Paris, December 5, 2024 (TBB Bureau): The world’s first comprehensive study on the economic impact of generative AI in the music and audiovisual industries has unveiled alarming insights about the future of human creators. Commissioned by the International Confederation of Societies of Authors and Composers (CISAC) and conducted by PMP Strategy, the report warns that generative AI could substantially enrich ...

New Delhi, December 4, 2024 (TBB Bureau): In a significant push toward enhancing India’s energy security and economic development, the Ministry of Coal is set to launch the 11th round of Commercial Coal Mine Auctions on Thursday, December 5. A total of 27 coal blocks, located across various states, will be offered for bidding, aiming to stimulate regional economic growth ...

New Delhi, December 4, 2024 (TBB Bureau): India’s trade landscape exhibited resilience and moderate growth during the first half of 2024, with total trade increasing by 5.45% year-on-year to $576 billion, according to NITI Aayog’s latest Trade Watch Quarterly Report. Released on Wednesday, the comprehensive report offers insights into the country’s trade performance, sectoral dynamics, and emerging opportunities against a ...

Bhubaneswar, December 3, 2024 (TBB Bureau): The Sijimali Bauxite Block, located across the adjoining districts of Kalahandi and Rayagada, is poised to become a key driver of socio-economic development, particularly for the indigenous tribal communities in the region. Owned by Vedanta Aluminium, the project promises to significantly improve the living standards of local populations, while simultaneously fostering sustainable development in ...

New Delhi, December 3, 2024 (TBB Bureau): The Union India has reiterated its commitment to supporting farmers by ensuring the uninterrupted availability of fertilizers at affordable prices, even amid ongoing global uncertainties caused by the Russia-Ukraine conflict. Union Minister of State for Chemicals and Fertilizers Anupriya Patel highlighted the measures in place during a Rajya Sabha session on Tuesday. Urea ...

New Delhi, December 3, 2024 (TBB Bureau): The Maritime India Vision (MIV) 2030 is redefining the future of India’s maritime sector, laying a comprehensive framework for the holistic development of ports, shipping, and waterways. With 150 transformative initiatives spanning ten interconnected themes, MIV 2030 is designed to propel India into global maritime leadership, Union Minister for Ports, Shipping & Waterways, ...

New Delhi, December 3, 2024 (TBB Bureau): India has achieved a significant milestone in enhancing the operational efficiency of its major ports, with the average turnaround time for ships being reduced by an impressive 48.65 per cent over the past decade. Union Minister for Ports, Shipping & Waterways, Sarbananda Sonowal, informed the Rajya Sabha on Tuesday that the turnaround time ...

New Delhi, December 3, 2024 (TBB Bureau): The Ministry of Ports, Shipping, and Waterways unveiled a slew of initiatives to advance the goals of the Maritime India Vision 2030 (MIV 2030) and the ambitious Maritime Amrit Kaal Vision 2047 (MAKV 2047). Announced by Union Minister Sarbananda Sonowal in the Rajya Sabha on Tuesday, these efforts aim to propel India towards ...

Paradip, December 3, 2024 (TBB Bureau): In a heartwarming celebration of inclusivity and empowerment, the Paradip Port Authority (PPA) observed the International Day of Persons with Disabilities at JAGRUTY School for differently-abled children. The event was a testament to PPA’s commitment to the welfare and development of individuals with special needs. Paradip Port Authority Chairman, P.L. Haranadh, graced the occasion ...

New Delhi, December 3, 2024 (TBB Bureau): India’s power consumption witnessed a robust increase of 5.14 per cent in November 2024, reaching 125.44 billion units compared to 119.30 billion units during the same period last year, according to official data. The surge in energy demand is seen as a positive indicator of heightened commercial and industrial activity, signalling a continued ...