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Vinayak Barot

By 2025, we will set a national benchmark being the only carbon-neutral port operations and be Net Zero for APSEZ by 2040: Gautam Adani

Thrilled to share Adani’s continued groundbreaking climate initiatives! By 2025, we will set a national benchmark being the only carbon-neutral port operations and be Net Zero for APSEZ by 2040. Our climate-friendly transformation includes electrifying all cranes, switching all diesel-based Internal Transfer Vehicles to battery-based ITVs, and installing an additional 1000 MW of captive renewable […]

Economy: RBI hikes FY24 GDP estimate from 6.5% to 7%

Virendra Pandit   New Delhi: After several leading global rating agencies’ positive outlook in recent weeks, the Reserve Bank of India (RBI) also raised the South Asian country’s GDP estimates from 6.5 percent earlier to 7 percent in the financial year 2023-24 on buoyant domestic demand and higher capacity utilization in the manufacturing sector. After […]

Roving Periscope: Nepal asks Russia to stop hiring Gurkhas to fight in Ukraine

Virendra Pandit   New Delhi: Russia has lost a huge number of soldiers in its ongoing 22-month-long war against Ukraine since February 2022, and, despite calling in reservists, ex-servicemen, and volunteers to join the Army, is facing a shortage of manpower. Many of its reluctant soldiers are fighting the ‘unnecessary’ war, and some have even […]

AI: July-born startup Sarvam raises $41 mn to work across multiple Indian languages

Virendra Pandit   New Delhi: Bengaluru-based, four-month-old startup Sarvam AI has raised USD 41 million (INR 3,417 crores), the largest such round by an early-stage Artificial Intelligence contender, in fresh funding to tap growth in the multilingual Indian market. Sarvam AI is building large language models targeted at unique uses in Indian languages, aimed at […]

Technology: Digital economy to contribute 20% of India’s GDP by 2026

Virendra Pandit   New Delhi: Union Minister of State for Electronics, Information Technology, Skill Development, and Entrepreneurship Rajeev Chandrasekhar on Thursday said the digital economy will contribute one-fifth—or 20 percent—to India’s Gross Domestic Product (GDP) by 2026 itself. In 2014, the digital economy contributed only 4.5 percent to the country’s GDP and it is 11 […]

Assassination: Iran court orders the US to pay $50 bn for killing top general

Virendra Pandit    New Delhi: An Iranian court has ordered the United States to pay USD 50 billion for “assassinating” top General Qasem Suleimani in 2020. Iran and Washington have had no diplomatic relations since the aftermath of the 1979 revolution. Ever since the two countries have been at loggerheads on diverse issues and vowed […]

Roving Periscope: After China and Russia, N. Korea also wants women to have more kids!

Virendra Pandit   New Delhi: Facing critically declining birth rates and workforce, and ballooning pension and health bills for the longer-living elderly, North Korea became the third dictatorship in Asia after China and Russia to ask its women to produce more children. North Korean leader Kim Jong Un, while appealing to women to have more […]

New economy: India recognized nearly 1.15 lakh entities as startups until Oct

Virendra Pandit   New Delhi: Union Minister for Commerce and Industry Piyush Goyal on Wednesday said the government has recognized 114,902 startups in the country as of October 31, 2023. These eligible firms can seek fiscal incentives under the Startup India Action Plan, launched in January 2016, which includes income tax exemption for three years, […]

Harvard, MIT, Penn varsities refuse to condemn call for violence on Jews

The presidents of Harvard University, the University of Pennsylvania and Massachusetts Institute of Technology on Tuesday refused to condemn call for violence on Jews when they were being grilled by the Congress about their responses to alleged incidents of antisemitism on their campuses in the wake of the Israel-Hamas war. Bill Ackman, CEO of Pershing […]

Adani Green Energy Ranks Among Top 3 Global Solar PV Developer

Ahmedabad, 6 December 2023 – Adani Green Energy Limited (AGEL), India’s largest and one of the world’s leading renewable energy solutions partner, has attained the remarkable position of the second-largest global solar PV developer, in Mercom Capital Group’s latest Annual Global Report. According to the report, AGEL’s outstanding performance and contribution to the renewable energy […]
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