The Nepal digest Information about Nepal and India, tibet and more 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 »Indian shares rise as Fed sticks to script
BENGALURU, July 27 (Reuters) – Indian shares gained on Thursday after the U.S. Federal Reserve stuck to script with a 25 basis-point rate hike and said it is no longer forecasting a recession, with pharma and metal stocks getting a further boost from strong quarterly results. The Nifty 50 (.NSEI) …
Read More »India Rising upsets Red Scare in first round
The Red Scare suffered their loss in the first round in five appearances in The Basketball Tournament, falling 77-67 to India Rising on Wednesday at UD Arena. Explore» PHOTOS: Red Scare vs. India Rising The top seed in the Dayton Region, the UD alumni team fell behind by 15 points …
Read More »3rd largest economy in 3rd Modi term? Anatomy of India’s growth | Explained News
Inaugurating the newly built International Exhibition-cum-Convention Centre (IECC), named Bharat Mandapam, in New Delhi on Wednesday, Prime Minister Narendra Modi said that when he took charge in 2014, India was the tenth-largest economy in the world. During his second term as PM, he said, India had become the fifth-largest economy. …
Read More »IMF Chief Economist Urges Reversal of India’s Restriction on Rice Exports
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 »I.N.D.I.A not campaign against Modi but movement against dictatorship: Uddhav
The opposition alliance I.N.D.I.A is not a campaign against Prime Minister Narendra Modi but a fight against dictatorship and the leadership of the coalition is not an immediate issue, Shiv Sena (UBT) head and former Maharashtra chief minister Uddhav Thackeray said. According to him, the main focus now is opposition …
Read More »India to become world’s third largest economy by FY28; two states will break $500-bn mark: SBI Ecowrap
State Bank of India’s Economic Research Department’s report, SBI Ecowrap, said that India is likely to get the tag of the world’s third largest economy by FY28. “The path taken by India since 2014 reveals that India is likely to get the tag of the third largest economy in 2027 …
Read More »EV Makers Eye India as Their Next Big Market — The Information
The world’s major automakers have announced plans to spend tens of billions of dollars on electric vehicle assembly plants, battery gigafactories and mining operations around the world. But they have largely shunned India. Though India is now tied as the world’s third-largest auto market, major carmakers have announced no EV …
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