Economy

DP World inaugurates warehouse for Mondelez India in Kochi to boost Kerala supply chain

Suresh Ramani, Chief Commercial Officer- Logistics – DP World India Subcontinent DP World has inaugurated a dedicated warehouse facility for Mondelez India in Kochi, further strengthening Mondelez India’s supply chain and distribution capabilities across Kerala. The state-of-the-art facility, designed and operated by DP World, provides over 4,000 pallet positions, comprising 2,200 positions for dry goods […]

Boost for IAF! HAL looks to secure billion-dollar GE engine deal for LCA Tejas Mk1A; India-US defence ties in focus

India is on track to finalise a $1 billion deal with US aerospace firm General Electric (GE) for 113 F404-IN20 fighter jet engines, as negotiations between the two countries continue.The engines will power India’s indigenous LCA Tejas Mk1A, supporting the government’s Atmanirbhar Bharat defence initiative.Dr DK Sunil, HAL chairman and managing director, told ANI, “We […]

Big boost for food processing sector! Reliance and Coca-Cola bottlers pledge Rs 65,000 cr; boost employment

India’s food processing sector received a major boost on Thursday as Reliance Consumer Products Ltd (RCPL) and three Coca-Cola bottlers announced a combined investment exceeding Rs 65,000 crore, signaling strong corporate confidence in the industry’s growth potential. The commitments were unveiled on the opening day of the World Food India Summit, which is scheduled to […]

Huawei Releases Global Digitalization and Intelligence Index Report for the Power Industry to Boost Electric Power Intelligence

At the Huawei Global Electric Power Summit held during HUAWEI CONNECT 2025, Huawei released the Global Digitalization and Intelligence Index (GDII) Report for the Power Industry. This report aims to provide quantitative evaluation tools and strategic guidance in the construction of future power systems for global power companies as they go digital. Jo Cops, Chairman […]

Economy

Centre unveils ₹69,725 crore shipbuilding finance package to boost Indian maritime competitiveness

The Indian government has announced a ₹69,725 crore finance package for the shipbuilding sector, including a ₹20,000 crore maritime development fund and a ₹19,989 crore shipbuilding development scheme. | Photo Credit: THULASI KAKKAT Centre’s ₹69,725 crore finance package for the shipbuilding sector will boost the capacity and competitiveness of Indian companies, senior industry executives said […]

UAE-India trade boost: UIBC signs strategic MoUs, to deepen CEPA and state-level investments

The UAE-India Business Council (UIBC) has signed a series of strategic agreements to strengthen industry collaborations and expand trade and investment flows between India and the UAE.As part of three separate pacts, UIBC and the UAE-India CEPA Council (UICC) agreed to enhance institutional collaboration, ensuring greater coherence in advancing the objectives of the UAE-India Comprehensive […]

Economy

APOA, CPOPC and Solidaridad sign MoU to boost sustainable palm oil collaboration in South Asia

NALGONDA, TELANGANA, 12/06/2025: (For Spotlight: Pandilla Laxmareddy and Sridhar P’s story on Oil Palm tree): Oil palm farmer G.Srider Reddy showing the Oil palm cultivation at his four-year-old oil palm tree plantation in Dandempalli Village in Nalgonda district on Thursday, June 12, 2025. Photo: NAGARA GOPAL / The Hindu | Photo Credit: NAGARA GOPAL The […]

Bihar infrastructure boost: Rs 3,822-cr four-lane section of Sahebganj-Bettiah NH-139W approved; check benefits

(Image credits: Screen grab from video posted by X @PIB_India) The Union Cabinet on Wednesday approved the construction of the four-lane Sahebganj-Areraj-Bettiah section of NH-139W in Bihar under the Hybrid Annuity Mode (HAM) at an estimated cost of Rs 3,822.31 crore. Spanning 78.942 km, the project will improve connectivity between Patna and Bettiah and link […]