Vinayak Barot

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Business

Technology: Equipped with AI, Google may sack thousands of employees

December 29, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Post innovations in artificial intelligence (AI), search engine behemoth Google is likely to sack thousands of employees. Earlier, Google had laid off nearly 12,000 employees which its CEO Sundar Pichai deemed essential for the company’s adaptability and capacity to invest in emerging areas amid a transformative global environment, the media […]

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Elections: Putin, contesting himself, extends good wishes to PM Modi for 2024 LS polls

December 28, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Russian President Vladimir Putin, who is contesting the March 2024 elections to retain his office, has extended good wishes to Prime Minister Narendra Modi for the Lok Sabha elections due by May 2024. Referring to the Lok Sabha election due mid-next year, President Putin said he wished “our friends every […]

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NPAs: Bad assets of banks decline multi-year low of 0.8% in September 2023

December 28, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: The Reserve Bank of India (RBI) on Thursday said the net non-performing assets (NPAs) ratio of banks declined to a multi-year low of 0.8 percent at the end of September 2023 and that the country’s domestic financial system remains resilient. “The resilience of the non-banking financial companies (NBFCs) sector improved […]

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Roving Periscope: Qatar court commutes death sentence of 8 ex-Indian Navy officers

December 28, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: With the success of deft diplomacy and back-channel talks, India felt some relief on Thursday when a Qatar court commuted the death sentence of eight former Indian Navy officers to imprisonment in an alleged case of espionage. The Indian nationals, all employees of Doha-based company Dahra Global, were taken into […]

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2024: India to remain the world’s fastest-growing economy, says Assocham

December 28, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Amid a gloomy 2024 creeping into many recessionary economies worldwide three days from now, India’s leading business and industry body has predicted that the South Asian nation, currently the fifth-largest economy in the world, is likely to remain the fastest-growing as well in the new year beginning on Monday next. […]

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2100: India to emerge as the world’s largest economy, says CEBR

December 27, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Already the fifth-largest and poised to be the third-largest economy in a decade, India is also set to emerge as the topmost economy on the planet by the end of this century, according to the Centre for Economics and Business Research (CEBR), a London-based economic consultancy specializing in economic forecasts […]

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Friendship: Indo-Russia ties are very strong and steady, says Dr. Jaishankar

December 27, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Meeting his Russian counterpart Sergey Lavrov in Moscow to discuss bilateral cooperation in different spheres, the international strategic situation, conflicts, and tensions, External Affairs Minister S. Jaishankar on Wednesday said that the relationship between India and Russia has been “very strong, very steady.” The EAM, who is on a five-day […]

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Adani Total Gas signs MoU to aid Flipkart’s efforts to decarbonise its supply chain

December 27, 2023 Vinayak Barot 0

Ahmedabad, 27 December 2023: Adani Total Gas Limited (ATGL), India’s leading energy and city gas distribution company, and Flipkart, India’s homegrown ecommerce marketplace, today announced signing of a Memorandum of Understanding (MoU). Under the MoU, AGTL will work with Flipkart to support its vision to reduce carbon footprint in the primary, secondary and tertiary movements […]

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Investments: The PLI schemes attracted Rs. 95k crore, says govt

December 27, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: The Centre’s ambitious Production-Linked Incentive (PLI) schemes, launched in 2021 for 14 sectors to make India self-reliant and boost exports, have attracted investments of over Rs. 95,000 crores until September 2023, the government informed. According to the Ministry of Commerce and Industry, altogether 746 applications were approved under these schemes […]

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Business

Adani Energy Solutions forms JV with IHC-backed Esyasoft to expedite rollout of smart meters

December 27, 2023 Vinayak Barot 0

Ahmedabad, 27 December 2023: Adani Energy Solutions Limited (AESL), India’s leading private transmission and distribution company and a part of the globally diversified Adani portfolio, today said it has taken a significant step in strengthening its smart metering business by forming a 49:51 JV with UAE-based Esyasoft Holdings for implementing smart metering projects in India […]

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