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Business

AIIB Aims to Boost India Investments to $17 Billion, Focusing on Green Energy and Tech

The Asian Infrastructure Investment Bank (AIIB) plans to increase its investment in India to $16-17 billion, focusing on renewable energy, green mobility, and digital infrastructur...

Business

IMF Boosts India's GDP Forecast to 6.4% for 2025 and 2026 Amid Global Economic Optimism

The IMF has updated its global growth projections, with India's GDP expected to grow by 6.4% in 2025 and 2026. Global growth is also projected to increase, reflecting a more favora...

Business

RBI Warns Lenders: Growth Should Not Compromise Safety and Governance Standards

RBI deputy governor Swaminathan J warns banks and NBFCs against compromising internal safeguards and regulatory norms for growth, emphasizing the importance of governance and ethic...

Business

Decathlon Aims to Skyrocket India Sourcing to $3 Billion by 2030, Eyeing Global Hub Status

Decathlon plans a six-fold increase in sourcing from India to $3 billion by 2030, leveraging the country's manufacturing and supply chain strengths to compete globally.

Business

Sharp 19% Decline in PE-VC Investments in India During First Half of 2025

Private equity and venture capital investments in India dropped by 19% in the first half of 2025 compared to the same period in 2024, totaling $26.4 billion. Despite the decline, i...

Business

US Strategically Permits Nvidia Chip Sales to China to Safeguard AI Leadership

The US has allowed Nvidia to continue H20 chip shipments to China, aiming to maintain its AI leadership and slow China's chip innovation. NEC Director Kevin Hassett discusses the s...

Business

Cerebras Systems Eyes $1B Private Funding Amid AI Chip Innovation Surge

Cerebras Systems is in talks to raise $1B in private funding, potentially delaying its IPO. Known for the WSE-3, the world's largest AI chip, the company continues to push the boun...

Business

Major Rail Union Opposes Historic $85B Merger Between Union Pacific and Norfolk Southern Over Safety Concerns

The largest rail labor union in the US, SMART-TD, opposes the $85 billion merger between Union Pacific and Norfolk Southern, citing concerns over Union Pacific's labor practices an...