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The Dutch central bank announced on Wednesday that it has moved billions of dollars worth of its gold reserves out of North America in a move it described as “crisis preparedness” in a time of global political unrest. It said that between March and August, some 86 metric tons (94.8 tons) of gold were transferred…
If the summit underlined a critical international message, it was the emergence of China and President Xi Jinping in particular as a powerful competing sphere of influence
India voiced deep concern over the reported destruction of a historic Hindu temple. The Ministry of External Affairs condemned the vandalism against the century-old place of worship. India noted the apparent apathy of authorities and failure to protect the temple. The government called for a prompt and transparent investigation into the incident. Pakistan must take…
Abhay Karandikar says nuclear energy should get access to green finance, while India must build specialised skills and capacity to achieve its 100 GW target by 2047
Incessant rains lashed several parts of Bihar over the past 24 hours, causing water levels in major rivers to rise and prompting authorities to remain on alert, officials said on Wednesday. All 69 gates of the Sone Barrage at Indrapuri in Rohtas district have been opened to facilitate the flow of water and help control…
Oil giant Chevron is confirming that it will expand its operations in Venezuela, just days after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the Pentagon a stake in the profits. Chevron said Wednesday that it has been assigned additional acreage in the Orinoco Belt, where the company…
India’s biennial aerospace exhibition Aero India will be held at Yelahanka on the outskirts of Bengaluru from February 8-12 with an aim to project the country as a hub for defence manufacturing. Aero India has emerged as a flagship international event showcasing the nation’s growing capabilities in aerospace, defence manufacturing, emerging technologies and innovation. “Aero…
The Civil Aviation Ministry is exploring ways to simplify construction approvals near airports. Urban local bodies may soon issue no-objection certificates for building projects. Applicants will receive permissible building heights early in the planning process. This aims to make the approval system hassle-free and transparent for all. Aviation safety requirements will continue to be strictly…
Public sector insurers must focus on profitable business lines and lower incurred claim ratios. Greater technology use and digitalisation are encouraged for operational efficiency. Improved customer outreach and social media engagement will enhance product awareness. Companies should increase insurance penetration and reduce protection gaps. Performance monitoring will be strengthened through a standardised KPI framework.
India will soon surpass Germany to become the world’s third-largest wind energy producer. The nation is projected to achieve 107 GW capacity by the year 2030. This energy transition involves building a complete industrial ecosystem and creating skilled jobs. India’s domestic turbine-making capacity has significantly grown to 24 GW annually. Wind equipment exports crossed Rs…