Business

Business

COP28: PM Modi launches GCI, offers to host COP33 in 2028

December 1, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Prime Minister Narendra Modi on Friday launched the Green Credit Initiative (GCI), focusing on creative carbon sinks through people’s participation, and offered to host COP33 in the country in 2028. COP28 stands for the 28th meeting of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate […]

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Economy: India outperforms estimates, runs at over 7%; govt may revise projections

December 1, 2023 Vinayak Barot

Virendra Pandit   New Delhi: In its exponential post-pandemic recovery, the world’s fastest-growing Indian economy has not only left other challengers behind, it is outperforming its own estimates, encouraging the government to rethink and possibly revise earlier projections. With the government on Thursday releasing the GDP data for the second quarter (July-September) of the current […]

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Modern Stars: D-Mart’s RK Damani tops the list of “Top 200 Self-Made Entrepreneurs”

November 30, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Radhakishan Damani, founder of retail chain D-Mart, may be leading the list of the “Top 200 Self-made Entrepreneurs of the Millennia 2023”, announced on Thursday, the focus of Modern India is elsewhere. For, eight of the Top 10 most valuable companies in the list are startups. “The IDFC FIRST Private […]

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Roving Periscope: Henry “Shuttle Diplomat” Kissinger, 100, passes away

November 30, 2023 Vinayak Barot

Virendra Pandit   New Delhi: When the Sunni terrorist gang Hamas invaded Israel on October 7, killing over 1,200, and invited death and destruction in the Gaza Strip, US Secretary of State Antony Blinken undertook a hectic weeks-long tour of the Middle East capitals trying to prevent the conflagration from spreading through the volatile region. […]

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Retail: Walmart turning from China to India for cheaper imports

November 30, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Only until 2020, the West led by America heavily depended on China for importing cheaper goods and their retail stores were full of  “Made in China” stuff. No longer. The COVID-19 pandemic’s impact worldwide forced many countries to look for alternative supply chains to replace Chinese goods. That’s how their […]

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Roving Periscope: Amid US envoy’s meeting with him in jail, PTI denies Imran won’t contest party polls

November 29, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Sensing the popular support growing for Imran Khan, imprisoned since August and fighting dozens of court cases, the US Ambassador to Pakistan is reported to have met the former Prime Minister in a Rawalpindi jail to reset America’s relations with him, the media reported on Tuesday. Apparently, the US wants […]

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Golan Heights: India’s UN vote favors Israel’s withdrawal from Syrian territory

November 29, 2023 Vinayak Barot

Virendra Pandit    New Delhi: Despite its warm relationship with Israel, India on Tuesday stuck to its traditional stand and voted in favor of a United Nations resolution that called for the Jewish state’s withdrawal from Syria’s Golan Heights it annexed in 1967. India voted in favor of a draft resolution in the UN General […]

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Technology: India’s IT industry to grow to $350 bn by 2030, says Infosys chief

November 29, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Despite global macroeconomic challenges, India’s high-growth information technology (IT) industry will grow from USD 200 billion now to USD 350 billion by 2030, Kris Gopalakrishnan, co-founder of Infosys, said on Wednesday. But NASSCOM expects the Indian IT industry will be worth USD 350 billion by 2026 itself! The National Association […]

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Bourses: With a $4 trillion m-cap, India is now the fourth-largest equity market in the world

November 29, 2023 Vinayak Barot

Virendra Pandit   New Delhi: Hitting the historic milestone of USD 4 trillion worth of market capitalization on Wednesday for the first time, Indian equity markets became the fourth-largest worldwide after the US, China, and Japan. The market in Hong Kong is also part of this club. However, a large contribution to it comes from […]

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Adani Power to co-fire Green Ammonia at its Mundra Plant for a sustainable future

November 29, 2023 Vinayak Barot

Ahmedabad, 29 November 2023:  As the world leaders converge in the UAE for the UN Climate Change Conference (COP 28) from 30 November to 12 December 2023 to fast-track energy transition and slash emissions before 2030, Adani Power Ltd., India’s largest private sector power generator, has undertaken a ground-breaking green ammonia combustion pilot project at […]

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