NEW DELHI: India is looking to attract at least three large semiconductor equipment makers and five major suppliers of chemicals and gases under Semicon 2.0. Union electronics and IT minister Ashwini Vaishnaw said he would judge the programme’s success by whether India could bring those companies in.He described the target as ambitious, saying the precision…
NEW DELHI: Electronics and IT minister Ashwini Vaishnaw called on social media platforms to take greater responsibility for the content they carry, pressing them to explain how their algorithms work, protect children from harmful content and give users a better way to resolve complaints.Asked whether govt was considering withdrawing safe-harbour protection for social media companies,…
NEW DELHI: ONGC’s overseas investment arm ONGC Videsh (OVL) is exploring the possibility of securing operatorship rights for two Venezuelan oil projects – San Cristobal and PetroCarabobo — and is in advanced talks with the Venezuelan govt and US authorities.During an analyst call following its Q2 financial results, the company said the arrangement is likely…
MUMBAI: RBI has proposed tighter rules for classifying gold-backed farm loans as priority sector lending (PSL), requiring banks to verify borrowers’ actual agricultural credit needs against the district scale of finance for the crop. Banks would also have to document field inspections, crop hypothecation and evidence of agricultural activity by landless cultivators failing which loans…
NEW DELHI: Sales of air purifiers are witnessing a sharp jump as pollution levels worsen across the country, even as the onset of winter spurs demand for other seasonal appliances including room heaters, geysers and electric kettles. Air-purifier sales on Amazon doubled over the past week alone, while those across e-commerce platforms grew 1.4 times…
MUMBAI: The rupee strengthened 57 paise to close at 93.91 a six-month high against the US dollar, extending its recovery on sustained foreign fund inflows, falling crude oil prices and easing concerns over the global concentration of investments in artificial intelligence. The currency has emerged as the second-best performer against the dollar this month after…
India’s coach Gautam Gambhir, left, chats with captain Shubman Gill. (AP Photo) Wellington: India under head coach Gautam Gambhir has undergone a massive transition in Test cricket but continues to enjoy some stability in the ODI format. The presence of senior players Virat Kohli, Rohit Sharma, KL Rahul and Shreyas Iyer has kept the core…
New Delhi: The cost of oil for Indian refiners fell to $94.5 per barrel on Thursday, its lowest level in two months, amid hopes of a resolution to the US-Iran conflict and an exemption for commercial ships transiting the Strait of Hormuz. The Indian basket fell 20.4% in a week, from $118.7 on Oct 30….
Gains 1,781 points fri even as US market, AI stocks crashMUMBAI: In one of the best weekly gains in recent times, sensex closed over 8.8% up as foreign funds came back to buy Indian stocks, as the US midterm polls raised hopes of policy stability, and also of a diplomatic resolution to the war in…
KOLKATA: As Tanvi Patri produced one of the most remarkable fightbacks during the badminton girls’ singles final of Youth Olympic Games, her father Rabinarayan Patri was not in the stands witnessing it unfold.Instead, he was rushing through an airport, trying to catch a flight.What followed was an emotional roller-coaster. The 15-year-old Indian clawed her way…
