Industry - ET Edge Insights

Ministry of power rolls out new initiatives to meet increasing power needs

The average increase in the nation's energy needs from 2022–2023 to 2023–2024 is predicted to be 4.9%. The predicted increase in the State of Rajasthan's energy needs between 2023 and 2024 compared to the actual increase between 2022 and 2023 is 5%. High demand has been predicted for the months of April and May 2023. …

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PM Modi stresses on 5-fold strategy as COVID-19 cases in India surge

Healthcare

So as to assess the COVID-19-related situation, Prime Minister Narendra Modi convened an emergency meeting on Wednesday to gauge public health preparedness. The high-level meeting was held to address the recent rise in COVID-19 cases in India along with influenza infections. The Prime Minister’s Office (PMO) stressed to focus on the 5-fold strategy of COVID-19 …

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US Federal Reserve hikes interest rates by 0.25 basis points

BFSI

The Federal Reserve reportedly hiked interest rates on Wednesday by 0.25 basis points to keep inflation in check but specified that further increases in the same would be paused to avoid further turmoil which has gripped international markets on account of the collapse of a couple of American banks. The recent development has placed the …

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UBS to acquire Credit Suisse; 5 biggest bank acquisitions and mergers in recent history

BFSI

UBS to acquire Credit Suisse; 5 biggest bank acquisitions and mergers in recent history

India is crucial to us from a market, supply chain, and talent standpoint: Julian Nebreda

Energy

The president and chief executive officer of Fluence Energy describes his company’s expansion plans in India, including the transformation of their current technology centre into a centre of excellence to tap talent pool

Over $200 billion dollars transferred to GIFT City Banks: Rajeev Chandrasekhar

BFSI

Over $200 billion dollars transferred to GIFT City Banks: Rajeev Chandrasekhar

Credit Suisse might just be the beginning: Experts

BFSI

Credit Suisse might just be the beginning: Experts

How Kotak Mahindra Bank is unlocking its technology workforce

BFSI

Milind Nagnur explains the software-focused engineering side of the Bank that we have not heard about.

Swiss National Bank to provide $54 billion liquidity to Credit Suisse

BFSI

Swiss National Bank to provide $54 billion liquidity to Credit Suisse

How technology is driving innovation in India’s life insurance sector

BFSI

From policy purchases to claims, technology is transforming the way consumers engage with their life insurance providers. Instead of one-size-fits-all vanilla products hard-pushed by on-ground sales teams, consumers now demand policies and services that cater to their specific lifestyles and needs. At the same time, insurers need to continuously work on operational efficiency enhancement, strengthening …

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