NEW DELHI: India’s quest for renewable energy received a shot in the arm with the Indian Renewable Energy Development Agency (IREDA) securing an international credit rating. S&P Global Ratings rated IREDA’s Outlook as “Stable” and gave the agency “BBB” long-term […]
NEW DELHI: The foundation stone for India’s largest deep-water port, Vadhvan, has been laid in Palghar, Maharashtra state of India. This major project is set to enhance India’s maritime capabilities and boost its global trade profile. Vadhvan Port aims to […]
NEW DELHI: Indian poverty reduction scheme, Pradhan Mantri Jan Dhan Yojana (PMJDY), has brought 530 million adults into the banking system over the past 10 years, as announced on its 10th anniversary. Recognised as the world’s largest financial inclusion initiative, […]
NEW DELHI: Indian Cabinet Committee on Economic Affairs approved 12 new industrial smart city projects. These projects, part of the National Industrial Corridor Development Programme, involve an estimated investment of ₹286.02 billion (AED12.51 billion). They are strategically planned across 10 […]
NEW DELHI: India bio economy has surged 13 times in ten years and is expected to double its current size by 2030, according to Jitendra Singh, Minister for Science and Technology. He announced the new Biotechnology for Economy, Employment, and […]
NEW DELHI: India is set to launch the “Unified Lending Interface” (ULI) nationwide, following its pilot project last year, according to Shaktikanta Das, Governor of the Reserve Bank of India (RBI). Das announced the upcoming rollout of ULI at the […]
NEW DELHI: India’s foreign exchange reserves grew by $4.546 billion, reaching $674.664 billion during the week ending 16th August, just below their all-time high of $674.919 billion, as reported by the Reserve Bank of India (RBI). In 2024, India’s foreign […]
NEW DELHI: India is taking a big step to protect the environment by planning to switch to zero-emission trucks. The government’s Office of the Principal Scientific Advisor announced this ambitious goal today. According to the new “Indian Zero Emission Trucking […]
NEW DELHI: Nearly 12% of spice samples tested by Indian authorities didn’t pass quality and safety checks and standards, based on data from the Right to Information Act. This news comes as several countries have taken steps due to contamination […]
NEW DELHI: India’s food safety authorities have launched a new project to address the rising issue of microplastic contamination in food. This initiative follows a report from the United Nations Food and Agriculture Organisation (FAO), which highlighted the presence of […]
ABU DHABI: Abu Dhabi Airports, which manages the five airports in the Emirate, has announced the launch of three new direct routes by the Indian airline IndiGo. These new routes will connect Zayed International Airport (AUH) with Mangaluru (IXE), Tiruchirappalli […]