Jio Satellite only one with 1 Gbps connectivity; Sunil Mittal’s OneWeb should not underestimate us: Reliance Jio top exec

Bharti Group-backed OneWeb vs Jio’s satellite services: A senior executive from Reliance Jio has cautioned that OneWeb, backed by the Bharti Group, should not underestimate the competition posed by Jio’s satellite services. Jio has already established a gateway and demonstrated a 1 Gbps broadband connectivity, a feat that might not be easily matched by competitors … Read more

Delhi government’s major policy shift towards EVs

According to the policy, the state wants all cab aggregators and delivery service providers to transition towards 100% electric vehicles by calendar year 2030. The policy entails 5% EVs in fleet of the likes of Uber and Ola in six months, 50% in three years and 100% in five years. After three years, only EVs … Read more

Titan opening invite only luxury stores

The Company is launching it’s 1st store in South Extension Market, Delhi. It has taken 17,000 sq ft space on rent Customers will only be by invite Minimum ticket size is speculated to be Rs 10 lakh Intention is to open similar stores across the country Titan/ Tanishq enjoys huge brand loyalty and the above … Read more

India will remain fastest-growing major economy in FY’24: Finance Ministry report

The Finance Ministry’s report said that core inflation was declining steadily while food inflation has eased. People shop on the eve of Dussehra (Dasara) festival, in Bengaluru, Karnataka. File India will remain the fastest-growing major economy in the world in 2023-24 fiscal on the back of strong domestic fundamentals and benign inflation expectations, a Finance … Read more

India’s contribution to global growth to rise to 18% in five years: IMF

Krishna Srinivasan, director, Asia Pacific Department, IMF, said India and China are expected to jointly account for half the world’s growth in 2023 and 2024, with India’s share at 16% and the remaining being contributed by China. “India’s economic growth remains robust, driven by a large public capital expenditure push and resilient domestic demand,” said … Read more