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Most Indian Business Leaders to Boost Investments in Supply Chain, Sustainability This Year
There is a notable increase in planned investments in supply chain management in India, with 67 per cent of surveyed business leaders from large organisations planning to increase their investments in 2025 (with a 17 per cent increase compared to 2024), a report showed on...
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India projected to account for 16 pc of global consumption by 2050: Report
India is projected to account for 16 per cent of global consumption by 2050, up from 9 per cent in 2023, McKinsey Global Institute said in a report on 'Dependency and Depopulation: Confronting the Consequences of New Demographic Reality'.Only North America, with a 17 per...
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Zomato's Share Hits 6-month Low amid Blinkit's Expansion Plans
Zomato's share price dropped to its lowest point on Tuesday in nearly six months, following weak Q3 FY25 earnings.The online food delivery giant's stock marked the lowest price since July 23, 2024 as it dropped 13.33 per cent to Rs 207.80 per share.As of 12:52 p.m.,...
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Semicon India Scheme to Create 85,000 Jobs: Centre
In the run-up to the Union Budget 2025-26 to be presented on February 1, the Union Finance Ministry on Tuesday highlighted the achievements of the government's policies in pushing up investments and employment through the semiconductor programme and the PLI scheme for...
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Sensex Tanks More than 800 Points over Impending Trump Trade Tariffs
Indian stock markets saw a sharp decline on Tuesday, giving up their morning gains and trading significantly lower by midday as investors remain cautious about Trump trade tariffs.The BSE Sensex plunged 849 points to hit an intraday low of 76,225, while the NSE Nifty...
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Property Worth RS 2.22 Crore of Job Fraudster Attached in J&K
Property worth Rs 2.22 crore owned by a job fraudster was attached by authorities in Jammu and Kashmir, officials said on Tuesday.Officials said the property of the fraudster impersonating an Army Lieutenant Colonel and promising jobs to people, has been attached in...
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PM Cares Fund: RS 346 CR Used for over 4,500 Kids Orphaned During Covid-19, Says Report
The PM CARES for Children Scheme, launched in 2021 to support children orphaned during the Covid-19 pandemic, has reportedly spent Rs 346 crore on the welfare of 4,543 children, according to the latest audited statement of the fund for 2022-23.The Scheme, launched by Prime...
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WEF Meet Kicks off in Davos with Crystal Awards for Beckham, Furstenberg, Yamamoto
The 55th World Economic Forum (WEF) Annual Meeting kicked off with the theme "Collaboration for the Intelligent Age", at Davos in the Swiss Alps on Tuesday with three celebrities -- football legend David Beckham, fashion designer Diane von Furstenberg, and architect Riken...
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Decades-old Demand Fulfilled: Residents of J&K'S Samba on Rapid Construction of Bridge over Basantar
As construction for a bridge is underway over the Basantar river that will connect two blocks of Jammu and Kashmir's Sambha directly to the city, its residents thanked the Modi government for fulfilling their 50-year-old demand.This vital project will benefit the residents...
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Quick-commerce to Remain Hot Sector for VC Investments in India This Year
Global VC investment rose from $349.4 billion across 43,320 deals in 2023 to $368.3 billion across 35,684 deals in 2024, as quick-commerce remained a hot sector of investments in India in the fourth quarter last year and will continue in 2025, according to a report on...
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Large-sized Deals Dominate Industrial and Warehousing Demand in India in 2024
The year 2024 saw over 28 million square feet of new supply, highest in the recent years, indicating improved developer confidence and an optimistic outlook for this year, as large-sized deals drove 40 per cent of industrial and warehousing demand last year, according to a...
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India, Belgium to Deepen Trade and Investment Ties: Piyush Goyal
Union Minister for Commerce and Industry Piyush Goyal and Bernard Quintin, Belgian Minister of Foreign Affairs, European Affairs and Foreign Trade, held bilateral talks in Brussels to boost trade and investment ties across the spectrum, it was announced on Tuesday.The...
