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Business

Challenges: RBI chief Das cautions about uncertain times ahead

November 22, 2023 Vinayak Barot

Virendra Pandit New Delhi: Warning that a ‘deadly mix’ of challenges could put policymakers to the test and that new risks keep emerging, Reserve Bank of India (CBI) Governor Shaktikanta Das on Wednesday cautioned the financial sector to avoid all kinds of exuberance. Addressing an annual banking conference, organized by FICCI and the Indian […]

Business

Sweetner: Centre approves 27 companies under the new IT hardware PLI scheme

November 18, 2023 Vinayak Barot

Virendra Pandit New Delhi: The Centre on Saturday approved incentives for 27 information technology hardware manufacturing firms under the PLI scheme. The “new import management system” is aimed at monitoring shipments of laptops, tablets, and computers into India without hurting market supply or creating a cumbersome licensing regime. These companies receiving approval under the […]

Business

Education: 35% of overseas college students in the US came from India in 2022

November 13, 2023 Vinayak Barot

Virendra Pandit New Delhi: After the post-pandemic recovery, 35 percent of all foreign students who joined the colleges in the United States in 2022 came from India, a new study has revealed. American colleges enrolled nearly 269,000 students from India, more than ever and second only to China. Most came for graduate programs, often […]

Business

E-commerce: Amazon, Flipkart, and others to make deliveries using EVs in India

November 8, 2023 Vinayak Barot

Virendra Pandit New Delhi: E-commerce majors Amazon and Flipkart, and other players, have launched programs in India envisaging cent percent deliveries using electric vehicles. Currently, Amazon India has a fleet of 6,000 EVs for making deliveries across 400 towns and cities in the country. It will increase the fleet to 10,000 in the next […]

Business

The University of Wollongong will open its international campus at Savvy Pragya-2 in Gift City

November 7, 2023 Vinayak Barot

Ahmedabad: In a historic first for India, a foreign university has announced a full-fledged campus on Indian soil. “University of Wollongong” is all set to open their international campus at Savvy Pragya-2 at GIFT City, the first and the only operational smart city in India. At Savvy Group, we feel honoured to have witnessed the […]

Education

Third Cluster of Summer Placement Process Held at IIM Ahmedabad

November 6, 2023 Vinayak Barot

Ahmedabad, The third cluster of the Summer Placement process for the PGP class of 2025 was held today at the Indian Institute of Management Ahmedabad. The firms that participated in Cluster 3 comprised twelve cohorts – Banking Financial Services & Insurance, Consumer Technology, Core Manufacturing & Infrastructure, Education Tech, Enterprise Tech, Financial Tech, Gaming & Sports, […]

Business

Neighbors: India for deepening civilizational ties, and economic integration with Sri Lanka

November 3, 2023 Vinayak Barot

Virendra Pandit New Delhi: Finance Minister Nirmala Sitharaman on Thursday said India favors deepening its civilizational ties and economic integration with India and will closely work with the island nation on debt restructuring attempts and economic recovery. Addressing the India-Sri Lanka Business Summit in Colombo on Thursday, during a three-day visit, she urged industry […]

Business

The Giving Pledge: HCL’s Shiv Nadar donated Rs. 5.6 crore every day in 2022!

November 2, 2023 Vinayak Barot

Virendra Pandit New Delhi: The long tradition of billionaires donating huge sums for philanthropic causes in the West is now catching up amongst the Indian rich and famous as well. In all, 119 Indian billionaires donated Rs. 8,445 crores in 2021-22, which was 59 percent more than they gave away in the year before. […]

Business

Technology: India to lead the world in 6G rollout, says PM Modi

October 27, 2023 Vinayak Barot

Virendra Pandit New Delhi: After seeing the fastest roll-out of the 5G across the country, India is poised to lead the world in the 6G as well, Prime Minister Narendra Modi said on Friday. Addressing the Seventh India Mobile Congress, he said the government is working on becoming a leader in 6G as well. […]

Business

Canada: “Trudeau incompetent…will restore ties with India,” says Oppn chief

October 25, 2023 Vinayak Barot

Virendra Pandit New Delhi: Canada Prime Minister Justin Trudeau is ‘incompetent and unprofessional’, Conservative Party and opposition leader Pierre Poilievre said on Tuesday and vowed to ‘restore relationship with New Delhi’ if he becomes the next PM. “We need a professional relationship with the Indian government. India is the largest democracy on Earth. And it’s […]