Infosys is enabling clients to reduce manpower requirements by between 5% and 35% through the use of its hybrid artificial intelligence framework, known as poly-AI, according to a senior company official. Speaking to ET, Balakrishna DR, executive vice-president and global services head for AI and industry verticals, said the savings depend on the process, industry,…
PM Modi urges self-reliance in critical minerals & fertilisers India is pushing ahead with plans to achieve self-sufficiency in critical minerals, with exploration already underway at over 1,200 sites, Prime Minister Narendra Modi said during his Independence Day address. Speaking from the Red Fort on the nation’s 79th Independence Day, he noted that the global…
The next round of negotiations to review the ASEAN-India Trade in Goods Agreement (AITIGA) will be held on October 6-7, 2025, at the ASEAN Secretariat in Jakarta, Indonesia, hosted by Malaysia, the Commerce Ministry said.The tenth round of talks concluded in New Delhi between August 10 and 14, with the Joint Committee focusing on advancing…
The government is set to expand the proposed Maritime Development Fund (MDF) to Rs 70,000 crore, 2.8 times the allocation announced in the February Budget, to accelerate growth in shipbuilding, ship repair, port-linked infrastructure and shipping tonnage, ET reported, citing multiple sources. The Expenditure Finance Committee (EFC), led by the finance ministry’s expenditure secretary, has…
India is facing a difficult strategic choice after the US imposed a steep 50% country-specific tariff on most Indian goods, on top of existing duties, according to the Global Trade Research Initiative (GTRI). Founder Ajay Srivastava was quoted by news agency PTI as saying that the options range from negotiating or retaliating to diversifying export…
Prime Minister Narendra Modi’s announcement of GST 2.0, with rate cuts to be rolled out by Diwali, is a timely and strategic step to strengthen the Indian economy, according to tax experts.From the Red Fort on Independence Day, Modi said GST rates will be lowered on everyday-use goods as part of reforms to the eight-year-old…
India’s purchases of Russian crude oil have risen to 2 million barrels per day (bpd) in August, up from 1.6 million bpd in July, according to data from global analytics provider Kpler. The increase, which came at the expense of imports from Iraq and Saudi Arabia, means Russia supplied 38 per cent of India’s estimated…
Rice prices in India have jumped by up to 14% in just two days as traders rush to export to Bangladesh following its decision to allow duty-free import of 500,000 tonnes of the staple. The move has caused a temporary disruption in domestic supply, pushing up retail prices across key varieties, reported ET.According to traders…
No, you don’t need to buy a new FASTag if you have an existing FASTag. The Annual Pass can be activated on your current FASTag, as long as it fulfills the eligibility requirements (such as being correctly attached to the vehicle’s windshield, connected to a valid Vehicle Registration Number, not blacklisted, etc.). Source link
Prime Minister Narendra Modi on Friday outlined an ambitious roadmap to drastically cut India’s reliance on imported oil and gas, announcing rapid expansion in nuclear power, deep-sea oil exploration, and other clean energy initiatives. Speaking from the ramparts of the Red Fort on the country’s 79th Independence Day, he said energy self-reliance is critical for…
