The enduring legacy of trade routes lies in shared stories and religious diversity. Can the India-Middle East-Europe Economic corridor harness this legacy to empower nations, asks Arundhuti Dasgupta.
French carmaker Citroen will launch its C3 Aircross Sport Utility Vehicle (SUV) in India by October, and is betting big on exports from India to markets like South Africa, ASEAN (Association of Southeast Asian Nations) and Nepal, a top company executive told Business Standard. Citroen, which sold 6,000 units through Citron C3 and C5 Aircross SUV, is likely to double its sales during the current year, as it has already sold 6,000 units of Citron C3 and eC3 electric vehicles during the first six months. "We are going to start bookings for the C3 Aircross SUV in September and launch it in October. Price will be at the heart of the midsize SUV market," said Saurabh Vatsa, Citroen India branch head.
He last visited India in November 2019 and also celebrated his 71st birthday with schoolchildren in Mumbai and earlier this week he told British Indian peer Lord Karan Bilimoria at a pre-Coronation reception that he looks forward to making a State Visit to India soon.
Amazon Prime Video has announced a huge number of assorted Web series and movies, and the slate sure looks interesting.
Stepping up its development work in India, the United States-based enterprise network storage company Network Appliance on Tuesday said it plans raising its manpower in the country to 300 by the year 2005.
LeT commander Abdul Rehman al-Dakhil was named as a Specially Designated Global Terrorist (SDGT) by the Department of State.
Biden is not risking his reputation in a crucial election year, argues Ambassador M K Bhadrakumar.
'India has not integrated into any major trade agreement'.
An amount of Rs 12 crore has been earmarked for the project.
Disney Star India, bought at a valuation of $15 billion, could be on the block for roughly one-third that amount.
This could be a setback to the Home Ministry's plans to secure the country against any misuse of its vast telecommunication network by terrorists.
The government believes firms which are subject to China's laws could be forced to hand over information to Beijing's security services.
King Charles III, Britain's new monarch who ascended to the throne on the death of his mother Queen Elizabeth II, has a strong connection with India and its age-old traditions of Yoga and Ayurveda.
Bucking the overall downtrend, shares of RIL rallied nearly 10 per cent, capping the Sensex loss to a large extent.
Zudio was the standout performer as it tapped into the pentup demand in small-town India, at a pace never seen before, notes Indrajit Gupta, co-founder and director, Founding Fuel.
Two-wheeler exports from India fell by 17.8 per cent to 3.65 million units in 2022-23 (FY23), according to data released by the Society of Indian Automobile Manufacturers (Siam) on Thursday. This decline is due to a rise in global inflation and the weakening of economies and currencies in key export markets of Africa, Latin America (LatAm), and South Asia. In contrast to FY23, two-wheeler exports from India jumped 35.4 per cent to 4.44 million units in 2021-22 (FY22).
The share of Life Insurance Corporation of India (LIC) in monthly new business premium (NBP) in the life insurance sector declined to 58.50 per cent in September 2023 from 68.25 per cent in September 2022 -- a drop of 975 basis points -- owing to shortcomings in the product and distribution side of business. However, the market share saw a marginal uptick from the 57.37 per cent recorded in August this year. According to the monthly business data released for September 2023 by the Life Insurance Council, the NBP of LIC up to September 2023 stood at Rs 92,462.62 crore as compared to about Rs 1.25 trillion in the same period a year ago.
Significantly, for the first time, the FATF put Myanmar in the "high risk jurisdictions subject to a call for action", often referred to as the watchdog's black list.
India stands 40th in 'network readiness' in the world, having slipped from the 39th spot it held last year. However, it is above China (50th) and Pakistan (67th) and Sri Lanka (83rd).
The merits and demerits of the telcos' 5G strategy however is clearly dependent on the financial muscle of players, reports Surajeet Das Gupta.
Reliance Industries chairman Mukesh Ambani on Monday announced a Rs 2 lakh crore investment in deploying fifth-generation or 5G telephony with rollout in metro cities by Diwali. Jio, the nation's largest telecom operator, has deployed standalone 5G stack rather than upgrading the existing 4G network, to offer ultra-high speed internet, he said at Reliance Industries' 45th AGM.
