Indian Prime Minister Narendra Modi launched three PARAM Rudra Supercomputers and High-Performance Computing systems to the nation. These systems have been installed in Delhi, Pune, and Kolkata respectively. Watch to know more.

PARAM Rudra: Indian PM Narendra Modi Launches Three Supercomputers

China on Thursday (September 26) released a statement expressing its disapproval regarding an Indian mountaineering team’s decision to name a previously unnamed peak in Arunachal Pradesh after the 6th Dalai Lama.

China on Thursday (September 26) released a statement expressing its disapproval regarding an Indian mountaineering team’s decision to name a previously unnamed peak in Arunachal Pradesh after the 6th Dalai Lama. China's response to the naming Chinese Foreign Ministry spokesperson Lin Jian during a media briefing in Beijing said, “It’s illegal, and null and void for India to set up the so-called ‘Arunachal Pradesh’ in Chinese territory.” Also read: BRICS Foreign Ministers meeting: Jaishankar urges action on sustainable development and fair trade This statement comes after an expedition by the National Institute of Mountaineering and Adventure Sports (NIMAS), which is part of the Ministry of Defence. A team led by Colonel Ranveer Singh Jamwal successfully climbed an unnamed peak measuring 20,942 feet in Arunachal Pradesh and chose to honour the sixth Dalai Lama, Tsangyang Gyatso, by naming the summit after him. The Dalai Lama was born in 1682 in the Mon Tawang area. A tribute to the Dalai Lama’s legacy According to a press release from the Defence Ministry, naming the peak after the Sixth Dalai Lama was intended to pay homage to his enduring wisdom and significant contributions to the Monpa community and beyond. Arunachal Pradesh chief minister congratulates the team Meanwhile, Arunachal Pradesh Chief Minister Pema Khandu congratulated the NIMAS team on their achievement. He wrote on X, “Led by Director Ranveer Jamwal, they’ve successfully summited an untamed peak in the Gorichen Massif of Mon Tawang Region of Arunachal Pradesh, reaching an impressive 6,383 meters!” China's consistent territorial claims on Arunachal Pradesh In response to the naming, Lin Jian mentioned that he was unaware of the specific details regarding the name. “Let me say more broadly that the area of Zangnan is Chinese territory… This has been China’s consistent position,” he added. China considers Arunachal Pradesh as part of South Tibet. Since 2017, Beijing has been renaming locations in Arunachal Pradesh, which it refers to as Zangnan, to reinforce its territorial claims, saying that the area is an “inherent part of China’s territory.” India, however, has continually rejected China’s claim over Arunachal Pradesh, maintaining that the state is an "integral" and "inalienable" part of the country. (With inputs from agencies)

China fumes over India's decision to name unnamed peak in Arunachal after Dalai Lama; calls it ‘null and void’

China released a statement expressing its disapproval regarding an Indian mountaineering team’s decision to name a previously unnamed peak in Arunachal Pradesh after the 6th Dalai Lama.

China Expresses Displeasure Over Naming Peak After 6th Dalai Lama

India-funded infrastructure projects in Bangladesh have hit a roadblock as work on eight major rail and road developments has been halted for over a month and a half.

India-Bangladesh Projects Stalled Amid Crisis

Another temple in the united states has been vandalised. The BAPS Shri Swaminarayan mandir in the Sacramento area of California was desecrated with Anti-Hindu messages. Molly Gambhir tells you more!

Temple Vandalised In US With Anti-Hindu Messages, Water Supply Cut

#gravitas | Investigation against an online gaming app led the enforcement directorate to a Rs 400-crore fraud involving Chinese nationals. The app promised users quick money by playing mini-games. But it was a meticulously planned operation that robbed people out of their hard-earned money.

India Cracks Down On China’s 400 Crore Game Fraud

Israel on Thursday ruled out the ceasefire plan proposed by the US, France, and other allies, and Prime Minister Benjamin Netanyahu told the country's military to keep fighting with "full force". The American-French proposal&nbsp;called for an immediate 21-day ceasefire.&nbsp;

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At least 46 people died in the eastern Indian state of Bihar over the last 24 hours in separate drowning incidents during the celebration of the 'Jivitputrika' festival. The festival was celebrated on Wednesday (Sep 25) and deaths have been reported from at least 15 districts of the state, the government said. During the 'Jivitputrika' festival, women observe fast for the well-being of their children and both take holy dips in rivers and ponds.

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Indian Prime Minister Narendra Modi on Thursday dedicated three PARAM Rudra Supercomputers and High-Performance Computing systems to the nation. These systems have been installed in Delhi, Pune, and Kolkata&nbsp;respectively.

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Joker and Harley Quin suited up for this one. Actors Joaquin Phoenix and Lady Gaga appeared on the red carpet in London on Wednesday night for the UK premiere of&nbsp;Joker: Folie A Deux.

