India-Maldives Conflict: Why Tension is Mounting?
The Maldives is experiencing a boycott from its significant source of tourism revenue due to three of its officials making derogatory remarks about India’s Prime Minister, Narendra Modi. This has led to calls from Indian citizens and celebrities to avoid visiting the sun-soaked Maldives and opt for domestic beaches instead. The issue arose when Modi…
TN Global Investors Summit: Tata Power To Invest ₹70,000 Crore
In a bid to increase the green energy production in Tamil Nadu, Tata Power has vowed to invest ₹70,000 crore in the state. Tata Power made the announcement at the recently held Tamil Nadu Investor Meet 2024. This investment can very well be the biggest single investment by Tata Power in any state. Tata Power…
RBI Estimates India’s Annual Growth At 7% For FY2023-24
The Reserve Bank of India has estimated that the growth rate of India’s GDP in the fiscal year 2023-24 will be around 7%. Previously, the predicted growth was at 6.5%. The Indian economy grew more than expected, with 7.6% growth in the quarter ending in September and then recorded a growth of 7.8% in the…
Top Business News Round-Up From Asia
The development of Asia has speed up in the last few years thanks to emerging technology and the integration of AI. Read our Asian news round-up and stay up-to-date with all the latest developments from Asia. Singapore To See Acceleration In Its Economic Growth The Mastercard Economic Institute or MEI, has released a report, and…
Japan Rocks On New Year
No, it wasn’t alcohol that hit, but earthquake The way 2024 started for Japanese people will undoubtedly be etched in their memory as Japan’s West Coast experienced significant earthquakes and subsequent tsunami warnings on New Year’s Day, leaving a lasting impression on thousands of citizens. Unfortunately, the toll has been severe, with at least 92…
Zomato Faces ₹402 crore Show Cause Notice Over Unpaid GST
The Indian food delivery giant, Zomato, on Wednesday received a show cause notice from the Directorate General of GST over non-payment of GST. The show cause notice was sent to the Gurugram-based food aggregator, demanding the company to answer why they haven’t paid a tax of over ₹402 crore on the food delivery charges along…
Asia’s Top Business News Round-Up
Asia is one of the highest-growing regions on the planet and every day new developments take place in this region. Read this news to stay up to date with all the latest developments from Asia. Asian Stocks Show Good Performance On Wall Street Asian Stock rose on Wall Street, marking a good year-end performance. Many…
India Expects Its Agriculture Exports To Hit $53 Billion
 This fiscal year, India reached the milestone of $53 billion in agriculture exports. However, after having banned the export of many agricultural commodities, India still expects the same revenue of $53 billion. The country banned the export of various commodities including rice, wheat and sugar. This export ban is expected to cost the country around…
Asian Market Digest And Financial Pulse
Asia has been seeing a surge in its economy for the last few years. On that note, we’ve come up with the top business and financial news from Asia. Make sure to go through the whole read. South Korean Banks See A 23.9% Decline In Net Income The financial supervisor service of Korea has stated…
Generative AI To Add $1.5 Trillion In India’s GDP
Nowadays, AI has taken the world by storm, and everybody is talking about incorporating AI into the existing infrastructure and its benefits. In a report named, ‘AIdea of India: Generative AI’s Potential to Accelerate India’s Digital Transformation’, Ernest & Young claimed that Generative AI can potentially add up to $1.5 trillion to India’s Economy by…