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UPA govt provided policy uncertainty and hostility: White Paper

Feb 8, 2024

New Delhi, Feb 8 (IANS) While investors across the world sought ease of doing business, the UPA government provided policy uncertainty and hostility, as per the White Paper on Indian Economy tabled in the Parliament by Finance Minister Nirmala Sitharaman on Thursday.The unenthusiastic economic environment was reinforced by the hostile policy…

White Paper on Economy: NDA under PM Modi nursed banking sector from sickness to health

Feb 8, 2024

New Delhi, Feb 8 (IANS) The National Democratic Alliance (NDA) government, led by Prime Minister Narendra Modi nursed the Indian banking sector from sickness to health, said the 'White Paper on Economy', tabled in the Parliament by Union…

Business

White Paper on Economy: Revived India’s telecom sector after decade of policy paralysis, 2G…

Feb 8, 2024

New Delhi, Feb 8 (IANS) India's telecom sector that lost a precious decade due to the 2G scam and policy paralysis, swung back to life after 2014 as the government took several steps to correct the situation in the telecom market and…

Business

EET Hydrogen to proceed into final negotiations with UK Government to develop low-carbon hydrogen…

Feb 8, 2024

New Delhi, Feb 8 (IANS) EET Hydrogen is pleased to announce it has a statement of principles with the UK Government’s Department for Energy Security and Net Zero for its flagship HPP1 low-carbon hydrogen plant. Construction is expected to…

Business

Sitharaman to present ‘white paper’ on UPA era’s economic mismanagement

Feb 8, 2024

New Delhi, Feb 8 (IANS) Finance Minister Nirmala Sitharaman is set to present ‘white paper’ in Lok Sabha on Thursday, showcasing the achievements of Bharatiya Janata Party (BJP)-led National Democratic Alliance (NDA) in last 10 years of…

Business

Telangana plans AI City, new industrial policy

Feb 8, 2024

Hyderabad, Feb 8 (IANS) The Revanth Reddy Government of Telangana will develop an Artificial Intelligence (AI) City in Hyderabad and will bring a new policy to promote industries and services sectors in the state. The Revanth Reddy…

Business

Sarvam AI partners Microsoft to bring its voice-based AI tools to Azure

Feb 8, 2024

New Delhi, Feb 8 (IANS) Indian generative AI startup Sarvam AI on Thursday announced its collaboration with Microsoft to make its Indic voice Large Language Model (LLM) available on Azure.The collaboration will allow Sarvam AI to use…

Business

Mexico overtakes China as the top exporter of goods to US

Feb 8, 2024

New York, Feb 8 (IANS) For the past two decades, the US imported more goods from China than all other nations. That's no longer the case now, the media reported.Mexico is now the top exporter of goods to the US, according to new trade data…

Business

GIC Re’s scrip flares up to touch 52-week high of Rs 467

Feb 8, 2024

Chennai, Feb 8 (IANS) The national reinsurer General Insurance Corporation of India’s (GIC Re) scrip flared up to reach a 52 week high of Rs 467 on Thursday and came down later. The scrip opened at Rs 392.30 and shot up to Rs 467. The scrip…

Business

RBI makes Key Fact Statement a must for retail and MSME loans

Feb 8, 2024

Mumbai, Feb 8 (IANS) The RBI on Thursday announced that it is mandatory for regulated entities such as NBFCs to provide ‘Key Fact Statement’ (KFS) in a simple format to borrowers for all retail and MSME loans.This would provide critical…

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