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  • India’s Exports to BRICS Nations Projected to Reach Dollar 200 Billion by 2030: ASSOCHAM

    New Delhi, June 18: India’s exports to BRICS countries are projected to reach around $200 billion by 2030, driven by expanding trade linkages, diversification of export markets, and growing demand across key emerging economies, according to industry body ASSOCHAM.

    The report highlights that stronger economic cooperation among BRICS nations—Brazil, Russia, India, China, and South Africa—along with the inclusion of new member countries, is expected to create significant opportunities for Indian exporters in sectors such as engineering goods, pharmaceuticals, textiles, chemicals, and IT-enabled services.

    ASSOCHAM noted that India’s competitive manufacturing base, improving logistics infrastructure, and policy support for export promotion are likely to play a crucial role in achieving this growth target over the next decade.

    It further stated that rising intra-BRICS trade and efforts to reduce dependency on traditional Western markets could help India diversify its export basket and strengthen its global trade position.

    Industry experts believe that strategic trade agreements, supply chain integration, and digital trade facilitation will be key enablers in accelerating export growth to BRICS economies by 2030.

  • NIT Rourkela Develops Low-Cost Ceramic Adsorbent for Industrial Wastewater Treatment

    Rourkela, June 18 (UDN): Researchers at the National Institute of Technology (NIT) Rourkela have developed an innovative and cost-effective ceramic adsorbent capable of removing harmful dyes from industrial wastewater, offering a sustainable solution to one of the most pressing environmental challenges.

    NIT Rourkela Develops Low-Cost Ceramic Adsorbent for Industrial Wastewater Treatment

    Representational image

    The research team from the Department of Ceramic Engineering, led by Associate Professor Sunipa Bhattacharyya along with scholars Susanta Mohapatra and Sourav Ranjan Satpathy, designed the adsorbent using industrial by-products such as fly ash, ground granulated blast-furnace slag (GGBS), and kaolin clay.

    Industries such as textiles, dyeing, and printing generate large volumes of coloured wastewater containing toxic chemicals that can contaminate rivers, lakes, and other water bodies, posing serious risks to aquatic ecosystems and public health. Conventional wastewater treatment methods are often expensive, energy-intensive, and generate additional waste.

    To address these challenges, the NIT Rourkela team developed a ceramic adsorbent specifically engineered to remove Methylene Blue, a commonly used dye found in industrial effluents. Laboratory tests demonstrated remarkable performance, with the material achieving more than 95 percent dye removal efficiency.

    A key innovation of the research lies in the use of raw kaolin clay instead of heat-treated metakaolin, eliminating an energy-intensive production stage. This not only reduces manufacturing costs but also makes the process more environmentally sustainable.

    Researchers estimate that the adsorbent can be produced at a cost ranging between ₹25 and ₹50 per kilogram, making it an economically viable option for large-scale industrial wastewater treatment applications.

    The findings of the study have been published in the reputed journal ChemistrySelect and support global efforts toward achieving the United Nations Sustainable Development Goals (SDGs), particularly those related to clean water, sanitation, and responsible production practices.

    The breakthrough is expected to contribute significantly to sustainable wastewater management and reinforce NIT Rourkela’s reputation as a leading centre for innovative research addressing real-world environmental challenges.

  • India’s CAD Seen Rising to 2.2 pc of GDP in FY27 Amid Elevated Crude Oil Prices

    New Delhi, June 18: India’s current account deficit (CAD) is projected to widen to around 2.2% of GDP in FY27, driven primarily by sustained high global crude oil prices and increased import-related pressures, according to recent macroeconomic assessments.

    Analysts say the outlook reflects continued vulnerability to global energy price fluctuations, as India remains a major importer of crude oil to meet domestic consumption needs. Higher oil prices are expected to keep the import bill elevated, thereby widening the trade gap in the external sector.

    While the CAD is likely to increase, strong performance in services exports—especially IT and business services—along with steady remittance inflows are expected to partially offset the pressure on the external account.

    Experts also point out that global geopolitical uncertainties and commodity price volatility remain key risks that could further influence India’s external balance in FY27.

