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Meta to expand India operations, hire more for engineering and AI roles
The Statesman Bhubaneswar
|February 24, 2025
Global technology giant Meta is expanding its presence in India and would hire engineers and product specialists for artificial intelligence (AI) roles.
Meta, the parent company of Facebook, has announced a new office in Bengaluru.
With this move, Meta is following the path of other major tech giants like Microsoft, Google, and Amazon, which have already established strong engineering and product teams in Bengaluru and across India.
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The Statesman Bhubaneswar
Securitisation volumes rise 5 per cent to ₹1.87 lakh crore in April-December FY26: Crisil
Securitisation volumes in India rose about 5 per cent year-on-year to Rs 1.87 lakh crore in the first nine months of fiscal 2026, driven largely by strong originations from non-banking financial companies (NBFCs), even as bank-led issuances remained muted, Crisil Ratings said on Thursday.
1 mins
January 09, 2026
The Statesman Bhubaneswar
L&T bags order to upgrade Indian army’s Pinaka rocket launchers
Larsen & Toubro (L&T) informed the stock exchange in a regulatory filing on Thursday, that it has received a supply order from the Indian Army’s Corps of Electronics and Mechanical Engineers (EME) to overhaul, upgrade and maintain the L&T manufactured indigenous Pinaka Multi-Rocket Launcher System.
1 min
January 09, 2026
The Statesman Bhubaneswar
'New abnormal' looming in India-US relations: Congress
The Congress on Thursday sounded an alarm over what it describes as a \"sharp deterioration\" in India-US relations, asserting that the bilateral partnership is entering a volatile \"new abnormal\" phase.
1 mins
January 09, 2026
The Statesman Bhubaneswar
The old and the new
As the election is drawing closer, everyone is thinking about the polarisation of political parties and its possible outcomes.
2 mins
January 09, 2026
The Statesman Bhubaneswar
Eight-time SP MLA and tribal leader Vijay Singh Gond passes away in Lucknow
Senior Samajwadi Party (SP) legislator and eight-time MLA from Duddhi assembly constituency, Vijay Singh Gond, passed away on Thursday atthe Sanjay Gandhi Postgraduate Institute of Medical Sciences (SGPGI), Lucknow.
1 min
January 09, 2026
The Statesman Bhubaneswar
SBI Research sees upward bias in FY26 GDP growth after base revision
India’s gross domestic product (GDP) is estimated to grow at 7Aper cent in FY26, according tothe first advance estimates released by the National Statistical Office (NSO), markinga sharp improvement from 6.5 per cent growth recorded in FY25.
2 mins
January 09, 2026
The Statesman Bhubaneswar
Trump orders US exit from 66 global bodies
President Donald Trump on Wednesday signed an executive order suspending US support for 66 international organisations, agencies and commissions, including those affiliated with the United Nations citing concerns that the groups no longer serve US national interests.
1 min
January 09, 2026
The Statesman Bhubaneswar
West Bengal set to surpass budgeted market borrowings for current fiscal
The West Bengal government is slated to surpass the budgeted market borrowings for the current financial year 2025-26, as well as its projected accumulated debt by 31 March, as indicated in the trend so far for the first nine months as well as the scheduled borrowings for the remaining three months of the financial year under review.
1 mins
January 09, 2026
The Statesman Bhubaneswar
Textiles Ministry signs 15-state MoU to boost evidence-based policymaking
The Ministry of Textiles on Thursday said it signed MoUs with 15 states on theinaugural day of the ‘National Textiles Ministers’ Conference’ in Guwahati, marking a transformative step towards evidence-based policymaking.
1 min
January 09, 2026
The Statesman Bhubaneswar
US fiscal outlook for 2026 shows stability: Report
The US public finance sector is expected to enter 2026 ona relatively stable footing, though underlying vulnerabilities are gradually building across several segments, according to anew outlook by S&P Global Ratings released on Thursday.
2 mins
January 09, 2026
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