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Shunya Labs launches 55-language translation system at AI Summit
Business

Shunya Labs launches 55-language translation system at AI Summit

New Delhi, Feb 19: At the India AI Impact Summit here, Voice AI platform Shunya Labs, a Nasscom GenAI cohort startup, on Thursday announced launch of Vaķ, an open‑weight voice‑AI and a real-time translation system that supports 55 Indian languages and 2,970 language‑pair translations."Vaķ is...
FedEx to invest Rs 2,500 crore in Navi Mumbai cargo hub
Business

FedEx to invest Rs 2,500 crore in Navi Mumbai cargo hub

Navi Mumbai, Feb 18: Express transportation company FedEx announced on Wednesday that it will invest over Rs 2,500 crore in setting up a fully automated cargo hub at Navi Mumbai International Airport in partnership with the Adani Group."The Rs 2,500 crore long-term investment by FedEx will...
AI Summit: Microsoft plans $50 bn Global South rollout
Business

AI Summit: Microsoft plans $50 bn Global South rollout

New Delhi, Feb 18: US tech giant Microsoft on Wednesday said it is on pace to invest $50 billion by the end of the decade to help bring AI to countries across the Global South.Brad Smith, Vice Chair and President of Microsoft and Natasha Crampton, Vice President and Chief Responsible AI...
Adani Ports ties up with Marseille Fos to boost India-Europe trade
Business

Adani Ports ties up with Marseille Fos to boost India-Europe trade

Ahmedabad, Feb 18: Adani Ports and Special Economic Zone Ltd (APSEZ) and the Port of Marseille Fos, France’s leading port and the Mediterranean’s premier gateway, on Wednesday announced a collaboration to deepen cooperation on trade facilitation, port innovation, and energy transition and...
Agri residues can yield 18,000 MW power in India
Business

Agri residues can yield 18,000 MW power in India

New Delhi, Feb 17: India's shift towards a circular economy in agriculture is aimed at turning "waste to wealth" as the country’s 350 million tonnes of annual agricultural residues have the potential to generate over 18,000 MW of power every year, according to an official statement issued on...
Adani Group commits $100 billion to sovereign AI infrastructure
Business

Adani Group commits $100 billion to sovereign AI infrastructure

Ahmedabad, Feb 17: The Adani Group on Tuesday announced one of the world’s largest integrated energy-compute commitments, a direct investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centres by 2035.The initiative will establish a long-term sovereign energy...
Media & entertainment industry to hit Rs 3,067 bn in 2027
Business

Media & entertainment industry to hit Rs 3,067 bn in 2027

New Delhi, Feb 16: India’s media and entertainment sector is on a steady expansion path, with revenues projected to grow at around 7 per cent annually till 2027, and the sector's total size is estimated to rise from Rs 2,502 billion in 2024 to Rs 3,067 billion in 2027, underscoring its role as...
India’s wholesale inflation at 1.8% in January
Business

India’s wholesale inflation at 1.8% in January

New Delhi, Feb 16: India’s annual rate of inflation based on the Wholesale Price Index (WPI) was estimated at 1.81 per cent for January this year compared to the same month of the previous year, according to figures released by the Commerce and Industry Ministry on Monday.Positive rate of inflation...
India’s manufacturing gains pace with robust GVA growth
Business

India’s manufacturing gains pace with robust GVA growth

New Delhi, Feb 12: India’s manufacturing performance has strengthened further in recent quarters, with GVA (gross value added) growth of 7.72 per cent in Q1 FY26 and 9.13 per cent in Q2, supported by a gradual shift towards higher-value production, improved industrial infrastructure, and wider...
Dollar gains weigh on precious metal prices
Business

Dollar gains weigh on precious metal prices

New Delhi, Feb 12: Gold and silver prices dipped moderately on Thursday, as the US dollar strengthened.MCX gold April futures dipped 0.24 per cent to Rs 1,58,371 per 10 grams on an intra-day basis. Meanwhile MCX silver March futures declined 0.72 per cent to Rs 2,61,124 per kg.The dollar index...
Govt backs Tiruppur exporters; 5 lakh jobs targeted
Business

Govt backs Tiruppur exporters; 5 lakh jobs targeted

New Delhi, Feb 12: Commerce and Industry Minister Piyush Goyal encouraged the Tiruppur textile cluster to create five lakh additional jobs and double its export performance over the next three years, assuring that the government will extend full support to exporters, it was announced on...
India’s US trade surplus may hit $90 bn, says SBI
Business

India’s US trade surplus may hit $90 bn, says SBI

New Delhi, Feb 12: India’s trade surplus with the US may cross $90 billion annually after the trade deal, with at least a $45 billion annual additional trade surplus with the US, which is 1.1 per cent of the GDP, and savings of $3 billion in forex reserve, an SBI Research report said on...
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