Category: Breaking News

India: World’s Fastest-Growing Major Economy

India is set to dominate the global economic landscape, maintaining its status as the fastest-growing large economy for the next two fiscal years. The January 2025 edition of the World Bank’s Global Economic Prospects (GEP) report projects India’s economy to grow at a steady rate of 6.7% in both FY26 and FY27, significantly outpacing global and regional peers. […]

Breaking News
Wipro announces results for the quarter ended December 31, 2024

Wipro Limited(NYSE:WIT,BSE:507685,NSE:WIPRO),a leading technology services and consulting company, announced financial results under International Financial Reporting Standards (IFRS) for the quarter ended December 31, 2024. Highlights of the Results Revenue grows 0.1% QoQ, above upper end of guidance Operating margin 12 quarter high at 17.5%; Expands 0.7% QoQ Net income grows 24.5% YoY and 4.5% QoQ; […]

Breaking News
The United States Dedicates New Consulate Site in Bengaluru

The U.S. and Indian governments today dedicated a new U.S. consulate site in Bengaluru.  Together, with External Affairs Minister Subrahmanyam Jaishankar, U.S. Ambassador Eric Garcetti dedicated the site of the U.S. consulate, which is intended to become the fifth U.S. consulate in India.  The consulate will expand on the more than thirty-year presence of the […]

Breaking News
Nidec Manufacturing Plant at Kotur Belur Electronics Manufacturing Cluster (EMC), Hubballi-Dharawad

Investment Key factors : Total investment: ₹600+ crore | Area: 30 acres Creating 800+ direct jobs Significant boost to sectors such as EVs, data centres & renewable energy On track for completion by mid-2025 Manufacturing units: Alternators, motors, system solutions, and drives for data centres, electric vehicles, and elevators Nidec the company committed an initial […]

Nine Years of Startup India

On January 16, 2025, India marks nine years of Startup India, a transformative journey that began in 2016. Designated as National Startup Day, this occasion celebrates the nation’s strides in fostering a robust and inclusive entrepreneurial ecosystem. Launched as a flagship initiative of the Government of India, Startup India aimed to nurture innovation and catalyse the […]

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