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News   -   Jan 08, 2025 Oil and Gas Auctions Delayed until Parliament Clears Oilfields Bill
Oil and Gas Auctions Delayed until Parliament Clears Oilfields Bill

The Union government will announce the tenth round of oil and gas exploration under the Open Acreage Licensing Policy (OALP) only after Parliament passes the Oilfields (Regulation and Development) Amendment Bill, 2024, Business Standard reports. The Bill, pending in the Lok Sabha (Lower House), aims to streamline petroleum leases, permit

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News   -   Jan 08, 2025 Opposition Trade Unions Warn of Strike over Labour Codes
Opposition Trade Unions Warn of Strike over Labour Codes

A coalition of 10 central trade unions affiliated to various Opposition parties has threatened a nationwide strike against the Union government's move to notify the four labour codes. During a pre-budget meeting with Finance Minister Nirmala Sitharaman, the unions urged her to halt the codes' implementation, while

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News   -   Jan 08, 2025 Microsoft's $3 Billion Plan to Promote AI in India
Microsoft's $3 Billion Plan to Promote AI in India

On Tuesday, Microsoft's CEO Satya Nadella announced plans to invest over $3 billion in India's Artificial Intelligence (AI) infrastructure, including the establishment of new data and skilling centres in the next two years. He was speaking at the Microsoft AI Tour in Bengaluru. Microsoft has three

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News   -   Jan 08, 2025 Foxconn, Dixon Seek Subsidies Under Unallocated Production Incentives
Foxconn, Dixon Seek Subsidies Under Unallocated Production Incentives

Apple Inc. supplier Foxconn Technology Group and Dixon Technologies India Ltd. have sought ₹6 billion and ₹1 billion, respectively, in subsidies they are entitled to under the Union government’s production incentives program. The Union government pledged a total of ₹410 billion ($4.8 billion) in subsidies to manufacturers, and

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News   -   Jan 08, 2025 V Narayanan to Take Charge as ISRO Chairman on January 14
V Narayanan to Take Charge as ISRO Chairman on January 14

V Narayanan is set to become the new chairman of the Indian Space Research Organisation (ISRO), and the Secretary of the Department of Space. According to news reports, he will take over from S Somanath on January 14, when his tenure ends. Cabinet's Appointments Committee issued an order

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News   -   Jan 08, 2025 India’s Economic Growth Dips Below Government Estimates
India’s Economic Growth Dips Below Government Estimates

India’s economy is expected to grow only at a rate of 6.4% in 2024-25. This is the lowest growth rate in the last four years and the slump is attributed to a slowdown in manufacturing and urban consumption, according to the National Statistics Office (NSO). The estimate falls

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News   -   Jan 08, 2025 India Now has Nearly One Billion Voters, Crosses 99 Crore Mark
India Now has Nearly One Billion Voters, Crosses 99 Crore Mark

India's electorate now has over 99 crore voters. There has been a 2.2% growth in the number of voters, recorded since the last special summary revision of electoral rolls in 2024. Chief Election Commissioner Rajiv Kumar announced on Tuesday that the country may soon have 100 crore

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News   -   Jan 07, 2025 Delhi Assembly Elections on February 5, results 3 days later
Delhi Assembly Elections on February 5, results 3 days later

Chief Election Commissioner Rajiv Kumar announced at a press conference on Tuesday that Delhi will have single-phase polling on February 5 and that the counting of votes will be done on February 8. The last date for filing of nominations is on January 17 and that of withdrawal of candidature

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