A combination of policy changes such as bankruptcy law and taxation code and the enabling environment created by the digital public infrastructure has made India an attractive investment destination for the financial technology sector, a senior World Economic Forum (WEF) official said. In a video interview with PTI, Matthew Blake, Head of the Centre for Financial and Monetary Systems at the WEF said India has been one of the best-performing markets in the world and investors have made money here. Blake also struck a word of caution saying that since markets do not move in a purely linear fashion and were prone to "ups and downs", there was a need to educate investors. "So this idea of being an informed investor, a diversified investor, and having access to educational resources to do that is really fundamental artificial intelligence (AI)," he said. "I think a combination of different policy choices that have been made make India quite an attractive investment destination. In addit
Deepinder Goyal married a Mexican model Grecia Munoz who now lives in India. Get to know more about her
German automaker Volkswagen will kick off its electrification journey in India with the launch of its electric car ID.4 later this year as part of its global efforts of mass electrification, a senior company official said on Thursday. The company, which unveiled the ID.4, expects the Indian passenger vehicles market to grow 5-7 per cent this year while it is targeting 10-15 per cent growth for itself. "Our first step to the electrification journey in India begins with the ID.4...," Executive Director Sales International Operations, Volkswagen Passenger Cars Michael Mayer said here at the Volkswagen annual brand conference. He said the ID.4 is being brought in as part of the company's global efforts of mass electrification. It will be launched in the Indian market later this year. Globally, VW is leading in the electrification journey, he said, adding, as part of the company's commitment to the Paris Climate Agreement 2030, it is continuing efforts in various spheres, including the
Every year, Holi is celebrated in India with colour riots and parties, but the festival is incomplete without these delectable Indian snacks
She stressed that under PM Modi's leadership, India's G20 presidency had ushered in a new era of empowerment with a profound focus on women-led development, marking a change
The Indian and US navies on Tuesday held a bilateral tri-service Humanitarian Assistance and Disaster Relief (HADR) exercise, Tiger Triumph - 24 on the Eastern Seaboard. The HADR exercise represents the robust strategic partnership between India and US, with the drill aimed at sharing best practices and standard operating procedures (SoPs). The Harbour Phase of the exercise is scheduled at Visakhapatnam from March 18 to 25, which includes pre-sail discussions, subject matter expert exchange on professional subjects and deliberations on planning and execution procedures of various tasks, said a press release from the Visakhapatnam-based Eastern Naval Command (ENC) of the Indian Navy. Other Harbour Phase activities include friendly sports events to further enhance camaraderie between the participating armed forces personnel of both nations. Scheduled from March 26 to 31, the Sea Phase will involve the naval units from both the countries setting up joint command and control centre and
"Russia's election was an election without choice," German Foreign Minister Annalena Baerbock said at the start of the meeting.
Holi 2024: The festival of Holi is celebrated every year in March and this year it will be celebrated on March 25. Get to know why people celebrate Holika Dahan
Some of places most affected were in the Middle East, Africa and Central and South Asia. Bangladesh, Pakistan, India, Tajikistan and Burkina Faso ranked as five countries with the most polluted air
Sheena Rani is the scientist behind India's first test flight of indigenous nuclear missile Agni-5, which is a part of 'Mission Divyastra'. Here's all you need to know about her
New Zealand Deputy PM questions lack of evidence on alleged Indian link in Hardeep Singh Nijjar's killing. Watch the video to know more.
Prime Minister Narendra Modi hails India’s successful flight test of domestically developed Agni-V missile with MIRV technology. Watch the video to know more.
Around 11.2 million people aged 40 years and above in India have glaucoma but only 20 per cent of them are aware of it, experts said on the World Glaucoma Day on Tuesday. The numbers can be more as more than 70 per cent of cases go undetected. Glaucoma is a disease that affects the optic nerve and is the third most common cause of blindness in the country. It is known as the "sneak thief of sight," because there are no early symptoms. It is also the leading cause of irreversible blindness, affecting more than 80 million (one million=10 lakh) people worldwide. Dr Ikeda Lal, senior Cornea, Cataract and Refractory Surgery Specialist, at the Delhi Eye Centre and Sir Ganga Ram Hospital here said glaucoma is a group of eye conditions that damage the optic nerve, leading to progressive vision loss. Glaucoma typically presents with no symptoms in its early stages, making regular eye examinations crucial for early detection. "However, as the condition progresses, you may experience blurre
Ramadan 2024: Ramadan or Ramzan is a very special month for Muslims across the world. Here are the top 10 messages, wishes and quotes to share ahead of the beginning of the month
The India-United States trade is likely to surpass the previous record of USD 200 billion this year and huge opportunities exist for the two countries to expand cooperation in defence, space besides critical emerging technologies like semiconductors and artificial intelligence, said American Ambassador Eric Garcetti on Thursday. The US is proud to be India's No. 1 trading partner with two-way trade reaching nearly USD 200 billion last year, Garcetti told reporters in Indore. "I think this year we will break the (previous) record of USD 200 billion in bilateral trade (between India and the US)," he said. The envoy asserted that US President Joe Biden in the past had emphasized that trade between India and America should rise to the level of USD 500 billion given the potential for expansion. Efforts are on achieve this goal, said the Ambassador who took charge of his new diplomatic assignment last year. Garcetti said huge opportunities exist to further grow Indo-US trade, and for ..
Taiwan's Labour Minister Hsu Ming-chun has apologised for her inappropriate comments on her government's plans to recruit Indian migrant workers from a particular region which drew sharp criticism for being racist. Taiwan plans to recruit Indian workers after signing an MOU with India on February 16 to bolster people-to-people exchanges between the two countries and help alleviate labour shortages in Taiwan's industries, according to a recent statement by Taiwan's Ministry of Foreign Affairs. Elaborating on the recruitment plan, Hsu in a talk show on Taiwan television said her ministry will first recruit Indian workers from the North-Eastern states of India because "their skin colour and dietary habits are closer to ours," Taiwan's Central News Agency (CNA) reported on Tuesday. In addition, Hsu reported to have said the Indians there are "mostly Christians" who are adept at manufacturing, construction, and farming. Significantly, Hsu said the recruitment strategy was based on Minis
Crisil Ratings on Wednesday projected India's GDP growth at 6.8 per cent in the next fiscal and said the country will become an upper middle-income nation by 2031 with the economy doubling to USD 7 trillion. In its India Outlook report, Crisil said the Indian economy will take support from domestic structural reforms and cyclical levers and can retain -- perhaps even improve -- its growth prospects to become the third largest economy by 2031. "After a better-than-expected 7.6 per cent this fiscal, India's real GDP growth will likely moderate to 6.8 per cent in fiscal 2025," said the Crisil India Outlook report. It said that the next seven fiscals (2025-2031) will see the Indian economy crossing the USD 5 trillion-mark and inching closer to USD 7 trillion. "A projected average expansion of 6.7 per cent in this period will make India the third-largest economy in the world and lift per capita income to the upper-middle income category by 2031," Crisil said. India, with a GDP size of
The company also plans to tap smaller cities as it looks to establish sales outlets in 10 new locations ranging from Jammu to Kottayam to scale operations, Sardien stated
Bank holiday on Mahashivratri 2024: Mahashivratri is a very auspicious occasion when the devotees offer prayers to Lord Shiva, and Shakti. Check the full March holiday list here
Anant-Radhika pre-wedding: The final night of Anant Ambani and Radhika Merchant belongs to Mukesh Ambani and Nita Ambani who performed Bollywood acts. Watch videos here