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DO YOU KNOW...... Which is the world's largest smartphone factory? In July 2018, Samsung Inaugurated what it called the world's largest mobile factory in Noida... With this new facility, Samsung will double its current capacity for mobile phones i

RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m

To Beat china & Become World's Factory: I this is what it is, We I mean INDIA becoming a superpower... Wait but, in which segment! is it it space mission/geopolitical.. Then, what about our GDP & Pre capita income? Lets keep that aside., see this (

Reliance Industries to Light Up India: First Solar Giga-Factory on Track for FY25 Commissioning Mumbai, August 7, 2024: In a monumental stride towards India's green energy aspirations, Reliance Industries Limited (RIL) has announced that its inaugura

Brief History of RBI The Reserve Bank of India (RBI) was established on April 1, 1935, based on the Hilton Young Commission's recommendations and the Reserve Bank of India Act, 1934. Initially, the RBI took over the functions of the Controller of

Top News Of the Day: 1. HSBC does not see any value in BYJU's stake due to ongoing legal cases and funding challenges, which once was worth $500 Mn 2. HSBC has revised its valuation estimate for several Indian startups, including B2B ecommerce plat

What Happens When Forex Reserves Decline? We should understand it, Because India is going through that. Let’s break it down step by step. Let’s Understand What Forex Reserve Is Forex reserves are a country’s savings in foreign currencies, gol

’m a bit surprised by how everyone’s in a tizzy over Indian Rupee's slide against the Dollar, and how Govt and RBI are being bashed over it. It makes it amply clear that much of people don’t understand how & why currency markets move 🙏🙏 And, the

In a tiny Dutch town, a secretive $350B tech company controls the future of AI, iPhones, and global military tech. No one talks about them. But both the US and China are in a brutal war for their technology. Here's how ASML quietly became the worl

Meet OfBusiness, a $5 Billion Startup which you never Heard of! It was Founded in 2015 by Ashish Mahapatra, an IIT and ISB student who previously worked at McKinsey. The company focuses on the MSME sector which contributes to about 30% to India's G