||

Connecting Communities, One Page at a Time.

advertisement
advertisement

technology

Non-Life Insurance Premiums Rise 10% in August to Rs 27,455 Crore: CareEdge

India’s non-life insurance premiums grew 10% year-on-year to Rs 27,455 crore in August, driven by strong health insurance growth. CareEdge Ratings said health premiums rose 18% to Rs 10,834 crore, while crop premium surged due to extended Kharif enrolment deadlines.

India’s EOS-05 Satellite Could Reshape Crisis Dynamics With Pakistan: Report

India’s EOS-05 satellite could significantly strengthen the country’s space-based intelligence, surveillance and reconnaissance (ISR) capabilities, according to a report by The Diplomat. Launched aboard GSLV-F17 on September 4, EOS-05 is India’s first dedicated imaging satellite from geostationary orbit and is designed to provide persistent observation of the subcontinent. The satellite could enable more continuous monitoring of military movements, strategic assets and force mobilisation, particularly during periods of heightened tensions with Pakistan. The development is part of India’s broader Space Based Surveillance Phase-III (SBS-III) programme to expand its defence satellite network.

FIIs sell Rs 7,620 crore in fifth straight week, DIIs pump in Rs 11,232 crore

Foreign institutional investors (FIIs) remained net sellers in the Indian equity market for the fifth consecutive week, offloading Rs 7,620 crore, while domestic institutional investors (DIIs) invested Rs 11,232 crore during the week. Analysts said sustained FII selling and global headwinds could keep markets volatile, while domestic institutional buying may provide support. Investors will track Brent crude prices, US-Iran developments and upcoming PMI data for further market cues.

Asset monetisation proposals worth over Rs 5,000 crore recommended in NLMC meet: Govt

The government said asset monetisation proposals involving assets worth over Rs 5,000 crore were recommended during the National Land Monetization Corporation Limited (NLMC) Board meeting. The proposals cover surplus land and building assets of Central Public Sector Enterprises (CPSEs) and other government entities. The NLMC Board also reviewed progress on asset monetisation and discussed measures to speed up the process through transparent and commercially appropriate mechanisms.

India’s Semiconductor Demand May Double to $90 Billion by 2029-30: Report

India’s semiconductor demand could nearly double to $90 billion by 2029-30 from around $44 billion in 2025-26, according to a report by KPMG in India, India Deep Tech Alliance and Nishith Desai Associates. Mobile and wearables are expected to remain the largest demand segment, while India also has opportunities in chip design, advanced packaging, equipment, materials and semiconductor R&D.

AI

AI must remain under human control, says Microsoft CEO

Satya Nadella calls for US-China understanding and global norms involving governments and technology companies to govern powerful AI systems.

Indian Railways expands passenger, freight capacity with new projects in Maharashtra, Telangana

Indian Railways has approved two major projects aimed at expanding passenger and freight capacity in Maharashtra and Telangana. The Rs 497-crore doubling of the 10.86-km Chouk-Karjat section is expected to enable five additional passenger trains in each direction daily and support 18.35 MTPA of freight traffic. A Rs 493-crore, 38.21-km new rail line between Mukutban and Gadchandur will improve connectivity to industrial and mining clusters and support 6.08 MTPA of freight traffic.

advertisement