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Indian Stock Market Trades Flat as New US President Avoids Tariffs on Day 1
Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected.The Nifty 50 was up 0.25 per cent while the 30-stock BSE Sensex was...
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Threats, New Horizons Loom for South Korean Industries as Trump 2.0 Begins
As Donald Trump took office for his second term as US president, South Korean industries were closely watching for potential changes in Washington's economic and trade policies, which could significantly impact their American businesses, industry observers said on...
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Seoul Shares Turn Lower amid Rising Woes over US Protectionism
South Korean stocks turned lower on Tuesday after new US President Donald Trump ordered his administration to address unfair trade practices globally.Opening some 1 per cent higher, the benchmark Korea Composite Stock Price Index had lost 9.26 points, or 0.37 percent, to...
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Trump Threatens 25% Tariffs on Mexico and Canada to Raise Prices for Americans
US President Donald Trump said in an Oval Office signing ceremony on Monday that his administration will impose 25 per cent tariffs on Mexico and Canada on February 1, an extraordinary change in North American trade policy that could raise prices for American...
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Assam CM to Meet Top Industry Leaders in Seoul Today
Assam Chief Minister Himanta Biswa Sarma is in Seoul in South Korea and he has a series of meetings on Monday with the top industry players there for the upcoming investment summit in Guwahati -- Advantage Assam 2.0, officials said.Sarma is set to stay in Seoul for three...
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RBI Steps to Boost Liquidity in Banking System Are Smart, Pragmatic: SBI
More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR has been taken as the first step to manage liquidity in the banking system, according to an SBI research report."Such changes and frontloading next round of moves are smart and...
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Global PC Market up 3.7 PC, over 25 PC Laptops Now GenAI Capable: Report
The global PC market saw a 3.7 per cent shipment growth in Q4 2024, and over 25 per cent of laptops were generative AI (GenAI) capable last year, a report showed on Monday.According to Counterpoint Research's preliminary data, there was a steady flow of PC orders from...
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This Govt Understands the Multiplier Effect Auto Sector Has: DC2 Design's Dilip Chhabria
In the last 40-50 years, the auto industry was treated like a luxury sector burdened by too many taxes, and it is only in the last couple of years that the government, led by Prime Minister Narendra Modi, has realised the multiplier effect that the auto sector has, Dilip...
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South Korea to Expand Export Financing Support amid Trump Uncertainties
The government here on Monday announced plans to provide extensive financial support to bolster exports this year, as uncertainties in the global trade environment are expected to intensify with the inauguration of US President-elect Donald Trump.Trump is set to begin his...
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Seoul Shares Slightly up Ahead of Donald Trump Inauguration
South Korean stocks opened a tad higher on Monday ahead of the inauguration of US President Donald Trump as 47th President.The benchmark Korea Composite Stock Price Index (KOSPI) added 10.8 points, or 0.43 per cent, to 2,534.35 in the first 15 minutes of trading.Trump was...
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Sensex Opens Higher as Traders Gear up for Trump's Inauguration
Indian benchmark indices opened higher on Monday, taking positive cues from its Asian peers, as traders geared up for Donald Trump's inauguration as the 47th US President.At around 9.35 am, Sensex was trading at 76,701.3, up nearly 100 points while Nifty was at 23,215.65,...
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HD Hyundai Electric Q4 Net Falls 10.9 PC on One-off Costs
HD Hyundai Electric, a South Korean electrical equipment maker, said on Monday its fourth-quarter net profit fell 10.9 per cent from a year earlier due to one-off costs.Net profit for the three months ended on December 31 fell to 123.9 billion won ($85 million) from 139...
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Flights Delayed, Cancelled at Chennai Airport Due to Bhogi Festival Smoke
The Chennai airport cancelled the arrival of three Indigo flights from Delhi and Bengaluru on Monday morning due to poor visibility caused by smoke from the burning of old clothes and tyres during the Bhogi festival.In addition to these cancellations, the airport has...