Monthly archives: February, 2022

India skips resolution to call for UN General Assembly session on Ukraine

India skips resolution

India abstained from a procedural vote taken in the UN Security Council to call for a rare special emergency session of the UN General Assembly on Russia’s aggression against Ukraine. The resolution was adopted with 11 votes in favor, paving the way for the General Assembly to meet on the crisis as soon as Monday. India, …

India, Nepal agree to form joint task force on building hydropower project

hydropower project

India and Nepal on Thursday agreed to form a joint task force on a proposal to construct a hydropower project from investments of the two neighboring countries. The task force will have a maximum of three members from both countries. The agreement was reached at the 9th meeting of the Nepal-India Energy Secretary-Level Joint Steering Committee in …

Bharti Airtel acquires strategic stake in Blockchain-tech startup Aqilliz

Bharti Airtel acquires strategic

Bharti Airtel on Thursday announced that it has acquired a strategic stake in Singapore-based Blockchain platform Aqilliz for an undisclosed sum. Airtel aims to deploy Aqilliz’s Blockchain technologies at scale across its fast-growing tech (Airtel Ads), digital entertainment (Wynk Music & Airtel Xstream) and digital marketplace (Airtel Thanks App) offerings. “Blockchain technology is maturing and we see its application across areas …

Understanding the Share Market And Effectivity of Share Tips

Capital Varsity

Share market is where fortune is made and destroyed ordinary. Some might acquire their fortune and some others may be free to profundities. This market is regarding numbers and figures. Being a virtual space to exchange supplies of different organizations, it has assembled colossal consideration of numerous as of late. To begin exchanging on an …

Delhi High Court stays RBI order on Religare unit debt recast

RBI order on Religare unit

The Delhi High Court (HC) put an order by the central bank against the debt recast of shadow lender Religare Finvest on hold until the next hearing. Religare Finvest, a fully-owned unit of Religare Enterprises (REL), said it filed a petition in the Delhi HC against the Reserve Bank of India’s order that said the debt recast cannot be …

Merchandise exports rise 28% YoY to $34.5 billion in January: Govt data

Merchandise exports rise 28% YoY to $34.5 billion in January: Govt data

India’s exports grew at a slower pace in January, after recording the highest-ever monthly outbound shipments of goods in December, showed data released by the commerce and industry ministry on Tuesday. However, exports remained above the $30 billion-mark for the eleventh consecutive month amid a surge in Omicron cases across the globe. Merchandise exports grew 27.54 per cent year-on-year (YoY) to $34.5 …

Yatra.com partners Cleartrip to offer wider hotel inventory to customers

Yatra.com partners Cleartrip to offer wider

Online travel company Yatra Online on Monday announced its partnership with Cleartrip, owned by the Flipkart Group, to offer a wider hotel inventory to its customers. This strategic association between Yatra and Cleartrip, both leading brands in the online travel space in India, aims to provide a boost to the entire hospitality and travel ecosystem …

European Union plans $23 billion to check China’s reach in S Africa

European Union plans $23 billion

The European Union is working on a 20 billion-euro ($22.7 billion) financing package to support African transport networks, as well as energy, digital, education and health projects to counter China’s reach in the continent. Member states, however, have yet to commit to financing the infrastructure plans, according to officials familiar with the discussions. The bloc’s plan includes …

Oppo collaborates with Reliance Jio to conduct 5G tests on mobiles

Oppo collaborates with Reliance Jio

Smartphone maker OPPO India on Friday said that it conducted a 5G standalone and non-standalone network trial in collaboration with telecom service provider Jio. The site infrastructure and network provider Jio carried out these tests by utilizing the allocated mid-band trial spectrum which is in the range of 3.3-3.6 Ghz frequency range. Oppo claimed that the 5G trial on Reno7 Series was …