JNS Cloud Solutions and upGrad Enterprise have launched the Africa AI Skilling Initiative, a collaborative effort to empower African talent with crucial AI skills and drive digital transformation across the continent. Photograph: Kind courtesy, Gerd Altmann/Pixabay Key Points JNS Cloud
India’s forex reserves experienced a significant drop of $11.41 billion, primarily due to a decrease in gold reserves, raising concerns about the nation’s financial stability. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves decreased by $11.413 billion, reaching $698.346 billion.
The Indian rupee crashed to a historic low against the US dollar as rising oil prices, geopolitical tensions, and foreign investment outflows create a perfect storm in the currency market. Illustration: Dominic Xavier/Rediff Key Points The Indian rupee fell to
Global LNG prices are expected to remain elevated, with spot rates around $20 per MMBtu and forward prices for the rest of the year in the $18–19 range, according to Kenneth Foo, Global Director-LNG Pricing at S&P Global Energy. While
While markets had already entered 2026 on a weak note, the escalation in the Iran-Israel/US conflict has further tightened the bears’ grip on Dalal Street. Since the beginning of the US-Iran war, the total market capitalisation of BSE-listed companies has
Airpay’s partnership with Maharashtra State Co-operative Bank is set to revolutionise rural Maharashtra’s economy by enabling widespread UPI-based digital payments, fostering financial inclusion and empowering local farmers and merchants. Key Points Airpay partners with MSCB to enable UPI-based digital payments
UPI’s dominance in lending platform transactions signals a major shift in how digital infrastructure is shaping investment and financial activities, according to a new report. Illustration: Dominic Xavier/Rediff Key Points UPI is the dominant payment method for lenders, driving over
Despite global economic headwinds, the OECD forecasts robust GDP growth for India, projecting 7.6% for the current fiscal year and 6.1% in 2026-27, driven by factors like declining US tariffs but tempered by potential energy price shocks and gas rationing.
India has launched an investigation into allegedly subsidised paperboard imports from China and Indonesia to protect its IMAGE: An employee transports a giant reel of paper inside a cardboard box manufacturing company. Photograph: Stephane Mahe/Reuters Key Points India has launched
Azad Engineering Ltd has signed an 8-year long-term contract and price agreement with Mitsubishi Heavy Industries (MHI), Japan, to supply complex hot-section nozzle vane segments for gas turbine engines. The company said it has been selected as a single-source supplier,