Israel on Thursday ruled out the ceasefire plan proposed by the US, France, and other allies, and Prime Minister Benjamin Netanyahu told the country's military to keep fighting with "full force".

Israel on Thursday ruled out the ceasefire plan proposed by the US, France, and other allies, and Prime Minister Benjamin Netanyahu told the country's military to keep fighting with "full force". The American-French proposal called for an immediate 21-day ceasefire. Meanwhile, New York City Mayor Eric Adams was charged with five federal charges of bribery, fraud and soliciting illegal foreign campaign donations. Adams was accused of acting on Turkey’s behalf. Click on the headlines to read more Israel rules out US-France ceasefire plan; asks military to fight with ‘full force’ Hours after the US, France, and other allies called for an immediate 21-day ceasefire, Israeli Prime Minister Benjamin Netanyahu told the country's military to keep fighting with "full force", his office said. NYC Mayor Adams charged with bribery, fraud; accused of acting on Turkey’s behalf New York City Mayor Eric Adams was indicted on five federal charges of bribery, fraud and soliciting illegal donations from foreign campaigns. The indictment comes three years after authorities opened an investigation against him in 2021, with primary charges coming from allegations that he may have received funds from the Turkish government in exchange for official actions on Ankara’s behalf. Ben Gvir threatens to exit coalition if Netanyahu okays Lebanon ceasefire Israel National Security Minister Itamar Ben Gvir on Thursday threatened to withdraw his party, Otzma Yehudit, from Prime Minister Benjamin Netanyahu’s government if he agrees to a ceasefire in Lebanon. ‘Your three generations...,’ India’s home minister dares rivals to restore Article 370 in Jammu-Kashmir India’s Home Minister Amit Shah on Thursday (Sep 26) took on the alliance of Congress and National Conference in Jammu and Kashmir and dared them to restore Article 370 in the Union Territory. Shah said that “neither them nor three generations of their family” will be able to restore the scrapped special status of the region. He also accused the alliance of sympathising with terrorism and held them responsible for the deaths of over 40,000 people in the UT. OpenAI trudges towards for-profit structure amid high-profile exits Amid high-profile exits from the company, OpenAI is reportedly planning to become a for-profit entity and is already preparing to change its corporate structure. News agency Reuters reported that the US-based AI startup is seeking to raise $6.5 billion in funding. However, the company will use its profits only ‘for the welfare of society and public.’ The company will no longer be controlled by its non-profit board. US House Speaker Johnson accuses Zelensky of ‘election interference’ after his visit to arms factory Ukrainian President Volodymyr Zelensky's visit to an arms factory in the US prompted criticism, following which speaker of the US House Mike Johnson demanded Ukraine to fire its ambassador to Washington. India: 46 die, including 37 children, in Bihar during festival of ‘well-being’ At least 46 people died in the eastern Indian state of Bihar over the last 24 hours in separate drowning incidents during the celebration of the 'Jivitputrika' festival. The festival was celebrated on Wednesday (Sep 25) and deaths have been reported from at least 15 districts of the state, the government said. During the 'Jivitputrika' festival, women observe fast for the well-being of their children and both take holy dips in rivers and ponds. PM Modi launches three PARAM Rudra supercomputers Indian Prime Minister Narendra Modi on Thursday dedicated three PARAM Rudra Supercomputers and High-Performance Computing systems to the nation. These systems have been installed in Delhi, Pune, and Kolkata respectively. 'They are unbeatable,' says Bangladesh all-rounder Shakib Al Hasan about India ahead of second Test Bangladesh all-rounder Shakib Al Hasan says India are unbeatable at home ahead of the second Test of the two-match series which starts on Friday (Sep 27) in Kanpur. India are already ahead 1-0 in the series after winning the first Test in Chennai by 280 runs. Shakib also said that they beat Pakistan recently in the Test series as Bangladesh are more experienced side. Bangladesh had won the two-Test series 2-0 against Pakistan ahead of the India tour. Lady Gaga and Joaquin Phoenix glam up for K premiere of Joker: Folie A Deux, see pics Joker and Harley Quin suited up for this one. Actors Joaquin Phoenix and Lady Gaga appeared on the red carpet in London on Wednesday night for the UK premiere of Joker: Folie A Deux.

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India has officially confirmed itself as a superpower in the world of Chess by winning the gold medal in both the open and women's category at the chess Olympiad in Budapest. One of the brightest stars of India's golden generation R Praggnanandhaa was central to his team success in the open event.

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Indian Prime Minister Narendra Modi on Thursday dedicated three PARAM Rudra Supercomputers and High-Performance Computing systems to the nation. These systems have been installed in Delhi, Pune, and Kolkata&nbsp;respectively.

