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Indian Man Grows Precious Saffron In a Shipping Container

Ut World March 4, 2023 0

This is about a software developer from India who felt that the 9–5 office life was too hollow turned his life around and became an entrepreneur. He created a way for hydroponically growing saffron, and he wants to share it with the rest of the world. Shailesh Modak, like many entrepreneurs, Continue Reading

Featured Latest News National

Banks May Face Rise In Bad Loans From Retail, Small Businesses: SBI Official

Ut World February 23, 2023 0

An official with the largest lender in the nation indicated on Thursday that bad loans in the retail and small business sectors could rise from their current low levels in Indian banks. Loans to this sector have been expanding quickly, but there have only been a few defaults so far. “We cannot have a system […]Continue Reading

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Looking ahead with hope

Ut World February 20, 2023 0

V P Nandakumar, MD & CEO, Manappuram Finance Ltd The recently released Financial Stability Report (FSR) of the Reserve Bank of India (RBI) shows the resilience of the banking sector in general and NBFCs in particular India’s financial sector comprising of both Scheduled Commercial Banks (SCBs) and Non-Banking Financial Companies (NBFCs) have shown remarkable resilience Continue Reading

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GoMechanic Founder Admits To Cooked Books, 70% Staff Sacked

Ut World January 18, 2023 0

Amit Bhasin, the co-founder of the automotive aftermarket service startup GoMechanic, admitted financial reporting errors on Wednesday. As a result, a forensic audit was ordered and a business restructuring that will result in the layoffs of 70% of the company’s 1,000 or so employees was implemented. It was discovered that GoMechanic manipulated its financial records Continue Reading

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Davos Summit To Begin Today, Set To Be Global Leaders’ Biggest Post-Covid Gathering

Ut World January 16, 2023 0

On Monday, hundreds of people, including about a hundred delegates from India, will assemble for the largest gathering of world leaders in this snow-covered Swiss ski resort town to explore “cooperation in a divided world.” With the crystal awards ceremony, the World Economic Forum (WEF) meeting for this year will get underway. The annual meeting […]Continue Reading

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Reducing Inflation Top Priority For South Asian Nations: RBI Governor

Ut World January 6, 2023 0

According to Reserve Bank of India (RBI) Governor Shaktikanta Das, bringing down inflation is the top concern for South Asian nations as dangers to the GDP and investment prospects could increase if pricing pressures linger at high levels. The head of the Indian central bank remarked that the CoVid-19 outbreak and the crisis in Ukraine […]Continue Reading

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India To Take Up Accessibility To Energy, Food Grains ‘Very Strongly’ At G20: S Jaishankar

Ut World December 31, 2022 0

External Affairs Minister S Jaishankar stated today that India aims to address the issue of affordability and accessibility to energy, foodgrains, and fertilisers “quite vigorously” during its G20 presidency, as the economies of the Global South have been harmed. On December 1, India formally took the G20 presidency. The next G20 Leaders’ Summit at the Continue Reading

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Centre To Launch Digital India Fund To Support Deep-Tech Startups: Minister

Ut World December 31, 2022 0

The government would establish a Digital India Innovation Fund to encourage deep-tech firms, said Rajeev Chandrasekhar, Minister of State for Electronics and IT. According to an official statement, the minister made these remarks during his talk to over 1,000 college students as part of the ‘New India for Young India: Techade of Opportunities programme’ at […]Continue Reading

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Mukesh Ambani’s Reliance To Acquire Metro AG’s India Business For ₹ 2,850 Crore

Ut World December 22, 2022 0

In order to further solidify its hegemonic position in India’s enormous retail market, Mukesh Ambani’s conglomerate Reliance Industries Ltd. will pay 2,850 crore for the wholesale operations in India of German company Metro AG. “Reliance Retail Ventures Limited (RRVL), a subsidiary of Reliance Industries Ltd, today signed definitive agreements to acquire Continue Reading

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Why Charity is a Win-Win Habit

Ut World October 15, 2022 0

Article By V P Nandakumar MD & CEO Manappuram Finance Ltd The joy of giving is a special kind of happiness that is difficult to describe. There have been many attempts to understand and define the heady feeling that people get when they part with something for the benefit of someone who needs it badly. […]Continue Reading