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Singareni Collieries to Start Mining in Odisha’s Naini Coal Mine After Land Approval The Odisha government has approved the transfer of 643 hectares of forest land to Singareni Collieries Company Limited (SCCL) for coal mining in the Naini coal mine. This approval, granted on July 4, 2024, resolves a long-standing delay since the Stage-II forest…
Indian Medical Association Urges Finance Minister Nirmala Sitharaman for More Health Budget The Indian Medical Association (IMA) has written to Finance Minister Nirmala Sitharaman, requesting an increase in the health budget. They advocate for a tax-based health financing system, noting that India’s government health spending is among the lowest in the world, ranging from 1.1…
Nirmala Sitharaman to Present Seventh Union Budget on July 23 Finance Minister Nirmala Sitharaman will present the Union Budget 2024-25 on July 23, marking her seventh consecutive budget presentation. The budget session will run from July 22 to August 12. Sitharaman has been consulting with economists, industry representatives, and agriculture experts. The Confederation of Indian…
Bengaluru’s Property Prices Soar by 57% in 5 Years, Says New Report Residential property prices in Bengaluru have jumped 57% in the last five years, according to the ‘Bengaluru’s Real Estate – Your Gateway to Opportunity’ report by ANAROCK. In the first half of 2024, about 34,100 housing units were sold, marking an 11% increase…
Vijay Shekhar Sharma Praises Government for Boosting Indian Startups at JIIF Conclave New Delhi, India, July 6: Vijay Shekhar Sharma, the founder of Paytm, commended the Indian government for creating a supportive environment for startups. Speaking at the JITO Incubation and Innovation Foundation’s (JIIF) Innovation Conclave, Sharma highlighted the significant progress made under Prime Minister…
Nvidia’s Vishal Dhupar Talks About India’s AI Mission and GPU Deals Nvidia’s Managing Director of Asia South, Vishal Dhupar, has shown strong interest in India’s AI Mission. He mentioned that Nvidia, like any other player, would be keen to participate if given the opportunity. During the Global India AI Summit 2024 in New Delhi, Union…
Nitin Gadkari Inaugurates HORIBA’s New Medical Equipment Plant in Nagpur In a significant boost to the Make in India initiative, Nitin Gadkari, Union Minister of Road and Transport, inaugurated one of India’s largest medical equipment and haematology reagent manufacturing units by HORIBA India in Butibori, Nagpur. The facility, launched by the Japan-headquartered HORIBA Group, is…
HORIBA Group Opens New Medical Equipment Plant in Nagpur, India New Delhi, India – Japan-based HORIBA Group, a global conglomerate, has launched its third and largest medical equipment and consumables manufacturing facility in Nagpur, India. Atsushi Horiba, Chairman and Group CEO of HORIBA, emphasized the importance of timing for this investment, noting India’s rapid growth…
Amit Shah and Gujarat CM Bhupendra Patel Announce 50% Subsidy on Nano Fertilizers for Farmers The Gujarat government has introduced a special scheme offering a 50% subsidy on Nano Urea and Nano DAP to promote sustainable agricultural practices. This initiative aims to encourage farmers to use these innovative fertilizers, which are more environmentally friendly and…
Foreign Investors Lead India’s Real Estate Boom in 2024 Foreign investors have taken the lead in India’s real estate sector during the first half of 2024, accounting for 65% of total investments, according to a report by JLL. Foreign Institutional Investors (FIIs) injected around USD 3.1 billion, contributing significantly to the sector’s total investment of…