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India has growing data centre industry. Data centres are used for national security, internet infrastructure, and economic output. As of 2024, India's data centre capacity is at 950 MW, which is expected to be 1800 MW by 2026. [1] The data centre industry is valued at US$1.2 billion in 2021, a 216% growth from $385 million in 2014.
Finance Minister Nirmala Sitharaman presented the Union Budget in the Lok Sabha on 1 February 2024 following the necessary approval from the President of India. During this presentation, the Finance Minister highlighted the crucial aspects of the document and justified the underlying thought process behind the proposed initiatives.
The Union Budget is the annual financial report of India; an estimate of income and expenditure of the government on a periodical basis. As per Article 112 of the Indian Constitution, it is a compulsory task of the government. [3] The first budget of India was presented on 18 February 1860 by Scotsman James Wilson. [4]
The Indian government launched Digital India futureLABS on 3 February 2024, with the aim of doing research and development in the areas of automotive, computer, communication, industrial electronics, strategic electronics, and internet of things. Funding will originate from the Ministry of Electronics and Information Technology's R&D budget.
Telangana is one of the fastest-growing states in India posing average annual growth rate of 13.90% over the last five years. [6] Telangana's nominal gross state domestic product for the year 2023-24 stands at ₹15.2 lakh crore (US$180 billion). Service sector is the largest contributor to the Telangana's economy with a share of about 65% in ...
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [58]
2024 events in India by month (12 C) P. 2024 in Indian politics (1 C, 14 P) S. Spacecraft launched by India in 2024 (2 P) 2024 in Indian sport (14 C, 28 P) T.
8 February - 2024 Haldwani violence: Four people are killed and over 100 are injured after clashes break out between rioters and police in Haldwani, Uttarakhand after the demolition of an illegal madrasa following a court order, prompting the suspension of internet services, closure of schools, and issuance of shoot-at-sight orders against the ...