Registration of companies and LLPs surges in May amid strong GDP growth
Due to strong GDP growth and policy continuity, registration of companies and limited liability partnerships (LLPs) in the country surged by up to 37 per cent in May.
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All eyes on RBI’s June 6 review: Economists divided as central bank weighs third repo rate cut
The Reserve Bank of India’s MPC met to review interest rates, with economists divided on the extent of cuts. Some advocated for a bolder 50 bps reduction to boost economic momentum, while others favored a cautious 25 bps cut, citing…
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Starlink to get licence to operate in India soon: Jyotiraditya Scindia
The communications minister explained that before starting commercial operations, all licence holders, including Starlink, must obtain clearance from IN-SPACe.
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Facebook parent Meta becomes the latest American company to ‘go nuclear’ for AI
Meta secures nuclear energy for its AI operations. The 20-year agreement boosts Constellation Energy’s Clinton plant in Illinois. This deal increases clean energy output and preserves local jobs. Tech companies are increasingly turning to nuclear power. Amazon and Google are…
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Apple can inch toward India and Vietnam, but it can’t leave China, with or without tariffs
A book reveals Apple’s reliance on China. It highlights how technology transfer aided China’s tech growth. The US struggles to replicate China’s manufacturing ecosystem. Trump’s tariffs are not the biggest threat to Apple. The real threat is Beijing. Apple is…
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Finance Minister to review economy at FSDC meeting on June 10
Finance Minister Nirmala Sitharaman is scheduled to chair the 29th FSDC meeting on June 10 in Mumbai to assess the economic landscape amid global uncertainties. The council will discuss financial stability issues, ways to curb digital fraud, and review measures…
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