New Delhi: In a major endorsement of India’s macroeconomic resilience, global ratings agency Goldman Sachs has upgraded India’s Gross Domestic Product (GDP) projections. From its previous estimate of 6.5%, the agency has reviewed India’s forecast to 6.8% following the encouraging progress of the US-Iran peace talks. Despite the challenges with the US-Iran war, India’s economy has been highly resilient, the agency said in its report titled ‘India: Improved macro outlook after the US-Iran deal’ Despite elevated crude oil and commodity prices over the last two months, India’s fiscal health has remained fairly strong, as the government has delayed passing the…
Author: Abizar Attari
Abizar Attari
Abizar has been writing before AI started to take over your lives! His expertise lies in analysing diverse perspectives and simplifying them for laymen. Beyond writing, storytelling and editing, he enjoys running, learning and enjoying the outdoors.
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For most people, Maithri Aquatech is a name that doesn’t ring a bell, at least for now. This Hyderabad-based startup has been rather low key, even though it has caught the attention of the government and leading investors. That’s because the company has developed a technology that could become a game-changer for the country, as it solves an increasingly worsening challenge that affects the core of humanity- water. The game-changing solution The company has developed MEGHDOOT (Sanskrit for ‘Messenger of the Skies’) a technology that can help convert atmospheric moisture into high-quality, potable water on a commercial scale. This development…
Pune: Indian digital engineering provider Persistant Systems has announced its plans to acquire German peer Nagarro SE, as the company looks to enhance its scale and AI capabilities. Persistent is offering €81 per share to Nagarro’s shareholders, valuing the entire company at about €1.16 billion. Persistent already has a 21% stake in the company, and is aiming to gain control of the company, with the management board having accepted the offer. The combined entity will help create a scaled, globally diversified digital engineering powerhouse, with a revenue potential of USD 2.9 billion. It aims to combine Persistent’s AI-led engineering leadership…
Bengaluru: In a significant transition from its core mobile-first value-added service (VAS) games, OnMobile has launched its ONMO+ Smart Console on Flipkart as it looks to tap into the growing market for gaming amongst value-conscious customers. The ONMO+ smart gaming console aims to bring premium gaming to people’s screens, including smartphones, TVs, laptops and tablets, offering cross-platform compatibility without needing a gaming PC or traditional consoles. OnMobile smart console will offer hundreds of high-quality, ready-to-play premium games with a pro controller. It offers compatible AAA games built with GPU servers, as the company looks to expand further into the gaming…
New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT) has officially notified the Transition Facilitation (Quality Control) Order, 2026 to optimize the compliance requirements for manufacturers. This is aimed at safeguarding domestic factory output from unnecessary delays due to compliance issues. The order is based on the recommendations by the government panel headed by NITI Aayog member Rajiv Gauba, which had raised concerns about the existing quality control regime and the disrupted supply chains due to increased compliance costs. The order covers 10 industry segments, including certain electronics, toys, personal protection equipment (PPE), footwear and furniture, among…
Mumbai: In a major step towards boosting supply chain efficiencies and streamlining processes, the Union Ministry of Health and Family Welfare has proposed to amend Rule 31 of the Drug Rules, 1945. According to a press release, this draft amendment aims to ease stringent shelf-life requirements for imported medicines, thereby improving supply chain efficiency and boosting the ease of doing business. For years, global pharmaceutical companies have been facing the 60% residual shelf life rule, where no drug could cross Indian customs until it retained more than 60% of its original, factory-certified shelf life. This was a major barrier to…
Bitcoin has further tumbled below another psychological barrier of $60,000 as a result of liquidations in the derivative markets. This has come after Bitcoin fell to an intraday low of $58,188, its lowest level since October 2024, before recovering to about $61,800. This breakdown triggered almost $1.48 billion in crypto liquidations within 24 hours, with long trades absorbing $1.21 billion of these losses. This is the second time Bitcoin has fallen below $60,000. Earlier, a brief fall on June 23 resulted in $850 million of liquidations across the markets. According to data from Deribit, about $9.33 billion in Bitcoin options-representing…
Chennai: In a major development signaling thawing ties with China, the government of India is all set to approve a $370 million investment for a hybrid engine plant in Chennai. The investment proposal has come from Horse Powertrain Limited, a Joint Venture between France-based Renault and Chinese auto major Geely, as Renault aims to boost its production at its existing manufacturing plant in Chennai. Horse Powertrain was officially formed in mid 2024 as an equal partnership between Renault and Geely, with Saudi Aramco entering the fray later. The London-headquartered company is an autonomous supplier of highly efficient internal combustion engines…
Boise, US: Memory chip maker Micron Technology has seen its shares rise 16% as the company released its third quarter results for 2026. With this, the company solidifies its $1.1 trillion market cap. With an insatiable demand for its memory chips from data centers and technology firms, the company has joined the likes of Samsung, Nvidia and TSMC to join the trillion-dollar club. For the third quarter, Micron reported $41.46 billion in revenue, an explosive 345.7% surge compared to the $9.3 billion recorded in the same period last year. This also beat Wall Street’s forecast by a staggering $5.77 billion.…
With rapidly emerging technological shifts changing the nature of manufacturing, IPO bound Atharva Polyplast Limited is aiming to reinvent itself into a tech-driven, end-to-end plastic component provider to global OEMs and Tier 1 suppliers. Under the leadership of Managing Director Anujeet Darade, Atharva Polyplast is integrating advanced tools like AI and 3D prototyping into its operations to accelerate design cycles, achieve consistent precision, and build high-margin, engineered product segments. In this exclusive interview with Hello Entrepreneurs, Mr Anujeet explains how the company is aiming to mitigate polymer price volatility and emerging challenges while boosting growth under the ‘Make In India’…
