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Subscribe to enjoy similar stories. Creating Indian brands with ‘priority’ products for the local as well as global markets is likely to be a key focus area of the upcoming national policy on electronics. The aim is to identify and push products with high value addition and design capabilities within the country.

Subscribe to enjoy similar stories. Last week, the Union cabinet approved $251 million ( ₹2,104 crore) for Chandrayaan-4, India’s next lunar mission. Its key aim is to collect lunar rock and soil samples—achieved so far by the US, the erstwhile USSR, and China.

Subscribe to enjoy similar stories. State-run energy companies on the prowl for foreign assets will focus on projects that are already pumping oil and gas or are about to do so, two people aware of the plans said, after the endless wait for supplies from countries where India has made energy investments in the past prompts a rethink. Though it is far cheaper to invest in foreign exploration and production (E&P) projects in their early stages, the timeline to production is lengthy, something India cannot afford given its galloping energy needs, the people said on the condition of anonymity.

Subscribe to enjoy similar stories. Global private equity firm Carlyle is building a $400 million platform in India to acquire and merge auto component makers, two people aware of the plans said. Carlyle may acquire at least two parts-makers by the end of this financial year and two more in the next 12-18 months, the people cited above said on the condition of anonymity, adding it will focus on companies catering to electric vehicles, as well as export-led companies.

Subscribe to enjoy similar stories. Brands that embraced influencers for their reach, authenticity and affordability are recalibrating strategies, as they target maximum bang for their marketing buck. For several consumer brands that swept over YouTube and Instagram thanks to the wide reach of influencers, returns on investment (ROI) are beginning to nag.

Fusion Finance, Warburg Pincus and Creation Investments are planning to recapitalise the country’s youngest microfinance company via a Rs 550-crore rights issue to strengthen its balance sheet as the firm’s provisions for the September quarter are expected to surpass earlier forecasts by up to 58%. Fusion Finance is also initiating a search for a new chief executive to strengthen its senior management bandwidth as part of a larger corporate initiative to improve the asset quality of the loan book, top officials said. “We want to be more proactive rather than be more organic in terms of handling this issue,” Fusion Finance founder Devesh Sachdev told ET.

Subscribe to enjoy similar stories. MUMBAI : If your current job is still in the work-from-home (WFH) mode, you may like to explore Dubai's virtual work visa, which offers anyone working remotely residency for a year. You can explore various sights and scenery—man-made beaches, Burj Khalifa, local food and people—while enjoying a long workcation in the United Arab Emirates (UAE) city.

A Bimol Akoijam raises pointed questions over the Centre's «inaction», suggesting that such a situation would not have been left unaddressed if it happened in states such as Uttar Pradesh and Bihar. In an interview with PTI Videos, Akoijam vehemently criticised the Centre's handling of the situation in Manipur, asking why the government of India was allowing the northeastern state to become like Afghanistan, which he described as a «banana republic». «With 60,000 troops stationed in Manipur, the central government should have prevented this crisis from persisting for so long,» Akoijam stated. «If this were happening in Uttar Pradesh, Bihar, Rajasthan, or Madhya Pradesh, would it have been allowed to linger? Most people would say no,» he added.

IND vs BAN Live Score 1st Test Day 4: Rohit Sharma led team India are just 6 wickets away from a hard-fought victory against the visitors at the MA Chidambaram Stadium in Chennai. While India are generally known to perform well on their home turf, this win will perhaps mean a little more to the skipper after the defeat they suffered in the ODI series against Sri Lanka.

Subscribe to enjoy similar stories. AT DUKES BAR in London there is a limit of two martinis per person. Enrico Chiappini, the head bartender, says that in his 16 years he has made almost no exceptions.

fall, meteorologists say – and that means leaf peepers will have to wait a little while longer.“A trend of above-normal temperatures” is forecasted for the rest of September and October across the country, according to Global News meteorologist Ross Hull.“It’s going to be a warmer-than-normal (fall) for much of the country, especially eastern sections of the country,” Hull said.Dominant air masses and air flows coming up from the United States seem to be influencing these warmer-than-normal conditions, said Geoff Coulson, a warning preparedness meteorologist with Environment Canada.“Many of these air masses, especially in more southern parts of the country, are influenced by air masses coming up from the U.S.

Air India has refunded the airfare to an India-origin CEO who had complained about facilities in the first class cabin during his recent Chicago-Delhi flight. His video showing various shortcomings in the cabin had gone viral. There was no official comment from Air India. «Come with me on the worst first class cabin I have ever been on,» Anip Patel said in a recent video posted on Instagram and also mentioned in detail about his flight. On the social media platform, Patel mentioned that he recently endured a 15-hour non-stop flight from Chicago to Delhi and that it was far from pleasant.

