Server revenues from India recorded a 31.3 per cent rise to $9.83 million during the second quarter ended June 2004, while that from Asia-Pacific rim registered a 12.4 per cent rise totalling $1.37 billion
India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia.
A recession is unlikely in the APAC region in the coming year, although the area will face headwinds from higher interest rates and slower global trade growth, Moody's Analytics said on Thursday. In its analysis titled 'APAC Outlook: A Coming Downshift', Moody's said India is headed for slower growth next year more in line with its long-term potential. On the upside, inward investment and productivity gains in technology as well as in agriculture could accelerate growth.
Calling for cooperation among Asia Pacific countries to tackle the global economic uncertainty, Prime Minister Manmohan Singh on Thursday said the vast growth potential of India and these nations can be realised only by inculcating a "collective temper".
India's leading software company, Wipro Limited, on Wednesday said it was looking at setting up an offshore business process outsourcing centre in one of the Asia-Pacific countries.
The 2024 T20 World Cup will be played in a different format in which 20 participating countries will be divided into four groups of five teams each and the first round will be followed by the Super 8 stage.
Moody's Investors Service on Monday said the bank capital will moderately fall in emerging Asia over the next two years, with India seeing larger capital decline without further infusion. In a report, Moody's said the uncertain trajectory of asset quality is one of the biggest threats for emerging market banks, as operating conditions remain challenging amid the current COVID pandemic.
The general elections in April/May 2024 are expected to add volatility to the Indian markets, keeping investors on their toes.
India's security software market is expected to have an annual growth rate of 29 per cent till 2009, according to research and analyst firm IDC.
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
Across all industries in India, almost 87 per cent of respondents plan to allocate a larger portion of their budget to high performers
India has the third highest number of billionaires in the world after the US and China, according to a new list by the prestigious Forbes magazine, which said Reliance Industries chairman Mukesh Ambani reclaimed his spot as Asia's richest person, dethroning Chinese business tycoon Jack Ma who was the richest person in the region a year ago.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
An Internet cafe, a brainchild of sherpa Tsering Gyalzen, started functioning last week.
UTStarcom Inc, a provider of IP access networking and services, on Wednesday announced the opening of its technical support centre for the Asia-Pacific region in Gurgaon, near New Delhi.
Ukrainian President Volodymyr Zelenskyy told the United Nations Security Council that 'we have to prepare' the second peace summit to end the Russia-Ukraine war 'altogether' and he has invited India and other countries to join the peace process.
Indian external storage market in the first half of 2002 totalled $36.5 million ahead of Hong Kong, which had a revenue of $28.5 million, according to the Garter Dataquest's Asia-Pacific research.
It will start four flights a week to Hyderabad from Hong Kong in December, while its wholly-owned subsidiary Dragonair will commence a similar service to Kolkata from November.
This year's US Open runs from Aug. 28-Sept. 10.
According to the global professional services company, the sharp fall in the value of the rupee against the US dollar in 2013 contributed to reducing labour costs in India.
'Trump's disregard for norms and institutions could prove very costly for America's social fabric.'
People are interested in the strength of India's economy, the country's stability, and the opportunities, says Stuart Tait, regional head of commercial banking, Asia-Pacific at HSBC.
Pakistan has been scrambling in recent months to avoid being added to a list of countries deemed non-compliant with anti-money laundering and terrorist financing regulations.
United States President Barack Obama will visit Asia in April next year, to push closer ties, but India is unlikely to be part of his stopovers given that the country could very well be in the middle of a general election.
The Trump regime has informed the Congress that it 'strongly supports' transfers of F-18 and F-16 fighter proposals put forth by Boeing and Lockheed Martin respectively.
Consulting and IT services giant Accenture announced two new services - digital and strategy - and key appointments to enhance its position in growth markets like Asia Pacific, Africa and Latin America.
Over half, or 269 NSE 500 stocks, have given over 10-fold (10x) returns in the last two decades, finds a recent report by Goldman Sachs that analysed 10 major markets across emerging and developed markets (EM/DM) that covered 6,700 stocks. The report examined '10-baggers' - stocks that have generated at least 10x total returns within a rolling 5-year period over the past two decades. Some of the prominent ones that comprise these 269 stocks in the Indian context stocks that delivered over 10x total returns over a 5-year rolling period since 2000 as per Goldman Sachs includes Westlife Foodworld, Bharti Airtel, Adani Total Gas, Patanjali Foods, Larsen & Toubro, BEML, Blue Star, Shree Cement, Lupin, Godrej Industries, Astral, Adani Enterprises, Hindustan Petroleum and Deepak Fertilisers.
A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.
The Biden administration's failure in stopping two major wars and several minor ones was seen as a major disaster by many Americans and the world at large, observes Ambassador T P Sreenivasan.
According to IFJ's list for 2018, armed conflict and militant extremism accounted for most journalists' killings.
32 per cent employees from India were concerned about not having access to the right technology assets to be productive and 30 per cent cited the blurring boundary between work and personal lives as the top concerns should remote work arrangements continue long-term.
'Trump will absolutely back New Delhi on its position that Pakistan must do more to crack down on terrorists that threaten India.'
'We have focused on it quarter after quarter and started to build the pipeline.'
Sitharaman said the notion that across the board in India, violence against Muslims is happening is a fallacy.
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