Tag Archives: india

Union Railways Minister Ashwini Vaishnaw on Saturday inspected the Hyperloop test track at the Indian Institute of Technology (IIT) Madras in Chennai, where he explained how the futuristic transport system would function. The project, which aims to revolutionize travel with high-speed pods, has already seen 410 meters of track laid as part of its development.

Australia has unveiled a comprehensive roadmap to deepen its economic engagement with India, with a focus on agribusiness, clean energy, and education to enhance trade, create jobs, and secure supply chains.

The United States Agency for International Development (USAID) funded seven projects in India with a total budget of approximately $750 million in the financial year 2023-24, according to the latest annual report of the Finance Ministry.

Tech millionaire and anti-ageing researcher Bryan Johnson made headlines after walking out of a podcast recording with Zerodha co-founder Nikhil Kamath midway, citing poor air quality as the reason for his departure. The 47-year-old billionaire, known for his efforts in reversing the ageing process, was recording an episode for Kamath's podcast "WTF" at a five-star hotel equipped with an air purifier.

Reliance Retail has launched an app to sell Shein's fashion products in India, almost five years after the Chinese fashion retailer’s official app was banned in the country. This move comes after the Indian government disclosed last year that Reliance had entered into an agreement with Shein to sell its products under a licensing deal.

Foxconn, one of Apple’s key manufacturing partners, has paused new rotations of Chinese workers to its iPhone factories in India, opting instead to send in Taiwanese workers, according to a report from Rest of World. This disruption, coupled with delays in critical shipments of manufacturing equipment, is expected to significantly impact Foxconn’s operations in India and potentially complicate Apple’s plans to diversify its iPhone production away from China.

ndia's defence exports have skyrocketed in the past decade, with the country achieving a record Rs 21,000 crore in exports, marking a ten-fold increase from Rs 2,000 crore in 2013. Defence Minister Rajnath Singh announced the milestone during his address at the Army War College in Mhow Cantonment, Madhya Pradesh, where he outlined the ambitious target of raising annual defence exports to Rs 50,000 crore by 2029.

Lucknow, Dec 25 — On the 100th birth anniversary of former Prime Minister Atal Bihari Vajpayee, Defence Minister Rajnath Singh and Uttar Pradesh Chief Minister Yogi Adityanath unveiled a statue of the late leader at Kudiya Ghat along the banks of the Gomti River in Lucknow. The unveiling ceremony was part of a series of events organized across Uttar Pradesh to commemorate Vajpayee's contributions to the nation. The state government also observed the day as "Good Governance Day."

Tata Consumer Products has strongly refuted a recent report claiming that Starbucks is planning to exit the Indian market due to high costs, losses, and growing competition from local coffee chains. The report, published on December 19 by Rajasthan-based media outlet The Philox, suggested that Starbucks could soon shut down operations in India, citing price-sensitive Indian consumers’ preference for cheaper local substitutes and the coffee chain’s struggle to turn significant profits in the country.

India is set to launch a new scheme offering up to $5 billion in incentives to companies that manufacture key electronic components locally. This initiative, aimed at reducing the country's reliance on China for electronics supplies, comes as India’s electronics production has more than doubled over the past six years, reaching an impressive $115 billion in 2024. The scheme is expected to be unveiled in the next two to three months.