This comes a day after Microsoft announced its plans to invest USD 3 billion in cloud and AI infrastructure in India over the next two years, including the establishment of new data centers.
New Delhi [India], January 8: Billionaire Ashish Jain, Founder and CEO of Alieus Hedge Fund, has announced an ambitious plan to significantly increase his firm's portfolio investments in the Indian markets. The announcement was made during the Goa meetup in December 2024 in India after the g
India Exim Bank (Export-Import Bank of India) has raised USD 1 billion by issuing 10-year bonds in the international market, the bank announced on Tuesday. This makes it the first Indian organisation to issue dollar bonds in 2025.
Microsoft will make a USD 3 billion investment in India for cloud and AI infrastructure over the next two years, chairman and CEO Satya Nadella, informed from the stage at the Microsoft AI Tour in Bengaluru.
This event, themed "The Runway to a Billion Opportunities," aims to foster global partnerships, promote indigenisation, and explore new avenues in the global aerospace value chain.
Government data suggests, India's overall energy consumption also increased by 6 per cent YoY in December 2024, reaching 130.40 billion units (BUs). This growth reflects heightened industrial and commercial activity, driving demand in IEX's markets.
The industrial and warehousing segment emerged as the top contributor, attracting USD 2.5 billion in investments, a staggering 190 per cent increase compared to 2023. This accounted for 39 per cent of the total inflows, surpassing the office segment, which garnered USD 2.3 billion or 36 per
According to a recent report by global Internet monitor Top10VPN.com, Pakistan faced highest economic losses in the world due to Internet outages in 2024, with total losses amounting to USD 1.62 billion. The amount was more than losses faced in conflict-hit nations like Sudan and Myanmar.
This includes a series of transportation projects of an "unprecedented scale" in the western Negev region, and especially in the areas of settlement that were hit in the terrorist massacre of October 7.
In the week that ended December 27, the country's foreign exchange kitty declined by USD 4.112 billion to USD 640.279 billion, data from the Reserve Bank of India (RBI) showed.
The US State Department on Friday informed Congress of its plan to approve USD 8 billion worth of arms sales to Israel, according to the department's office overseeing weapons transfers, the New York Times reported.
Union Minister of Textiles Giriraj Singh stated that the textile ministry is committed to helping the industry to reach the market size of USD 300 billion in year 2030 and provide employment to 6 crore persons in textile value chain, the Ministry stated in a release on Sunday.