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Singapore to maintain currency policy

Oct 14, 2024

Singapore, Oct 14 (IANS) The Singapore dollar will maintain the prevailing rate of appreciation when the economy picks up growth momentum and inflation steps down, the Monetary Authority of Singapore (MAS) announced on Monday.The global economy remains broadly resilient. Singapore's growth is expected to be sustained by the ongoing upswing in the…

India enters top league globally in filing 6G tech patents

Oct 14, 2024

New Delhi, Oct 14 (IANS) After successfully deploying 5G across the nation in record time, India is fast advancing on 6G technology, and now ranks in the top league when it comes to filing patents related to 6G.The country now ranks among…

Business

Stock markets open in green, Sensex gains 300 points

Oct 14, 2024

Mumbai, Oct 14 (IANS) The Indian stock market indices opened in green on Monday with Sensex trading at 81,690.83 after rising 309 points or 0.38 per cent at 9.18 a.m. At the same time, Nifty was trading at 25,062.9 after rising 98.70 points…

Business

India surpasses 200 GW-mark in renewable energy production

Oct 14, 2024

New Delhi, Oct 14 (IANS) Led by solar and wind energy, India has crossed the 200 gigawatt (GW)-mark in renewable energy (RE) production in the month of September.As per latest data from the Central Electricity Authority (CEA), the renewable…

Business

KG Mobility, Renault Korea threaten Hyundai, Kia in midsize SUV market

Oct 14, 2024

Seoul, Oct 14 (IANS) KG Mobility and Renault Korea Motors have made strong challenges with their new models in the midsize SUV segment, which has been largely dominated by Hyundai Motor Group, according to industry data on Monday.According…

Business

Top biz leaders attend private wedding of SK Group’s younger daughter

Oct 14, 2024

Seoul, Oct 13 (IANS) Top South Korean business leaders, including Samsung Chairman Lee Jae-yong, attended the wedding of SK Chairman Chey Tae-won's daughter on Sunday, an event that also marked Chey's first public appearance with his…

Business

Over 30 countries to explore $117 billion untapped export potential for India

Oct 13, 2024

Mumbai, Oct 13 (IANS) Highlighting the $117 billion untapped export potential for India, more than 30 countries are set to participate in the fifth edition of 'World Trade Expo' in the financial capital from October 17-18.India has untapped…

Business

USISPF’s ‘India Leadership Summit 2024’ to deepen economic, tech ties

Oct 13, 2024

New Delhi, Oct 13 (IANS) In a bid to enhance bilateral trade, supply chains, semiconductor investment, AI and next-gen technologies, the US-India Strategic Partnership Forum (USISPF) is set to host its annual 'India Leadership Summit 2024'…

Business

Market Outlook: Q2 results, FIIs and CPI data key factors for next week

Oct 13, 2024

Mumbai, Oct 13 (IANS) The market outlook for next week will be guided by the major domestic and global economic data such as India WPI Inflation (YoY) (Sep), India CPI (YoY) (Sep), India Bank Loan Growth and Deposit Growth, Indian companies…

Business

Zypp Electric’s losses surge 2.2 times to Rs 91 crore in FY24

Oct 13, 2024

New Delhi, Oct 13 (IANS) Tech-enabled electric vehicle (EV) company Zypp Electric saw its losses increase 2.2 times to Rs 91 crore in FY24, up from Rs 40 crore in the previous fiscal.The EV-as-a-service platform saw its EBITDA margin stood…

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