Biden Signs $280 Billion CHIPS Act to Boost US Chipmakers
US President Joe Biden has signed a USD 280 billion bipartisan bill to boost domestic high-tech manufacturing. A crucial part of his economic agenda, the...
Author : Aniruddh Shrivastava
Record Solar Power Capacity Addition in H1-2022
The solar power segment in the country attained its highest ever half-early capacity addition this year with 8.40 GW to the grid. As per the...
PSU Insurers Incur Rs 26,364 Cr Loss for Health Portfolio in Last 5 Years: CAG
According to The Comptroller and Auditor General of India (CAG) report, PSU insurers’ market share in the health insurance business is declining continuously. All four...
India’s July Fuel Demand Rises 6.1% Year-on-Year, Ministry Data Reveals
India’s fuel demand in July increased 6.1% year on year. The oil ministry released the data by Petroleum Planning and Analysis Cell (PPAC) on Monday....
Shree Cement to Achieve More Milestones: CEO Bangur
Shree Cement has become a significant cement company in the last two decades. It has achieved a milestone by becoming the third largest cement firm...
Yield Rise Erodes Bank Profits in Q1, SBI worst hit, Canara Gains
A jump in bond yields during the June quarter of 2022 negatively impacted all large lenders. Of eight major banks, only two have escaped losses....
Post Office Staff Misappropriates Rs 96 Cr of Public Money: CAG
Comptroller and Auditor General have said that the staff at post offices has misappropriated Rs 95.62 crore of public money between November 2002 and September...
Russia to Launch Iranian Satellite Khayyam Today
Russia is scheduled to launch an Iranian satellite Khayyam into orbit on Tuesday. The satellite is scheduled to take off from the Moscow-operated Baikonur cosmodrome....
US Pledges USD 1 Bn More Rockets, Arms for Ukraine
The US on Monday announced another USD 1 billion in new military aid for Ukraine. This becomes the biggest delivery of rockets, ammunition and other...
Indian Oil Corporation to Expand Operations in Sri Lanka
The Indian Oil Corporation (IOC) will likely expand its operations in Sri Lanka by opening 50 fuelling stations. As the island nation is going through...