Business

Business

The Russia-Ukraine War: Both Putin and Zelenski invite PM Modi after LS polls

March 21, 2024 virendra pandit

Virendra Pandit New Delhi: Prime Minister Narendra Modi is probably the only world leader whom both Presidents Vladimir Putin of Russia and Volodomyr Zelenskyy of Ukraine, who have been at war since February 24, 2022, have invited to visit their respective countries after the ongoing parliamentary elections in India. Their invitations came on Wednesday when […]

Business

Roving Periscope: China protests to US support for India on Arunachal

March 21, 2024 virendra pandit

Virendra Pandit New Delhi: After the US “recognized” Arunachal Pradesh as part of India, China on Thursday “strongly deplored” the move and said that Washington has “nothing to do” with the India-China border dispute. Beijing’s reaction came hours after the US said that Washington recognizes Arunachal Pradesh as Indian territory and “strongly opposes” unilateral territorial […]

Business

Economy: India must grow at 8% to create sufficient jobs, says IMF’s India ED

March 21, 2024 virendra pandit

Virendra Pandit New Delhi: A senior IMF official said on Wednesday that India’s GDP needs to grow at 8 percent on a sustained basis to create sufficient jobs to reduce poverty and inequality. India’s Executive Director at International Monetary Fund (IMF) Krishnamurthy Venkata Subramanian said the country’s economy grew by better-than-expected 8.4 percent in the […]

Business

EVs: M&M, Adani Total ink pact for charging stations

March 21, 2024 virendra pandit

Virendra Pandit New Delhi: After Hero MotoCorp and Ather Energy partnered on interoperable electric vehicle charging stations, Mahindra & Mahindra and Adani Total Energies have also joined hands to set up EV charging infrastructure across India. Mahindra & Mahindra on Thursday announced a tie-up with a unit of Adani Total Gas to establish electric vehicle […]

Business

Chinese checkers: Taiwan spots enemy military aircraft, and naval vessels nearby

March 20, 2024 virendra pandit

Virendra Pandit New Delhi: Putting up relentless pressure on Taiwan to either merge itself with the mainland or face war, China on Wednesday sent several military aircraft and naval vessels near the democratically-run island republic that Beijing routinely claims as its territory. The Taiwan Ministry of National Defense (MND) reportedly tracked 15 Chinese military aircraft […]

Business

Telecom: Indian 5G users consume 3.6 times more data than 4G users, says Nokia

March 20, 2024 virendra pandit

Virendra Pandit New Delhi: Observing that 5G contributes 15 percent of all data traffic, with metro cities leading at 20 percent, Nokia has said India’s 5G users are using around 3.6 times as much mobile data traffic compared to 4G since its launch in October 2022. Users consumed 17.4 exabytes per month with a CAGR […]

Business

Roving Periscope: Islamabad gets some relief—with yet another IMF bailout

March 20, 2024 virendra pandit

Virendra Pandit New Delhi: The Washington-based International Monetary Fund (IMF), under the ‘strategic influence’ of the US, does not want a nearly bankrupt Pakistan to get any more debt-trapped by China than it already is. So, the global lender has thrown yet another lifeline to a self-proclaimed ‘nuclear-armed’ country that knows very well how and […]

Business

Startups: “In my third term, India to become the third-largest economy,” says PM Modi

March 20, 2024 virendra pandit

Virendra Pandit New Delhi: As the Election Commission of India (ECI) issued the notification on Wednesday for the first phase of the ensuing Lok Sabha elections, a confident Prime Minister Narendra Modi reiterated that India will become the world’s third-largest economy in his third term in office. Addressing the Startup Mahakumbh event in the national […]

Business

Adani Green says US corruption probe on unrelated third party; has no relations with co

March 20, 2024 Vinayak Barot

New Delhi, Mar 19 (PTI) Billionaire Gautam Adani’s group companies said they have not received any notice from the US Department of Justice over a potential bribery investigation, but its renewable energy firm Adani Green Energy stated it is aware of an investigation into potential violations of American anti-corruption laws by an unrelated third party. […]

Business

Roving Periscope: “Mass death is imminent in Gaza,” says global hunger monitor

March 19, 2024 virendra pandit

Virendra Pandit New Delhi: The narrow Gaza Strip, which was densely populated with nearly 2.3 million Palestinians until October 7, 2023, is now staring at “mass deaths” because of the alarming famine affecting over a million internally displaced people in the wake of the ongoing conflict. which has turned the once-thriving region into a trail […]