Page 2 - Bengaluru

A cutting-edge security system: Amit Shah at launch of 'Safe City Project'

Calling Bengaluru a 'Tech City', the Union Home minister that the 'Safe City Project' would make the police capable of meeting modern-day security challenges

Bengaluru govt presents Rs 11,158 cr budget for FY24, gives push to infra

The Metropolitan Bengaluru Municipal Corporation administration on Thursday presented a budget of Rs 11,157.83 crore for the year 2023-24, giving a push to improve infrastructure with focus on easing traffic congestion, building grade separators, white topping of roads and better connectivity. Calling it an 'Atma Nirbhar Budget', the Bruhat Bengaluru Mahanagara Palike (BBMP) Special Commissioner (Finance) Jayaram Rayapura said, "While the total receipts will be Rs 11,163.97 crore, the total expenditure will be Rs 11,157.83 crore, thereby resulting in a surplus budget of Rs 6.14 crore." The budget has been presented with a firm belief in the norm, "stretch your legs as much as your bed" and is aimed to bring financial discipline, self-reliance and self-sufficiency in the BBMP's finances, he said. Among the proposals are construction of 10 new city plazas in residential areas at a total cost of Rs 50 crore, Rayapura said in his budget speech. To address traffic congestion at bottlene

Creating infra to win back startups & businesses to Maharashtra: Deputy CM

Devendra Fadnavis also reiterated that the state is aiming to stay number one in the space of fintech startups

Bengaluru civic agency to present Rs 11,000 cr budget for 2023-24

The Bruhat Bengaluru Mahanagara Palike (BBMP) will present a Rs 11,000 crore budget for 2023-24 on Thursday

Days of Made-in-India passenger aircraft not far: PM Narendra Modi

This is Modi's fifth visit this year to the State, where Assembly elections are due by May

German Chancellor interacts with India's best business minds in Bengaluru

German Chancellor Olaf Scholz has interacted with "inspiring talents" of SAP India, German ambassador to India Philipp Ackermann stated in a tweet. Scholz witnessed "India's modern face" at Bengaluru and met with young Indians on their way to Germany.Philipp Ackermann tweeted, "Bangalore showed India's modern face to @Bundeskanzler Olaf Scholz & us! We changed batteries for scooters @Sun_Mobility & met inspiring talents @SAPIndia. Chancellor also talked to young Indians on their way to Germany & visited Royal Challengers - end of a successful visit!"Olaf Scholz was on an official visit to India from February 25-26. He was accompanied by senior officials and a high-powered business delegation.Meanwhile, IPL Cricket team Royal Challengers Banglore on Sunday tweeted, "We had the extreme honour and privilege of hosting the Hon'ble Chancellor Olaf Scholz of Germany at Namma Chinnaswamy Stadium. His Excellency called on RCB's WPL camp today."On Saturday, the German ...

G20: Millets to empires, host India showcases rich heritage in Bengaluru

From a Ricky Kej show to the conjuring of the Vijayanagar Empire, delegates treated to all

PM bats for strengthening multilateral development banks to meet challenges

The prime minister said even as the world population has crossed 8 billion, progress on Sustainable Development Goals seems to be slowing down

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