On Thursday, the Union Cabinet approved India’s proposal to join the International Energy Efficiency Hub, a significant step towards enhancing the country’s energy strategies. This decision grants India access to an exclusive network of 16 nations that share innovative energy practices and solutions, according to a statement from the Ministry of Power. The Cabinet, chaired by Prime Minister Narendra Modi, endorsed the signing of a ‘Letter of Intent’ that facilitates India’s entry into this vital energy collaboration platform. The Energy Efficiency Hub is designed to promote global cooperation and advancements in energy efficiency. As a member of the hub, India…
Author: Akancha Mishra
As Google commemorates 20 years in India, it is optimistic about the future, with Artificial Intelligence (AI) playing a key role, according to India MD Roma Datta Chobey. She noted that Google is aligning its strategy with India’s growth and goals. In an interview, Chobey emphasized that AI regulation is necessary but must balance user benefits and foster innovation, which is still at an early stage. India is a critical market for Google, with the company committing to areas such as AI, payments, Pixel phone manufacturing, and skill development. Chobey highlighted Google’s extensive collaboration with Indian startups, with millions of…
Jamaican Prime Minister Andrew Holness has underscored the importance of enhancing collaboration with India across various sectors, particularly science, technology, engineering, and mathematics (STEM), education, digitalisation, security, and energy. Holness acknowledged India’s leading role in technological advancement and expressed his nation’s eagerness to learn from India’s achievements in STEM and digitalisation. Holness also emphasized Jamaica’s growing interest in leveraging India’s expertise in technology-driven security measures to improve national and border security. He praised India as a global leader in these solutions, seeing it as a natural partner in enhancing Jamaica’s security infrastructure. On the energy front, Holness noted that Jamaica…
India’s gold demand is set to experience significant growth, supported by a reduction in import taxes and the upcoming festive and wedding seasons, which traditionally see increased purchases. Jewelry buying is expected to pick up as the festival period approaches, with gold being considered auspicious for both wearing and gifting. According to the World Gold Council, gold imports in August surged to 140 tons, more than triple the amount imported the previous month, following the government’s decision to cut the customs duty from 15% to 6%. This trend is expected to continue, with a favorable monsoon season improving crop yields…
Swiss-Dutch nutrition, health, and beauty company dsm-firmenich is planning a significant investment of over $100 million (more than ₹835 crore) in India, as announced by its global CEO, Dimitri de Vreeze, on September 25. This investment will focus on expanding capacity, including the construction of a new manufacturing plant, as the company aims to make India a key export hub for ingredients supporting its global operations. Formed through the merger of the Netherlands-based DSM and Switzerland’s Firmenich, both over a century old, dsm-firmenich expects India to emerge as one of its top three global markets within the next five years.…
Prime Minister Narendra Modi, on Wednesday, praised the efforts of everyone involved in the success of his visionary “Make in India” initiative, which was launched on September 25, 2014. In a LinkedIn article marking the 10-year milestone of the initiative, Modi expressed his appreciation for the countless individuals who have contributed to making “Make in India” a reality. He described these contributors as pioneers, visionaries, and innovators whose relentless dedication has brought global attention and curiosity to India. “Make in India” was conceived a decade ago with the ambitious goal of advancing India’s manufacturing capabilities, transforming the country from an…
As we age, it becomes increasingly difficult to recall all our treasured memories. Advait Paliwal, an Indian-origin entrepreneur, has introduced a groundbreaking solution to this challenge with his latest creation, Iris. This wearable device, powered by artificial intelligence, captures a photo every minute, automatically labeling and arranging them into a seamless timeline. In a social media post, Paliwal introduced Iris, highlighting its potential to offer users what he calls an “infinite memory” of their life. Iris comes with a unique feature called focus mode, designed to combat distractions. The device can recognize when users lose focus and prompts them to…
In a recent discussion, Commerce and Industry Minister Piyush Goyal emphasized the remarkable progress of the Make in India initiative over the last ten years, recognizing India as a leading global hub for manufacturing. He highlighted how the initiative has played a vital role in creating jobs, drawing in significant domestic and international investments, and fostering self-sufficiency across various industries. By implementing several reforms aimed at improving the ease of doing business, promoting high-quality production, and reinforcing the nation’s economic foundations, India has witnessed an impressive 90% economic growth, in contrast to the global average of 35%. Goyal expressed contentment…
During Prime Minister Narendra Modi’s ongoing visit to the United States, the US government returned 297 antiquities that had been smuggled out of India. An official statement from the Prime Minister’s Office announced that this return is part of efforts to combat the illicit trafficking of cultural properties. PM Modi shared the news on social media platform X, expressing his gratitude to President Joe Biden and the US government for facilitating the return of these invaluable artifacts. He emphasized that these items are not just historical artifacts but essential representations of India’s civilization and consciousness. The antiquities date back nearly…
India and the United States have signed an agreement to establish a semiconductor fabrication plant aimed at producing chips for applications in national security, next-generation telecommunications, and green energy, as detailed in the Indo-US joint fact-sheet. This partnership, celebrated by President Joe Biden and Prime Minister Narendra Modi, represents a groundbreaking milestone, being the first instance where the US military has collaborated on advanced technology with India. The fabrication facility, named “Shakti” (meaning power), will focus on advanced sensing, communication, and power electronics. It will receive support from the India Semiconductor Mission and a strategic technology alliance involving Bharat Semi,…