Articles for tag: Chasing, Global, Investment, Modis, Praise, Promises, Shadows, Triumph

Market News

Modi’s US Triumph: Investment Promises and Global Praise, But Are We Just Chasing Shadows?

Prime Minister Narendra Modi has returned from a significant three-day visit to the United States, where he strengthened ties between the two countries and engaged with world leaders at the Quad Summit and the UN General Assembly. Leaders from various states, including Bihar and Maharashtra, praised his efforts, highlighting the potential for increased investment in ...

Market News

Sensex and Nifty 50 hit record highs before closing slightly lower, fueled by optimism from global markets and US rate cuts.

Sensex and Nifty 50 hit record highs before closing slightly lower, fueled by optimism from global markets and US rate cuts.

On September 24, 2024, the Indian stock Market witnessed a major milestone as the benchmark indices Sensex and Nifty 50 hit all-time intraday highs, surpassing 85,000 and 26,000, respectively. The Sensex reached a peak of 85,163 but closed slightly lower at 84,914, while the Nifty 50 closed at a record 25,940 after hitting an intraday ...

Market News

India’s UPI seeks global expansion, negotiating digital payment systems in Africa and South America, aiming for launches by 2027.

India’s UPI seeks global expansion, negotiating digital payment systems in Africa and South America, aiming for launches by 2027.

India is actively working with several countries in Africa and South America to establish digital payment systems based on its successful Unified Payments Interface (UPI) model. Ritesh Shukla, CEO of NPCI International Payments Ltd, announced that two projects are expected to launch by early 2027, following agreements with Peru and Namibia earlier this year. The ...

Market News

Shaktikanta Das emphasizes resilience through strong fundamentals to combat global uncertainties and enhance emerging markets’ stability.

Shaktikanta Das emphasizes resilience through strong fundamentals to combat global uncertainties and enhance emerging markets’ stability.

Shaktikanta Das, the Governor of the Reserve Bank of India, emphasized the importance of strengthening fundamental economic practices to navigate global uncertainties. Speaking at the Himalaya Shumsher Memorial, he highlighted that a strong commitment to inflation targets, maintaining reserve buffers, and implementing prudent financial policies are essential for the resilience of emerging Market economies (EMEs). ...

Market News

In New York, Modi announces new US consulates, emphasizing India’s pivotal role in global growth and unity, igniting diaspora pride.

In New York, Modi announces new US consulates, emphasizing India’s pivotal role in global growth and unity, igniting diaspora pride.

Prime Minister Narendra Modi addressed the Indian community in New York, announcing the opening of two new Indian consulates in Boston and Los Angeles. He emphasized India’s evolving foreign policy, stating that the country now seeks equal partnerships globally, moving away from previous policies of equidistance. Modi highlighted India’s significant role during the COVID-19 pandemic ...

Market News

Silicon Valley CEOs Praise Modi’s Tech Vision: Is India Really a Global AI Hub or Just a Hype Factory?

At a recent tech roundtable in New York, leading Silicon Valley CEOs, including Google CEO Sundar Pichai and Nvidia CEO Jensen Huang, praised Indian Prime Minister Narendra Modi for his efforts to utilize technology for the country’s development. Pichai highlighted India’s digital transformation and emphasized the opportunities for artificial intelligence in sectors like healthcare, education, ...

Market News

Foreign investors surge back into India’s stock market, driven by robust IPOs and optimism amid political shifts and global rate cuts.

Foreign investors surge back into India’s stock market, driven by robust IPOs and optimism amid political shifts and global rate cuts.

Foreign portfolio investors (FPIs) injected over Rs 87,000 crore (over $10 billion) into Indian equities this quarter, marking the highest inflow since June 2023. Key factors driving this investment include improved growth prospects, increased global index weight, and a robust IPO Market, with 50 companies raising Rs 53,453 crore by August 2024. Despite a sluggish ...

Market News

Biden and Modi’s ‘Dynamic’ Dance: Navigating Alliances Amid Assassination Allegations and Global Ambitions.

During a recent meeting in Delaware, President Joe Biden described the partnership between the United States and India as “stronger, closer, and more dynamic than ever.” This was their eighth face-to-face interaction in just four years. The leaders discussed various collaboration areas, including a new semiconductor fabrication plant, joint NASA and ISRO research on the ...

Market News

In a dramatic meeting, PM Modi urged top tech CEOs to innovate in India, strengthening global partnerships and technological ambitions.

In a dramatic meeting, PM Modi urged top tech CEOs to innovate in India, strengthening global partnerships and technological ambitions.

During his recent three-day visit to the U.S., Prime Minister Narendra Modi engaged with 15 top tech CEOs in New York, emphasizing India’s potential for technology collaboration. He urged these leaders to co-develop innovative solutions in India, highlighting the country’s growing status as a global tech hub. Prominent figures from major companies, such as Google ...

Market News

A devastating explosion caused by Hezbollah’s equipment in Lebanon exposes critical vulnerabilities in global supply chains, igniting national security concerns.

A devastating explosion caused by Hezbollah’s equipment in Lebanon exposes critical vulnerabilities in global supply chains, igniting national security concerns.

A recent explosion of a walkie-talkie in a Lebanese house, linked to Hezbollah militants, has highlighted serious vulnerabilities in the global supply chain. This incident raises concerns about the complexities and risks associated with international manufacturing. Experts suggest that the longer and more complicated the supply chain, the greater the risk for potential sabotage or ...

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