Ahmedabad, Dec 26 (IANS) Gujarat is steadily emerging as one of India’s strongest hubs for innovation and startup culture, driven by proactive government policies and a focus on youth-led entrepreneurship. Under the Student Startup and Innovation Policy (SSIP) of the Gujarat government, the establishment of i-Hub Gujarat has played a pivotal role in transforming innovative ideas into viable businesses.Implemented to give practical shape to SSIP at the grassroots level, i-Hub Gujarat was set up i…
Latest FinTech News & Updates
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…
New Delhi, Dec 23 (IANS) India and New Zealand have concluded negotiations on the Financial Services Annex of the Free Trade Agreement (FTA), marking a significant milestone in strengthening bilateral economic and strategic cooperation, according to a Finance Ministry statement issued on Tuesday.The India-New Zealand Financial Services Annex marks a notable advancement over standard GATS (General Agreement on Trade in Services) commitments, involving a total of 18 articles, the statement explain…
New Delhi, Dec 22 (IANS) New Zealand and India have concluded a Free Trade Agreement (FTA), offering New Zealanders unprecedented access to 1.4 billion Indian consumers, Trade and Investment Minister Todd McClay announced on Monday.This historic FTA eliminates and reduces tariffs on 95 per cent of New Zealand’s exports — among the highest of any Indian FTA — with almost 57 per cent being duty-free from day one, increasing to 82 per cent when fully implemented, with the re…