Author: Team Admin

New Delhi: India climbed one place to 39th rank out of 133 economies in the Global Innovation Index (GII) 2024 rankings, according to a report by the Geneva-based World Intellectual Property Organization. Last year, the country was ranked 40th. “India rises to 39th position among 133 global economies in the Global Innovation Index 2024,” Commerce and Industry Piyush Goyal said in a post on social media platform X. India’s innovation landscape continues to flourish, powered by our innovators and entrepreneurs, he said. The consistent improvement in the GII ranking is owing to the knowledge capital, vibrant start-up ecosystem, and the…

Beijing, China: China’s ambitions to enhance its naval capabilities have encountered a setback following the sinking of its newest nuclear-powered attack submarine, the Zhou-class, at a shipyard near Wuhan. The incident, which occurred in late May or early June, was confirmed by US officials and first reported by the Wall Street Journal. US media reports said that the Zhou-class submarine was the first of its kind and represented a new generation of Chinese nuclear submarines designed for stealth and efficiency. It was intended to bolster China’s undersea warfare capabilities, particularly in monitoring and potentially confronting US naval forces in the…

New Delhi: Maintaining financial discipline and regulatory compliance, domestic airline SpiceJet has cleared all its Goods and Services Tax (GST) dues. The airline in a statement on Friday informed that the payment of GST dues follows SpiceJet’s recent successful Qualified Institutional Placement (QIP), which raised INR 3000 crore. The QIP attracted a diverse range of top-tier institutional investors and funds, including marquee names such as Goldman Sachs (Singapore), Morgan Stanley Asia, Tata Mutual Fund, and Discovery Global Opportunity Ltd. “We are proud to have cleared all GST dues, a significant step towards reinforcing our commitment to financial discipline and regulatory…

Mumbai: Union minister Nitin Gadkari on Thursday said he had received offers to become prime minister “multiple times” before and after Lok Sabha polls. Mr Gadkari made the statement at the India Today conclave when asked if he could divulge details about his earlier remark that an opposition party leader had offered support if he was ready to take up the post of PM. “I have received such an offer multiple times, even before the (Lok Sabha) election and afterwards,” he said. When the interviewers sought to know if Mr Gadkari had received offers to become PM after the Lok…

New Delhi: Amid increased terrorist activity and attacks in Jammu, the government has decided to invest heavily on the upgradation of fencing and will build various infrastructure along the Indo-Pakistan border. Importantly, the High Level Empowered Committee (HLEC) has also cleared various projects in Rajasthan, Gujarat, and Punjab apart from Jammu that were under discussion. The committee has decided to upgrade existing fencing with newer, more durable materials to prevent infiltration. More than 500 kilometre of fencing will be upgraded in infiltration-prone areas. The matter of fencing along Indo-Pakistan border was also raised in a high-level meeting chaired by Union…

Team Goemkarponn PANAJI: Fisheries Minister Nilkanth Halarnkar, announced the creation of an enforcement branch to keep an eye on cross-border fishing operations. He told reporters, “I had a meeting with the officials of ICG and State Coastal Police to discuss how the interest of traditional fishermen could be protected and those entering their area could be prevented,” following a joint meeting with representatives of the Indian Coast Guard (ICG) and the Goa Coastal Security Police. According to Halarnkar, “the officials agreed to protect the traditional fishermen’s interests and have asked to provide them with the necessary equipment.” The minister claimed…

Team Goemkarponn Desk PANAJI: Within 12 nautical miles of Indian waters, anyone from the nation is permitted to go fishing, according to Indian Coast Guard (ICG) Deputy Inspector General Manoj Bhatia’s statement on Thursday. He said, “There is nothing called illegal fishing,” when addressing media. When fisherman from another nation enter your water or territory, it is considered illegal fishing. It is not considered unlawful fishing if a Maharashtra fisherman is fishing in Goa; nevertheless, it is considered illegal fishing if a foreigner fishes here. It is a matter of state. In terms of the Coast Guard, we address any…