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India's IT services market surges by 6.6 pc in 2023 amid enterprise focus
Updated : 2 years, 1 month ago IST
Valued at USD 14.5 billion, the market saw a year-over-year (YoY) growth rate of 6.1 percent, slightly down from 7.4 percent in 2022.
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USD 6 bn investment on AI by 2027 to transform India: IDC
Updated : 2 years, 1 month ago IST
The IDC's forecast highlights a global trend where AI spending is anticipated to surpass USD 512 billion by 2027, more than doubling its market size from 2024.
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Mohammed bin Rashid approves AED30 billion 'Tasreef' project to enhance Du
Updated : 2 years, 1 month ago IST
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the 'Tasreef' project aimed at developing Dubai's rainwater drainage network.
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From deficit to surplus, India's current account registers a surplus of US
Updated : 2 years, 1 month ago IST
India's current account balance registered a surplus of USD 5.7 billion, equivalent to 0.6 per cent of GDP, in the fourth quarter of the financial year 2023-24, highlighted data from RBI.
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Pakistan suffers PKR 600 billion loss annually due to power theft: Energy
Updated : 2 years, 1 month ago IST
Pakistan Federal Energy Minister Awais Leghari said that the country was suffering a loss worth a whopping Rs 600 billion a year due to electricity theft, reported Geo News.
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Sri Lankan President Wickremesinghe conveys gratitude to India for help du
Updated : 2 years, 1 month ago IST
Ranil Wickremesinghe said, "Having now survived two difficult years, I must acknowledge that this was possible because India gave us a loan of $3.5 billion."
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Fintech sector will dominate future Unicorns at USD 58 bn: Hurun report
Updated : 2 years, 1 month ago IST
The total worth of India's future unicorns will stand at USD 58 billion, an increase of 1.2 per cent as compared to last year. Fintech sector leads with the highest number of companies that can become Unicorns in future.
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Influencer 'Goalorious' Hypes BlockDAG: USD 52.2M Presale Soars as Bitcoin
Updated : 2 years, 1 month ago IST
New Delhi [India], June 20: Amidst the backdrop of increased activity by Bitcoin miners and anticipation of an XRP bull run, what distinguishes BlockDAG from other contenders is the cutting-edge innovations and strategic advancements. These technological innovations, as recently highlighted
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India's jewelry retail sector has surged to USD 80 bn from USD 50 bn in 20
Updated : 2 years, 1 month ago IST
India's jewelry retail sector has surged to USD 80 billion (Rs 6400 billion) in the financial year 24 from USD 50 billion in 2018, according to a report by Motilal Oswal Financial Services.
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India's trade momentum will continue, says CRISIL noting merchandise, serv
Updated : 2 years, 1 month ago IST
India's merchandise exports surged more than 9.1 per cent in May to USD 38.1 billion, compared to last year during the same month, highlights a report by Crisil.
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Their Royal Highnesses The Duke And Duchess of Edinburgh celebrate the gra
Updated : 2 years, 1 month ago IST
London [UK], June 19: WHAT: London's most spectacular, new luxury hotel The Peninsula London was the setting for a magical Grand Opening Celebration on Tuesday, 18 June. Their Royal Highnesses the Duke and Duchess of Edinburgh joined luminaries from the fields of art, film and entertainment
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Over Euro 1.2 billion affected by fraud, irregularities in 2023: OLAF
Updated : 2 years, 1 month ago IST
During 2023, OLAF opened 190 new investigations, following 1178 preliminary analyses carried out by OLAF experts.
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