Page 74 - India

Delhi Hosts Glittering Ceremony to Honor Distinguished Achievers at Inaugural Honorary Doctorate Awards Season 1, 2023

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The current rally in US technology is only recouping the losses of 2022

One should not invest in the latest fad within the US technology sector, but trying to capture longer-term trends towards digitisation can pay off for Indian investors, said Rajeev Thakkar

BCCI invites tenders for title sponsor rights for matches in India

From September to March, Mastercard was the main title sponsor for all international cricket matches played in India

GlobalFoundries on the lookout for local partners to set up India chip fab

It could take a couple of years before any concrete plans are finalised for the chip fabrication unit

'INDIA' feels the pinch as PM Narendra Modi, Sharad Pawar share stage

PM says trust surplus seen in policies today, attacks Cong's poll promises

HSBC India's profit before tax rises nearly 19% to $766 mn from Jan-June

Foreign lender HSBC on Tuesday reported an 18.75 per cent growth in its profit before tax at USD 766 million from India operations in the first half of 2023. The lender, which has 26 branches in the country, had reported a Profit Before Tax (PBT) of USD 645 million in the January-June (H1) period last year. The global banking and markets vertical contributed the most to the profits, delivering a PBT of USD 408 million as against USD 324 million in the year-ago period. It was followed by the commercial banking side, where its PBT during the first half of 2023 rose to USD 209 million from USD 156 million. The corporate centre, which includes balance sheet and treasury management, witnessed a decline in the pre-tax profit to USD 114 million as against USD 132 million in the year-ago period. The wealth and personal banking vertical showed a marginal improvement in performance, with the PBT growing to USD 35 million from USD 33 million a year ago. The bank's overall wholesale lending

Violence in name of religion cannot be tolerated in India: Kharge

Congress president Mallikarjun Kharge on Tuesday said violence in the name of religion cannot be tolerated in 21st-century India and the coming generations will have to bear the consequences if people do not unite against such divisive elements. "What is going on in some parts of Haryana or what the RPF constable did are like giving a deep wound on mother India's heart," he said. Kharge said such incidents raise serious questions on the "weak" law and order situation and our "weak" constitutional institutions. He appealed for peace and demanded strictest punishment for the culprits. "The violence being spread in the name of religion in 21st-century in India is a blow to the foundation of our civilization - equality of all religions. This cannot be tolerated under any circumstances," he said. These days, the Congress chief said, "the trend of disintegration seen in the fabric of society is the result of spreading hatred in the society in the greed for power." "Mixing the poison of

July goods and services tax receipts rise 11% YoY to Rs 1.65 trn

India's goods and services tax (GST) collections rose 11% from a year earlier to 1.65 trillion rupees ($20.05 billion) in July, a government statement showed on Tuesday

Moosewala murder accused Sachin Bishnoi extradited to India from Azerbaijan

The Special Cell's team was sent to Azerbaijan to bring back Sachin Bishnoi from the country's capital, Baku, who had fled India with forged documents

Delhi's municipal corporation removes 2,181 positions across 14 departments

The decision came after an independent third-party audit by EY. Officials confirm that there will be no layoffs

Chandrayaan-3 leaves Earth's orbit, now headed for the moon, says ISRO

Chandrayaan-3 successfully completed its fifth orbit-raising manoeuvre on August 1 and is now headed for the moon for the next phase of the mission

Only 45% of India's graduate jobseekers are employable, says study

The study suggests that finding candidates with high employability in non-technical skills is easier than finding candidates with high job readiness for technical skills

India has 3682 tigers, home to 75% of global numbers: Tiger census data

The number of tigers in India has increased from 2,967 in 2018 to 3,682 in 2022, an annual rise of 6 per cent, according to the latest government data released on the International Tiger Day on Saturday. With this, India has become home to approximately 75 per cent of the world's tiger population, Union Minister of State for Forest, Environment and Climate Change Ashwini Kumar Choubey said in Ramnagar while releasing the data for 2022. When Prime Minister Narendra Modi released the "Status of Tigers 2022" to mark the completion of 50 years of "Project Tiger" in April, the government had said there are at least 3167 tigers in India. Tiger census is held every four years in the country. "There are a maximum of 3925 tigers in the country. The average number is 3,682," a senior official from the National Tiger Conservation Authority (NTCA) said. With a 50 per cent increase in the last four years, Madhya Pradesh has the maximum number (785) of tigers in the country, followed by Karnatak

