After India officially overtook Japan to become the world’s fourth-largest economy, Union ministers and BJP leaders hailed the milestone as a moment of national pride and a testament to Prime Minister Narendra Modi’s leadership and vision for a rising India. Union Minister for Women and Child Development Annapurna Devi said the achievement reflects a decade […]
New Delhi, May 18 At a time when the global economy is facing what the United Nations calls a “precarious moment”, India has emerged as a rare bright spot. The UN’s mid-year update of the World Economic Situation and Prospects projects India’s growth at 6.3 per cent in the current fiscal year, the highest among […]
New York, April 29 US Treasury Secretary Scott Bessent has reiterated that India would likely be among the “first” to sign a trade deal with the US following President Donald Trump’s demands for realigning economic relations under the threat of tariffs. “Vice President [JD] Vance was in India last week, talked about substantial progress”, he […]
New Delhi, March 10 Elon Musk on Monday said a massive cyber attack has hit his X social media platform, that disabled millions of users across the globe, including in India, from accessing the popular platform. The X platform went down in a massive global outage as users were unable to access the micro-blogging platform. […]
Microsoft CEO Satya Nadella has admitted that one of his biggest mistakes was failing to predict the dominance of search, a market that Google successfully capitalised on. He said Microsoft had initially assumed that the web would remain decentralised, not realising that search would become its most valuable business model. Calling it a valuable lesson, […]
New Delhi, March 1 The mutual fund industry has seen significant growth in assets under management (AUM) — from Rs 5.89 lakh crore in May 2008 to Rs 53.4 lakh crore in March 2024, a report showed on Saturday. The steady increase in the share of mutual funds in Indian household savings, from 7.6 per […]
New Delhi Microsoft CEO Satya Nadella said that he is thrilled to see bonds grow between India and the US. Speaking at the 76th Republic Day celebration in Seattle, US, Nadella said the bond is strong because of shared democratic values by both countries. The event was organised by Indian Consulate in Seattle. “Looking forward, […]
S&P Global Ratings on Thursday forecast global economic expansion of 3 per cent in 2025 as growth slows in the US, China, and the Eurozone continues to recover, and emerging markets find their footing. “With easing inflation, resilient labour markets, and sturdy consumer spending bolstering economic activity in most developed markets, we expect steady growth […]
Giving Prime Minister Narendra Modi’s economic policies a big thumbs up, Jim Rogers, a veteran global investor known for his expertise and strategic insights, told IANS on Thursday that for decades, the Central governments talked about a lot of good things but they never really meant it. However, in the last couple of years, things […]
About 984 venture capital (VC) funding deals were announced in India during January-October 2024, and the total disclosed funding value of these jumped by 44.4 per cent YoY to $9.2 billion during the same period, according to a report on Friday. The report by GlobalData, a data and analytics company, showed a year-on-year (YoY) improvement […]