Science & Tech News: Innovations

Favourable fiscal policy, easing monetary policy to aid growth momentum for India: Morgan Stanley

IANS | March 1, 2025 4:30 PM

New Delhi, March 1 (IANS) The confluence of a favourable fiscal policy that supports both capex and consumption and easing monetary policy across all its levers — rates, liquidity and regulations and robust services exports – that augur well for the job market outlook are likely to aid the growth momentum for India, a Morgan Stanley report has said.

India’s GDP growth estimated at 7.6 pc in Q4 FY25 amid resilient economy: SBI Research

IANS | March 1, 2025 4:17 PM

New Delhi, March 1 (IANS) Based on the fiscal 2025 GDP growth estimate of 6.5 per cent by the government, Q4 growth has been derived at 7.6 per cent, according to a SBI Research report on Saturday.

From electronics to automobile, India emerges as a key global hub: PM Modi

IANS | March 1, 2025 3:49 PM

New Delhi, March 1 (IANS) India has emerged as a major automobile producer and exporter and a similar transformation has been observed in electronics manufacturing, Prime Minister Narendra Modi said here on Saturday.

1,100 out of 1,200 govt schemes now under DBT, says FM Sitharaman

IANS | March 1, 2025 2:54 PM

New Delhi, March 1 (IANS) Out of the 1,200 central and state government schemes, 1,100 are now under the ambit of the Direct Benefit Transfer (DBT) system, said Union Finance Minister Nirmala Sitharaman on Saturday.

India emerging as new factory of world; land of infinite innovations: PM Modi

IANS | March 1, 2025 2:03 PM

New Delhi, March 1 (IANS) India is emerging as the new factory of the world and as a land of infinite innovations, said Prime Minister Narendra Modi on Saturday.

Mahindra clocks 19 pc growth in SUV sales in Feb, tractor sales also up 19 pc

IANS | March 1, 2025 11:39 AM

Mumbai, March 1 (IANS) Mahindra & Mahindra on Saturday announced that its overall auto sales for the month of February stood at 83,702 vehicles, a growth of 15 per cent, including exports.

UPI transactions see 33 pc YoY volume growth in Feb, value up 20 pc

IANS | March 1, 2025 9:20 AM

New Delhi, March 1 (IANS) The unified payments interface (UPI) transactions witnessed 33 per cent growth (year-on-year) in transaction volume in February at 16.11 billion, the National Payments Corporation of India (NPCI) data showed on Saturday.

$533 mn loan fraud case: US Bankruptcy Court rules against Byju's

IANS | February 28, 2025 10:01 PM

New York, Feb 28 (IANS) A Bankruptcy Court in the US on Friday issued a summary judgement against Riju Ravindran, Think & Learn (the parent company of Byju’s), and the hedge fund Camshaft Capital, finding them guilty of fraudulent transfer of $533 million and a “breach of fiduciary duty.”

Global research on giloy surges over 375 pc in last 10 years: Ayush Ministry

IANS | February 28, 2025 6:54 PM

New Delhi, Feb 28 (IANS) Global research revealing promising role of giloy in boosting immunity has soared 376.5 per cent in the last decade, said the Ministry of Ayush on Friday.

PLI boost: India exporting high-end electronics now, says Ashwini Vaishnaw

IANS | February 28, 2025 6:33 PM

New Delhi, Feb 28 (IANS) India is making significant strides in the electronics sector as the country begins exporting high-end electronic components to global manufacturing hubs, Union Minister for Railways, Electronics and IT, Ashwini Vaishnaw said on Friday.