A day after Sharad Pawar and Gautam Adani inaugurated a project in Gujarat, NCP leader Jayant Patil said there should not be any controversy over it. "This is completely separate from the I.N.D.I.A. bloc and its decisions. Sharad Pawar attended all meetings of the bloc," he said, adding, "There is no need to mix the things." readmore...

UP's Industrial Development Minister Nand Gopal Gupta said the MotoGP race in the state generated economic activities worth about ₹1,000 crore. The event also created employment opportunities on a large scale, Gupta stated. "With the successful organisation of Global Investor Summit, International Trade Show and MotoGP, UP is completing the hat-trick of international events in 2023," he added. readmore...

Finance Minister Nirmala Sitharaman said northeastern states "have been the biggest beneficiaries of GST". They recorded a "compound annual GST revenue growth rate of 27.5% since the implementation of the GST", the minister stated. The additional GST gain is a boon for the states, which need revenue for implementing different programmes, she added. readmore...

Apple has plans to boost its production in India to over $40 billion in the next 4-5 years, PTI reported citing government sources. The iPhone maker reportedly crossed the $7-billion production mark in the last financial year. Apple has no immediate plans to make laptops in India or to participate in the PLI Scheme for IT Hardware, the report added. readmore...

A report by the Ministry of Statistics and Programme Implementation for August states that 1,762 central sector infrastructure projects face cost overruns of ₹4.77 lakh crore. Of the total projects, 830 are delayed, 412 reported cost overrun and 264 reported both time and cost overrun. Each of these projects is worth over ₹150 crore or above, the report said. readmore...

A new report by dappGambl says that 95% of people holding NFT collections are currently holding onto worthless investments. "We would estimate that 95% to include over 23 million people whose investments are now worthless," the report said. "Of the 73,257 NFT collections we identified, 69,795 of them have a market cap of 0 Ether (ETH)," the report added. readmore...

Ukrainian President Volodymyr Zelenskyy met top American businessmen and financiers during a visit to US. Sharing pictures from the meeting, Zelenskyy said he met Mike Bloomberg, Larry Fink, Bill Ackman, Kenneth Griffin, Jonathan Gray, Eric Schmidt and Robert Kraft, among others. They confirmed they were prepared to make major investments in rebuilding Ukraine after Russian war, Zelenskyy added. readmore...

Sudha Murty's assistant has filed a complaint in Bengaluru, alleging that the author's name was misused by two women to cheat people in the US. A woman allegedly collected $40 from people claiming Murty would be doing a meet-and-greet in the country. In another instance, a woman posing as Murty's assistant confirmed her presence at an event, the complaint said. readmore...

Prime Minister Srettha Thavisin said Thailand is expecting to receive investment of at least $5 billion (₹41,552 crore) from Tesla, Google and Microsoft. "Tesla would be looking into an EV manufacturing facility. Microsoft and Google are looking at data centres," he stated. Thavisin recently held talks with company executives, including Tesla's billionaire CEO Elon Musk, in New York. readmore...

Prime Minister Narendra Modi said the India-Middle East-Europe Economic Corridor (IMEC) will become the basis of world trade for the coming centuries. History will remember that the corridor was initiated by India, PM Modi added. He further stated that the success of Chandrayaan-3 and the G20 Summit doubled the joy of every Indian. readmore...