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MUMBAI: Adani Group will invest $100 billion to build renewable energy-powered AI-ready data centres by 2035 as the ports-to-power conglomerate seeks to cash in on India’s attempt to pitch itself as the hub of AI infrastructure. The investment is expected to “catalyse” an additional $150 billion investment across server manufacturing, advanced electrical infrastructure and related…
Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday directed their officials to accelerate negotiations on a “mutually beneficial” agreement for the promotion and protection of investments, with the matter taking centre stage during their summit meeting in New Delhi.A joint statement said the leaders also underscored both the current and future scope…
Mumbai: Gold reserves crossed the $100 billion mark for the first time in the week ended Oct 10, driven by a sharp rise in global prices even as the pace of purchases slowed this year. The value of gold holdings rose by $3.6 billion to $102.4 billion, while overall foreign exchange reserves fell by $2.2…
