NEWS

India's industrial production grows 3.8% in December

India's industrial production grows 3.8% in December

13 Feb 2024

Industrial production in India based on the Index of Industrial Production (IIP) expanded 3.8 per cent in December 2023, against 2.4 per cent in the previous month and 5.1 per cent in December 2022

C-DOT, IIT Roorkee to jointly develop 140GHz transreceiver module for 6G

C-DOT, IIT Roorkee to jointly develop 140GHz transreceiver module for 6G

13 Feb 2024

C-DOT, the premier R&D centre of the Department of Telecommunications (DoT), and Indian Institute of Technology, Roorkee (IIT-R) have signed an agreement for developing a 140GHz fully integrated transmitter and receiver module

Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months

Govt e-procurement platform GeM records transactions worth Rs3,00,000 cr in 11 months

13 Feb 2024

The integrated digital platform for government procurement, GeM, has recorded transaction of gross merchandise value (GMV) of Rs3 lakh crore

India’s consumer price inflation falls to 5.10% in January

India’s consumer price inflation falls to 5.10% in January

13 Feb 2024

Consumer price inflation in India, based on the Consumer Price Index (CPI), declined to 5.10 per cent in January 2024 from 5.93 per cent in December 2023

Net direct tax collection up 20.25% at Rs15.60 lakh crore so far in FY24

Net direct tax collection up 20.25% at Rs15.60 lakh crore so far in FY24

12 Feb 2024

Direct tax collection (net of refunds) in the country increased by 20.25 per cent year-on-year to Rs15.60 lakh crore, so far during the current financial year (2023-24) year (up to 10 February 2024),

SpiceJet to lay off 1,400 employees to cut costs

SpiceJet to lay off 1,400 employees to cut costs

12 Feb 2024

Budget carrier SpiceJet will cut 15 per cent jobs, reducing its workforce by around 1,400 as part of its efforts to reduce operating costs and improve investor returns.

Israel's Tower proposes $8 bn chip manufacturing facility in India: report

Israel's Tower proposes $8 bn chip manufacturing facility in India: report

12 Feb 2024

Israel-based chipmaker Tower Semiconductor has proposed to set up an $8 billion chip fabrication facility in India, under the $10 billion chip manufacturing scheme of the Government of India

EPF to pay 8.25% interest to subscribers for FY2023-24

EPF to pay 8.25% interest to subscribers for FY2023-24

12 Feb 2024

The Central Board of Trustees of the Employees Provident Fund Organisation (EPFO), at its meeting on 10 February 2024, recommended payment of annual interest of 8.25 per cent

JSW Group to invest Rs40,000-cr for creating an EV manufacturing ecosystem in Odisha

JSW Group to invest Rs40,000-cr for creating an EV manufacturing ecosystem in Odisha

11 Feb 2024

JSW Group has entered into a memorandum of understanding (MoU) with the Odisha government for establishing an integrated electric vehicle

CSIR implementing project for localisation of electrolyser production

CSIR implementing project for localisation of electrolyser production

11 Feb 2024

Council of Scientific and Industrial Research (CSIR) is implementing a project to develop different types of electrolysers, including Anion Exchange Membrane (AEM) electrolyser

Team led by IIT Bangalore’s COMET Foundation develops ORAN base station for affordable 5G connectivity

Team led by IIT Bangalore’s COMET Foundation develops ORAN base station for affordable 5G connectivity

11 Feb 2024

A team of engineers spearheaded by IIT Bangalore’s COMET Foundation has come out with a niche technological solution for Open Radio Access Network (ORAN) base station

ICF, Chennai developing hydrogen-powered train

ICF, Chennai developing hydrogen-powered train

10 Feb 2024

The Indian Railways has designed a train which will run on hydrogen fuel cell and the Integral Coach Factory (ICF), Chennai has taken up a project for development of a train using hydrogen fuel cell