Header-template

 Global News

Subscribe our Newsletter

Subscribe to our mailing list to get the latest updates straight in your inbox.

BUSINESS NEWS

India to Launch RBIBacked Digital Rupee to Modernize Financial Ecosystem

According to Commerce Minister Piyush Goyal, India will launch a digital currency supported by the RBI. The goal of the activity is to lower transacti

According to Commerce Minister Piyush Goyal, India will launch a digital currency supported by the RBI. The goal of the activity is to lower transaction costs, improve transparency, and modernise the financial ecosystem. The digital rupee will be safe, effective, and in line with international trends for central bank digital currencies CBDCs, Goyal said. The program backs Indias larger efforts to promote digital innovation and financial inclusion. In order to maintain stability and confidence, the Reserve Bank of India will supervise issuance and regulation. This move shows Indias goal to be a leader in the adoption of fintech and enhances its expanding digital payments infrastructure. Stakeholders anticipate that the digital currency will provide a strong substitute for private cryptocurrencies, enhance the execution of monetary policy, and expedite international trade. Read More..

B2B Tech News | 9 days ago        

Crypto Rally Bitcoin Hits $68K Amid Lower Rate Expectations and Institutional Demand

Reuters reports that Bitcoin is trading close to its alltime high, supported by increased institutional interest and investor optimism. The cryptocurr

Reuters reports that Bitcoin is trading close to its alltime high, supported by increased institutional interest and investor optimism. The cryptocurrency just hit $68,000, which is close to its peak of $69,000 in 2021. Forecasts of lower interest rates, more ETF activity, and a wider uptake of digital assets are the reasons given by analysts for the spike. Following increased demand from retail and hedge fund investors as well as regulatory certainty in important locations, market sentiment has also improved. The rise in Ethereum and other altcoins is indicative of a bullish trend in the cryptocurrency space. Bitcoins tenacity suggests a renewed trust in decentralised finance despite volatility risks. Experts advise investors to exercise cautious because the performance of digital assets may still be impacted by macroeconomic changes and regulatory advancements. Read More..

B2B Tech News | 9 days ago        

Trump Claims Role in Averting India–Pakistan Conflict After Pulwama Attack

Following the Pulwama assault in 2019, former US President Donald Trump asserted that he prevented a massive conflict between India and Pakistan durin

Following the Pulwama assault in 2019, former US President Donald Trump asserted that he prevented a massive conflict between India and Pakistan during his administration. Trump said in an interview that his actions merited praise, possibly even a Nobel Peace Prize, and claimed that he placed tariffs on India in order to exert pressure on its leadership. Additionally, he blasted the awarding process, saying that despite mediating peace agreements such as the Abraham Accords, he was ignored. Trumps comments coincide with fresh conversations about trade diplomacy and geopolitical issues. Even if his statements have not been confirmed, they demonstrate his ongoing emphasis on South Asias strategic influence and foreign policy accomplishments, especially during times of increased military and diplomatic tension between India and Pakistan. Read More..

B2B Tech News | 9 days ago        

India’s LTIMindtree Lands LargestEver Contract in BFSI Digital Transformation

Reuters sources claim that Indias LTIMindtree has closed its biggestever deal, at roughly $580 million. The multiyear contract, which covers cloud, IT

Reuters sources claim that Indias LTIMindtree has closed its biggestever deal, at roughly $580 million. The multiyear contract, which covers cloud, IT, and digital transformation, comes from a top international financial organisation. This significant achievement highlights LTIMindtrees expanding impact in the global tech services industry as a result of its combination with L&T Infotech and Mindtree. It is anticipated that the transaction will fortify the companys position in the BFSI Banking, Financial Services, and Insurance sectors and greatly increase its revenue pipeline. LTIMindtree wants to modernise client operations by providing scalable, AIdriven solutions. The victory, according to industry analysts, is evidence of Indias growing significance in international IT outsourcing, particularly in light of the growing need for costeffective innovation and digital agility. Read More..

