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Monday, February 23, 2026 8:21 PM

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ESG task force for sustainability to be established shortly for textiles sector, according to Goyal

In order to support India’s commitment to sustainability, an ESG (environmental, social, and governance) task force will be established in the textiles sector, Piyush Goyal, Union Minister of Textiles, Consumer Affairs, Food and Public Distribution, and Commerce and Industry, announced on Saturday during the soft launch of the Ministry of Textiles’ e-commerce website for handloom and handicrafts in Rajkot, Gujarat. Gujarat Chief Minister Bhupendrabhai Patel also attended the event, which was a part of the “Saurashtra Tamil Sangamam.” The Union Minister attended the Chintan Shivir, which took place during the two-day event in Somnath and Rajkot, where discussions on many facets of the industry were held alongside officials from the Ministry of Textiles. Speaking at the event, Goyal stated that productive discussions about boosting the vibrancy of the textile industry had taken place. He continued by saying that some exporters and manufacturers receive certification for environmental, social, and governance (ESG) compliance, which assures them two times the value. To ensure this certification for more exporters and producers, efforts are being made. The minister also discussed the textile industry’s 2030 export target of attaining $100 billion and its 2030 overall target of $250 billion. Goyal stated that one of PM Narendra Modi’s five commitments were that in order to move forward with assurance, we must return to our roots. According to him, Gujarat and Tamil Nadu have a common history and culture in addition to having a robust traditional and modern textile sector.  

ESG task force for sustainability to be established shortly for textiles sector, according to Goyal Read More »

HCLTech plans to hire 15,000 freshers in FY24

HCLTech, one of the few large IT firms that onboarded all of the freshers it hired in FY23, wants to keep the campus recruitment trend going in FY24 to lessen reliance on laterals. “Our aim is to see how best we can train freshers and utilise them on projects. Our supply side planning metrics show that they can be absorbed,” CEO C Vijayakumar said. In FY23, the company hired nearly 27,000 freshers. Some of them are still getting training, according to Vijayakumar. HCLTech, the only major IT services company to provide figures for the year, has stated that 15,000 new employees will be hired in FY24. According to Vijayakumar, there are some long-term projects in industries such as manufacturing and hi-tech where clients are cutting back on tech spending, forcing some personnel on these projects to sit on the side-lines. Source: TOI

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IIM Bodh Gaya introduces a corporate law executive certificate programme

An executive certificate programme in corporate law has been introduced by the Indian Institute of Management (IIM), Bodh Gaya. The programme, which lasts for 10 months, is intended for professionals. The programme will end on February 1st, 2024. Candidates interested in applying may visit the official website at iimbg.ac.in. The purpose of this certificate programme is to instruct professionals about corporate laws and how they relate to various business-related challenges. Corporate governance, regulatory concerns, and developing and carrying out sensible financial strategies under the influence of the law will all be covered. The program’s directors, Professors Sabyasachi Mohapatra, an Associate Professor of Finance and Accounting, and Professor Soumya Prakash Patra, an Assistant Professor of law and public policy, attended the program’s launch together with Professor Vinita S. Sahay, Director of IIM Bodh Gaya. Attendees at the inauguration ceremony included candidates who have taken up the course. Professor Patra said at the ceremony that “the batch profile is dynamic in nature, which has participants of 30 years of experience to 1.8 years of experience.” Participants who have met all of the course’s criteria (attendance and evaluation) will receive a “Certificate of Completion” at the end of the programme.  

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India will have 146 carbon-neutral airports by 2025, according to Jyotiraditya Scindia

