Surat, July 11 (IANS) Surat’s flood-affected traders, small businesses and industries will be able to access loans of up to Rs five lakh at a concessional interest rate of 9 per cent, while the Gujarat government is expected to announce a relief package after completing a rapid assessment of losses caused by the recent flooding, Deputy Chief Minister Harsh Sanghavi said on Saturday. The announcement came as The Varachha Co-operative Bank Ltd. launched its “Flood Loan” scheme and a new insurance …
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Washington, July 6 (IANS) Artificial intelligence’s biggest obstacle is no longer advanced computer chips but access to electricity, BlackRock Chairman and Chief Executive Larry Fink has said, warning that the United States must modernise its ageing power grid or risk slowing the next wave of technological innovation.Speaking in an interview with CNN’s Fareed Zakaria GPS, Fink said the rapid expansion of AI is creating unprecedented demand for computing power, exposing weaknesses in America’s el…
New Delhi, June 25 (IANS) US e-commerce giant Amazon on Thursday announced to invest a total of $48 billion to expand and support its businesses in India from 2026-2030, as its CEO Andy Jassy met Prime Minister Narendra Modi here.Jassy reiterated Amazon’s long-term commitment to India and announced plans to invest an additional $13 billion to expand AI and cloud infrastructure in the country by 2030.This takes Amazon’s total planned investment in expanding and supporting AI and cloud infrastruct…
New Delhi, June 23 (IANS) Commerce and Industry Minister Piyush Goyal said on Tuesday that the India-UK Comprehensive Economic and Trade Agreement (CETA) is a truly people-centric pact that will benefit Indian farmers, businesses, artisans, and people across the country.”By unlocking the premium UK market, it creates attractive global opportunities for women entrepreneurs, youth, startups and MSMEs, while empowering the underprivileged without compromising India’s core interests,” the minister s…
New Delhi, June 4 (IANS) India- Oman Comprehensive Economic Partnership Agreement (CEPA) carries strategic value beyond trade by offering mechanisms to mitigate risks tied to the Strait of Hormuz, a report has said.Oman’s unique geographic position, stretching from the Arabian Sea to areas adjacent to the Hormuz choke point, and its port and logistics infrastructure provide India with alternative maritime access points, the report from India Narrative said.”This also allows New Delhi to engage…
Jammu, June 1 (IANS) The Prime Minister Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi), which started six years ago on June 1, 2020, as a key Central government scheme to support street vendors in keeping their businesses afloat during the post-pandemic era, has slowly emerged as a key pivot in reshaping and reinventing the small-time businesses. The scheme, with a pan-India presence, also brought a sea change in the lives of small-time businessmen and vendors in Jammu and Kashmir.Shakeel Ahmad…
Guwahati, May 21 (IANS) Senior Congress leader and Dhubri MP Rakibul Hussain on Thursday said that the Congress party would soon decide on the appointment of the Leader of Opposition and other key posts in the Assam Legislative Assembly after consultations with party legislators and leaders of the All India Congress Committee (AICC). Speaking to reporters, Hussain said the Congress believes in collective leadership and democratic processes while selecting positions such as Leader of Opposition, …
New Delhi, May 11 (IANS) Gautam Adani, Chairman of the Adani Group, said on Monday that India’s path will not be America’s or China’s path because we are not building for an abstract future; we are building for a living, rising, demanding India. Addressing the ‘CII Annual Business Summit 2026’ here, Gautam Adani said India is building for households moving up, cities expanding outward, factories coming alive, vehicles turning electric, and millions of small businesses waiting to scale. “…
New Delhi, May 7 (IANS) Meta-backed WhatsApp on Thursday announced the launch of ‘Business AI’ in India, bringing AI-powered customer support directly to the WhatsApp Business app to help small and medium enterprises (SMEs) manage customer engagement round the clock.The feature is designed to enable eligible businesses to respond to customer queries 24/7, capture leads, book appointments and drive sales without requiring additional tools or platforms.It can also be customised using a busines…
New Delhi, April 27 (IANS) Calling it a transformative step for inclusive growth, Prime Minister Narendra Modi on Monday said the newly signed India-New Zealand Free Trade Agreement (FTA) will unlock wide-ranging opportunities across key segments of society, from farmers and small businesses to startups and students.In a post on social media platform X, PM Modi described the pact as a ‘landmark moment’ in bilateral ties, emphasising that it reflects the deep trust, shared values and growing …