Deep-Water Ports to Strengthen India’s Maritime Growth
New Delhi, July 20: India is stepping up efforts to develop deep-water port projects as part of a strategy to strengthen its maritime infrastructure and reduce dependence on foreign transshipment hubs. The initiative aims to enhance India’s position in global trade by improving port capacity, increasing cargo handling efficiency, and...
Floodwaters Disrupt Train Services in Assam as Railway Tracks Go Under Water
Guwahati, July 20: Train services in Assam have been affected after floodwaters submerged railway tracks at several locations, disrupting normal rail movement in the state. Continuous rainfall and rising river levels have caused water accumulation over railway sections, forcing authorities to take precautionary measures to ensure passenger safety. Railway teams...
Credit Growth Remains Resilient Amid Deposit Challenges
New Delhi, July 20: Bank credit growth in India is expected to remain strong despite concerns over the gap between credit expansion and deposit growth, according to a report by SBI Research. The report highlighted that lending activity is likely to maintain momentum, supported by economic growth, improving demand across...
Rising Brent Crude Prices Raise Energy Concerns for India, Rupee and Foreign Flows in Focus
New Delhi, July 20: The rise in Brent crude oil prices above the USD 90 per barrel mark has renewed concerns over India’s energy costs, with markets closely monitoring the impact on the rupee and foreign portfolio investment (FPI) flows. The increase in global crude prices could pose challenges for...
India and Canada Discuss Trade Opportunities, Sustainable Growth Through CEPA Framework
New Delhi, July 20: Chief Economic Adviser V. Anantha Nageswaran held a meeting with the Canadian High Commissioner to discuss opportunities for strengthening economic cooperation between India and Canada, including areas linked to the Comprehensive Economic Partnership Agreement (CEPA). The discussions focused on expanding bilateral trade, enhancing investment opportunities, and...
Gold and Silver Prices Rise as Weaker Dollar Supports Precious Metals
New Delhi, July 20: Gold and silver prices moved higher as a weaker US dollar provided support to precious metals, offsetting concerns over possible interest rate decisions by the US Federal Reserve. Market sentiment remained influenced by global economic developments, with investors closely tracking currency movements and monetary policy signals....
India’s Gems and Jewellery Exports Rise Over 26 pc in June, Boosting Trade Growth
New Delhi, July 20: India’s gems and jewellery exports recorded strong growth in June, rising by more than 26% compared with the previous period, reflecting increased demand from international markets and strengthening the country’s position in the global jewellery trade. The export growth was supported by improved market conditions, steady...
And You Thought a Smart Ring Was Discreet
July 20: Imagine using a wearable device that is so thin and discreet that you’d hardly be aware that you were wearing it. Now Tufts engineers have created flexible electronics that could do just that. Made of thread-based integrated circuits that can bend, coil, stretch, and conform to the...
TryfactaEDU Global Foundation to Host UNESCO MOST BRIDaGES Coalition’s South Asia Regional Programme Office
July 20: In a significant step towards strengthening sustainability research and international collaboration in South Asia, TryfactaEDU Global Foundation has been selected to host the South Asia Regional Programme Office of the BRIDGES Coalition at Gujarat International Finance Tec City , Gujarat. The BRIDGES Directorate and the International Programme...
Hyundai Motor India Expands EV Ecosystem with Access to 30,000 Charging Points Nationwide
New Delhi, July 20: Hyundai Motor India has announced expanded access to a network of 30,000 electric vehicle (EV) charging points across India, strengthening efforts to make electric mobility more accessible and convenient for customers. The initiative aims to provide EV owners with wider charging options and greater confidence while...