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Microsoft to invest USD 3 billion in India to expand AI, cloud infra
Updated : 1 year, 2 months ago IST
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.
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Industrial and warehousing lead realty investments in 2024, closely follow
Updated : 1 year, 2 months ago IST
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
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Pakistan IT experts urge govt to expedite 5G services rollout to address s
Updated : 1 year, 2 months ago IST
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.
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India's forex reserves continue to fall, kitty now stands 10% below peak
Updated : 1 year, 2 months ago IST
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.
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US plans $8 billion weapons sale to Israel: Report
Updated : 1 year, 2 months ago IST
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.
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Textile Ministry aims for USD 300 billion market and 6 crore jobs by 2030:
Updated : 1 year, 2 months ago IST
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.
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Pakistan: PTI condemns internet 'throttling,' cites economic fallout
Updated : 1 year, 2 months ago IST
Pakistan's PTI has condemned the government for throttling internet speeds under the pretext of security concerns, citing severe economic repercussions. PTI's Sheikh Waqqas Akram highlighted that Pakistan suffered USD 1.62 billion in losses due to internet shutdowns in 2024, the highest g
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Pakistan leads global financial losses from internet shutdowns, topping do
Updated : 1 year, 2 months ago IST
Pakistan ranked first globally for the financial losses incurred due to internet and social media app outages and shutdowns, with a total loss of USD 1.62 billion. This figure surpassed the losses of countries like Sudan and Myanmar, which are experiencing civil wars.
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Biden blocks Nippon Steel's USD 14.3 billion takeover of US Steel
Updated : 1 year, 2 months ago IST
US President Joe Biden has blocked Japan's Nippon Steel from acquiring US Steel in a USD 14.3 billion deal, citing national security concerns. The decision, supported by the United Steelworkers union, reflects apprehensions about foreign control over a critical industry but faces criticism f
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LIV Golf announces star-studded lineup for International Series tournament
Updated : 1 year, 2 months ago IST
As part of the Asian Tour's International Series, the tournament features a 2 million USD prize purse and promises to be a milestone event for Indian golf, with a lineup of global icons and rising stars
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"No credibility": MEA refutes reports alleging Indian 'interference' in Ma
Updated : 1 year, 2 months ago IST
This comes after a Washington Post news report alleged that Maldives opposition sought USD 6 million from India to aid in a plot to impeach Maldives President Mohammed Muizzu.
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Samuthra Infrastructure Announces 10-State Industrial and Business Park In
Updated : 1 year, 2 months ago IST
Chennai (Tamil Nadu) [India], January 3: Samuthra Infrastructure Pvt. Ltd., one of India's largest land aggregators, proudly announces its strategic foray into the industrial and business park sector. This transformative initiative aims to redefine India's manufacturing ecosystem with dev
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