- Repo Rate“RBI’s Prolonged Pause: State Bank of India Expects Unchanged Repo Rate in June Policy Meeting, Potential Downgrade in Inflation Estimates” During the most recent meeting of the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), it was decided to maintain the repo rate at 6.50%, signaling a pause in the series of rate hikes …
- DK ShivakumarDK Shivakumar said the newly-elected state government will be focusing on elevating the ease of living and industrial development Karnataka’s Deputy Chief Minister DK Shivakumar expresses the focus of the newly-elected state government on improving the ease of living for private industries to develop Bengaluru. He emphasizes his commitment to the development of Bengaluru, citing …
- Gautam AdaniGautam Adani meets NCP chief Sharad Pawar; discussed a ‘technical issue’ … second meeting between Adani and Pawar in less than two months. Gautam Adani, the chairman of the Adani Group and a billionaire, met with Sharad Pawar, the president of the Nationalist Congress Party (NCP), at his residence in Mumbai. This meeting took place …
- Jet EnginesGE Poised to Produce Jet Engines for Indian Military as US-India Defense Partnership Deepens: Countering China’s Dominance in the Region It appears that General Electric (GE) is reportedly in discussions to produce jet engines for Indian military aircraft. The deal is expected to be announced during an official state visit by Indian Prime Minister Narendra …
- India’s GDPIndia’s GDP Growth Outlook: Moderate Expansion Expected for Q4FY23, with Optimistic Projections for FY23 The GDP growth estimates for the fourth quarter of FY23 in India suggest that the economy is expected to experience moderate growth. Analysts’ estimates range from 4.9% to 5.5%, indicating a slight improvement from the previous quarter’s growth rate of 4.4%. …
- WiproWipro Merges ISRE Sector with IT Services Addressing Revenue Decline and Overdue Receivables Challenges” Wipro, the Indian IT services company, has merged its Indian state-run enterprises (ISRE) sector with its broader IT Services segment. This decision comes after the IT Services segment experienced a significant decline of 20.18% in revenue during the financial year 2022-23. …
- Swiggy’s Valuation“Swiggy’s Valuation Slashed Again by 10%, Reaches $6.5 Billion as of March 2023; Achieves Profitability Amidst Challenges” According to recent reports, Baron Capital, an asset management firm based in the US, has further reduced its valuation of Swiggy, a major food delivery company in India. The firm has lowered Swiggy’s valuation by an additional 10 …
- WhatsApp RevolutionizesWhatsApp Revolutionizes User Experience with New Username Feature, Enhanced Privacy, and Message Editing Abilities” WhatsApp’s recent developments, as reported by WABetaInfo, indicate the platform’s commitment to enhancing user experience and privacy. One of the upcoming features is the introduction of usernames, allowing users to select their own unique handle. This brings WhatsApp closer to the …
- Opposition PartiesOpposition Parties’ Boycott of Parliament Inauguration Sparks Controversy and Accusations of Disrespect for Democracy” The National Democratic Alliance (NDA), a political alliance led by the Bharatiya Janata Party (BJP), of the decision made by 19 opposition parties to boycott the inauguration of the new Parliament building on May 28. The NDA criticizes the opposition parties …
- World Health OrganizationWHO Chief Warns of Deadlier Future Pandemics and Urges Global Preparedness The head of the World Health Organization (WHO), Tedros Adhanom Ghebreyesus, has issued a warning about the potential severity of future pandemics. He emphasized that the end of the COVID-19 pandemic as a global emergency does not mean the end of COVID-19 as a …
- Bill GatesBill Gates Envisions a Future Where AI Agents Transform Search, Productivity, and Shopping The Race for Personal AI Assistants Bill Gates’ comments at the AI Forward 2023 event suggest that he sees advanced artificial intelligence (AI) agents as a disruptive force in various sectors, including search engines, productivity tools, and online shopping sites. He believes …
- Transforming Healthcare and PharmaTransforming Healthcare and Pharma: AI’s Impact and Job Opportunities in India” The healthcare and pharmaceutical industries are indeed embracing AI technologies in a significant way. These technologies have the potential to revolutionize various aspects of healthcare, from patient care to drug discovery and supply chain management. Companies like Apollo Hospitals, Fortis Healthcare, Sun Pharma, Cipla, …