Momentum in India's favour, need to prevail over COVID: Deloitte CEO on economic development
The Hindu
“India will lead others in terms of growth of large economies.”
India needs to continue creating an environment of being an attractive destination for foreign investment and also ensure its fight against Covid is successful, Deloitte CEO Punit Renjen said while stressing the momentum is in the country's favour.
He said India will be the fastest-growing large economy in the world in 2022, registering a growth of somewhere between eight and nine per cent. "This is going to be India's century," Mr. Renjen told PTI in an interview.
Stressing on the urgency of prevailing over the coronavirus, he said the pandemic is an "overhang in terms of economic development".
India may be able to develop its own high-end computing chipset, known as GPUs, in the next 3-5 years, Union Minister Ashwini Vaishnaw said.
DeepSeek has computer code that could send some user login information to a Chinese state-owned telecommunications company, say researchers.
Workday is cutting about 1,750 jobs, or 8.5% of its workforce as it focuses on AI.
Reliance Industries, ITC, and other major companies announce significant investments in West Bengal at BGBS 2025.
The Union Budget seems to have got many things right
LIC receives ₹105.42 crore GST demand notice for seven years, no material impact on operations.
Stock markets close lower as investors turn cautious ahead of RBI's monetary policy decision amid trade war concerns.
India has accused South Korea’s Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs, according to a document and two sources.
Rupee hits all-time low against dollar amid global trade war concerns, RBI rate cut expectations, and weak services sector.
Zomato CEO Deepinder Goyal clarifies controversial hiring process, with 30 candidates selected from 18,000 applications.
Bombay High Court to hear Skoda Auto Volkswagen India's plea challenging $1.4 billion tax demand on February 17.
Gold demand in India rose 5% in 2024 to 802.8 tonnes, with 2025 consumption expected between 700-800 tonnes.
India's services sector growth slows in January, but remains above 50; new export business rebounds, job creation accelerates.