Seoul, Aug 21 — South Korea will launch the "Future Fund" to promote long-term economic growth, using what the government calls "windfall revenue" from increased tax collection driven by the recent artificial intelligence (AI) boom, the budget ministry said on Friday.The Ministry of Planning and…
Seoul, Aug 21 — The labour union of Hyundai Motor launched a full-day strike on Friday after failing to reach an agreement with management over wages, raising concerns about further production disruptions amid sluggish vehicle sales.It marks the first time in 10 years that the automaker's union has…
Singapore, Aug 21 — Commerce and Industry Minister Piyush Goyal has emphasised India's commitment to deepening economic partnerships with Singapore and across Asia, while fostering stronger business-to-business collaboration.Addressing the non-profit business school INSEAD alumni and students,…
Washington, Aug 20 — Gujarat Chief Minister Bhupendra Patel on Thursday urged the global Gujarati community to participate in the state's development by investing in emerging sectors including GIFT City, semiconductors, artificial intelligence, data centres and biotechnology, as he sought greater…
New Delhi, Aug 20 — Commerce and Industry Minister Piyush Goyal on Thursday said that new avenues are being created for Indian farmers and processed food manufacturers to expand presence in the Singapore market and further to the whole ASEAN region and Australian market.Goyal met Gan Siow Huang,…
New Delhi, Aug 20 — Prime Minister Narendra Modi outlined his vision for further strengthening the Special Strategic and Global Partnership between India and Japan as Japanese Defence Minister Shinjiro Koizumi, who is on an official visit to India, called on him on Thursday. During the meeting,…
Mumbai, Aug 20 — Manipal Health Enterprises Limited on Thursday reported a 7.7 per cent year-on-year decline in consolidated net profit to Rs 231 crore for the first quarter of FY27, compared with Rs 250 crore in the corresponding quarter last financial year (Q1 FY26).Despite the decline in profit,…
New Delhi, Aug 20 — The Centre on Thursday allowed imports of 1 million tonnes of raw sugar at nil duty to bring down surging prices in the domestic market, which are adding to the inflationary pressure in the economy.According to an official notification issued, the imports will be permitted till…
New Delhi, Aug 20 — The Directorate General of Foreign Trade (DGFT) on Thursday eased rules allowing export contracts, invoices, and payments with non-Asian Clearing Union (ACU) countries to be denominated and settled in rupee or foreign currencies, in a move aimed at allowing rupee exports to be…
New Delhi, Aug 20 — Domestic air passenger traffic declined nearly 5 per cent year-on-year in July 2026, with airlines carrying around 1.2 crore passengers during the month, according to data released by the Directorate General of Civil Aviation (DGCA).IndiGo continued to dominate the domestic…
Mumbai, Aug 20 — Around 88.5 per cent of individual traders below the age of 30 incurred losses in futures and options (F&O) trading in FY26, highlighting the significant risks faced by young investors in the equity derivatives market, according to a study by capital markets regulator SEBI.The…
New Delhi, Aug 20 — India and Singapore on Thursday signed two memorandums of understanding (MoUs) and one Letter of Intent (LoI) to strengthen bilateral maritime heritage cooperation, closer ties in the area of food safety and cooperation in the fields of telecommunications and broadcasting…
Washington, Aug 20 — Gujarat Chief Minister Bhupendra Patel departed for New York by train on Thursday with the state delegation after concluding his engagements in Washington, DC, as the state government continues its overseas investment outreach ahead of the Vibrant Gujarat Global Investors…
New Delhi, Aug 20 — The Securities and Exchange Board of India (SEBI) on Thursday eased the onboarding process for foreign portfolio investors (FPIs), allowing them to submit a digitally signed Power of Attorney (PoA) to their custodians.Under the revised framework, an FPI can issue a PoA to its…
Mumbai, Aug 20 — UPI needs a sustainable revenue model to support continued investments in technology, cybersecurity and infrastructure, while the RBI's forward guidance on interest rates reflects concerns over inflation, G. Padmanabhan, former Executive Director of the Reserve Bank of India and…
New Delhi, Aug 20 — India is picking up new advertising formats more quickly than in the past, with AI‑native formats expected to become mainstream in the country within three years, a report said on Thursday.Programmatic advertising took roughly five to seven years to become mainstream in India…
New Delhi, Aug 20 — India must retain zero Merchant Discount Rate on UPI transactions for small merchants and low‑value payments, as affordability has been central to UPI’s rapid adoption and resultant financial inclusion, industry experts said on Thursday.The report from Policy Watch India…
New Delhi, Aug 20 — Insurance regulator IRDAI has barred Niva Bupa Health Insurance from opening new places of business for six months after the insurer breached prescribed limits on expenses of management during the financial year 2024-25, the insurer said on Thursday.Niva Bupa, in a statement,…
Patna, Aug 20 — Union Minister for Agriculture and Rural Development Shivraj Singh Chouhan on Thursday announced the approval of 11,18,937 pucca houses for poor families in Bihar with an allocation of Rs 13,427 crore at the Pradhan Mantri Awas Yojana programme held in the state capital.Taking stock…
New Delhi, Aug 20 — India is offering a transformative growth story built on population‑scale digital rails that link identity, banking, payments and verifiable documents, Union MoS Communications, Dr Chandra Sekhar Pemmasani, said at the BRICS ICT Track on Thursday.Minister Pemmasani told the…
New Delhi, Aug 20 — India's Index of Core Industries (ICI) recorded a 5.4 per cent growth in July this year compared to the same month of the previous year, driven by the strong performance of the iron ore, cement, and electricity sectors, according to figures released by the Ministry of Commerce…