S Krishnan,Secretary,Ministry of Electronics and Information...
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SBI General reports a 30.4% rise in net profit at Rs 240 crore in FY 24
Kishore Kumar Poludasu,MD and CEO,SBI General Insurance "The retail...
US food regulator gathering information on Indian spices after alleged contamination
MDH and Everest spices are among the most popular in India and are...
India’s new Covid-19 cases per million population in last 7 days among lowest in the world: Health ministry
“New cases per million population in India in the last seven days are 87. It is one of the lowest in the world. The number is significantly low when compared with countries like Russia, Germany, Brazil, France, Italy, USA and UK,” the ministry highlighted.
“The gap between Covid-19 recoveries and active cases is steadily increasing and has crossed 99 lakh and currently stands at 99,49,711,” the ministry underlined.
Tata puts post-pandemic bet on digital, electronics and health
N Chandrasekaran, chairman , Tata Group said the adoption of technology and shift in consumer and corporate behaviour will lead to the creation of new and shared workplaces closer to where people live.
“We are very serious about electric vehicles,” Chandra said, adding that Tata is investing in developing clean technology cars at home through Tata Motors and at JLR.
India’s medium-term growth to slow to around 6.5% after initial rebound, says Fitch
Fitch said the medium-term recovery will be slow. “Supply-side potential growth will be reduced by a slowdown in the rate of capital accumulation – investment has recently fallen sharply and is likely to see only a subdued recovery.”
Kerala suffered Rs 1.56 lakh crore revenue loss due to COVID pandemic and lockdown:Finance minister Isaac
Kerala Finance Minister T M Thomas Isaac, who tabled the Left government’s Economic Review 2020 in the state assembly, a day ahead of the state budget,said natural disasters including Cyclone Ockhi of 2017, two consecutive floods of 2018, ’19 and the pandemic affected the state’s economy along with the return of non-resident Keralites (NRKs) from abroad, mostly following job loss.
Tesla CEO Elon Musk confirms India entry
Company is reportedly in talks with five states as it explores feasibility of setting up its manufacturing unit and research and development (R&D) centre in India
Willis Towers Watson adds Shanghai to its Global Markets Property & Casualty Hub
Initially focused on the coordination of placement activity across London, Bermuda and Singapore, the addition of Shanghai enables the hub to facilitate increased sharing of ideas, expertise, innovation and perspectives across the Asia Pacific region.
Indian stores shuttered by farmer protests cost Reliance, Walmart millions in revenue: sources
One industry source said estimated losses for Reliance from its state-wide shutdowns run into millions of dollars. Two other sources said Walmart’s estimated revenue loss from its store, one of 29 such outlets nationwide, has crossed $8 million.
In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India’s economy at $9.6 billion.
Google removes some lending apps in India to protect consumers
The online lending industry has come to the attention of the authorities after at least two suicides in the past month linked to alleged harassment by recovery agents of such apps.
India brings forward target of 20% ethanol-blending with gasoline
Indian government had set a target of reaching 10% ethanol-blending by 2022 – meaning 10% of ethanol mixed with 90% of gasoline – and 20% by 2030
It will help reduce its dependence on costly oil imports
WhatsApp faces first legal challenge in India over privacy
California-based WhatsApp said on Jan. 4 it reserved the right to share some data including location and phone number with Facebook and its units such as Instagram and Messenger.
That triggered outrage, including in its biggest market India where it has 400 million users.