Thiruvananthapuram, July 9 (IANS) Artificial Intelligence (AI) must become an integral part of India’s education system and find applications across sectors beyond information technology if the country is to emerge as a global leader in the field, NASSCOM President Rajesh Nambiar said here on Thursday.Highlighting NASSCOM’s role in shaping India’s AI ecosystem, Nambiar said the industry body is working closely with the University Grants Commission (UGC) and other national education agencies to…
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Guwahati, July 9 (IANS) Assam Chief Minister Himanta Biswa Sarma on Thursday said the state has witnessed a sharp increase in the number of registered Micro, Small and Medium Enterprises (MSMEs), asserting that the sector has emerged as a major driver of employment generation and economic growth. In a post on social media platform X, Sarma said Assam currently has 17.29 lakh registered MSMEs operating across various sectors and stressed that the government aims to further expand the ecosystem.”T…
New Delhi, July 9 (IANS) The government has rolled out more customs duty relief to lower the cost of importing a wide range of components and capital goods used to produce electronic goods such as smartphones and lithium-ion battery manufacturing, in order to promote domestic production of finished products.The Central Board of Indirect Taxes and Customs (CBIC) has issued three separate notifications to roll out the customs duty waiver and expand the list of goods eligible for concessional duty….
Melbourne, July 9 (IANS) Australian Prime Minister Anthony Albanese on Thursday said that they will keep working with business leaders and universities to grow Australia’s economic ties with India.After meeting Prime Minister Narendra Modi here, Albanese said that together, “we’re growing our economies and backing Australian and Indian businesses”. “The bond between our people has driven so many of our business success stories. And we’ll keep working with business leaders and universit…
Melbourne, July 9 (IANS) Prime Minister Narendra Modi on Thursday invited Australian businesses to partner in India’s growth story across sectors including manufacturing, clean energy, AI, digital economy, etc.This came as PM Modi and his Australian counterpart, Anthony Albanese, participated in the India-Australia CEO Forum in Melbourne. Albanese welcomed PM Modi, and both leaders posed for a photograph. Both leaders also addressed the leading business leaders from India and Australia.Taking to…
Ankara, July 8 (IANS) President Donald Trump on Wednesday said his tariff policies had triggered an unprecedented wave of manufacturing investment in the United States, arguing that companies across sectors ranging from automobiles to pharmaceuticals and semiconductors were shifting production to America to avoid higher import duties. Speaking at a news conference after the NATO summit in Ankara, Trump said the United States was experiencing the largest industrial expansion in its history, with …
New Delhi, July 8 (IANS) Public sector giant Steel Authority of India Limited (SAIL) has signed a Memorandum of Understanding (MoU) with Indonesia’s PT Krakatau Steel (Persero) Tbk to explore the possibility of setting up a joint venture for manufacturing stainless steel slabs in Indonesia during the high-level engagements between the Indian and Indonesian governments, as part of Prime Minister Narendra Modi’s visit to Jakarta, a SAIL statement said on Wednesday.The proposed collaboration brings…
New Delhi, July 6 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said India’s new free trade agreements (FTAs) are creating fresh opportunities for manufacturing and innovation, opening doors for the country’s youth to compete globally. He urged students to equip themselves with practical skills and embrace technology-driven learning to make the most of the emerging opportunities.Virtually addressing the inauguration of the online bilingual Bachelor of Business Administration…
New Delhi, July 6 (IANS) India’s dealmaking landscape witnessed a sharp rise in transaction values during the second quarter of 2026, with the combined value of mergers and acquisitions (M&A) and private equity (PE) deals surging 127 per cent quarter-on-quarter to $36.3 billion, according to a report.According to a report by Grant Thornton Bharat, M&A activity emerged as the key driver of dealmaking during the quarter, with 240 transactions worth $27.9 billion.While M&A deal volumes …
Washington, July 4 (IANS) US President Donald Trump declared on Friday (local time) that the United States was entering a new “golden age”, pointing to what he described as record investment, a manufacturing revival and renewed global confidence in the American economy.Speaking at Mount Rushmore on the eve of the country’s 250th Independence Day, Trump used his address to argue that the United States had reversed years of decline and was experiencing unprecedented economic momentum.”Our country …