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Monthly Archives: September 2024

World Bank Ups India's Growth Forecast to 7% for FY25

World Bank Ups India’s Growth Forecast to 7% for FY25

The World Bank has revised its growth forecast for the Indian economy, increasing it to 7% for the fiscal year 2024-25, up from the earlier estimate of 6.6%. This adjustment comes despite a slowdown to 6.7% in the April-June quarter, attributed to reduced government spending during national elections. Key Drivers Agricultural Recovery & Rural Demand: …

Thulasimathi Murugesan and Manisha Ramadass Shine at Paris 2024 Paralympics

Thulasimathi Murugesan and Manisha Ramadass Shine at Paris 2024 Paralympics

In a remarkable display of skill and perseverance, Indian para-badminton players Thulasimathi Murugesan and Manisha Ramadass clinched silver and bronze medals, respectively, in the women’s singles SU5 class at the Paris 2024 Paralympics. Their outstanding performances not only showcased their exceptional talent but also marked a historic moment for Indian badminton. Thulasimathi Murugesan Secures Silver …

RIL Becomes India's First Company to Surpass Rs 10 Lakh Crore in Annual Revenue

RIL Becomes India’s First Company to Surpass Rs 10 Lakh Crore in Annual Revenue

Reliance Industries Limited (RIL) has made history as the first Indian company to exceed ₹10 lakh crore in annual revenue. This milestone was revealed during RIL’s Annual General Meeting (AGM) by Chairman Mukesh Ambani. For the financial year 2023-24, Reliance achieved a record consolidated turnover of ₹10,00,122 crore (USD 119.9 billion), with a net profit …

Google DeepMind's Morni AI to Cover 125 Indic Languages

Google DeepMind’s Morni AI to Cover 125 Indic Languages

Google DeepMind’s India unit is spearheading an ambitious AI project named Morni (Multimodal Representation for India), aiming to encompass 125 Indic languages and dialects. Speaking at the Global Fintech Fest, Manish Gupta, Director of Google DeepMind India, highlighted that among these languages, 73 had no existing digital corpus. Despite Hindi being spoken by nearly 10% …

Which District of Uttar Pradesh is Known as Textile Hub?

Which District of Uttar Pradesh is Known as Textile Hub?

In the state of Uttar Pradesh, there is one district that stands out for its contribution to the textile industry. This district is commonly known as the “Textile Hub” of Uttar Pradesh. The district’s thriving textile sector has made it a significant player in the production of fabrics, garments, and other textile products, providing employment …

Uttar Pradesh to Invest Rs 33,500 Crore in IT and ITeS Hubs

Uttar Pradesh to Invest Rs 33,500 Crore in IT and ITeS Hubs

The Uttar Pradesh government is set to make a significant investment of approximately Rs 33,500 crore (around $4 billion) to spur growth in the Information Technology (IT) and IT-enabled Services (ITeS) sectors over the next five years. The plan aims for a tenfold increase in these sectors by developing technology hubs across five major cities: …

Bisleri Partners with Goa for Improved Waste Management

Bisleri Partners with Goa for Improved Waste Management

Bisleri International Pvt. Ltd. has partnered with the Government of Goa to improve waste management in Mormugao, Vasco. This collaboration was solidified during the Green Goa Summit 2024, where a Letter of Intent (LOI) was exchanged between Bisleri and the Goa State Pollution Control Board, with the presence of Chief Minister Dr. Pramod Sawant. The …

Suhas Yathiraj Secures Silver Medal in Badminton at Paris 2024 Paralympics

Suhas Yathiraj Secures Silver Medal in Badminton at Paris 2024 Paralympics

Indian para-badminton star Suhas Lalinakere Yathiraj added yet another accolade to his remarkable career by winning the silver medal in the men’s singles SL4 category at the Paris 2024 Paralympics. The match took place at the historic Stade Pierre de Coubertin, where Suhas faced off against world champion Lucas Mazur. Despite a hard-fought battle, Suhas …

Sheetal Devi and Rakesh Kumar Secure Bronze in Mixed Team Compound Archery at Paralympics 2024

Sheetal Devi and Rakesh Kumar Secure Bronze in Mixed Team Compound Archery at Paralympics 2024

Indian duo of Sheetal Devi and Rakesh Kumar claimed the bronze medal in the mixed team compound archery competition at the Paralympics 2024 on September 2nd. Their victory was secured with a nail-biting 156-155 win over Italy’s Eleonora Sarti and Matteo Bonacina, marking only the second time that India has won a medal in archery …