Centre amends Electricity Rules to empower consumer

Centre amends Electricity Rules to empower consumer

26 Feb 2024

The centre has brought about changes in the rules regarding distribution and consumption of electricity by amendments to the Electricity (Rights of Consumers) Rules, 2020, in a bid to empower consumers.

NTPC Renewable Energy, SJVN add 120 MW to India’s renewable power capacity

NTPC Renewable Energy, SJVN add 120 MW to India’s renewable power capacity

26 Feb 2024

Central public sector undertakings NTPC Renewable Energy Ltd and SJVN Limited on Friday announced the commissioning of two renewable power projects with a total generating capacity of 120 MW

PGIMER develops new model to generate neurovascular tissues

PGIMER develops new model to generate neurovascular tissues

23 Feb 2024

Post Graduate Institute of Medical Education and Research (PGIMER), Chandigarh has developed a new model for generating neurovascular tissues or neurovascular organoids/embryoids (NVOEs) from autologous blood that would help in the development of new therapies.

MeitY ropes in Microsoft, iCreate to bolster India’s AI start-up ecosystem

MeitY ropes in Microsoft, iCreate to bolster India’s AI start-up ecosystem

23 Feb 2024

Microsoft and iCreate on Wednesday announced the launch of the iCreate-Microsoft programme for Emerging Leaders in Artificial Intelligence (iMPEL-AI), a joint initiative with the ministry of electronics and information technology (MeitY), to help India’s AI innovators create marketable solutions to emerging needs.

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

PFRDA notifies amendments to National Pension System Trust and Pension Fund regulations

22 Feb 2024

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the amendments to the regulations governing the National Pension System Trust and the Pension Funds

SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh

SJVN’s 1,500 MW solar-wind hybrid project gets tariff bid as low as Rs3.43/kWh

22 Feb 2024

State-owned SJVN Ltd’s 1,500 MW solar-wind hybrid power project received bids as low as Rs3.43 per kWh as the reverse auction concluded on Tuesday.