India

BP’s Big Success: Secured A Major ONGC Contract

BP’s Big Success: Secured A Major ONGC Contract

On Tuesday, January 8, 2025, the UK-based global energy company BP PLC secured a major contract to operate and enhance production from ONGC’s (Oil and Natural Gas Field) flagship Mumbai High Field. The UK-based firm didn’t disclose the contract’s financial details, such as the revenue share.  ONGC’s Mumbai High Field is India’s largest oil and…

India’s GDP Expected To Grow At 6.4% In The FY25

India’s GDP Expected To Grow At 6.4% In The FY25

On January 7, 2025, the centre released estimates for India’s GDP (Gross Domestic Product) growth rate in the current fiscal year. According to this estimation, the country’s GDP is predicted to grow at 6.4% in the fiscal year 2024-25, marking a four-year low and a sharp decline from 8.2% in FY24. A recent report from…

Manmohan Singh Dies At 92: Government Declares Mourning

Manmohan Singh Dies At 92: Government Declares Mourning

Manmohan Singh, India’s former Prime Minister and one of the finest economists, passed away Thursday night at AIIMS Delhi at 92. He joined the Indian government as an economic advisor in 1971 in the commerce ministry. Born in 1932 in Punjab, Manmohan Singh served India as prime minister between 2004 and 2014. Manmohan Singh retired…

The Government Plans To Infuse Rs 500 Crore In IFCI 

The Government Plans To Infuse Rs 500 Crore In IFCI 

In the second half of Fiscal Year 2024, IFCI reported a Rs 22 crore loss, with the first half losses grossing Rs 170 crore. This significantly impacted the company’s growth and financial health. The Indian Government now plans to invest Rs 500 crore into the company to improve its financial health. This move might grow…

India’s Remarkable Growth In Renewable Energy

India’s Remarkable Growth In Renewable Energy

The CII International Energy Conference and Exhibition (IECE) 2024 took place on 17 December in New Delhi. Shri Pralhad Joshi, Union Minister for New and Renewable Energy, addressed this conference and shared that India is experiencing remarkable growth in renewable energy. He added that India is one of the world’s most promising nations in clean…

Data Centres To Attract $100 Billion Investment By 2027

Data Centres To Attract $100 Billion Investment By 2027

The real estate advisory firm CBRE reported that investments in Indian data centres might surpass the $100 billion mark by the end of 2027. Between 2019 and 2024, the country attracted investment commitments of a whooping $60.3 billion from international and domestic investors.  In the same report, CBRE shared that India’s data centre capacity is…

India’s Largest Airline Ranked Among the World’s Worst

India’s Largest Airline Ranked Among the World’s Worst

IndiGo, India’s biggest Airline, has been ranked among the world’s worst Airlines in the 2024 AirHelp Score report. The company secured 103rd place out of 109 Airlines with a score of 4.80; this report ranked Air India at 61st and Air Asia at 94th.  According to sources, the low rating results from disappointing customer service…

SBI’s Mission: Bringing Inactive Accounts Back To Life

SBI’s Mission: Bringing Inactive Accounts Back To Life

SBI, the State Bank of India, is the country’s biggest money lender. It launched a nationwide campaign to promote the activation of inoperative accounts. Before launching this campaign, SBI organised a one-day workshop in Gurugram for its national business correspondents and sensitised participants about inoperative account activation.  Whether savings or current, an account is considered…

VOX Launches Innovative Ad Formats to Elevate Brand Engagement in the Indian Market

VOX Launches Innovative Ad Formats to Elevate Brand Engagement in the Indian Market

New packages offer customized solutions and flexibility for the Indian Market VOX, a leader in AI-driven contextual advertising, is excited to announce the launch of its latest packages, designed to meet the evolving needs of brands seeking eye-catching, non-intrusive ad placements. The new format package combines the power of in-image ad formats and innovative features…

Info Edge Files Fir Against 4B Networks’ Rahul Yadav

Info Edge Files Fir Against 4B Networks’ Rahul Yadav

The parent company of job portal Naukri.com, Info Edge, filed an FIR (first information report) against 4B Network founder Rahul Yadav and others, claiming fraudulent misuse of funds. In addition to Rahul Yadav, Pratik Choudhary, Devansh Singh, Sanjay Saini, and some other unnamed people are alleged in this FIR. 4B Network is a portfolio company…







     







       







         







           







             







               







                 







                   







                     







                       







                         







                           







                             







                               







                                 







                                   







                                     







                                       







                                         







                                           







                                             

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