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India Hosts Global IndiaAI Summit 2024 in New Delhi India is organizing the ‘Global IndiaAI Summit 2024’ under the Ministry of Electronics and Information Technology, scheduled for July 3-4 in New Delhi. The summit aims to foster collaboration and knowledge exchange among international AI experts, reinforcing India’s dedication to ethical and inclusive AI growth. Key…
Indian Markets Start July Steady: Nifty 50 and BSE Sensex Show Small Gains Indian markets began the first week of July on a flat note, with both major indices opening steady on Monday. The Nifty 50 index maintained above 24,000 levels and traded at 24,022 after a marginal gain of 14 points. Similarly, the BSE…
Oil Companies Reduce Prices of Commercial LPG Cylinders in Delhi New Delhi [India], July 1: In a move to help businesses, oil marketing companies have reduced the prices of commercial LPG gas cylinders. Starting Monday, the price of a 19 Kg commercial LPG cylinder has been cut by Rs 30, making the new price Rs…
Piyush Goyal Highlights Big Increase in Patents and Push for Online Services in India Union Minister of Commerce and Industry Piyush Goyal announced that India granted around one lakh patents in 2024, a significant increase from 6,000 patents ten years ago. He shared this during an outreach program with industry leaders and stakeholders in Hyderabad,…
Amit Shah Inaugurates New Bank Building and Praises ‘Sahkar se Samriddhi’ in Gujarat Union Home Minister Amit Shah lauded the efforts made under the ‘Sahkar se Samriddhi’ initiative while inaugurating the 76th Annual General Meeting of Kheda District Central Cooperative (KDCC) Bank Limited in Nadiad, Gujarat through video conferencing. He inaugurated the new building of…
Retrofitting Diesel Buses in India: Creating Jobs and Saving Costs New Delhi, India – A recent report highlights the employment opportunities and cost savings from retrofitting inter-city diesel passenger buses to electric ones. Retrofitting involves replacing the original engine with a new alternative energy source within the existing vehicle body. The report, prepared by the…
India’s Retail Startups Get Big Boost from Venture Capitalists in 2024 By Prabhakar Chaturvedi New Delhi, India, June 30: Venture capitalists are showing great interest in funding retail sector startups in India, driven by the country’s strong consumption patterns. According to data intelligence firm Tracxn, funding in the retail sector increased by 32% to USD…
ICAI Celebrates 75 Years with ‘CA Run for Viksit Bharat’ in Delhi The Institute of Chartered Accountants of India (ICAI) organized a marathon named ‘CA Run for Viksit Bharat’ in Delhi to mark its 75th anniversary. The event saw the participation of Minister of State for Corporate Affairs Harsh Malhotra and ICAI President Ranjeet Kumar…
Delhi Metro’s Phase 4 Expansion: 50% Complete, All Corridors to Open by 2026 The Delhi Metro Rail Corporation (DMRC) is making significant progress with its Phase 4 expansion. The project aims to open all three priority corridors, totaling 65 kilometers of new lines, by 2026. As of now, over 50% of the work has been…
Zomato Faces Rs 9.5 Crore GST Demand Notice from Karnataka Tax Authority New Delhi [India], June 30: Zomato, the food delivery company, has received a GST (Goods and Service Tax) demand notice of Rs 9.5 crore. The company informed the exchange in a filing on Sunday. The notice, issued by the Assistant Commissioner of Commercial…