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RBI forecasts 7.2 pc GDP growth on back of rising urban, rural demand

RBI Projects 7.2% GDP Growth Despite Global Uncertainties

The Reserve Bank of India (RBI) announced a projected GDP growth of 7.2% for India in the fiscal year 2024-25. This projection, made on August 8, 2024, is based on the strength of investment demand, steady urban consumption, and rising rural consumption. Aug 8, 2024
Reserve Bank Of India

RBI Keeps Repo Rate Unchanged, focuses on Price Stability

RBI Governor Shaktikanta Das said the Monetary Policy Committee has decided by a 4:2 majority to keep the repo rate unchanged as inflation has risen above 5 per cent and is still above the targeted level of 4 per cent. Aug 8, 2024
India, US working to 'shape the future', write Blinken, Austin

US and India Unite to Counter China's Influence in Semiconductors and Bolster Supply Chain Resilience

The US-India strategic partnership is crucial in shaping the future of sectors like AI, semiconductors, and clean energy. The partnership has evolved with a focus on joint investments in future-shaping sectors and initiatives like the Quad and iCET. The collaboration serves as a counterbalance to China's influence in the semiconductor market and bolsters supply chain resilience. The alliance underscores the commitment of both nations to maintaining regional stability and security, indicating the evolving nature of 21st-century international relations. Aug 7, 2024
Engineers develop earbuds to combat drowsiness while driving

Innovative Earbuds Detect Drowsiness to Enhance Road Safety

Engineers at the University of California, Berkeley, have designed a prototype of earbuds that can detect signs of drowsiness in the brain. This innovative technology aims to protect drivers and machine operators from the dangers of drowsiness, a critical hazard contributing to road accidents worldwide. Aug 7, 2024
Replacing table sugar with artificial sweetener safe for diabetics in small doses: Study

Artificial Sweeteners: A Potential Ally for Diabetics?

The recent study led by Dr. V. Mohan, a senior Diabetologist and Chairman of the Madras Diabetes Research Foundation (MDRF) in Chennai, has shed light on the effects of replacing table sugar with artificial sweeteners in diabetics. Aug 7, 2024
Paris Olympics, Medal Tally

Paris Olympics, Medal Tally: USA jump to top, China slip to 2nd; India on 57th

The Paris Olympics has seen a shift in the medal tally with the USA taking the lead, pushing China to the second position. India, on the other hand, is currently placed at the 57th position. The competition is heating up as athletes from around the globe strive to bring glory to their respective countries Aug 5, 2024
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