WAVES 2025: Govt announces $1 billion fund for creators' economy

IANS | March 13, 2025 10:21 PM

New Delhi, March 13 (IANS) The government will create a billion-dollar fund for the creator's economy as part of the World Audio-Visual and Entertainment Summit (WAVES) 2025, said Union Minister for Information and Broadcasting Ashwini Vaishnaw on Thursday.

Sber presents new neural network GigaChat 2.0

IANS | March 13, 2025 7:08 PM

Moscow, March 13 (IANS) Leading global financial institution Sber's GigaChat 2 MAX model ranks first among AI models, and compared to international benchmarks, the updated product line outperforms GPT4o, DeepSeek-V3, LLaMA 70B, and Qwen2.5 across multiple metrics, according to MERA benchmark data for Russian.

Decline in inflation paves way for higher GDP growth

IANS | March 13, 2025 6:22 PM

New Delhi, March 13 (IANS) The decline in retail inflation to a level that is below the RBI’s targeted level of 4 per cent is expected to pave the way for accelerating GDP growth ahead as it provides the central bank with more headroom to cut interest rates and expand liquidity to spur economic activity and create more jobs.

Passenger vehicle sales surge to record high in February: SIAM

IANS | March 13, 2025 2:46 PM

New Delhi, March 13 (IANS) The Indian automobile industry registered record passenger vehicles sales, which includes cars and SUVs, in February this year along with a strong growth in the three-wheeler segment, according to data from the Society of Indian Automobile Manufacturers (SIAM) released on Thursday.

India’s GDP growth to surpass 6.5 per cent in 2025-26: Moody’s

IANS | March 13, 2025 1:21 PM

New Delhi, March 13 (IANS) India's GDP growth is expected to exceed 6.5 per cent during 2025-26 -- on the back of higher government capex and increase in consumption due to the reduction in income tax and the RBI’s cut in interest rates, according to a Moody’s report.