 "In a pivotal interview, Hans Dekkers of IBM APAC highlights India’s vast AI potential and the transformative future ahead.")
Hans Dekkers, the new general manager of IBM Asia-Pacific (APAC), took charge in August 2024, emphasizing India’s vast potential as the company’s largest Market in the region. In a recent interview during IBM’s flagship event, IBM Think, held in Mumbai, Dekkers shared his insights on key opportunities and strategic focus areas for the company. He ...
 "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 ...
 "Inox Wind secures Rs 2,200 crore financing from an ICICI Bank-led consortium, marking a pivotal milestone in its financial independence.")
Inox Wind has successfully secured a financial agreement with a consortium of banks led by ICICI Bank, covering a credit facility of Rs 2,200 crore. This agreement may increase to Rs 2,400 crore based on an assessment of working capital by ICICI Bank. The financing, primarily non-fund based through bank guarantees and letters of credit, ...
 "Atishi, Delhi’s new CM, prepares to launch a pivotal cash transfer scheme for women ahead of upcoming assembly elections.")
Delhi’s newly appointed Chief Minister, Atishi, is set to launch a monthly direct benefit transfer program for women as a key initiative ahead of the upcoming Assembly elections. This program, first announced by Atishi while she served as the finance minister during the presentation of the 2024-25 state budget, is expected to roll out in ...
 "HFCL partners with General Atomics to develop drone detection systems, marking a pivotal advancement in defense technology.")
HFCL, an Indian telecom company, has been chosen by General Atomics Aeronautical Systems to develop key sub-systems for their advanced unmanned aircraft systems. This collaboration marks a significant achievement for HFCL, showcasing its expertise in cutting-edge technology. Among the projects, HFCL is working on a drone detection radar, essential for modern surveillance operations. The company’s ...
 "Ukrainian drones devastate Russian arms depots as Zelenskyy prepares a pivotal victory plan for U.S. support amidst escalating conflict.")
Ukrainian President Volodymyr Zelenskyy is pushing for increased support from the United States ahead of his upcoming visit to Washington, where he plans to present a comprehensive “victory plan” to President Biden. This comes after a significant Ukrainian drone attack targeted Russian arms depots, destroying thousands of tons of weaponry, including North Korean missiles. Zelenskyy ...
 "OYO’s bold acquisition of G6 Hospitality for 5 million marks a pivotal expansion in its U.S. presence, enhancing Motel 6’s legacy.")
OYO, the global travel technology firm, is expanding its presence in the U.S. by acquiring G6 Hospitality, which includes Motel 6 and Studio 6, for $525 million in cash. Since entering the U.S. Market in 2019, OYO has grown to operate over 320 hotels and plans to add another 250 in the coming year. This ...
 "PM Modi embarks on a pivotal US visit, aiming to strengthen Quad ties and address global challenges at the UN.")
Prime Minister Narendra Modi is visiting the United States for three days to attend the Quad Leaders’ Summit and the UN’s “Summit of the Future.” He emphasizes that the Quad, comprised of India, the US, Australia, and Japan, plays a crucial role in promoting peace and prosperity in the Indo-Pacific region. Modi looks forward to ...
 "A pivotal report on ‘One Nation, One Election’ sparks debate as India contemplates synchronized polls amid constitutional challenges.")
The Union Cabinet has recently approved the ‘One Nation, One Election’ proposal, allowing simultaneous elections for the Lok Sabha and state Assemblies. This significant initiative, reported on September 18, aims to streamline the electoral process in India. A report by a committee led by former President Ram Nath Kovind highlighted the need for adjusting current ...
 "Gold prices fluctuate as markets brace for a pivotal US Fed rate decision, amid swirling economic signals and geopolitical tensions.")
Gold prices are currently facing a slight decline, with spot gold trading down by about 0.45 percent, reaching $2,570. The October MCX gold contract closed at Rs 73,150, reflecting a 0.49 percent drop. The price dip comes after encouraging economic data from the US, including better-than-expected retail sales and industrial production figures for August. Investors ...
