Business

Beijing: China is projected to give a significant boost to the world economy, accounting for about a third of global growth in 2023, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Sunday."The robust rebound means...

Ahmedabad: Adani Group on Monday said that it has put on hold the major equipment procurement and site construction activities of Mundra Petrochemicals Limited ( MPL) as financial closure of the project is yet to be obtained."Financial closure of...

Seoul: South Korea has decided to withdraw its complaint filed with the World Trade Organization (WTO) about Japan's trade restrictions as part of an effort to normalize and restart strategic dialogue at various levels, South Korean media reported on...

Mumbai: Radisys Corporation, a wholly owned subsidiary of Jio Platforms, would acquire Mimosa Networks for US$ 60 million on a debt free, cash free basis from Airspan Networks Holdings.Reliance Jio Infocomm USA Inc, a wholly owned step-down subsidiary of...

Mumbai: PNB MetLife, one of India’s leading life insurance companies, has launched PNB MetLife Genius plan, a new solution to help parents financially prepare to support their children’s future.PNB MetLife Genius plan is an individual, non-linked, non-participating, saving, life...

Colombo:  The Colombo Stock Exchange (CSE) rose to a five-month high on Tuesday as local investor sentiment became more optimistic following positive news on the International Monetary Fund (IMF) bailout expected and the rupee strengthening, Sri Lanka's financial press...

Chennai: The Adani Listed Companies have prepaid share backed financing of Rs 7,374 crore (USD 902 million).A company release here Tuesday said "in continuation of promoters’ commitment to reduce the overall promoter leverage backed by Adani Listed Company shares,...

Jakarta: Indonesia's foreign exchange reserves increased to 140.3 billion U.S. dollars at the end of February from 139.4 billion dollars of the previous month, according to Bank Indonesia."Tax receipts and withdrawal of government's foreign loans had an impact on...

New Delhi: The per capita income in India has doubled to Rs 172,000 over the past nine years, according to the latest figures released by the National Statistical Office (NSO) under the Ministry of Statistics and Programme Implementation.The per...

Hyderabad:Foxconn Chairman and CEO Young Liu along with Telangana Industries and IT Minister KT Rama Rao (KTR) on Thursday inaugurated T-Works, a state of the art prototyping facility that would accelerate India’s journey towards becoming a leader in product...