India

12 Apr

India Withdraws Key Trade Facility for Bangladesh

Sonakshi SarkarIndia

India has revoked the transshipment facility that allowed Bangladesh to export goods to third countries through Indian land borders. Introduced in 2020, this route enabled the use of Indian ports and airports, significantly reducing shipping costs for Bangladeshi exporters. The Indian government stated the move was made due to logistical delays and rising costs that hurt its own export competitiveness. While the policy change won’t affect trade to Nepal or Bhutan, it’s a major blow for Bangladesh’s garment industry, which heavily depended on this route for access to markets like the Middle East and Europe. Experts in Dhaka fear this…

19 Mar

Maitri Setu Bridge Set to Enhance Trade Between India’s Northeast and Bangladesh

Sonakshi SarkarIndia

The upcoming inauguration of the Maitri Setu bridge, spanning the Feni River between Bangladesh and India's Tripura state, is poised to significantly enhance connectivity and trade in the region. This infrastructure project will provide northeastern Indian states with direct access to Bangladesh's ports, notably the Chittagong port, located approximately 80 kilometers from Tripura's Sabroom town. The bridge is expected to facilitate economic growth, improve logistics, and strengthen bilateral ties between the two nations. Leaders from both countries have hailed the project as a milestone in regional cooperation and development.

21 Feb

In six months, India will introduce a cancer vaccine for women

Banasree SarkarIndiacancer vaccine

India plans to launch a vaccine to prevent breast, oral, and cervical cancers in the next five to six months, marking a major advancement in women's health. Through targeted targeting of proteins that promote tumor growth, the state-of-the-art immunotherapy may strengthen the body's own immune system against cancer. To enhance early detection, women over 30 will get routine cancer screenings at hospitals in addition to the immunization campaign. To better support women's health and ensure prompt treatment, plans are also underway to open childcare cancer facilities. The introduction of this cancer vaccine could be a game-changer in India's fight against…

12 Oct

Attacks against Hindus in Bangladesh is increasing, Indian government condemns

editorIndia

Hindus in Bangladesh are being attacked during Durga Puja celebrations, India has expressed it's serious concern into the matter urging the Bangladeshi government to protect the Hindu minorities. A crown was also being theft from Jeshoreshwari Kali temple in Satkhira, in Bangladesh. The Ministry of External Affairs (MEA) condemned the situation. The MEA in a statement said, "We call upon the Government of Bangladesh to ensure the safety and security of Hindus and all minorities and their places of worship, especially during this auspicious festival time." However, attacks record against Hindu minorities in Bangladesh has been increasing since the violence…

08 Jul

Major arms bust in Imphal East: Indian Army and Manipur police collaborate successfully

Sonakshi SarkarIndia

In a successful joint operation, the Indian Army and Manipur Police have unearthed a substantial cache of arms and ammunition in Imphal East district. Conducted on Sunday, the operation was initiated following specific intelligence inputs indicating the presence of weaponry in the fringe areas of Imphal East. According to an official release from the Ministry of Defence for Manipur, Nagaland, and Southern Arunachal Pradesh, the operation involved a comprehensive search effort. A joint team comprising Indian Army personnel and Manipur Police conducted extensive searches on July 7th, deploying specialized resources including an Army Explosive Detection Dog due to the challenging…

22 May

PM Modi retweets Zomato CEO Deepinder Goyal’s speech

editorIndia

Deepinder Goyal the CEO of Zomato which was started in 2008. During a recent event organised by Union Minister Hardeep Singh Puri, Deepinder shared about his journey to building his own empire. Deepinder recalled when he was about to start Zomato, his father reacted saying, "Janta hai tera baap kaun hai?"(Do you know who is your father) which means they can't afford for a startup company, due to their humble background. He further added, "But it was this government and their initiatives enabled a small town boy like me to build something like Zomato, which employs lakhs of people today!"…

13 May

Schools in India are receiving bomb threats

editorIndia

Weeks ago bomb threats were sent to150 schools in the Delhi National Capital Region (NCR). Following, the incident, Rajasthan, Jaipur schools have now received the same threat via email. According to the sources, police along with his team have started conducting thorough research on the matter, investigation is underway.

04 May

National Stock Exchange Q4 results: Profit grew up 20% to Rs 2,488 Crore

Priyanka RoyBusiness, Economy, India

The National Stock Exchange (NSE) on Friday reported : 20% year-on-year rise in consolidated net profit at Rs 2,488 Crore for the three months ending March 2024. NSE said in a statement that consolidated operating revenue in the January-March quarter of financial year 2023-24 stood at Rs 4,625 Crore, showing a growth of 34% year-on-year. Apart from trading, the exchange said the total profit was also supported by other revenue lines as well as listing, index services, data services and co-location facility. The NSE board has optional a dividend of Rs 90 per share (pre-bonus) for the financial year ending 2023-24, which…

03 May

Share of Russian crude in India’s imports increment to nearly 40% in April

Priyanka RoyBusiness, Economy, India

Russia increased its share of Indian crude imports from 30% in March to nearly 40% in April, closing at its all-time peak of 42% last July, as higher global oil prices forced Indian refiners to seek concessional Russian oil, inspired to increase barrel intake to reduce their average crude oil purchasing cost. Indian refiners imported 1.78 million barrels per day (mb/d) of crude oil from Russia in April, up 19% from March, according to energy cargo tracker Vortexa.

20 Apr

Top 10 India’s richest people

Ashish MajumderIndia

Recently Bharti Enterprises Chairman Sunil Bharti Mittal, who was the 13th richest Indian at the beginning of 2024, has become India’s 10th richest person with a net worth of $19.7 billion. In fact Mukesh Ambani leads the list with a net worth of $ 112.6 billion. Actually he is followed by Gautam Adani ($97.5 billion), Shapoor Pallonji Mistry ($37.2 billion) and Shiv Nadar ($34.2 billion). This is actually good thing that today people in India want to do business and become a rich person. Actually today India has become a very good place to do business and many people actually…