New Delhi, July 5 (IANS) Falling global crude oil prices are giving the Reserve Bank of India (RBI) and several other Asian central banks greater flexibility to focus on supporting economic growth, as lower energy costs ease inflationary pressures and improve external balances, according to Standard Chartered’s Weekly Market View report.The bank said the decline in oil prices is providing “disinflationary relief” across much of Asia, reducing the urgency for policymakers to keep interest rates e…
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New Delhi, July 5 (IANS) The Ethanol Blended Petrol (EBP) Programme has emerged as a key pillar of India’s energy transition and biofuel strategy, which has saved the country’s foreign exchange by reducing crude oil imports, lowered greenhouse gas emissions, and strengthened farmers’ incomes through new market opportunities, according to a government factsheet issued on Sunday.From 2014-15 up to May 2026, the ethanol blending programme has resulted in a saving of over Rs 1.90 lakh crore in forei…
Ahmedabad, July 3 (IANS) India’s semiconductor manufacturing push is set to take another step forward with the launch of commercial chip production at CG Semi’s Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, on July 4.The project, approved by the Union Cabinet in February 2024 under the India Semiconductor Mission, has been developed by CG Semi Pvt. Ltd., a subsidiary of CG Power and Industrial Solutions Limited, with an investment of Rs 7,500 crore.The facility h…
New Delhi, July 3 (IANS) As India expands its Ethanol Blended Petrol (EBP) Programme, a series of claims surrounding E20 fuel have gained traction on social media, raising concerns over water consumption, food security, vehicle performance, engine compatibility and environmental impact.However, a review of scientific studies, technical assessments and official clarifications, showed that many of these claims are either misleading or factually incorrect.One of the most widely circulated assertion…
Bangkok, July 1 (IANS) Indian Naval Ships INS Udaygiri, INS Shakti and INS Kavaratti of the Eastern Fleet undertook a Passage Exercise (PASSEX) with Royal Thai Navy’s HTMS Chao Phraya, reaffirming the shared commitment to maritime security and regional stability. The exercise was conducted after ships of the Indian Navy’s Eastern Fleet concluded their visit to Thailand’s Sattahip.”Indian Naval Ships INS Udaygiri, INS Shakti and INS Kavaratti of the Eastern Fleet undertook PASSEX with HTMS Chao P…
Chennai, July 1 (IANS) Actor Sundeep Kishan, who plays the lead in director Jason Sanjay’s eagerly-awaited Tamil film ‘Sigma’, has now announced that dubbing for the film has been wrapped. Taking to his social media timelines, Sundeep Kishan wrote, “And Dubbing Wrapped for #Sigma .. July 31st release …”The film unit had wrapped up the film’s shooting in December last year. Lyca Productions, the firm producing the film, had taken to its social media timelines then to announce the wrapping up of…
New Delhi, July 1 (IANS) The Cyber Police Station in Delhi’s South District has busted an organised ‘digital arrest’ cyber fraud syndicate and arrested three alleged members from West Bengal in connection with a Rs 7.22 lakh online fraud case, officials said on Wednesday. The accused have been identified as Samiran Roy of South 24 Parganas, Prince Shaw of Howrah, and Samar Chatterjee of Howrah. According to the police, none of the three has any previous criminal record.The arrests were made duri…
Bangkok, June 30 (IANS) Indian Naval Ships INS Udaygiri, Kavaratti, and Shakti of the Eastern Fleet, under the Command of Rear Admiral Alok Ananda, Flag Officer Commanding Eastern Fleet, departed Sattahip, Thailand, the Ministry of Defence said on Tuesday. The ships departed Sattahip on June 29, upon completion of their port call, for further deployment in the South East Asia Region, stated the Ministry.The visit formed part of India’s continued engagement with South East Asian nations and furth…
Ahmedabad, June 30 (IANS) Customs officers at the Foreign Post Office (FPO) in Ahmedabad have seized a parcel originating from Thailand after discovering 467.5 grams of suspected ganja concealed inside and declared as “wooden blocks”, officials said on Tuesday. The seizure was made during the routine examination of imported parcels at the FPO.According to Customs, officers intercepted a suspicious carton arriving from Thailand that had been declared as “wooden blocks”.On opening the package, the…
Bangkok, June 30 (IANS) India’s Ambassador to Thailand, Puneet Agrawal, met Deputy Executive Secretary for Partnerships and Coordination at the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), Shombi Sharp on Tuesday, discussing enhancing collaboration between the two sides, including by leveraging mutual expertise in sectors like trade, digital public infrastructure, renewable energy, and disaster risk reduction. In a post on X, the Indian Embassy in Thailand st…