Tag: Economy
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
₹11.1 Lakh Crore Infra Push in Focus
India's economic growth for the financial year 2025-26 and beyond is expected to be propelled by the Centre’s significant capital expenditure on infrastructure projects,...
IMF Forecasts Economic Hurdles for India in 2025
The International Monetary Fund (IMF) has projected a slightly weaker performance for the Indian economy in 2025, even as global growth remains stable. IMF...
India’s Economy Forecasted to Grow at 6.5% in FY25 Amid Global Uncertainties
India’s economy is projected to reach approximately 6.5% in fiscal year 2024/25, aligning with the lower end of its earlier 6.5%-7% forecast, as global...