As part of his push for sustainable transport, Union Aviation Minister Jyotiraditya Scindia stated on Thursday that by 2025, 121 new airports would be completely carbon neutral. There are already roughly 25 airports in India that only use green energy, according to Scindia. Scindia emphasised that India and the European Union share a common purpose in addressing climate change when speaking remotely at the two-day EU-India aviation meeting after testing positive for Covid19. The aviation sector has adopted a number of actions to reduce its carbon footprint and mitigate emissions in response to mounting demand to do so. In order to encourage airports to use 100% green energy by 2024 and attain net-zero emissions by 2030, according to Scindia, the Indian government has pushed through a number of policies in the sector. 25 AAI airports have already reached this goal, and 121 more are anticipated to do the same by 2025, according to Scindia. As part of the bid documents for future airports, the government has enforced the usage of renewable energy, the Union Aviation Minister also stated. Additionally, we are attempting to promote the usage of sustainable aviation fuel. Indian airline operators have already used biofuel that has been blended with ATF in demonstration flights, according to Scindia. While urging EU members to collaborate with India in the development of adaptable technologies to assist the goal of reducing emissions from the aviation industry, Scindia said that India has changed its legislative framework to boost aircraft production in the nation. The government has lowered the GST rate on maintenance, repair, and overhaul (MRO) services from 18% to 5% and permitted 100 percent foreign direct investment in the industry to improve the regulatory environment for MRO service providers. To make it easier for MRO service providers to conduct business, additional new maintenance, repair, and overhaul (MRO) criteria have been introduced. Scindia urged participants in the EU aviation industry to seize these chances and join the world’s aviation market which is expanding rapidly. The EU-India aviation summit, which began on Thursday, will concentrate on the two regions’ air transport relations, the post-Covid recovery of air traffic, enhancing sustainability, ensuring safety, and developing unmanned aircraft systems.  

India will have 146 carbon-neutral airports by 2025, according to Jyotiraditya Scindia Read More »

Apple’s workforce in India might increase to 200,000: Report

Apple formally launched two of its India stores this week in Delhi and Mumbai after a long wait, but that’s not all. There are indications that the company may double the number of people working at its contract manufacturing facilities in the nation, to over 200,000. Apple’s CEO, Tim Cook, has asked the government for assistance so that Apple can increase the number of Indian component suppliers it works with. Cook has also urged the Indian government for help in preparing the workforce there to meet Apple’s needs. Apple’s primary focus in India is on contract manufacturers’ iPhone assembly lines. The company, though, wants to expand its offerings to include iPads and AirPods as well. Currently, Apple’s three Indian suppliers—Foxconn, Pegatron, and Wistron—are in charge of assembling its iPhones. According to a report cited by PTI, Apple has created 100,000 employment in India. It’s interesting to note that women in blue-collar jobs account for the majority of roles, roughly 72%. The report also emphasizes that many of the women workers are first-time job seekers and that the majority of these employment have only been available for 20 months. According to reports, there is a lot of room for expansion, investments, job creation, and export opportunities in the relationship between Apple and India. As part of its efforts to lessen its dependence on China, Apple has been seeking to increase the size of its production facilities in India. Currently, Foxconn and Wistron Corp., two Taiwanese electronics manufacturers, are in charge of assembling Apple products like iPhones in India.

Apple’s workforce in India might increase to 200,000: Report Read More »

Active COVID cases in the country have risen to 66,170

According to data published on Friday by the Union Health Ministry, India has recorded 11,692 new coronavirus infections, with 66,170 active cases. The death toll has risen to 5,31,258 with 28 deaths, including nine confirmed by Kerala, according to data updated at 8 a.m. The number of COVID cases is 4.48 crore (4,48,69,684). According to the ministry, the national COVID-19 recovery rate has been recorded at 98.67%, and the active cases currently make up 0.15 percent of all infections. A record 4,42,72,256 people have been cured of the disease, while the case fatality rate is 1.18 percent.According to the ministry’s website, 220.66 crore doses of the COVID vaccine have been administered throughout the country so far as part of the nationwide vaccination drive.  

Active COVID cases in the country have risen to 66,170 Read More »

IITs to adopt the National Credit Framework 

The National Credit Framework (NCrF) will be adopted by all 23 Indian Institute of Technology (IITs). This decision was made at an IIT Council meeting held on April 18 at IIT Bhubaneswar. The National Education Policy 2020 envisions making education more comprehensive and effective and emphasises the convergence of general (academic) education and vocational education, the UGC chairman said during his presentation on NCrF to the council. To realise this objective, a national credit accumulation and transfer system is required. A High-Level Committee was established by the Indian government, with representatives from the UGC, AICTE, NCVET, NIOS, CBSE, NCERT, DGT, Ministry of Education, and Ministry of Skill Development. The directors of all 23 IITs as well as Chairman UGC Mamidala Jagadesh Kumar attended this meeting, which was presided over by Education Minister Shri Dharmendra Pradhan. Following the UGC Chairman’s presentation, the IIT Council unanimously resolved to adopt and implement the National Credit Framework for all IITs. Additionally, Kumar asserted that the IITs had held awareness workshops for each region. The North Zone workshop was held on November 21, 2022 at IIT Delhi, the East Zone workshop was held on November 24, 2022 at IIT Bhubaneswar, the North East Zone workshop was held on November 26, 2022 at IIT Guwahati, the West Zone workshop was held on November 28, 2022 at IIT Bombay, and the South Zone workshop was held on November 29, 2022 at IIT Madras.

