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unicorns in India, or startups with valuation exceeding $1 billion, met with commerce and industry minister Piyush Goyal on Wednesday. The discussion focused on the growth trajectory of the Indian startup ecosystem, the role of domestic capital in nurturing and scaling startups and India's position in the international startup landscape.

Investing.com — Economic activity was little changed since in recent weeks as consumer spending over the holiday period met expectations across most districts in the U.S. even as consumer grow more sensitive to higher prices at a time when the labor market continues to show signs of cooling, according to the Federal Reserve's Beige Book released Wednesday.

shipping companies to notify authorities about any vessels with Indian seafarers taking the troubled Red Sea route and will also ensure easier flow of credit to exporters in view of delays and increase in cargo transport costs. New Delhi is also in talks with Iranian authorities to find a diplomatic solution, officials said. A high-level inter-ministerial group chaired by the commerce secretary Sunil Barthwal, which has officials from ministries of external affairs, defence, shipping ministry and finance, met Wednesday to take stock of the situation and undertake measures to shield domestic industry and ships from the crisis. «MEA is negotiating diplomatically with affected countries to find a credible solution soon,» a government official privy to the deliberations told ET. Another official noted that security protocols had been put in place to secure the troubled route with international collaboration. The official said shipping companies have been directed to notify authorities before they venture towards Europe via the troubled Red Sea route. These protocols have been put in place to ensure safety of Indian seafarers irrespective of the flag on the vessel they are on. At the IMG meeting, defence ministry official said surveillance had been intensified in the Arabian Sea and more mechanisms had been put in place. «Since the route is jointly secured by Western nations and India, the shipping companies now need to take a call on how much movement they want to undertake on the Red sea,» the official said on condition of anonymity, while adding that even if shipping companies do not notify, the government was closely monitoring all activity on the route. Focus on credit support The centre wants to ensure

India's top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota for lower levies, according to three sources and a company letter. India is promoting electric vehicles (EV) as part of Prime Minister Narendra Modi's drive to reduce pollution, taxing them at just 5%, while the levy on hybrids is as high as 43%, just below the 48% imposed on petrol cars. That has upset the likes of Japanese automaker Toyota, which popularised hybrids with the Prius, and has since last year been urging India to cut taxes on them, saying they reduce carbon emissions compared to gasoline cars.

NEW DELHI : India's top electric car maker Tata Motors is urging the government not to cut taxes on hybrid cars as they are more polluting than pure electrics, countering calls from Toyota for lower levies, according to three sources and a company letter. India is promoting electric vehicles (EV) as part of Prime Minister Narendra Modi's drive to reduce pollution, taxing them at just 5%, while the levy on hybrids is as high as 43%, just below the 48% imposed on petrol cars.

By Leika Kihara

automobile industry will have the highest contribution to the country's rise as the third largest economy, Heavy Industries Minister Mahendra Nath Pandey said Tuesday. Speaking at the auto Production Linked Incentive (PLI) conclave in New Delhi, he said, «India is today the fifth largest economy in the world and soon India will be the third largest economy in the world.

Rahul Gandhi who resumed his Bharat Jodo Nyay Yatra from Nagaland's Kohima on Tuesday said that the idea of his Yatra is to make sure that even if people are from a small state, they should feel equal to all people in the country. «It doesn't matter if you're a small state; you should feel equal to all other people in the country. That is the idea of the Bharat Jodo Nyay Yatra.

India may only result in mild gains for the rupee as the nation’s central bank will likely continue to grip the currency tightly. On its own, the stars are aligned for the rupee — prospects of large bond and stocks inflows on the back of JPMorgan Chase & Co’s inclusion of Indian debt in its emerging market index as well as a global risk-on sentiment. Yet analysts are reluctant to call a sizeably stronger rupee, which has traded within a very narrow range over the last year despite large inflows into India’s equity and debt markets. While the central bank seems to have eased a bit on its intervention lately — the rupee has turned into Asia’s top performer so far this month — limiting the swings in the currency may continue to be a prime focus. “The Reserve Bank of India will let the rupee appreciate only gradually,” said Dhiraj Nim, economist and forex strategist at Australia & New Zealand Banking Group.

Narendra Modi had a telephone conversation on Monday with the President of the Russian Federation, Vladimir Putin and decided to create a roadmap for future initiatives. The two leaders reviewed progress on a number of issues of bilateral cooperation in follow-up to recent high-level exchanges between the two countries, according to officials here.

