New Delhi, Oct 28: Union Electronics and Information Technology Minister Ashwini Vaishnaw has defended the government’s Production Linked Incentive (PLI) scheme for mobile phone manufacturing, citing significant tax collections and employment generation in response to a Bloomberg analysis questioning the economic benefits of India’s electronics manufacturing strategy. Representational Image In…
Continue ReadingUnion Cabinet Approves INR 7,395 Crore Pradhan Mantri Viksit Gram Swaraj Yojana
New Delhi, Oct 28: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Pradhan Mantri Viksit Gram Swaraj Yojana (PM VGSY), a Centrally Sponsored Scheme with a total outlay of ₹7,395.55 crore for the period 2026–27 to 2030–31. Representational Image The initiative aims to strengthen grassroots governance,…
Continue ReadingSpiro and ESP kick off pilot programme in Rwanda, aiming to support 5,000 women entrepreneurs across Africa
KIGALI, RWANDA | Oct 28 – Spiro, Africa’s leading electric mobility company, and Entrepreneurial Solutions Partners (ESP), a pan-African firm specialising in entrepreneurship development, have launched the Women in E-Mobility programme in Rwanda, an initiative designed to help women become professional electric motorcycle riders, develop their own businesses and…
Continue ReadingUnion Cabinet Approves 3% DA Hike for Central Government Employees, Pensioners
New Delhi, Oct 28: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a 3% increase in Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners, providing additional financial support to millions of beneficiaries amid rising living costs. Representational Image The revised rates will…
Continue ReadingCyclone Arnab: Sulphur-Laden Cargo Ship Runs Aground Off Andhra Pradesh Coast
Antarvedi, Oct 28: A cargo vessel carrying sulphur has run aground near Antarvedi along the Andhra Pradesh coast after reportedly losing engine power and drifting off course amid severe weather conditions associated with Cyclone Arnab. Representational Image According to port officials, the vessel was sailing from Visakhapatnam when its engine…
Continue ReadingUnion Cabinet Approves ₹10,000 Crore Container Manufacturing Promotion Scheme
New Delhi, Oct 28: The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the ₹10,000 crore Container Manufacturing Promotion Scheme (CMPS) to establish a globally competitive container manufacturing ecosystem in India, reduce dependence on imports and strengthen the country’s supply-chain resilience. Representational Image The scheme will remain in…
Continue ReadingSensex Falls 353 Points as IT and Energy Stocks Weigh on Markets; Auto, Banking Shares Offer Support
Mumbai, Oct 28: Indian stock markets ended lower on Wednesday as selling pressure in information technology and energy shares weighed on benchmark indices. However, renewed buying in automobile and banking stocks helped the Sensex and Nifty recover from their intraday lows, limiting the overall losses. The BSE Sensex closed at…
Continue ReadingSubmer and Aginode sign collaboration agreement to strengthen AI data centre delivery across the Middle East, Africa and Turkey
The agreement brings connectivity and power distribution into AI infrastructure projects from the earliest design stage Dubai, United Arab Emirates, Oct 28: Submer, a full-stack AI and HPC data centre infrastructure provider, today signed a collaboration agreement with Aginode, a global specialist in physical connectivity and power distribution for…
Continue ReadingNoatum Logistics Accelerates GCC Growth by Doubling Its Trucking Fleet to Over 850 Units
The expansion strengthens cross-border connectivity while boosting customer control, flexibility and business continuity across regional supply chains Abu Dhabi, UAE – Oct 28: Noatum Logistics, the logistics arm of AD Ports Group (ADX: ADPORTS), is accelerating its regional growth strategy by doubling its trucking fleet to more than 850…
Continue ReadingSecuronix Appoints Essam Ahmed as Senior Sales Director for Middle East and Africa
Appointment strengthens regional leadership as enterprises and governments modernize security operations with governed AI DUBAI, UAE – Oct 28 – Securonix, Inc., a six-time Leader in the Gartner® Magic Quadrant™ for SIEM, today announced the appointment of Essam Ahmed as Senior Sales Director for the Middle East and Africa (MEA). In…
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