    Despite the projected widening, India’s healthy foreign exchange reserves and stable capital inflows are expected to provide a cushion against external shocks, supporting overall macroeconomic stability.

    Economists emphasize the importance of energy diversification and prudent external sector management to contain risks arising from volatile global oil markets.

     
  • India Sets Global Benchmark in AI Growth and Innovation: Piyush Goyal

    June 18: India is positioning itself as a compelling global example in the field of Artificial Intelligence (AI), Union Minister of Commerce and Industry Piyush Goyal said on Wednesday, highlighting the country’s rapid progress in digital transformation and innovation-led growth.

    Speaking at an industry event, the Minister noted that India’s expanding digital ecosystem, strong startup culture, and large talent pool are driving the country’s emergence as a key global hub for AI development and deployment.

    He said India’s approach to AI is focused on inclusive growth, real-world applications, and large-scale adoption across sectors such as agriculture, healthcare, education, manufacturing, and governance. According to him, this practical and people-centric model sets India apart in the global AI landscape.

    Goyal emphasized that India is not only adopting AI technologies but also building capabilities in innovation, data infrastructure, and skilled manpower to support long-term leadership in the sector. He added that collaboration between industry, academia, and government is playing a crucial role in accelerating AI-driven solutions.

    The Minister further stated that India’s digital public infrastructure, including platforms for payments, identity, and governance services, has created a strong foundation for AI integration at scale.

    He expressed confidence that India’s continued investment in technology and innovation will further strengthen its position as a global leader in AI and emerging technologies.

  • AI Upskilling Drives Up to 150 pc Salary Growth in India: Report

    New Delhi, June 18: AI-related upskilling is significantly boosting career growth in India, with professionals reporting an average salary increase of up to 150 per cent after acquiring artificial intelligence and emerging technology skills, according to a recent industry report.

    The findings highlight a sharp rise in demand for AI, data science, machine learning, and automation skills across sectors such as IT services, fintech, e-commerce, and consulting. Employers are increasingly prioritising candidates with AI competencies as businesses accelerate digital transformation initiatives.

    The report indicates that professionals who transition into AI-enabled roles or enhance their existing skill sets with AI tools and technologies are witnessing faster promotions, higher compensation packages, and improved job mobility compared to peers in traditional roles.

    Industry experts noted that organisations are actively investing in workforce reskilling programmes to bridge the widening talent gap in advanced technologies. This trend is also being driven by the rapid adoption of generative AI and automation across business operations.

    Hiring trends show strong competition for AI-skilled professionals, with companies offering premium salaries to attract and retain talent in high-demand roles. Entry-level and mid-career professionals are particularly benefiting from structured upskilling pathways.

    Experts said AI upskilling is becoming a key factor in long-term career sustainability, as industries continue to evolve toward data-driven decision-making and intelligent automation systems.

    The report further suggests that India’s large talent pool and growing digital ecosystem position the country as a key global hub for AI-skilled workforce development.

  • Around the World with Dad: A Father’s Day Brunch at The Leela Palace Chennai

    June 18 : This Father’s Day, Spectra at The Leela Palace Chennai presents “Around the World with Dad”, a brunch inspired by the flavours, traditions and memories that often accompany life’s most meaningful relationships.Around the World with Dad: A Father's Day Brunch at The Leela Palace Chennai

    Set against the backdrop of the Bay of Bengal, the experience takes guests on a culinary journey across continents through a series of thoughtfully curated stations. From London’s “Hops & Batter” Fish & Chips and the wood-fired grills of “Dad’s Backyard” Smoke House, to handmade pastas at “Dad’s Pasta Workshop” and comforting ramen bowls inspired by “My Father’s Recipe”, each offering is designed to evoke a sense of nostalgia while celebrating the universal language of food.

    Closer to home, “My Dad’s Backwater Cruise” pays homage to Kerala’s beloved flavours with Fish Nirvana and Appam, while “The Mentor’s Slider” draws inspiration from familiar Sunday morning breakfasts. The meal concludes on a playful note with “The Cigar & Churro Block”, a nod to the classic Mexican dessert.

