Page 501 - Industry News

Industry keenly awaiting implementation of 30% UPI market share cap by NPCI

Presently, third-party app providers (TPAP) like Google Pay and Walmart's PhonePe have a majority 85 per cent share in UPI-based transactions

Gems and jewellery exports in FY24 down 12.17% at Rs 2.65 trillion: GJEPC

Provisional gross export of Polished Lab Grown Diamonds dipped by 13.79 per cent Rs 11,611.25 crores (USD 1,402.3 million in FY24 compared to Rs 13,468.32 crore (USD 1,680.22 million) of FY23

India growing when world is in stress: CII president-designate Sanjiv Puri

Speaking at an event here on Friday night, Puri, also the chairman and managing director of ITC Limited, said that the present juncture is an interesting moment

Artificial intelligence framework on the anvil, brainstorming begins

Dedicated regulation expected after the Lok Sabha elections

Air taxi fare for Delhi-Gurugram to be 1-1.5x of Uber: Archer Aviation

He mentioned that the aim is to keep the air taxi service "very affordable," and the lower labor costs (for pilots, maintenance) in India will assist in achieving this goal

Opening up several high band spectrum not enough for 5G, say telcos

Telecom service providers have pushed instead for opening up the 6 gigahertz band for auctions

Data protection law needs clarity on risk threshold for breaches: Group

BSA, which represents the global software industry, wants companies to get at least 72 hours to report data breaches

Press Council cautions newspapers against gambling, betting advertisements

In an advisory, the Press Council of India (PCI) asked the print media to strictly adhere to the directives issued by the Central Consumer Protection Authority

We are using AI to translate new criminal legislations: Ministry of Law

As far as the use of technology in the arbitration and mediation system is concerned, he said they have consciously incorporated the use of online mediation

Rajasthan govt plans a boost for its artisans in handicrafts, MSME sectors

Cluster development schemes are being run by various central government ministries such as MSME, textiles, food processing, information and technology, and commerce and industry to support MSMEs

Forget something? Uber's lost & found index may have the answer for you

The 2024 Uber Lost & Found Index showed that riders still keep forgetting the usual items - phone, keys, wallet - but many have left behind unusual, and sometimes questionable, items as well

Amazon's secret Project Curiosity used to gather intel on rivals for years

E-commerce giant Amazon used a company called Big River to gather intel on competitors, especially targeting Walmart, which back Flipkart in India

Woodside Energy revenue falls from prior quarter on lower LNG, oil prices

Australia's largest LNG exporter said production from its Bass Strait project in Victoria and Pyrenees and Pluto LNG projects in Western Australia fell in the first quarter

Battleground 2024: In Bengal's tea belt, climate and politics boil over

As BJP, TMC fight for dominance, tea gardens hope for a change in the weather and, perhaps, their fortunes

Boost to local manufacturing: India-made chips may soon power iPhones

Micron plans to supply chips from Sanand unit to Apple

Lok Sabha elections: Assam's Dibrugarh welcomes infra push but awaits jobs

Most of the young residents are voicing their frustration over lack of jobs, despite the rapid infrastructure growth in and around Dibrugarh

Noida Airport conducts first calibration flight to test navigation systems

The Noida airport, which is expected to start by December this year, is expected to handle 9.4-11.7 million passengers in 2025-26, according to aviation consultancy firm CAPA India

Over 1,300 bird-hit cases reported in 2023, the highest in six years

Firecrackers, scarecrows, horns and zon guns being used to scare birds

Air India saves costs by taking insurance cover for merged entity

The insurance cover has been provided by a consortium of Indian insurance companies including Tata AIG General Insurance

ReNew, JERA to jointly evaluate green ammonia projects in Odisha

ReNew also has a joint venture called GH4India Pvt Ltd with state-owned oil company Indian Oil Ltd and manufacturing major L&T to jointly set up a green hydrogen business