billion - Wander City

AI in action: India’s artificial intelligence market set to triple to $17 billion by 2027; talent base, public infra power growth wave – Times of India

alishpagda08@gmail.com2 weeks ago03 mins

India’s artificial intelligence (AI) industry is poised for a threefold expansion by 2027, reaching $17 billion, as enterprises shift from pilots to scalable deployments, according to a new report by Boston Consulting Group (BCG).The report noted that AI has evolved into a core business imperative in India, accelerating decision-making, driving innovation, and expanding market access…

Indian companies may double capex to $850 billion in next five years – Times of India

alishpagda08@gmail.com2 weeks ago02 mins

MUMBAI: India’s corporate sector is gearing up for its largest capital expenditure cycle in over a decade, with companies poised to nearly double their investments over the next five years, according to S&P Global Ratings. The rating agency estimates total capex could reach $800 billion to $850 billion, mostly funded through operating cash flows and…

‘Turnaround story next year’: Pakistan’s debt increases to PRs 76,000 billion; its FM claims economy on path to recovery – Times of India

alishpagda08@gmail.com2 weeks ago04 mins

Pakistan FM said that GDP growth increased from -0.2pc in 2023 to 2.5pc in 2024. (AI image) Pakistan’s total debt has risen to PRs 76,000 billion during the initial nine months of the present fiscal year, as revealed in its economic survey. The report indicates that the financially constrained nation is expected to achieve a…

Foreign investment: India’s FDI hits 3-year high; Maharashtra leads with $19.6 billion – Times of India

alishpagda08@gmail.com2 weeks ago02 mins

Maharashtra and Karnataka emerged as the top magnets for foreign investment in India, together accounting for more than half of the country’s total FDI.Overall, India’s total FDI, comprising equity inflows, reinvested earnings, and other capital, rose by 14% to $81.04 billion in 2024–25, marking the highest inflow in the past three years. In the previous…

Forex check: India’s reserves dip by $1.24 billion to $691.49 billion in May-end; RBI says buffer still strong – Times of India

alishpagda08@gmail.com2 weeks ago02 mins

India’s foreign exchange reserves slipped by $1.24 billion to $691.49 billion in the week ending May 30, according to data released by the Reserve Bank of India on Friday. Despite the decline, the central bank said the reserve buffer remains robust. “At $691.5 billion, the reserves are sufficient to cover 11 months of imports and…

Bill Gates pledges $198 billion of his wealth to Africa for healthcare, education, and innovation | World News – Times of India

alishpagda08@gmail.com3 weeks ago08 mins

In a record-breaking philanthropic commitment, Bill Gates promised to give 99% of his wealth, approximately $198 billion, to Africa in the next 20 years. Addressing the African Union headquarters in Addis Ababa, Ethiopia, Gates stated that this huge fund will be focused on addressing some of Africa’s most daunting issues, mainly in healthcare and education.This…

$100 billion wiped out! Tesla shares crash 17%; investors rattled after Elon Musk & Donald Trump’s spat turns ugly – Times of India

alishpagda08@gmail.com3 weeks ago05 mins

Tesla shares have crashed 17% after CEO Elon Musk and US President Donald Trump’s spat turned ugly on Thursday. Musk, known to be one of Trump’s biggest supporters has been critical of the US President’s ‘One Big Beautiful Bill’, and the latter has hit out by calling the Tesla CEO ‘crazy’. In his latest posts…

Dubai to add 73,000 new homes in 2025 as property sales reach $31 billion – Times of India

alishpagda08@gmail.com3 weeks ago07 mins

Dubai is set to expand its residential inventory with the delivery of 73,000 homes in 2025, taking the emirate closer to a total of 300,000 new units by the end of 2028, according to research from property consultancy Cavendish Maxwell.As reported by Arabian Business, Dubai recorded 42,000 property sales transactions valued at AED 114.4 billion…

Donald Trump’s steel, aluminum tariff hike to hit $4.56 billion worth of Indian exports: GTRI report – Times of India

alishpagda08@gmail.com3 weeks ago04 mins

The upcoming hike in US tariffs on steel and aluminium imports, announced by President Donald Trump, is set to impact Indian metal exports worth $4.56 billion, according to a new analysis by the Global Trade Research Initiative (GTRI).Beginning June 4, the higher duties are expected to raise product costs for Indian manufacturers and exporters in…

Meteorite that hit Earth 3.26 billion years ago may have sparked good news for life, study reveals | – The Times of India

alishpagda08@gmail.com3 weeks ago05 mins

What if one of the most destructive events in Earth’s history actually helped life flourish? A massive meteorite that slammed into the planet 3.26 billion years ago may have done just that, according to a new study published in Proceedings of the National Academy of Sciences. Spearheaded by Harvard geologist Nadja Drabon, the research proposes…