WHAT IS MOU
What military support does the US provide to Israel?
The humanitarian crisis in Gaza has sparked calls for the U.S. to impose conditions on its significant military aid to Israel, the largest recipient of U.S. foreign aid since World War II. The U.S. provides Israel with advanced weaponry, including the F-35 fighter jet and missile defense systems like Iron Dome and David's Sling. President Biden sought additional funding for Israel's campaign against Hamas, but the proposal faces resistance in Congress over concerns about civilian casualties in Gaza.
Bank unions push for 5-day week ahead of IBA settlement. What is the alternative proposed?
The United Forum of Bank Unions has urged Finance Minister Nirmala Sitharaman for a five-day workweek in a letter. They promise no reduction in total banking hours for customers or employees if implemented, aligning with an agreement with the Indian Banks' Association. The union highlights existing five-day weeks in RBI and LIC. This comes ahead of final settlement with IBA.
Just 50 days after signing MoU, TN CM lays foundation stone for VinFast's EV plant in south TN
Tamil Nadu CM, M K Stalin, laid the foundation stone for VinFast Auto Ltd's EV manufacturing facility with an investment of Rs 16,000 crore. The facility in Tuticorin will generate 10,000+ jobs, contributing to the Dravidian Model Economy and distributed industrial growth.
Dara Khosrowshahi hails India’s DPI as Uber inks MoU with ONDC
During a conversation with Infosys chairman Nandan Nilekani, Uber CEO Khosrowshahi called India one of the “toughest markets for Uber”, and said that for Uber, it is the gateway for the rest of the world..
Bharat Mart: All you need to know about India’s big Middle Eastern trade push
Prime Minister Narendra Modi, during his visit to the UAE, is expected to inaugurate Bharat Mart, a warehousing facility aimed at boosting Indian trade abroad. Similar to China's Dragon Mart, Bharat Mart will showcase Indian exports in a one-stop facility, reducing shipping time and costs. This move aligns with the deepening economic ties between India and the UAE, fostering comprehensive partnerships and facilitating trade expansion to multiple regions
MoU signed on knowledge-exchange in entrepreneurship education for indigenous youth of Australia and India
This unique Australian-Indian partnership between two youth-focussed organisations, Young Change Agents and AVENUES Meghalaya, aims to strengthen the bilateral relationship between the two nations through innovation education and global learning pathways.
TCS, Infosys to announce Q3 results today: What to track, how to trade
TCS and Infosys will release their Q3 earnings today amid expectations of weak numbers. However, bulls believe that this could be the last dull quarter before revenue growth picks up in Q4. Analysts anticipate TCS to deliver 1.5% QoQ cc revenue growth driven by large deal ramp-ups, with margin expansion driven by operational efficiencies. On the other hand, Infosys is expected to see a decline in USD revenue due to seasonal furloughs and the impact of a slowdown in discretionary tech spending.
UK to send warships to Indian Ocean as sign of close strategic ties with India: Defence Secy Shapps
Building on the existing strategic partnership, some new joint initiatives highlighted by the MoD during Rajnath Singh's UK visit include Launching Defence Partnership-India, a bespoke office designed to further defence collaboration between the two countries; a commitment to several instructor exchanges between UK Officer Training Colleges and specialist schools, alongside a Youth Exchange MOU to solidify the already strong relationship between our cadet organisations.
Torrent Power shares soar 13% on signing Rs 47,350 crore MoU with Gujarat government
This comes as part of the investment promotion activity for Vibrant Gujarat Global Summit 2024, the company filing on Wednesday, said.
HUDCO shares skyrocket 19%, hit new 52-week high on Rs 14,500-crore MoU with Gujarat govt
Technically, the stock's day RSI (14) is at 73.6. The RSI below 30 is considered oversold, and above 70 is overbought, Trendlyne data showed. The day MACD (12, 26, 9) is at 6.9, which is above its center and signal Line, this is a bullish indicator.
India's rating should reflect its potential: Kaushik Shaparia, CEO of Deutsche Bank Group, India
"The narrative is no longer about why India is interesting. The moot point is how to monetise this interest. We need to convert it. The cycle needs to be shortened between interest and actual investment. Our rating is only at the cusp of investing rate and that does build a little bit of conservatism among investors. I think India's rating should be at least two notches higher, if not more," said Kaushik Shaparia, CEO of Deutsche Bank Group, India.
Does Congress, Chinese Communist Party MoU require Rahul Gandhi to break morale of Indian forces: BJP
Does this MoU also require to him to mock a prime minister, who is the protective shield for every citizen and has elevated India's global stature, as "surrender Modi"," BJP spokesperson Gaurav Bhatia asked in a reference to Gandhi's earlier barb at him. Noting that China had also donated to the Rajiv Gandhi Foundation, Bhatia asked if this "bribe" is the reason behind his statements "against" India.
No restriction on Tur imports from Mozambique: Government
The Indian high commission in Maputo has issued a press release to inform all exporters of tur/arhar dal in Mozambique that they can export it to India under 'free category' without any upper limit on quantities and without import duty till March 31, 2024.
Nasscom announces first UK launchpad to help Indian tech SMEs grow their businesses
The arrangement will provide small Indian tech companies, interested in setting up their presence in Greater Manchester, to have access to 180 days rent-free office space within offices based at Manchester Airport.
PM Modi, Egyptian Prez El-Sisi sign pact to elevate ties to 'Strategic Partnership'
India and Egypt on Sunday elevated their relationship to a 'Strategic Partnership' as Prime Minister Narendra Modi and President Abdel Fattah El-Sisi held wide-ranging talks with a particular focus on enhancing political and security cooperation. Modi, who is visiting Egypt at the invitation of President Sisi, held one-on-one conversation with El-Sisi during which they also took stock of what is happening on important issues of the region and the world.
Airbnb signs MoU with Ministry of Tourism to promote India as 'high potential' destination
Airbnb has signed a Memorandum of Understanding (MoU) with India's Ministry of Tourism to promote the country's potential as a sought-after tourist destination. The partnership will focus on creating a 'Soul of India' microsite that will showcase heritage stays across the country, and will support local hosts in untapped tourist areas to market their homestays and increase their capacity.
Airbnb inks pact with tourism ministry to promote heritage stays, cultural tourism
Airbnb has signed a Memorandum of Understanding with the Union Ministry of Tourism to showcase India's heritage stays and promote cultural tourism. The platform will partner with the ministry to promote inbound tourism and launch a dedicated 'Soul of India' microsite showcasing India's rich culture and heritage. Airbnb will also offer support to hosts in untapped tourist areas, build host capacity, and foster responsible hosting.
Bayer signs MoU with Cargill for offering farmers solutions & optimal price realisation
Bayer, a global enterprise in the life science fields of agriculture and healthcare has signed a Memorandum of Understanding (MoU) with Cargill, a global food corporation for offering farmers innovative solutions and facilitating optimal price realization for their produce.
Concerned about US-led semiconductor decoupling with China, says Chinese envoy to India
Over the last few months, the United States has been trying to slow down Chinese technological prowess by putting up restrictions on Chinese chip makers. China’s chargé d'affaires to India says that her country is concerned.
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