Page 130 - India

Apple to put a bigger focus on India by making it a separate region

The shift will mark the first time that India becomes its own sales region at Apple, which has seen demand surge in the country

India, US to launch strategic trade dialogue to address export controls

In a significant move, India and the US on Thursday decided to launch a strategic trade dialogue to address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfers. The decision to launch the new framework of dialogue was taken at a meeting between External Affairs Minister S Jaishankar and visiting US Commerce Secretary Gina Raimondo, according to the Ministry of External Affairs (MEA). "The external affairs minister and secretary Raimondo agreed to launch a India-US Strategic Trade Dialogue, led by Foreign Secretary from Ministry of External Affairs of India and Under Secretary, Bureau of Industry and Security in US Department of Commerce," the MEA said. "The Strategic Trade Dialogue will address export controls, explore ways of enhancing high technology commerce, and facilitate technology transfer between the two countries," it said. The MEA said Jaishankar and Raimondo had a productive discussion about the India-US strategic ...

India, US to sign MoU on semiconductors, says US Commerce Secretary

The two nations will map the semiconductor supply chain together and identify opportunities for joint ventures and technology partnerships, Raimondo added

Ind vs Aus 4th Test: Australia reaches 149/2 at tea against India

Australia reached 149 for two at tea against India on the opening day of the series-deciding fourth Test here on Thursday. Usman Khawaja and skipper Steve Smith were batting on 65 and 38, respectively, at the tea break. Earlier, Smith won the toss and opted to bat first. Brief scores: Australia 1st innings: 149/2 in 62 overs (Usman Khawaja 65 batting, Steve Smith 38 batting).

India must prepare to curb volatility risks of int'l rupee: RBI deputy gov

An international currency is one that is freely available to non-residents, essentially to settle cross-border transactions, and in the case of the rupee, this will be achieved by promoting it An inte

Afghanistan's territory should not be used for sheltering terrorist: India

In a veiled attack on Pakistan, India, said that Afghanistan's territory should not be used for sheltering, training, planning or financing terrorist acts

India reports 379 new Covid cases, one death; active tally rises to 3,177

India logged 379 new coronavirus infections, while the active cases rose to 3,177, according to the Union Health Ministry data updated on Thursday. The death toll stands at 5,30,776 with one fatality reported by Maharashtra, the data updated at 8 am stated The Covid case tally was recorded at 4.46 crore (4,46,89,072). The national COVID-19 recovery rate has been recorded at 98.80 per cent, according to the ministry website. The number of people who have recuperated from the disease surged to 4,41,55,119, while the case fatality rate was recorded at 1.19 per cent. According to the ministry's website, 220.64 crore doses of Covid vaccine have been administered in the country so far under the nationwide vaccination drive.

Top headlines: India faces high power cut risks, Apple to focus on India

Business Standard brings you the top headlines at this hour

India faces high power cut risks after years of coal, hydropower neglect

A rapid addition of solar farms has helped India avert daytime supply gaps, but a shortage of coal-fired and hydropower capacity risks exposing millions to widespread outages at night

India likely to be largest market in the world this year: Walmart CFO

John David Rainey, CFO Walmart, said during an investor conference that Walmart-owned Flipkart and PhonePe have exciting opportunities and have large portions of market share in India

India, Australia agree on education qualification recognition mechanism

Australian Prime Minister Anthony Albanese announced here on Wednesday evening that his country and the Indian government have finalised the Australia-India Education Qualification Recognition Mechanism. Albanese made the announcement at a program where it was officially announced that Australia's Deakin University would set up an international branch campus at GIFT City in Gujarat's Gandhinagar. There is a significant development in our bilateral education relation. I am pleased to tell you that we have finalised Australia-India Education Qualification Recognition Mechanism, he said. "The new mechanism means that if you are an Indian student who is studying or have studied in Australia, your hard-earned degree will be recognised when you return home. Or if you are a member of Australia's very large Indian diaspora --500,000 and growing -- you will feel more confident that your Indian qualification will be recognised in Australia, he said. He called it the "most comprehensive and .

