Business Mohit Dubey launched CarWale, a firm that allows consumers to sell and purchase used and new cars, more than a decade ago. However, after more than a decade with the company, Dubey realised that he was only helping 3% of India’s population. He desired to try something more substantial. Literally.Chalo, his newest startup, allowsContinue reading “Chalo raises $40 million to digitize bus commutes in India”
Tag Archives: India
Moody’s improves India’s outlook to ‘stable’
Economy On Tuesday, Moody’s revised India’s outlook from ‘negative’ to’stable,’ claiming that an economic recovery is begun, with activity building up and spreading across sectors. India’s sovereign credit rating was also affirmed by Moody’s at Baa3, the lowest investment grade, just a notch above junk status.The change in outlook to stable reflects Moody’s assessment thatContinue reading “Moody’s improves India’s outlook to ‘stable’”
India, Sri Lanka begin 12-day military exercise
Army The eighth edition of the ‘Mitra Shakti’ bilateral joint exercise between the Indian Army and the Sri Lankan Army began on Monday at the Combat Training School in Ampara, Sri Lanka. The exercise was last organised in 2019 at the Foreign Training Node (FTN) stationed at Aundh military station in Pune.The exercise intends toContinue reading “India, Sri Lanka begin 12-day military exercise”
India’s vaccine coverage crosses 90cr landmark
India India reached a critical milestone in its Covid immunisation campaign on Saturday evening, when 90.4 crore doses were administered. More than 72 lakh doses were given out until 9:30 p.m. on Saturday, with Bihar leading the way with 26.4 lakh doses given out in a single day. With 7.5 lakh doses administered, Maharashtra trailedContinue reading “India’s vaccine coverage crosses 90cr landmark”
Reliance floats UAE arm for trading in oil, petro products
Business RIL invests $1 million in its Abu Dhabi-based subsidiary Reliance International.
India all set to reset, deepen ties with Sri Lanka
Emergency Relationship In the midst of the massive financial crisis and the catastrophic COVID-19 wave that has gripped the island country, India and Sri Lanka are prepared to re-engage at diplomatic and political levels after a lean period.Foreign Secretary Harsh Shringla will begin a three-day visit to Sri Lanka on Saturday, meeting with President GotabayaContinue reading “India all set to reset, deepen ties with Sri Lanka”
India Deploys Howitzer Regiment In Ladakh, Can Hit Targets 50 Km Away
India The Indian Army has deployed the first K9-Vajra self-propelled howitzer regiment along the Line of Actual Control (LAC) with China in the forward portions of the Ladakh sector. The self-propelled cannons have a range of about 50 kilometres. Following a deadly skirmish in the Pangong lake area in May of last year, India andContinue reading “India Deploys Howitzer Regiment In Ladakh, Can Hit Targets 50 Km Away”
RBI’s new auto-debit rule, pension norms: 9 changes that will set in from October 1
India From pension rules to the new automatic debit guidelines and some banks stop using checkbooks, a series of changes will take effect starting Friday. Most changes will have a direct impact on people’s daily lives. As the deadline for the Reserve Bank of India (RBI) to extend the implementation of the standards is comingContinue reading “RBI’s new auto-debit rule, pension norms: 9 changes that will set in from October 1”
Musk, Bezos set to offer broadband in India
Business Jeff Bezos and Elon Musk are the two richest businessmen in the world. They will compete with Airtel’s Sunil Mittal and Reliance Jio’s Mukesh Ambani in the high-speed broadband and Internet sectors because they have already competed with the Indian government. Contacted and proposed a separate plan to provide a satellite-based Internet. The connectivityContinue reading “Musk, Bezos set to offer broadband in India”
India’s quest for a road to Central Asia
Geo Politics Central Asia may want India to act as a counterbalance to China. It is said that China has so far pledged US$100 million to improve Afghanistan’s connectivity. In a speech at the Shanghai Cooperation Organization (SCO) meeting on September 17, Narendra Mo Prime Minister Di talked about how Central Asia has historically servedContinue reading “India’s quest for a road to Central Asia”
Goodbye Ordnance Factory Board: A 220-year-journey ends
India OFB controls 41 factories and employs more than 70,000 people. Its annual turnover is approximately 19,000 crore rupees. All of these will be divided into seven defense public sector units (DPSU), wholly owned by the government. The seven successor DPSUs are:Indian munitionsArmored car NigamIndia’s advanced weapons and equipmentForce comfortYantra IndiaOptel, IndiaIndian gliderAll seven DPSUsContinue reading “Goodbye Ordnance Factory Board: A 220-year-journey ends”
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