Four lakh gold items are hallmarked every day. Now, the hallmarking facility is available in 361 districts across the country. The Bureau of Indian Standards began its fourth phase of mandatory hallmarkingunder the Hallmarking of Gold Jewellery and Gold Artefacts Amendment Order, Over 400 million gold jewellery items have been hallmarked with a uniqueHallmark Unique Identification (HUID), ensuring greater trust and transparencyfor the consumers in the market. During the fourth phase, hallmarking centres were set up in 18 additional districtsunder Mandatory Hallmarking. Now, 361 districts are covered under MandatoryHallmarking. BIS implemented the first phase of mandatory hallmarking on June 23, 2021. Thefirst phase covered 256 districts, whereas the second phase comm...
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Assam’s Semiconductor Plant: A Game-Changer for India’s SemiconductorEcosystem India’s ambitious strides in the semiconductor industry are best exemplified by thedevelopment of a semiconductor unit in Morigaon, Assam, spearheaded by TataSemiconductor Assembly and Test Pvt Ltd (TSAT). The project, set to become oneof the country’s premier manufacturing sites, aligns with the nation’s broader goalof establishing a self-sufficient semiconductor ecosystem. The project with aninvestment of Rs 27,000 crore is expected to be operational by mid-2025. The Morigaon facility will produce up to 48 million semiconductor chips daily andemploy advanced packaging technologies like flip chips and Integrated System inPackage (ISIP). It is designed to cater to essential sectors such as auto...
Read MoreIndia’s new energy landscapeEnergy is the spinal cord for economic growth, Hardeep Puri
India’s energy landscape is rapidly evolving, boasting 651.8 million metrictons of recoverable crude oil reserves and 1,138.6 billion cubic meters ofrecoverable natural gas reserves within its sedimentary basins. Energy today has become the spinal cord for economic growth and development,said Hardeep Singh Puri, Minister of Petroleum and Natural Gas, during theinaugural ceremony of GEO India 2024, India’s premier South Asian GeosciencesConference and Exhibition in Greater Noida. He said that energy was of criticalimportance in driving economic progress, especially in a country like India, wherethe energy demand was increasing rapidly in line with its growing economy. With India’s fuel demand growing at three times the global average, 67 millionpeople visit petrol pumps every day i...
Read MoreMisinformed US prosecutors: Conspiracy to stain the Adanis’ image
The US prosecutors seem to have gone wrong in their calculation of the alleged bribe amount. The prosecutors said the Adanis agreed to pay $250 million for an energy business that would generate a profit of $2 billion in 20 years. The alleged bribe amount constitutes 12 per cent of the estimated 20-year profit. The upfront bribe amount itself would be more than the value of the aggregate 20-year profit if 20-year interest is added to the bribe amount. Such a babyish allegation is only to torture a promising Indian business group, which is rapidly expanding its global footprint. How does the Adanis become a pain in the neck of many political and business lobbies in India and abroad? Adani is a successful Indian business model with a track record of setting higher than a global stand...
Read MoreThe future YOUTH FACE AKMAS' range of beauty care and sanitizing products will take its new brand to a new level in India and abroad as the management offers the finest quality R&D-driven products. YOUTH FACE is a new cosmetic brand of AKMAS Life Science and Chemicals, a 25-year-old company with a footprint in India, Gulf countries and Africa. AKMAS is a pharmaceutical and personal beauty care product company focusingmajorly on cosmetics and hair oil. The company is rapidly expanding its brand footprint in new geographies as it is contemplating setting up exclusive brand outlets to attract beauty-conscious youngsters. It has a brand outlet in Mangaluru, Karnataka and Kasargod in Kerala. Another exclusive brand outlet is coming up in Mumbai. Inspired by the massive public respons...
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