India
Tata Elxsi Partners with Qualcomm to Revolutionize Software-Defined Vehicle Development
As part of this partnership, Tata Elxsi will develop a virtual electronic control unit (ECU) platform using Snapdragon virtual system-on-chips (VSoCs)
India Highlights Technology Transfer Roadblocks in Climate Fight
The BUR outlines India's strategy to integrate advanced technologies in sectors such as solar and wind energy, bioenergy, electric vehicles, climate-resilient agriculture, and carbon capture.
India's Digital Payment Ecosystem Reaches New Heights in December 2024: Report
The exponential growth in digital payments in India can be attributed to several factors, including government initiatives like the "Digital India" campaign, convenience and security features, and expanding digital infrastructure.
Bajaj Auto Emerges on Top of the Electric Two-Wheeler Market in 2024
Bajaj Auto's platform, which integrates premium features while reducing production costs by 45 per cent, promises to further strengthen its margins. TVS, too, has enhanced its market presence, increasing its touchpoints to nearly 4,000 outlets alongside its 250 EV-specific stores.
India's Forest and Tree Cover Expands by 1,445 Sq Km, Achieves 2.29 Billion-Tonne Carbon Sink
While very dense forests increased by 3,465.12 sq km, moderately dense and open forests declined by 1,043.23 sq km and 2,480.11 sq km, respectively. Mangrove cover, vital for coastal ecosystems, experienced a slight decrease of 7.43 sq km.
India's Economic Outlook Expected to Grow 6.6% in Q3 FY2025 Amid Challenges: ICRA Report
ICRA estimates the GVA growth to improve to 6.6 per cent in Q3 FY2025 from 5.6 per cent seen in Q2 FY2025; the pace of GDP growth in the quarter will be contingent on the Government's subsidy pay-out and indirect tax inflows. Overall, we expect the GVA and GDP growth to print at 6.5 per cent each in FY2025
India's Forex Reserves Decline by $1.98 Billion, Continue Downward Trend
A deeper look into the composition of the reserves reveals that foreign currency assets (FCA)—a major component—fell by $3.047 billion during the week, standing at $562.576 billion.
3,200 New Outlets; Ola Electric Pushes Towards 4,000 Stores by Christmas
With introductory prices starting at INR 39,999, Ola's EVs cater to diverse markets, from rural to urban.
India Aims To Achieve 30% Share of EVs in New Sales by 2030: Report
India's EV market saw robust growth in 2023, with sales surpassing 1.5 million units; a 49 per cent increase compared to 2022. Notably, 95 per cent of these sales came from e2Ws and e3Ws, which play a pivotal role in India's transition to electric mobility.
Ola Consumer Launches Dash; Enters 10 Minute Food Delivery Market
By partnering with a curated selection of nearby restaurants, Dash ensures speed and reliability in every order, with plans to expand the service to other cities are already underway.
Steering Toward a Sustainable Future: India's EV Public Charging Roadmap 2030
The report identifies 40 priority cities and 20 key highway stretches that could serve as the backbone of India's public EV charging infrastructure.
FedEx Unveils FedEx One Stop Shop to Revolutionize Global Shipping
The 'FedEx One Stop Shop' integrates order management, booking, and track-and-trace functionalities, eliminating the need for businesses to juggle multiple freight forwarders.
GCCs in India to Lead Innovation and Shape Global Business Trends: Report
The country currently has over 1,700 GCC enterprises employing over 2 million professionals and is at a pivotal point in their development in transforming into strategic hubs, according to a report titled 'Pioneering Innovation In Global Capability Centers' by Avasant.
Indian Venture Ecosystem Poised for Global Ascent: Recovery, IPO Resurgence, and 'Building for Bharat' to Define 2025
India's GDP is poised to scale from USD 4 trillion to USD 8 trillion over the next decade and will offer a playground that is remarkable for both founders and venture capital (VC) firms, said Pranav Pai, Founding Partner and CIO at 3one4 Capital.
India's Logistics Cost to be Reduced to 9% Within 2 Years: Nitin Gadkari
With a focus on innovation, clean energy, infrastructure, and rural empowerment, Nitin Gadkari's vision aligns with India's aspirations to become a global economic powerhouse.