New Delhi, Feb 23 (IANS) Finance Minister Nirmala Sitharaman on Monday launched the second phase of the asset monetisation pipeline of Central ministries and public sector entities – the ‘National Monetisation Pipeline 2.0 (NMP 2.0)’ with an estimated monetisation potential of Rs 16.72 lakh crore in the next five financial years.The second phase of the pipeline has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation Pl…
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New Delhi, Feb 17 (IANS) Artificial intelligence is set to redefine what work means across almost every role, especially for knowledge workers, and the shift is happening much faster than the industrial age, Mihir Shukla, Co-Founder, CEO and Chairman of US-based Automation Anywhere said on Tuesday.In an interview with IANS, Shukla said AI will reshape what work means across nearly every function, particularly for knowledge workers.“Unlike the industrial age that evolved over decades, the AI tr…
Suva, Feb 13 (IANS) India’s High Commissioner to Fiji Suneet Mehta held a meeting with Fiji’s Ministry of Foreign Affairs and External Trade Sakiasi Ditoka, discussing new avenues to further strengthen bilateral cooperation across priority sectors of mutual interest. “High Commissioner Suneet Mehta was honoured to call on the Minister for Fiji’s Ministry of Foreign Affairs and External Trade Honourable Sakiasi Ditoka. The meeting featured warm and constructive discussions reaffirming the endurin…
Washington, Feb 10 (IANS) A Republican lawmaker introduced legislation to end the H-1B visa program, arguing that it disadvantages American workers and prioritizes foreign labor over US citizens.US Representative Greg Steube announced the introduction of the Ending Exploitative Imported Labor Exemptions Act, known as the EXILE Act.The bill would amend the Immigration and Nationality Act by discontinuing the H-1B visa program, which allows US companies to hire foreign workers in specialty occupat…
New Delhi, Feb 4 (IANS) The seasonally adjusted HSBC India Services PMI touched a two-month high of 58.5 in the month of January, from December’s 58.0, noting quicker expansions in new business intakes and output, the S&P Global data showed on Wednesday.Service providers in India welcomed a recovery in growth during January. They were also more upbeat towards the outlook and hired additional staff. On the price front, there were quicker albeit still moderate increases in input costs and sell…
New Delhi, Feb 2 (IANS) Finance Minister Nirmala Sitharaman said on Monday that the customs duty changes announced in the Budget for 2026-27 are part of the Indian government’s ongoing economic reforms to rationalise tariffs and are not linked in any way to the policy decisions of the US.”We have changed customs duties, and we have been making customs duty changes in every Budget for a while now, and we have continued the same in this Budget as well,” she pointed out.The Finance Minister maintai…
New Delhi, Jan 27 (IANS) Prime Minister Narendra Modi on Tuesday extended birthday wishes to Meghalaya Chief Minister Conrad Sangma, saying that his efforts to fulfil the aspirations of the people of the state are noteworthy. Taking to the social media platform ‘X’, Prime Minister Modi said, “Birthday wishes to Meghalaya Chief Minister Shri Conrad Sangma Ji. His efforts to fulfil the aspirations of Meghayala’s people are noteworthy. I pray for his long life and good health.”Several other l…
Jammu, Jan 20 (IANS) J&K Chief Minister Omar Abdullah on Tuesday held pre-budget consultation with key departments ahead of the budget session of the legislative assembly. The Chief Minister reviewed departmental priorities, assessed public needs and stressed the importance of aligning proposals with the overall development goals of Jammu and Kashmir.He laid emphasis on people-centric initiatives, efficient service delivery and inclusive growth to ensure balanced development across all regio…
New Delhi, Jan 10 (IANS) India needs to further strengthen its renewable energy (RE) ecosystem and scale clean energy deployment, according to a senior government official.Santosh Sarangi, Secretary, Ministry of New and Renewable Energy, said that India’s renewable energy journey over the last decade has been nothing short of spectacular, marked by phenomenal leapfrogging in global rankings.“Our strategy has been defined by a single-minded national objective pursued across three clear vertic…
New Delhi, Jan 8 (IANS) Bangladesh is facing a major economic problem as rising debt repayments, much of them linked to Chinese loans, squeeze public finances and limit policy choices. Senior officials now openly acknowledge that the country has fallen into a debt trap like Sri Lanka and Pakistan, according to a report in the London-based ‘Asian Lite’ newspaper.Chairman of Bangladesh’s National Board of Revenue M Abdur Rahman Khan said at a seminar recently that the country “has already fall…