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Modi Promises Semiconductor Boom: Is India Really Ready to Chip Away at Global Competition?

On September 11, 2024, semiconductor stocks experienced a significant rise following Prime Minister Narendra Modi’s speech at the Semicon India 2024 event. He emphasized India’s commitment to boosting its semiconductor infrastructure and highlighted the country’s potential to become a global leader in chip manufacturing. Modi stated that India holds 20 percent of the world’s talent ...

September 12, 2024

Kalpataru Projects secures ₹2,774 crore in new orders, expanding into airport construction and enhancing its global engineering footprint.

Kalpataru Projects International Ltd (KPIL), a leading engineering and construction company in India, has secured new orders worth Rs 2,774 crore. These projects include significant work in Transmission & Distribution overseas and an EPC project for the Airports Authority of India, as well as a Design & Build project for residential buildings in India. Manish ...

September 12, 2024

Nurse’s Heroic Journey Amidst Chaos: Florence Nightingale Award Highlights Unsung Heroes in a Troubling Political Landscape

Sanjukta Sethi, a 55-year-old nursing officer from Malkangiri, has been honored with the National Florence Nightingale Award 2024 by President Droupadi Murmu at Rashtrapati Bhavan. With 24 years of experience in the hospital’s operation theatre, Sanjukta has assisted in around 11,000 deliveries and over 6,000 surgeries, often handling critical cases in a Maoist-affected area. Her ...

September 12, 2024

Amid financial turmoil, Paytm vows to regain profitability by focusing on core payments and leveraging AI for growth.

Paytm, under the leadership of founder Vijay Shekhar Sharma, is focusing on its core payment services while aiming for profitability. Speaking at the annual meeting, Sharma emphasized a commitment to compliance and continuous improvement in business operations. Recently, Paytm faced challenges, including a reported loss of Rs 839 crore in the first quarter of FY25 ...

September 12, 2024

Rahul Gandhi’s US Soiree: Bridging Diaspora Relations or Fanning Flames of Controversy with Politicians at Play?

During his recent visit to the United States, Congress leader Rahul Gandhi engaged with the Indian diaspora, students, and faculty in various universities. He also met with US lawmakers at the Rayburn House Office Building, an event hosted by Congressman Bradley Sherman. Notable attendees included Representatives Jonathan Jackson, Ro Khanna, and Ilhan Omar, whose presence ...

September 12, 2024

HDFC Bank is negotiating to offload Rs 8,400 crore in loans to strengthen finances amid rising credit-to-deposit ratio concerns.

HDFC Bank, India’s largest private lender, is negotiating with global banks like Barclays, Citigroup, and JPMorgan to sell around Rs 8,400 crore (about $1 billion) in loans. This move aims to improve its credit-to-deposit ratio, which has been under pressure due to rapid loan growth compared to deposits. The bank is also in talks with ...

September 12, 2024

Doctors Demand Live Broadcast with Mamata: A Meeting of Minds or Just a Political Show?

Doctors in West Bengal are on strike, demanding a meeting with Chief Minister Mamata Banerjee following the tragic rape and murder of a junior doctor at RG Kar Medical College. The government invited the protesting doctors to discuss their concerns, but the medics insist on a live telecast of the meeting and a larger delegation ...

September 12, 2024

US-China tensions rise as American businesses report historic lows in optimism and profitability, urging tariff reductions amidst economic uncertainty.

US businesses operating in China are facing significant challenges, leading to a record low in optimism about their five-year outlook. A recent survey by the American Chamber of Commerce in Shanghai revealed that only 47 percent of American firms feel positive about their future in China, down five points from last year. This decline is ...

September 12, 2024