India’s power generation capacity likely to jump to 870 GW in 2031-32: Minister

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New Delhi, Aug 7 (IANS) India’s installed electricity generation capacity is 485 GW as of June 2025, and the government plans to increase it to about 870 GW in 2031-32 to meet the growing demand for power in the country, the Parliament was informed on Thursday.There has been an increase in electricity demand in the country due to rapid economic growth, expanded household electrification, increasing urbanisation, rising living standards, and the growing use of energy-intensive technologies like…

Women’s leadership central to driving female development for Viksit Bharat: Annapurna Devi

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New Delhi, Aug 7 (IANS) Women’s leadership is central to driving female development for Viksit Bharat, said Union Minister for Women and Child Development Annapurna Devi on Thursday.She said this while inaugurating the second edition of UN Women’s flagship capacity-building programme — SheLeads II: Workshop for Women Leaders, in New Delhi.“Women’s leadership is not just a matter of representation, it is central to driving women-led development for a Viksit Bharat,” Devi said.“Initia…

India’s AI tech spending projected to reach $10.4 billion by 2028: Report

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New Delhi, Aug 7 (IANS) India’s AI technology spending is projected to grow at an annualised rate of 38 per cent from 2023 to reach $10.4 billion in 2028, a report said on Thursday.Around 40 per cent of organisations in India have already implemented agentic AI, and close to 50 per cent are planning to use the technology within the next 12 months, IDC InfoBrief and UiPath said in a joint report.In 2025, AI investments are focused on building the foundational infrastructure required to power tr…

New US tariffs no big problem for India which has huge domestic market: Mark Mobius

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New Delhi, Aug 7 (IANS) Billionaire investor Mark Mobius said on Thursday that upcoming 50 per cent tariffs on India, imposed by US President Donald Trump, will have less impact on the country as it has a massive domestic market to cushion itself, and does not fully depend on exports like China.Speaking to IANS, the global investor who runs the Mobius EM Opportunities Fund for emerging markets (EMs), said India is in a good position to navigate these tariffs than other nations.“India has a hug…

From food security focus must shift towards nutritional security: PM Modi

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New Delhi, Aug 7 (IANS) From the current food security, scientists must now shift focus towards building nutritional security, said Prime Minister Narendra Modi on Thursday.He was speaking at the MS Swaminathan Centenary International Conference at ICAR PUSA to celebrate the birth anniversary of Dr. M.S. Swaminathan, the pioneer of India’s Green Revolution.Drawing inspiration from Dr. M. S. Swaminathan, the Prime Minister stated that India’s scientists now have another opportunity to create …

US President Trump threatens 100 pc tariffs on semiconductors, chips

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New Delhi, Aug 7 (IANS) US President Donald Trump announced plans to impose a 100 per cent tariff on all imported semiconductors and chips in order to strengthen domestic production.“A 100 per cent tariff (will be imposed) on all chips and semiconductors coming into the US. But if you’ve made a commitment to build (in the US), or if you’re in the process of building (in the US), as many are, there is no tariff,” the President said during a meeting in the Oval Office with Apple CEO Tim Cook…

Cost of data breach reaches record level of Rs 22 crore in India: Report

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New Delhi, Aug 7 (IANS) The average organisational cost of a data breach in India reached a new high of Rs 220 million (Rs 20 crore) in 2025 — up 13 per cent (year-on-year), according to a report released on Thursday.The time to identify and contain a breach in India decreased to 263 days, a reduction of 15 days from 2024, as more organisations improved their speed to identify a breach, the report from US-based consulting company IBM said.In India, only 37 per cent of organisations reported hav…

FIIs withdraw $2.9 billion from Indian equities in July; IT sector leads outflows

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Mumbai, Aug 7 (IANS) Foreign institutional investors (FIIs) withdrew the highest amount of money from the IT sector in India during the month of July, worth $2.3 billion, said a report on Thursday.In July, FIIs were net sellers to the tune of $2.9 billion, while DIIs were net buyers to the tune of $7.1 billion in the Indian equity market, according to report from JM Financial Institutional Securities.FII outflows were highest in IT at $2.3 billion, followed by BSFI sector at $671 million. Realty…

Dr Swaminathan introduced idea of bio-happiness, climate-resilient crop varieties: PM Modi

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New Delhi, Aug 7 (IANS) Dr M.S. Swaminathan introduced the idea of bio-happiness, and climate-resilient crop varieties that are necessary to fight the increasing global climate change and its effects on food and agriculture, said Prime Minister Narendra Modi on Thursday.August 7 is the birth anniversary of Dr. M.S. Swaminathan, the world-renowned agricultural scientist who was the pioneer of India’s ‘Green Revolution’ in the 1960s.Addressing the M.S. Swaminathan Centenary International Confere…

South Korea to be treated as favoured nation for US chip tariffs: Minister

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Seoul, Aug 7 (IANS) South Korea will be treated as a most favoured nation (MFN) by the United States in terms of semiconductor exports under a bilateral tariff agreement, the trade minister said on Thursday, noting that Korean firms will not be subject to 100 per cent duties as announced by US President Donald Trump.”If the U.S. semiconductor tariff rate for MFNs is set at 15 percent, South Korea will also enjoy 15 percent tariffs regardless of the rate going up to 100 percent or 200 percent,” T…