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
Patient disruptions in South Korea rise amid doctors’ nationwide 1-day strike
Seoul, June 18 (IANS) Patients nationwide in South Korea experienced increased healthcare disruptions on Tuesday, having to return home without treatment or endure long waits, as neighbourhood clinics closed as part of a general strike by doctors protesting the medical school quota hike.
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.
New Zealand researchers use new algorithms to manage bird flu
Wellington, June 18 - New Zealand researchers use new algorithms to speed up response times to serious biosecurity and epidemic threats such as bird flu.
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.
New HAL order to further boost India’s self-reliance in defence manufacturing
New Delhi, June 18 - In a fillip to the ‘Make in India’ initiative and strengthening self-reliance in defence manufacturing, Hindustan Aeronautics Ltd (HAL) has received a request for proposal (RFP) by the Ministry of Defence for procurement of 156 light combat helicopters
‘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.
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.
US sues Adobe for hiding fees, preventing consumers from cancelling subscriptions
San Francisco, June 17 - The US government on Monday sued software giant Adobe for allegedly hiding expensive fees and making it difficult to cancel a subscription.
Centre takes action against electricity KYC update scam, blocks 392 mobile phones
New Delhi, June 18 - The government has taken stern action to protect citizens in response to reports of fraudulent activities involving mobile numbers in electricity KYC update scams.
Apple Macs continue to grow amid workforce transformation growth in India
New Delhi, June 17 - Apple Macs continue to benefit from strong workforce transformation growth tailwinds in India, industry experts said on Monday, as the tech giant launched its latest campaign for Mac devices in the country.