India’s core infra industries clock 0.5 per cent growth in May
New Delhi, June 22 (IANS) The combined index of India’s eight core infrastructure industries increased by 0.5 per cent during May this year compared to the same month of the previous year, with cement, steel, and electricity recording positive growth,…
From AI to data centres, India emerges as global digital power in 12 years
New Delhi, June 22 (IANS) India has emerged as a global digital powerhouse over the last 12 years, driven by rapid advancements in artificial intelligence (AI), semiconductors, quantum technologies, data centres and digital public infrastructure,…
Operational efficiency emerges as top priority for 78 pc of MSMEs: Report
New Delhi, June 22 (IANS) Nearly 78 per cent of micro, small and medium enterprises (MSMEs) now rank operational efficiency as their top priority for the year ahead, outpacing revenue growth and customer acquisition, a report said on Monday.…
Adani’s Ambuja Cements joins UK-based Leilac to develop commercial-scale low carbon cement
Ahmedabad, June 22 (IANS) Ambuja Cements on Monday said it has partnered with Leilac Limited, a UK-headquartered clean technology company, to develop one of the world’s largest commercial-scale pathway for low-carbon cement production at Sanghipuram in…
US clears $482 million support package for India’s Apaches, M777 howitzers
New Delhi, June 22 (IANS) The United States has formally notified a proposed sale of sustainment support services and related equipment worth an estimated $482.2 million for India’s Apache attack helicopters and M777A2 Ultra-Light Howitzers aimed…
SK hynix beats Samsung Electronics in market cap for 1st time
Seoul, June 22 (IANS) Chip major SK hynix has surpassed Samsung Electronics in terms of market capitalisation for the first time, the bourse operator said on Monday. The market capitalisation of SK hynix reached 2,091 trillion won ($1,358 billion) at…
India, US line up multiple talks this week to advance trade deal: Sergio Gor
New Delhi, June 22 (IANS) India and the United States are set to intensify negotiations on the proposed bilateral trade agreement (BTA), with US Ambassador to India Sergio Gor announcing on Monday that US Trade Representative Jamieson Greer will hold…
2 S. Korean-operated vessels exit Strait of Hormuz following Iran deal
Seoul, June 22 (IANS) Two South Korean-operated vessels have exited the Strait of Hormuz following last week’s ceasefire agreement between the United States and Iran that reopened the strategic waterway, the maritime ministry said on Monday. The…
Exports up 60 pc in S. Korea on robust chip sales
Seoul, June 22 (IANS) South Korea’s exports jumped 60.4 per cent from a year earlier in the first 20 days of June, data showed on Monday, setting a new fresh high for the period amid robust shipments of semiconductors. Outbound shipments reached…
India’s space economy projected to reach $40–45 billion over next decade
New Delhi, June 21 (IANS) India’s space economy is projected to grow five-fold from the current $8 billion to $40-45 billion over the next decade, driven by policy reforms, rising private sector participation and growing commercialisation of space…