New Delhi: Chief economist at the International Monetary Fund (IMF) Pierre-Olivier Gourinchas on Tuesday (July 25) said that India’s restriction on exports of non-basmati rice could exacerbate global food price inflation and should be reversed, the Business Standard reported. Gourinchas, while addressing a news conference, said that the move would …
Read More »Air India Aiming For 300% Cargo Capacity Growth In The Next 5 Years
Summary Air India is focused on expanding its freight and cargo ecosystem, with plans to increase cargo revenue through the growing belly capacity of its fleet over the next five years. The addition of new widebody aircraft to Air India’s fleet will support India’s manufacturing and export growth, generating greater …
Read More »Tata Group’s Air India plans to start flights to Los Angeles, Boston | Business News
Tata Group-owned Air India is planning to operate flights to more US cities, including Los Angeles, and is assessing various metrics, according to sources. Currently, the airline operates non-stop flights to five American cities — Washington, DC, New York, New Jersey, Chicago and San Francisco. Los Angeles and Boston are …
Read More »No dearth of negative people, still India will be among world’s top-3 economies in my third term: PM Modi’s veiled attack at Opposition : The Tribune India
Tribune News Service Aditi Tandon New Delhi, July 26 Hours after the opposition moved a no confidence motion against him in the Lok Sabha, Prime Minister Narendra Modi took a veiled dig at the group saying there was “no death of negative people in the country”, even as he said …
Read More »Foxconn unit in talks for $200 mln components plant in India’s Tamil Nadu -sources
CHENNAI, India, July 26 (Reuters) – A Foxconn (2317.TW) subsidiary is in talks with India’s Tamil Nadu state to invest up to $200 million to build a new plant for electronic components in the southern region, two sources with direct knowledge told Reuters on Wednesday. Brand Cheng, CEO of Foxconn …
Read More »India’s Tech Mahindra’s shares hit over 1-mth low on Q1 profit fall
BENGALURU, July 27 (Reuters) – Shares of India’s Tech Mahindra (TEML.NS) fell as much as 5.3% on Thursday, their lowest since June 19, a day after the IT services firm posted a surprise drop in quarterly profit as challenging macroeconomic conditions forced clients to curb spending. Tech Mahindra on Wednesday …
Read More »Oppenheimer box office collection Day 6: Christopher Nolan’s film makes over Rs 67 crore in less than a week, India remains third-biggest market in the world | Hollywood News
Christopher Nolan’s Oppenheimer has been enjoying a great run in Indian cinemas. After earning Rs 62 crore in the first five days, Oppenheimer earned Rs 5.85 crore on its sixth day in theatres, as per industry tracker Sacnilk. This brings the film’s nett collection in India to Rs 67.85 crore. …
Read More »BlackRock returns to India, joins forces with tycoon Ambani’s Jio Financial
The BlackRock logo is displayed at their headquarters on November 14, 2022 in New York City. BlackRock and Saudi Arabia’s sovereign wealth fund signed an agreement to jointly explore infrastructure projects in the Middle East. Leonardo Munoz | Getty Images BlackRock has joined forces with the financial services arm of …
Read More »Cricket’s ‘superpower’: India rises from ashes of old game
For many fans, the Ashes series between England and Australia has been the pinnacle of cricket. Since the 19th century, the two traditional powerhouses have faced off in back-to-back multiday test matches, gruelling contests of skill that have made cricket lore. Yet the buzz around this summer’s Ashes disguises that …
Read More »Semicon India 2023: How government’s support and will built the semiconductor industry
The second edition of Semicon India, the annual conference by India Semiconductor Mission (ISM), comes at a critical time. The global semiconductor industry is going through changes forced by rapidly advancing technologies, evolving supply chains and a shifting geopolitical landscape. This conference will further the remarkable progress made in Indian …
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