Tag: Economic Growth
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
FM: Just-in-Time Funds Cut Interest Costs
India’s just-in-time funds release system has led to interest cost savings of nearly ₹26,000 crore since FY18, Finance Minister Nirmala Sitharaman announced on Saturday....
Piyush Goyal Calls for Quality, Competitiveness at Bharat Calling 2025
Union Minister for Commerce and Industry, Shri Piyush Goyal, inaugurated the ‘Bharat Calling Conference 2025’ organized by the IMC Chamber of Commerce and Industry...
Apple Pledges to Invest $500 Billion for AI Expansion
Apple has announced plans to invest $500 billion in the United States over the next four years, reinforcing its commitment to domestic manufacturing, AI...
Madhya Pradesh Secures ₹4 Lakh Crore in Corporate Investments
Madhya Pradesh is set to witness a massive industrial and energy transformation, as major corporations, including Adani Group, Reliance Industries (RIL), NTPC, and Avaada...
India’s Food Processing Industry to Hit $700B by 2030: PHDCCI
India’s food processing sector is set for significant expansion, with its market size projected to more than double from $307 billion in 2023 to...
Piyush Goyal: Tesla, Others Welcome to Set Up in India
India is open to Tesla and other global manufacturers looking to invest in the country, Union Minister Piyush Goyal stated on Saturday. Addressing speculation...
Goyal: India-US Trade Pact to Strengthen Bilateral Ties
India's Commerce and Industry Minister Piyush Goyal has emphasized that the India-US trade agreement announcement has significantly boosted business confidence in both countries. Speaking...
Govt, RBI Align Fiscal and Monetary Policy for Growth
Finance Minister Nirmala Sitharaman emphasized the importance of coordination between the government's fiscal policy and the Reserve Bank of India’s (RBI) monetary measures to...
FDI inflow witnessed revival in FY 2024-25
India’s Union Budget 2025-26 focuses on fostering inclusive growth, improving fiscal stability, and enhancing the nation’s global economic standing. Finance Minister Nirmala Sitharaman unveiled...
