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Piyush Goyal Projects India’s Exports to Surpass USD 1 Trillion in Next 2.5 Years

Piyush Goyal Projects India’s Exports to Surpass USD 1 Trillion in Next 2.5 Years

12 Dec 2024 12:45 PM IST

Union Minister for Commerce and Industry, Piyush Goyal, expressed confidence in India’s economic growth on Thursday, forecasting that the country’s exports will exceed USD 1 trillion within the next two to two and a half years. Speaking at the India Economic Conclave hosted by Times Network, Goyal also highlighted that
Grok’s Bold Move: Elon Musk Mocks OpenAI During ChatGPT Outage

Grok’s Bold Move: Elon Musk Mocks OpenAI During ChatGPT Outage

12 Dec 2024 10:33 AM IST

In a moment of embarrassment for OpenAI, the company’s flagship AI chatbot, ChatGPT, faced a significant outage earlier today, affecting millions of users worldwide. The disruption came as OpenAI, led by Sam Altman, is in the process of transitioning from a non-profit to a for-profit entity, an endeavour that has
Elon Musk Becomes First To Surpass $400 Billion Net Worth

Elon Musk Becomes First To Surpass $400 Billion Net Worth

12 Dec 2024 00:19 AM IST

Elon Musk has become the first individual to reach a net worth exceeding $400 billion, thanks to surging valuations of SpaceX, Tesla, and xAI. His fortune has skyrocketed by $50 billion after a SpaceX insider share sale, solidifying his position as the world's richest man.
Adani Ports Withdraws $553M US Loan for Colombo Project

Adani Ports Withdraws $553M US Loan for Colombo Project

11 Dec 2024 12:04 PM IST

Adani Ports and Special Economic Zone (APSEZ), owned by billionaire Gautam Adani, has withdrawn from a $553 million loan agreement with the US International Development Finance Corporation (DFC). This loan was meant to fund the development of a port terminal in Colombo, Sri Lanka. Reports from sources confirmed this move.
Zupee Hits 100M Users: Founder Hails India’s Collaborative Approach

Zupee Hits 100M Users: Founder Hails India’s Collaborative Approach

09 Dec 2024 18:09 PM IST

Startups are the lever of progress for civilization and the country. A thriving startup ecosystem is essential for any nation's survival.
Scrapping Windfall Tax, Boosting Exploration Policy Expands Domestic Oil, Gas Output: S&P

Scrapping Windfall Tax, Boosting Exploration Policy Expands Domestic Oil, Gas Output: S&P

09 Dec 2024 17:58 PM IST

The objective of the changes to the Oilfields Act is to create a more investor-friendly environment and enhance competitiveness.
Hyundai Motor India To Set Up 600 Fast EV Chargers Over Next 7 Years

Hyundai Motor India To Set Up 600 Fast EV Chargers Over Next 7 Years

09 Dec 2024 15:07 PM IST

Hyundai’s EV charging network has already facilitated approximately 50,000 charging sessions, delivering over 7.30 lakh units of energy to more than 10,000 customers, both Hyundai and non-Hyundai EV owners.
Crypto Market Faces Correction: Bitcoin Nears $99,000, Altcoins Show Mixed Trends

Crypto Market Faces Correction: Bitcoin Nears $99,000, Altcoins Show Mixed Trends

09 Dec 2024 14:18 PM IST

The cryptocurrency market appears to be entering a phase of price correction after Bitcoin surpassed the $100,000 mark (approximately Rs. 84 lakh) last week. On Monday, December 9, Bitcoin recorded a slight gain of around 0.35 percent on both national and international exchanges. At the time of writing, Bitcoin (BTC)
India Leads Global South in Workforce Adaptation to AI and Technology

India Leads Global South in Workforce Adaptation to AI and Technology

09 Dec 2024 13:41 PM IST

A recent report unveiled at the Global Labor Market Conference (GLMC) has highlighted India’s significant role in workforce adaptability, particularly in the face of challenges posed by artificial intelligence (AI), machine learning, and automation and titled ‘Navigating Tomorrow: Mastering Skills in a Dynamic Global Labor Market’, the report positions India
‘To Achieve 2047 Vision Current Per Capita Income Needs to Increase Eightfold’: VP Jagdeep Dhankar

‘To Achieve 2047 Vision Current Per Capita Income Needs to Increase Eightfold’: VP Jagdeep Dhankar

08 Dec 2024 18:11 PM IST

“A developed India by 2047 is not just a dream; it is our goal. Per capita income must increase eightfold," he said.
India’s Copper Demand Surges 13% YoY in FY2024, Reaching 1,700 Kilotonnes

India’s Copper Demand Surges 13% YoY in FY2024, Reaching 1,700 Kilotonnes

08 Dec 2024 17:51 PM IST

Copper demand in India experienced a remarkable 13% year-on-year growth in FY2024, reaching a total of 1,700 kilotonnes (kt), according to a recent release from the International Copper Association India (ICA India). This increase is largely attributed to the overall economic expansion in the country. Notably, post-pandemic, the average annual
RBI Launches Podcasts to Enhance Public Communication

RBI Launches Podcasts to Enhance Public Communication

08 Dec 2024 17:51 PM IST

“Podcasts will help explain things simply among the wider section of society,” RBI Governor Shaktikanta Das said during the announcement.
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