India has shown that rapid economic expansion and social inclusion can progress in tandem, with its development approach now shaping global learning, UNDP’s Acting Administrator Haoliang Xu has said, according to PTI. Calling India’s growth story a mix of technology-driven delivery, participatory governance and resilient climate action, Xu said the country offers “a blueprint for…
Indian companies are rapidly moving from AI experimentation to real-world deployment, but most remain cautious about writing big cheques for large-scale transformation, a new EY–CII study has found.According to the report, 47% of enterprises now run multiple Generative AI applications in their core workflows, a sharp shift from the pilot-heavy approach seen even a year…
Gold prices are expected to stay choppy in the coming week as investors brace for a heavy line-up of US economic signals, including the jobs report, Federal Reserve meeting minutes and a speech by Fed Chair Jerome Powell. Analysts said the data flow and commentary from Fed officials will shape expectations around a potential December…
Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…
India’s equity markets are expected to take their direction from a mix of domestic macro data, the US Federal Reserve’s latest meeting minutes and updates on the India-US trade deal in the days ahead. Analysts also said that foreign investor activity will continue to play a major role in shaping market sentiment.Vinod Nair, head of…
The Indian rupee may finally have found a floor after months of sustained depreciation, with Jefferies indicating that the currency has likely bottomed out following its sharp underperformance against major emerging market peers, ANI reported.In its latest GREED & fear note, Jefferies said the rupee has been “the worst performer year to date amongst major…
The government’s e-Jagriti digital consumer grievance platform has handled nearly 1.30 lakh cases since its launch in January, with more than 2 lakh users—including non-resident Indians—registering on the unified system. The consumer affairs ministry said in a statement that 1,27,058 cases had been disposed of as of 13 November, highlighting the platform’s efficiency in strengthening…
Eight of India’s ten most valuable companies together added more than Rs 2.05 lakh crore in market capitalisation last week, with Bharti Airtel and Reliance Industries leading the upswing. The positive movement came alongside a steady recovery in the broader market, where the BSE Sensex rose 1.62 per cent and the NSE Nifty gained 1.64…
Yamaha Motor is aiming for a strong rise in exports from India this year, with the company expecting a 25 per cent jump. The Japanese two-wheeler maker plans to position its Chennai plant as the main export hub for global markets, particularly advanced economies.Yamaha Motor Co Ltd senior executive officer and Yamaha Motor India group…
India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational…
