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

December 7, 2023 Vinayak Barot

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 […]

Business

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

December 6, 2023 Vinayak Barot

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 […]

Business

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

December 6, 2023 Vinayak Barot

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, […]

Education

India faces Energy Trilemma as it races to meet its energy goals: Mukesh Ambani at PDEU

December 2, 2023 Vinayak Barot

Gandhinagar: President of Pandit Deendayal Energy University (PDEU), Mukesh Ambani in the 11th convocation function today explained the energy trilemma India faces in its march towards becoming a 40 trillion-dollar economy by 2047. He said as India races to build robust energy infrastructure to meet its energy goals, it faces three crucial questions regarding adequate […]

Business

Roving Periscope: Himalayas melting alarmingly, warns UN chief

December 2, 2023 Vinayak Barot

Virendra Pandit New Delhi: Warning the world that the Himalayas are melting at an alarming rate, United Nations Secretary-General Antonio Guterres on Saturday insisted on urgent action to protect the world from climate challenges ahead. Nearly 240 million people depend on the glaciers and 10 major rivers, including the Indus, Ganga, and Brahmaputra which […]

Education

The Summer Placement process for the MBA Class of 2025 of PGP in Management at IIM-A was completed

December 1, 2023 Vinayak Barot

The Summer Placement process for the MBA Class of 2025 of the Post Graduate Programme (PGP) in Management at IIM Ahmedabad was completed. Firms from multiple domains participated virtually across the three clusters in Summer Placements, with all students being placed across more than 25 cohorts. Cluster-Cohort Placement System 124 firms participated with 170 different […]

Business

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 […]

Business

Roving Periscope: Despite irritants, Canada softens, India resumes e-visas

November 23, 2023 Vinayak Barot

Virendra Pandit New Delhi: The growing proximity in the last few years between India and the West, especially the US, prompted the global anti-India lobby to fire on all cylinders: it relentlessly planted and amplified anti-Hindu stories in the obliging media, resuscitated the comatose Khalistani activists within and without, reactivated the Pakistan-based Islamist terror […]

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 […]