Google says its AI models are being used across sectors in India, from improving maternal health programmes and streamlining patient-care to supporting agri-tech solutions and advancing the country's sovereign AI efforts.
India will argue for Pakistan's return to the Financial Action Task Force (FATF) grey list due to its alleged failure to combat money laundering and terror financing. The move comes after recent tensions between the two countries following a terror attack in Pahalgam, India. India believes Pakistan has not adequately addressed the issue of terrorism emanating from its territory and has diverted funds from multilateral agencies towards arms purchases.
'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'
Amazon will invest more than Rs 2,000 crore (about $233 million) in India in 2025 as it strengthens its logistics and safety standards, said the ecommerce company on Thursday.
Unemployment level in India and other South Asian countries remained static for a decade since 1993 despite trade rising from 20 to 34 per cent of GDP in the last 13 years.
Thirteen Indian technology firms have been named among the top 100 in the Asia-Pacific region by global media company Red Herring, even as China dominates with 37 names.
India's Venture Capital (VC) ecosystem exhibited robust growth in 2024, with funding surging 43 per cent year-on-year to $13.7 billion, according to a report. This recovery was fuelled by a 45 per cent rise in deal activity, with 1,270 transactions recorded, reinforcing India's position as the second largest market for venture capital and growth funding in the Asia-Pacific region, the report by Bain & Company and IVCA said.
The 'Maratha Military Landscapes', representing the Maratha rulers' fortification and military system, has been inscribed on the UNESCO World Heritage List, marking India's 44th property to receive this recognition.
Emerging Asia - China, India, Indonesia and Thailand - is fast becoming the main engine of growth in the Asia-Pacific region.
Can Imperial Japan be forgiven for what it did to Indian soldiers it was supposed to protect as PoWs?
Here is what you need to know about the year's Australian Open:
In a clear message to China, President Barack Obama on Thursday said that United States will maintain its military presence in the Asia-Pacific region despite budget cuts, saying that America was "here to stay" as a Pacific power.
United States President Joe Biden has once again called his Chinese counterpart Xi Jinping a 'dictator', just hours after they met for the first time in more than a year and held candid and productive discussions to revive bilateral ties.
As it winds down its retail bank in the country, American lender Citi on Tuesday said it will be hiring 80 bankers in India over the next three years for its commercial banking vertical. The move is part of a plan to hire 350 bankers in Citi Commercial Bank Asia Pacific over the next three years, as per a statement. As per reports, the bank, which had taken a decision to exit the retail banking business in most of the markets globally, is in advanced stage of selling the business in India, with Axis Bank leading the race.
Embraer sees a lot of opportunities in India in the commercial and business jets as well as military aircraft and eVTOL segments, its CEO Francisco Gomes Neto has said as the Brazilian seeks to strengthen its foot print in the fast growing Indian market. Besides, the company is in talks with IndiGo and Air India to explore the possibility of selling its E-2 aircraft, which can have up to 146 seats.
Let's revisit the landmark women and moments from India's Miss World history.
Scotland, veterans of six previous T20 World Cup editions, were the big losers, failing to secure their spot for the 20-team tournament, losing to Jersey who chased down 134 in a last-ball victory. But Scotland also needed Italy to win.
'India is too important to the United States for there to be any kind of a permanent bump in the relationship.'
The death toll included over 450 from intense heat wave last summer, according to the World Meteorological Organization.
India is among the three least-favoured Asian stock markets, according to BofA Securities whose survey found that 10 per cent of fund managers are underweight on Indian equities from a 12-month perspective.
President Biden underscored that the United States will 'continue to stand up for its interests and values and, together with our allies and partners, ensure the rules of the road for the 21st century advance an international system that is free, open, and fair', the White House said in a readout of the meeting.
Global rating agency Standard & Poor's on Thursday warned Asia may see lower growth this year due to adverse impact of oil price pressure and tsunami, but said India will be an 'exception.'
S&P Global Ratings on Monday kept its forecast for India's economic growth unchanged at 6 per cent in the fiscal year starting April 1, before rising to 6.9 per cent in the following year. In the quarterly economic update for Asia-Pacific, S&P saw inflation rate easing to 5 per cent in 2023-24 fiscal, from 6.8 per cent in the current financial year. It saw India's gross domestic product (GDP) likely growing by 7 per cent in the current financial year ending March 31 (2022-23), before slowing to 6 per cent in the next 2023-24 fiscal.
Filling of Rs 100 and Rs 200 notes result in faster depletion and more frequent cash replenishment. This will cost banks and managed service providers more.
Mergers and acquisitions (M&As) in India have moved into the slow lane, dropping 43 per cent in terms of deal value to touch $13.37 billion since January this year to date, compared to the same period in the last year. According to data sourced from Bloomberg, Indian companies reported deal value worth $23.5 billion between January and March 22, 2023. Data Infrastructure Trust's acquisition of American Tower Corporation's India telecom towers business for $2.5 billion was the top deal for the ongoing quarter so far, followed by the Highway Infrastructure Trust's acquisition of PNC Infratech's road projects for $1.08 billion.
The FATF statement comes in the backdrop of Indian authorities highlighting Pakistan's persistent support for terrorism and its funnelling of multilateral funds for arms procurement.
Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service.
India's micro, small and medium enterprises (MSMEs) - which contribute over 45 per cent to outbound shipments - are facing a major disruption following the United States (US) decision to impose 50 per cent additional tariffs on the country's exports. MSME industry bodies have raised an alarm over the deep impact, seeking immediate government intervention.
As a protege of Shinzo Abe, Takaichi is expected to scale bilateral ties much higher. Trade and investment shall grow. People-to-people contacts shall be scaled up, points out Dr Rajaram Panda.
India has become the largest market for Visa debit and pre-paid cards in Asia-Pacific with about 3.39 crore card-holders in 2006, accounting for about 34 per cent of the company's total customer-base of 10 crore in the region.
In the ongoing saga of senior management resignations, Wipro announced on Monday that its chief technology officer (CTO) Subha Tatavarti has resigned. Her resignation will be effective from August 16, 2024. In a regulatory filing, the company said: "Subha Tatavarti, CTO, resigned from the services of the company to pursue opportunities outside Wipro."
'Trump is not shy when he is frustrated with countries'
Growth in the east Asia region would be dragged down by the poor performance of countries like Thailand, Singapore and Malaysia.
In India, fast-moving consumer goods (FMCG) majors continue to hold sway, with incumbent brands cornering 65 per cent of the market share, shows a Bain & Company report. While identifying the continued preference of Indians for incumbent brands, the report says that the dominance of general trade in the country has allowed national brands to maintain their supremacy. The low penetration of e-commerce in the country has also helped large brands.
As the world climbs out of the deepest recession in recent history, Asia is leading the global recovery.
The Quad also vowed to work towards a free, open and prosperous Indo-Pacific, a region that has seen increasing Chinese military muscle-flexing in the last few years.
US President Joe Biden is set to meet his Chinese counterpart on Wednesday in the San Francisco Bay Area, CNN reported, citing senior US administration officials.
'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.'
'Things may get much worse before they get better,' predicts Ajay Chhibber.
