On August 15 last year, Prime Minister Narendra Modi announced from the ramparts of the Red Fort that the Indian Railways would launch 75 Vande Bharat Express trains by August 2023. Later, in her 2022 Budget speech, Finance Minister Nirmala Sitharaman announced that 400 Vande Bharat trains will be manufactured in the next three years, which are expected to cost between Rs 40,000 crore and Rs 50,000 crore. Those upbeat announcements come after a series of cancelled tenders, vigilance actions against officials and interdepartmental rivalry that delayed the addition of these iconic trains developed entirely indigenously by the Integral Coach Factory (ICF) in Chennai.
Prime Minister Narendra Modi on Thursday is scheduled to have as many as eight meetings, including with Vice President Kamala Harris, on the first working day of his current US trip.
Exim Bank pointed out that recent performance of the manufacturing sector in India is indicative of an underlying inertia.
The Tata group is looking to make a foray into semiconductor (also known as chips) manufacturing and it has set up a business to seize the opportunity, Chairman N Chandrasekaran said on Monday. "At the Tata group, we have already pivoted into a number of new businesses like electronics manufacturing, 5G network equipment as well as semiconductors, in all probability," he said while speaking at the annual general meeting of the IMC Chamber of Commerce and Industry. Chandrasekaran said global supply chains, currently heavily dependent on China, would see a big change in a post-pandemic world with businesses shifting their reliance to other countries.
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
The Union Cabinet on Wednesday approved a Rs 76,000 crore policy boost for semiconductor and display manufacturing ecosystem in the country in an bid to position India as a global hub for hi-tech production. Announcing the decision of the Cabinet, IT and Telecom Minister Ashwini Vaishnaw observed that electronics plays an important role in everyday life, and semiconductor chips forms a crucial part of electronics. Outlining the details of the scheme, he said the Rs 76,000 crore programme has been approved for the development of semiconductors and display manufacturing ecosystem.
AI tech that study CT scans and X-Rays are being deployed as part of global efforts to tackle the coronavirus pandemic, according to LPU researchers. The system may enable doctors and medical staff even in remotest villages of the country to get quick results on the COVID-19 status of a patient.
The scheme is aimed at slashing the salary and pension bills of the three services, which have been increasing rapidly.
The US on Friday issued orders to ban popular Chinese social media apps TikTok and WeChat from Sunday to safeguard national security, weeks after India banned them, saying they were prejudicial to sovereignty, integrity and security of the country.
The mobile phone manufacturers are planning to plead with the government that the new rules suggested by the DoT could leave them with no option but to stop introducing new phone models in the country if the stringent rules are eventually approved.
There is no direct impact of the Russia-Ukraine crisis on India in terms of bilateral trade but a surge in oil prices poses considerable risk to the economy, an analyst report said on Friday. International oil prices which have surged past $100 per barrel "pose risks to external stability and currency movement," a Bank of Baroda Economics Research report said. Russia has launched military operations against Ukraine, stoking fears of significant disruption in the region, including loss of life. The West is ramping up financial sanctions against Russia and support for Ukraine.
Ola's factory will create 10,000 jobs and serve as the company's global manufacturing hub for India and international markets.
In a major boost to its fire power, the Indian Army has deployed a sizeable number of upgraded L70 anti-aircraft guns in the high mountains along the Line of Actual Control in Arunachal Pradesh in addition to its existing M-777 howitzers and Swedish Bofors guns, officials said on Wednesday.
The EC has asked all departments to deploy round-the-clock flying squads, quick-response teams, and high-tech machinery to check money inflow. They are also to examine vehicles passing though check-posts, reports Shrimi Choudhary.
China, the Ukraine crisis and Quad will dominate the discussions, observes Dr Rajaram Panda.
The terrorists holed up in the Kashmir valley have been facing acute shortage of arms and ammunition and they are desperately looking for some help from across the border for the same.
RIL was among the top gainers in the Sensex pack, jumping over 3 per cent to hit its record closing high. Tech Mahindra, HCL Tech, Bharti Airtel, Infosys, HUL and ITC were also among the prominent gainers.
Is working to speed up assembly line to produce 10 Dreamliners a month by year-end.
The government on Wednesday approved a production-linked incentive (PLI) scheme for the pharmaceutical sector, entailing an outlay of Rs 15,000 crore. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the scheme which will benefit domestic manufacturers, help create employment and is expected to contribute to the availability of a wider range of affordable medicines for consumers. The duration of the scheme would be from 2020-21 to 2028-29 and is expected to promote the production of high value products in the country and increase the value addition in exports, an official release said.
In an address to the air warriors on the occasion of the 89th Air Force Day, the Chief of Air Staff also said that the IAF must demonstrate to the nation that external forces will not be allowed to violate its territory.
'There is a vision in the Budget, and the vision is to take India from a largely agrarian, rural economy into a fast-track digitalised economy.'
Silicon Valley has the highest concentration of high-tech workers of any metropolitan area.
'By killing innocent people, they are using Sun Tzu's tactics of 'kill one, terrify thousands.'
Are you ready for an exciting week of fashion?
The suits, which depict red flowers and blue diamonds on top of enormous skulls in a homage to the Mexican holiday, at first stoked controversy among committee members.
Chinese foreign policy will acquire a more ideological and less pragmatic character. It will be conducted with more nationalist overtones, predicts former foreign secretary Shyam Saran.
He said the force, which guards over 6,300 km of India's land border with Pakistan in the west and Bangladesh on the east, is faced by four main challenges on the security front.
The most confusing acronym for the decade was SOA (Service Oriented Architecture).
'Saying the private industry will come and transform India's space programme is real moonshine!'
Mobile connectivity has reached people the fastest of all technologies and the wave of mobile internet will be driven by social networking, says Jean-Laurent Poitou, MD, Accenture (electronics.
No longer Bengal's finance minister, Amit Mitra, Mamata's principal chief advisor, will still advise and aid the 'chief minister and finance department on all matters relating to management of state finance', represent the 'state government in national and international events/meetings/committees' and examine 'important proposals/files and policy issues relating to financial matters referred to him for advice/views'.
To stay on course with their academic calendars, several steps for graduating batches and fresh incoming batches are being taken.
We understand the electoral compulsions, the desperate need for the BJP to have at least 50 per cent of the Hindus vote for them in Uttar Pradesh in a few months. For that, you need polarisation, put your own Muslim compatriots on the 'other' side. This is how your domestic politics runs contrary to your national, strategic interest, warns Shekhar Gupta.
Launching The Black Mask Company, Haye said the design was inspired by police masks in Vietnam, where there have been no recorded deaths from COVID-19, and that he wanted to help protect the environment.
Robert, a resident of New Jersey, was charged with illegally exporting to India the military blueprints and technical drawings of parts used in some of the high-tech and sensitive hardware like F-15.
The newspaper said the defence cooperation between Sri Lanka and Pakistan had grown significantly in recent years as Islamabad, unlike New Delhi, had no problems supplying the state-of-the-art weaponry to Lankan army to accelerate its counter-insurgency operations against the LTTE which finally ended with the killing of Tamil chief Vellupillai Prabhakaran.
Since 2013, the 'Prison Inside Me' facility in northeast Hongcheon has hosted more than 2,000 inmates, many of them stressed office workers and students.
Soldiers with bad aim may get help from a new high-tech sniper-bullet system that can track and direct the bullet to the target.
Formula One alegend Michael Schumacher's wife has reportedly modified a room in their Swiss mansion, spending 10 million-pounds on it, so that the seriously injured racing legend can come home.
The indigenously-built missile was launched from PNS Himmat and it successfully hit the target, it said.
