Patna, Dec 31 (IANS) RJD Rajya Sabha MP Manoj Kumar Jha has written a letter to Prime Minister Narendra Modi, urging his intervention to protect the rights of gig and platform delivery workers and address what he termed their growing exploitation. In his letter, the RJD leader said he was writing on behalf of millions of gig and platform delivery workers across India, who are facing a deepening crisis due to deteriorating working conditions and systematic violations of basic labour rights.Referr…
Latest digital economy News & Updates
New Delhi, Dec 29 (IANS) Even while maintaining a stable yet modest growth rate averaging about 6 per cent per annum, India would become a US$26 trillion economy by 2047-48, with a per capita income exceeding $15,000, which is nearly six times the current value, according to an Ernst and Young (EY) report. The report highlights that there are a few key enablers of growth that uniquely strengthen India’s position in the global economy over the next decade and beyond, as it is most likely to ove…
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 23 (IANS) The data centre installed capacity in India is projected to grow from about 1.5 gigawatts currently to nearly 14 gigawatts by 2035, at an annual growth rate between 20-24 per cent, a report showed on Tuesday.The growth in data centre industry mirrors the growth trajectory of the digital economy which already contributes $402 billion or 11.74 per cent of the GDP (FY 2022-23) and is expected to account for around 20 per cent of national income, surpassing agriculture and m…
Washington, Dec 23 (IANS) American companies operating in Bangladesh continue to take a long-term view of the country’s economic prospects, even as it approaches national elections, Atul Keshap said in his capacity as President of the US-Bangladesh Business Council. “Bangladesh is going into an election in the next couple of months, and we wish them well with that,” Keshap said, stressing that the process was “a matter for the people of Bangladesh to decide.”Speaking on behalf of Ameri…