Rakesh Kumar

Domestic oil exports earnings up 60 per cent to USD 86 billion in Apr-Jan FY23

From April 2022 to January 2023, the Netherlands ($8.9 billion) the UAE ($6.6 billion), and the US ($4.8 billion) were the top buyers of petroleum products from India.

21 Mar 2023

OMCs will benefit from low crude prices: Experts

Anuj Gupta, VP-Research at IIFL Securities, expects the crude to go down further and could test $65 to $70 levels very soon.

17 Mar 2023

Russia shipped 40 per cent of India’s crude imports in Feb, says IEA report

In a bid to stop Russia from making a profit on crude, a key source of its revenue, western countries had put a price cap on its oil export.

16 Mar 2023

IOC, NTPC JV to set up renewable energy plants

IOCL is expanding its portfolio in renewable energy to achieve Net Zero emissions by 2046, and its 650MW additional power requirement of new projects will be met from renewable energy.

16 Mar 2023

Government exploring credit lines for Indian start-ups: IT Minister Rajeev Chandrasekhar

Information technology  (IT) minister Rajeev Chandrasekhar on Tuesday assured start-ups that government is laser-focused on helping them tide over this crisis.

15 Mar 2023

India imported 186 MT coal in FY23: Govt data

Coal is the mainstay of energy and it contributes about 70% of the total power generation in the country. India is the second largest coal producer but also the second largest importer in the world.

14 Mar 2023

Hydrogen mission: Long way to go

“The National Green Hydrogen Mission will facilitate the transition of the economy to low-carbon intensity and reduce dependence on fossil fuel imports," said finance minister Niramala Sitharaman.

12 Mar 2023

Digital India Bill: Smartwatches, other wearable devices to be under regulation 

The Bill, which will replace Information Technology Act (IT Act) 2000, will mandate the consumers for these products to go through ‘strict KYC’ process.

11 Mar 2023

Centre takes steps to avert power shortage in summer

The ministry has received committment from railways to provide 418 rakes to transport coal and directed all imported coal-based plants to run at full capacity.  

10 Mar 2023

BSNL’s 4G launch likely this month

The telco has tested indigenous 4G, developed in collaboration with TCS and C-DoT, on 10 million calls simultaneously.

09 Mar 2023

Telecom PLI scheme attracts Rs 1.2K cr investment

The scheme, which was notified in 2021, also gave employment to 11,000 people in the telecom sector. 

08 Mar 2023

Confusion prevails over Foxconn’s plan to set up unit in India

Taiwanese electronics giant, contract manufacturer of Apple smartphones, has written two separate letters to Telangana and Karnataka governments on its plans

07 Mar 2023

Govt panel on social media: Experts sceptical of efficacy

Microblogging site Twitter said it had received 755 complaints from users in India through its grievance redressal mechanisms from October 26 to November 25, 2022. It has banned 45,589 accounts.

05 Mar 2023

iPhone maker Foxconn to set up plant in Bengaluru

This announcement came after Foxconn Chairman Young Liu visited India and met PM Modi earlier this week.

04 Mar 2023

New govt portal to address your social media grievances

The GAC was one of the provisions in the recently amended Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021.

01 Mar 2023

‘Apple created 1 lakh jobs in India’

Last month (January 2022), Union Minister of Commerce and Industry Piyush Goyal said Apple Inc is planning to ramp up its production in the country from 5-7% to 25%.

01 Mar 2023

‘All smartphone makers must follow law of the land’

Madhav Sheth, CEO, Realme India and president at Realme International Business Group, gets candid with The New Indian Express.

20 Feb 2023

TRAI to make service quality standards more stringent for telcos

TRAI on Friday held a meeting with major telecom service providers (TSPs), and directed TSPs to take urgent steps to demonstrate improvement in quality of service and experience by consumers.

18 Feb 2023

We export 50% of telecom gear made in India, says Nokia 

Finnish telecom gear maker Nokia is growing its manufacturing capacity in India, and increasing its investment under the Production-linked Incentive (PLI) scheme. 

17 Feb 2023

No 5G rollout unless funding in place, says VIL

On payment to vendors, it said the Board approved issuance of Optionally Convertible Debentures amounting to Rs 1,600 crore to American Tower Corporation India.

16 Feb 2023

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