Politics (developmental plans implementation) On Monday, a high-level delegation from the Confederation of Indian Industry (CII) met with Chief Minister M.K. Stalin to discuss areas where the CII and the State Government can collaborate to make Tamil Nadu a $1 trillion economy by 2030. The delegation was led by C.K. Ranganathan, chairman of the CII’sContinue reading “The CII is eager to work with the government to make Tamil Nadu a $1 trillion economy by 2030.”
Category Archives: Business
High oil prices to hurt world economic recovery: India to OPEC
Business (warning for OPEC and its nations) According to a top official, India, the world’s third-largest energy consumer, has urged Saudi Arabia and other OPEC nations that high oil prices will harm the world’s embryonic economic recovery following the terrible pandemic, and that they must price oil at acceptable levels. After a series of priceContinue reading “High oil prices to hurt world economic recovery: India to OPEC”
Boris Johnson says UK doesn’t want to turn away Chinese investment
UK dependence Despite the concerns of some of his own lawmakers, Prime Minister Boris Johnson has stated that he will not “pitchfork away” Chinese investment offers. Decisions to bar Chinese firms from Britain’s fifth-generation communication networks and nuclear power, as well as condemnation of China’s human-rights record, have strained relations with Beijing in recent years,Continue reading “Boris Johnson says UK doesn’t want to turn away Chinese investment”
China, travel recovery push RIL’s refining margins higher
Refinery Business (pressure from China & expectation from native) Refining margins have risen for the first time since the pandemic, and with travel picking up and China pressuring energy-intensive industries to reduce emissions, analysts expect Reliance Industries Ltd’s refining margins to strengthen (RIL). As China tightens oversight of projects with high energy consumption and carbonContinue reading “China, travel recovery push RIL’s refining margins higher”
International flights connecting Srinagar to the rest of the globe will begin on October 23.
India (Union flight service – coming soon) According to an official press release, Divisional Commissioner of Kashmir Pandurang K Pole held a meeting on Monday to discuss the operation of international flights from Srinagar International Airport, as well as the necessary arrangements and passenger management in light of the COVID-19 pandemic. International planes connecting KashmirContinue reading “International flights connecting Srinagar to the rest of the globe will begin on October 23.”
CoinDCX appoints Ayushmann Khurrana as brand ambassador
Business (Marketing mentor) CoinDCX announced on Monday that actor Ayushmann Khurrana has been named as its new face. The announcement comes just days after actor Amitabh Bachchan announced that he is postponing his endorsement deal with CoinDCX until the legality of cryptocurrency in India is clarified.
According to Ray Dalio, the workplace will never be the same as it was before Covid.
Business (Infrastructural update) As flexibility and technology become the key driving forces in the new world, billionaire investor Ray Dalio believes the workplace would never revert to pre-pandemic norms. “The future of the workplace will most likely be defined by two factors: customisation and technology. We’ve been given the gift of being able to reassessContinue reading “According to Ray Dalio, the workplace will never be the same as it was before Covid.”
DMart CEO Ignatius Noronha becomes billionaire
Business (succeeded Billionaire) Ignatius Navil Noronha, the chief executive officer of Avenue Supermarts Ltd, which operates DMart retail stores, has seen his fortune grow to more than a billion dollars as the retail firm’s shares have increased by an astounding 113 percent this year. The stock hit a new record high of 5,899 on theContinue reading “DMart CEO Ignatius Noronha becomes billionaire”
Salman Khan launches India’s first crypto coin, Chingari’s ‘$GARI.’
Technology (Business through cryptocurrency) During the debut of Chingari’s crypto token $GARI, Salman Khan stated, “With the $GARI incentive scheme, they (content creators) will be motivated even more to create newer and more interesting films on the Chingari app.”
Numerous opportunities for investors in India : Nirmala Sitharaman.
Opportunities for India With the current reset in the global supply chain, there are numerous opportunities in India for investors and industry stakeholders, according to Nirmala Sitaraman.
The BMW C 400 GT, India’s most expensive scooter, has been delivered for the first time.
Automobiles(BMW Scooter) BMW Motorrad introduced the C 400GT in India. It costs Rs. 9.95 lakhs ex-showroom, making it the most expensive scooter available in India. Despite its high price, the scooter has received 100 pre-orders.
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