Government To Begin Development Of Enterprises And Services HubsÂ
India is planning to expand its limited Special Economic Zones (SEZs), which are presently focused on exports, into all-encompassing economic hubs with the motive to draw in more foreign investment.   According to a draft released for consultation and industrial units situated in these hubs, which would be known as Development of Enterprises and Services Hubs…
Federal Reserve Imposed Highest Interest Rate Hike Since 1994
On Wednesday, the Federal Reserve increased the interest rates considering the rising inflation in the United States. It is the highest rate hike by the Fed since 1994. After a Federal officials meeting of two days, the central bank raised interest rates by 75 basis points. This move will help boost the Federal Funds rate…
How Financial Institutions Can Shape The Country’s Economic Development?
Rising global inequality is one of the most serious social and economic challenges of the 21 century, and it has been exacerbated by the COVID-19 pandemic. While inequality is a global challenge, it is often felt more acutely in developing countries right from a larger informal sector, greater regional divisions, wider gaps in educational access,…
10 Best CEOs in India 2024 | Traits That Make Them Stand Out
Great CEOs are made, not born. The CEO holds the most crucial responsibilities of any business. Though a CEO has good interpersonal skills, certain traits make them stand out. The 10 best CEOs in India 2024 are ideal examples of such characteristics. The best CEOs 2024 show unbeatable charisma and zeal to achieve the unexpected. …
Future Trends For The Diagnostic Industry In 2022
Healthcare facilities were forced outside hospital boundaries during the pandemic, as Covid-19 pushes the healthcare industries in an entirely new way. This pandemic leads health care to a rise in home diagnostics. The home testing facility became prominent and people tried to avoid hospital-based laboratories. Covid 19 shifts our lifestyle to home confinement which has…
Shortage of Semiconductor Chips Puts Patients At Risk: What’s The Way Forward?
Semiconductors are critical components in a wide range of consumer electronic gadgets, as well as those used by enterprises that are increasingly reliant on digital technologies. During the forecast period, the semiconductor market in healthcare is expected to develop at a CAGR of approximately 10.2%. (2021 – 2026). However, there has been a global scarcity…
ISMC To Invest In Karnataka To Set Up Chip-making PlantÂ
International Semiconductor Consortium ISMC announced on May 1 to set up a chip-making plant with an investment of $3 billion (around Rs. 23 000 crores) in Karnataka. ISMC digital fab, one of the three applicants for the Union Government’s $10 billion incentives for semiconductors manufacturing, has already started its executions and signed the agreement with…
Aditya Birla Capital Appoints Vishakha Mulye as New CEO
Vishakha Mulye, an ICICI bank veteran, is appointed as the chief executive officer of Aditya Birla Capital, the non-bank lender said on Saturday. Mulye replaced Ajay Srinivasan, who was taking up the other responsibilities within the group, as per the exchanger filing. Mulye will take over her role on June 1, as per the announcement…
TRAI Cuts 5G Spectrum Price By 36-40%
The telecom regulatory on Monday has suggested a 36% cut in the 5G Spectrum (3300-3670MHz band) to Rs. 317 crore across India from the Rs. 492 crore suggested in 2018. It offers significant relief to telcos and sets the stage for them to secure prized airwaves in the government auction. Not only this, TRAI, Telecom…