Kia India exports over 2.5 lakh vehicles since 2019
New Delhi, June 13 - Automaker Kia India on Thursday said it has surpassed 250,000 vehicle exports from the country since 2019.
India likely to attract up to Rs 4 lakh crore investments in PLI schemes, generate 2 lakh jobs
New Delhi, June 13 - The production-linked incentive (PLI) schemes, announced under the leadership of Prime Minister Narendra Modi for 14 key sectors with an outlay of Rs 1.97 lakh crore (over $26 billion) to enhance India's manufacturing capabilities and exports, are likely
India excellent hub for AI innovation, startups: Google Cloud’s top exec
New Delhi, June 13 - India is an excellent hub for innovation in artificial intelligence (AI), startups and also a key global market for Google Cloud, the company's top executive has said.
SK Telecom to invest $10 mn in Perplexity for AI search cooperation
Seoul, June 13 - SK Telecom, a leading South Korean mobile carrier, said on Thursday it will invest $10 million in US Artificial Intelligence (AI) startup Perplexity to cooperate on AI search services.
Zepto set to raise $650 million at $3.5 billion valuation
New Delhi, June 13 - Quick grocery delivery platform Zepto is geared up to raise nearly $650 million from existing and new investors.
Samsung to provide comprehensive AI solutions for foundry biz
Seoul, June 13 - Samsung Electronics said on Thursday it will provide comprehensive "one-stop" artificial intelligence (AI) solutions for its foundry customers, with a focus on up-to-date technologies for high-performance, low-power AI chips.
Coupang fined $12.4 million for alleged manipulation of search algorithm
Seoul, June 13 - The antitrust regulator said on Thursday it has decided to fine e-commerce giant Coupang 140 billion won ($12.44 million) for using unfair search algorithms and uploading false product reviews to boost sales of its own private-label items.
Kolkata Port slashes rates to attract more cargo
Kolkata, June 12 - The Syama Prasad Mookerjee Port in Kolkata (SMPK) has announced a volume-based rebate scheme for 2024-25 to enhance the volume of cargo.
Ports, roads to get major investment boost in India, cargo volume to grow up to 8 per cent: Report
New Delhi, June 12 - The cargo volumes in India are expected to grow 6-8 per cent in the current fiscal year on the back of healthy growth in the container and coal segments, amid increased government capital outlay across roads, ports, and
Indian corporates’ large capex to need offshore funding amid steady economic growth
New Delhi, June 12 - Indian corporates' large capex will need to rely on offshore funding despite improving domestic liquidity and companies’ earnings growth, a new report showed on Wednesday.
Indian financial institutions well placed to ride on robust economic growth: Moody’s
Mumbai, June 12 - Indian banks and non-bank finance companies (NBFCs) are well placed to seize opportunities from the country's strong economic prospects through lending growth in sectors such as infrastructure, energy transition, manufacturing, small businesses and retail, a Moody’s report said on
India’s industrial production clocks 5 pc growth in April
New Delhi, June 12 - India's Index of Industrial Production (IIP) recorded a 5 per cent year-on-year growth during April this year compared to the corresponding figure of 4.6 per cent in April 2023, according to the latest data released by the Ministry
North Korea discontent over UNSC’s meeting on Pyongyang’s human rights situation
Seoul, June 14 - North Korea on Friday expressed strong discontent regarding the UN Security Council's (UNSC) meeting on Pyongyang's human rights situation held earlier this week.
13 UP Legislative Council members sworn in
Lucknow, June 14 - Thirteen members of the Uttar Pradesh Legislative Council were sworn in on Friday here.
Afghanistan seeks to establish political, economic ties with all countries: Caretaker govt
Kabul, June 14 - The Afghan caretaker government's Supreme Leader, Hibatullah Akhundzada, on Friday said that Afghanistan seeks to establish political and economic relations with all countries across the world.
Iran fulfils threat to expand uranium enrichment
Vienna, June 14 - Following last week's resolution against Iran by the International Atomic Energy Agency (IAEA), Tehran is now pressing ahead with the threatened expansion of its uranium facilities, the UN nuclear watchdog said.
‘Save yourself’: Anti-Trump art action at US consulate on birthday
Hamburg, June 14 - Fifty round life buoys normally used to help someone from drowning have been hung on a bridge in front of the US consulate in Hamburg along with banners reading: "America, save yourself. Don't vote for Trump."
WFP warns of hunger crisis ahead of Eid al-Adha in Afghanistan
Kabul, June 14 - The Afghanistan office of the World Food Programme (WFP) on Friday warned of a hunger crisis ahead of the upcoming Eid al-Adha in Afghanistan.
Moscow reports major Ukrainian drone attack on border regions
Moscow, June 14 - Ukraine carried out a major attack consisting of more than 80 drones on Russian border regions in the early hours of Friday, the Russian Ministry of Defence reported.
One killed, several wounded in Israeli strike in Lebanon
Beirut, June 14 - At least one person was killed and more than seven others wounded in an Israeli airstrike overnight that hit a house in southern Lebanon, security sources and state media reported on Friday.