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Chennai: Prime minister Narendra Modi will inaugurate American memory chip maker Micron's Assembly, Test and Packaging (ATMP) facility in Sanand on Saturday, as per a government press release. Union minister for electronics and information technology Ashwini Vaishnaw is also expected to be present at the event. The project, which had its ground-breaking ceremony in September 2023, was the first one approved under India Semiconductor Mission. With a total outlay of over ₹22,500 crore, once the facility is fully ramped up, it will feature around 500,000 square feet of cleanroom space. from Economic Times https://ift.tt/7SHUOL4

Chennai: Indian pacer Arshdeep Singh surpassed Jasprit Bumrah to become the country's highest wicket-taker in ICC T20 World Cup history on Thursday. Arshdeep achieved this milestone (35 wickets) during his side's do-or-die match against Zimbabwe at Chennai and brought his absolute best in this crucial match, taking 3/24 in four overs.In 19 matches since his debut in the 2022 T20 World Cup, Arshdeep has taken 35 wickets at an average of 14.25 and an economy rate of 7.33, with a four-fer to his name. Bumrah was previously the leading wicket-taker for India, with 33 scalps in 23 matches at an average of 14.00, with best figures of 3/7. Bangladesh's Shakib al Hasan (50 wickets) is the top wicket-taker in the tournament's history. So far in the five matches, Arshdeep has taken eight wickets at an average of 16.00, with best figures of 3/24 coming today. In the previous edition back in 2024, Arshdeep was the joint-highest wicket-taker with 17 wickets in eight matches at an av...

New Delhi: Congress leader Rahul Gandhi on Wednesday took a swipe at Prime Minister Narendra Modi, saying it has been more than 24 hours since he challenged the PM to scrap the India-US interim trade deal and once again, he (Modi)has "quietly slipped off to Israel".In a post in Hindi on X, Gandhi said, "Narendra 'Surrender' Modi, it's been more than 24 hours since I challenged you to cancel the US Trade Deal -- and once again, you've quietly slipped off to Israel."<blockquote class="twitter-tweet">नरेंद्र “सरेंडर” मोदी, आपको US Trade Deal रद्द करने की चुनौती दिए हुए 24 घंटे से ज़्यादा हो गए - आप फिर खामोशी से Israel निकल गए।<br/><br/><br/><br />एक बार तो आप Epstein के कहने पर Israel में ‘dance and sing' कर ही चुके - अबकी बार वहां किसके कहने पर देश के हितों के ख़िलाफ़ सौदा कर के आएंगे?… <a href="https://t.co/EpvXFOelcJ">pic.twitter.com/EpvXFOelcJ</a><br/><br/><br />— R...

Mumbai: India has concluded nine free trade agreements (FTAs), covering 38 nations, enabling the country's shipments to get preferential access to nearly two-thirds of global markets, Commerce and Industry Minister Piyush Goyal said on Wednesday. Addressing the EY Entrepreneur Of The Year Awards ceremony here, Goyal said that these pacts will help Indian goods, services, agricultural and fisheries products, and labour-intensive sectors reach new markets, integrate into global value chains and enhance talent mobility. He said that every country wants to enter into a trade deal with India and added that "I have had an engagement with Chile, which wants to conclude the FTA this week. We are launching (FTA talks with) Canada, hopefully when the prime minister (Mark Carney) is here on Monday." He said that India should be able to finalise the Terms of Reference and launch FTA negotiations with Canada. Goyal underscored that India's youth and human capital are at the heart ...

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Outstanding credit to the commercial sector crossed Rs 300 lakh crore at end-January, up 14.7% year on year, signalling a pickup in loan demand in response to the 125-basis-point cut in the policy rate by the Reserve Bank of India (RBI) over the past year to spur growth. One basis point is a hundredth of a percentage point. Incremental credit growth in the first 10 months of this fiscal year was Rs 34.5 lakh crore, up 35% over the corresponding period, data published by the RBI in its latest monthly bulletin showed.128727621 The gap between bank credit and non-banking sources of credit widened in January over the corresponding period. "This shows banks have regained the ground in providing credit," said Madan Sabnavis, chief economist, Bank of Baroda. The gap between bank and non-bank sources widened to Rs 9 lakh crore for the 10 months ending January 2026. The gap was as narrow as Rs 2.5 lakh crore in 10-months ending January 2025. "The pickup in credit offtake reflects...