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Letters to Editor

Letters to Editor

@businessline

Government transferred CBSE Chairman and Secretary, starting an inquiry into a vendor with a "dodgy track record." An ethical hacker's findings on the OSM application's "lacunae" must be taken seriously. Mother Dairy's eco-friendly milk pouch is a great initiative, and other food industries must emulate it.

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Coromandel launches Gromor Gram initiative in 101 villages across 12 states

Coromandel launches Gromor Gram initiative in 101 villages across 12 states

@businessline

Coromandel International Ltd said on Monday it started 'Gromor Gram model initiative' in 101 villages across 12 states. The project aims to bridge the gap between research and farming, encouraging balanced nutrient management. "These model villages will empower farmers to adopt balanced nutrition practices," said Madhab Adhikari. Many farmers got access to services like soil testing.

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'Last year we exported Rs 35,000 crore components to China': Ashwini Vaishnaw

'Last year we exported Rs 35,000 crore components to China': Ashwini Vaishnaw

Economic Times

India exported Rs 35,000 crore components to China last year. Union Minister Ashwini Vaishnaw said around 250 new component factories will be set up in two to three years, creating 25 lakh quality jobs. India is moving up the value chain, designing and manufacturing complex products.

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India's current account deficit widens in FY26, RBI data reveals

India's current account deficit widens in FY26, RBI data reveals

Economic Times

India's current account deficit widened to $25.2 billion in FY26, RBI data showed. This happened due to a larger merchandise trade deficit, despite a Q4 surplus from services. Net invisible receipts and FDI inflows increased, but foreign portfolio investors withdrew funds, causing foreign exchange reserves to fall.

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Ashwini Vaishnaw says India has moved beyond 'screwdriver technology' in manufacturing

Ashwini Vaishnaw says India has moved beyond 'screwdriver technology' in manufacturing

@businessline

Union Minister Ashwini Vaishnaw said India has moved beyond "screwdriver technology" in manufacturing. He showed a steel block made of hidden pieces, explaining how precision allows complex components to appear as one. India now makes components, exporting ₹35,000 crore worth to China last year, creating 25 lakh jobs.

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Pennant Technologies Achieves SOC 2® Type 2 Compliance for Its Digital Lending Platform

Pennant Technologies Achieves SOC 2® Type 2 Compliance for Its Digital Lending Platform

@businessline

Pennant Technologies got SOC 2 Type 2 compliance for its digital lending platform, pennApps Lending Factory. This shows strong controls to safeguard data. E Com Security Solutions certified the platform meets AICPA Trust Services Criteria. Rama Krishna Raju said, "Security, compliance, and trust are at the core." This assures clients of a robust, compliant foundation.

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India's cotton area may rise 15% this year, says trade

India's cotton area may rise 15% this year, says trade

@businessline

India's cotton area may rise 15% this year, says trade. Farmers are preferring cotton as it needs less water. Atul Ganatra said, "Overall in Central India, cotton sowing is likely to increase by 15 per cent." Gujarat has already brought close to one lakh hectares under cotton.

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Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in Assam

Cairn, Vedanta Oil & Gas raises output from Hazarigaon gas field in Assam

Economic Times

Cairn Vedanta Oil & Gas got its highest gas production from the Hazarigaon field in Assam this month. The field produced 178,361 scm/day, contributing to India's energy security. This gas supports tea gardens, powers CNG buses, and supplies Numaligarh Refinery. The company uses resources efficiently.

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Delhi to Siliguri in 6 hours: New Bullet Train project via Lucknow, Varanasi and Patna set to cut travel time

Delhi to Siliguri in 6 hours: New Bullet Train project via Lucknow, Varanasi and Patna set to cut travel time

Financial Express

Railway Minister Ashwini Vaishnaw said a new bullet train project will connect Delhi to Siliguri in just 6 hours. The route will pass through Lucknow, Varanasi, and Patna. This project aims to cut travel time from 20 hours significantly. Many other bullet train corridors are also planned across India.

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DeepSeek close to sealing $7 billion funding in historic AI deal

DeepSeek close to sealing $7 billion funding in historic AI deal

Economic Times

Chinese AI startup DeepSeek is close to sealing a $7.4 billion funding round. Tech giants Tencent and CATL are leading the investment, with the National AI Industry Investment Fund also participating. This deal shows China's ambition to compete with US AI leaders. DeepSeek's founder personally invested 20 billion yuan.

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UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding

UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding

Economic Times

Britain is investing £1.1 billion to boost its AI hardware. A new national supercomputer is planned for 2030. The country also got funding for its own chip companies. This plan aims to strengthen Britain's independent AI hardware capabilities. The initiative includes investments in next-generation processors and skills development.

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India posts 0.7% current account surplus in March quarter

India posts 0.7% current account surplus in March quarter

mint

India posted a 0.7% current account surplus in the March quarter, a welcome change from the previous quarter's deficit. This surplus showed improved external stability. Remittances from overseas workers were a "positive surprise," with the West Asia crisis possibly leading to precautionary fund transfers. Foreign direct investment also saw an increase.

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India exported Rs 35,000 crore in electronics components to China, says Ashwini Vaishnaw

India exported Rs 35,000 crore in electronics components to China, says Ashwini Vaishnaw

@businessline

India exported Rs 35,000 crore in electronics components to China last year. Minister Ashwini Vaishnaw said, "We are manufacturing components, already 75 factories for electronics components are under construction." About 250 more factories are expected in two to three years, creating many jobs. India is moving up the value chain like other successful nations.

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