New Delhi, June 19 (IANS) The Ministry of Defence on Friday signed a contract with Bharat Forge Limited, Pune for the acquisition of 12 sets of 1.25 MW Marine Gas Turbine Generators, with minimum 60 per cent indigenous content, for the Indian Navy at a total cost of around Rs 425 crore.The contract was inked under Buy (Indian) category in the presence of Defence Secretary Rajesh Kumar Singh. The project reinforces the Government’s commitment to Aatmanirbhar Bharat and Make-in-India by creating…

New Delhi, June 18 (IANS) Cumulative energy storage system (ESS) installations in India’s commercial and industrial sector are projected to skyrocket over 30-fold from less than 1 GWh in 2025 to between 23 and 31 GWh by 2032, a statement said on Thursday.The industry body India Energy Storage Alliance (IESA) industry and Customized Energy Solutions (CES) in a report, attributes the rapid increase to rising electricity tariffs, demand for reliable high‑quality power, rapid adoption of renewab…

New Delhi, June 18 (IANS) Electronics manufacturing has surged forward to become the third-largest category among goods exported from India, according to Union Minister for Electronics and IT, Ashwini Vaishnaw.The minister lauded the vision of Prime Minister Narendra Modi in transforming electronics manufacturing into a premier pillar of the national economy.India’s electronics manufacturing industry has surged to an unprecedented value of Rs 13 lakh crore. From initially targeting a place in …

Paris/New Delhi, June 18 (IANS) India is a compelling case for the world, Union Commerce and Industry Minister Piyush Goyal said on Thursday — highlighting the country’s young population, affordable data, growing technological capabilities and vision for inclusive growth as key factors positioning it at the forefront of the global technology revolution.Speaking on India’s role in the age of artificial intelligence (AI) at Viva Tech 2026, Goyal said the country has several inherent strengths tha…

New Delhi, June 18 (IANS) Coempt Eduteck, the edtech company at the centre of CBSE’s On-Screen Marking (OSM) controversy, came out with a clarification on Thursday, stating that the scanners used by it were standard, industry-grade models utilised across the sector and also added that upgradations are done every year to ensure high-resolution scanning.It also stated that its records were open for examination and scrutiny by the government bodies. “The scanners used by Coempt are standard, in…

New Delhi, June 18 (IANS) Artificial intelligence (AI) upskilling is delivering significant career gains in India, with professionals reporting an average salary increase of nearly 150 per cent, while nearly half of AI-enabled career outcomes now lie outside traditional engineering roles, according to a report released on Thursday.The report by Scaler highlighted how AI is evolving from a specialised technical skill into a workforce-wide capability across industries.AI upskilling is driving sala…

New Delhi, June 18 (IANS) India’s peak power demand witnessed a significant decrease, falling to 241 gigawatts (GW), down from 270.8 GW in May and below the 259 GW peak, as per data from the Grid Controller of India.The power demand eased following seasonal rains that have dropped temperatures across parts of the country and curbed heavy use of air conditioners and other cooling appliances.During solar hours on June 16, peak demand stood at 249.7 GW and at 247.5 GW during non‑solar hours, as…

New Delhi, June 18 (IANS) The government on Thursday said it has earmarked Rs 18,907 crore for the construction of 26,474 kilometres of rural roads during FY27 under the Pradhan Mantri Gram Sadak Yojana (PMGSY) and related rural connectivity initiatives.This was conveyed during a high-level review meeting by the Ministry of Rural Development to assess the state-wise physical and financial progress under PMGSY and the Road Connectivity Project for Left Wing Extremism Affected Areas (RCPLWEA).In t…

New Delhi, June 18 (IANS) A decline in global crude oil prices does not automatically translate into an immediate reduction in petrol and diesel prices in India, Minister of State for Petroleum & Natural Gas and Tourism Suresh Gopi said on Thursday.Gopi told reporters that several factors influence domestic fuel pricing, including the time required for crude oil purchased at lower rates to reach India.He said the recent increase in fuel prices cannot be rolled back instantly merely because i…

New Delhi, June 18 (IANS) US-based tech giant Apple may raise prices across some of its products as surging memory and storage chip costs due to an increase in demand from artificial intelligence (AI) data centres continue to put pressure on the company’s margins, according to a report.Speaking to The Wall Street Journal, Apple CEO Tim Cook said the company can no longer fully absorb the sharp increase in component costs and may eventually pass some of the burden on to consumers.”Unfortunately, …