said on Tuesday.... Welcoming the government’s push for capital expenditure( capex), Narendran

Ahead of the Union Budget 2022-23, industry bodies advised Finance Minister Nirmala Sitharaman and top Budget makers that the government continue its thrust on public investment in infrastructure( infra) and capital expenditure( capex) to enable sustained economic recovery. Sitharaman and her officials, including Finance Secretary T V Somanathan, Revenue Secretary Tarun Bajaj, and Economic Affairs Secretary Ajay Seth, held pre-Budget consultations with industry bodies, such as the Confederation

KUALA LUMPUR: In its endeavour to intensify green technology adoption, the national sewerage company, Indah Water Konsortium Sdn Bhd( IWK) will install solar photovoltaic( PV) system in 53 of its identified assets, with projected savings for the next 15 years close to RM20mil. The installation of the solar system will be done in stages, and for its first phase, work expected to immediately commence next month in 19 sewage treatment plants( STPs) nationwide, and subsequently the remaining 34 STPs

Commerce and Industry Minister Piyush Goyal on Thursday appealed to steel makers for assessing manufacturing costs and exploring possibilities of offering relief to small industries that use the commodity for producing components and other engineering products. The issue was discussed in a meeting held here involving representatives of steel industry and actual industry. The meeting was convened to address the issues raised by small industries and exporters about steel input prices. Speaking on

Finance Minister Nirmala Sitharaman on Monday assured India Inc that liquidity is no longer a major concern for the economy.... She said that from October 15 the government would kick-start a credit outreach programme. The move is likely to give impetus to economic recovery during the festive season and also ensure availability of credit for sectors like export.... This has resulted in a higher average surplus of over Rs six trillion in the banking system. Sitharaman added that the announced d

Birlasoft on Monday said it is establishing a Generative Artificial Intelligence( GenAI) Centre of Excellence( CoE) with Microsoft for solutions across manufacturing, life sciences, energy and BFSI.... The spokesperson added that Birlasoft will select 500 of its consultants across locations based on their profiles for upskilling them in Gen AI operations in the initial phase of this training.... The trainings will be conducted in a hybrid mode by Microsoft specialists, Birlasoft domain experts

The talks with Mongolia are progressing( for the supply of coking coal).... Economies have been affected globally by the pandemic and India has been no exception." However, Indian economy rebounded back very quickly and steel industry also was put back on rails with the revival of domestic demand growth.... Our low debt-equity ratio of about 0.44 gives us the confidence and the opportunity to embark on this next phase of capacity expansion." We would put more thrust on operational efficiency,

Industry has played an important role in India's growth, Modi added." All friends and organisations in industry are a major part of India's growth story.... India, which was once apprehensive of foreign investment, is today welcoming all types of investments.... India is taking major leaps in ease of doing business ranking today....

Indian economy is all set for a strong rebound in the current fiscal posting a growth rate of 9-10 per cent, says a CEOs poll conducted among the members of the CII National Council.A large number of CEOs polled, however, appeared worried about the impact of the new COVID variant Omnicron on services and the manufacturing sector.As regards growth, about 10 per cent of the CEOs polled believe that it could even exceed 10 per cent during 2021-22, the CII said in a release on Sunday. Government's s

IF you have watched some old movies, you have probably seen that side character who carries two wooden buckets using a pole hoisted on his shoulders. That was the night soil collector – the person who carts off the waste-filled buckets from the toilets to be disposed of someplace else. Before the 1950s, this job, which many considered dirty, was commonplace in our society due to the lack of a systematic sewerage network then. This changed in the early 1960s, with the usage of septic tanks and ox