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Economy
Samsung SDI, Stellantis to set up $2.5 bn battery plant in US
Seoul: South Korean battery maker Samsung SDI said on Wednesday it is investing $1.29 billion in an electric vehicle battery plant to be built in the Indiana state in the US under a joint venture with Stellantis NV.
Samsung SDI will own!-->…
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Tender process for construction of Haryana Orbital Rail Corridor Tunnel to be completed by Dec
New Delhi: The tender process for the construction of Haryana Orbital Rail Corridor Tunnel (HORC Tunnel) will be completed by the month of December during the current financial year. Tenders will be invited during the month of July.!-->…
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TN to replace digital power meters with smart meters
Chennai: The Tamil Nadu Generation and Power Distribution Company (Tangedco) is in the process of replacing digital power meters with smart meters.
This is to help the consumers get information on consumption, tariff, bill due date, and!-->…
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Centre puts limit on sugar exports
New Delhi: The Centre has placed a cap on the export of sugar under the "restricted" category which will be effective from June 1.
The latest move comes days after banning the export of wheat in order to control rising inflation and to!-->…
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Zoho invests in Indian startup Genrobotics that makes robotic scavengers
Bengaluru: Tech company Zoho Corporation said on Wednesday that it has invested Rs 20 crore in Genrobotics, an Indian startup building robotics and AI-powered solutions for social issues such as hazardous working conditions.!-->…
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Ease of Doing Business for MSME stands at 67, service sector faces more problems
New Delhi : The overall Micro, Small and Medium Enterprises' Ease of Doing Business (MSME EODB) stands at 64 points out of 100, of which EODB for manufacturing sector MSMEs was higher compared to the service sector, a study released on!-->…
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Centre allows duty-free imports of 20 lakh tonne crude soy, sunflower oil each
New Delhi : The Centre has allowed import of a quantity of 20 lakh tonne, each of crude soyabean oil and crude sunflower oil per year, for a period of two years at zero customs duty and Agricultural Infrastructure and Development Cess, an!-->…
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Malaysia cuts export of chickens as global rise in food export curbs sparks concerns
Kuala Lumpur : Malaysia says it will cut the export of chickens from the start of June because of shortages in the country, BBC reported.
Elsewhere in Asia, India has banned wheat exports, while Indonesia has blocked overseas sales of!-->…
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India-UAE Start-up Corridor to enhance start-up ecosystem between two nations
Dubai : FICCI LEAD, a technology and business incubator of the Federation of Indian Chambers of Commerce & Industry (FICCI), and the Dubai International Financial Centre (DIFC) recently inked a landmark MoU to launch the 'India-UAE!-->…
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DGCA warns airlines against offering unserviceable seats
New Delhi : Civil aviation regulator, the Directorate General of Civil Aviation (DGCA) on Tuesday warned airlines against offering unserviceable seats to passengers on their domestic and international flights.
"This is to inform that it!-->…
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