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India has 360 proposals for ropeway and cable car: Union Minister Nitin Ga
Updated : 1 year, 4 months ago IST
Union Minister for Road Transport and Highways Nitin Gadkari on Thursday, said that India has 360 proposals of rope way and cable cars worth USD 7.93 billion.
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British International Investment Commits Rs 205 Crore To Magpet Polymers T
Updated : 1 year, 4 months ago IST
Kolkata (West Bengal) [India], October 24: Magpet Polymers Pvt. Ltd. (Magpet), India's first PET circular enterprise and a pioneer in sustainable plastic waste management, today, announced a strategic investment of INR 205 crore (USD 24 million) from British International Investment (BII), t
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ED seizes over Rs 30 lakh Indian, foreign currency in major multi-state ra
Updated : 1 year, 4 months ago IST
The Enforcement Directorate (ED) has confiscated Rs 30.50 lakh, along with 6,410 Euros, 3,062 USD, five Singapore Dollars, and 2,750 Swiss Francs, during a multi-state operation last week, the agency said on Thursday.
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Validation Cloud Secures USD 10M Lead to Scale AI for Web3 from True Globa
Updated : 1 year, 4 months ago IST
Zug [Switzerland], October 24: Validation Cloud, the leading Web3 data and AI company, has selected True Global Ventures as its lead investor, with a contribution of $10M. The company plans to use the funds to expand its AI product, bringing seamless access to Web3 data and enabling unparall
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India's M&A deal value surges 66% in 2024, outpacing global deal of wo
Updated : 1 year, 4 months ago IST
The Mergers and acquisitions deals in first nine months of the year saw a remarkable surge of 66 per cent in value terms compared with the same period in 2023, showing signs of revival deal sentiments, Boston Consulting Group said in a report.
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Nirmala Sitharaman says over USD 459 bn transferred through DBT in last 8
Updated : 1 year, 4 months ago IST
Finance Minister Nirmala Sitharaman highlighted that more than USD 450 billion has been transferred through Direct Benefit Transfers (DBT) to the people in last 8 years.
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ADB approves USD 241 million loan to boost power distribution in West Beng
Updated : 1 year, 4 months ago IST
The Asian Development Bank (ADB) has approved a USD 241.3 million loan to improve the distribution of power supply in West Bengal.
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Yashobhoomi is biggest exhibition venue I have seen in world: Mark Mobius
Updated : 1 year, 4 months ago IST
Yashobhoomi (Phase-I) was inaugurated by Prime Minister Narendra Modi last year on his birthday. The entire development has a total cost of Rs25,700 crore (USD 3.1 billion), with the first phase alone costing Rs5,400 crore (USD 650 million).
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Gen AI funding set to break record in 2024, VC investments poised to surpa
Updated : 1 year, 4 months ago IST
The surge in funding has been fueled by billion-dollar mega-rounds from major players such as OpenAI LLC and Anthropic PBC, underscoring the growing enthusiasm and confidence in GenAI's transformative potential.
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"By 2030, we'd probably be the third largest economy": EAM Jaishankar
Updated : 1 year, 5 months ago IST
Jaishankar said that Godman Sachs's study predicted that India would be a USD 52.5 trillion economy by 2075.
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Pakistan seeks additional $2 billion from IMF to combat climate change
Updated : 1 year, 5 months ago IST
Pakistan is seeking an additional USD2 billion from the International Monetary Fund (IMF) to tackle the devastating impacts of climate change, a report by ARY News said, citing sources.
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Indian pharma firms trail global peers in R&D, innovation, and talent
Updated : 1 year, 5 months ago IST
Indian pharmaceutical firms are lagging behind their global counterparts across key performance parameters, including R&D intensity, proportion of PhD employees, and the number of patents and publications generated per billion USD of revenue, a report by Foundation for Advancing Science
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