India’s capital markets regulator, Sebi, is developing its own large language model (LLM) to expedite approvals for new funds and schemes. This AI-powered tool aims to drastically reduce processing times, currently under three months, to less than a month, making…
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The structural long-term growth story for India remains intact driven by favourable demographics and stable governance, and Indian equities are likely to stay buoyant next year, a report showed on Tuesday.
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India’s Finance Minister Nirmala Sitharaman addressed the recent economic slowdown, characterizing the 5.4% growth in July-September as a “temporary blip.” She expressed confidence in healthy growth in the coming quarters, acknowledging global economic challenges during the period. Sitharaman also affirmed…
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Union Minister Nitin Gadkari highlighted the food delivery sector’s significant role in generating employment, projecting a rise in delivery workers from 7.7 million to 25 million by 2030. He also expressed concern over road accidents, urging for better training and…
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Highlighting the achievements of the National Infrastructure Readiness Index (NIRI), the Finance Ministry on Tuesday stated that it has paved the way for infrastructure development.
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India’s renewable energy capacity additions nearly doubled to 15 GW between April and November of this fiscal year, driven by a commitment to 500 GW of non-fossil fuel capacity by 2030. The government is actively promoting domestic manufacturing and solar…
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