Cargill's Pyxis Ocean test of WindWings, which are large solid sails, revealed optimistic results suggesting that wind-assisted propulsion may have the capacity to influence the maritime industry towards renewable energy. The MC Shipping Kamsarmax vessel's six-month trial with two WindWings, developed by BAR Technologies, demonstrated fuel consumption reduction, hitting a predicted performance of 3 tonnes per day, which results in a reduction of 11.2 tonnes of CO2e emissions annually. The ship, equipped with 37.5-metre WindWings, navigated major oceans, harnessing the wind to propel for
On Wednesday, India’s defence ministry signed contracts worth $975 million (80.73 billion rupees) with Hindustan Aeronautics, procuring 34 indigenous advanced light helicopters for the army and coast guard. The Indian Army strengthened its capabilities by signing a deal to purchase 25 ALH helicopters. This includes improving combat readiness in the Western Desert Zone and building a new ALH Dhruv attack helicopter squadron in Jodhpur. These helicopters, like the ALH Dhruv Mk III UT, are versatile and made for various operations, such as casualty evacuation, troop transport, and search an
Tshering Tobgay, the prime minister of Bhutan, embarked on a significant five-day visit to India. It is his first overseas trip since taking office in January. Prime Minister Narendra Modi and Tobgay are expected to have an extensive range of discussions to strengthen the long-lasting relations between India and Bhutan. When Tobgay arrived in New Delhi, Union Minister Ashwini Kumar Choubey greeted him warmly, demonstrating the friendship and solidarity between the two nations. It coincides with the Union Cabinet's acceptance of important accords, such as an agreement allowing cooperatio
On March 13, PM Modi virtually inaugurated India's first commercial semiconductor facility, Tata-Powerchip Semiconductor Manufacturing Corp. in Dholera. He also launched the CG Power-Renesas Outsourced Assembly and Test (OSAT) facility in Sanand, Gujarat, and Tata's OSAT unit in Morigaon, Assam. These projects, collectively valued at over Rs 1.25 lakh crore, received Cabinet approval on February 29. PM Modi emphasised the significance of chip manufacturing for India's self-reliance and modernization. He stated that these ventures are expected to create 20,000 direct and 60,000 indirect job
The Indian government has initiated numerous projects under the Buddhist Development Plan to promote Buddhism across several states. Smriti Irani, Minister of Minority Affairs and Women & Child Development, inaugurated 38 projects with an estimated cost of Rs. 225 crore. These projects, sanctioned under the Pradhan Mantri Jan Vikas Karyakram, are aimed at development in Himachal Pradesh, Uttarakhand, Arunachal Pradesh, Sikkim, and Ladakh. Additionally, Rs. 30 crore in financial aid was announced to strengthen the Centre for Advance Studies in Buddhist Studies at the University of Delhi
Prime Minister Narendra Modi launched the ₹1,200 crore Gandhi Ashram Memorial Masterplan in Gujarat during his visit to Ahmedabad. The project aimed at revitalising Mahatma Gandhi's teachings and philosophy, revamping infrastructure, providing modern amenities, and establishing a world-class memorial at Sabarmati Ashram. PM Modi highlighted the historical significance of March 12th, commemorating the day when Gandhi initiated the Dandi March in 1930. The project expands the ashram to 55 acres, restoring 36 existing buildings and conserving 20 old structures. New facilities will includ
President Droupadi Murmu embarked on her first state visit to Mauritius, marking a significant milestone in bilateral relations. She was honoured as the Chief Guest at Mauritius' National Day celebrations, strengthening the enduring ties between the two nations. According to the Ministry of External Affairs (MEA), President Murmu's visit demonstrates the commitment to enhancing bilateral relations across sectors and fostering inter-human connections. The visit, highlighted as a "new milestone" by MEA spokesperson Randhir Jaiswal, includes the inauguration of 14 India-assisted projects.
Welcome to The Billionaire’s Trove: Top 3 Luxe Holdings, presented by AsiaOne Magazine. Embark on an exclusive journey into the lavish world of the wealthiest billionaires.In this captivating series, we unveil the most extravagant assets owned by these business titans, from architectural marvels and private islands to groundbreaking tech enterprises and historic artworks. Get ready for an unprecedented glimpse into the portfolios that define the pinnacle of success and opulence.Each feature in The Billionaire’s Trove series offers an intimate look at the leaders behind the
India received the Measles and Rubella Champion Award for its vigorous efforts in combating these diseases. Ambassador Sripriya Ranganathan accepted the award on behalf of the Union Ministry of Health and Family Welfare at the American Red Cross Headquarters in Washington, DC, US, on March 6. The Measles and Rubella Partnership, including agencies like the American Red Cross, BMGF, GAVI, US CDC, UNF, UNICEF, and WHO, commended India's dedication to reducing global measles deaths and rubella illness. India's commitment to public health and leadership in controlling infectious diseases am
PM Narendra Modi inaugurated the Agra Metro Rail Project's priority corridor, linking UNESCO World Heritage sites such as the Taj Mahal, Agra Fort, and Sikandra Tomb for tourists. Uttar Pradesh Chief Minister Yogi Adityanath launched the Agra Metro from the Taj Mahal Metro Station and rode to the Taj East Gate Metro Station. The first corridor comprises 14 stations, with six completed, including elevated stations like the Taj East Gate and underground ones like the Taj Mahal. Initially, the service will operate between these six stations from 6 am to 10 pm, with fares ranging from Rs 10 to