Nvidia backs Indian AI startup Simplismart in $14 million funding round

IANS | October 29, 2026 2:59 PM

New Delhi, Oct 29 (IANS) AI chip giant Nvidia has invested in Bengaluru-based startup Simplismart as part of a $14 million Series B funding round, betting on software that helps enterprises run artificial intelligence models more efficiently and reduce infrastructure costs, a report has said.

India becomes world leader in Green Hydrogen with deals worth $9.5 billion: Pralhad Joshi

IANS | October 29, 2026 2:03 PM

New Delhi, Oct 29 (IANS) The total Green Hydrogen offtake contracts signed by Indian companies has surpassed 5,55,610 metric tonnes per annum (MTPA) (till October 2026), making the country the global leader in Green Hydrogen supply commitments with an aggregate investment exceeding Rs 90,000 crore (approximately $9.5 billion), the government said on Thursday.

18,000 Iranian cargo containers stuck at Pakistani ports over huge fees: Report

IANS | October 29, 2026 1:37 PM

New Delhi, Oct 29 (IANS) Thousands of containers belonging to Iranian cargo owners remain stranded at Pakistani ports as transport sector representatives report that cumulative storage fees, container demurrage, and overland transport costs for certain shipments have surpassed $25,000, making their clearance economically unviable, according to a report published in Iranwire news portal.

Adani Airports, IHCL sign pact to develop 8 hotels across key airport cities

IANS | October 29, 2026 1:24 PM

Mumbai, Oct 29 (IANS) Adani Airport Holdings Limited (AAHL) and The Indian Hotels Company Limited (IHCL) on Thursday announced a major multi-hotel operating agreement to develop eight hotels with more than 2,000 rooms across Mumbai, Ahmedabad, Lucknow and Guwahati, as both companies look to strengthen hospitality infrastructure at key aviation hubs.

Procurement of 6 Rabi crops surges, MSP payments rise to Rs 8.36 lakh crore

IANS | October 29, 2026 11:48 AM

New Delhi, Oct 29 (IANS) The procurement of six Rabi crops increased from 2,302 lakh metric tonnes (LMT) during 2004-05 to 2013-14 to 3,921 LMT during 2014-15 to 2025-26, as the minimum support price (MSP) payments rose from Rs 2.65 lakh crore to Rs 8.36 lakh crore, an official factsheet said on Thursday.