    Blending global flavours with personal storytelling, the brunch offers families an opportunity to celebrate Father’s Day over shared meals, cherished memories and new experiences.

    Where: Spectra, The Leela Palace Chennai
    When: 21 June 2026 | 12:30 PM – 3:30 PM

  • Litera Announces New Cloud AI Automation to Boost Security for Law Firm Communications, Removing Metadata Risk

    CHICAGO and LONDON – June 18: Litera, the legal AI platform provider that best unifies the practice and business of law, announced Clean+, the cloud-hosted evolution of Metadact Server. In the practice of law, where speed and volume are constant, every outbound email attachment carries hidden risk. A single missed scrub can expose privileged work, breach client confidence, or trigger a legal ethics inquiry. Clean+ (formerly Metadact Server) delivers server-grade metadata protection across every Outlook environment, on infrastructure Litera manages, with no server for IT to provision, patch, or maintain. 

    “The practice of law runs on trust, and hidden document data breaks it,” said Joey Benedek, Senior Vice President of Product Management at Litera. “As AI accelerates how lawyers draft and collaborate, the volume of outbound documents is climbing and so is the risk. Clean+ gives IT leaders the server-class protection their firm depends on without the infrastructure burden that has always come with it.” 

    As AI generates more documents faster, the volume of outbound documents is climbing while IT teams are asked to do more with less. Probabilistic AI tools cannot be trusted to decide what metadata stays and what gets stripped.

    Litera addresses this with a fully hosted service that routes attachments through the Litera server, enforcing one policy across classic Outlook, new Outlook, Outlook for Mac, Outlook for Web, and mobile — with no server to provision, patch, or maintain. Clean+ is built on a deterministic, rules-based engine refined over 30 years and trusted by 42% of the market (ILTA Tech Survey, 2025). No AI-first entrant can replicate that foundation, and when metadata mistakes are eliminated at the source, lawyers send legal advice with confidence and clients receive work that reflects the firm’s standard.

    Clean+ is part of a broader consolidation of the Metadact line under the Clean brand, giving firms a clear tier of protection for every deployment model: Clean Desktop (formerly Metadact Desktop), Clean Cloud (formerly Metadact in Litera One), Clean Server (formerly Metadact Server), and Clean+ (formerly Metadact Server in Litera One). It is available as a standalone package and included in Draft Advanced, the company’s end-to-end AI drafting suite. Existing Metadact Server customers will receive dedicated migration support. General availability is June 30.

  • Madagascar and Zanzibar Announce New National Shark and Ray Protections at Our Ocean Conference

    MOMBASA, KENYA, June 18: At a side event this evening at the Our Ocean Conference, the governments of Madagascar and Zanzibar announced sweeping new national protections for sharks and rays, marking the latest milestone in a decade of conservation progress across East Africa.

    Madagascar and Zanzibar Announce New National Shark and Ray Protections at Our Ocean Conference

    Sharks and rays are experiencing one of the fastest extinction crises of any vertebrate group on Earth—more than 37 percent of species are now threatened with extinction, driven largely by overfishing and an international trade that, for decades, went largely unregulated. Over the last decade major gains in international management of these species have begun to change the trajectory for these species, and we’re now seeing countries implement these protections at a national and local level.

    “Sharks are an essential part of healthy ocean ecosystems,” said Luke Warwick, Senior Director of WCS’s Threatened Marine Species program. “This rapidly accelerating global framework of laws, coupled to enforcement and local level conservation action gives us hope we can end the declines of the last half century, and start these ancient predators on the long road to recovery.”

    Madagascar announced it will offer full national protection for 14 species of sharks and rays under the country’s Wild Fauna Decree, including the Critically Endangered oceanic whitetip shark, as well as whale sharks and iconic manta rays. Zanzibar also announced full protection for 34 species in its coastal waters, including hammerhead sharks, thresher sharks, and the endemic Zanzibar guitarfish. 

