News

Mahindra Group chairman Anand Mahindra praised Canada's incoming Prime Minister Mark Carney, highlighting his intelligence, humor, and straightforward nature. Carney, a former governor of the Bank of Canada and Bank of England, is taking office as Canada's Prime Minister amid challenging trade relations with the US.

Bangalore's startup scene is experiencing a notable shift toward artificial intelligence, with CRED founder Kunal Shah urging entrepreneurs to swiftly adopt AI for enhanced productivity. Despite significant growth and investment in AI, approximately 80% of startups remain hesitant, risking obsolescence according to Shah.

Prime Minister Narendra Modi filed his nomination papers from the Varanasi parliamentary seat, disclosing his mobile phone number and email address in the election affidavit. He also revealed his assets, income, and participation in religious ceremonies before addressing party members and highlighting achievements during his tenure.

To meet the annual capital expenditure goal of Rs 10.18 lakh crore for FY2025, the Indian government must spend approximately Rs 1.3 lakh crore each month in February and March, which analysts see as a potential challenge. Despite confident predictions about achieving the fiscal deficit target of 4.8% of GDP, experts warn that fulfilling the capex target might be difficult.

India's retail inflation is projected to have eased to around 4% or lower in February 2025, mainly attributed to falling prices of key kitchen staples like tomatoes and potatoes. This marks the first time in half a year that the inflation rate returns within the Reserve Bank of India's target range.