PARTNERS IN PROGRESS
NPCI international partners with Network International to expand UPI acceptance in UAE
The introduction of UPI payments in UAE through NPCI International and Network International aims to provide seamless payment experiences for Indian travelers and NRIs. The initiative reflects the growing global acceptance of UPI, with partnerships established in various countries for faster digital payments.
Skoda Auto CEO's strategy for Indian market: Humility, learning, customer focus and a new partner
Skoda Auto's CEO Klaus Zellmer highlights India's pivotal role in the company's global strategy, noting it as the most attractive and competitive auto market. With a robust development base in Pune, Skoda plans to leverage India's potential for expansion into ASEAN and the Middle East.
Bayer partners with Solynta to revolutionise potato farming in India and Kenya
Bayer and Solynta have agreed to collaborate on distributing true potato seeds in Indian and Kenyan markets, marking Bayer's entry into the global potato market. This partnership aims to provide smallholder farmers with high-quality starting material, enabling them to grow disease-resistant potato varieties from true seeds, ultimately improving food security in these regions.
Slovaks and others go to the polls in EU elections under the shadow of an assassination attempt
Voters in Slovakia, Italy, and other European Union nations are casting their ballots for the European Parliament on the third day of elections. In Slovakia, an attempt to assassinate populist Prime Minister Robert Fico on May 15 has reverberated throughout Europe. Analysts believe the attack could boost the chances of the premier's leftist Smer party, the senior partner in the governing coalition, to win the vote.
India to scale 'new heights' of progress under PM Modi's leadership, say NDA partners
President Droupadi Murmu appointed NDA Parliamentary Party leader Narendra Modi as prime minister-designate. Modi received congratulations from BJP and coalition leaders predicting progress under his leadership over the next five years. Telugu Desam Party MP Kinjarapu Ram Mohan Naidu confirmed support for the NDA, emphasising their commitment to nation-building and regional aspirations. Various leaders expressed confidence in Modi's leadership and the NDA government's ability to advance the country's development.
'40 out of 40' win will help lead the nation: DMK chief M K Stalin
The DMK and its allies' sweeping victory in Tamil Nadu and Puducherry, winning all 40 seats, marks a significant step towards safeguarding constitutional principles, according to Chief Minister M K Stalin. The results reflect a rejection of the BJP's 'communal' politics, especially in Uttar Pradesh. Stalin credited the victory to the hard work of party workers and the people's rejection of divisive forces. The win, he believes, signals a resurgence of democracy and a blow to autocracy, particularly against attempts to politicize spiritual beliefs.
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"We must see Bharat's development in global context:" Prime Minister Narendra Modi says need to dream new dreams
Speaking about his thoughts during his three-day meditation, the PM wrote, "Amidst this detachment, amidst the peace and silence, my mind was constantly thinking about the bright future of Bharat, the goals of Bharat." Citing Swami Vivekananda's message that, 'Every nation has a message to deliver, a mission to fulfil, a destiny to reach.' the Prime Minister wrote "For thousands of years, Bharat has been moving forward with this sense of meaningful purpose. Bharat has been a cradle of ideas for thousands of years."
PM Modi: Reflections and new Sankalp from my Sadhana at Kanniyakumari
From Kashmir to Kanniyakumari... this is a common identity that is deeply ingrained in the heart of every citizen of the country. This is the ‘Shakti Peeth’ (seat of Shakti) where Maa Shakti incarnated as Kanya Kumari. At this Southern tip, Maa Shakti performed penance and waited for Bhagwan Shiva, who was residing in the Himalayas at the northernmost parts of Bharat, writes PM Modi on his time meditating at Kanniyakumari's Vivekananda Rock Memorial
India is Australia’s top-tier security partner, says High Commissioner Green
Highlighting India's capabilities in producing electric vehicles and solar panels at scale, he noted, "India is a key part of our diversification agenda and supply chain resilience." This collaboration is particularly crucial as both countries aim to deal with supply chain disruptions and promote sustainable energy solutions. The High Commissioner lauded the rapid growth in India-Australia relations over the past five years, describing it as the "fastest build-up of one of our big relations in history."
Cashfree appoints ex-Razorpay executive Harsh Gupta as CRO
Cashfree will also see another transition in its organisational structure with Arun Tikko, the chief business officer, being elevated to a bigger role to lead the international expansion of its business across new markets. Harsh Gupta will now focus on the company's market growth, revenue operation and market expansion in India.
Full majority, just majority, hung parliament: S&P Global Market Intelligence analyses scenarios and road ahead for India
S&P Global Market Intelligence anticipates continued policy emphasis on strategic sectors post the Lok Sabha election, regardless of outcomes. Factors influencing voter choices include economic growth, inflation, employment, and foreign policy. The analysis explores three election result scenarios, projecting implications on sectors and foreign policy strategies.
IIT-B partners with TCS to build India's first quantum diamond microchip imager
IIT Bombay and TCS collaborate to develop India's first quantum diamond microchip imager, crucial for semiconductor chip examination, with the potential to revolutionize various industries.
IMF, Pakistan make significant progress on new loan, IMF mission says
The IMF has opened discussions with Pakistan on a new loan programme after Islamabad last month completed a short-term $3 billion programme, which helped stave off a sovereign debt default.
