New Delhi, Sep 18 (IANS) Billionaire investor Mark Mobius on Thursday extended his wishes to Prime Minister Narendra Modi for his 75th birthday, saying he has been a tremendous boon for the Indian economy.PM Modi’s birthday was celebrated on Wednesday, with much fervour across the country.Mobius credited PM Modi for driving high economic growth as well as enabling the digitalisation of the economy.”It gives me great pleasure to congratulate Prime Minister Narendra Modi on his 75th birthday. He h…

New Delhi, Sep 18 (IANS) The long-anticipated rate cut by the US Federal Reserve clearly paves the way for the Reserve Bank of India (RBI) to move to cut rates further to spur growth in the economy, analysts said on Thursday.Announcing the cut that brings the benchmark interest rate to the 4 per cent to 4.25 per cent range, the Fed indicated that two more cuts could be on the way this year.Vishal Goenka, Co-Founder of IndiaBonds.com, said that addressing the steep curve by interest rate cuts and…

Mumbai, Sep 18 (IANS) The Indian benchmark indices opened higher on Thursday, on the back of positive global cues as the US Federal Reserve eased rates by 25 bps.As of 9.24 am, the Sensex was up 347 points or 0.42 per cent at 83,041, and the Nifty was up 89 points or 0.35 per cent at 25,419.The Federal Reserve resumed interest rates cut cycle by reducing rates by 25 basis points to a target range of 4.0-4.25 per cent, citing shifting risk dynamics in the economy. Fed officials projected two addi…

New Delhi, Sep 18 (IANS) The number of air travellers stood at around 11 crore in 2014 — a figure that has now surged to about 25 crore in 2025, Civil Aviation Minister Ram Mohan Naidu has said.Giving the example of Hindon Airport, he shared that the airport which had just one flight in 2020 is now connected to 16 cities nationwide, marking a significant milestone.Launching pan-India ‘Yatri Sewa Diwas 2025’ from Hindon Airport, Naidu said this initiative underscores the government’s conti…

New Delhi/Seoul, Sep 18 (IANS) Samsung has said it aims to bring the Galaxy AI experience to over 400 million devices worldwide by the end of this year.Samsung launched the world’s first AI phone – the Galaxy S24 series – in 2024, paving the way for AI innovation. From that point on, Samsung has expanded its mobile AI ecosystem by advancing multimodal intelligence and integrating AI across wearables, tablets, PCs and beyond.According to the company, Galaxy devices are seeing unprecedented dema…

Hyderabad, Sep 17 (IANS) Telangana’s new education policy will be a blend of language, basic knowledge, and skills to enable students to compete with the world, Chief Minister A. Revanth Reddy said on Wednesday.At a review meeting, the Chief Minister said that the new policy is being designed to suit the ground reality, studies, and future needs. He said the policy should be a beacon of the country’s education in future. He observed that the current education system lacks important elements …

Visakhapatnam, Sep 17 (IANS) Finance Minister Nirmala Sitharaman said on Wednesday that India today hosts nearly half of the world’s Global Capability Centres (GCC), which are now at the forefront of innovation, R&D, and leadership creation.Addressing the Special Ministerial Plenary and Report Back at the CII GCC Business Summit here, the Finance Minister said: “GCCs will consolidate India’s leadership in innovation and job creation and with the right policies, infrastructure, and skilling…

New Delhi, Sep 17 (IANS) A major fraud of around Rs 40 crore has raised serious concerns about the safety of fintech platforms after Gurugram Police arrested six people for exploiting a technical glitch in the MobiKwik app.The incident has triggered calls for a deeper investigation into why such glitches are frequently occurring, putting millions of users at risk.According to police, the glitch in the MobiKwik app allowed transactions to be recorded as successful even when users had insufficient…

Visakhapatnam, Sep 17 (IANS) Global Capability Centres (GCCs) have a far-reaching impact on economic growth, competitiveness and human capital development and India’s GCC story is a transformational journey, Union Finance Minister Nirmala Sitharaman said on Wednesday.Addressing the GCC Summit of the Confederation of Indian Industry (CII) here, Sitharaman noted that GCCs are innovation hubs, driving R&D, generating intellectual property and patents and enabling sustainable growth for global…

New Delhi, Sep 17 (IANS) The government has notified the National Policy on Geothermal Energy (2025), reinforcing its commitment towards achieving the ambitious 2070 Net Zero Goal and strengthening the country’s energy security through diversified renewable energy sources.India, with its untapped geothermal resources, is poised to leverage this clean and reliable energy source for power generation and direct-use applications such as district heating, agriculture, aquaculture, and space cooling…