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Indian food services market to reach Rs 10 lakh crore by 2030: Report

Jul 3, 2024

New Delhi, July 3 (IANS) The food services market in India is poised to grow at 10-12 per cent annually over the next seven years, reaching Rs 9-10 lakh crore by 2030, a report showed on Wednesday. The food services market in India, which encompasses dining out and ordering in, is currently valued at Rs 5.5 lakh crore.The growth trajectory will be…

We got mandate to make India third largest economy: PM Modi

Jul 3, 2024

New Delhi, July 3 (IANS) Prime Minister Narendra Modi on Wednesday outlined the thrust of the BJP-led government’s economic policy.Speaking in Rajya Sabha during the Motion of Thanks to the President's address, the PM said, “There will be a…

Business

Koo announces to shut down after partnership talks fell through

Jul 3, 2024

New Delhi, July 3 (IANS) Homegrown micro-blogging platform Koo on Wednesday announced to discontinue its services to the public after partnership talks fell through."We explored partnerships with multiple larger internet companies,…

Business

India, Japan to work together towards building safe & trustworthy AI: Hiroshi Yoshida

Jul 3, 2024

New Delhi, July 3 (IANS) As the world leaders aim to control artificial intelligence (AI) and the user harms associated with it, India and Japan will work together in order to achieve safe, secure and trustworthy AI, said Japanese…

Business

PE, VC investments reached $6.9 billion in May: Report

Jul 3, 2024

Mumbai, July 3 (IANS) Investors are bullish on India as the economic growth rate is the fastest in the world. Private equity (PE) and venture capital (VC) funds invested $6.9 billion in May 2024 which is 54 per cent more on a year-on-year…

Business

Indian real estate registers $2.5 bn in investments in Q2: Report

Jul 3, 2024

New Delhi, July 3 (IANS) After a steady start in the first quarter (Q1) of 2024, Indian real estate saw accelerated momentum in the second quarter (Q2), registering $2.5 billion of inflows -- the highest in any quarter since 2021, a new…

Business

We aim to make AI work for India via skilled talent pool, innovative startups: Jitin Prasada

Jul 3, 2024

New Delhi, July 3 (IANS) India stands at the forefront of global Artificial Intelligence (AI) innovation and the government’s commitment is to foster an inclusive and robust AI ecosystem via skill penetration and substantial investments in…

Business

India records robust services sector growth in June, hiring at 2-year high: HSBC

Jul 3, 2024

New Delhi, July 3 (IANS) Growth in India's services sector accelerated in June on the back of robust domestic demand and a record rise in export orders, according to an HSBC survey released on Wednesday. The strong demand also led to…

Business

India’s coal production surges by 14.5 pc to 84.6 million tonnes in June

Jul 3, 2024

New Delhi, July 3 (IANS) India’s coal production registered a robust 14.5 per cent growth in June this year to touch the 84.63 million tonnes mark compared to 73.92 million tonnes in the same month last year, according to the latest figures…

Business

Collective effort must to harness AI’s potential while limiting user harms: Ashwini Vaishnaw

Jul 3, 2024

New Delhi, July 3 (IANS) Artificial intelligence (AI) can be a very big tool to solve many socio-economic problems but we need to contain the risks associated with AI and the solution has to come via a global thought process as it cannot be…

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