India eagerly awaits arrival of Australian PM Anthony Albanese: PM Modi

The Australian PM emplaned for India on Wednesday at the invitation of his Indian counterpart

Supply chain exodus from China to India, Vietnam faster than anticipated

In a recent interview with Bloomberg, Yoshinaga was quoted as saying that Apple suppliers, including Goertek, have been moving manufacturing capacity out of China faster than observers

Few women in India hold CFA charter; amid social pressures, lack of parity

Country's share of women completing exam for chartered financial analyst is 13%

India logs 326 new Covid-19 infections, active cases cross 3,000-mark

India saw a single-day rise of 326 fresh coronavirus cases, while the active cases crossed the 3,000-mark after 67 days, according to the Union health ministry data updated on Wednesday. The country's COVID-19 death toll stands at 5,30,775, while the active cases increased to 3,076, the data updated at 8 am stated. The infection tally was recorded at 4.46 crore (4,46,88,693). The active cases now comprise 0.01 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.80 per cent, according to the health ministry website. The number of people who have recuperated from the disease surged to 4,41,54,842, while the case fatality rate was recorded at 1.19 per cent. According to the ministry's website, 220.64 crore doses of Covid vaccine have been administered in the country so far under the nationwide COVID-19 vaccination drive.

Renewable subsidies on coal to result in lower emissions in India: Study

Combining renewable subsidies and higher tariffs on coal would lower the emissions by nearly one-third in India by 2030 compared to the current policies, according to a study carried out by two IMF economists. The study, conducted by Margaux MacDonald and John Spray, notes that the two steps would also decrease coal imports by 14 per cent by 2030, thus increasing resilience to global changes in energy prices and improving energy security. Released on Tuesday, the study observes that India has made significant progress towards meeting its emissions reduction targets under the Paris Agreement, but with current policies total greenhouse gas (GHG) emissions would nonetheless increase by more than 40 per cent by 2030. While a modest increase in short-term emissions may be necessary to meet poverty reduction and energy security goals, a more rapid scaling up of current policies could help lower emissions considerably over the medium term and bring India closer to a path to net zero by 207

In Eric Garcetti, the Biden admin may finally get an ambassador to India

US President Joe Biden nominated Eric Garcetti for the post of ambassador to India in July 2021, but the Senate has held up his confirmation

India's own AI matrix by early April: MoS IT Rajeev Chandrasekhar

It will be one of the world's largest publicly available datasets and aid next generation of entrepreneurs, says minister

Asus to challenge top position in Indian consumer notebook segment in 2023

PC maker Asus is eyeing top position in consumer notebook market this year on account of continued expansion of retail footprint and widening of portfolio in the gaming segment, a senior official of the company said. Asus India, Business Head, Consumer and Gaming PC, System Business Group, Arnold Su told PTI that the company plans to scale up exclusive stores in India to 300 by the end of 2023 from 200 at present as well as expand other formats of retail stores in a bid to reach consumers. "This year is a very important year for us. This year we want to challenge the number 1 position in India. This makes overall business expansion very important. Right now we have 200 exclusive stores in India. Now we are aiming to touch 300 exclusive stores. Every quarter we will add 20-25 stores," Su said. According to market research firm IDC, Asus held third position in the consumer notebook segment behind HP and Lenovo with a share of 15.6 per cent and a year-on-year growth rate of 20 per cent

Worried about country's sorry state of affairs, not Sisodia: Kejriwal

Delhi Chief Minister Arvind Kejriwal on Tuesday said he will pray for the country on Holi as he claimed those doing good work are being arrested while those looting the country are getting away. Addressing a digital press conference, he said he was worried about the state of affairs in the country. "Everyone knows that government schools and hospitals are in a bad shape... But two people -- Manish Sisodia and Satyendar Jain -- who improved these government schools and hospitals are in jail," he said. The chief minister said it is worrisome that Prime Minister Narendra Modi has imprisoned those doing good work for the country, while those looting it are being embraced. "On Holi, I will meditate and pray for improving the sorry state of affairs in the country. If you also feel the prime minister is not doing the right thing, you should also pray for the country after celebrating the festival," he said. "I am not worried about Sisodia and Jain being in jail. They are brave people who