New Delhi, July 27 (IANS) India’s operational data centre capacity is likely to rise from 2.2 GW in 2025 to 12 GW by 2030, at a compound annual growth rate (CAGR) of 40 per cent, a report said on Monday.AI-dedicated capacity is expected to expand nearly 24-fold over the same period, rising from 275 MW to 6,546 MW, driven by demand from hyperscale cloud providers, enterprise digitalisation and artificial intelligence, the report from Wood Mackenzie said.”India’s data centre market is entering a…
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New Delhi, July 27 (IANS) Bangladesh’s care economy holds one of the country’s largest untapped economic opportunities, but it cannot be expanded on the backs of children and must be formalised to deliver decent work and rights, a new report has said.The report from Dhaka-based publication The Business Standard said the care economy which is nearly valued at 18.9 per cent of GDP remains largely invisible and unregulated, with many households relying on underage domestic workers to meet risin…
New Delhi, July 25 (IANS) India’s remarkable economic transformation since Independence has laid a strong foundation for achieving its Vision 2047 goal of becoming a developed nation, although sustained investments in health, education, jobs and green energy will be crucial to maintaining the country’s growth momentum, according to a report.The report published by Economics Observatory highlighted that India has undergone a dramatic transformation since gaining Independence in 1947, evolving fro…
Mumbai, July 24 (IANS) Veteran actress and activist Shabana Azmi has contracted swine flu and has been advised complete bed rest by doctors.The actress, who was apparently all set to participate in protests, has been advised complete bed rest by the doctors.According to her team, the 74-year-old actress has contracted swine flu and is running a high fever of 102 degrees.A statement from her team read, “Shabana ji was meant to go to the protest today but she has contracted swine flu with 102 feve…
New Delhi, July 23 (IANS) Improving rail accessibility for micro, small and medium enterprises (MSMEs) could unlock significant rail freight growth by lowering logistics costs and adding a customer segment for rail services, a report said on Thursday.The report from FICCI and KPMG in India said many MSMEs remain dependent on road transport despite rail’s structural cost advantage because of fragmented consignments, limited cargo aggregation, inadequate terminal access, first‑ and last‑mile…
New Delhi, July 17 (IANS) India’s merchandise export growth remained strong in June at 15.5 per cent year‑on‑year ($40.4 billion) but eased on a monthly basis, a report said on Friday.The merchandise export growth was 18 per cent in May as petroleum exports nearly halved, widening the goods trade gap, the report from Crisil Ratings said.On the export front, agricultural shipments performed well in June, mainly on account of a supportive base.Rice exports grew 16.5 per cent on-year, while e…
New Delhi, July 17 (IANS) India’s balance of payments (BoP) is expected to move to a surplus in FY27 after two consecutive years of deficits as net foreign direct investment and other capital inflows strengthen, a report has said.The report from Care Edge Ratings said net FDI is expected to improve to $15 billion in FY27 from $6.9 billion in FY26, supported by stronger gross FDI inflows and some tapering of repatriation.Further, concessional swap windows for FCNR(B) deposits, External Commerci…
New Delhi, July 16 (IANS) National Security Advisor (NSA) Ajit Doval on Thursday stressed the need for BIMSTEC nations to collaborate, take decisive actions for mutual benefit, and find solutions through discussions, amid the conflicts and geopolitical uncertainties. Addressing the fifth BIMSTEC National Security Advisors’ Meeting in New Delhi on Thursday, NSA Doval said, “We are meeting today in the backdrop of a challenging global landscape. We are witnessing conflicts and geopolitical uncerta…
Hyderabad, July 15 (IANS) Telangana Chief Minister A. Revanth Reddy on Wednesday said that his government was carrying forward the best policies of the previous government to attract more investments to the state. The Chief Minister said that the government was carrying forward the policies introduced by previous regimes of Chandrababu Naidu (1994–2004) and Y.S. Rajasekhara Reddy (2004–2014), as well as the BRS government from 2014 to December 2023.He was speaking at the inauguration of the …
New Delhi, July 15 (IANS) Prime Minister Narendra Modi on Wednesday highlighted that ‘Bharat Tex 2026,’ which brings the country’s complete textile value chain under one roof, also reflects India’s Vision 2030 roadmap for the textile sector.The Prime Minister shared on X an article written by Union Minister of State for Textiles Pabitra Margherita, on how ‘Bharat Tex 2026’ reflects the nation’s manufacturing strength, rich textile heritage and expanding global presence. The minister wrote that…