Vinayak Barot

Business

Roving Periscope: As Putin keeps away, BRICS Summit to begin in SA on Aug 22

August 18, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: With Russian President Vladimir Putin, fearing arrest, keeping away from the BRICS Summit, the five emerging economies’ bloc will discuss a range of issues during its three-day event to be held in South Africa next week. The BRICS group of major emerging economies—Brazil, Russia, India, China, and South Africa—will hold […]

Business

AI&DS: AICTE partners with Jio Institute for faculty development programs

August 18, 2023 Vinayak Barot 0

Mumbai: The All India Council for Technical Education (AICTE) has partnered with Jio Institute for a Faculty Development Program on Artificial Intelligence and Data Science (AI&DS). This collaborative endeavor is being initiated under the ambit of AICTE’s ATAL (AICTE Training and Learning) program, which is designed to upskill and reskill faculty members from AICTE-approved institutions, according to […]

Business

Food price hikes: Reforms needed in supply chain management, says RBI

August 18, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: India should introduce major reforms in food supply management for increased efficiency and productivity gains, and enable “stable prices for consumers, assured supplies, and remunerative proceeds for farmers”, a research team of the Reserve Bank of India (RBI) said. For this purpose, it said, India needs to adopt a sound […]

Business

Money laundering: Singapore seizes foreigners’ assets worth USD 734 million

August 17, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Cars, bungalows, and other valuables were among the USD 734 million worth of assets seized in a money laundering case in Singapore on Tuesday. In one of its biggest money-laundering cases anywhere, Singapore police said 400 officers fanned out across the tiny island nation on Tuesday and launched simultaneous raids […]

Defence

Roving Periscope: After targeting the Hindus, Pak Islamists pounce on Christians

August 17, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Barely 48 hours after the outgoing Prime Minister Shehbaz Sharif-led rickety coalition installed a caretaker government headed by a relatively unknown Baloch leader, Pakistan’s season of targeting minorities ahead of the next elections returned. This time, the militants’ target was not the Hindus, Ahmadiyya, or the Shias, but the Christians. […]

Business

Renewables: ONGC to invest Rs. 1 lakh crores by 2030 in low-carbon energy

August 17, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: India’s state-owned behemoth Oil and Natural Gas Corporation (ONGC) will invest Rs. 1 lakh crore by 2030 in low-carbon energy opportunities, including renewables and green hydrogen as it looks to transform into a low-carbon energy player, the company said on Thursday. India’s largest crude oil and natural gas producer said […]

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Business

LOI: Bahrain Steel, Essar ink agreement for iron ore pellet supply

August 17, 2023 Vinayak Barot 0

Mumbai: Bahrain Steel Company, a Foulath Holding subsidiary and a leading producer, and global supplier of high-grade iron-ore pellets, has partnered with India’s multinational conglomerate Essar Group for the supply of iron ore pellets to the Green Steel Arabia (GSA) project. For this, they signed the Letter of Intent (LOI) on Wednesday in Jubail, Saudi […]

Business

GQG, other investors invest $1.1 bln for 8.1 pc stake in Adani Power

August 16, 2023 Vinayak Barot 0

New Delhi, Aug 16, US-based boutique investment firm GQG Partners along with other investors on Wednesday bought an 8.1 per cent stake in Adani Power Ltd for over Rs 9,000 crore (USD 1.1 billion) as the marquee investor shrugged off damning report of a US short seller to invest in billionaire Gautam Adani’s group. GQG […]

Business

Technology: Environmentalists exit en masse from Elon Musk-run X

August 16, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: Environmentalists have exited en masse from the Elon Musk-run microblogging platform Twitter-turned-X, the media reported on Wednesday. Nearly half the environmentalists active on Twitter, now X, left the platform in the 6 months following Musk’s takeover, which could have serious implications for public discourse surrounding issues such as biodiversity, climate […]

Business

Apache: Boeing starts production of the Indian Army’s helicopters

August 16, 2023 Vinayak Barot 0

Virendra Pandit New Delhi: The US-based aerospace major Boeing Company has started production of state-of-the-art Apache combat helicopters for the Indian Army, the firm said on Wednesday. The delivery of the Indian Army’s Apaches is scheduled for 2024. Earlier this year, Tata Boeing Aerospace Ltd (TBAL) delivered the Indian Army’s first AH-64 Apache fuselage […]