Category: Business

Finance Minister Nirmala Sitharaman Meets Trade and Services Leaders for Budget 2024-25 Suggestions New Delhi [India], June 25: Union Finance Minister and Corporate Affairs Nirmala Sitharaman chaired a meeting with representatives of trade and services to gather suggestions for the upcoming General Budget 2024-25. Key Suggestions from Industry Leaders During the meeting, industry representatives shared…

Union Minister Pralhad Joshi Highlights Sugar and Biofuel Innovations at Global Meeting in New Delhi Union Minister for Consumer Affairs, Food and Public Distribution and New and Renewable Energy, Pralhad Joshi, spoke about the importance of international collaboration and advanced technologies for the sugar industry at the ‘Sugar and Biofuels – Emerging Vistas’ workshop held…

World Economic Forum Reveals Top 10 Emerging Technologies to Change the World The World Economic Forum (WEF) has identified the top 10 emerging technologies that have the potential to make a significant positive impact on the world in the next three to five years. These technologies are highlighted in the annual Top 10 Emerging Technologies…

Karnataka Minister MB Patil Meets Japanese Companies to Boost Investments During a strategic business trip to Japan, MB Patil, the Karnataka minister for large, medium industries, and infrastructure development, met with representatives of international companies to attract investments to the state. Meeting Highlights On June 24, Patil’s delegation focused on potential collaborations and strategic investments…

Moody’s Warns: India’s Water Crisis Threatens Economy and Future Moody’s Investors Service has highlighted that escalating water stress poses a significant risk to India’s economy. The report emphasizes how India’s reliance on monsoon rainfall, rapid economic growth, and climate change could severely impact sectors like agriculture, industry, and infrastructure. Water Availability Concerns India, with over…

India to Become World’s Biggest Economy by 2050, Says Asle Toje New Delhi [India], June 25: Asle Toje, Deputy Leader of the Nobel Peace Prize Committee, has predicted that India will be the largest economy in the world by 2050. He made this statement during the ‘Future Watch: The Emerging World Order’ program organized by…

85% of Indian Professionals Plan to Upskill in 2025, Says Great Learning Report According to Great Learning’s ‘Upskilling Trends Report 2024-25,’ 85% of professionals in India plan to invest in upskilling initiatives in the fiscal year 2025 (FY25). The report highlights a decline in job retention confidence among Indian professionals, dropping to 62% from 71%…

India’s Big 5G Auction: Airtel, Vodafone Idea, and Reliance Jio Compete for High-Speed Internet The Indian government is set to hold a 5G spectrum auction on June 25, 2024. The goal is to provide affordable and high-quality telecom services to the people of India. Key Players The final bidders in this auction are Bharti Airtel,…

Mumbai Stock Market Opens Higher with Sensex and Nifty Gains The Mumbai stock market started the day positively on Tuesday. The Sensex rose by 166.24 points, opening at 77,507.32, while the Nifty increased by 41.55 points, opening at 23,579.40. Sector Performance Bank Nifty gained over 200 points, reaching a new all-time high. Sectors such as…

Indian IT Market Grows by 6.6% in 2023 The Indian domestic IT & Business Services market has shown resilience, growing by 6.6% in 2023 to reach USD 14.5 billion, according to the latest data from the International Data Corporation (IDC). This growth rate is slightly down from 7.4% in 2022, reflecting a cautious approach by…