Political

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

The Gaza War: India supports restraint, diplomacy, and dialogue, says PM Modi

November 17, 2023 Vinayak Barot

Virendra Pandit New Delhi: Asserting that India “strongly condemns” the death of civilians in the six-week-old ongoing conflict between Hamas and Israel, Prime Minister Narendra Modi on Friday called for restraint by both sides. Hosting a virtual gathering of foreign leaders at the Second Voice of Global South Summit (VOGSS), he said India supports […]

Business

Roving Periscope: As OIC meet fails, and Israel digs deeper in Gaza, aid falters

November 17, 2023 Vinayak Barot

Virendra Pandit New Delhi: With the near-collapse of the 57-nation Organization of Islamic Cooperation (OIC) meeting on the Gaza situation this week, Israel penetrated deeper into the war-torn Strip while international aid to the Palestinian enclave was halted because of the breakdown of communications for the second day on Friday, threatening the survival of […]

Business

Global South: It always existed but getting a voice now, says PM Modi

November 17, 2023 Vinayak Barot

Virendra Pandit New Delhi: Prime Minister Narendra Modi on Friday said that Global South always existed geographically but is now getting a voice for the first time across the planet because of joint efforts. Addressing the inaugural session of the Second Voice Of Global South Summit (VOGSS), held virtually, he said: “We are more […]

Business

Roving Periscope: Biden calls Xi a “dictator” again, as China reiterates Taiwan

November 16, 2023 Vinayak Barot

Virendra Pandit New Delhi: The world’s two largest economies, at loggerheads for years both for geopolitical and economic reasons, have stuck to their known positions, with little possibility of any breakthrough in their bilateral relations that impacts the entire planet. So, their much-anticipated Summit on the sidelines of the Asia-Pacific Economic Cooperation (APEC) in […]

Business

Sahara: Proceedings for the refund of Rs. 60,000 crores to continue, says SEBI

November 16, 2023 Vinayak Barot

Virendra Pandit New Delhi: Clearing the air about the fate of refund of over Rs.60,000 crore to investors after the death of Sahara Group founder-chairman Subrata Roy, India’s market regulator said on Thursday the legal proceedings against the group will continue. Replying to questions on the sidelines of a capital market conference organized by […]

Business

Economy: India’s GDP to grow 6-7.1% in the next two fiscals, says S&P

November 16, 2023 Vinayak Barot

Virendra Pandit New Delhi: Painting an optimistic picture of the booming Indian economy, when several countries are facing recession, Standard and Poor’s (S&P) Global Ratings said on Thursday that India’s economic growth prospects should remain strong over the medium term, with GDP expanding 6 to 7.1 percent annually in the next two fiscal years, […]

Business

Technology: GenAI to help add new lines of business, say 90% of organizations

November 13, 2023 Vinayak Barot

Virendra Pandit New Delhi: Amid fears that Artificial Intelligence (AI) tools might become ‘job annihilators’, a large number of Indian organizations—almost 90 percent—say the Generative AI (GenAI) would help add new lines of business. However, 73 percent also fear the new tools could lead to catastrophic cyber attacks in the next 12 months, […]

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

Roving Periscope: British PM Sunak sacks controversial Home Secretary Braverman

November 13, 2023 Vinayak Barot

Virendra Pandit New Delhi: Indian-origin British Prime Minister Rishi Sunak on Monday sacked his controversial Home Secretary Suella Braverman, also of Indian origin, after she criticized the pro-Palestinian marches in an article she published in a newspaper without her boss’s consent. More than a year after becoming the British PM, Sunak started a Cabinet […]