MEPZ Tambaram: ₹500 crore to be spent to improve infrastructure
Infrastructure at the Madras Export Processing Zone (MEPZ) Tambaram is being spruced up with a sum of ₹500 crore in the two yeas to be spent on various initiatives, including laying of duct for nearly 17 km across the campus, said Alex Paul Menon, Development Commissioner, MEPZ Special Economic Zone.
‘Polar vortex’ forces Trump 2.0 inauguration indoors as weathermen predict ‘dangerous cold climes’
Massive disruption in winter weather engineered by a ‘polar vortex’ will pump a blast of frigid air into eastern parts of the US, rendering Donald Trump’s second inauguration as President the coldest in at least 40 years, according to weathermen. “Heading into the evening on Monday, the polar vortex will
Heavy rain forecast for parts of Tamil Nadu as easterly winds across Bay gathers heft from a trough off coast
India Meteorological Department (IMD) has said heavy rain (≥7 cm) may lash isolated places over the South Peninsula across Tamil Nadu, Puducherry & Karaikal and Kerala & Mahe on Sunday as a trough of low-pressure parked itself off the Tamil Nadu coast. Thunderstorms accompanied with gusty winds, and lightning may prevail
‘India poised to develop world’s shortest-duration mustard variety without losing yield’
Mustard production this year may be lower, but productivity will not be lower than the previous year’s 1.44 tonne per hectare, said P K Rai, Director of the Bharatpur-based Indian Institute of Rapeseed-Mustard Research. He also said that ICAR is in the process of developing short-duration varieties to combat the
India allows 1 mt sugar export amid limited surplus
The government has allowed export of 1 million tonnes (mt) of sugar, sources said, to help mills realise better rates amid falling prices in the domestic market. Both the Indian Sugar and Bio-Energy Manufacturers Association (ISMA) and the National Federation of Cooperative Sugar Factories were insisting that exports be permitted
Union Budget: Space sector seeks PLI scheme, tax holidays, more use of satellite data
India’s space sector wants the government to spend more on space-based services, slash taxes to spur growth of start-ups and introduce a production-linked incentive scheme for them in the Union Budget. The sector has put forward its demand ahead of the Union Budget for 2025-26 on February 1. The Indian
Electrification, clean energy tech, road safety among key themes of Bharat Mobility Expo 2025
Electric vehicles (EVs) and clean energy technologies besides road safety seem to be the key theme of the Bharat Mobility Global Expo 2025, which opens for the public on Sunday. The Expo comes at a time when consumers are keen to understand their future mobility choices and the government is strongly
India emerging as a major pole in global economy with which Singapore intends to collaborate, says President Tharman Shanmugaratnam
Singapore President Tharman Shanmugaratnam on Saturday said India is emerging as a major pole in the global economy with significant potential as an export economy and is a nation Singapore aims to deepen its collaboration with. Speaking to reporters while wrapping up his two-day tours to Odisha, Shanmugaratnam said, “Singapore
Govt may outperform fiscal target at 4.8 per cent of GDP in FY’25 on lower capex, say foreign banks’ economists
Ahead of budget 2025-26, Foreign banks, brokerages and consultancies expect the government to likely outperform on its FY25 fiscal consolidation target, closing the year at 4.8 per cent of GDP versus 4.9 per cent budgeted for the current fiscal. The main reason for the outperformance could be weaker than budgeted public
India’s mobility market to double by 2030, driven by EVs and digital transformation
India’s mobility industry is poised to double and cross $600 Bn by 2030, according to the Think Mobility Report by Google and Boston Consulting Group (BCG). The report highlighted that growth in the sector will be driven by both traditional and emerging revenue pools, departing from global trends. It also