Google is giving away its premium Gemini AI service to over 500 million Jio users in India for free. This unprecedented move signals a strategic battle for India’s massive digital market as global AI giants compete for dominance.
Mining lubricants market expected to hit $5.79 billion by 2032 with 3.85% CAGR growth. Asia-Pacific leads demand while synthetic lubricants dominate product segments. Industry faces challenges from electric equipment transition.
The global mining lubricants market is positioned for steady expansion, with analysts projecting growth from $4.28 billion in 2024 to $5.79 billion by 2032, according to recent market analysis. Sources indicate this represents a compound annual growth rate (CAGR) of 3.85% during the forecast period from 2025 to 2032. Industry reports suggest this growth is primarily driven by increasing global demand for metals and minerals fueled by ongoing industrialization, urbanization, and the transition to clean energy technologies worldwide.
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Technology shares in India are experiencing sustained pressure as global enterprises tighten spending on digital transformation projects. Market analysts suggest the sector may face prolonged challenges amid shifting client priorities and economic headwinds affecting technology investments worldwide.
India’s prominent information technology sector continues to face significant headwinds as global corporations reportedly scale back their technology expenditures, according to recent financial analysis. The downward trend has persisted through recent trading sessions as India-based IT service providers navigate what sources indicate is a challenging period for technology spending worldwide.
India’s landmark bankruptcy reforms face significant implementation challenges, with nearly 80% of ongoing cases exceeding the 270-day resolution timeline. Recovery rates remain at just 32%, only marginally better than pre-reform levels, according to recent analyses.
When India introduced its new insolvency code in 2016, analysts suggest it was hailed as the end of what many called a “defaulter’s paradise.” According to reports, the World Bank had estimated that bankruptcies in the country previously dragged on for 4.3 years on average, more than twice as long as in China. The new regime reportedly promised to cut that timeline to 270 days while helping creditors recover significantly more of their dues.
