MUMBAI - Innovation is the "buzz-word" of the 21st century and any society which does not innovate will stagnate, Prime Minister Narendra Modi said here on Saturday. He said innovations, along with enterprise, shall be the foundation for making India a developed economy and pave the way for a long-term sustainable, technology-led economic growth of the country. Modi was addressing the 56th annual convocation of the Indian...
NEW DELHI - The Union Cabinet on Thursday gave its approval for the joint issue of postage stamps between India and South Africa on the theme of 20 years of strategic partnership between the two countries. A commemorative postage stamp, released in June, depicts the images of Rashtriya Swayamsevak Sangh thinker Deendayal Upadhyaya and Oliver Reginald Tambo of South Africa. A Memorandum of Understanding was signed...
BENGALURU - Defence Minister Nirmala Sitharaman on Saturday called upon startups to develop technologies and weapons for the Indian armed forces. "We (Ministry of Defence) want you to provide Indian solutions to problems faced by the armed forces. By indigenisation, India doesn't need to import many of the products that we do," Sitharaman told startups in this tech hub. "India wants its sectors disrupted through...
DHAKA - Visiting Indian Home Minister Rajnath Singh on Saturday inaugurated here the world's largest state-of-the-art visa centre, equipped with a range of modern facilities and, promising shorter waiting times for applicants, and also discussed a range of bilateral and regional issues of mutual concerns, including menace of terrorism, with Prime Minister Sheikh Hasina. "Inaugurated the state of the art Indian Visa Application Centre at Dhaka.
NOIDA - The world's largest mobile factory unveiled by South Korean tech giant Samsung in Noida will not only generate more jobs but also make India a global export hub, Prime Minister Narendra Modi said on Monday. Inaugurating the new facility spread over 129,000 sq metres at Sector 81 here, Modi said Samsung will export 30 per cent of the handsets made at the Noida factory to other markets.
NEW DELHI - Interpol has issued a red corner notice (RCN) against fugitive diamond jeweller Nirav Modi after the CBI requested this in connection with the Rs 13,500 crore fraud on Punjab National Bank (PNB), officials said here on Monday.v"Interpol has accepted our request to issue RCN against Nirav Modi, his brother Nishal Modi and an executive of his company Subhash Parab," a Central Bureau of Investigation official told IANS.
NEW DELHI - The first India-US strategic 2+2 Dialogue involving External Affairs Minister Sushma Swaraj and Defence Minister Nirmala Sitharaman and their US counterparts that was scheduled to have been held in Washington on July 6 has been postponed, the External Affairs Ministry said on Wednesday. Ministry spokesperson Raveesh Kumar tweeted that US Secretary of State Mike Pompeo spoke to Sushma Swaraj
MUMBAI - A 32-storey skyscraper in Mumbai was feared to be at risk after a parking lot and driveway caved in while at least seven persons were killed as heavy rains clobbered the city and large parts of coastal Maharashtra, officials said here on Monday. Around a dozen cars were trapped and damaged after a parking enclosure of the posh Lloyds Estate in Wadala caved in early on Monday, leaving a yawning crater of around 20-30 feet across.
NEW DELHI - Former Finance Minister P. Chidambaram on Monday said three out of the four wheels of the national economy have been "punctured" and held the BJP government's "administrative incompetence", "reckless decisions" and "policy blunders" responsible for the rising farm distress, unemployment and economic failure. "The tyres on three of the four wheels on which the economy rides are punctured. Firstly exports:
The government's bid to sell off loss-ridden Air India has come a cropper with not a single entity showing interest in the national carrier till Thursday, the last day for doing so. “As informed by the transaction adviser, no response has been received for the expression of interest (EoI) floated for the strategic disinvestment of AI. Further course of action will be decided appropriately,” the aviation ministry tweeted after 5 pm, the deadline for submissions....