India announces scholarship worth $500,000 for Indo-Pacific engineering students

NEW DELHI: India has announced a new initiative to award fifty Quad scholarships, worth $500,000, to students from the Indo-Pacific to pursue a four-year undergraduate engineering programme at a Government of India-funded technical institution. “We applaud the expansion of the Quad Infrastructure Fellowships to more than 2,200 experts, and note that Quad partners have already […]

India formally joins International Big Cat Alliance

NEW DELHI: India has formally joined the International Big Cat Alliance (IBCA), which it launched in 2023. After an approval from the Union Cabinet, India signed and ratified the framework on Thursday, read an official release. Four nations, including India, Nicaragua, Eswatini and Somalia, have become the IBCA members now. In April 2023, PM Narendra […]

Adani Total Gas secures largest global financing in city gas biz at $375 mn

NEW DELHI: Adani Total Gas Ltd (ATGL) said it has secured the largest global financing in the city gas distribution business, at $375 million, which will help the company cater to over 200 million people, covering 14 per cent of India’s population. The maiden financing, executed with international lenders, includes an initial commitment of $315 […]

Indian EV Industry to become major power consumer amid robust growth: Report

NEW DELHI: With nearly four million electric vehicles (EVs) sold in India cumulatively by March this year, the market is in the midst of an explosive growth phase and will become a major power consumer, a report said. From merely 1.3 lakh EVs sold in 2020, an estimated 1.6 million EVs were sold in the […]

SC rejects telcos’ plea on AGR dues owned to govt

NEW DELHI: The Supreme Court has dismissed a batch of pleas filed by companies, including Vodafone Idea and Bharti Airtel, seeking the correction of alleged errors in adjusted gross revenue (AGR) and recall of the apex court’s 2019 order directing them to pay Rs 1.47 lakh in AGR dues to the telecom department. Curative petitions […]

Indraprastha Apollo Hospitals Brings Innovative Techniques In Plastic Surgery, Oncology To Kashmir

Dr. Shahin Nooreyezdan highlights monumental advances in plastic surgery Dr. Sameer Kaul elaborates on pioneering work in cancer care SRINAGAR: As part of its initiative to provide advanced treatments across the country, Indraprastha Apollo Hospitals, New Delhi, organized a press conference highlighting monumental advances in plastic surgery and oncology. The event aimed to highlight the […]

FCIK pays tributes to Mohammad Shafi Pandit

SRINAGAR: The Federation of Chambers of Industries Kashmir (FCIK) has expressed deepest condolences on the passing of Mohammad Shafi Pandit, a distinguished administrator, social activist, and reformer who breathed his last on Thursday. A large number of FCIK members including President Shahid Kamili, Shakeel Qalander, Mohammad Ashraf Mir and others participated in the funeral prayers […]

India becomes 3rd global cross-border capital destination for land, dev sites

NEW DELHI: India rose to third place in the list of global cross-border capital destinations for land and development sites in the first half of 2024, a report showed on Thursday, adding that investments in Indian real estate sector will remain steady. With $3.5 billion of inflows in the January-June period, institutional investor interest in […]

Bengaluru’s centi-millionaires population to grow over next 16 years: Report

NEW DELHI: A recent report highlighted that Bengaluru is poised for dramatic growth in its population of centi-millionaires over the next 16 years. According to the Henley & Partners’ Centi-Millionaire Report 2024, the city is also forecasted to witness an increase of over 150 per cent in its ultra-rich population. Home to nearly 13,200 millionaires, […]

Cabinet approves continuation of schemes of PM-AASHA

NEW DELHI: The Union Cabinet, chaired by Prime Minister Narendra Modi, Wednesday approved the continuation of schemes of Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-AASHA) to provide remunerative prices to farmers and to control price volatility of essential commodities for consumers. The total financial outgo will be Rs 35,000 crore during 15th Finance Commission Cycle […]