India News

Growth in India set to get more broad-based, says Morgan Stanley, pegged 6.8% for 2024

Growth in India, which already is strong and surging, may become more broad-based across both on the consumer and business spending side, indicated Morgan Stanley. The global investment bank, in its latest report ‘2024 Global Economic Midyear Outlook’, attributed India’s firm growth to three megatrends -global offshoring, digitalization and energy transition. Morgan Stanley forecasts 6.8 […]

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NHAI seeks investment in UAE for infrastructure monetization

The National Highways Authority of India (NHAI) has launched an initiative to monetize its infrastructure, seeking investments from the UAE to sustain and enhance India’s expanding national highway network. NHAI’s delegation, led by Chairman Santosh Kumar Yadav and NHIT MD Suresh Goyal, are conducting high-level meetings and roadshows in Dubai and Abu Dhabi to attract […]

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Delhi Government to hold an emergency meeting to address the issue of water shortage

  Facing an acute water shortage across the national capital, the Delhi government has called an emergency meeting on Thursday to discuss measures to address the escalating crisis. The high-level meeting at the Delhi Secretariat will be chaired by Water Minister Atishi and Health Minister Saurabh Bhardwaj, with all senior officials including the Chief Secretary […]

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Monsoon rains arrive early in Kerala

Monsoon rains hit India’s southernmost Kerala coast a few days earlier than expected on Thursday, the India Meteorological Department (IMD) said, boosting prospects for bumper harvests that could spur farm and economic growth in Asia’s third-largest economy. Summer rains usually begin to lash coastal Kerala state around June 1 and spread across the whole country […]

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TCS and IIT Bombay collaborate to create India’s first semiconductor chip imaging tool

IT services major Tata Consultancy Services has entered into a partnership with the Indian Institute of Technology-Bombay, to develop what it said is India’s first quantum diamond microchip imager. According to a statement from the IT services major on Tuesday, this to-be-developed sensing tool will hold the potential to unlock new levels of precision in […]