Search Results for: stunted growth

India-GCC bilateral trade reaches $162 billion, exports show consistent growth

Showing strong growth, the bilateral trade between India and the Gulf Cooperation Council (GCC) countries reached 162 billion dollars last year, the government has said.

Aug 28, 2024

PLI booster: Apple ecosystem to create 5-6 lakh jobs in India

Riding on robust local production as iPhone manufacturing plants in India continue to create new export records each month, Apple is all set to create 5-6 lakh jobs (direct and indirect) in the coming 1-2 years.

Aug 27, 2024

Countdown for CM's resignation has begun: K'taka BJP chief Vijayendra

The countdown for Karnataka Chief Minister Siddaramaiah's resignation has begun, stated BY Vijayendra

Aug 27, 2024

IMF Boosts Egypt's Economy with $820 Million Aid Amid Regional Tensions

The IMF has approved a disbursement of $820 million to strengthen Egypt's economy. This aid is part of an $8 billion loan program agreed upon in March to help Egypt deal with regional tensions. Despite Egypt's economic progress, the IMF warns of the challenging regional environment it continues to face.

Aug 27, 2024

Elon Musk backs California's new bill that seeks to create guardrails around AI

Tesla and SpaceX CEO Elon Musk came out in support of a new California bill that aims to create guardrails around artificial intelligence (AI).

Aug 27, 2024

Foreign investors pump in Rs 1 lakh crore in Indian debt market in 2024 so far

Foreign Portfolio Investors (FPI) have pumped over Rs 1 lakh crore into the Indian debt market in 2024 so far due to the country's inclusion in JP Morgan's Emerging Market Government Bond Indices

Aug 27, 2024

Systems, L3 Harris, Lockheed Martin, Raytheon Technologies, Rolls-Royce, and Thales. These meetings underscore the growing momentum in India-US relations and defence cooperation. Rajnath Singh was on his four-day visit to Washington at the invitation of U

Rajnath Singh interacts with diaspora in US

On the concluding day of his US tour, Defence Minister Rajnath Singh visited the National Civil Rights Museum in Memphis, Tennessee, where he interacted with members of the Indian diaspora, describing them as a "living bridge" between India and the United States.

Aug 26, 2024

India offers UPI as a plug-and-play system to other countries to speed up cross-border payments

RBI Governor Offers UPI System for Global Adoption

India's Reserve Bank of India (RBI) Governor, Shaktikanta Das, has offered the country's Unified Payments Interface (UPI) system as a plug-and-play model for other nations.

Aug 26, 2024

Sensex trades higher as US Fed Chair hints likely rate cut next month

Among the sectoral indices, Auto, IT, PSU Bank, fin service, pharma, metal and energy are the major gainers and FMCG is the only loser in the NSE indices.

Aug 26, 2024

Indian astronaut to join ISS under Indo-US space cooperation: Dr Jitendra Singh

An Indian astronaut from the 'Gaganyaan' mission is set to join the International Space Station (ISS), marking a significant milestone in the Indo-US space collaboration, Union Minister of State (Independent Charge) for Science and Technology

Aug 25, 2024

US jobless claims data allays fears over economic slowdown

US Jobless Claims Rise Marginally, Fed Rate Cut Expected

US jobless claims marginally increased, easing fears of a sharp economic slowdown. The US Federal Reserve is expected to cut interest rates to stimulate economic growth. Fed Chair Jerome Powell's upcoming speech is anticipated to provide insights into future policy. The potential rate cut could boost global markets, including India's, by attracting foreign investors.

Aug 24, 2024