Tribals in Manipur reach out to Oppn alliance INDIA; seek President's rule

The Indigenous Tribal Leaders' Forum (ITLF), an umbrella group of tribals in Manipur, on Saturday wrote a letter to opposition alliance INDIA, seeking its support for their demand of a separate administration and implementation of President's rule in the violence-hit state. Manipur has been witnessing ethnic clashes since May 3 between the majority Meiteis and tribals that have left over 150 people dead. Meiteis account for about 53 per cent of Manipur's population and live mostly in the Imphal valley, while tribals, which include Nagas and Kukis, constitute 40 per cent and reside mostly in the hill districts. "We fervently appeal to the Indian National Developmental Inclusive Alliance (INDIA) to take up our cause and apprise the nation about our plight. "We implore you to help us survive this onslaught by supporting our demand for a separate administration from Manipur and to urge the central government to introduce President rule immediately in Manipur to end the violence," the I

Foreign Secy Kwatra holds talk with visiting Bhutanese counterpart Choden

Foreign Secretary Vinay Kwatra held wide-ranging talks with his visiting Bhutanese counterpart Aum Pema Choden on Saturday and conveyed India's commitment to partner with Bhutan based on the priorities of the Himalayan nation. The top Bhutanese diplomat paid an official visit to India from July 28 to 29, the Ministry of External Affairs (MEA) said on Saturday. "The two foreign secretaries reviewed the entire spectrum of bilateral cooperation, and discussed ways to further strengthen it across diverse sectors," it said in a statement. Both foreign secretaries co-chaired the India-Bhutan Development Cooperation Talks. The MEA said the visit of the Bhutanese foreign secretary reinforced the "long-standing tradition of regular high-level exchanges between the two countries to discuss all issues of mutual interest". It said the Bhutanese side shared details regarding Bhutan's 13th Five Year Plan during the talks. "Foreign Secretary Kwatra conveyed India's commitment to partner with Bh

Focus on four 'Is' to make India a developed nation by 2047: Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said the focus of the government is on four Is -- infrastructure, investment, innovation and inclusiveness -- to make India a developed nation by 2047. She said India has necessary wherewithal to meet the goal set by Prime Minister Narendra Modi. Besides several investor-friendly reforms undertaken by the government, she said, India has a very vibrant young population and the emphasis on skilling them to suit the requirement of the economy would yield dividend. With the aim to build India a developed country by 2047, she said "the emphasis has been on four different issues (Is). We are looking at infrastructure (first I) in a very big way. In the last 3 to 5 years, consistently, the public expenditure for infrastructure building has been ramped up significantly and it will reach Rs 10 lakh crore in 2023-24." With infrastructure comes investment (second I), she said, adding that emphasis on investment will promote greater participation

US, Australia to cooperate with India to ensure security of Indo-Pacific

During the meeting, the two countries reaffirmed their commitment to enhancing interoperability with the militaries of the Pacific through a range of exercises

10th meeting on military cooperation between India, Malaysia held in Delhi

The 10th meeting of the sub committee on military cooperation between India and Malaysia was held here, officials said on Friday. The existing defence cooperation between the two countries was reviewed during the meeting and wide-ranging discussions were held on issues of mutual interest, they said. The Indian delegation was led by Joint Secretary (International Cooperation), Ministry of Defence, Amitabh Prasad, while the Malaysian side was headed by Assistant Chief of Staff, Defence Operations and Training Division Maj Gen Dato' Khairul Anuar bin Abd Aziz, they said. The meeting took place on Thursday, the defence ministry said in a statement here. "During the meeting, the existing defence cooperation between the two countries was reviewed and wide-ranging discussions were held on issues of mutual interest. Both sides explored effective and practical initiatives to further expand the bilateral defence engagements," it said. The Indian side highlighted the potential of the its def

Tesla executives hold market entry talks with India investment agency

Many Indian states are keen to woo Tesla to set up its plant in their region, but the carmaker is currently focussed on discussing its proposal with the federal government in New Delhi

India, Brazil push back against China's bid to rapidly expand BRICS

Dozens of other nations are also clamoring to join the alliance, fueling western concerns the group is moving to become a counterweight to Washington and the European Union