"These supercomputers will go a long way in ensuring that India's scientists have access to state-of-the-art facilities," the Prime Minister said. "The three supercomputers launched today will help in advanced research from physics, earth science, and cosmology."

"To instill scientific temperaments in young minds, 10,000 Atal Tinkering Labs have been set up in schools. Additionally, scholarships for STEM subjects have been increased," he added.

The National Supercomputing Mission (NSM) was established to provide the country with a robust supercomputing infrastructure to meet the growing computational needs of academia, researchers, MSMEs, and startups. It is the first initiative of its kind aimed at boosting the country's computing power.

The National Supercomputing Mission is jointly managed by the Department of Science and Technology (DST) and the Ministry of Electronics and Information Technology (MeitY) and is being implemented by the Centre for Development of Advanced Computing (C-DAC), Pune, and the Indian Institute of Science (IISc), Bengaluru.

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These supercomputers are equipped with applications catering to domains such as Weather and Climate, Computational Fluid Dynamics, Bioinformatics, and Material Science. The systems offer Artificial Intelligence (AI) capabilities over Machine Learning and Deep Learning frameworks, along with Compute and Storage as a cloud service.

"In this year's budget, a research fund of Rs 1 lakh crore has been announced so that India empowers the 21st century world," PM Modi added.

Highlighting India's achievements in the space sector, the Prime Minister pointed to recent successes, saying, "India aims to establish the 'Bharatiya Antariksha Station' by 2035."

In 2023, India reached new heights with the successful soft landing of Chandrayaan-3 at the Moon's South Pole and the launch of Aditya-L1, India's first solar mission. These milestones not only strengthened India's position in the global space economy but also bolstered the growth of the private space sector in the country.

Watch |&nbsp;PM Modi's US Visit: Indian PM Modi attends tech CEOs round table in US

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India is now preparing for the ambitious Gaganyaan mission, which aims to demonstrate human spaceflight capabilities by launching a crew of astronauts into orbit and safely bringing them back to Earth, with a planned landing in India's sea waters.

The semiconductor sector has also become a crucial component of India's growth, PM Modi noted.

The government has so far approved five semiconductor units in India, with construction already underway at two sites. Work on the remaining three sites will commence soon. The companies have already made cumulative investments of nearly Rs 1.5 lakh crore.

Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION&nbsp;audience.

Indian Prime Minister Narendra Modi on Thursday dedicated three PARAM Rudra Supercomputers and High-Performance Computing systems to the nation. These systems have been installed in Delhi, Pune, and Kolkata respectively.

Indian Prime Minister Narendra Modi on Thursday dedicated three PARAM Rudra Supercomputers and High-Performance Computing systems to the nation. These systems have been installed in Delhi, Pune, and Kolkata respectively. "These supercomputers will go a long way in ensuring that India's scientists have access to state-of-the-art facilities," the Prime Minister said. "The three supercomputers launched today will help in advanced research from physics, earth science, and cosmology." "To instill scientific temperaments in young minds, 10,000 Atal Tinkering Labs have been set up in schools. Additionally, scholarships for STEM subjects have been increased," he added. The National Supercomputing Mission (NSM) was established to provide the country with a robust supercomputing infrastructure to meet the growing computational needs of academia, researchers, MSMEs, and startups. It is the first initiative of its kind aimed at boosting the country's computing power. The National Supercomputing Mission is jointly managed by the Department of Science and Technology (DST) and the Ministry of Electronics and Information Technology (MeitY) and is being implemented by the Centre for Development of Advanced Computing (C-DAC), Pune, and the Indian Institute of Science (IISc), Bengaluru. Also read: Modi meets tech CEOs in US: Google and Nvidia to boost AI engagement in India These supercomputers are equipped with applications catering to domains such as Weather and Climate, Computational Fluid Dynamics, Bioinformatics, and Material Science. The systems offer Artificial Intelligence (AI) capabilities over Machine Learning and Deep Learning frameworks, along with Compute and Storage as a cloud service. "In this year's budget, a research fund of Rs 1 lakh crore has been announced so that India empowers the 21st century world," PM Modi added. Highlighting India's achievements in the space sector, the Prime Minister pointed to recent successes, saying, "India aims to establish the 'Bharatiya Antariksha Station' by 2035." In 2023, India reached new heights with the successful soft landing of Chandrayaan-3 at the Moon's South Pole and the launch of Aditya-L1, India's first solar mission. These milestones not only strengthened India's position in the global space economy but also bolstered the growth of the private space sector in the country. Watch | PM Modi's US Visit: Indian PM Modi attends tech CEOs round table in US × India is now preparing for the ambitious Gaganyaan mission, which aims to demonstrate human spaceflight capabilities by launching a crew of astronauts into orbit and safely bringing them back to Earth, with a planned landing in India's sea waters. The semiconductor sector has also become a crucial component of India's growth, PM Modi noted. The government has so far approved five semiconductor units in India, with construction already underway at two sites. Work on the remaining three sites will commence soon. The companies have already made cumulative investments of nearly Rs 1.5 lakh crore. Disclaimer: This story has been published from a news agency feed with minimal edits to adhere to WION's style guide. The headline may have been changed to better reflect the content of the story or to make it more suitable for WION audience.

