Davos, Jan 21 (IANS) IBM Chairman and CEO Arvind Krishna has urged Indian entrepreneurs to build local capabilities across semiconductors, model development and real‑world applications to build stronger “AI sovereignty” in India.Speaking at the World Economic Forum (WEF) annual meeting in Davos, Krishna said smaller, specialised AI models are rapidly closing the gap with large foundational models and now account for nearly 95 per cent of consumption.“The underlying ecosystem whether it’s…
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New Delhi, Jan 10 (IANS) India’s Real Estate Investment Trust (REIT) market is poised for significant growth due to under penetration as REITs currently cover only 19 per cent of the country’s listed real estate value, a report said on Saturday.The report from real estate services firm Vestian said market capitalisation is projected to almost double from $18 billion in 2025 to $25 billion by 2030, while REIT‑able office assets to double from Rs 8.2 trillion in 2025 to Rs 16 trillion.The gl…
New Delhi, Jan 5 (IANS) India is on course to achieve its ambitious target of 500 gigawatts (GW) of non-fossil fuel power capacity by 2030, with a strong pipeline of renewable energy projects already in place, a top government official has said.India currently has around 260 GW of non-fossil fuel capacity, Santosh Sarangi, Secretary at the Ministry of New and Renewable Energy (MNRE) said while speaking to NDTV Profit.This means the country needs to add about 240 GW more over the next few years, …
New Delhi, Jan 3 (IANS) India’s digital journey reached a major turning point in 2025 as some of the world’s biggest technology companies announced massive investments in the country’s artificial intelligence and data centre ecosystem.Firms such as Microsoft, Amazon, Google and Meta are together committing at least $67.5 billion — highlighting India’s growing importance in the global digital economy.These investments signal that India is no longer seen only as a large market for users. …
Amaravati, Jan 2 (IANS) Andhra Pradesh has firmly established itself as India’s leading investment destination, capturing a remarkable 25.3 per cent of all proposed investments in the first nine months of the financial year 2025-26, according to a report by Bank of Baroda. The state now stands well ahead of peers such as Odisha (13.1 per cent) and Maharashtra (12.8 per cent), signalling a decisive shift in India’s industrial and investment momentum toward the eastern and southern corridors.T…
Washington, Jan 2 (IANS) Global family offices are increasingly turning their attention to India as a long-term investment destination, driven by diaspora-led entrepreneurship, technology innovation, and the country’s expanding role in the global economy, the organizer of the world’s largest and most exclusive gathering of family wealth has said.India is emerging as a key focus area for wealthy investors looking beyond traditional markets, particularly as Indian-origin entrepreneurs who built …
New Delhi, Dec 30 (IANS) Private equity capital deployed into Indian real estate reached $6.7 billion in 2025, a 59 per cent year‑on‑year rise over 2024, a report said on Tuesday.Savills India in the report forecasted private equity investment of $6.5 billion–$7.5 billion in 2026, with continued institutional interest in offices, industrial and logistics, and sustained demand for data centres and premium residential.Industrial and logistics assets are anticipated to remain a key focus area…
Washington, Dec 27 (IANS) American technology giants are pouring tens of billions of dollars into India as the country emerges as a key global hub for data centres and Artificial Intelligence (AI) infrastructure, a New York Times report detailed on Saturday.The daily said that investments – led by Microsoft, Amazon, Google, and Meta – are reshaping India’s digital landscape and underscoring the scale of global demand for data storage and computing power.Microsoft has committed $17.5 billion to…
New Delhi, Dec 27 (IANS) Silver has delivered exceptional returns of 158 per cent year‑to‑date (YTD) in 2025, with domestic spot rates rising nearly Rs 1,45,000 per kg or around 170 per cent this year.Strong industrial demand, tight supply, robust ETF inflows and US Federal Reserve rate cuts and hopes of additional cuts could even take silver to $100 per ounce, analysts said.Industry experts said that key demand drivers for silver include industrial use in electric vehicles, solar, semicondu…