In an exclusive interview with PTI video, the minister also said an extensive risk-based analysis is done continuously to ensure the production of quality medicines in the country, and the government and regulators are always alert to ensure that no one dies due to spurious medicines.
The government of India on Saturday sought an explanation on how such elements were allowed, in the presence of police, to breach the security of its diplomatic mission and consulates, the Ministry of External Affairs said in a statement.
The growth in smartphones and devices has fuelled surge in malicious applications, which grew globally by over 600 per cent to 2.76 lakh in the one year.
Canada has evacuated a majority of its diplomats working in India outside of New Delhi to either Kuala Lumpur or Singapore after it gave Ottawa an October 10 deadline to reduce its diplomatic staff to achieve parity in strength following a row over the killing of Hardeep Singh Nijjar, according to a media report on Friday.
The Indian Space Research Organisation (ISRO) is set to welcome the new year with the launch of its first X-Ray Polarimeter Satellite that would offer insights into celestial objects like black holes, onboard a Polar Satellite Launch Vehicle rocket on Monday.
Creating an LLM trained on Indian languages is not easy. Experts say each language in India has a nuance of its own, so creating a ChatGPT-like product is an ambitious challenge.
'We have interesting leads on the agents. The roles of agents in this entire operation, who were doing what.'
The Bill allows stopping of transmission and intercepting messages in case of public emergency, in the interest of the public, to prevent incitement for committing offence.
Assume Voot, JioCinema and Disney+ Hotstar are merged into one entertainment app, and you have a streaming service with more than 233 million unique visitors. That is a reach just under half of India's largest streaming app: YouTube. 'This level of consolidation does not exist even in the US.'
American online major Amazon seems to be almost doubling its India investment going by the company's recent announcement during Prime Minister Narendra Modi's state visit to the US. From the time the Seattle-headquartered company started its India journey in 2013, its investment into the country is pegged at $11 billion or roughly $1.1 billion a year. By committing a fresh round of $15 billion by 2030, the Jeff Bezos-founded company's investment would go up to more than $2 billion a year over the next seven years.
Finnish telecom gear maker Nokia and Tech Mahindra have joined hands to deploy 5G-based solutions for business organisations, according to a joint statement by the two companies. Under the collaboration, Tech Mahindra will leverage Nokia's private wireless DAC (digital automation cloud) solution for customers across industries and facilitate in automating 5G private wireless network management on a cloud computing system and enabling them deploy internet of things like technology.
Reliance Jio's decision to acquire 700 MHz in combination with the possible use of an advanced standalone (SA) 5G network could give it an edge over its rivals, according to most analysts. The dissenters argue that the stiff price tag touching Rs 40,000 crore to grab 10 MHz of spectrum in 700 to provide coverage for its SA 5G network which offers ultra-low latency (unlike non-standalone or NSA), has a long way to go in India in terms of finding use cases that can be monetised. Globally, 700 MHz is a pivotal band which provides huge coverage, indoor penetration (especially useful in India where walls are thick) and is already considered by the European Union to be the 'pioneer band' for 5G, with 3.5 GHz and 26 GHz, both of which were auctioned in India recently.
The company, a joint venture between Finnish cell phone maker Nokia and German conglomerate Siemens AG, is planning to bring down its annual operating expenses and production overheads by 500 million euros by the end of 2011.
Policymakers should aspire to restore the pre-Independence environment where the rupee was trusted and used all over South Asia, in Southeast Asia, in West Asia, and in East Africa, suggests Ajay Shah.
Network 18, the holding company of TV 18, Global News Broadcast, Web 18 and Studio 18, is investing $10 million in a new entertainment company -- The Indian Film Company, to be listed on the Alternative Investment Market of the London Stock Exchange.
The country's most valuable lender HDFC Bank can perhaps no longer claim to be a favourite of foreign portfolio investors (FPIs). Two data indicators, both somewhat interconnected, point to this - the diminishing premium of HDFC Bank's American depositary receipts (ADRs) compared to local shares, and the ample investment opportunities available to FPIs in the domestic market. The ADR premium has shrunk to below 5 per cent, down from over 30 per cent in March 2021, and even lower than recent levels.
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