India-Based Car-Sharing Platform Zoomcar Goes Public
Zoomcar, an Indian peer-to-peer carsharing platform that targets emerging markets, has gone public.
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India to Block Crypto Exchange Websites
India has imposed restrictions on foreign crypto exchanges, including Binance.
IndusInd Bank Launches Corporate Credit Card
IndusInd Bank has launched a corporate credit card on the RuPay network.
Adani Green Energy Raises $1.13B to Boost Renewable Energy Transition in India
India’s largest renewable energy developer, Adani Green Energy, said its shareholders will invest INR 9,350 crore ($1.13 billion) in the company to boost its capacity, achieving its stated target of 45 GW by 2030.
India Tests AI for Severe Weather Forecast
India’s governmental department believes that AI climate models can help improve forecasting, especially important for severe weather conditions like floods and droughts.
Bank holidays in Maharashtra 2024
Maharashtra, located on the western coast of India, is the third largest state in the country by land area. It was established in 1960 and declared Marathi as its official language, although Hindi, Gujarati, Kannada, and Bhojpuri are also widely spoken.
RBI Warns Risk of India Economic Growth Falter
The report of the Reserve Bank of India (RBI), which was released on Wednesday, December 20, contains a statement that the economic system of this South Asian country will continue to demonstrate dynamic growth at a healthy pace, but the fact of the negative impact of high inflation on consumer demand creates a risk factor […]
Meta Launches Partnership With India’s ONDC
Meta announced the beginning of cooperation with the Indian Open Network for Digital Commerce (ONDC).
India Central Bank Tightens Rules for Financing of Alternative Investment Funds
The Central Bank of India on Tuesday, December 19, banned banks and non-bank financial companies that are in the area of its regulation from sending financing to alternative investment funds.
Foxconn Adds $1 Billion to Investment in Apple India Plant
The Foxconn technology group has received permission to allocate at least another $1 billion in investment funds for a project to build a factory in India, where production activities for the assembly of Apple products will be established.
Samsung to Overtake Xiaomi as India’s Top Smartphone Brand
Experts expect that in the foreseeable future, the leader in the Indian smartphone market will change.
Tata Plans to Build One of India’s Biggest iPhone Assembly Plants
The Tata Group conglomerate intends to build in India one of the largest factories for the assembly of iPhone smartphones included in the Apple product range.
Top Neobanks in India
One of the dominant 2023 fintech trends is the continued adoption of digital banking. Neobanks are at the forefront of online and mobile banking, offering fast, accessible and flexible services at competitive rates.
Why Gold Price Is Rising in India
Today, gold price is on the rise in India. Despite seasonal volatility, gold value has increased almost 12% in a year and 783% over the last 20 years. Why is gold price rising in India in 2023? The Value of Gold in Indian Society Gold is the ancient means of exchange. This precious metal has […]
How to Buy Digital Gold in India
The country with traditional glorification of gold does not shun fintech innovations either, so digital gold is gaining ground in India. If you believe gold is a solid investment but don’t want to store it at home, consider buying digital gold. Here’s how you do it in India.
Foxconn to Invest $1.6 Billion in India
The Taiwanese technology giant Foxconn, one of the main manufacturers of the iPhone smartphones of the American company Apple, intends to expand the scale of its presence in India by allocating investment funds for $1.6 billion in new construction projects.
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