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Despite dip in value; UPI transaction volume hits record high in August

Unified Payment Interface (UPI) transactions reached a new peak in August, with a 3% increase in volume, totalling 14.96 billion transactions, up from 14.44 billion in July. This marks the highest transaction volume since UPI's launch in April 2016.Read more

AICRA to host world’s biggest robotics championship - TechnoXian; August 24-27

The 8th edition of the event will bring together over 2,500 teams from 46 countries, with 12,000+ participants, setting a new world record for participation.Read more

Tata Motors to launch Curvv EV with in-built Charge Point Aggregator on August 7

Alongside the EV, the Curvv will be available with traditional ICE options, catering to a broader audience.Read more

BEML to deliver all 10 Vande Bharat Sleepers by year-end; trial run by August

Although the initial plan aimed for these trains to be operational by March, technical delays pushed the timeline forward. Read more

India's Industrial sector surges: August 2023 records impressive growth

Official data released revealed a significant surge in India's industrial production, with a remarkable growth rate of 10.3% on an annual basis in August, following a 5.7% increase in July.Read more

India's August exports decline, trade deficit at $24.16 billion

Imports also saw a decline of 5.23%, reaching $58.64 billion, down from the $61.88 billion recorded in August 2022.Read more

EV Battery prices drop 10% in August amidst dampened demand

As reported by market research firm TrendForce, the average price drop for cells used in EV batteries reached 10%, underscoring a lackluster growth trend in the EV battery market.Read more

India's August manufacturing PMI surges to three-month high at 58.6

According to the survey findings, companies responded to this rising demand by increasing their procurement levels and replenishing their input inventories at the second-highest rate in the 18-and-a-half-year history of data collection.Read more

Coal India achieves impressive 13.2% output surge in August 2023

From April to August 2023, the total coal off-take had increased by 8%, reaching 305.5 MT, in comparison to the 283.1 MT in the corresponding period of the previous year.Read more

Factor automation, medical, traffic control are our target market in India

Taiwan-based DFI is a global provider of high-performance computing technology across multiple embedded industries. Currently supplying to the companies like Tata Group, and VVDN Technologies, DFI is looking to expand its operations in India and aims at establishing an office in India, shares Charlie Yang, Senior Director, Sales Centre, DFI in this interview with Ayushi Khandelwal.Read more

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