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Adani Group commits $100 billion to sovereign AI infrastructure
Business

Adani Group commits $100 billion to sovereign AI infrastructure

Ahmedabad, Feb 17: The Adani Group on Tuesday announced one of the world’s largest integrated energy-compute commitments, a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035.The initiative will establish a long-term sovereign energy...
Media & entertainment industry to hit Rs 3,067 bn in 2027
Business

Media & entertainment industry to hit Rs 3,067 bn in 2027

New Delhi, Feb 16: India’s media and entertainment sector is on a steady expansion path, with revenues projected to grow at around 7 per cent annually till 2027, and the sector's total size is estimated to rise from Rs 2,502 billion in 2024 to Rs 3,067 billion in 2027, underscoring its role as...
India’s wholesale inflation at 1.8% in January
Business

India’s wholesale inflation at 1.8% in January

New Delhi, Feb 16: India’s annual rate of inflation based on the Wholesale Price Index (WPI) was estimated at 1.81 per cent for January this year compared to the same month of the previous year, according to figures released by the Commerce and Industry Ministry on Monday.Positive rate of inflation...
India’s manufacturing gains pace with robust GVA growth
Business

India’s manufacturing gains pace with robust GVA growth

New Delhi, Feb 12: India’s manufacturing performance has strengthened further in recent quarters, with GVA (gross value added) growth of 7.72 per cent in Q1 FY26 and 9.13 per cent in Q2, supported by a gradual shift towards higher-value production, improved industrial infrastructure, and wider...
Dollar gains weigh on precious metal prices
Business

Dollar gains weigh on precious metal prices

New Delhi, Feb 12: Gold and silver prices dipped moderately on Thursday, as the US dollar strengthened.MCX gold April futures dipped 0.24 per cent to Rs 1,58,371 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures declined 0.72 per cent to Rs 2,61,124 per kg.The dollar index...
Govt backs Tiruppur exporters; 5 lakh jobs targeted
Business

Govt backs Tiruppur exporters; 5 lakh jobs targeted

New Delhi, Feb 12: Commerce and Industry Minister Piyush Goyal encouraged the Tiruppur textile cluster to create five lakh additional jobs and double its export performance over the next three years, assuring that the government will extend full support to exporters, it was announced on...
India’s US trade surplus may hit $90 bn, says SBI
Business

India’s US trade surplus may hit $90 bn, says SBI

New Delhi, Feb 12: India’s trade surplus with the US may cross $90 billion annually after the trade deal, with at least a $45 billion annual additional trade surplus with the US, which is 1.1 per cent of the GDP, and savings of $3 billion in forex reserve, an SBI Research report said on...
India’s space startups cross 400; funding tops $500 mn
Business

India’s space startups cross 400; funding tops $500 mn

New Delhi, Feb 11: The number of space startups have reached more than 400, while the investment in such startups crossed more than $500 million, the Parliament was informed on Wednesday.Two private sector companies tested and flown their launch vehicles at sub-orbital orbit in November 2022...
India becomes credible third pole in global economy
Business

India becomes credible third pole in global economy

New Delhi, Feb 11: With the United States, China, and Russia creating a hostile world, Europe and Canada have no choice but to deepen ties with India, according to an article in Washington-based online publication 'The National Interest'."Caught between de-risking China and hedging against...
PM Modi flags carbon capture for India’s steel revolution
Business

PM Modi flags carbon capture for India’s steel revolution

New Delhi, Feb 11: Prime Minister Narendra Modi on Wednesday highlighted how carbon capture can power India’s next steel revolution as the country’s guided efforts towards Net Zero 2070 commitment, strategic investments, and hydrogen initiatives drive growth, global competitiveness, and lead...
India’s solar push must move beyond capacity build-out: Report
Business

India’s solar push must move beyond capacity build-out: Report

New Delhi, Feb 10: India must move beyond adding solar capacity to transform its energy system, with distributed solar, storage and smarter grids to meet an expected rapid surge in demand, according to a new report.A report from Tata Power said that by 2035, solar will be at the "heart of...
PM Modi’s leadership reshaped India’s trade landscape: Goyal
Business

PM Modi’s leadership reshaped India’s trade landscape: Goyal

New Delhi, Feb 10: Under the dynamic leadership of Prime Minister Narendra Modi, India's trade ecosystem is undergoing a historic and rapid transformation, Commerce and Industry Minister Piyush Goyal said on Tuesday.Interacting with a delegation of the Confederation of All India Traders...
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