New Delhi, Jan 3 India’s smartphone market is projected to cross $50 billion in value by 2025, driven by the ongoing trend of premiumisation and thrust on local manufacturing, a report showed on Friday. The retail average selling price (ASP) of India’s smartphone market is expected to cross the $300 mark for the first time […]
New Delhi, Dec 19 The Indian medical devices, a sunrise sector in the country with growth potential, is estimated to grow to $30 billion by 2030, Union Minister of State for Health and Family Welfare Anupriya Patel said on Thursday. Addressing the plenary session at the 21st Health Summit of the Confederation of Indian Industry […]
New Delhi, Dec 19 Indian scientists and engineers must specialise in high-end technologies like Artificial Intelligence (AI) and Quantum Computing to strengthen the country’s position in cutting-edge innovation in the global arena, said Defence Minister Rajnath Singh on Thursday. He said this while addressing the inaugural session of the Indian National Academy of Engineering’s Annual […]
The US Supreme Court extended TikTok a thin, temporary lifeline on Wednesday, agreeing to hear its appeal against the law banning it if it did not give up its Chinese ownership. The court put the appeal on an unusually fast track, setting a hearing on January 9, 10 days before the law passed by Congress […]
S&P Global Ratings on Thursday forecast global economic expansion of 3 per cent in 2025 as growth slows in the US, China, and the Eurozone continues to recover, and emerging markets find their footing. “With easing inflation, resilient labour markets, and sturdy consumer spending bolstering economic activity in most developed markets, we expect steady growth […]
Giving Prime Minister Narendra Modi’s economic policies a big thumbs up, Jim Rogers, a veteran global investor known for his expertise and strategic insights, told IANS on Thursday that for decades, the Central governments talked about a lot of good things but they never really meant it. However, in the last couple of years, things […]
About 984 venture capital (VC) funding deals were announced in India during January-October 2024, and the total disclosed funding value of these jumped by 44.4 per cent YoY to $9.2 billion during the same period, according to a report on Friday. The report by GlobalData, a data and analytics company, showed a year-on-year (YoY) improvement […]
New Delhi, Nov 26 – Following the approval of the PAN 2.0 project by the Cabinet Committee on Economic Affairs, the Income Tax Department has issued a detailed clarification on the initiative through a set of 11 frequently asked questions (FAQs). This project aims to modernize taxpayer registration services and streamline PAN-related processes. What is […]
Washington, Nov 26 US President-elect Donald Trump on Monday announced his intention to sign orders on his first day in office in January that will impose a 25 per cent tariff on all goods from Mexico and Canada unless they stop the flow of illegal immigrants and fentanyl drugs through their countries into the United […]
Mumbai, Nov 25 The Indian benchmark indices surged on Monday in the early trade, with Sensex crossing 80,000-mark after the landslide victory by the BJP-led MahaYuti alliance in Maharashtra. The Sensex was up 1,173.91 points or 1.48 per cent at 80,291.02, and the Nifty was up 367.00 points or 1.54 per cent at 24,274.30. About […]