Taiwanese President Tsai Ing-wen has denied that her plan to strengthen economic ties with other countries was to compete with China's new Silk Route project to revive the historic economic corridor. "It is not about competing with China, but about emphasising Taiwan's own advantages and promoting mutually beneficial development as a member of t...
Aiming to make the nation digitally more vibrant, IT Minister Ravi Shankar Prasad on Saturday urged that all states should have at least one National Institute of Electronics and Information Technology (NIELIT). The NIELIT is an autonomous scientific society under the Ministry of Electronics & Information Technology to carry out human resource d...
Despite very low trade between India and Mauritania, New Delhi has approved letters of credit worth $65.68 million for a solar-diesel hybrid rural electrification project in the north African country, the Embassy of Mali, which is also accredited to the country, has said....
The second 220 MW unit of the Madras Atomic Power Station (MAPS), run by Nuclear Power Corporation of India Ltd (NPCIL) at Kalpakkam near here, is expected to restart operations on May 8, a senior official said. ...
The second unit of the Kudankulam Nuclear Power Project (KNPP) has been shut down due to water and steam leakage, an official said on Saturday. The plant's operator, Nuclear Power Corporation of India Ltd (NPCIL) said the Unit-II is likely to restart on May 11. "The unit was shut down due to steam and water leakage. We have to first coo...
US payroll employment gains expanded at a faster pace in April, and the unemployment rate dropped to 4.4 per cent, the lowest in a decade, media reports said. According to data released by the Labour Department on Friday, the total nonfarm payroll employment increased by 211,000 in April, beyond market expectation of 185,000. The better-than-...
The H1-B visa reforms pose a challenge to Indian companies but it will help the country's economy in a direct way, according to Meera Shankar, former Indian ambassador to the US....
Though the RBI and the government have been working to tackle the problems of mounting bad loans, the Ordinance on NPAs will define the way forward in this regard, RBI Executive Director Sudarshan Sen said. ...
Banks may be authorised to initiate insolvency resolution process in respect of loan default under the Bankruptcy Code with the promulgation of the ordinance on Friday amending the Banking Regulation Act....
Banks may be authorised to initiate insolvency resolution process in respect of loan default under the Bankruptcy Code with the promulgation of the ordinance on Friday amending the Banking Regulation Act....
