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Tag: World News

Nvidia becomes world’s most valuable company after surpassing Microsoft

Chip Maker Nvidia’s share price rallied over 3.5% on 18th June, 2024, making it the world’s most valuable company, surpassing Microsoft. Within a period of nine months, Nvidia’s market value expanded from $1 trillion to $2 trillion in February, while taking just over a period of three months to hit $3 trillion in the month […]

ITUWTSA 2024: The World Telecommunication Standardization Assembly to be held in New Delhi

ITUWTSA will be held at Pragati Maidan in New Delhi, India, from 15th to 24th October, 2024. The World Telecommunication Standardization Assembly (WTSA) of the International Telecommunication Union (ITU) is the ITU Standardization Sector’s governing conference. Headquartered in Geneva, Switzerland, ITU is a specialized agency of the United Nations for information and communication technologies (ICTs).  […]

Netherlands becomes India’s 3rd Largest Export Destination

In the fiscal year 2023-2024, the northwestern European nation Netherlands became India’s 3rd largest export destination after the USA and UAE, despite the decline in India merchandise shipments by almost 3%. The main commodities which led to healthy export growth in the Netherlands include electrical goods, chemicals, petroleum products and pharmaceuticals. With $14.29 billion worth […]

Zurich Insurance gets RBI’s approval for 70% stake in Kotak General

Zurich Insurance Company has received the approval of the Reserve Bank of India (RBI) for the acquisition of 70 percent stake in Kotak Mahindra General Insurance Company for Rs. 5,560 crore.  Kotak General is Kotak Mahindra Bank’s 100 percent subsidiary. The RBI’s approval was received on 4th June, 2024. The private bank stated that all […]

Peru adopts India’s UPI technology

NPCI International Payments Limited (NIPL) and the Central Reserve Bank of Peru (BCRP) have teamed up to introduce a UPI-like real-time payments mechanism in Peru. This collaboration makes Peru the first country in South America to adopt Unified Payment Technology (UPI), exhibiting India’s leadership when it comes to digital payments. With this partnership, BCRP will […]

Delhi HC seeks details from Tesla Power India in Trademark Case with Tesla Inc.

Gurugram-based Tesla Power India has been asked by the Delhi High Court to present an affidavit detailing the stocks and sales of their EV scooters, which includes providing the dealers’ names, dates of launch and the current stock availability. According to a report by ET, this order, issued by Justice Anish Dayal, is part of […]

Indian Peacekeeper Major Radhika Sen to receive UN award

UN Chief Antonio Guterres will present the UN Military Gender Advocate of the Year award to Indian Army officer Major Radhika Sen on 30th May, 2024. Major Radhika Sen has been praised as a “true leader and role model” by the UN chief.  Major Sen, an Indian woman peacekeeping officer, worked with the UN on […]

Reliance Jio & Bharti Airtel set to compete for African Market Share

India’s two target telecom operators Reliance Jio and Bharti Airtel are set to compete for market share in the African continent. India’s largest telecom operator Reliance Jio will start its services in the African continent almost 8 years after Bharti Airtel.  The West African country of Ghana has partnered with a subsidiary of Reliance Jio, […]

NATO Summit 2025 to be held in the Hague, Netherlands

The Nato Summit 2025 will take place in the Hague, Netherlands, from 24th to 26th June, 2025. NATO Secretary General Jens Stoltenberg said, “I am pleased to announce that the 2025 NATO Summit will be held at the World Forum in The Hague from 24 to 26 June 2025. We are grateful to the Netherlands […]

Global AI Summit 2024 to be hosted by Riyadh

The third Global AI Summit will be hosted by the Saudi Data and Artificial Intelligence Authority in September, 2024. The summit will be held from 10th to 12th September, 2024 at the King Abdulaziz International Conference Center in Riyadh. The summit will bring together international ministers, CEOs of major tech companies, organization heads, and AI […]