The RBI has shelved its plan for polymer notes more than a decade after it invited interest from global manufacturers for one billion pieces of Rs 10 denomination polymer banknotes, reveals Tamal Bandyopadhyay.
Alstom Power President Phillippe Joubert told reporters the Salt Lake facility would supply high-value engineering skills to projects executed not only in India, but also in North America and Europe. \n
The nation in a post-coronavirus future could well look back on the pandemic period as a 'blessing in disguise' if Indians imbibe hand, respiratory and environmental hygiene and practise it in their everyday lives, the minister said.
Bibhu Prasad Routray explains why the US is supporting Japan's resolve to release 'treated' radioactive waste water into the Pacific Ocean. And what role China plays in the US decision.
Estimated to cost $44 billion, the project was expected to be commissioned by 2025.
More than a year of Covid-19 has pushed most businesses into gloom but Reliance Industries Ltd (RIL) managed to reduce its gross debt 25 per cent, enabling it to turn towards its next phase of capital expenditure that has come in the form of a Rs 75,000-crore plan for green energy and power storage. The company managed to stay afloat during the pandemic because of its large presence in the consumer-centric businesses of retail and telecommunication (see chart: "A new Reliance"). These two businesses constituted 45 per cent of its EBITDA during FY21 from 36 per cent in FY20.
Audi's strategy seems to point to pushing technology to directly connect with consumers using digital platforms and marketing to synchromesh into one seamless experience, says Pavan Lall.
With a plunge in steel prices, ship owners are getting about $3.6 million less for the 25,000 tonnes of recoverable metal.
By refusing permission for the proposed ship-breaking facility, India can send a categorical message to the foreign ship owning countries that they should keep their own waste and recycle
'The COVID-19 pandemic must push the military into a long-term reconsideration of its primary challenges.' 'There must be greater emphasis on humanitarian aid and disaster relief including the management of contagious illnesses and impending crises caused by climate change,' notes Ajai Shukla.
Though the US has got together a number of vetted and potential Indian business partners, most of these companies say they haven't had much luck in stitching up deals to tap into India as an export market for their goods.
The struggling steelmaker said the sale includes several South Yorkshire-based assets, including electric arc steelworks and bar mill at Rotherham, steel-purifying facility in Stocksbridge and a mill in Brinsworth.
The ICMR has already approved a bunch of rapid test kits for launch. The health ministry admitted that clusters of COVID-19 had appeared in many states and the risk of further spread remains very high.
As per the ministry's updated data on coronavirus cases Saturday morning, six fresh deaths were reported -- three from Maharahtra, two from Delhi and one from Gujarat.
A partial United States government shutdown over President Donald Trump's demand for $5.7 billion to build a wall along the US-Mexico border entered its 23rd day on Sunday making it the longest shuttering of federal agencies in the country's history, with no end in sight. The closure, which began on December 22, broke a decades-old record by a 1995-1996 shutdown under former US President Bill Clinton that lasted 21 days.
To curb pollution, the Mysuru corporation has launched a bicycle-sharing initiative, reports Apurva Venkat.
Queensland's Development Minister Anthony Lynham issued a statement on Sunday, saying the combined mine, rail and associated water infrastructure have all been declared "critical infrastructure" and the project's special "prescribed project" status has been renewed and expanded to include its water infrastructure.
'Large-impact aerial weapons have no use against dictator regimes or terrorist entities,' says Group Captain Murli Menon (retd).
President Ram Nath Kovind addressed the nation on the eve of India's 75th Independence Day. Here's the text of what he said:
'You can only see it when you look for it. Seek and you shall find.'
'Since the bilateral deficit is a reality -- and a worry -- we need to find a way to deal with it,' says Ravi Bhoothalingam.
Green revolution and technology use should not be region-specific.
More than just a legacy brand in commercial vehicles, Ashok Leyland wants to be seen as an old brand embracing new values.
The problem, say experts, is not so much the use of plastic as the lack of effort to recycle and reuse it.
At a critical time in the history of the United Nations, when the global order itself may be reshaped, following a devastating pandemic, India has chosen an experienced, charming and upright diplomat to lead the Indian delegation to the UN in New York.
Infra major's entry could queer the pitch for Jaypee and Hindustan Semiconductor.
Singh received the aircraft at the Rafale fighter jet handing-over ceremony at Merignac in the presence of French Minister of Armed Forces Florence Parly. Members of the top military brass of France as well as senior officials of Dassault Aviation, the makers of Rafale, were also present at the ceremony.
The euphoria of Ab Ki Baar Modi Sarkar will fade quickly if the Modi government does not raise its game, and focus significant monetary resources and managerial skills on making India's infrastructure truly world-class, says Ram Kelkar.
'What exists instead is a clear gap between skilled people and the work at hand.' 'Employers on most occasions find it difficult to find a match between the two,' Adi Godrej tells Viveat Susan Pinto and Niraj Bhatt.
Modi government has pledged to lay 700,000 kms of broadband cable.
India needs to tread cautiously on the growth path.
India continues to battle poverty, child and maternal deaths, according to a United Nations report on the Millennium Development Goals that said while several key global targets have been met, more sustained effort is needed to cover disparities by the 2015 deadline.
Modi government has taken some interesting policy decisions in the 100 days since the time he met President Pranab Mukherjee to present his claim as Prime Minister of the world's largest democracy, says Tanmaya Nanda.
The Supreme Court-mandated ban on all mining operations in Goa -- the second in less than a decade -- will disrupt the livelihoods of tens of thousands in the state, points out P K Mukherjee.
'With the recent challenging of the notion of the Indian Ocean Region being India's strategic backyard, China is gradually upping the ante in the maritime realm around India.'
From starting with two sewing machines in her bedroom, Anita Dongre is all set to launch two stores in America. Archana Masih meets the designer for the working woman and the bride.
Is the Budget sufficiently prudent? It probably is but at the cost of substantial under-provisioning for the many grand sounding schemes announced in it, says Nitin Desai.
'The toughest challenge is not to satisfy the luxury customer.' 'The toughest challenge is to satisfy the budget customer.'
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.