PM Modi launches three PARAM Rudra supercomputers developed indigenously

A US Army report has revealed the deployment of China’s People’s Liberation Army (PLA) along the Line of Actual Control (LAC), raising concerns over Beijing’s strategic intentions. The report suggests that China may be playing a double game, engaging in diplomacy while simultaneously increasing its military presence near the disputed India-China border. This development has heightened tensions in the region, with the U.S. calling attention to China's aggressive posturing amidst ongoing border disputes.

US Army Report Flags China's 'Continuous' Troop Buildup On LAC

The Indian government has set up a committee of experts who will be responsible for setting up a repairability index for electronic products including smartphones. The idea is to provide customers with complete repair information, accessible spare parts, affordable tools and modular product design. Watch in for more details!

India To Soon Introduce Repairability Index, Here's What It Means?

At least 46 people died in the eastern Indian state of Bihar over the last 24 hours in separate drowning incidents during the celebration of the 'Jivitputrika' festival. The festival was celebrated on Wednesday (Sep 25) and deaths have been reported from at least 15 districts of the state, the government said. During the 'Jivitputrika' festival, women observe fast for the well-being of their children and both take holy dips in rivers and ponds.

A statement issued by the state Disaster Management Department (DMD) said, “A total of 43 bodies have been recovered so far. Further search operation is on."

Chief Minister Nitish Kumar&nbsp;has announced a compensation of ₹ 4 lakh ($4,800) for the next of kin of those who died. The government added that the families of eight victims have already received the compensation.

"The incidents of drowning were reported from East and West Champaran, Nalanda, Aurangabad, Kaimur, Buxar, Siwan, Rohtas, Saran, Patna, Vaishali, Muzaffarpur, Samastipur, Gopalganj and Arwal districts,” the statement said.

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Most of the victims in the tragedy were children, with government putting the official toll at 37 for children and 7 for women. However, the toll is expected to rise as more bodies are recovered by the authorities.

At least eight children drowned in Aurangabad district alone, followed by four in Itahat village in Baruna and four in Kushaha village of Madanpur.

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Aurangabad District Magistrate Srikant Shastri said, "The incidents took place when the victims, along with their family members, went for a holy dip in the water bodies."

(With inputs from agencies)

At least 46 people died in the eastern Indian state of Bihar over the last 24 hours in separate drowning incidents during the celebration of the 'Jivitputrika' festival.

At least 46 people died in the eastern Indian state of Bihar over the last 24 hours in separate drowning incidents during the celebration of the 'Jivitputrika' festival. The festival was celebrated on Wednesday (Sep 25) and deaths have been reported from at least 15 districts of the state, the government said. During the 'Jivitputrika' festival, women observe fast for the well-being of their children and both take holy dips in rivers and ponds. A statement issued by the state Disaster Management Department (DMD) said, “A total of 43 bodies have been recovered so far. Further search operation is on." Chief Minister Nitish Kumar has announced a compensation of ₹ 4 lakh ($4,800) for the next of kin of those who died. The government added that the families of eight victims have already received the compensation. "The incidents of drowning were reported from East and West Champaran, Nalanda, Aurangabad, Kaimur, Buxar, Siwan, Rohtas, Saran, Patna, Vaishali, Muzaffarpur, Samastipur, Gopalganj and Arwal districts,” the statement said. Also read: Anna Sebastian Perayil case: EY Pune operating since 2007 without required permits, reveal authorities Most of the victims in the tragedy were children, with government putting the official toll at 37 for children and 7 for women. However, the toll is expected to rise as more bodies are recovered by the authorities. At least eight children drowned in Aurangabad district alone, followed by four in Itahat village in Baruna and four in Kushaha village of Madanpur. Also read: Bihar man helps wife marry her childhood lover, wishes them `happy life ahead` Aurangabad District Magistrate Srikant Shastri said, "The incidents took place when the victims, along with their family members, went for a holy dip in the water bodies." (With inputs from agencies)

India: 46 die, including 37 children, in Bihar during festival of ‘well-being’

India officially confirmed itself as a superpower in World Chess by winning the gold medal in both the open and women's category at the chess Olympiad in Budapest. One of the brightest stars of India's golden generation R Praggnanandhaa was central to his team success in the open event. Watch in for more details!

