Search Results for: Insurance Regulatory and Development Authority

India's forex reserves at historic high of $675 billion: RBI chief

India's Forex Reserves Soar to Historic $675 Billion

India's foreign exchange reserves have reached a record high of $675 billion, showcasing the country's external sector resilience. Key indicators like current account deficit, services exports, and remittances have improved. Despite global economic challenges, India's economy remains strong Aug 8, 2024
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
Indian Embassy Rescues 14 Youths from Laos Cyber-Scam Centres

Indian Embassy Rescues 14 Youths from Laos Cyber-Scam Centres

The Indian Embassy in Laos rescued 14 Indian youths from cyber-scam centres in the Golden Triangle SEZ. The victims were lured to Laos with fraudulent job offers and then held captive. The Embassy has issued warnings and advisories to Indian workers considering employment in Laos. Similar incidents have been reported in other Southeast Asian countries, highlighting the need for international efforts to combat this issue. Aug 7, 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
Asking Andhra Pradesh cabbies to leave Hyderabad not fair: Pawan Kalyan

Asking Andhra Pradesh cabbies to leave Hyderabad not fair: Pawan Kalyan

Andhra Pradesh Deputy Chief Minister Pawan Kalyan has come out in support of cab drivers from Andhra Pradesh who are allegedly being asked to leave Hyderabad by cab drivers of Telangana and demanded that the Telangana government address the issue with a humanitarian approach. Aug 7, 2024
India hiring sees 11 pc surge in July, retail & telecom jobs lead

India's Job Market Records 11% Yearly Increase in July: Report

India's job market has been witnessing a significant surge, with an 11% yearly increase in hiring activity in July, as compared to the same period last year. This growth has been primarily led by the retail and telecom sectors, according to a report by talent platform foundit (formerly Monster APAC & ME). Aug 7, 2024
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