India’s Q4 GDP Growth Likely To Be Lower Than Q3; Analysts Peg It Up To 4.5%

Although the gross domestic product (GDP) for the quarter January-March 2022 will be released on May 31, analysts have a wide range of growth forecasts from 2.7 percent to 4.5 percent for the quarter. SBI expects growth of 2.7 percent for the fourth quarter of 2021-22, the rating agency Icra sees a growth of 3.5 … Read more

Here Weed Go! podcast has new episode

Cannabis writer and podcast host Eddie Celaya is back with the latest episode of his national “pot’cast Here Weed Go! This section focuses on flying commercially with cannabis, and why it may not be such a good idea, even in states with recreational programs for marijuana. TSA spokeswoman Patricia Mancha explains what the airport security … Read more

Singapore's retail sales increase 8.7 pct on year in March

SINGAPORE, May 5 (Xinhua) – Singapore’s Statistics Department (DOS) announced on Thursday that Singapore’s retail sales increased 8.7 percent year-on-year in March, compared with the revised 3.5 percent decline from the previous year. last month. Excluding motor vehicles, retail sales grew by 13.4 per cent in March, compared with the revised decrease of 1.9 per … Read more

Finbots.AI raises US USD 3 million from Accel in Series A round

New Delhi / Bengaluru (Karnataka) [India]May 2 (ANI / PNN): Finbots.AI, an AI-led, innovation-driven initiative aimed at banks and financial institutions, announced today that it has raised $ 3 million in a Series A round from Accel. The investment of Accel comes from its fund VII and this is the first external investment for Finbots.AI. … Read more

Telematics goes Chip-less, powered by Damoov

New Delhi [India] April 23 (ANI / PNN): Telematics has become an integral part of the automotive and fleet industries, especially with the recent boom in transport mobility and gaming economy. It is an important management tool now for industries that require constant monitoring of vehicles and drivers. However, the global chip shortage after covid-19 … Read more

Wind energy PLI can boost renewables target: GE South Asia chief

The multinational conglomerate General Electric Co. has called on the Center to launch a production-linked incentive program (PLI) for wind energy, as it appears to be investing heavily in India’s wind energy space. Offshore wind power companies have ambitions to grow in India and the government can offer a PLI system in line with what … Read more

One policy in works for laying telecom cables

NEW DELHI India is working on a unified policy on the right to lay fiber optic cables, said two people familiar with the matter as the government seeks to accelerate the nationwide deployment of broadband and increase digital connectivity. The Department of Telecommunications (DoT) is examining various options, including a directive from the Union Cabinet … Read more

Vi dials Apollo Global to raise $1bn in debt, equity

MUMBAI : Vodafone Idea Ltd is in advanced talks with US private equity investor Apollo Global to raise as much as $ 1 billion by selling a mix of loans and shares, said two people who are aware of the matter. The discussions are at an advanced stage, with the long-awaited announcement probably later this … Read more

Super apps are fine but can they work here?

How would these two ideas work? This is a good idea about the idea of ​​a “superapp” and whether a superapp has a chance to succeed in India. And what does the term superapp even mean? Is a pure online composition of unrelated companies with a physical DNA a superapp? Interestingly, even the big tech … Read more

Gas price surge fuels fights at FedEx, Uber over who will pay

FedEx Corp., Uber Technologies Inc. and Lyft Inc. introduced new or higher fuel surcharges on customers after Russia’s invasion of Ukraine shocked energy markets. But local contractors who own FedEx Ground trucks and some American car service providers are appealing to companies for even more financial help. “Everywhere you look you’re just spending, spending, spending,” … Read more