Grandmaster Praggnanandhaa Speaks To WION On India's Historic Chess Olympiad Triumph | Exclusive

According to the Election Commission of India, the voter turnout in the second phase of polls was recorded at 57.03 per cent – lower than the 61.13 per cent polling seen in the first phase of elections. The 2014 figure stood above 60 per cent in the Assembly segments in the six districts that went to polls on Wednesday.

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Addressing a special UN Security Council (UNSC) session on Tuesday (Sep 24) in New York, Ukrainian&nbsp;President Volodymyr Zelensky said he had already invited&nbsp;India to join the peace process to end the ongoing war.

Zelensky urged the powerful UN body to prepare for the second peace summit as the war supposedly enters its business end.&nbsp;

"And I invite all of you, all principle nations to join us in this process, all who truly respect the UN Charter. We invite China. We invite Brazil. I have already invited India," said Zelensky.&nbsp;

"We all know what needs to be done if we honestly look at the situation and truly want to stop Russia's war. Most importantly, act together, of course in unity, without creating new and unnecessary divisions of the world into blocks or regional groups," he added.

The first peace summit was held in Switzerland in June and saw the participation of 101 countries while more than 80 countries signed a&nbsp;declaration endorsing “principles of sovereignty, independence and territorial integrity of all states, including Ukraine".&nbsp;

<a href="https://www.wionews.com/videos/pm-modi-meets-ukrainian-president-zelensky-before-concluding-his-three-day-us-visit-761388">Watch |&nbsp;PM Modi Meets Ukrainian President Zelensky Before Concluding His Three-Day US Visit</a>

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<h2>India stands for peace</h2>

India under Prime Minister Narendra Modi has actively sought for a peaceful resolution to the war. During his meeting with Zelensky on the sidelines of the UN General Assembly, New Delhi reaffirmed its stance on the issue.&nbsp;

"Met President @ZelenskyyUa in New York. We are committed to implementing the outcomes of my visit to Ukraine last month to strengthen bilateral relations. Reiterated India’s support for early resolution of the conflict in Ukraine and restoration of peace and stability," wrote PM Modi on X (formerly Twitter).&nbsp;

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Met President <a href="https://twitter.com/ZelenskyyUa?ref_src=twsrc%5Etfw">@ZelenskyyUa</a> in New York. We are committed to implementing the outcomes of my visit to Ukraine last month to strengthen bilateral relations. Reiterated India’s support for early resolution of the conflict in Ukraine and restoration of peace and stability. <a href="https://t.co/YRGelX1Gl5">pic.twitter.com/YRGelX1Gl5</a>
— Narendra Modi (@narendramodi) <a href="https://twitter.com/narendramodi/status/1838337654850556211?ref_src=twsrc%5Etfw">September 23, 2024</a></blockquote>
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This was the third meeting between the two leaders in little over three months, with Zelensky stating that the two nations were developing their relations and "working together to strengthen cooperations across various fields.&nbsp;

Prior to Monday's meeting, the two leaders had met in Kyiv last month when PM Modi arrived on a historic one-day visit which was the first ever by an Indian PM since the diplomatic relations between the two nations were established in 1992.&nbsp;

(With inputs from agencies)

Addressing a special UN Security Council (UNSC) session on Tuesday (Sep 24) in New York, Ukrainian President Volodymyr Zelensky said he had already invited India to join the peace process to end the ongoing war.

Addressing a special UN Security Council (UNSC) session on Tuesday (Sep 24) in New York, Ukrainian President Volodymyr Zelensky said he had already invited India to join the peace process to end the ongoing war. Zelensky urged the powerful UN body to prepare for the second peace summit as the war supposedly enters its business end. "And I invite all of you, all principle nations to join us in this process, all who truly respect the UN Charter. We invite China. We invite Brazil. I have already invited India," said Zelensky. "We all know what needs to be done if we honestly look at the situation and truly want to stop Russia's war. Most importantly, act together, of course in unity, without creating new and unnecessary divisions of the world into blocks or regional groups," he added. The first peace summit was held in Switzerland in June and saw the participation of 101 countries while more than 80 countries signed a declaration endorsing “principles of sovereignty, independence and territorial integrity of all states, including Ukraine". Watch | PM Modi Meets Ukrainian President Zelensky Before Concluding His Three-Day US Visit × India stands for peace India under Prime Minister Narendra Modi has actively sought for a peaceful resolution to the war. During his meeting with Zelensky on the sidelines of the UN General Assembly, New Delhi reaffirmed its stance on the issue. "Met President @ZelenskyyUa in New York. We are committed to implementing the outcomes of my visit to Ukraine last month to strengthen bilateral relations. Reiterated India’s support for early resolution of the conflict in Ukraine and restoration of peace and stability," wrote PM Modi on X (formerly Twitter). Met President @ZelenskyyUa in New York. We are committed to implementing the outcomes of my visit to Ukraine last month to strengthen bilateral relations. Reiterated India’s support for early resolution of the conflict in Ukraine and restoration of peace and stability. pic.twitter.com/YRGelX1Gl5 — Narendra Modi (@narendramodi) September 23, 2024 × This was the third meeting between the two leaders in little over three months, with Zelensky stating that the two nations were developing their relations and "working together to strengthen cooperations across various fields. Prior to Monday's meeting, the two leaders had met in Kyiv last month when PM Modi arrived on a historic one-day visit which was the first ever by an Indian PM since the diplomatic relations between the two nations were established in 1992. (With inputs from agencies)

Zelensky says he 'already invited' India for 2nd peace summit to end war with Russia

The second phase of the Jammu and Kashmir assembly election begins with several high-profile candidates in the race. Watch to know more!

