Search Results for: economic growth

Developers driving GDP growth in AI era

AI-Driven Developers Set to Boost Global GDP: GitHub CEO

AI is transforming software development, with India set to become the largest developer community globally by 2027. AI adoption could boost global GDP by over $1.5 trillion by 2030, according to GitHub CEO Thomas Dohmke. Sep 2, 2024
India's manufacturing growth eases in August, stays above long-run average

India's Manufacturing Sector Maintains Resilience Amid Slowdown

India's manufacturing sector growth has slowed, but remains above the long-run average, according to HSBC India's PMI data. The sector's resilience and strategic planning are crucial to India's $10-trillion ambition, with focus areas including semiconductors, electronics, electric vehicles, renewable energy, and defence. Sep 2, 2024
Unified Payments Interface (UPI)

UPI Transactions Skyrocket, India Leads in Digital Payments

India's digital economy has witnessed a significant milestone with the National Payments Corporation of India (NPCI) reporting a record-breaking surge in Unified Payments Interface (UPI) transactions in August. The data revealed a 41% year-on-year growth, with UPI transactions reaching an all-time high of 14.96 billion. Sep 1, 2024
Indigo launches daily direct flights to culturally vibrant Jaffna from India

Indigo launches daily direct flights to culturally vibrant Jaffna from India

IndiGo, a leading budget airline, has recently launched daily direct flights to Jaffna, a culturally rich city in the northern province of Sri Lanka. This new route marks the 34th international and 122nd overall destination in IndiGo's rapidly expanding 6E network. The airline's second destination in Sri Lanka after Colombo, this strategic move is expected to strengthen the cultural and trade ties between India and Sri Lanka, which have been marked by cooperation in the fields of commerce, infrastructure development, and air connectivity. Sep 1, 2024
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