Articles for category: Business

Market News

India’s Energy Market Soars: Prices Plummet Amid Renewable Revolution

India’s Energy Market Soars: Prices Plummet Amid Renewable Revolution

In August 2024, the Indian Energy Exchange (IEX) reported a significant rise in total trade volume, increasing by 35.8% year-on-year to reach 12,040 million units. Electricity trading also grew, with a 17.1% rise to 9,914 million units. The Market Clearing Price in the Day-Ahead Market dropped 38% to Rs 4.28 per unit, while the Real-Time ...

Market News

Supreme Court Faces West Bengal’s Defiance Amid Doctor’s Brutal Murder Outcry

Supreme Court Faces West Bengal’s Defiance Amid Doctor’s Brutal Murder Outcry

The Central Government has approached the Supreme Court, accusing the West Bengal government of “unpardonable” non-cooperation in supporting the CISF’s security efforts at RG Kar Medical College, following the tragic rape and murder of a trainee doctor. The Home Ministry claims that the state government’s actions indicate a systemic issue and is seeking action against ...

Market News

Espionage Unveiled: Chinese Firms Target Taiwan’s Tech Secrets Amidst Raids

Espionage Unveiled: Chinese Firms Target Taiwan’s Tech Secrets Amidst Raids

Taiwan’s Ministry of Justice Investigation Bureau has uncovered illegal operations by Chinese companies in Taiwan, aimed at stealing business secrets and recruiting local tech talent. Following coordinated raids on eight suspected firms, the investigations revealed a network funded by Chinese state-run organizations, targeting critical areas like semiconductor technology, 5G, satellite communication, and green energy. One ...

Market News

ONDC Triumphs: Revolutionizing E-Commerce, Empowering 6 Lakh Indian Sellers!

ONDC Triumphs: Revolutionizing E-Commerce, Empowering 6 Lakh Indian Sellers!

The Open Network for Digital Commerce (ONDC), an initiative by the Indian government, has been recognized with a gold award for its innovative use of emerging technologies. Aimed at enhancing e-commerce, ONDC supports over 6 lakh sellers across India, promoting small businesses, artisans, and entrepreneurs to thrive in the digital marketplace. The platform facilitates over ...

Market News

Health Scandal Unfolds: Arrests Follow Medic’s Shocking Death in Bengal

Health Scandal Unfolds: Arrests Follow Medic’s Shocking Death in Bengal

The West Bengal health department has suspended Sandip Ghosh, the former principal of RG Kar Medical College and Hospital, following his arrest by the CBI for alleged financial misconduct. This action comes about a month after the body of an on-duty woman doctor was discovered in the hospital, raising concerns about possible links between her ...

Market News

Urgent Polio Vaccination Campaign Launched Amid High Risk in Gaza

Urgent Polio Vaccination Campaign Launched Amid High Risk in Gaza

The World Health Organization (WHO) has successfully vaccinated over 161,000 Palestinian children in Gaza against polio within just two days, surpassing its target. This urgent campaign was prompted by the high risk of poliovirus type 2 infections in the region. Dr. Rick Peppercorn, WHO representative in the Palestinian Territories, reported that vaccination efforts were particularly ...

Market News

Pakistan’s Tax Battle: Finance Minister Urges Traders Amid Protests

Pakistan’s Tax Battle: Finance Minister Urges Traders Amid Protests

Pakistan’s Finance Minister Muhammad Aurangzeb recently urged traders to comply with tax regulations to help strengthen the country’s struggling economy. During a press conference in Islamabad, he highlighted that while the government’s tax revenue rose by 29 percent last year, the tax-to-GDP ratio remains low at 8.8 percent, far from the sustainable target of 15 ...

Market News

Chouhan Unveils Rs 750 Crore Fund to Revolutionize Indian Agritech Startups

Chouhan Unveils Rs 750 Crore Fund to Revolutionize Indian Agritech Startups

Union Agriculture Minister Shivraj Singh Chouhan recently launched a Rs 750-crore fund called ‘AgriSure’ to support agritech startups and promote investment in agriculture. This initiative comes alongside the approval of seven schemes for the agriculture sector worth nearly Rs 14,000 crore. The newly introduced KrishiNivesh Portal aims to centralize investment opportunities and provide vital information ...

Market News

Maruti Suzuki’s Rs 3 Crore Gesture: A Lifeline for Flood Victims

Maruti Suzuki’s Rs 3 Crore Gesture: A Lifeline for Flood Victims

Maruti Suzuki India has made a significant donation of Rs 3 crore to the PM CARES fund to aid in flood relief efforts across various states. This contribution is part of the company’s commitment to support the government’s initiatives for relief and rehabilitation in communities impacted by natural disasters. Hisashi Takeuchi, MD and CEO of ...

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