New Delhi, May 29 (IANS) There is a need for a multi-pronged approach to bridge the technology divide through greater digital inclusion, stronger innovation capabilities, and improved technology readiness of MSMEs to support their integration into regional and global value chains, an official statement said on Friday.This was conveyed at the second ‘SME Working Group Meeting’ by the Ministry of MSME under the ‘BRICS Partnership on the New Industrial Revolution (PartNIR)’ here.The meeting s…

New Delhi, May 29 (IANS) Tesla on Friday announced the launch of the Model Y Premium Rear-Wheel Drive in India, expanding its electric vehicle portfolio in the country with a new premium variant of the segment.The new model has a starting price of Rs 50.89 lakh, and deliveries will commence in India from July 2026, according to the company.The newly launched variant introduces a range of hardware and design upgrades aimed at improving performance, comfort and interior experience. It boasts an al…

Mumbai, May 29 (IANS) Stressing the strategic importance of semiconductor manufacturing and related technologies, Padma Shri awardee Prof. Juzer Vasi said on Friday that semiconductors play a critical role not only in chip production but also across consumer electronics, defence systems, space technology and several other sectors vital to India’s growth and self-reliance.Speaking to IANS after being honoured with the Padma Shri in the field of Science and Engineering, Prof. Vasi said he was de…

New Delhi, May 29 (IANS) India’s securitisation market remained resilient in FY26 despite a modest slowdown in retail transactions, a report said on Friday, pointing to strong credit performance and regulatory tailwinds.The report from CareEdge Ratings said retail securitisation volumes moderated by approximately 6 per cent in FY26 to Rs 2.53 lakh crore, but maintained a constructive outlook on the sector as the underlying macroeconomic environment remains supportive.The report noted key struc…

New Delhi, May 28 (IANS) India and South Korea have decided to create dedicated sub-groups to deepen discussions on digital trade, supply chain cooperation and strategic industrial collaboration as part of efforts to upgrade the India-Korea Comprehensive Economic Partnership Agreement (IK CEPA), it was announced on Thursday.The talks were conducted pursuant to the Joint Declaration signed on April 20 by Union Commerce and Industry Minister Piyush Goyal and Korean Trade Minister Yeo Han-koo durin…

Seoul, May 28 (IANS) The head of South Korea’s platform giant Kakao apologised on Thursday for failing to ease concerns over ongoing wage talks.Chung Shin-a, CEO of the operator of the popular messenger service, made the remarks, a day after the labour union and the management failed to reach an agreement in their second round of mediation on wage negotiations.”I sincerely apologise for the failure to swiftly resolve various concerns and uncertainties,” Chung said in an internal notice earlier i…

New Delhi, May 28 (IANS) An Akasa Air flight from Bengaluru to Bhubaneswar made an emergency landing at Lucknow International Airport after being diverted due to adverse weather conditions at its destination.Flight QP 1503, operated by a Boeing 737 MAX 8 aircraft, was carrying 194 passengers and crew members when it encountered unfavourable weather conditions over Bhubaneswar, making landing unsafe. As a result, the flight was diverted to Lucknow.However earlier reports claimed that the aircraft…

Gandhinagar, May 27 (IANS) The Indian Institute of Teacher Education (IITE) in Gandhinagar on Wednesday announced a major academic expansion under the National Education Policy (NEP)-2020 by establishing seven new university schools and introducing a multidisciplinary academic structure that will allow students to study subjects beyond their traditional streams, including artificial intelligence and philosophy. The institution, established in 2010, said the restructuring marked a significant ste…

Mumbai, May 27 (IANS) The Directorate of Enforcement’s (ED) Mumbai Zonal Office conducted searches at 17 locations across Maharashtra, Rajasthan, Delhi, Gujarat, Daman and Uttar Pradesh on Tuesday, under the Prevention of Money Laundering Act (PMLA), in connection with an ongoing probe into the Cyprus-based illegal online betting platform Parimatch.During the raids, the agency seized movable assets worth around Rs 1.56 crore, including cash amounting to nearly Rs 1.2 crore. The ED also froze app…

New Delhi, May 27 (IANS) In a major step towards green and sustainable transportation, Indian Railways has approved the introduction of a 10-car Hydrogen Fuel Cell-based trainset on the dedicated Jind-Sonipat section of Northern Railway, according to a statement issued by the Railway Ministry on Wednesday.The train is set to start soon and will operate at a maximum speed of 75 kmph, powered by a 1,200 KW hydrogen fuel cell propulsion systemWith this initiative, India joins a select group of coun…