Hyderabad, Aug 8 (IANS) Telangana IT and Industries Minister Duddilla Sridhar Babu said on Friday that the state government is making focused efforts to position the state as a global manufacturing hub. He claimed that Telangana continues to lead the country in manufacturing-led growth. In 2024–25, an industrial output of Rs 2.77 lakh crore, with manufacturing accounting for nearly 48 per cent is estimated by the Economic Survey. “Our merchandise exports have already crossed Rs 1 lakh crore in…

New Delhi, Aug 8 (IANS) The government has procured 3 lakh tonnes of onion this year for its price stabilisation buffer, and a calibrated release from the stocks is expected to start from September in order to keep prices under control, the Ministry of Consumer Affairs, Food & Public Distribution said on Friday.Pertinently, unlike previous years, prices of major vegetables like potato, onion and tomato are under control this monsoon season. In the case of potato and onion, higher production …

New Delhi, Aug 8 (IANS) National Association of Software and Service Companies (Nasscom) on Friday announced the launch of its inaugural edition of ‘Makers Honour’, India’s most prestigious recognition for engineers, developers and technologists who power the country’s $224 billion tech export industry in association with GitHub, a widely used web-based platform for developers. At a time when the nation celebrates founders, valuations, and IPOs, this initiative shines a spotlight on the unsung…

Beijing, Aug 8 (IANS) China’s Ministry of Foreign Affairs on Friday defended the country’s economic, trade and energy cooperation with nations around the world, including Russia, terming it “legitimate and legal.” Speaking to reporters during a regular media briefing, Chinese Foreign Ministry Spokesperson Guo Jiakun reaffirmed Beijing’s stand to take energy security measures based on national interests.When asked about US President Donald Trump’s statement that he might impose secondary tariffs …

New Delhi, Aug 8 (IANS) Power Minister Manohar Lal Khattar and Minister of State for Atomic Energy, Dr Jitendra Singh, on Friday jointly convened a high-level meeting to discuss the 100 GW Nuclear Energy Mission here.This meeting follows up on Prime Minister Narendra Modi’s ambitious target of expanding India’s clean energy basket and reaffirms the country’s commitment to achieving Net Zero emissions.During the meeting, a thorough review was conducted on the roadmap to increase India’s nuc…

New Delhi, Aug 8 (IANS) Software-Defined Vehicles (SDVs) are rapidly transforming the automotive industry by shifting intelligence from hardware to software, a report said on Friday. The study highlights how this evolution is enabling greater automation, personalisation, and innovation in vehicle design and performance, market intelligence firm 1Lattice said in its report.Unlike traditional vehicles built around fixed hardware systems, SDVs operate on modular, programmable platforms.This allows …

New Delhi, Aug 8 (IANS) Government-e-Marketplace (GeM) recorded transactions worth Rs 5.4 lakh crore in gross merchandise Value (GMV) in FY 2024–25, the Commerce Ministry said on Friday, on the occasion of GeM’s 9th Foundation Day.Over the past nine years, GeM has recorded notable achievements, onboarding 1.5 lakh women-led enterprises along with startups, self-help groups (SHGs), artisans and micro and small enterprises (MSEs).“Our focus remains on ensuring every enterprise, from tribal a…

New Delhi, Aug 8 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Friday approved the targeted subsidy of Rs 300 per 14.2 kg cylinder for up to 9 refills per year (and proportionately pro-rated for 5 kg cylinder) to the beneficiaries of the Pradhan Mantri Ujjwala Yojana (PMUY) during FY 2025-26 with an expenditure of Rs 12,000 crore.The Pradhan Mantri Ujjwala Yojana (PMUY) was launched in May 2016 with the objective to provide deposit-free LPG connections to adult women fr…

Seoul, Aug 8 (IANS) The South Korean government on Friday delayed its decision on Google’s request to export high-precision map data overseas, the transport ministry said, amid pressure from Washington to resolve the issue, calling it a non-tariff barrier.In February, the U.S. tech giant submitted an application to the state-run National Geographic Information Institute under the ministry, seeking approval for the transfer of 1:5,000-scale high-precision map data to its data centres abroad, repo…

Mumbai, Aug 8 (IANS) The Indian stock market ended lower on Friday amid heavy selling across the sectors and persistent FIIs outflow due to US tariff jitters.Sensex closed at 79,857.79, down 765.47 or 0.95 per cent. The 30-share index opened in negative territory at 80,478.01 against last session’s closing of 80,623.26 following selling pressure due to US tariff concerns. The index touched an intraday low at 79,775, falling about a per cent to a three-month low, amid overall selling.Nifty ended …