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BUSINESS

BOK likely to raise S. Korea's 2026 growth estimate to over 3 pc
BUSINESS

BOK likely to raise S. Korea's 2026 growth estimate to over 3 pc

Seoul, Aug 23 — The Bank of Korea (BOK) is expected to raise its growth outlook for the South Korean economy this year to over 3 percent, economic experts here said on Sunday, citing stronger-than-expected semiconductor exports and recovering domestic demand.According to a recent survey on six…

Aadhaar biometric update for children free till Sept 30: UIDAI
BUSINESS

Aadhaar biometric update for children free till Sept 30: UIDAI

New Delhi, Aug 22 — The mandatory Aadhaar biometric update for children aged 5 to 17 years will remain free of cost until September 30, the Unique Identification Authority of India (UIDAI) has said, while urging parents and guardians to complete the process within the stipulated period.UIDAI has…

Escorts Kubota bets big on India plant to drive global tractor exports
WORLD

Escorts Kubota bets big on India plant to drive global tractor exports

New Delhi, Aug 22 — Farm and construction equipment maker Escorts Kubota -- jointly controlled by Japan’s Kubota and India’s Escorts -- plans to significantly expand manufacturing capacity in the country as it targets higher exports to Europe, Africa and eventually North America, according to a…

Gold posts nearly 5 pc weekly gain as US dollar weakens
BUSINESS

Gold posts nearly 5 pc weekly gain as US dollar weakens

New Delhi, Aug 22 — Gold prices surged nearly 5 per cent on a weekly basis, gaining support from a weaker US dollar and reduced expectations of an imminent Federal Reserve rate hike.On Friday, MCX gold futures (October) were flat while MCX silver futures for September advanced 1.28 per cent. The…