New study shows how drought and GDP are related

NEW DELHI: Drought, a slow-moving phenomenon, can cause significant damage and displacement in affected communities, but its impact varies from region to region, which includes pivotal factors like the GDP of that region, a newly conducted study shows. This study, conducted by Pohang University of Science and Technology (POSTECH), South Korea and published in the […]

Env minister extends deadline for idea submission in Ideas 4 LiFE

NEW DELHI: Union Environment Minister Bhupender Yadav has extended the deadline for idea submission in Ideas4LiFE from 15 September to 15 October. “Developed economies should also embrace developed ecologies. We must all cultivate a strong environmental consciousness as responsible citizens,” he said at a function in Mumbai while emphasising the need for economic and ecological […]

Foreign investors infuse Rs 7,320 crore in Indian equities in August

NEW DELHI: Foreign investors have infused Rs 7,320 crore in the Indian equities in August owing to high valuation of stocks. Meanwhile, Foreign Portfolio Investments (FPIs) infused Rs 17,960 crore in the debt markets in August. They adopted a cautious stance amid the unwinding of the Yen carry trade after the Bank of Japan raised […]

DRDO, TIFR test 6-qubit quantum processor: What it means for India’s quantum future

NEW DELHI: In a significant breakthrough for India’s quantum technology aspiration, scientists from the DRDO Young Scientists Laboratory for Quantum Technologies (DYSL-QT) in Pune and the Tata Institute of Fundamental Research (TIFR) in Mumbai have successfully completed end-to-end testing of a 6-qubit quantum processor. This achievement marks a crucial step forward in the country’s quantum […]

Rs 81 lakh crore worth transactions processed by UPI in April-July

New Delhi: Surpassing world’s leading digital payments platforms, India’s Unified Payments Interface (UPI) processed nearly Rs 81 lakh crore transactions in the April-July period this year, which is a staggering 37 per cent increase (year-on-year). According to latest data by global payments hub Paysecure, UPI processed 3,729.1 transactions per second — a 58 per cent […]

Outreach program promotes jewellery export business in Kashmir

Merchant traders educated about entering jewellery export business; industry experts, govt officials share insights SRINAGAR: The Kashmir Chamber of Commerce & Industry (KCCI), in collaboration with the Gem and Jewellery Export Promotion Council (GJEPC) North Region, Directorate General of Foreign Trade (DGFT), and ECGC, organized an outreach programme on August 29, 2024, in Srinagar. The […]

India ranks among top countries in terms of key technologies: Report

NEW DELHI: India has ranked among the top five countries in 45 out of 64 critical technologies in 2023, up from 37 a year before. As per the Critical Technology Tracker report by the Australian Strategic Policy Institute, India has secured the second position in seven technologies. In 2023, India also overtook the US to […]

Moody’s ups India’s GDP growth forecast to 7.2 pc for 2024

NEW DELHI: New York-based Moody’s Ratings on Thursday raised its forecast for India’s GDP growth for 2024 to 7.2 per cent from 6.8 per cent as projected earlier on the back of stronger private consumption driving up aggregate demand in the economy. “Household consumption is poised to grow as headline inflation eases toward the RBI’s […]