“We are pampered there. Even our diet preferences, like turmeric milk at sundown, are known to the staff,” says Ganapathy, who has retired from Tata Coffee. For the couple, familiarity breeds comfort. They stay for 10-15 days at a stretch at the hotel. “We get personalised service and even assistance with unpacking,” says Jemmy.

Ontario Provincial Police say they have uncovered a door-to-door sales fraud operation that victimized more than 200 older and vulnerable residents in Ontario.

The Republican-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans say would force Americans to buy unaffordable electric vehicles they don’t want

Inflation is back at the coveted two per cent annual rate.Wage hikes have outpaced inflation for 19 months in a row.The Bank of Canada is three rate cuts into an easing cycle, with no signs of stopping anytime soon.The recent run of positive economic news had the Liberal government — long challenged by an affordability crisis in Canada — celebrating in the House of Commons this week.Finance Minister Chrystia Freeland on Tuesday hailed the August inflation report as “good news for Canadians” and the “light at the end of the tunnel” after years of surging prices and pandemic-related disruptions in the economy.RBC assistant chief economist Nathan Janzen tells Global News that there’s indeed reason to celebrate as price stability shows signs of returning and the Bank of Canada unwinds from the most rapid tightening cycle in its history.But he also warns that focusing on inflation and rate cuts may ignore economic pain looming for Canadians around the corner.“Light at the end of the tunnel, silver lining, whatever the phrase you want to use is, it’s important to remember that what we’re seeing in terms of inflation and the interest rate cuts is a result of a softening Canadian economy,” Janzen says.“So it’s not all great news.”Quick refresher on how all of these dynamics play together: when inflation is trending away from the Bank of Canada’s two per cent target, the central bank will raise its policy rate in an effort to rein in rampant price growth.Higher interest rates raise the cost of borrowing for Canadians, businesses and governments.

Nifty can continue its upward momentum towards 26,000, the next major call concentration area. At this point, one should trail a stop loss towards 25,550 to hold long positions. 26,000 is the immediate target, which could be achieved in the next couple of trading sessions,” says Rajesh Palviya, SVP Research (Head Technical & Derivatives) Axis Securities. Edited excerpts:

MG Motor India on Saturday revealed the prices for its latest launch, the MG Windsor. The «intelligent» crossover utility vehicle, and India's first, as MG calls it, will carry a starting price tag of Rs 13,49,800 (Ex-Showroom). This price includes the battery cost as well. MG Motor India had on September 11 launched the all-electric Windsor EV, marking a significant addition to its electric vehicle portfolio. It had said the Windsor EV would be priced starting at Rs 9.9 lakh. However, that price excludes the battery. The car will have three variants: Excite, Exclusive, and Essence, priced (ex-showroom) at Rs 13,49,800, Rs 14,49,800, and Rs 15,49,800, respectively.

senior citizen earn a regular pension of Rs 1 lakh every month after retirement? A common question that is often asked by those who are about to retire. While investing your hard-earned money, you need to plan well and consider multiple factors — inflation, your risk appetite, how much return it will deliver, how much tax you have to pay, how liquid your investment is, etc. Keeping all these factors in mind, ET Wealth Online tries to derive a retirement plan for senior citizens that can fetch a Rs 1 lakh monthly pension.

Indian Navy have decided to significantly bolster the force's combat prowess in the Indian Ocean against the backdrop of China's increasing forays into the region and geopolitical power play being witnessed in the Indo-Pacific. The decision to enhance India's combat capabilities in the maritime sphere following extensive deliberations at a four-day naval commanders' conference that concluded here on Friday, officials said. In his address to the commanders, Navy Chief Admiral Dinesh K Tripathi underlined the need to maintain vigil towards ensuring maritime security and coastal defence through close synergy and functional linkages with the Coast Guard and other maritime agencies. The admiral called on commands and staff at the naval headquarters to continue evolving as a well-balanced multi-dimensional seamlessly networked force ready to respond, protect and promote the national maritime interests — «anytime, anywhere, anyhow», according to the Navy.

value investing style has stood out, as ICICI Prudential's Rs 50,000 crore Value Discovery Fund has grown at a staggering pace of 21% CAGR. An investment of Rs 10 lakh made at the time of the scheme's inception in August 2004 would now be worth around Rs 4.67 crore. S Naren, CIO of ICICI Prudential AMC, who has been running the fund for the last 2 decades, says value investing has remained relatively uncrowded over the years.