India will be the fastest growing economy among the G-20 nations in 2024. In the previous three quarters, India’s economy expanded at 7.8 per cent in Q1, 7.6 per cent in Q2 and 8.4 per cent in Q3. On Saturday, finance minister Nirmala Sitharaman said in an event at Mumbai that India will grow over … Read more
Gautam Adani, Chairman of the Adani Group, met Bhutan king Jigme Khesar Namgyel Wangchuck in Mumbai today. The billionaire shared an image on X to inform about meeting with the King of Bhutan. Sharing brief details about the meeting, Adani wrote that it was an honour to meet His Majesty King of Bhutan and hear his vision of ‘Kingdom … Read more
The world’s largest retailer, Walmart, is increasingly turning towards India for imports while reducing its dependence on China. The shift aims to lower costs and diversify the supply chain. As per a Reuters report, the data from Import Yeti revealed that between January 2023 and August 2023, 25 per cent of US imports were from India. If … Read more
Adani Enterprises Limited, through its subsidiary Kutch Copper, marked a milestone today with the commissioning of the first unit of its greenfield copper refinery project in Mundra. According to a press release, the maiden dispatch of cathodes to customers signals the commencement of operations at the state-of-the-art facility, representing Adani’s foray into the metal industry. … Read more
In the world of scientific research, gender inclusivity has long been a challenge, not only in India but worldwide. The Science and Engineering Research Board’s (SERB) POWER (Promoting Opportunities For Women in Exploratory Research) Schemes under the Department of Science & Technology of the Government of India have become a beacon of change in this … Read more
India has made significant strides in terms of reducing poverty on a multidimensional level. As per the discussion paper released by NITI Aayog, there has been a remarkable decline from 29.17% in 2013-2014 to 11.28% in 2022-23. The numbers translate to approximately 24.82 crore people escaping poverty during this period. The data is based on the … Read more
The Government of India has entered into an agreement with Argentina for the exploration of lithium in the South American nation, as it seeks to delve into the supply of the rare element, which is crucial for the transformation towards an ‘environment-friendly’ future. Along with Chile and Bolivia, Argentina has more than half of the … Read more
In a push-back against allegations of fiscal bias against Congress-ruled Karnataka and non-provision of funds, Union Finance Minister Nirmala Sitharaman said on Sunday every penny due to the state is accounted for and was released on time. Speaking at an informal interaction organised by the Thinkers Forum here in the Karnataka capital, Sitharaman said, “The … Read more
Production Linked Incentive (PLI) Schemes launched by the Modi government has resulted in over Rs. 1.03 lakh crore of investment till November 2023, the Ministry of Commerce & Industry said on Wednesday, 17th January 2024. A statement issued by the ministry said that this has led to production/ sales of Rs. 8.61 lakh crore and … Read more
As India’s Prime Minister Narendra Damodardas Modi looks to secure a third term in 2024, most would agree that his strongest suits have been infrastructure push and last-mile delivery of welfare schemes. Now, PM Modi’s Bharatiya Janata Party (BJP) can add exchange rate management to the list. The Indian rupee (INR, ₹) held steady … Read more