New Delhi, Oct 13 (IANS) Adani Enterprises Limited (AEL) and global engineering, supply chain and manufacturing company Jabil Inc. on Tuesday said they have signed a non-binding Memorandum of Understanding (MoU) for a proposed 50:50 joint venture to manufacture and assemble artificial intelligence (AI) and data centre equipment in India.
New Delhi, Oct 13 (IANS) India's growing economic influence and its emergence as an attractive destination for global investment took centre stage at an international gathering in Pathankot on Sunday, where former heads of government, political leaders, and other distinguished personalities discussed opportunities in innovation, entrepreneurship and youth leadership.
New Delhi, Oct 13 (IANS) The Reserve Bank of India (RBI) is expected to continue deploying measures to limit excessive volatility in the foreign exchange market as the rupee faces pressure from global developments, Finance Minister Nirmala Sitharaman said on Tuesday.
New Delhi, Oct 13 (IANS) Principal Secretary to the Prime Minister, Dr PK Mishra, on Tuesday said a strong statistical system is essential for evidence-based policymaking and achieving the vision of Viksit Bharat 2047.
New Delhi, Oct 13 (IANS) Economists and market experts on Tuesday said the International Monetary Fund's (IMF) projection that India will remain the world's fastest-growing major economy with a growth rate of 7 per cent reflects strong global confidence in the country's economic potential.
New Delhi, Oct 13 (IANS) India's rapidly growing electricity demand could require the country to build substantially more coal-fired generation capacity than previously projected even as it maintains an aggressive renewable energy expansion programme, said Ghanshyam Prasad, chairman of the Central Electricity Authority of India, on Tuesday.
New Delhi, Oct 13 (IANS) Indian equity market benchmark Nifty is expected to reach 27,589 within 12 months, up 21.42 per cent from Tuesday's closing and 1.68 per cent higher from earlier expectation of 27,133, a report said, predicting that markets will remain volatile and potentially move lower before entering a consolidation phase.
New Delhi, Oct 13 (IANS) Finance Minister Nirmala Sitharaman on Tuesday declined to rule out changes to the long-term capital gains tax regime, saying preparations for the next Union Budget have begun and this was not right moment to say what the government would consider.
New Delhi, Oct 13 (IANS) Terming the chemistry between Prime Minister Narendra Modi and his Canadian counterpart Mark Carney as "excellent", Canadian High Commissioner to India Christopher Cooter said on Tuesday that the two nations never had as "good a relationship" as it is right now.
Mumbai, Oct 13 (IANS) IBM and MeitY Startup Hub (MSH), an initiative of the Ministry of Electronics and Information Technology (MeitY), have signed a Memorandum of Understanding (MoU) aimed at accelerating the growth of India's deep-tech startup ecosystem through technology access, mentorship, skilling support and enterprise engagement opportunities, it was announced on Tuesday.
