• Monday, May 20, 2024

India Inc hails Modi government economy revival package

INDUSTRY players and exporters on Monday (28) welcomed the slew of measures that the Indian finance minister Nirmala Sitharaman came up with as part of an economic revival package of Rs 6.29 lakh crore ($85 billion) saying it will encourage growth and address the severe cash crunch flow that businesses…

Tata Motors aims to change game, to have 10 new…

TATA Motors has plans to include at least 10 new battery electric vehicles (BEVs) in its domestic product portfolio by 2025, according to its chairman N Chandrasekaran since the automaker is looking to drive its business model towards sustainability mobility. In a message to shareholders, Chandrasekaran has noted that Tata…

Kerala gives $190 million aid to Covid-hit micro & medium…

THE government of Kerala has come up with a relief package for micro, small and medium enterprises (MSMEs) worth Rs 1,416 crore ($190 million) with the goal of helping them overcome the challenges posed by the Covid-19 pandemic. State Industries Minister P Rajeev announced at a webinar that his department…

India finance minister announces $85 billion stimulus to revive economy

FINANCE minister Nirmala Sitharaman on Monday (28) announced a stimulus package of Rs 6.29 lakh crore ($85 billion) to revive the economy plagued by the second wave of Covid-19 pandemic. Under the package, a credit guarantee scheme of Rs 1.1 lakh crore (around $15 billion) was allotted to sectors that…

India sees below 50,000 new cases, fresh fatalities less than…

INDIA has seen a single day rise of 46,148 new cases of coronavirus infections taking the tally of its cases to 30.27 million. The daily fatalities were recorded below 1,000, taking the total death toll to 396,730, the country’s health ministry said on Monday (28). The number of fatalities at…

Now, Twitter under Modi government scanner over distorted India map

AMID its dispute with the Indian government over complying with the country’s new information technology rules, social media giant Twitter has been accused of displaying a distorted map of India showing Jammu and Kashmir and Ladakh as separate entities. India’s ministry of electronics and information technology is looking into the…

India traders body asks government not to dilute draft e-commerce…

INDIA'S domestic traders’ body CAIT (Confederation of All India Traders) on Sunday (28) urged the central government not to dilute the draft of e-commerce rules under any kind of pressure from foreign-funded online firms. In a communication to prime minister Narendra Modi, the body, which claims to represent 80 million…

Many feared dead as bus rams into truck on India…

SEVERAL people were believed to have been killed while many were injured in a road accident on the Delhi-Lucknow highway near Moradabad in the northern Indian state of Uttar Pradesh early on Monday (28). Initial reports said a private bus going from Punjab to Pilibhit in Uttar Pradesh rammed into…

India thwarts another possible drone attack on Jammu military base

A DAY after a drone attack two bombs exploding at the Indian Air Force (IAF) station at Jammu airport, the Indian army has thwarted a fresh attempt to attack a military installation with drones. A defence spokesperson said alert troops fired at two drones that were found hovering over the…

India defence minister bats for ‘One Rank One Pension’, says…

DEFENCE minister Rajnath Singh on Sunday (27) said prime minister Narendra Modi’s move to roll out ‘One Rank One Pension’ was a testimony to the Indian government’s commitment towards the welfare of ex-servicemen. Singh said this in Leh where he was on a three-day visit starting Sunday. During his visit,…

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