B2B Tech News | 9 days ago        

AGOA Expires After 25 Years, Sparking Urgent Calls for U.S.–Africa Trade Renewal

The African Growth and Opportunity Act AGOA, a significant economic effort between the United States and Africa, has come to an official conclusion af

The African Growth and Opportunity Act AGOA, a significant economic effort between the United States and Africa, has come to an official conclusion after 25 years. AGOA increased textile, agricultural, and manufacturing exports by giving qualified African nations dutyfree access to U.S. markets. Concerns about job losses and economic upheaval around the continent are raised by its expiration. In order to maintain the pace of commerce and promote development, African leaders are pleading with Washington to either renew or replace the program. The African Continental Free Trade Area AfCFTA calls for Africa to expand intracontinental trade and diversify trade alliances in response to AGOAs expiration. Stakeholders stress the need for inclusive, longterm frameworks that maintain growth and strengthen economic links between the United States and Africa as the country reassesses its trade approach. Read More..

B2B Tech News | 10 days ago        

India and Qatar Begin FTA Talks to Expand Trade Beyond Energy

During his first visit to Doha this week, Commerce Minister Piyush Goyal is likely to discuss a proposed Free Trade Agreement FTA between Qatar and In

During his first visit to Doha this week, Commerce Minister Piyush Goyal is likely to discuss a proposed Free Trade Agreement FTA between Qatar and India. With an emphasis on investment, commerce, and services, the discussions seek to strengthen bilateral economic connections. India relies heavily on Qatar for its energy needs, and both countries want to expand their collaboration beyond hydrocarbons. The FTA has the potential to improve market accessibility, simplify regulations, and foster collaboration in industries such as logistics, fintech, and infrastructure. During his visit, Goyal will also meet with government and business executives in Qatar to discuss potential strategic partnerships. The program is in line with Indias overarching trade strategy, which aims to increase its presence in West Asia and fortify its economy through a variety of international alliances. Read More..

B2B Tech News | 10 days ago        

India to Deepen Latin America Ties with Chile–Peru Trade Talks This Fall

In an effort to strengthen its economic links with Latin America, India will negotiate a trade agreement with Chile and Peru in October and November.

In an effort to strengthen its economic links with Latin America, India will negotiate a trade agreement with Chile and Peru in October and November. The main goal of the negotiations is to extend the scope of current preferential trade agreements PTAs to include digital commerce and investment as well as other goods and services. Indias commerce ministry officials emphasised the strategic value of expanding trade alliances outside of conventional markets. In the areas of energy, agriculture, and minerals that are essential to Indias development, Chile and Peru are major participants. Increasing the strength of these agreements could improve geopolitical outreach, secure raw commodities, and increase exports. The action is consistent with Indias overarching trade strategy, which aims to develop robust supply chains and access developing markets along the South American and IndoPacific corridors. In an effort to strengthen its economic links with Latin America, India will negotiate a t Read More..

B2B Tech News | 10 days ago        

Firefly Aerospace Acquires Scitec for $855M to Boost Space and Defense Capabilities

In order to increase its space and national security capabilities, Firefly Aerospace is spending $855 million to acquire the defence technology compan

In order to increase its space and national security capabilities, Firefly Aerospace is spending $855 million to acquire the defence technology company Scitec. The acquisition will strengthen Fireflys defensegrade technology, orbital services, and satellite launch offerings. Fireflys goals in the public and private sectors are strategically aligned with Scitecs expertise in secure communications and surveillance technologies. According to CEO Bill Weber, the combination will improve mission readiness and innovation by establishing a vertically integrated space and defence platform. The agreement shows the growing need for resilient, multidomain capabilities and the confluence of defence contractors and aerospace startups. Firefly wants to participate in the changing spacetech market and support US national security efforts by utilising Scitecs resources. Read More..

B2B Tech News | 10 days ago        



Get The News to use newsletter to
stay on top of shifting Technology News Updates!!

...

Get Latest News To Your Inbox, Subscribe To Our Newsletter.


By signing up, you agree to our Privacy Notice and European users agree to the data transfer policy.



Take a break, Play Suduko!



Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
   13698   

2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
   11099   

3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
   11423   

4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
   11260   

5.  Approximately 8 billion gadgets connect on the internet every day.
   14394   



Sharpen your mind and memory!

Play Mind Game



Your Opinion Matters, Vote Now!!

Where do you go to learn more about whats happening in your industry? Check all that apply.