Blog

18 Feb

Gold imports inflation over 40% to $2.68 billion in January

Business CorrespondentBusiness, News

Overall, imports rose 32 percent to USD 50 billion from April to January this fiscal, as against USD 37.85 billion in the same period last fiscal. The rise in imports also reflects strong investor confidence in the precious metal as a safe-haven asset. Additional factors include asset diversification in gold amid global uncertainties, rising demand from banks and reduction in customs duty. The price of the yellow metal has risen 11 percent this year, reaching Rs 88,200 for every 10 grams in the national capital. India's gold imports, impacting the country's current account deficit (CAD), rose 30 percent to USD…

17 Feb

HCLTech’s Tech Beeprogram supports India’s skill develop mentagenda

Business BureauBusiness

HCLTech has announced the opening of applications for its TechBee early career program, a strategic initiative aimed at supporting India’s skill development and employment policies. Targeting Class 12 graduates from 2023, 2024, and 2025, TechBee offers 12 months of specialized training followed by guaranteed full-time employment. Participants can also pursue higher education through collaborations with BITS Pilani, IIIT Kottayam, SASTRA University, and Amity University Online. TechBee is aligned with the government’s push for digital transformation and employment generation in high-demand fields like cloud computing, AI, and digital engineering. The program caters to students with mathematics or business mathematics backgrounds, preparing…

17 Feb

Tripura Sundari Temple to become major tourist attraction after redevelopment

Sonakshi SarkarTripura

Prime Minister Narendra Modi and Union Home Minister Amit Shah are expected to inaugurate the redevelopment of the Tripura Sundari Temple in Tripura’s Gomati district in March, according to Tripura Tourism Minister Sushanta Chowdhury. The beautification work, initiated under the PRASAD scheme after the BJP government came to power in 2018, is nearing completion, with only finishing touches remaining. Chowdhury mentioned that Chief Minister Dr. Manik Saha recently extended an invitation to PM Modi and HM Shah during a meeting in Delhi. The redevelopment project, funded by ₹38 crores from the Central Government and ₹7 crores from the State Government,…

17 Feb

Mizoram to tackle job challenges with Mizoram Private Placement Agencies Bill

Sonakshi SarkarMizoram

The Mizoram government will introduce the Mizoram Private Placement Agencies (Regulation) Bill, 2025, during the budget session of the state assembly starting February 19. The legislation aims to facilitate legal employment opportunities for Mizo youth both within India and abroad. The proposed bill will enable private placement agencies to recruit and send job seekers, especially domestic workers, to other states and foreign countries through legal channels. It will also establish a licensing system under the state government to ensure agencies comply with safety and legal regulations. This initiative is a response to challenges faced by Mizo domestic workers abroad, particularly…

17 Feb

NASA Prepares for Mars Mission Launch in 2026

editorNASA

NASA has announced its next Mars mission, scheduled for launch in 2026. The mission will include a state-of-the-art rover designed to explore previously uncharted Martian terrain for signs of past life. This rover will be equipped with advanced drilling technology and AI-powered navigation systems. NASA is also collaborating with the European Space Agency to bring Martian soil samples back to Earth for further study. The mission aims to unlock more secrets of Mars’ geological and atmospheric history, paving the way for future human exploration.

17 Feb

New Digital Services Tax Aims to Level the Playing Field in France

editorbreaking news

France has officially implemented a digital services tax targeting large tech companies like Google, Amazon, and Facebook. The tax will apply to companies with global revenues exceeding €750 million, aiming to ensure they pay their fair share for operations in France. The European Union is considering similar measures to address tax disparities between tech giants and local businesses. French authorities believe this tax will provide much-needed revenue to invest in public services and promote digital equity.

17 Feb

Itanagar promises to keep working toward a sustainable city after cleaning up

Banasree SarkarArunachal PradeshItanagar

The Gandhi Market area, the grounds of the Police Station, and the Legi complex were among the major Itanagar venues where a massive social service and river cleanup program was held. The Youth Mission for Clean River (YMCR) and Itanagar Municipal Corporation (IMC) Ward No-10 led the effort, which recruited more than 150 volunteers. Itanagar Smart City, the Abralow Memorial Multipurpose Society, and Rajiv Gandhi University's (RGU) NSS unit also participated. Women police officers, firefighters, police officers, and local citizens were among the participants. The Yagamso River near the Legi section, which was severely contaminated by municipal solid waste, was…

17 Feb

Hydrogen Power: Germany’s Next Step in Renewable Energy Leadership

editorbreaking news

Germany has unveiled a comprehensive national hydrogen strategy to reduce its carbon footprint and accelerate its transition to renewable energy. The program will focus on producing "green hydrogen" using wind and solar power, with a target of generating at least 10 gigawatts by 2030. The government will invest billions in research, production facilities, and international partnerships. Germany’s industrial sector is expected to benefit from hydrogen fuel, reducing reliance on fossil fuels. This strategy reflects Germany’s ambition to lead the world in renewable energy technologies.

17 Feb

Tripura launches 1962 helpline for livestock care in partnership with IndusInd Bank, BFIL

Business BureauBusiness

IndusInd Bank Limited (IBL) and Bharat Financial Inclusion Limited (BFIL), a wholly owned subsidiary of IBL, have partnered with the Government of Tripura to launch a livestock care helpline under BFIL’s flagship Bharat Sanjeevani program.The helpline, accessible through toll-free number 1962, will serve farmers across Tripura’s eight districts and 875 villages, providing on-demand veterinary services, artificial insemination, and animal husbandry guidance. The initiative aims to improve livestock health and boost agricultural productivity. A central emergency response center will be established at Tripura’s Animal Resources Development Department (ARDD) in Agartala, supported by BFIL and IBL. GPS-enabled Mobile Veterinary Units (MVUs) will…

17 Feb

GlaxoSmithKline Pharma Q3FY25: Net profit jump 400% to Rs 228.58 crore

Business CorrespondentBusiness, News

GlaxoSmithKline (GSK) Pharmaceuticals on Friday announced a 402 per cent year-on-year (Y-o-Y) increase in consolidated net profit for the December quarter (Q3 FY25) to Rs 228.58 crore, up from Rs 45.49 crore in the same period last year. The company’s revenue from operations rose to Rs 946.36 crore, a 17.5 per cent Y-o-Y increase from Rs 804.98 crore in Q3 FY24. Sequentially, the company’s net profit fell 8.08 per cent, whereas revenue declined 5.4 per cent, from Rs 248.68 crore and Rs 1,000.05 crore, respectively, reported in Q2 FY25. The performance is attributed to the company's strong growth across key product portfolios. GSK…