Explore Business Standard
The government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations with a view to further promoting transparency, efficiency, and ease of access for all stakeholders, an official statement said on Saturday. These investigations are carried out by the commerce ministry's arm Directorate General of Trade Remedies (DGTR). Since 1995, India has initiated over 1,200 trade remedy investigations and recent interventions have protected domestic sectors including solar energy and advanced materials, such as solar cells and copper wire rods, from unfairly priced imports and subsidized goods. "Looking ahead, the government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations," the commerce ministry said in the statement. The platform is expected to go live soon, offering enhanced transparency, efficiency, and ease of access for all stakeholders, it said. The main objective
Telecom regulator Trai on Tuesday floated a draft manual for rating properties based on the quality of digital connectivity available on their premises. The move is expected to encourage property managers and owners to make arrangements for better connectivity on their premises and help property buyers as well as tenants to compare the real estate assets before making their choice. "A property with better ratings shall attract more users, buyers or investors and thereby add value to the properties. The draft rating manual provides a methodology to assess the digital connectivity of properties and areas across various categories. Properties shall be evaluated based on defined parameters in the regulation such as fiber readiness, mobile network availability, in-building solutions and Wi-Fi infrastructure, service performance etc," Trai. The Telecom Regulatory Authority of India (Trai) has fixed June 2 as the last date for comments and June 9 for counter comments.
As India transitions to smart meters and more digital grid, increasing cyberattacks pose potentially crippling consequences for national stability and everyday life, G20 Sherpa Amitabh Kant said on Tuesday. In 2024, the banking, financial services and insurance sectors witnessed a huge surge in the sophistication and diversity of cyberattacks and the average cost of data breaches reached almost USD 2.8 million in India, Kant said, adding that last year, Indian businesses faced over 3,000 cyber attacks per week. India has experienced a very sharp surge in state-sponsored cyberattacks, with such incidents rising by almost 300 per cent between 2021 and 2024, he said, while unveiling a study prepared by cybersecurity solutions company Lisianthus Tech in the national capital. As India transitions to smart meters and a more digital power grid, the risk of cyberattacks grows and expands, posing potentially crippling consequences for national stability and everyday life, Kant, who is also t
Airtel Business, the B2B arm of telecom major Bharti Airtel, has inked a pact with Italy-based global operator Sparkle to enhance connectivity between Asia and Europe. As part of the partnership, Airtel will take capacity from Sparkle on the Blue-Raman Submarine Cable Systems, which will connect India to Italy. Under Sparkle's Blue-Raman cable system, Blue is deployed across Italy, France, Greece and Israel, while Raman connects Jordan, Saudi Arabia, Djibouti, Oman and India. "With this additional capacity, Airtel will further diversify its global network across multiple international submarine cable systems to serve the growing demand for data services in India and neighbouring countries," a company statement said. The partnership will also work on the development of new business opportunities and projects in the Indian sub-continent, leveraging Airtel and Sparkle's respective cable infrastructures, the statement said. Airtel Business Global Business CEO Vani Venkatesh said the .
The budgetary allocation for the civil aviation ministry has been reduced to Rs 2,357.14 crore for the current fiscal ending next March, with regional air connectivity scheme set to get Rs 502 crore during the same period. In the revised budgetary allocation for 2023-24, the amount for the ministry was at Rs 2,922.12 crore. As per documents of the Union Budget 2024-25 that was presented by Finance Minister Nirmala Sitharaman in Parliament on Tuesday, the ministry will get an allocation of Rs 2,357.14 crore. The money set aside for the regional air connectivity scheme has been cut to Rs 502 crore from Rs 850 crore in the revised budgetary allocation for 2023-24. The amount is for revival of 22 airports as well as commencement of 124 RCS routes and Viability Gap Funding for North East Connectivity. To improve connectivity in the northeast region, a new scheme has also been formulated for providing air connectivity and aviation infrastructure, as per a document. However, the Product