Deutsche Bahn invites fresh bids for €15 billion logistics arm
Deutsche Bahn AG has evaluated bids for DB Schenker. Companies such as CVC, Carlyle, DSV, Maersk, MSC, Bahri, ADQ are the potential buyers.
SuperKalam secures Rs 16 crore funding to boost personalised education with AI mentorship
SuperKalam has concluded a $2 million seed funding round led by YCombinator and Fundersclub with participation from YC Partner Puneet Kumar, GoodWater Capital, Nurture Ventures, SuperCapital, Pareto Ventures.
Save Solution receives $13 million private equity funding
Private equity investor Incofin Investment Management has invested $10 million SaGgraha Management Services, a business correspondent wholly owned by SAVE Solutions, which itself provides the last mile banking services in the rural hinterlands through its some 10000 touchpoints.
Startup Vision Group head slams alarmist predictions about Bengaluru, says the city is under transformation
"Everyone has multiple responsibilities and is stretched thin. Increasing staff strength of BBMP is crucial - our ratio of municipal workers is far below that of a city like Mumbai, for example," Prakash, who is also the state's statartup vision group chairman, said in a post on X.
New Taiwan president Lai hails 'glorious' democracy
Taiwan President Lai Ching-te has hailed the arrival of a "glorious era" for Taiwan's democracy and called on China to cease political and military intimidation. In an inauguration speech, Lai thanked citizens for refusing to be swayed by external forces and urged them to demonstrate their resolution to defend their nation. Lai has been described by Beijing as a "dangerous separatist" for his past comments on Taiwan's independence, but has since moderated his rhetoric.
Ground report: How safe is last remaining ‘Gandhi seat’ in UP?
In the family pocket borough of Rae Bareli, Sonia Gandhi has stepped aside for son Rahul. His challenger is a former Congress loyalist who is now a minister in the Yogi govt
In Rae Bareli, its a fight between Gandhi legacy and Yogi-Modi double engine
The elections in Rae Bareli revolve around the Gandhis' legacy, BJP's challenge, and critical issues like development and employment. The political dynamics, including key players like Amit Shah and Modi, and the influence of the caste matrix, shape the electoral narrative.
SoftBank back at deal counter with Icertis deal talks
Tech VC in funding talks with portfolio co Icertis, which is stitching up a $150m secondary round
Mumbai and Delhi feature among the World's Top 50 Wealthiest cities, surpassing Washington DC
Mumbai and Delhi have secured positions among the world's top 50 wealthiest cities, surpassing Washington DC in wealth concentration. This ranking, released by Henley and Partners, highlights the economic prowess of these Indian cities and their growing appeal to high-net-worth individuals (HNWIs).
India, Australia review progress on trade and investment negotiations, discuss way forward for its completion
In the first Joint Committee Meeting (JCM) under India-Australia Economic Co-operation and Trade Agreement (Ind-Aus ECTA), both sides acknowledged the smooth implementation of the ECTA and briefly elaborated on ECTA implementation issues including MRAs on organic products, market access issues related to products like okra, pomegranate, grapes, cottage cheese, macadamia nuts, lentils and avocado.
Xi tells Blinken US, China should be 'partners, not rivals'
Chinese President Xi Jinping on Friday told top US diplomat Antony Blinken that the world's biggest economies should be "partners, not rivals" as the two sides pressed for headway on a range of concerns. "The two countries should be partners, not rivals," Xi said.
China blasts US military aid to Taiwan, saying the island is entering a "dangerous situation"
The US Senate late Tuesday passed USD 95 billion in war aid to Ukraine, Israel and Taiwan after months of delays and contentious debate over how involved the United States should be in foreign wars.
Poll card Rajasthan: Congress alliances, rebels and caste factors introduce suspense
Rajasthan will vote in two phases –– 12 constituencies in the north and a part of central Rajasthan will vote in the first phase on April 19, and 13 segments, including border constituencies and the tribal belt, will vote in the second phase on April 26. Congress has entered into an alliance with the Left Front, Hanuman Beniwal’s Rashtriya Loktantrik Party and the newly-formed tribal outfit Bharatiya Adivasi Party (BAP).
Prompt in progress: GenAI text-to-code tools boost productivity
Gen AI text-to-code tools hold promise of up to a 50% gain in productivity. Top IT firms are also embracing them for efficiency. But as Himanshi Lohchab and Beena Parmar find, the road to large-scale adoption is still dotted with caution.
Air India CEO updates employees on annual appraisal and overall progress in letter
Air India CEO Campbell Wilson expressed gratitude to employees for their hard work, announcing the ongoing annual appraisal cycle and progress in the airline's transformation. He highlighted achievements, including the Vihaan.AI initiative, onboarding of cadet pilots, and fleet expansion. However, challenges faced by sister carrier Vistara, including pilot protests, were noted. Wilson emphasized Air India's commitment to becoming a world-class airline and mentioned strategic developments such as the completion of the strategic disinvestment transaction and the implementation of a new Revenue Accounting System.
Congress party's agenda is to "use and throw" its allies, says PM Modi
Modi criticized Congress for 'use and throw', praised NDA's inclusivity. Mentioned poverty reduction, Lok Sabha polls, 'Viksit Bharat'. Addressed corruption in Andhra, dislodging state government.
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