Paris, Feb 10 (UNI) French President Emmanuel Macron announced on Sunday night that France is set to receive a total investment of 109 billion euros (113 billion U.S. dollars) in artificial intelligence (AI) in the coming years. Speaking in a televised interview on public television channel France 2, Macron described the investment as the “equivalent…
Quito, Feb 9 (UNI) Ecuadorans will head to the polls on Sunday to elect their next president for a four-year term. Incumbent President Daniel Noboa is running for re-election after having assumed office just a little over a year ago following the dissolution of parliament amid the political crisis in May 2023. Left-wing lawmaker Luisa…
New Delhi, Feb 8 (UNI) Counting of votes for Delhi’s 70 assembly constituencies began amid tight security at 19 locations across the national capital on Saturday. As per early trends, the Bharatiya Janata Party (BJP) leading on 8 seats, while Aam Aadmi Party (AAP) leading on 5. AAP chief Arvind Kejriwal is also trailing while…
Praia, Feb 8 (UNI) Cape Verdean President Jose Maria Neves presided over the swearing-in ceremony of four new ministers on Friday in Praia, after their appointments earlier this week amid a cabinet reshuffle. Speaking at the ceremony, Cape Verdean Prime Minister Ulisses Correia e Silva explained that three government members would take on new or…
New Delhi, Feb 8 (UNI) Amid stringent multi-layered security, counting of votes for the 70-member Delhi assembly, that constitutes the crucial national capital region, began at 8 AM on Saturday. The voting for forming the government in the Union Territory was held on February 5, with over 60 percent of the citizens expressing their democratic…
New Delhi, Feb 7 (UNI) Within a week of major relief in the income tax for up to Rs 12 lakh in the Union Budget, reversal of policy interest rates by the Reserve Bank of India by 25 bps (first time in 5 years) will act as a “catalyst” for boosting demand across various sectors,…
New Delhi, Feb 7 (UNI) India on Friday evening summoned the Bangladesh Acting High Commissioner to protest the statements emanating from Dhaka that “continue to portray India negatively”. In an apparent tit-for-tat move, a day after Bangladesh summoned India’s Acting High Commissioner Pawan Badhe to protest ex-PM Sheikh Hasina’s address to her supporters, India said…
New Delhi, Feb 7 (UNI) The Indian economy continues to remain “strong and resilient” despite challenging global economic backdrop, but did not remain immune to these global headwinds, with the Indian Rupee coming under depreciation pressure in the recent months, says Reserve Bank of India. The Indian rupee (INR) depreciated by 3.2 per cent against…
New Delhi, Feb 7 (UNI) Amid surge in digital frauds, the Reserve Bank of India (RBI) has asked banks and other Non-banking Financial Corporations (NBFCs) to continuously improve preventive and detective controls to mitigate cyber risks. “The rapid digitalisation of financial services has brought convenience and efficiency but has also increased exposure to cyber threats…
New Delhi, Feb 7 (UNI) Welcoming the Monetary Policy Committee’s (MPC) decision to cut repo rate, industry captains on Friday said that the move would provide relief to home loan borrowers, boost consumption, lift consumer sentiments and help the India story. “The Reserve Bank of India’s (RBI) decision to reduce the repo rate by 25…
