Carrier which has been present in India since 1986, operates a manufacturing facility in Haryana. In the past ten years, the company has committed investments exceeding one billion dollars within the nation. One of the key drivers behind this investment is the enormous opportunity presented by India's low air-conditioning penetration.

British International Investment (BII), the UK’s development finance institution and impact investor has portfolio value in India of nearly $2.2 billion across 292 companies. The fund is focussed on investing in themes around climate transition and financial inclusion. Nick O’Donohoe, Chief Executive Officer of British International Investment says that, “Whatever line you draw India has the highest number of people below the poverty line in the world” this makes impact investing theme critical for India.

The investigation, which escalates a long-running feud between the SEC and Elon Musk, concerns whether Musk broke federal securities laws in 2022 when he bought stock in Twitter, which Musk renamed X, as well as statements and SEC filings he made in relation to the deal.

From RBI maintaining the status quo and keeping policy rates unchanged at 6.50% to Google's Pixel 8 series facing backlash, here's a rundown of 11 significant news stories to keep you in the know.