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India’s electricity grid is among world’s largest: Economic Survey
Business

India’s electricity grid is among world’s largest: Economic Survey

New Delhi, July 22: India’s power transmission system is emerging as one of the largest unified electricity grids in the world with the inter regional capability of transferring 1,18,740 megawatts (MW) on one frequency, according to the Economic Survey 2023-24 tabled in the Parliament on...
2.63 crore houses built for rural poor in last 9 years: Economic Survey
Business

2.63 crore houses built for rural poor in last 9 years: Economic Survey

New Delhi, July 22: As many as 2.63 crore houses have been constructed for the poor in the last nine years under the Pradhan Mantri Gramin Awas Yojana, according to the Economic Survey released on Monday.“The quality of life in the rural areas has progressed in terms of basic amenities, education,...
Stock markets see volatility as Biden drops out of US presidential race
Business

Stock markets see volatility as Biden drops out of US presidential race

New Delhi, July 22: With US President Joe Biden dropping out of the 2024 race for the White House, stock markets worldwide, including in Asia, may see a volatile period ahead, experts said on Monday. The news has injected uncertainty into the outlook for markets at an increasingly critical...
Elon Musk, Vinod Khosla trade barbs as Biden quits presidential race
Business

Elon Musk, Vinod Khosla trade barbs as Biden quits presidential race

San Francisco, July 22: Elon Musk and ace venture capitalist Vinod Khosla on Monday got engaged in a public spat on X social media platform after US President Joe Biden dropped out of the US Presidential race. Khosla, an Indian-American investor, came out against former US President Donald Trump,...
Union Budget: India to give further push to green energy
Business

Union Budget: India to give further push to green energy

New Delhi, July 22: The Union Budget 2024-2025 will give a further push to prioritise environmental, social, and governance (ESG) and sustainability initiatives to drive long-term economic growth and environmental resilience, experts said on Monday. Last month, the World Economic Forum (WEF) hailed...
Economic Survey 2023-24: Economy continues to expand, inflation largely under control
Business

Economic Survey 2023-24: Economy continues to expand, inflation largely under...

New Delhi, July 22: The Centre on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha. The survey presented by Finance Minister Nirmala Sitharaman and prepared by the Economic Division under the Ministry of Finance provides a detailed analysis of the economic performance for the fiscal year...
South Korea
Business

South Korea's First Lady quizzed over luxury bag scandal, stock manipulation

Seoul, July 21: Prosecutors said on Sunday they have questioned first lady Kim Keon Hee over allegations that she received a Christian Dior handbag and other expensive gifts from a pastor, as well as her alleged involvement in a stock manipulation case. Kim has become the first wife of an incumbent...
US issues warning on Microsoft outage, Nadella says working to bring systems back online
Business

US issues warning on Microsoft outage, Nadella says working to bring systems...

San Francisco, July 20: US cybersecurity agency CISA has warned that hackers are trying to take advantage of Microsoft outage for phishing and other malicious activity, as the tech giant’s Chairman and CEO Satya Nadella said they are working hard to safely bring systems back online globally.The US...
India’s goods exports to top countries record double digit surge
Business

India’s goods exports to top countries record double digit surge

New Delhi, July 20: India’s exports to the lucrative Western markets have recorded a strong double digit growth in the April-June quarter of the current financial year reflecting the competitive strength of the economy.The latest data compiled by the Commerce and Industry Ministry show that India’s...
Jio becomes largest operator globally in terms of data traffic
Business

Jio becomes largest operator globally in terms of data traffic

Mumbai, July 18: Jio has become the largest operator globally in terms of data traffic. Jio is the largest 5G operator outside China with 130 million subscribers accounting for over 31 per cent of Jio’s wireless data traffic.Jio's total subscriber base has reached 490 million, including 130 million...
Indian economy ripe for robust growth, entering
Business

Indian economy ripe for robust growth, entering 'Goldilocks period'

New Delhi, July 20: As the stock markets reach record high amid a surge in new investments and GDP forecast to grow at 7 per cent for FY25, the Indian economy is entering a ‘Goldilocks period’ amid ideal conditions for growth and profitability, according to an ace global expert.According to Kenneth...
World Bank pledges $100 million to digitise Zambia
Business

World Bank pledges $100 million to digitise Zambia

Lusaka, July 20: The World Bank pledged $100 million to help Zambia speed up its digital infrastructure and increase access to the internet.Managing Director and World Bank Group Chief Administrative Officer Zhang Wencai said the support will come through the Digital Zambia Acceleration Project to...
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