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Prime Minister Modi reiterated the commitment to further strengthen bilateral cooperation, including realising the full potential of Chabahar Port as a connectivity hub. Prime Minister Modi highlighted that the India-Iran relationship is underpinned by close historic and civilisational connections, including strong people-to-people contact.

Hyderabad, 17 August 2023: Pitti Engineering Ltd., which is into the manufacturing of traction motors and generators, has reported 19.3% growth in net profit for the first quarter at ₹13.97 crore, as compared with ₹ 11.71 crore in the same period last year. The company’s total revenues for the quarter ended June 30, 2023 was at ₹290.71 crore, as compared with ₹311.06 crore in the year-earlier period, down by 6.54%, on account of softening of raw material prices, EBITDA was at ₹42.43 crore as compared with ₹ 35.45 crore, up 19.69%, the highest-ever EBITDA recorded for a quarter. During the quarter the company has achieved highest ever quarterly sales volume of 9,958 MT.

Microsoft is introducing a new punitive framework for Xbox devices to tackle online toxicity among players. This novel system is hinged on a 'Strikes' mechanism, which encompasses varying degrees of severity based on the misconduct. Each instance of inappropriate behavior will lead to a strike, with the potential for cumulative accumulation in cases of recurring violations.

The internet's evolution is rooted in information technology, with its applications catalyzing the growth of the information sector. Over the past half-century, the Internet's journey began as a tool for military communication, evolving into a platform for widespread messaging. Today, the average person seamlessly integrates the internet into their daily life, primarily for information sharing. This widespread adaptability sets the stage for practical applications that cater to specific needs, exemplified by the emergence of the Internet of Medical Things (IoMT). The IoMT flourishes due to advancements in sensor technology, robust data science theories, and the availability of more accessible and user-friendly hardware. The internet's foundation in information technology intersects with sensors, which gather data, subsequently analyzed by programs rooted in data science principles. The growing demand for the Internet of Medical Things underscores its rapid expansion to address critical healthcare needs. Best Professional Courses

Chandrayaan-3's Vikram lander on Friday successfully underwent its first deboosting manoeuvre, said Indian Space Research Organisation (ISRO). The authorities asserted that the lander module's health was normal. «LM successfully underwent a deboosting operation that reduced its orbit to 113 km x 157 km,» said ISRO in a X (formerly Twitter) post.

Narendra Modi said on Friday India is making remarkable progress towards achieving equitable and collective prosperity as he cited some reports to assert the country stands at the cusp of a new era of economic progress and is on course to become developed by 2047. In a post on Linkedin, Modi said he recently came across two insightful research pieces which would interest all those passionate about India's economy: one from SBI Research and another by journalist Anil Padmanabhan.

Mint takes a closer look at ARCs and how they make money. Banks and non-bank lenders use asset reconstruction companies (ARCs) to clear their balance sheet of non-performing assets. Empowered by the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, these institutions act as focussed recovery and turnaround specialists that buy bad debt and pay either in cash or a mix of cash and security receipts.

The Chinese cities of Shanghai and Suzhou are eyeing more digital yuan adoption progress as the nation tries to drive up interest in its CBDC.

Maui County Emergency Management administrator Herman Andaya, criticized by local residents and media over the island's response to the deadly wildfires that killed at least 111 people, resigned on Thursday, officials said. A statement from Maui County Mayor Richard Bissen cited health reasons. «Given the gravity of the crisis we are facing, my team and I will be placing someone in this key position as quickly as possible and I look forward to making that announcement soon,» Bissen said.

Also read: Chandrayaan-3: Critical day for Indian spacecraft today. Here's what will happen National Couple's Day is dedicated to honouring and celebrating couples in romantic relationships. It's an opportunity to acknowledge the love, companionship, and partnership that couples share.

(Reuters) — Federal Reserve Chair Jerome Powell will deliver a talk on the economic outlook on Aug. 25 at the central bankers' confab held each year in Jackson Hole, Wyoming by the Kansas City Fed, the U.S. central bank said on Thursday.

Anthony Joshua aims for consecutive victory as he takes on Robert Helenius at The O2 arena in London. Originally set to rematch Dillian Whyte after almost eight years, Joshua's opponent changed due to Whyte's drug test failure. Helenius, stepping in at short notice, competes in his second fight within a week. Helenius, known as 'The Nordic Nightmare,' rebounded from a prior knockout loss to Deontay Wilder by defeating Mika Mielonen at a historic Finnish castle last Saturday. Facing Joshua, he aims to create a major upset.

Contract negotiations between the country’s largest locomotive manufacturer and its striking unions are continuing in Erie, Pennsylvania, nearly two months after some 1,400 workers walked off the job

Little League World Series, a significant event for young baseball players worldwide, is set to take place from August 16 to 27 in Williamsport, Pennsylvania. It will feature 10 U.S. regional champions and 10 international regional winners, totaling 20 teams. The series consists of 38 games scheduled over a 12-day period, concluding with the championship game on August 27. Viewers can watch the games live on ESPN, ESPN2, or ABC. The tournament will run every day from August 16 to 27, except August 25, which is a designated off-day for the teams. Streaming options include Sling TV via subscription and FuboTV with a free trial. Additionally, games can be accessed on ESPN+ but require a cable login.

drugs used for treatment of rare diseases with pharmaceutical companies including Sanofi, Sarepta and Roche to bring relief to patients who are unable get treatment due to exorbitant prices of drugs. «Discussions relating to pricing and supplies of medicines with various pharma companies are underway,» the government has informed the Delhi High Court that has been hearing a batch of petitions filed by rare disease patients and their caretakers.

MUMBAI : The Indian diamond trade, which produces nine out of 10 of the world’s polished diamonds and employs over 4 million, could face collateral damage from the Russian war. The Group of Seven (G7) nations, an informal bloc of advanced democracies led by the US, is threatening to halt the imports of certain grades of polished diamonds from India that use rough diamonds indirectly sourced from Russia.

Piyush Goyal on Thursday said that there are security concerns involved in the decision to restrict import of laptops. The minister said that there will be no disruption in the availability or the price and the government will be ready to engage with industry and look at other options also. «Here is an issue, which is a serious security matter.

₹1,778 crore, lower by 21%. “Compared with about $65 million sales in Q1FY23, we estimate nil molnupiravir sales by Divi’s in Q1FY24. On an ex-molnupiravir basis, Divi’s topline grew at a disappointing pace of just 1.5% y-o-y," said Kotak Institutional Equities analysts in a 14 August report.

DPAP chairman Ghulam Nabi Azad said a majority of Indian Muslims have converted from Hinduism, adding that an example of this can be found in the Kashmir Valley where a majority of Kashmiri Pandits converted to Islam. Asserting that religion should not used to get political mileage, Azad said whoever takes refuge in religion in politics is weak. «Some BJP leader said some (Muslims) have come from outside and some have not.

Chelsea have agreed to sell defender Lewis Hall to Newcastle United for GBP 28 million. The deal has shocked everyone as the 18-year-old player signed a long-term contract with this club only a few days back.

Planview opened a global capability and innovation centre in Bengaluru and earmarked $125 million in investments for expansion in the region over the next four years. The Texas, US-headquartered company Thursday said the investment will go into hiring and centre operating expenses over the next four years to drive a strong growth trajectory in the country. It also said it had hired around 400 people in the last 12 months.