Page 46 - Bengaluru

At G20 event in Bengaluru, India and G7 differ over using the term 'war'

India is averse to using the term 'war' in relation to Ukraine, and softer terms like 'crisis' are not acceptable to the G7 members

Nirmala Sitharaman meets US Treasury Secy ahead of G20 Finance meeting

They leaders discussed their perspectives on strengthening multilateral development banks, global debt vulnerabilities, crypto assets and health

UK Chancellor Jeremy Hunt to arrive in Bengaluru for G20 finance meet

The UK's Chancellor of the Exchequer, Jeremy Hunt, will arrive in Bengaluru on Thursday to attend the G20 Finance Ministers and Central Bank Governors meeting, and with a declared mission to enhance the India-UK economic partnership. On his first visit overseas since taking charge at the UK Treasury, Hunt will meet with his Indian counterpart, Union Finance Minister Nirmala Sitharaman, and senior business leaders and tech CEOs of the country to explore collaboration opportunities. His office said the tour aims at strengthening the already productive India-UK economic relationship and deepen ties with a rising "economic superpower" to increase new investments and jobs in the United Kingdom. "I want the UK to be the world's next Silicon Valley this is an ambition within reach thanks to our status as a global financial powerhouse and home to world class universities and research institutions," Hunt said, on the eve of his India visit. "We already have a USD1 trillion tech industry, b

G20: IMF, World Bank to convene global debt roundtable in Bengaluru

Georgieva said while 2023 will be another challenging year, it could represent a turning point - with inflation declining and growth bottoming out

Traffic congestion increases travel time by 113% for Bengaluru commuters

Other key cities see at least 80% increase in travel time

Not an era for war, India reiterates, as G20 finance meet starts

India has kept a neutral stance on the war, declining to blame Russia for the invasion, seeking a diplomatic solution and increasing its purchases of Russian oil over the past year

Bengaluru aerospace ecosystem gives wings to startups to fly high

The medical team at Seppa in Arunachal Pradesh had been confronting the challenge of supplying medicines and vaccines in difficult terrains of the mountainous region but not anymore. Startup company Redwing Aerospace Labs in Bengaluru has developed an indigenously developed medical drone called 'Crane' which has been deployed in the frontier state in the northeast. The drone manufacturer is among many aerospace companies thriving in Bengaluru owing to the 'aerospace ecosystem' prevailing in the city. The ongoing Aero India-2023, which is the 14th edition of the biennial event in Bengaluru, gives a glimpse of the flourishing aerospace industry here as a significant number of stalls are occupied by city-based firms. Many aerospace firms here are not only supplying products and services to "biggies" such as Hindustan Aeronautics Limited, Indian Space Research Organisation, Defence Research and Development Organisation and Bharat Electronics Limited but also to several multinational ..

Providing solutions to Bengaluru's problems on govt's priority: CM Bommai

Bommai said his predecessor BS Yediyurappa has made significant contributions to the growth of Bengaluru

Global sovereign debt roundtable to be launched in Bengaluru on Feb 25

The Global Sovereign Debt Roundtable is all set to be launched in Bengaluru later this month on the sidelines of the G-20 finance track, will bring in key stakeholders to discuss issues that have been impeding a timely debt restructuring process, a top official of the International Monetary Fund said here. The Global Sovereign Debt Roundtable on February 25 will be co-chaired by the IMF, the World Bank and India, which is president of G-20 countries this year. This will be preceded by a virtual meeting on February 17. "It is basically to discuss issues that have been impeding reaching a timely debt restructuring process, and the lessons from the cases that we had in the recent past and come up with technical solutions to address these shortcomings," Ceyla Pazarbasioglu, Director of the Strategy and Policy Review department at the IMF, told a group of reporters here on Tuesday. According to her, it is mainly about processes, about standards, about definitions of key issues, that wil

Bengaluru, Mumbai top locations for jobs in Q4FY23: TeamLease study

Nearly 97 per cent of employers surveyed across the top two cities have shown increased hiring intent in their sectors, the report says

Return of B-1B Lancer Bombers at Aero India shows strong bilateral ties: US

The United States Air Force (USAF) has once again sent their B-1B Lancers and an array of other defence machinery to participate in the Aero Show held at Bengaluru, according to an official statement.

Bogus GST invoices row: Prosecution starts against e-insurance intermediary

The Directorate General of GST Intelligence had in 2022 detected Rs 824-crore tax evasion by insurance companies

Flying objects, drones banned in Bengaluru amid Aero India 2023: Officials

The Bengaluru Police on Monday issued prohibitory orders on all flying objects during the Aero India 2023 over security reasons in the city.

Biggest Aero India set to take off in Bengaluru with self-reliance pitch

PM Modi to inaugurate expo in Bengaluru today; 809 companies, including 699 Indian, among exhibitors

Rajnath arrives in Bengaluru to attend Aero India 2023 inauguration event

Union Defence Minister Rajnath Singh has arrived in Karnataka's Bengaluru to attend the 14th edition of Aero India to be inaugurated by Prime Minister Narendra Modi tomorrow

PM Modi to inaugurate 14th edition of Aero India 2023 in Bengaluru tomorrow

Prime Minister Narendra Modi will inaugurate the 14th edition of Aero India 2023 at Air Force Station, Yelahanka in Bengaluru tomorrow

First climate sustainability working group meet concludes in Bengaluru

The first G20 Environment and Climate Sustainability Working Group (ECSWG) meeting concluded in Bengaluru on a positive note with all G20 countries showing commitment to constructively work

Aero India-2023 set to dazzle enthusiasts with sorties, mid-air formations

The five-day biennial Aero India show starting from February 13 in Bengaluru appears set to dazzle the enthusiasts with sorties, aerobatic performances and mid-air formations. According to Aero India's official website, 807 exhibitors including 109 from abroad have confirmed their participation at the Air Force Station at Yelahanka. Defence officials said many fighter aircraft and helicopters will perform during the aerospace and defence exhibition, which will be inaugurated by Prime Minister Narendra Modi on Monday. There will be an India Pavilion at the Aero India show, which is based on Fixed Wing Platform theme to showcase India's growth in the area. India's Light Combat Aircraft Tejas, a single engine, light weight, highly agile, multi-role supersonic fighter, will be at the centre stage of India Pavilion. Apart from aerobatic performances, there will also be discussions and seminars during the show. Various aviation companies and component manufacturers will also display t

Mumbai, B'luru among best performing APAC residential markets: Knight Frank

Mumbai and Bengaluru are among five best performing residential markets in Asia Pacific in terms of annual price growth with 7 per cent increase in rates in both the cities, according to Knight Frank. In its Asia-Pacific Residential Review Index, real estate consultant Knight Frank said that Mumbai and Bengaluru have found place in the top five best performing Asia-Pacific residential markets in terms of annual price growth in H2 (second half) of 2022. As many as 14 out of 23 Asia-Pacific (APAC) cities have recorded positive annual price growth with Metro Manila ranked as the best-performing Asia-Pacific market with 24 per cent year-on-year (YoY) growth. Singapore was at second position with 9.3 per cent growth in price, while Tokyo ranked third with 9 per cent appreciation in residential prices. "Mumbai and Bengaluru shared the 4th position on the Asia-Pacific Residential Review Index as both registered a price growth of 7 per cent YoY (year-on-year) in H2 2022. Delhi found a plac

Mumbai, Bengaluru among top 5 APAC cities with the steepest home price rise

Delhi was also on the list of top ten such cities with an average price rise of 6.8 per cent in the second half of 2022