News for 'Asia-Pacific'

India to become 5th largest economy this year

India to become 5th largest economy this year

Rediff.com3 Jun 2019

India will also play an increasingly important role as one of the Asia-Pacific region's major economic growth engines, helping to drive Asian regional trade and investment flows.

China slams Quad summit as clique, says has no future

China slams Quad summit as clique, says has no future

Rediff.com14 Sep 2021

"Relevant countries should abandon the obsolete Cold War mentality and narrow-minded geopolitical rivalry concept and view correctly and respect people's aspiration in the region and do more things conducive to regional solidarity and cooperation," Chinese foreign ministry spokesman Zhao Lijian said.

'A Global Recession Can Be Avoided'

'A Global Recession Can Be Avoided'

Rediff.com4 Oct 2022

'We continue to believe that the global economy will narrowly avoid a recession, despite expecting the US, Canada, and most of Europe to fall into recession at some point over the next year or so.'

Guess who this actress is!

Guess who this actress is!

Rediff.com4 Dec 2017

Test your filmi gyaan, folks!

Young Indian lawyer elected to UN's top body of legal experts

Young Indian lawyer elected to UN's top body of legal experts

Rediff.com4 Nov 2016

Aniruddha Rajput, 33, is among the 34 individuals elected by the General Assembly as members of the International Law Commission, the UN organ tasked with the progressive development of international law and its codification.

What is Biden trying to tell Modi?

What is Biden trying to tell Modi?

Rediff.com31 Jan 2022

The Modi government has been put on notice.'Will it buckle under such pressure? These are times when the moral fibre of the leadership makes all the difference, observes Ambassador M K Bhadrakumar.

Slowdown? Nah, India home to 1.98 lakh millionaires!

Slowdown? Nah, India home to 1.98 lakh millionaires!

Rediff.com15 Sep 2015

The top four countries account for 60.3% of the total worldwide HNWI population.

India pips US; is 2nd most attractive manufacturing hub globally

India pips US; is 2nd most attractive manufacturing hub globally

Rediff.com24 Aug 2021

India has overtaken the United States (US) to become the second-most sought-after manufacturing destination globally, driven mainly by cost competitiveness, according to real estate consultant Cushman & Wakefield. China remains at number one position, the consultant said in its 2021 Global Manufacturing Risk Index, which assessed the most advantageous locations for global manufacturing among 47 countries in Europe, the Americas and Asia-Pacific (APAC). "India takes the second spot after China as the most sought-after manufacturing destination globally," Cushman and Wakefield said in a statement. The US is at third position, followed by Canada, Czech Republic, Indonesia, Lithuania, Thailand, Malaysia and Poland. In last year's report, the US was at second position while India ranked third.

Beware! Indians are vulnerable to Zika virus: Study

Beware! Indians are vulnerable to Zika virus: Study

Rediff.com2 Sep 2016

High travel volumes from the disease affected areas in the America, presence of mosquitoes capable of transmitting the virus and limited health resources can lead to Zika virus.

Kiran Mazumdar Shaw, 3 others on Forbes philanthropy list

Kiran Mazumdar Shaw, 3 others on Forbes philanthropy list

Rediff.com30 May 2013

The annual list of 'Heroes of Philanthropy', compiled by Forbes Asia magazine, features a total of 48 people from the the Asia-Pacific region, including countries like China, Singapore, Hong Kong and Indonesia.

'Xi's Main Challenge Is Taking Over Taiwan'

'Xi's Main Challenge Is Taking Over Taiwan'

Rediff.com20 Oct 2022

'Even though as Xi will seemingly continue to stay in power beyond his third term, competitions for the post-Xi leadership would be inevitably unfolded beneath the surface of water, and that will be a big headache for Xi the dictator.'

PM Modi, President, Dhoni congratulate Vijender

PM Modi, President, Dhoni congratulate Vijender

Rediff.com17 Jul 2016

President Pranab Mukherjee and Prime Minister Narendra Modicongratulated Vijender Singh on clinching the WBO Asia Pacific Super Middleweight title, saying that the star boxer has made the country proud with his feat.

India had highest number of Internet shutdowns at 109 in 2020

India had highest number of Internet shutdowns at 109 in 2020

Rediff.com4 Mar 2021

From Belarus to Bangladesh, authorities in 29 countries shut down or interfered with the internet at least 155 times in 2020.

IAAF Continental Cup: Historic medal for Arpinder; Neeraj disappoints

IAAF Continental Cup: Historic medal for Arpinder; Neeraj disappoints

Rediff.com9 Sep 2018

Triple jumper Arpinder Singh created history by becoming the first Indian to win a medal in the IAAF Continental Cup as he clinched a bronze but star javelin thrower Neeraj Chopra finished sixth with a below-par show, in Ostrava, Czech Republic, on Sunday.

Ajay Banga to hang up his boots at Mastercard on December 31

Ajay Banga to hang up his boots at Mastercard on December 31

Rediff.com22 Sep 2021

Ajay Banga, one of the topmost Indian-American corporate leaders, and a strong advocate of India-US relationship, would retire from Mastercard at the end of the year, the global credit card company has said.

