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Full recovery of Indian economy likely only by Q3FY22: Brickwork
New Delhi: As the second wave of Covid-19 and the resultant lockdowns have severely impacted the livelihoods and the economy, a report by Brickwork Ratings said that in the current situation full recovery of the economy may become feasible…
Shyam Steel India becomes official partner of ICC WTC Final
New Delhi, Jun 14 (UNI) Shyam Steel India - one of leading producers and manufacturers of TMT Bars in the country, on Monday announced its association for ICC World Test Championship Final as the official partner for the event.
The…
Bitcoin up 11pc after Musk says Tesla will accept it when miners use clean energy
MOSCOW, June 14 (Sputnik) - SpaceX/Tesla founder and CEO Elon Musk says Tesla Inc. will resume bitcoin cryptocurrency transactions when mining is done with more clean energy.
"When there’s confirmation of reasonable (~50%) clean energy…
Stock markets to follow Fed interest rate decision, inflation data
NEW DELHI: Domestic equity markets would track inflation data, the pace of COVID-19 vaccination and reopening of the economy this week, say analysts.
Market participants are also awaiting the US central bank's monetary policy meeting for…
Discoms’ outstanding dues to gencos fall 11.2 per cent to Rs 81,628 crore in April
NEW DELHI: Total outstanding dues owed by electricity distribution utilities or discoms to power producers fell 11.2 per cent to Rs 81,628 crore in April 2021 from a year ago.
Distribution companies (discoms) owed a total Rs 91,915 crore…
Skoda Auto eyes going past all-time peak sales volume next year
NEW DELHI: Czech car maker Skoda Auto is confident of crossing its historic peak sales volumes in India achieved nearly a decade ago by the middle of next year as it continues ramping up and launching new products despite businesses being…
Atul Sobti, DG SCOPE: CPSEs did tremendous work during Covid-19 in serving the Nation
"Work from Home" has now become "Work from Anywhere-Carry your Hotspot" is the new Mantra for PR and Corporate Communicators
Oil & gas companies told to raise production; 50 BCM gas & 40 MT crude oil by FY24
New Delhi: The Directorate General of Hydrocarbons (DGH) has set a production target of 50 billion cubic metres (BCM) of gas and 40 million tonnes (MT) of crude oil by FY24 for oil and gas companies, an exploration and production action…
Govt appoints Manoj Mittal as MD & CEO of IFCI Limited
New Delhi: The Appointments Committee of the Cabinet (ACC) has approved the proposal of the Department of Financial Services for the appointment of Manoj Mittal as Managing Director and Chief Executive Officer (MD & CEO) of IFCI…
DRDO-developed 500-bed COVID hospital in Srinagar becomes operational
New Delhi: A 500-bed COVID Hospital at Khonmoh, Srinagar, has become operational. The hospital has been set up by the Defence Research and Development Organisation (DRDO) in a short span of 17 days and is funded by PM CARES Fund. This COVID…
GST Council cuts tax on COVID-19 medicines, gear
Lucknow. The GST Council on Saturday slashed the tax charge on COVID-19 medicines akin to Remdesivir and gear like oxygen concentrators and medical grade oxygen. While GST on Tocilizumab and Amphotericin B is slashed to nil from 5 per cent,…
Google workforce makes use of AI to create next-gen chips sooner than people
As the world faces acute semiconductor or chip shortage, a group of Google researchers is engaged on to design next-generation artificial-intelligence (AI) chips, and has created an AI model that permits chip design to be carried out by …
UN: India desires ‘normal neighbourly’ relations with Pakistan, says issues must be…
New York , June 12 India on Friday said it desires "normal neighbourly relations" with Pakistan and the onus is on Islamabad to create a conducive atmosphere by taking "credible, verifiable" action to not allow any territory under its…
PM Modi to attend outreach sessions of G7 summit today
New Delhi , June 12 Prime Minister Narendra Modi will be participating in the outreach sessions of the UK-hosted G7 virtual summit in Cornwall in the United Kingdom.
As per officials, Prime Minister Modi will take part in G7 outreach…
Mahindras appoint Pratap Bose to lead its new Global Design Organization
Kolkata, Jun 11 (UNI) The Mahindra Group today announced the appointment of Pratap Bose
as the Executive Vice President and Chief Design Officer to lead its newly formed Global
Design organization.
The new Global Design organization…
ED issues show cause notice to Crypto-currency exchange, directors under FEMA
New Delhi, Jun 11 (UNI) Directorate of Enforcement (ED) on Friday said that it has issued a show cause notice to Crypto-Currency Exchange Zanmai Labs Pvt Ltd (WazirX) and its Directors Nischal Shetty and Sameer Hanuman Mhatre under…
G7 expected to provide 1 billion COVID-19 vaccine doses to the world: UK
London , June 11 The Group of Seven (G7) leaders are expected to announce that they will provide at least 1 billion coronavirus vaccine doses to the world through dose sharing and financing, the United Kingdom announced.
The UK, which…
UK announces to donate 100 million surplus COVID-19 vaccine to the world
London , June 11: The UK will donate 100 million surplus coronavirus vaccine doses to the world within the next year, British Prime Minister Boris Johnson announced on Friday.
The pledge comes ahead of the G7 Summit, which begins in…
European companies concerned over China’s anti-sanctions law
Beijing , June 10 European companies have expressed discontent over a new Chinese anti-sanctions law, saying they are alarmed by the lack of transparency in the process.
The law is expected to pass on Thursday at the closing session…
FB to show creators how much money they pay to Apple, Google
San Francisco: As Apple presented its flagship WWDC21 developer conference, Facebook CEO Mark Zuckerberg announced that the social network will show creators how much money Apple and Google are actually taking from them via their respective…