    “The actions taken by the Madagascar government to protect these species, among other positive actions, comes at a time when sharks and rays need conservation efforts more than ever,” said Ravaka Ranaivoson, Partnership and Program Development Director for WCS Madagascar. “This highlights Madagascar’s commitment to the conservation and sustainable management of its marine resources.”

    As recently as a decade ago, the global trade in sharks and rays was largely unregulated, and these species were fast running out of time. Today, that trade has rules, those rules are being enforced, and governments around the world are writing them into national law via species protections and the inclusion of shark specific conservation measures in fisheries and protected area laws and designations. The announcements from Madagascar and Zanzibar are the latest proof that momentum, once built, continues to grow.

    Today’s announcements build on past successes and three years of historic global progress. At CITES CoP20 in November 2025, countries adopted every shark and ray proposal on the table, listing more than 70 species and bringing 96 percent of the global shark fin trade and 70 percent of shark and ray meat trade under international regulation for the first time. In total, 180 species are now listed under CITES, with 33 carrying a full commercial trade ban.

    “From global decisions to local action on the water, the scale and pace of progress in shark conservation is truly remarkable,” said John Mandelman, Executive Director, Shark Conservation Fund. “Yet threatened sharks and rays, and the habitats they depend on, still require the strongest protections. Together, these efforts are creating an essential pathway toward recovery.”

    The announcements were made at a private reception entitled “Celebrating a Decade of Shark Conservation in East Africa: Profiles of Shark Champions,” hosted by Shark Conservation Fund in partnership with the governments of Kenya, Tanzania, and Madagascar, and supported by WCS.

     

  • Monsoon Rains Ease India’s Peak Power Demand as Cooling Load Drops

    New Delhi, June 18: India’s peak electricity demand has eased in recent days as the onset of monsoon rains across several regions has reduced the use of cooling appliances, particularly air conditioners, officials and industry data indicated.

    The moderation in demand comes after a period of high summer consumption, when elevated temperatures had pushed electricity usage to record levels in multiple parts of the country. With rainfall improving weather conditions, residential and commercial cooling loads have declined, leading to a temporary easing of pressure on the power grid.

    Officials said the seasonal transition has helped stabilise supply conditions, with lower demand during monsoon months typically allowing for better grid management and reduced peak load stress.

    Power sector experts noted that while monsoon-related demand softening provides short-term relief, electricity consumption is expected to gradually stabilise again as industrial activity and agricultural power usage continue during the season.

    They added that grid operators remain alert to regional fluctuations in demand, especially during periods of uneven rainfall distribution and humidity-driven consumption spikes.

    The power system continues to be monitored closely to ensure uninterrupted supply, with authorities maintaining readiness to manage any sudden changes in demand patterns.

  • Gold and Silver Prices Decline as Fed Hawkish Stance and Easing Global Tensions Weigh on Bullion

    New Delhi, June 18: Gold and silver prices declined in global and domestic markets as a stronger US Federal Reserve outlook and easing geopolitical tensions reduced demand for safe-haven assets.

    Gold and Silver Prices Decline as Fed Hawkish Stance and Easing Global Tensions Weigh on Bullion

    Market sentiment remained under pressure after signals from the US Federal Reserve suggested a continued hawkish stance on interest rates, supporting the US dollar and putting downward pressure on precious metals. A stronger dollar typically makes gold and silver more expensive for buyers using other currencies, leading to reduced demand in international markets.

    At the same time, easing geopolitical tensions in key global regions have reduced risk aversion among investors, further weakening demand for traditional safe-haven assets such as bullion. As a result, trading activity in gold and silver remained subdued.

    Analysts said that expectations of tighter monetary policy in the United States, along with improving global risk sentiment, have together contributed to the recent weakness in precious metal prices. Investors are also repositioning their portfolios in response to changing macroeconomic conditions.

    Despite the short-term decline, experts noted that gold and silver continue to hold long-term relevance as hedge assets against inflation, currency volatility, and broader financial market uncertainty.

    Market participants are now closely watching upcoming US economic data releases and further commentary from the Federal Reserve for clearer signals on interest rate direction, which is expected to influence bullion price trends in the coming sessions.