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Australia has expressed admiration for ISRO's Gaganyaan mission and announced its commitment to support the recovery efforts for India's Gaganyaan capsule. This collaboration highlights the growing international partnerships in space exploration, as Australia seeks to contribute to India's ambitious human spaceflight program. The support underscores a shared interest in advancing space technology and enhancing capabilities in the field.

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Byju's recent loss of control over its U.S. Subsidiary, Byju’s Alpha Inc., Following a Delaware court ruling on its $1.2 billion term loan default, marks a significant turning point for the EdTech giant and the broader industry in India.

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India’s female workforce is rising steadily, signaling a significant shift in the country’s labor dynamics. The latest periodic labour force survey highlights not just steady unemployment rates but also the increasing participation of women in the workforce.

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The second phase of the Jammu and Kashmir assembly election begins with several high-profile candidates in the race. Watch to know more

Jammu & Kashmir Elections: Voting For Second Phase Of Jammu And Kashmir Assembly Polls

The second phase of the Jammu and Kashmir assembly election begins with several high-profile candidates in the race. There is tight security across all poll booths. Watch to know more!

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The Indian automotive industry is experiencing a notable shift in consumer preferences, particularly within the sport-utility vehicle (SUV) segment. Recent data suggests that buyer enthusiasm for larger, premium SUVs—those priced above INR 20 lakh—is waning. This trend is evidenced by an 18 per cent decline in sales for models such as the Hyundai Tucson, Toyota Fortuner, and Jeep Meridian during the first five months of the current fiscal year.

&nbsp;

This development marks a significant change from the previous two fiscal years, during which the Indian car industry experienced robust post-pandemic growth. SUVs of various sizes were the primary drivers of this growth, propelling domestic passenger vehicle sales to an unprecedented 4.22 million units in FY24.

&nbsp;

However, the automotive sector's growth has decelerated in the current fiscal year, with overall sales increasing by less than 2 per cent to reach 1.75 million units from April to August. While entry-level and midsize SUVs have shown growth rates of 65 per cent and 6.3 per cent respectively, sales of larger SUVs have contracted by nearly one-fifth. These segment-specific figures are sourced from Jato Dynamics.

&nbsp;

Industry executives attribute this shift to evolving consumer preferences in a maturing market, where buyers are increasingly seeking diverse options. The increased availability and new launches of midsize SUVs—such as the Hyundai Creta, Kia Seltos, and Maruti Suzuki Grand Vitara—have led some customers to opt for vehicles in the sub-INR 20 lakh category.

&nbsp;

The top-end variants of some midsize SUVs, including the Tata Harrier and Safari, Hyundai Creta and Alcazar, and Mahindra Scorpio N and XUV700, do cross the INR 20-lakh threshold.

&nbsp;

A senior industry expert explained the situation, "Previously, due to supply constraints and extended waiting periods, some customers were willing to move up price bands and purchase larger vehicles. Now that the post-Covid pent-up demand has dissipated, consumers are reassessing the value proposition of these products. Moreover, the sub-INR 20 lakh category now offers a much wider range of options, with all recent launches occurring in this space."

&nbsp;

The local market currently features approximately 48 SUV models, but fewer than a dozen of these fall into the premium segment priced above INR 20 lakh. At the higher end of this market, newly introduced, feature-rich multipurpose vehicles (MPVs) are also attracting buyers away from larger SUVs.

&nbsp;

Ravi Bhatia, president of automotive consultancy firm Jato Dynamics, commented on this trend, "As urban professionals return to offices and intercity travel for both business and leisure increases, we're observing a surge in demand for versatile, comfortable vehicles in the INR 20 lakh-plus category. This trend is particularly pronounced in the MPV segment, which offers an appealing combination of space, luxury, and practicality for discerning customers."

&nbsp;

Sabari Manohar, vice-president of sales, service, and used car business at Toyota Kirloskar Motor (TKM), added insight, "The primary selling points of MPVs are space, design elements, and comfort. Changing travel styles are also a crucial factor; people are now spending more time travelling, which is driving demand for more spacious and comfortable MPVs."

