As India celebrates the 77th anniversary of its independence on August 15, 2024, it stands as a testament to the resilience, determination, and vision of a nation that has undergone profound economic and social evolution. From the struggles of a newly independent country in 1947 to becoming one of the world’s largest economies and a...
Indian stock markets are experiencing a remarkable rally, surpassing a valuation of $5 trillion this week. This Indian stock market rally comes in record time, with the market reaching the $4 trillion mark just six months ago in November 2023. The driving force behind this surge appears to be a shift in the behavior of...
The age of artificial intelligence (AI) has arrived, hand-in-hand with the burgeoning need for its regulation. India has emerged as a trailblazer in this arena, issuing an advisory for AI companies that marks the first concrete step towards governing this powerful technology. The full details are still being unveiled, but two key aspects have come...
In a significant move aimed at bolstering its domestic chip-making capabilities, India has approved a staggering $15.2 billion (₹1.26 trillion) investment for building three new semiconductor fabrication plants, or fabs. This ambitious initiative, coupled with the recent approval for Micron Technology to establish a unit in Sanand, Gujarat, marks a major step forward for India’s...