Category: News World

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Business World

Foxconn to Invest $1 Billion in Tamil Nadu for iPhone Display Assembly Unit

Renowned Taiwanese contract manufacturer Foxconn is set to invest approximately $1 billion to establish a display assembly unit in Tamil Nadu, marking the company’s first such facility in India. The unit will primarily support Apple’s iPhone display module production, strengthening Foxconn’s position as a key supplier for the tech giant. In a strategic move, the

Business World

RBI Raises UPI Transaction Limit for Tax Payments to Rs 5 Lakh

The Reserve Bank of India (RBI) has announced an increase in the Unified Payments Interface (UPI) transaction limit for tax payments from the current Rs 1 lakh to Rs 5 lakh per transaction. This decision was unveiled by RBI Governor Shaktikanta Das during the announcement of the third bi-monthly monetary policy for the current financial

News World

India’s Renewable Energy Capacity Surges by 165% in a Decade

India’s installed renewable energy capacity has witnessed an impressive increase of 165% over the past decade, rising from 76.38 Gigawatts (GW) in 2014 to 203.1 GW in 2024, Union Minister Pralhad Joshi announced on Tuesday. Addressing a debate in the Rajya Sabha regarding demands for grants related to the Ministry of New and Renewable Energy,

Career World

Singapore Dominates QS World University Rankings 2024 for Management Education

In the latest QS World University Rankings 2024 for management education, Singapore emerges as a powerhouse, solidifying its reputation as a top destination for international students seeking quality higher education. The rankings, released by QS, showcase Singapore’s National University of Singapore (NUS) and Nanyang Technological University, Singapore (NTU Singapore) leading the charge. National University of

Business World

IRCC Proposes Sweeping Changes to International Student Program Oversight

In a move aimed at bolstering transparency and accountability, Immigration, Refugees and Citizenship Canada (IRCC) has unveiled comprehensive reforms to Canada’s international student program. The proposed regulations, announced on June 20th and currently under a 30-day review period, signify a significant shift in how Designated Learning Institutions (DLIs) across the country will be managed. Key

Business World

Amazon CEO Andy Jassy Advocates Lifelong Learning for Career Success

In a video shared by Amazon, CEO Andy Jassy underscored the importance of lifelong learning in achieving career success. Drawing from Jeff Bezos’s foundational principles, Jassy highlighted that the willingness to continually learn and adapt is what distinguishes thriving careers from stagnant ones. Jassy expressed, “You have to be ravenous and hungry to find ways

Business World

Google to Empower 10,000 Indian Startups in AI, Unveils New Tools

Google has announced ambitious plans to empower 10,000 Indian startups in the field of Artificial Intelligence (AI) through a collaboration with MeitY ‘Startup Hub’. This initiative aims to provide extensive training and resources to foster innovation and leadership in AI technologies among Indian developers and entrepreneurs. During the ‘I/O Connect’ event, Google unveiled a series

Business World

India’s Electronic Goods Exports Surge in June, Boosted by Production Incentives

India’s exports of electronic goods showed a strong performance in June, recording a 16.91% increase compared to the same period last year. The Ministry of Commerce and Industry reported that exports rose from $2.42 billion in June 2023 to $2.82 billion in June 2024, driven by the government’s Production-Linked Incentive (PLI) scheme. The growth trend

News World

World Population Day 2024 Reflects on India’s Historic Demographic Shift

As the world marks World Population Day on July 11, 2024, a significant demographic milestone has been reached: India has surpassed China to become the world’s most populous country. According to recent estimates by the United Nations, India’s population now stands at approximately 1.43 billion, edging out China’s 1.42 billion inhabitants. This shift marks a

Business World

Meet Chris Espinosa; The Longest-Serving Apple Employee

In an exclusive interview with TechInsight, Chris Espinosa, Apple’s longest-serving employee, reminisced on his remarkable journey spanning more than four decades at the iconic tech company. Joining Apple as a 14-year-old part-timer in 1976, Espinosa played a pivotal role in the early days of the company, testing the Apple II BASIC operating system during his

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