India Poised for High-Income Status with $23-$35 Trillion GDP by 2047: Report

India is on track to achieve high-income nation status by 2047, with a projected GDP of $23-$35 trillion, according to a new report by Bain & Company and Nasscom. The report, released on Thursday, attributes this growth to sustained annual growth rates of 8-10 percent, driven by the country’s demographic dividend, technological innovation, and sectoral…

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Tesla to Launch Imported EVs in India by April, Sourcing from Germany Instead of China

After years of anticipation, Tesla is finally set to make its debut in the Indian market. The American electric vehicle (EV) giant, spearheaded by Elon Musk, has faced numerous challenges in entering India, including regulatory hurdles and high import taxes. However, recent reports indicate that Tesla is poised to introduce its EVs in India, with…

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NCLT Approves Reliance Big Resolution Plan; Creditors to Receive ₹3.5 Crore of ₹483 Crore Debt

The National Company Law Tribunal (NCLT) Mumbai Bench has approved the resolution plan for Reliance Big Private Limited, owned by Anil Ambani, which was submitted by ACME Cleantech Solutions Private Limited. The plan outlines that financial creditors will receive a total of ₹3.5 crore against an admitted outstanding of ₹483.71 crore, resulting in a 99%…

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Huma Qureshi-Backed Health Brand Moderate Secures Rs 1 Crore Deal on Shark Tank India

The latest season of Shark Tank India has been a hotbed of innovation, with entrepreneurs from across the country presenting their groundbreaking products to a panel of esteemed investors, known as the “sharks.” The show has captivated audiences with its thrilling pitches, inspiring stories, and high-stakes investment deals. In a recent episode, entrepreneurs Sreeram Reddy…

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Cristiano Ronaldo’s Private Jet Grounded at Manchester Airport Due to Technical Issue

Cristiano Ronaldo’s £61 million private jet has been grounded at Manchester Airport following the discovery of a technical issue. The Bombardier Global Express 6500, which arrived in the city last week, remains stationed after a routine inspection revealed a crack in one of its windows. It is currently unclear whether Ronaldo was on board at…

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Moody’s: India’s Power Sector Requires USD 700 Billion Investment for Net-Zero Pledge

In a recent report, Moody’s Ratings highlighted the urgent need for a substantial investment of USD 700 billion in India’s power sector over the next decade to help the country achieve its 2070 net-zero emissions pledge. The power sector, which is the largest carbon emitter in India, accounts for approximately 37% of the nation’s total…

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