India minted a new billionaire every 5 days in 2023: Hurun rich list 2024

India added a billionaire every 5 days in 2023, reaching 334 billionaires, with wealth exceeding US$ 119.3 million (Rs. 1,000 crore), according to the Hurun India Rich List 2024.

Moody's raises India's growth forecasts, Fitch affirms 'BBB-' rating

Moody's raised India's 2024 growth forecast to 7.2% from 6.8%, citing strong industrial and services sector performance.

India to offer 20% capital subsidy for domestic production of medtech components

The Indian government will launch a scheme to boost domestic manufacturing of digital X-ray, CT scan, and MRI components, offering a 20% capital subsidy.

Nokia to set up world's largest fixed network testbed in Chennai

Nokia's upcoming establishment of the world's largest fixed network testbed in Chennai represents a notable advancement in the realm of ultra-high-speed internet technology.

Jio now world's largest data company, carries 8% of global traffic: Ambani

Jio Platforms limited, has become one of the top 12 companies in India and accounting for 8% of global data traffic.

FIIs poured over US$ 1.6 billion into Indian equities within 10 days: NSDL data

Between August 16 and 27, Foreign Institutional Investors (FIIs) bought Indian equities worth over US$ 1.6 billion, boosting the Sensex and Nifty by 1.4% and BSE MidCap and SmallCap indices by 1.8% and 2.4%, respectively.