Israeli Semiconductor Company To Produce Chips In India
In an attempt to capitalise on the $10 billion dollar incentives offered by the Indian government, Israeli semiconductor manufacturing company Tower Semiconductors has pledged to invest around $8 billion in India to build a chip-manufacturing facility. Semiconductor manufacturing and assembly has been the key area of focus in business for the Modi government and for…
Abdullah Ansari
Microsoft’s AI Initiative To Train 2 Million Indians
In this day and age, where AI is becoming more relevant, learning basic AI skills is a must. A big announcement was made by Microsoft where it pledges to train 2 million Indians in AI skills under its ADVANTAG(I)GE INDIA initiative. The programme intends to push AI transformation in India and empower the workforce with…
Shipra Prajapati
Will Paytm Be Able To Survive The Recent Crisis?
Paytm has been going through a tough time after RBI instructed Fintech to seize its Paytm payment bank services indefinitely. Paytm’s market value has dropped a whopping $2.5 billion in the last few days. Now, there are talks that the Central Bank of India might cancel the licence of Paytm Payment Bank after the March…
John David
Disney India Agrees To Sell Its 60% To Viacom18
Broadcasting companies Sony and Zee were in talks of merging, but that fell apart due to financial and internal issues. However, in a historic deal, Disney India has now come to a preliminary agreement to sell 60% of its business to Reliance’s Viacom18. This means most of Disney’s business rights will go to Viacom18 and…
Union Budget 2024-25: What To Expect?
Finance Minister of India, Dr Nirmala Sitaraman, will present the 2024-2025 union budget today, February 1, with high expectations for the healthcare, education, infrastructure, and income tax fronts. With this new budget, the government hopes to sustain the nation’s economic growth and attain a lower than previous year and acceptable fiscal deficit target. In its…
Ongoing Red Sea Crisis Builds Pressure On Asian Exporters
The crisis in the Red Sea region is still going on, and now, it has started to mount pressure on Asian exporters, especially those that ship their goods to Europe. Moreover, the probability of attack has caused Asian exporters to take longer routes to their destination, which is causing disruptions in shipping times and freight…
The Rise of Air & Drone Attacks Across the WorldÂ
The resurgence of air and drone attacks on several parts of the Middle East is indicating that the region is on the edge of a broader war. There are intense discussions on social media regarding the Israel-Hamas conflict. Many people express sympathy for Israel, which faced an unprecedented attack by Hamas in October 2023, while…
Himanshu
Bernard Arnault Takes Top Spot As World’s Richest Person
Bernard Arnault, the owner, chairman and CEO of French luxury goods brand LVMH, has now overtaken Elon Musk as the richest man in the world. According to Forbes Magazine, Bernard Arnault has accumulated a net worth of $207.4 billion after shares of his company soared, accounting for a $23.6 billion increase in his net worth….
Bullet Train Finally On The Fast TrackÂ
In September 2017, Japan’s former Prime Minister Shinzo Abe and India’s Prime Minister Narendra Modi participated in a groundbreaking ceremony for India’s inaugural bullet train in Gujarat Since then, after facing numerous hurdles on the way, there has been a palpable aura of exhilaration as recent reports indicate that the high-speed bullet train program is…
Chandan Kumar
India Celebrated its 75th Republic DayÂ
On 26th January, India celebrated its 75th Republic Day. On 26th January 1950 India, which became an independent nation on 15th August 1947, became a republic. On India’s Independence Day, our country’s freedom from British’s colonial rule is being celebrated, while Republic Day in India is celebrated to commemorate India’s becoming a republic state through…
