India ready to share strengths and successes with the world: Ambassador Taranjit Singh Sandhu
WASHINGTON: India, the current G-20 president, is ready to share its strengths and successes with the world, its envoy here has said, asserting that the India-US partnership will not only benefit the two countries, but its rewards will be reaped around the globe. India assumed the year-long presidency of the G-20 in December last year […]
India’s Finance Ministry tightens definition of ‘beneficial owners’ under PMLA
NEW DELHI: India’s Finance Ministry has tightened the definition of beneficial owners under the anti-money laundering law, mandating reporting entities like banks and crypto platforms to collect information from their clients. As per the amendments to the Prevention of Money Laundering Act (PMLA), 2002 any individual or group holding 10 per cent ownership in the […]
FedEx to open first advanced capability community in India
NEW DELHI: FedEx has announced plans to open its first Advanced Capability Community (ACC) in Hyderabad, India in 2023. The opening is part of a broader multi-year initiative to strengthen the recruitment and development of the company’s diverse workforce all around the world and build a more efficient and agile organization to enhance how we […]
India’s GST collections rise 12% to Rs 1,49,577 crore in February
NEW DELHI: The gross GST revenue collected in the month of February 2023 is Rs 1,49,577 crore of which CGST is Rs 27,662 crore, SGST is Rs 34,915 crore, IGST is Rs 75,069 crore (including Rs 35,689 crore collected on import of goods) and Cess is Rs 11,931 crore (including Rs 792 crore collected on […]
Narendra Modi inaugurates Aero India 2023 in India’s Bengaluru
NEW DELHI: Prime Minister Narendra Modi inaugurated the 14th edition of Asia’s biggest aero show – Aero India 2023 – at Air Force Station, Yelahanka in Bengaluru on February 13, 2023. A commemorative stamp was also released by the Prime Minister on the occasion. The five-day event, on the theme ‘The runway to a billion […]
In India’s well-being lies world prosperity: Narendra Modi at investors’ summit
NEW DELHI: Prime Minister Narendra Modi said the guarantee to world’s prosperity lies with India, as he pitched Uttar Pradesh as a major destination for foreign investment. Welcoming foreign delegates and Indian industry leaders to the three-day Uttar Pradesh Global Investors Summit, Modi linked the world’s economic well-being to that of India. The world’s prosperity […]
India’s long endurance UAV to make flying debut at Aero India Show
NEW DELHI: The DRDO-developed Medium Altitude Long Endurance class unmanned aerial vehicle TAPAS-BH (Tactical Aerial Platform for Advanced Surveillance – Beyond Horizon) will make its flying debut at ‘Aero India’ here next week. The TAPAS-BH will showcase its capabilities and there will be static as well aerial displays on the business days of the five-day […]
Twitter Blue plans announced in India: Pay Rs 900 per month for blue tick
NEW DELHI: Microblogging site Twitter on Thursday announced the subscription plans for Twitter Blue in India. The users in India will have to pay to keep their Twitter Blue subscription active and use the additional features. To use the Twitter Blue services in India on android mobile or iPhones, users would need to pay Rs […]
India:Union Budget 2023-24 Highlights
NEW DELHI: India’s Finance and Corporate Affairs Nirmala Sitharaman presented the Union Budget 2023-24 in Parliament today. The highlights of the Budget are as follows: PART A Per capita income has more than doubled to ₹1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest in […]
Fraud cannot be obfuscated by nationalism: Hindenburg on Adani ‘loot’
NEW DELHI: US short seller Hindenburg Research has rejected Adani Group’s charge that its report was an attack on India, saying a “fraud” cannot be obfuscated by nationalism or a bloated response that ignored response to key allegations. Commenting on the 413-page response Adani Group released late on Sunday evening in response to its report, […]
India’s G20 presidency: B20 meet in Gujarat to discuss climate, innovation
AHMEDABAD: The Business 20 (B20) inception meeting being organised in Gujarat’s Gandhinagar city from Sunday as part of India’s G20 presidency will deliberate on issues ranging from climate change, innovation, global digital cooperation and resilient global value chains, officials said here. As part of the three-day meeting, delegates will be taken for a visit to […]
India’s G20 presidency: First Y20 meet in Guwahati from February 6 to 8
NEW DELHI: The first meeting of the Youth20 (Y20) group, being organised on the sidelines of the G20 summit, will be held in Assam’s largest city Guwahati from February 6 to 8, an official statement said on Sunday. This is the first of the various meetings to be held on the five Y20 themes across […]
India bright spot amid global crisis; PM Narendra Modi’s leadership critical in fractured world: World Economic Forum
DAVOS: Lauding Prime Minister Narendra Modi’s leadership in a fractured world, the World Economic Forum’s Founder and Executive Chairman Klaus Schwab said India is a bright spot amid the global crisis. After attending an India reception on Thursday night during the WEF Annual Meeting 2023, Schwab said India is promoting a just and equitable growth […]
India expected to become USD 7 trillion economy in seven years: CEA
NEW DELHI: India’s Chief Economic Advisor (ICA) V Anantha Nageswaran said on Monday that the Indian economy will be USD 3 trillion by the end of the current 2022-23 fiscal and is expected to be USD 7 trillion in the next seven years. The government had previously said India would become a USD 5 trillion […]
NTPC starts India’s first green hydrogen blending operation in PNG network
NEW DELHI: NTPC Ltd commissions India’s first green hydrogen blending project. The green hydrogen blending has been started in the piped natural gas (PNG) network of NTPC Kawas township, Surat. The project is a joint effort of NTPC and Gujarat Gas Limited (GGL). The first molecule of green hydrogen from the project was set in […]
India’s GST revenues grow 15 per cent to nearly Rs 1.50 lakh crore in December
NEW DELHI: The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022, indicating improved manufacturing output and consumption demand, besides better compliance. This is the 10th month in a row that the revenues have remained above the Rs 1.4 lakh crore mark. The […]