&nbsp;

Manohar noted that inquiries and demand for Toyota MPVs are not confined to major urban centres but extend into tier-II and tier-III markets as well. In August, the company reported a 39 per cent year-on-year increase in MPV sales.

The Indian automotive industry is experiencing a notable shift in consumer preferences, particularly within the sport-utility vehicle (SUV) segment. Recent data suggests that buyer enthusiasm for larger, premium SUVs—those priced above INR 20 lakh—is waning.

The Indian automotive industry is experiencing a notable shift in consumer preferences, particularly within the sport-utility vehicle (SUV) segment. Recent data suggests that buyer enthusiasm for larger, premium SUVs—those priced above INR 20 lakh—is waning. This trend is evidenced by an 18 per cent decline in sales for models such as the Hyundai Tucson, Toyota Fortuner, and Jeep Meridian during the first five months of the current fiscal year. This development marks a significant change from the previous two fiscal years, during which the Indian car industry experienced robust post-pandemic growth. SUVs of various sizes were the primary drivers of this growth, propelling domestic passenger vehicle sales to an unprecedented 4.22 million units in FY24. However, the automotive sector's growth has decelerated in the current fiscal year, with overall sales increasing by less than 2 per cent to reach 1.75 million units from April to August. While entry-level and midsize SUVs have shown growth rates of 65 per cent and 6.3 per cent respectively, sales of larger SUVs have contracted by nearly one-fifth. These segment-specific figures are sourced from Jato Dynamics. Industry executives attribute this shift to evolving consumer preferences in a maturing market, where buyers are increasingly seeking diverse options. The increased availability and new launches of midsize SUVs—such as the Hyundai Creta, Kia Seltos, and Maruti Suzuki Grand Vitara—have led some customers to opt for vehicles in the sub-INR 20 lakh category. The top-end variants of some midsize SUVs, including the Tata Harrier and Safari, Hyundai Creta and Alcazar, and Mahindra Scorpio N and XUV700, do cross the INR 20-lakh threshold. A senior industry expert explained the situation, "Previously, due to supply constraints and extended waiting periods, some customers were willing to move up price bands and purchase larger vehicles. Now that the post-Covid pent-up demand has dissipated, consumers are reassessing the value proposition of these products. Moreover, the sub-INR 20 lakh category now offers a much wider range of options, with all recent launches occurring in this space." The local market currently features approximately 48 SUV models, but fewer than a dozen of these fall into the premium segment priced above INR 20 lakh. At the higher end of this market, newly introduced, feature-rich multipurpose vehicles (MPVs) are also attracting buyers away from larger SUVs. Ravi Bhatia, president of automotive consultancy firm Jato Dynamics, commented on this trend, "As urban professionals return to offices and intercity travel for both business and leisure increases, we're observing a surge in demand for versatile, comfortable vehicles in the INR 20 lakh-plus category. This trend is particularly pronounced in the MPV segment, which offers an appealing combination of space, luxury, and practicality for discerning customers." Sabari Manohar, vice-president of sales, service, and used car business at Toyota Kirloskar Motor (TKM), added insight, "The primary selling points of MPVs are space, design elements, and comfort. Changing travel styles are also a crucial factor; people are now spending more time travelling, which is driving demand for more spacious and comfortable MPVs." Manohar noted that inquiries and demand for Toyota MPVs are not confined to major urban centres but extend into tier-II and tier-III markets as well. In August, the company reported a 39 per cent year-on-year increase in MPV sales.

Indian SUV market witnesses shifting consumer preferences

Female Workforce Participation Rises In India

India has reiterated its decision to stay out of the world’s largest trade deal, the regional comprehensive economic partnership, or RCEP. What are India’s concerns and what does rejecting this partnership mean for the country? Watch this report to know more!

India Rejects RCEP Trade Bloc, Citing Free Trade Issues With China

India stomped ahead of Japan and emerged as the third-largest power in the Asia Power Index, stated the Ministry of Information and Broadcasting in an official statement on Wednesday (September 25).

The ministry emphasised that this success was driven by the country's dynamic growth, its expanding economy, youthful population and solidification of its position as the region's leading force.

The shift in ranking also reflects the increasing geopolitical stature of the country.

"In a major shift, India surpassed Japan to become the third-largest power in the Asia Power Index, reflecting its increasing geopolitical stature," the ministry announced.

<h2>India's rise gets marked on API&nbsp;</h2>

Australia’s Lowy Institute think tank publishes the annual Asia Power Index, which measures resources and influence for assessing the countries' relative power in Asia.&nbsp;

Also Read:&nbsp;<a href="https://www.wionews.com/business-economy/indian-economy-to-grow-at-71-in-fy25-moodys-analytics-761683">Indian economy to grow at 7.1% in FY25: Moody’s Analytics</a>

The report takes into consideration 27 countries across the Asia-Pacific, from Pakistan to Russia to as far as the Pacific, New Zealand, Australia and the United States.

