New Delhi, Aug 9 — As the Government e-Marketplace (GeM) begins its 11th year, it now connects more than 1.37 lakh government buyer organisations with nearly 25 lakh sellers and service providers, facilitating cumulative procurement worth over Rs 20 lakh crore.According to an official factsheet,…
New Delhi, Aug 9 — Given the improving prospects in GDP growth and earnings growth in India, foreign portfolio investors (FPIs) are likely to continue their buying in India, according to analysts.The trend of FPIs turning buyers in India, which was pronounced in July, continued in August too, so…
Seoul, Aug 9 — South Koreans are consuming significantly less kimchi than in the past despite the surge in global popularity of the country's signature side dish, data showed on Sunday.According to a joint study by researchers from Chung-Ang University, Jeju National University, and the World…
New Delhi, Aug 8 — The Food Safety and Standards Authority of India (FSSAI) on Saturday said that it suspended the licences of VKC Nuts Private Ltd in Uttar Pradesh and Chheda Specialities Foods Pvt Ltd in Maharashtra with immediate effect after inspections revealed serious food safety and hygiene…
Ahmedabad, Aug 8 — Vande Bharatam -- the grassroots innovation and entrepreneurship initiative launched by Adani Group Chairman Gautam Adani -- has selected its inaugural cohort from more than 26,000 applications received from across the country, it was announced on Saturday.The initiative…
New Delhi, Aug 8 — Logistics services provider Delhivery on Saturday posted a 64.9 per cent decline in consolidated net profit to Rs 32 crore for the first quarter of FY27.The company had posted a net profit of Rs 91 crore in the corresponding quarter of the previous fiscal year.While revenue from…
Mumbai, Aug 8 — Union Cooperation Minister Amit Shah said on Saturday that the 'Umbrella Organisation' will play a crucial role in making the urban co-operative banking sector modern, transparent, trustworthy, and technology-driven. This initiative will significantly boost the expansion of urban…
Mumbai, Aug 8 — The government on Saturday launched E-Samudra -- a digital platform integrating maritime services for seafarers, shipping companies, ports and other stakeholders -- to step up efforts to modernise maritime governance and strengthen seafarer welfare.Inaugurating the platform, Union…
New Delhi, Aug 8 — The government on Saturday clarified that consumers will not be charged for making payments through the Unified Payments Interface (UPI), while any future merchant discount rate (MDR) will be limited to select transactions above a specified threshold.The Finance Ministry said…
New Delhi, Aug 8 — The government has approved the merger of two train services in Uttar Pradesh and introduced a new daily passenger train between Itarsi and Madan Mahal in Madhya Pradesh to strengthen regional connectivity, an official statement said on Saturday.According to the Ministry of…
New Delhi, Aug 8 — Aditya Birla Fashion and Retail Ltd on Saturday posted a consolidated net loss that widened 6.4 per cent year-on-year to Rs 248.73 crore in the quarter ended June 30 of FY27, from Rs 233.73 crore a year ago.The company's loss before tax also increased to Rs 320.26 crore in the…
New Delhi, Aug 8 — China’s infamous '996' work culture — 9 am to 9 pm, six days a week shifts — has now shifted to an even harsher reality as artificial intelligence tools rapidly replace programmers, a new report has said.The report from Sri Lanka-based Daily Mirror said layoffs in China's tech…
Mumbai, Aug 8 — Union Home Minister and Minister of Cooperation Amit Shah on Saturday said the Reserve Bank of India (RBI) has adopted a supportive approach towards urban cooperative banks (UCBs) in recent years and urged both sides to move beyond long-held perceptions of each other to strengthen…
New Delhi, Aug 8 — Bangladesh’s garment industry, which generates nearly 80 per cent of the country’s export earnings, has left its rivers heavily polluted, a new report has claimed, citing the World bank data.The report from Bangladesh-based The Daily Star said that over 7,000 factories in greater…
New Delhi, Aug 8 — The Shipping Corporation of India (SCI) has launched its largest-ever global shipbuilding tender for six container ships at an estimated cost of $720 million (around Rs 6,858 crore), according to a report.According to analysis by Marine Insight, the tender covers six cellular…
Seoul, Aug 8 — The number of heat-related illness cases reported in late summer nearly tripled in the past 10 years in South Korea, government data showed on Saturday.An annual average of 215 heat-related patients were reported from "ipchu" to the end of August during the 2011-2015 period,…
New Delhi, Aug 8 — BRICS health ministers’ recent declaration committed the bloc to deeper cooperation in health care, and pooled expertise for collectively working towards achieving universal health coverage (UHC), a new report has said."By pooling expertise, BRICS is laying the foundations for…
New Delhi, Aug 8 — India exported more than 7,000 metric tonnes of Makhana and value-added Makhana products to over 20 international destinations, including the US, the Middle East and Africa, in last fiscal (FY26), the government informed on Saturday.Bihar accounts for nearly 85 per cent of…
New Delhi, Aug 8 — The government on Saturday said it has signed strategic MoUs with key industry leaders and ecosystem enablers to support startups.The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, signed an MoU with Cashfree Payments India to…
New Delhi, Aug 8 — China’s refusal to cooperate makes it extraordinarily difficult for the US to determine conclusively whether the Covid virus was engineered in Wuhan, a new report has said, adding that determining whether American agencies funded or collaborated on research that crossed into…
New Delhi, Aug 8 — Crude oil prices are likely to remain volatile next week as markets track developments around the Strait of Hormuz, while the Indian rupee could gain further ground against the US dollar if geopolitical risks remain contained, commodity market experts said on Saturday.Brent crude…