Edge data centres in smaller cities a golden opportunity for India
New Delhi, March 31 - With the global data centre industry evolving significantly over time, within the Indian market, two noticeable trends are emerging - an increasing demand for colocation data centres and the emergence of newer edge data centres.
S. Korean govt mulls further cut in EV subsidies
Seoul, March 31 - The government is considering further cutting electric vehicle (EV) subsidies next year to instead use the funds to supplement insufficient charging infrastructure, sources said on Sunday.
Google to suspend political ads in S. Korea ahead of elections
Seoul, March 31 - Google has decided to suspend all politics-related advertisements on its services in South Korea ahead of the general election next month, according to industry sources.
Samsung Chairman Lee mourns death of Hyosung honorary chairman
Seoul, March 30 - Samsung Electronics Chairman Lee Jae-yong on Saturday expressed condolences following the death of Hyosung Group Chairman Emeritus, Cho Suck-rai.
Foreigners net purchased record $11.7 billion shares in S. Korea in Q1
Seoul, March 30 - Foreigners net purchased over 15 trillion won ($11.7 billion) worth of local shares in the first three months of the year in South Korea, breaching the 15 trillion-won mark for the first time in history, data showed on Saturday.
Power sector experts hail collaboration between RIL & Adani Group for MP power project
Mumbai, March 29 - Power sector experts on Friday hailed the collaboration between the Mukesh Ambani-led Reliance Industries Limited (RIL) and the Adani Group headed by Gautam Adani following RIL’s move to pick up 26 per cent stake in Adani Group’s power plant
India’s policies to empower women take centre stage at G20 meet
Brasilia, March 29 - The second day of the G20 Employment Working Group (EWG) meeting here on Friday started with a special session dedicated to the follow-up of the implementation of commitments made during India’s G20 presidency which includ the need to develop
EV sales’ momentum slowing globally
New Delhi, March 29 - Electric vehicle sales' momentum is slowing globally, marquee global brokerage Goldman Sachs said. Europe, which has driven EV growth up to now, has shown signs of stagnation since the beginning of 2024.
Revised CAR does not serve the interests of pilots, says FIP in letter to Civil Aviation Minister
New Delhi, March 29 - The Federation of Indian Pilots (FIP) has written to Civil Aviation Minister Jyotiraditya M. Scindia. alleging that the DGCA has amended the regulation for 'Consecutive Night Operation', and deleted the existing proviso, in the revised Civil Aviation Requirements
Pakistanis brace for another petrol price hike ahead of Eid-ul-Fitr
Islamabad, March 30 - Even as the cash-strapped economy of Pakistan has taken a massive toll on the lives of its citizens, adding up to their struggles, miseries and sufferings with consistent rise in inflation, now the government is gearing up to announce
Cho Suck-rai, honorary chairman of Hyosung Group, dies at 89
Seoul, March 29 - Hyosung Group Honorary Chairman Cho Suck-rai died of a chronic illness on Friday, sources said. He was 89.
Pakistan’s economic growth rate slowed down to just 1 pc in Q2
Islamabad, March 29 - Pakistan's economic growth rate has slowed down to just 1 per cent in the second quarter of this fiscal year because of the poor performance of the industrial and services sectors, local media reported.
Started my career on shop floor of auto plant: Anand Mahindra to Elon Musk
New Delhi, March 29 - Mahindra Group Chairman Anand Mahindra, on Friday, revealed that he started his career on the shop floor of an auto plant, as he responded to Tesla and SpaceX CEO Elon Musk.
Sales turnover of Government e-Marketplace doubles to Rs 4 lakh crore in 2023-24
New Delhi, March 29 - The Government e-Marketplace (GeM) has closed the 2023-24 financial year with a Gross Merchandise Value (GMV) of a staggering Rs 4 lakh crore which is double that of the corresponding figure for the previous fiscal year (2022-23), the
Political stability has given India a new sense of confidence: JKLU Laureate awardee Deepak Parekh
Jaipur, March 29 - Amid geological tensions impacting the global economy, India has maintained its pace of having the fastest-growing GDP rates among major economies, thanks to the political stability that the country enjoys today which has given it a new sense of
Complaints against Alibaba Group’s AliExpress triple in S. Korea last year
Seoul, March 29 - Complaints filed against AliExpress, the e-commerce retail platform of China's Alibaba Group, in South Korea nearly tripled in 2023 from a year earlier, a state-run consumer organisation said on Friday.
Samsung, employees agree to 5.1 pc pay raise for 2024
Seoul, March 29 - Samsung’s management and its workers agreed to an average 5.1 per cent pay raise for the year, sources said on Friday.
World should develop the concept of Green GDP: PM Modi
New Delhi, March 29 - Prime Minister Narendra Modi on Friday said India is making rapid advancements in the renewable energy sector, like solar, wind energy and green hydrogen, thus building 'Green GDP' which the world economies should embrace to tackle the burning
Delhi HC to examine Google’s Advertising terms for legal remedies in India
New Delhi, March 29 - The Delhi High Court has said that it will examine whether the terms of Google’s advertising programme unjustly restricts advertisers from seeking legal remedies or opting for arbitration within India.
RBI to shut Rs 2000 banknote exchange facility for a day on April 1
Mumbai, March 28 - The RBI announced on Thursday that the facility for exchange and deposit of Rs 2000 banknotes will not be available on April 1 at the central bank’s 19 offices due to operations associated with the annual closing of accounts.