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India's coal minister, G Kishan Reddy, announced plans to create a coal exchange on October 21 at an industry event. The exchange's goals are to stabilise fuel costs and increase supply. The Minister added, "Last week we took a briefing on setting up coal exchange,
by Daanish NarayanInternational investors have taken out ₹81,000 crore ($962 million) from the Indian equity market so far in October, which is the most in a month. The recent risk-off mentality among international fund managers has been heightened by concerns about market valuations following a downturn in earnings and a resurgence
by Daanish NarayanThe Indian government announced that it has reached an agreement with China regarding "patrolling arrangements" and a military standoff at the Line of Actual Control (LAC). The announcement was made by Vikram Misri, Foreign Secretary of India, just before Prime Minister Narendra Modi visits Russia for the BRICS
by Daanish NarayanOn October 20, 25 hoax bomb threat calls were made to various Indian airlines. Six flights each of IndiGo, Vistara, Air India and Akasa Air, and at least one flight of Air India Express received the threats. This comes after 30 hoax calls were made on October 19. More than
by Daanish NarayanThe Department of Animal Husbandry & Dairying of the Central government will conduct the Livestock Census from September to December 2024. This will be the twenty-first edition of the Livestock Census after the twentieth edition concluded in 2019. The Ministry will release the census data, collected from over 27 crore
by Daanish NarayanIndia needs to increase its fertiliser production capacity as situations in Ukraine and the Middle East are likely to remain unstable, said Senior Economist of the Food and Agriculture Organization (FAO) of the United Nations, Nicholas Sitko. To reduce its reliance on imported fertilisers, India should consider transforming its agricultural
by Daanish NarayanThe Housing and Urban Development Corp (HUDCO), a public sector organisation engaged in housing finance and infrastructure project finance, raised ¥60 billion ($448 million) from the Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corp (SMBC) and Mizuho Bank. This is a rare transaction for a government-owned company in this
by Daanish NarayanGoogle has announced AI research and models to support India in the agriculture sector. Google is granting developers access to its Agricultural Landscape Understanding (ALU) Research API, which leverages artificial intelligence and remote sensing to deliver insights at the individual farm level throughout India. The technology determines the boundaries of
by Daanish NarayanIndia's coal minister, G Kishan Reddy, announced plans to create a coal exchange on October 21 at an industry event. The exchange's goals are to stabilise fuel costs and increase supply. The Minister added, "Last week we took a briefing on setting up coal exchange,
by Daanish NarayanIndia's coal minister, G Kishan Reddy, announced plans to create a coal exchange on October 21 at an industry event. The exchange's goals are to stabilise fuel costs and increase supply. The Minister added, "Last week we took a briefing on setting up coal exchange,
by Daanish NarayanInternational investors have taken out ₹81,000 crore ($962 million) from the Indian equity market so far in October, which is the most in a month. The recent risk-off mentality among international fund managers has been heightened by concerns about market valuations following a downturn in earnings and a resurgence
by Daanish NarayanThe Indian government announced that it has reached an agreement with China regarding "patrolling arrangements" and a military standoff at the Line of Actual Control (LAC). The announcement was made by Vikram Misri, Foreign Secretary of India, just before Prime Minister Narendra Modi visits Russia for the BRICS
by Daanish NarayanOn October 20, 25 hoax bomb threat calls were made to various Indian airlines. Six flights each of IndiGo, Vistara, Air India and Akasa Air, and at least one flight of Air India Express received the threats. This comes after 30 hoax calls were made on October 19. More than
by Daanish NarayanThe Department of Animal Husbandry & Dairying of the Central government will conduct the Livestock Census from September to December 2024. This will be the twenty-first edition of the Livestock Census after the twentieth edition concluded in 2019. The Ministry will release the census data, collected from over 27 crore
by Daanish NarayanIndia needs to increase its fertiliser production capacity as situations in Ukraine and the Middle East are likely to remain unstable, said Senior Economist of the Food and Agriculture Organization (FAO) of the United Nations, Nicholas Sitko. To reduce its reliance on imported fertilisers, India should consider transforming its agricultural
by Daanish NarayanThe Housing and Urban Development Corp (HUDCO), a public sector organisation engaged in housing finance and infrastructure project finance, raised ¥60 billion ($448 million) from the Mitsubishi UFJ Financial Group (MUFG), Sumitomo Mitsui Banking Corp (SMBC) and Mizuho Bank. This is a rare transaction for a government-owned company in this
by Daanish NarayanGoogle has announced AI research and models to support India in the agriculture sector. Google is granting developers access to its Agricultural Landscape Understanding (ALU) Research API, which leverages artificial intelligence and remote sensing to deliver insights at the individual farm level throughout India. The technology determines the boundaries of
by Daanish NarayanHighlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.
by Daanish NarayanIn line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on
by Amal AnzariIndia's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,
by Amal AnzariReserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation
by Amal AnzariHighlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.
by Daanish NarayanThe United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with
by Amal AnzariSweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open
by Amal AnzariVoting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the
by Amal AnzariHighlights include conflicting views on the repo rate cut, the Reliance-Disney merger, ISRO's proposal to Mexico and views from columnists on the violence in Manipur.
In line with Prime Minister Narendra Modi's vision to expand national connectivity, Civil Aviation Minister Kinjarapu Rammohan Naidu announced plans to introduce seaplanes to reach remote areas across India, including the North East. During an aviation conference at Meghalaya’s Umiam Lake, Naidu took a test ride on
India's goods exports rose by 17.25% to $39.2 billion in October, marking the highest monthly tally in recent times, while imports reached $66.34 billion, a 3.9% increase from last year. From April to October, non-petroleum exports set a new high at $211.3 billion,
Reserve Bank of India (RBI) Governor Shaktikanta Das shared an optimistic view on India's economic resilience, despite global challenges like inflation and geopolitical tensions. Das highlighted the RBI’s measures, including a robust regulatory framework and responsive policy shifts, to address emerging risks. He pointed to improved inflation
Highlights include the inauguration of projects by the PM, India's push for nuclear power, the rise in renewable energy capacity and views from columnists on the Maharashtra state elections.
The United States remains the top importer of Indian engineering goods, purchasing $9.3 billion (up 6.2%) from April to September, according to data from the Engineering Export Promotion Council (EEPC). The United Arab Emirates (UAE), benefitting from a Free Trade Agreement with India, secured the second spot with
Sweden’s Ambassador to India, Jan Thesleff, announced that four Swedish companies, including IKEA, are considering establishing bases in Tamil Nadu. Currently, 70 Swedish firms operate in the State, employing around 25,000 people. Other Swedish companies, such as Scandinavian Robot Systems in Chennai and Jacobi in Coimbatore, will open
Voting concluded for 31 Assembly seats across 10 states, with significant voter turnout. Kerala’s Wayanad Lok Sabha bypoll, featuring Priyanka Gandhi Vadra’s debut, recorded 64.27% turnout, lower than the previous 72.92%. Rajasthan's seven Assembly constituencies saw a turnout of 64.82%. Karnataka recorded the