Page 23 - India

Private sector will propel country to a different level: Sajjan Jindal

Says public sector has failed worldwide and that he strongly advocates that govt should not do business

India's HPCL to start Barmer oil refinery and petchem complex in January

The Barmer refinery and petrochemical project will produce gasoline and gasoil for retail sales and will use naphtha, liquefied petroleum gas and kerosene as feedstock to make petrochemicals

People in S'pore, India can make faster transfers with UPI-PayNow: PM Lee

Singapore Prime Minister Lee Hsien Loong on Tuesday said the linkage between India's Unified Payments Interface (UPI) and Singapore's PayNow will allow people in the two countries to undertake faster and cost-efficient digital transfers, and exuded hope that this "strong partnership" will continue to spawn innovative technology solutions. Prime Minister Lee and his Indian counterpart Narendra Modi witnessed the launch of the cross-border connectivity of real-time digital payment systems via video conferencing. "I am very happy to join you (Narendra Modi) virtually for the launch of the real-time retail payment systems linkage between Singapore's PayNow and India's UPI (Unified Payments Interface)," Lee said. The launch was attended by Reserve Bank of India (RBI) Governor Shaktikanta Das and Monetary Authority of Singapore (MAS) managing director Ravi Menon. Das and Menon carried out the first transaction of the cross-border system as well. "The PayNow-UPI linkage will offer cheape

India to see Rs 1.5 trn worth investment in data centres in next 6 years

Mumbai and Chennai have maximum landing stations, with the former being the preferred location for a data centre operator

Ed-tech company NxtWave raises $33 million to upskill Indian youth

Edtech company NxtWave on Tuesday said it has raised $33 million in its latest fundraising round, led by Greater Pacific Capital (GPC), in its bid to upskill more youth in the country.

G20 finance chiefs to discuss debt, crypto, inflation, says Indian official

G20 finance ministers and central bank governors will discuss debt troubles in developing economies, crypto currencies and global inflationary pressures at a meeting later this week

Mobilisation of hospital in short time shows India's preparedness: Army Gen

Army Chief Gen Manoj Pande on Tuesday said the force is proud of its medical team for rendering humanitarian assistance and disaster relief to quake-hit Turkiye, and asserted that the mobilisation of a field hospital in short time indicates the team's operational preparedness. He said this after interacting with members of the Indian Army's medical team that has returned to the country after rendering extensive services to a large number of earthquake-hit people in Turkiye's Iskenderun region. The event was hosted at Nalanda Auditorium in the premises of the Army Base Hospital at Delhi Cantonment. "We are proud of our medical team for rendering humanitarian assistance and disaster relief to quake-hit people in Turkiye," Gen Pande said. India launched 'Operation Dost' to extend assistance to Turkiye as well as Syria after various parts of the two countries were hit by a devastating earthquake on February 6 that has killed over 30,000 people. "#IndianArmy Medical Facility at Iskende

Impossible to beat India on their own soil: Former PCB Chairman Ramiz Raja

The former PCB chairman also made a mention of all-rounder Axar Patel, whose priceless innings of 74 helped India recover from a precarious position in their first innings

India-US ties key for strong world economy, outcompete China: Schumer

A strong India-US relationship is a must for democracy, advancement in technology and a robust world economy, a top American senator has said, emphasising that close bilateral ties will be a crucial counterweight to outcompete China. Describing India as one of the "leading powers" of the world, Senator Chuck Schumer said close India-US ties would also be key to responding to China's authoritarianism. The Senate Majority Leader is leading a high-powered Congressional delegation of senators to India. The delegation, led by Schumer, called on Prime Minister Modi in New Delhi on Monday They discussed new opportunities for consolidating the India-US ties in critical technologies, clean energy transition, joint development and production, and trusted and resilient supply chains. The prime minister welcomed the Congressional delegation to India and appreciated the consistent and bipartisan support of the US Congress for deepening India-US bilateral ties, his office said in a statement. W

UN appoints Indo-Canadian coordinator for Scaling Up Nutrition Movement

United Nations Secretary-General Antnio Guterres has announced the appointment of Indo-Canadian Afshan Khan as the coordinator of the 'Scaling Up Nutrition Movement'. The Scaling Up Nutrition or SUN Movement is a country-driven initiative led by 65 nations and four Indian states united in their mission to end all forms of malnutrition by 2030, Stphane Dujarric, spokesperson for the secretary-general told reporters at the UN headquarters in New York. "Afshan Khan will succeed Gerda Verburg of the Netherlands, to whom the secretary-general expresses his gratitude for her efforts and dedication in leading the Scaling Up Nutrition Movement," he said. Born in India, Khan will lead the SUN Movement Secretariat, as well as coordinate the network of SUN Government Focal Points, the movement's stakeholders, and supporters, Dujarric said. She has both Canadian and United Kingdom citizenship. Khan holds a master's degree in public policy from the , and a bachelor's degree in political science

India, China to contribute more than half of global growth this year: IMF

IMF added that the central banks across Asia need to stay 'alert' as the core inflation is still high, and the re-opening of China's economy may push inflation up due to higher demand

Wish to bring Russia, Ukraine together on table: Brazilian envoy to India

His remarks came after United States President Joe Biden made a surprise visit to Ukraine, just days before the anniversary of Russia's invasion of Ukraine

G-20: India taps soft power as it backs issues important to Global South

India is one of the fastest-expanding economies at a time of sluggish growth around the globe, luring companies like Apple Inc. to expand

EU trusts India's G20 Presidency to find a way in Russia-Ukraine war: Envoy

"We're not living in a business-as-usual situation. The Russian invasion of Ukraine is totally unjustified, a clear violation of the UN Charter," he said

India keep climbing global internet speed index; UAE leads the charts

For fixed broadband download speeds, Singapore was consistent at the first position in January while Cyprus jumped 20 spots

German Chancellor Scholz to pay state visit to India on February 25-26

German Chancellor Olaf Scholz will pay a State visit to India on February 25 and 26, his first trip to the country more than a year after he took charge of the top post. Announcing the German chancellor's visit, the Ministry of External Affairs (MEA) said on Monday that Scholz will be accompanied by senior officials and a high-powered business delegation. He is scheduled to arrive in Delhi on February 25 and will proceed to Bengaluru on February 26, the MEA said. It added that Prime Minister Narendra Modi and Chancellor Scholz will hold discussions on bilateral, regional and global issues. "Chancellor Scholz's visit will enable both sides to take stock and progress on the key outcomes of the 6th IGC, strengthen security and defence cooperation, work towards closer economic ties, enhance opportunity for mobility of talent and give strategic guidance to ongoing collaboration in science and technology," the MEA said. Modi and Scholz will also interact with CEOs and business leaders f

India's sugar output up 5.39%, produced 25.4 mn tonnes so far this season

The association last month cut its 2022/23 output estimates by 7% from the previous forecast, as sugar cane yields in major producing states fell due to weather conditions

India plans to focus on energy-related issues in its G20 Presidency

India during its ongoing G20 presidency has recently signed a memorandum of understanding with the Indonesia-Malaysia-Thailand Growth Triangle Joint Business Council

Nine Indian states among 50 most vulnerable regions due to climate change

Asia dominated the XDI list, with 114 regions among the top 200 falling in the region

Pakistan's current situation most difficult in last 2 decades, shows report

The current situation in Pakistan is the most difficult faced by the country in the last two decades, reports. Adding that the country, facing an economic crisis, political chaos, and terror attacks