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21 Jan

The World Economic Forum brings together world leaders to discuss pressing economic challenges

editor0 CommentsEconomy

The World Economic Forum (WEF) commenced its annual meeting in Davos, Switzerland, bringing together global leaders to discuss pressing economic challenges. Key topics include inflation, supply chain disruptions, and sustainable development. Notable sessions feature discussions on digital transformation and climate change mitigation strategies. The forum serves as a platform for policymakers and business leaders to collaborate on solutions to foster global economic stability and growth.

17 Jan

Apple Pauses Notification Summaries for News in iOS 18.3 Beta

editor0 CommentsBusiness

Apple has temporarily disabled the notification summary feature for news and entertainment apps in the iOS 18.3 developer beta. This decision follows criticism over inaccurate summaries from sources such as the BBC. The feature, powered by Apple Intelligence, will be re-enabled in a future update as improvements are made. In the meantime, the beta version will indicate that the notification summary feature is in beta and may have errors. Users will also be able to disable notifications for specific apps from the lock screen or Notification Center. Additionally, the lock screen will now display italicized text to differentiate between summaries…

15 Jan

UK-India Business Activity Surges by 121% Ahead of Trade Talks

editor0 CommentsBusiness

Business transactions between the UK and India have experienced a significant surge over the past nine months, with payments from India to the UK increasing by 121% and from the UK to India by 32%. This uptick precedes the resumption of trade negotiations scheduled for January. Key drivers of this growth include India's expanding population, urbanization, rising affluence, and substantial infrastructure investments. Prominent sectors contributing to this increase encompass civil engineering, services, consumer goods such as Scotch whisky, and defense equipment. Additionally, India's high-tech manufacturing sector, supported by government incentives, has strengthened ties with the UK. HSBC UK reported a…

13 Jan

India Achieves US$1 Trillion Milestone in FDI Inflows

editor0 CommentsBusiness

India has reached a significant milestone in its economic growth, with total foreign direct investment (FDI) inflows hitting US$1 trillion. This achievement reflects the country's growing attractiveness as a global investment destination. Key sectors contributing to this milestone include information technology, telecommunications, and manufacturing. Government reforms, ease of doing business initiatives, and a large consumer market have been pivotal in attracting foreign investors. Economists suggest that sustaining this momentum will require continued policy support and infrastructure development to maintain investor confidence and drive further economic growth.

13 Jan

Indian EV Market Projected to Reach ₹20 Lakh Crore by 2030

editor0 CommentsBusiness

Union Minister of Road Transport & Highways, Nitin Gadkari, has projected that India's electric vehicle (EV) market will reach ₹20 lakh crore by 2030. He emphasized the government's commitment to promoting sustainable mobility solutions and reducing carbon emissions. Gadkari highlighted various initiatives, including incentives for EV manufacturers and consumers, development of charging infrastructure, and policy support to accelerate the adoption of electric vehicles. The minister also underscored the potential of the EV sector to generate employment opportunities and contribute to economic growth. Industry experts view this projection as a positive indicator of the country's transition towards cleaner transportation alternatives.

11 Jan

Dalmia launches new cement product, to focus on Northeast markets

editor0 CommentsNorth East

Dalmia Cement (Bharat) Limited, India’s leading cement company unveiled its refreshed cement portfolio under the ‘Roof, Column, Foundation (RCF) Expert’ brand positioning, across its key markets in India, including Northeast. The product unveiling events, supported by Dalmia Cement’s vast network of over 50000+ channel partners nationwide, saw active participation from key dealers, contractors and masons. As construction practices continue to evolve, home builders now seek advanced features such as faster setting times, superior workability, and enhanced resistance to environmental challenges. Engaging on-ground activations and interactive sessions highlighted the advanced features and superior performance of the RCF Expert Range. The events…

09 Jan

UK-India Business Activity Surges by 121%

editor0 CommentsBusiness

The value of business activity between the UK and India has surged significantly over the past nine months, with UK-to-India payments increasing by 32% and India-to-UK payments rising by 121%. This growth precedes the resumption of trade talks in January. Key factors driving this boost include India's growing population, urbanization, affluence, and extensive infrastructure investments. Prominent trade areas include civil engineering, services, consumer goods like Scotch whisky, and defense equipment. The high-tech manufacturing sector in India, bolstered by government incentives, has also strengthened ties with the UK. HSBC UK reported a 36% increase in new business client referrals from HSBC…

08 Jan

SEBI warns Ola electric over disclosure lapses

editor0 CommentsBusiness

The Securities and Exchange Board of India (SEBI) has issued a warning to Ola Electric for prematurely sharing information on social media before officially disclosing it to investors, violating fair disclosure norms. The incident involved Ola's founder, Bhavish Aggarwal, announcing new store openings on social media approximately four hours prior to informing investors through stock exchanges. SEBI emphasized the importance of timely and fair disclosure, noting that companies are required to disclose critical information within 12 hours of the event. This warning adds to Ola Electric's recent challenges, including scrutiny over service standards. Since its public listing in August, the…

06 Dec

Nagaland’s Hornbill Festival attracts over 86,000 visitors

editor0 CommentsNagaland

Over 86,000 people attended Nagaland's Hornbill Festival in its first five days in Naga Heritage Village Kisama to take in the magnificent silver jubilee edition. An annual tourism promotional event of the state government began on December 1 and attracted 86,640 visitors, including 1,715 foreigners, 22,546 domestic tourists, and 62,379 locals, according to Joint Director of Tourism Toka E. Tuccumi. The 10-day festival is also known as the festival of festivals. During the day, Sikkim, one of the participating states for this edition, also displayed their cultural artifacts. The visitors were confused, though, by the Naga tug-of-war match between the…

06 Dec

CRPF have arrested three cadres of the banned Kangleipak Communist Party in Imphal West

editor0 CommentsManipur

Three members of the banned Kangleipak Communist Party were arrested on December 5 in Phayeng, Imphal West, as a result of a combined operation by the Manipur police and the Central Reserve Police Force. One country-made 9mm pistol with four live bullets was taken from them by the security guards. Additional damning materials, including a demand letter and a workshop for producing illicit weapons, were found after a more thorough investigation of their hiding places in Kangchup. The police claim that the individuals engaged in extortion. The names of the people who were arrested were Laishram Langamba Meitei, Md. Abdul…