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Data centre boom: India’s capacity to hit 8GW by 2030; $30 billion investment seen driving AI, cloud growth

Representative image (Picture credit: ANI) India’s data centre industry is on track for a major expansion, with total capacity projected to jump five times to 8GW by 2030, according to a sectoral report by Jefferies. The growth is expected to be driven by the surge in data consumption, rapid cloud adoption, regulatory data localisation rules,…

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COP30: India calls equitable, concessional finance the cornerstone; urges developed nations to deliver on climate commitments

India has reiterated that equitable, predictable, and concessional climate finance remains central to achieving global climate goals, underscoring the principle of fairness and shared responsibility at the Leaders’ Summit of COP30 in Belem, Brazil.Delivering India’s National Statement, Ambassador Dinesh Bhatia said the country’s climate action continues to be guided by equity, national circumstances, and the…

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Donald Trump tariffs hit Indian restaurants in New York – here’s what’s causing misery

Indian restaurants in New York City, which have recently outshone their London counterparts and become favourites among Wall Street executives, are now facing mounting pressure from higher import costs after US President Donald Trump’s tariff moves.On July 31, Trump doubled tariffs on most Indian exports to 50%, a measure that took effect on August 27….

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India–New Zealand FTA talks: Fourth negotiation round concludes on positive note; both sides target early, balanced pact

File photo: Union minister Piyush Goyal with New Zealand’s minister for trade Todd McClay (Picture credit: X/@PiyushGoyal) The fourth round of negotiations on the proposed India–New Zealand Free Trade Agreement (FTA) concluded successfully in Auckland and Rotorua after five days of discussions, according to a press release from the ministry of commerce and industry. Both…

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SBI eyes global top-10 spot by 2030: Bank targets elite list after hitting Rs 100-lakh-crore mark; aims to boost capital strength

File photo: State Bank of India Chairman CS Setty (Picture credit: ANI) State Bank of India (SBI) is targeting a place among the world’s top 10 most valued banks by 2030, a day after crossing the Rs 100 lakh crore business mark. Chairman CS Setty said the country’s largest lender by market capitalisation now aims…

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CNAP trials begin: Telcos test caller ID feature to curb scams; pan-India rollout likely by April

Mobile users will soon start seeing the names of unknown callers displayed on their phone screens, as telecom operators have begun testing the Calling Name Presentation (CNAP) service in Haryana and Himachal Pradesh. The feature aims to help users identify callers more easily and curb the rising number of spam and scam calls across the…

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US shutdown hits travelers: Over 1,000 flights canceled; Trump administration warns it could force 20% plane cuts

More than 1,000 flights were cancelled across the United States on Friday after the Trump administration ordered reductions to ease strain on air traffic controllers working without pay amid a federal govt shutdown. Forty airports were slated for cuts, including major hubs in Atlanta, Newark, Denver, Chicago, Houston and Los Angeles.The flight reductions took effect…

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Nasdaq slides: Index posts steepest weekly drop since April; AI rally doubts weigh on tech stocks

Representative image (Picture credit: AP) The Nasdaq Composite ended slightly lower on Friday but posted its sharpest weekly loss since early April, as investors questioned how long the artificial intelligence boom could sustain recent market highs. The index slipped 0.21% to 23,004.54, bringing its total weekly fall to around 3%, while chipmakers and technology shares…

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‘Illicit collusion, price fixing’: Donald Trump orders probe over soaring US beef costs; DOJ launches antitrust investigation

File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has directed the justice department to investigate major meatpacking companies for alleged collusion and price manipulation amid record-high beef prices. In a post on Truth Social, Trump accused meat firms of “driving up the price of beef through illicit collusion, price fixing,…

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Four new Vande Bharat Express! PM Modi to flag off Bengaluru-Ernakulam, Varanasi-Khajuraho, Lucknow-Saharanpur & Firozpur Cantt-Delhi trains; check time-table

Indian Railways launches four new Vande Bharat Express trains Four new Vande Bharat Express trains! Prime Minister Narendra Modi will on Saturday flag off four new Vande Bharat Express trains on important Indian Railways’ routes. Vande Bharat Express trains have become the face of new age railway travel in India, with an aim to offer…

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