US, India must remain at forefront of technology to defend their value systems: Ajit Doval
New Delhi, June 18 - In the era of artificial intelligence (AI), semiconductors, bio-tech and other emerging technologies, the US and India must remain at the forefront of technology to protect and defend their value systems, India's National Security Advisor (NSA) Ajit Doval
Central banks plans to add gold to their reserves in a year: WGC
Chennai, June 18 - Nearly 30 per cent of 70 central banks surveyed have said they plan to add to their own gold reserves within the next year, a World Gold Council survey said.
Stock markets at record high, defence stocks zoom
Mumbai, June 18 - Riding on defence sector stocks led by Hindustan Aeronautics Ltd, Mazagon Dock, Paras Defence, and Cochin Shipyard, the Indian indices closed at record high on Tuesday.
Nothing to unveil CMF Phone 1 on July 8 in India
New Delhi, June 18 - London-based consumer tech brand Nothing on Tuesday announced the official date for the full unveiling of CMF Phone 1, which is July 8.
Life Sciences industry expects 22 pc of revenue to come from connected health in 5 yrs
New Delhi, June 18 - As the majority (63 per cent) of Life Sciences organisations, across biopharma and medtech, have connected health products already on the market or under development, the industry anticipates that connected health will contribute more than one-fifth of their
India’s NBFC sector now world’s 3rd largest, next only to USA & UK
New Delhi, June 18 - India's non-banking financial sector has grown to become the third largest in the world, next only to the United States and the United Kingdom, according to an SBI report that highlights the growing strength of the country’s financial
Chinese EV maker BYD set to enter South Korean market in low-cost segment
Seoul, June 18 - The expected entry of China's BYD Auto into the South Korean consumer electric vehicle (EV) market this year will likely intensify competition within the low-cost segment of the market, which globally has seen a stagnation in growth as of
Rental price growth slows down 50 pc in top cities as housing supply surges: Report
Mumbai, June 18 - A surge in housing supply resulted in a nearly 50 per cent drop in rental price growth in top cities in the second quarter this year (to date) -- registering a 2-4 per cent quarterly rise which is down
India’s spices exports hit record $4.46 billion in FY24, red chilli up by 15 pc
New Delhi, June 18 - The export of spices and its products reached an all-time high in FY 2023-24 at a record $4.46 billion making India a key player in the global trade.
Renewables, roads, realty sectors to see 38 pc growth to reach Rs 15 lakh crore in 2 years: Report
New Delhi, June 18 - Riding on supportive policy interventions, investment in India’s key infrastructure sectors — renewable energy and roads – and real estate are likely to grow 38 per cent in the fiscals 2025 and 2026, compared with the previous two
India’s pharma exports clock double-digit growth amid surging demand in US, UK
New Delhi, June 18 - India’s pharmaceutical exports continue to register double-digit growth, reflecting the strong demand for the country’s affordable generic medicines in global markets led by the USA and UK.
Fitch raises India’s GDP growth forecast for FY25 to 7.2 pc
New Delhi, June 18 - Global rating agency Fitch on Tuesday raised India's GDP growth forecast for FY25 to 7.2 per cent, from 7 per cent.
‘Made in India’ branding on steel products to take country on global stage
New Delhi, June 18 - As India doubles down on domestic manufacturing of products across industries, the steel producers in the country are not lagging behind and most of them now have achieved labelling their products as ‘Made in India’.
India’s non-cash payment on e-com platforms rose over 58 pc in 2023: Report
New Delhi, June 18 - India has witnessed the fastest jump in alternative remittance share for e-commerce payments in the Asia-Pacific (APAC) region, from 20.4 per cent in 2018 to 58.1 per cent in 2023, a new report has said.
Google brings AI assistant Gemini’s mobile app to India in 9 languages
New Delhi, June 18 - Amid the growing debate over artificial intelligence (AI) models, Google on Tuesday launched its AI assistant Gemini’s mobile app in India.
LG Electronics to pay $65.2 million in dividends to shareholders
Seoul, June 18 - LG Electronics said on Tuesday it will pay out 90 billion won ($65.2 million) in dividends to its shareholders for the first half as part of plans to increase shareholder value.
Apple to shut down ‘Pay Later’ service, launching ‘installment loans’
San Francisco, June 18 - Apple has announced to shut down its buy now, pay later (BNPL) service called ‘Apple Pay Later’ in the US.
New 410 GW offshore wind capacity to be installed over next 10 years globally: Report
New Delhi, June 17 - At least 410 GW of new offshore wind capacity will be installed in the next 10 years globally, bringing offshore wind deployment in line with global targets to install 380 GW by 2030, a new report said on
Hyundai Motor’s envisioned US plant to prioritise EVs: CEO
Seoul, June 17 - A new car manufacturing plant by Hyundai Motor, South Korea's largest automaker, under construction in the US state of Georgia will prioritise producing electric vehicles despite a temporary fluctuation in market demand, the company's CEO said on Monday.
Operating profit margin for India Inc to remain steady at 15-18 pc in Q1 FY25: Report
New Delhi, June 17 -The operating profit margin for India Inc. is expected to remain steady at 15-18 per cent in the first quarter (April-June period) in the ongoing fiscal year (FY25), a report showed on Monday.