Direct trains between Srianagr-Delhi expected to run from January 2025
With the railway authorities finalizing the Udhampur-Srinagar-Baramulla Rail Link (USBRL), direct train services between Srinagar and Delhi are expected to begin by January 2025. The ambitious project is set to provide a much-needed shot in the arm to the region’s economy, which has been grappling with militancy and uncertainty for
Stable inflation in best interest of economy, Das says
Price stability is in the best interest of the people and economy, and acts as the bedrock for sustained growth, Reserve Bank of India (RBI) Governor Shaktikanta Das said in his address at the high-level policy conference of central banks from global south being held here today. “Resilient growth has
Synergy Marine uses Agwa’s AI devices to grow fresh vegetables aboard its vessels
Synergy Marine Group has taken steps to grow fresh vegetables on board its vessels. As part of a pilot project, Synergy’s managed Suezmax tanker ‘EFFIE MAERSK’ has been using Agwa’s AI-directed cultivation devices since September. These units, which are about the same size as standard refrigerators or wine coolers, allow
Namma Yatri launches operation in Mangaluru
Namma Yatri, the Bengaluru-based mobility app, has officially launched operations in Mangaluru. A media statement said that the app has received an enthusiastic response from the local driver community after a month-long trial in Mangaluru. With nearly 500 trips completed in November alone, and 300 drivers already on board,
Mindsprint keen to focus on food and agriculture sectors, says its CEO
Leading edge technology and business services firm Mindsprint, earlier known as Olam Technology and Business Services (OTBS), wants to focus more on the food and agriculture sectors as it has “deeper” domain and industry knowledge, its Chief Executive Officer (CEO) Dharmendra Kapoor has said. “We are already in touch with
Global pharma licensing agreements see a slow-down, says report
There is a slow-down in licensing activity, and the global pharmaceutical industry needs to recommit to voluntary licensing (VL) and technology transfers to bridge health inequities, says the 2024 Access to Medicine Index report. In the last two years, non-exclusive voluntary licensing (NE-VL) agreements have dipped to just two (in the
Rapido expands shared mobility services, to launch airport pooling services
Ride-sharing platform Rapido is set to launch airport pooling services, said co-founder and CEO Aravind Sanka. “We are launching airport pool. Our concept is that the transportation has to be accessible and has to be even more affordable. But how do you make it affordable is by making it shared,
Radar Equipment for measurement of speed being included under Legal Metrology Rules: Consumer Affairs Min
The Department of Consumer Affairs (DoCA) on Wednesday said its radar equipment of speed of vehicles will be brought under the ambit of Legal Metrology regulations. It said this will ensure accuracy and standardisation of equipment used to measure traffic speed on roads. DoCA said that radar equipment of speed
India’s services exports to outpace goods by FY30, cut US tech giants’ dominance for growth: GTRI, ETCFO
Representative image New Delhi: India’s services exports are expected to reach $618.21 billion by FY30, edging past merchandise exports, which are projected at $613.04 billion, think tank Global Trade Research Initiative (GTRI) said Wednesday. It said the country needs to diversify its IT exports beyond the US, regulate the dominance
Higher carry forward stocks, low prices impact India’s red chilli acreage this cropping season
India’s chilli acreage would have declined by over a fourth this cropping season as a section of farmers in the key producing States of Andhra Pradesh, Telangana and Karnataka have switched over to other crops such as tobacco, maize and pulses, mainly green gram. Also, the low price trend in