“India is rising, although a tad bit slowly. India has overtaken Japan to become the third-ranked power in Asia, but its clout remains below the potential promised by its resources,” stated the survey report.

“The Asia Power Index shows that New Delhi still has limited ability to project power and influence east of the Malacca Strait. However, the fact that its influence remains well below the level promised by its resources suggests it still has ample potential for further growth as a major power,” it added.

<h2>Ministry emphasises on India's growing influence&nbsp;</h2>

The ministry stated that India's gradual rise and growing influence in the region has been clearly reflected in the 2024 Asia Power Index.

"India has shown remarkable post-pandemic economic recovery, contributing to a 4.2-point rise in its Economic Capability. India's massive population and strong GDP growth reinforce its standing as the world's third-largest economy in PPP terms," the ministry stated.

Watch:&nbsp;Why Is India Not Taking A Tougher Stand On Crimes Against Bangladeshi Hindus?

<div class="videoWrapper trancodeVideo"><iframe allowfullscreen="" autoplay="1" class="includeVideo" frameborder="0" height="350" src="https://www.wionews.com/videos/why-is-india-not-taking-a-tougher-stand-on-crimes-against-bangladeshi-hindus-761655/embed" style="width:100%;max-width:560px;" width="560"></iframe></div>

Meanwhile, commenting on the report, Union Minister for Petroleum and Natural Gas and BJP leader Hardeep Singh Puri said that this is the reflection of the visionary leadership of Prime Minister Narendra Modi.

"India's rise is no accident. This is the direct result of Prime Minister Modi's aggressive diplomatic strategy and his bold ambitions to reshape India's place in the world. Without his leadership, India would still be languishing behind, but today, we see a nation on the verge of superpower status," Puri said, as per a press release on NaMo app.

(With input from agencies)

India stomped ahead of Japan and emerged as the third-largest power in the Asia Power Index, stated the Ministry of Information and Broadcasting in an official statement on Wednesday (September 25).

India stomped ahead of Japan and emerged as the third-largest power in the Asia Power Index, stated the Ministry of Information and Broadcasting in an official statement on Wednesday (September 25). The ministry emphasised that this success was driven by the country's dynamic growth, its expanding economy, youthful population and solidification of its position as the region's leading force. The shift in ranking also reflects the increasing geopolitical stature of the country. "In a major shift, India surpassed Japan to become the third-largest power in the Asia Power Index, reflecting its increasing geopolitical stature," the ministry announced. India's rise gets marked on API Australia’s Lowy Institute think tank publishes the annual Asia Power Index, which measures resources and influence for assessing the countries' relative power in Asia. Also Read: Indian economy to grow at 7.1% in FY25: Moody’s Analytics The report takes into consideration 27 countries across the Asia-Pacific, from Pakistan to Russia to as far as the Pacific, New Zealand, Australia and the United States. “India is rising, although a tad bit slowly. India has overtaken Japan to become the third-ranked power in Asia, but its clout remains below the potential promised by its resources,” stated the survey report. “The Asia Power Index shows that New Delhi still has limited ability to project power and influence east of the Malacca Strait. However, the fact that its influence remains well below the level promised by its resources suggests it still has ample potential for further growth as a major power,” it added. Ministry emphasises on India's growing influence The ministry stated that India's gradual rise and growing influence in the region has been clearly reflected in the 2024 Asia Power Index. "India has shown remarkable post-pandemic economic recovery, contributing to a 4.2-point rise in its Economic Capability. India's massive population and strong GDP growth reinforce its standing as the world's third-largest economy in PPP terms," the ministry stated. Watch: Why Is India Not Taking A Tougher Stand On Crimes Against Bangladeshi Hindus? Meanwhile, commenting on the report, Union Minister for Petroleum and Natural Gas and BJP leader Hardeep Singh Puri said that this is the reflection of the visionary leadership of Prime Minister Narendra Modi. "India's rise is no accident. This is the direct result of Prime Minister Modi's aggressive diplomatic strategy and his bold ambitions to reshape India's place in the world. Without his leadership, India would still be languishing behind, but today, we see a nation on the verge of superpower status," Puri said, as per a press release on NaMo app. (With input from agencies)

India rises in Asia Power Index, clinches third spot after surpassing Japan

India is reportedly in talks with several countries across Africa and South America to help them build digital payment systems modelled after unified payments interface, or, upi. The national payments corporation of India’s international arm, npci international payments limited, is leading the effort.

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India is reportedly in talks with several countries across Africa and south America to help them build digital payment systems modelled after unified payments interface, or, upi. The national payments corporation of India’s international arm, npci international payments limited, is leading the effort.

India in Talks to Export Upi Blueprint

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