Pakistan to purchase 6 million mosquito nets from India to contain malaria: Report
ISLAMABAD: Pakistan’s health ministry on Tuesday approved the purchase of over 6 million mosquito nets from India, as the country scrambles to contain the spread of malaria and other vector-borne diseases due to the unprecedented floods, according to a media report on Tuesday. The World Health Organisation (WHO) is using financial resources provided by Global […]
India gets 4th set of Swiss a/c details under auto info exchange framework
NEW DELHI/BERNE: India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual automatic information exchange under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries. Officials said the new details shared with India pertain to “hundreds of financial accounts”, […]
India’s space economy expected to be worth $12.8 billion by 2025: Report
NEW DELHI: India’s space economy is likely to be worth nearly USD 13 billion by 2025, with the satellite launch services segment set to witness the fastest growth spurred by increasing private participation, according to a report released on Monday. The growing demand for smaller satellites is set to boost satellite manufacturing in the country […]
India, Taiwan should consider finalising FTA very soon: Taiwanese Envoy
NEW DELHI: India and Taiwan should firm up the proposed free trade agreement (FTA) at the earliest as it will remove all barriers to trade and investment and help create a resilient supply chain, Taipei’s de-facto Ambassador Baushuan Ger said. The Taiwanese representative said Taiwan is keen to share its expertise with India in critical […]
Andersen Global sees extraordinary mkt opportunities in India: CEO Vorsatz
NEW DELHI: Tax firm Andersen Global sees ‘extraordinary’ market opportunities in India and will continue to add quality manpower and focus on training, its Chairman and CEO Mark L Vorsatz said. The global tax firm is looking to expand its practice in Japan and China and also offer its tax and legal services in several […]
Direct tax collection jumps 24% in first half of FY23
NEW DELHI: Gross collection of tax on corporate and individual earnings jumped nearly 24 per cent so far in the current fiscal year that started on April 1, the tax department said on Sunday. The gross collection of taxes on corporate earnings rose 16.74 per cent during April 1 to October 8, while personal income […]
Pakistan Army chief General Qamar Javed Bajwa calls for regional peace, resolving issues
ISLAMABAD: Pakistan Army chief General Qamar Javed Bajwa on Saturday emphasised the need for regional peace and developing a mechanism for resolving all bilateral issues peacefully among countries as he warned that the price of status quo will be devastating for all of us. What could possibly be his last address at the prestigious Pakistan […]
India to increase domestic dairy market of Rs 13 lakh crore to Rs 30 lakh crore by 2027
NEW DELHI: The Union Minister for Home and Cooperation, Amit Shah today inaugurated the Eastern and North-Eastern Cooperative Dairy Conclave 2022 in Gangtok, the capital of Sikkim. In another event, Shah unveiled the statue of Sardar Vallabhbhai Patel at Raj Bhavan in Gangtok. The Governor of Sikkim, Ganga Prasad and Chief Minister of Sikkim, Prem […]
India conveys its objections to US over American Envoy’s visit to Pak-Occupied Kashmir
NEW DELHI: India has conveyed its objections to the US over the recent visit to Pakistan-Occupied Jammu and Kashmir by US Ambassador to Islamabad Donald Blome, the Ministry of External Affairs (MEA) said on Friday. India also objected to the ambassador holding some meetings there. “Our objection to the visit and meetings in Pakistan-Occupied Jammu […]
India has potential to lead fourth industrial revolution:Narendra Modi
NEW DELHI: Prime Minister Narendra Modi on Friday said India has the potential to lead the fourth industrial revolution and the government has worked on reforms to make the country a manufacturing hub of the world. He said that the fourth industrial revolution is as much about new technology, as it is about innovative thinking. […]
India’s finance ministry modifies ECLGS; raises loan limit to Rs 1,500 crore for aviation sector
NEW DELHI: India’s finance ministry has modified the Emergency Credit Line Guarantee Scheme (ECLGS) by raising loan limit under the scheme to Rs 1,500 crore from Rs 400 crore to help the COVID-hit industry tide over liquidity stress. Recognising that an efficient and strong civil aviation sector is vital for the economic development of the […]
India’s support to poor during Covid-19 remarkable, says World Bank president
WASHINGTON: India’s support to the poor and needy during the COVID-19 pandemic crisis is remarkable, and other nations should adopt the Indian move of targeted cash transfer instead of broad subsidies, World Bank President David Malpass said on Wednesday. COVID-19 marked the end of a phase of global progress in poverty reduction. During the three […]
India launches 5G Services
NEW DELHI: Ushering in a new technological era, the Prime Minister, Narendra Modi launched 5G services in Pragati Maidan, New Delhi today. The Prime Minister also inaugurated the sixth edition of the India Mobile Congress and also witnessed the IMC Exhibition that was put on the occasion. Industry leaders expressed their views on this historic […]
Marriott expects to have around 200 properties in India by 2025: Official
NEW DELHI: Global hospitality chain Marriott expects to have around 200 properties in India by 2025 tapping on the growth in smaller cities in the country, Marriott Hotels India – Area Vice-President South Asia, Ranju Alex said on Thursday. There is a huge amount of growth in Tier II and Tier III cities in India, […]
Share of industrial loans in bank credit on decline, personal loans up: RBI
NEW DELHI: The share of industrial loans in total credit has been gradually declining over the last decade while that of personal loans is on the rise, the Reserve Bank of India (RBI) said on Wednesday. Both industrial and personal loans had nearly 27 per cent credit share each in March 2022, as per the […]
Toyota Urban Cruiser Hyryder price starts at Rs 10.48 lakh
NEW DELHI: Toyota Kirloskar Motor on Wednesday said the prices of its sports utility vehicle Urban Cruiser Hyryder would range between Rs 10.48 lakh and Rs 18.99 lakh (ex-showroom). The trims with 1.5 litre-petrol powertrain mated with mild hybrid technology are priced between Rs 10.48 lakh and Rs 17.09 lakh, while the all-wheel drive variant […]