S Jaishankar announced that the Government of India has decided to include Farsi (Persian) as one of the nine classical languages in India under the New Education Policy. «The government of India has decided to include Farsi as one of the nine classical languages of India in our New Education Policy,» said Jaishankar, highlighting the cultural, literary, and linguistic connections between Iran and India. Jaishankar, who is on a two-day visit to Iran, made the above remarks during a joint press conference with his Iranian counterpart, H Amir-Abdollahian on Monday. This recognition reflects a commitment to fostering greater understanding and appreciation of Farsi's rich heritage within the Indian educational framework. Tamil was the first language in India to be accorded classical language status in 2004.

Manipur chief minister N Biren Singh said that this is not the time to hold rally as Congress leader Rahul Gandhi started Bharat Jodo Nyay yatra from Manipur on Sunday. Biren said last time when Rahul came there was trouble in Manipur however people are alert and there won't be fresh trouble this time.When the situation is getting better in Manipur, Rahul Gandhi and other Congress leaders are trying to make the situation more complicated, he alleged. «Considering prevailing situation in the state, is it a time for politics by holding a rally? This is the hour of protecting lives and properties, and providing comfort and relief,” Singh told the media on the sideline of a programme in Imphal on Sunday. Terming Bharat Jodo Nyay Yatra as ‘Bharat Todo’ (break India) yatra instead, he claimed that the situation in Manipur is gradually getting better and normalcy being restored. »Whenever he (Gandhi) comes, problems crop up. If he comes, we have to be careful and alert so that he does not mess with the situation," Singh said. Gandhi visited Manipur for two days in June last year, weeks after the violence broke out in the state on May 3, and visited a few districts and met the affected people lodged in relief camps. When asked as to why the yatra was not allowed to be lunched from Imphal, Biren said, «No rally is allowed in Imphal.

A volcano has erupted in southwestern Iceland for the second time in less than a month, sending semi-molten rock spewing toward a nearby settlement

S Jaishakar on Monday met Iran's Minister of Roads and Urban Development and discussed on establishing a «long-term cooperation framework» for Chabahar port, a strategic maritime facility situated on the southereastern coast of Iran. EAM Jaishankar is in Iran as part of the ongoing high-level exchanges between the two sides, according to the Ministry of External Affairs. «Began my engagements in Tehran by meeting Minister of Roads and Urban Development @mehrdadbazrpash.

dry winter, with no snowfall and unusually high temperatures, in the coldest parts of Kashmir has adversely impacted the tourism sector in the Valley. Adventure tourist arrivals have hit rock bottom. The Valley is disturbingly warmer than other places in northern India.

NEW DELHI : The Maldives has asked India to withdraw its troops stationed in the country by 15 March, said Abdulla Nazim Ibrahim, a top aide to President Mohamed Muizzu, at a press conference on Sunday. “Indian military personnel cannot stay in the Maldives. This is the policy of President Dr.

seat sharing between the BJP and the Janata Dal (S) in Karnataka are complete and an announcement is likely to be made later this month. Sources in BJP told ET that the party is willing to give two Lok Sabha seats — Hassan and Mandya — to the JDS and may promise one Rajya Sabha seat as a bonus to the ally. In 2019, the JDS had contested in alliance with the Congress.

(Reuters) — Chinese electric car-maker BYD (SZ:002594) has held talks with Brazil's Sigma Lithium (TSXV:SGML) over a possible supply agreement, joint venture or acquisition, the Financial Times reported on Sunday.

bilateral initiatives aimed at further strengthening the seamless cross-border connectivity, as the officials from the two sides met to discuss ways to fortify the economic and commercial linkages. The India-Nepal Inter-Governmental Sub-Committee (IGSC) on Trade, Transit, and Cooperation to Combat Unauthorised Trade convened its latest session in Kathmandu on January 12-13.

Shaun Marsh on Sunday announced his retirement from all forms of cricket with Melbourne Renegades' final game of the BBL season against Sydney Thunder to be the last of his career. «I have loved playing for the Renegades, I've met some great people over the last five years and the friendships I've made will last a lifetime. This playing group is special.

Sugarcane features prominently in Pongal and other Indian festivals at the start of the year. My early memories of Pongal in Chennai are mostly about waiting for the two tall stalks my grandmother tied outside the front door to be chopped up, so we could chew it for the juice.