Business

The second day of the Emerging Science & Technology Innovation Conclave (ESTIC 2025) witnessed a vibrant display of innovation and enterprise at PitchX @ ESTIC 2025 that brought together some of India’s most promising DeepTech startups and leading investors. Over 20 pioneering startups pitched cutting-edge technologies before distinguished investors from PeakXV, Yournest, FAST India, IIMA Ventures, and Silver Needle Ventures (SNV) Fund. The event reflected India’s growing momentum in DeepTech entrepreneurship and its vision to translate scientific research into scalable…

A European Union sanctioned tanker has unloaded a shipment of Russian naphtha at the Adani Group–run Mundra Port in western India, ship-tracking data showed on Tuesday. It is the first such incident since the company imposed a ban on blacklisted vessels. According to data from Kpler and LSEG, the medium-range tanker Prometei discharged around 30,000 metric tonnes (about 260,000 barrels) of Russian naphtha for HPCL-Mittal Energy Limited (HMEL). Two industry sources confirmed that the cargo had been loaded at Russia’s…

India’s tea production experienced a decline in September 2025, falling 06% year-on-year as adverse climate conditions impacted key growing regions, particularly in Tamil Nadu and parts of North and South India. According to data released by the Tea Board, monthly tea output dropped to 159.92 million kilograms, from 169.93 million kilograms recorded in September 2024. The North Indian region, which accounts for the majority of the country’s tea production, registered a 5.61% decline in output to 138.65 million kilograms, compared to…

IndiaAI Mission Laying Foundations for a World-Class AI Ecosystem through Affordable Computing, Quality Datasets, Foundation Models, Startup Enablement, and Trustworthy Governance Frameworks MeitY Hosts Panel Discussion on Artificial Intelligence at Emerging Science, Technology & Innovation Conclave (ESTIC) 2025 DeepTech Leaders at ESTIC 2025 Call for Responsible and Inclusive Growth of India’s AI Ecosystem through Infrastructure Expansion, Indigenous Models, Ethical Governance, and Global Partnerships The Ministry of Electronics and Information Technology (MeitY), Government of India, convened a high-level Panel Discussion on…

“Strengthening India’s Cooperative Ecosystem” Introduction Gujarat State Cooperative Marketing Federation Limited (GUJCOMASOL) in Gujarat, the Lahoul Potato Growers Cooperative Society in Himachal Pradesh, the Jharkhand Women’s Self-Supporting Poultry Cooperative Federation, and the Vitthalrao Shinde Sahakari Sakhar Karkhana in Maharashtra – these successful cooperative models exemplify the strength and reach of India’s cooperative movement. Behind their success stands the National Cooperative Development Corporation (NCDC), a statutory organisation under the Ministry of Cooperation, Government of India, established in 1963. The objectives and functions of NCDC include:…

The Financial Action Task Force (FATF) is an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions. The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system. The FATF monitors the progress of its members in implementing necessary measures, reviews money laundering and terrorist financing techniques and counter-measures, and promotes…

Nov 2025 : OpenAI has entered into a landmark $38 billion, seven-year cloud infrastructure partnership with Amazon Web Services, marking one of the largest cloud deals in the history of artificial intelligence. The agreement, announced Monday, gives the ChatGPT maker access to massive computing resources as it races to scale its next generation of frontier AI models. Under the deal, OpenAI will tap into hundreds of thousands of Nvidia GPUs hosted on AWS, as well as tens of millions of…

Shri Sanjay Garg, a senior civil servant of IAS-1994 batch from the Kerala cadre, has assumed charge as the Director General of the Bureau of Indian Standards, the National Standards Body of India, with effect from 1 November 2025. Shri Garg brings vast and diverse administrative experience spanning over three decades with expertise in strategic planning, policy formulation and implementation across various sectors including agriculture, food logistics, defence industry sector, industrial promotion, finance and various social sectors at State and…

When choosing which Jet to go for, airlines have to consider their commercial viability. This judgment includes comparing each aircraft’s list prices, alongside their standard operating costs. Comparing the List Prices – The A350 has two variants, the A350-900 and the longer A350-1000. The -900 has a list price of $317 million. Meanwhile, the A350-1000 has a list price of $367 million. Two of the three Boeing 787 Dreamliner variants are substantially cheaper. The list price for the smallest variant, the…

Nov 2025 : The Central Consumer Protection Authority (CCPA) has passed final orders against Dikshant IAS and Abhimanu IAS imposing penalty of ₹8,00,000 each for indulging in misleading advertisements, unfair trade practices and violation of consumer rights under the Consumer Protection Act, 2019. The decision was taken to protect and promote the rights of consumers as a class and ensure that no false or misleading advertisement is made of any goods or services which contravenes the provisions of the Consumer Protection…