IITs to adopt the National Credit Framework  Read More »

In less than 200 days, the Centre deployed 5G services across 600 districts: Union MoS Chauhan

Devusinh Chauhan, the Union minister of state for communications, pledged the commitment of the Centre to deploying the newest 5G services across India in record speed, noting that India has already covered 600 districts with 5G services in less than 200 days. The minister stated that the “Antyodaya” vision, which is important in promoting inclusive welfare and development, served as the inspiration for the new public policies of the central government when addressing at the G20 Digital Economy Working Group (DEWG) meeting in Hyderabad. According to the Union MoS, “India has covered 600 districts with 5G in less than 200 days, that is one of the fastest in the world,” and “India has the second largest telecom network with the lowest data rate in the world. The development of indigenous 4G, 5G technologies in a short span of time has surprised the world.” Addressing at the gathering, Union Minister of State for Social Justice and Empowerment A. Narayanaswamy stated that the ‘Digital Antyodaya’ approach and the Accessible India campaign for bridging the digital divide by making technology accessible to all demonstrate how sympathetic the current government is to differently abled people.

In less than 200 days, the Centre deployed 5G services across 600 districts: Union MoS Chauhan Read More »

Netflix to exit the DVD delivery business after 25 years

After 25 years of revolutionising at-home TV viewing, Netflix Inc. is ending its original business of delivering DVDs. According to a statement released on Tuesday, the company will ship its last discs on September 29. Co-Chief Executive Officer Ted Sarandos said, “Our goal has always been to provide the best service for our members, but as the business continues to shrink that’s going to become increasingly difficult.” Reed Hastings and Marc Randolph, the company’s co-founders, came up with the idea, and for the tens of millions of users who received the red envelopes with the Discs in the mail, it became a ritual. The DVD era saw the creation of some of the company’s early original productions. In 2007, the company debuted its streaming operation, resulting in the downfall of Blockbuster Entertainment, the largest DVD rental chain. The iconic horror-comedy Beetlejuice was the first DVD that Netflix ever distributed. More than 5.2 billion Disks have been sent out since then. The Sandra Bullock sports drama The Blind Side was its most well-known title.

Netflix to exit the DVD delivery business after 25 years Read More »

Air India’s cabin crew and pilots now have a new salary structure

A new pay structure for its pilots and cabin crew, effective from April 1st, was recently announced by Air India, a Tata group-owned airline. Depending on the category of pilot and the number of flying hours, the new salary structure gives a minimum salary of Rs. 50,000 per month for a pilot and a maximum salary of Rs. 8.5 lakh per month. Meanwhile, the minimum wage for cabin crew is Rs. 25,000 per month, with a maximum salary of Rs. 78,000 per month based on the employee’s level. In terms of pilot levels, a junior first officer in training who is a trainee pilot will be paid Rs. 50,000 per month. After line release and up to one year of experience, junior first officers will receive a monthly salary of Rs. 2.35 lakh. A first officer of Air India earns Rs. 3.45 lakh per month, whereas an ATPL captain (SFO) earns Rs. 4.75 lakh per month. A commander with a P1 rating on the company’s aircraft type who has been internally promoted from a captain or SFO will be paid Rs. 7.50 lakh per month. Senior commanders would make Rs. 8.50 lakh per month if they have more than four years of P1 rating on a company aircraft type. Depending on their level of expertise and the number of hours they have flown, pilots are also eligible for a variety of allowances, including flying allowances, wide body allowances, domestic layover allowances, and international layover allowances.  The level of the employee and the amount of flying hours also affect the salary structure for cabin crews. A senior cabin crew member can make up to Rs. 64,000 per month, while an executive cabin crew member can make up to Rs. 78,000 per month. A trainee cabin crew member would receive Rs. 25,000 per month. Flight allowances, airport standby allowances, check crew allowances, and international and domestic layover allowances are also available to cabin crews. It’s vital to remember that the pay structure assumes that both pilots and cabin crews fly 70 hours per month. Movements between levels will also be subject to the company’s safety and disciplinary policies. According to Air India, the goal of this new pay structure is to attract and retain talent in the aviation industry.

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