Myths About Chinese Ship in Sri Lanka

Myths About Chinese Ship in Sri Lanka

Rediff.com24 Aug 2022

The Yuan Wang 5 can easily monitor the Indian coast while operating in international waters. She does not have to enter a port in Sri Lanka to fulfill this mission, points out Commodore Venugopal Menon (retd).

In Sebi's Fire: Vivek & Roopa Kudva

In Sebi's Fire: Vivek & Roopa Kudva

Rediff.com23 Jun 2021

After Chanda and Deepak Kochchar, the Kudvas are the second power couple in the financial world to come under the regulatory glare.

Sensex snaps 4-session winning run, ends 149 pts lower

Sensex snaps 4-session winning run, ends 149 pts lower

Rediff.com22 Oct 2020

IndusInd Bank was the top laggard in the Sensex pack, shedding around 3 per cent, followed by ICICI Bank, Titan, Infosys, HDFC Bank, Nestle India, Sun Pharma and Reliance Industries. The broader NSE Nifty slipped 41.20 points or 0.35 per cent to 11,896.45.

Domestic air traffic set to grow at 10%: Airbus

Domestic air traffic set to grow at 10%: Airbus

Rediff.com24 Sep 2013

Overall, with an above world average traffic growth rate of 5.5 per cent, Asia-Pacific will account for 36 per cent of all new passenger aircraft demand

Economy likely to grow 9% next fiscal: Credit Suisse

Economy likely to grow 9% next fiscal: Credit Suisse

Rediff.com9 Dec 2021

Swiss brokerage Credit Suisse expects the economy to continue to show positive surprises and record up to 9 per cent growth in the next fiscal. For the current financial year too, the brokerage anticipates growth to be higher than the consensus forecast of 8.4-9.5 per cent, and printing in at around 10.5 per cent. As a policy, Credit Suisse does not provide absolute growth numbers in its forecast.

22 hotspots for investment, Indian cities slip

22 hotspots for investment, Indian cities slip

Rediff.com14 Dec 2012

Indian cities have slipped to the bottom of the investment destinations list.

IMD sees no El Nino impact on monsoon

IMD sees no El Nino impact on monsoon

Rediff.com1 Mar 2017

El Nino is often associated with below average warmer, dry weather across Asia Pacific region.

5 smartphones that are CHEAP but fully loaded

5 smartphones that are CHEAP but fully loaded

Rediff.com26 Aug 2013

Like puddles all around in the rainy season, we now have smartphones with five-inch screens for almost everyone.

Salaries in India likely to rise 10%; inflation plays spoilsport

Salaries in India likely to rise 10%; inflation plays spoilsport

Rediff.com15 Nov 2016

Once average inflation for India of 5.7 per cent is taken into account, the projected increase in real terms for 2017 will be 4.3 per cent

'Investment in commercial realty to touch $ 1tn'

'Investment in commercial realty to touch $ 1tn'

Rediff.com23 Jan 2013

The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.

'Investment in commercial realty to touch $ 1tn'

'Investment in commercial realty to touch $ 1tn'

Rediff.com23 Jan 2013

The report estimates that direct commercial real estate transactional market will exceed $1 trillion per annum by 2030, compared with nearly $450 billion in 2012.

How India Can Tackle Security Challenges

How India Can Tackle Security Challenges

Rediff.com9 Jun 2022

India has the ability in all respects to be a great power and address our security challenges in the best national interests, says Commodore Venugopal Menon (retd).

Looking for a second home? UK, Spain among top destinations

Looking for a second home? UK, Spain among top destinations

Rediff.com7 Aug 2020

One in four people surveyed by Knight Frank said they were more likely to move in the next 12 months as a result of the Covid-19 pandemic.

2022: Be Choosy About Stocks

2022: Be Choosy About Stocks

Rediff.com11 Jan 2022

So which sectors are likely to do well in 2022? Should you focus on domestic economy-related sectors or export-oriented ones?

Wipro buys global consultancy firm Capco for $1.45 bn

Wipro buys global consultancy firm Capco for $1.45 bn

Rediff.com4 Mar 2021

Bengaluru-headquartered IT services major Wipro Limited on Thursday announced that it has signed an agreement to acquire Capco, a global management and technology consultancy to the banking and financial services industry, for USD 1.45 billion.

Indians most optimistic in APAC about job, pay rise prospects in 2021

Indians most optimistic in APAC about job, pay rise prospects in 2021

Rediff.com21 Dec 2020

Indians are the most optimistic in Asia Pacific region about job and pay rise prospects in 2021, job site 'Indeed' said on Monday, citing its global study. Indian workers (56 per cent) are more than twice as positive about their chances of getting a pay rise next year compared to their counterparts in Australia (20 per cent) and Singapore (23 per cent). Over one in three Indian workers are very optimistic about their career prospects in 2021, the highest in all countries surveyed, it said.

Equities may come under pressure over next few months

Equities may come under pressure over next few months

Rediff.com3 Jan 2022

As regards India, FIIs have pumped in over Rs 34,400 crore in the Indian stocks in calendar year 2021.

Banks to witness spike in credit costs, NPAs in 2020

Banks to witness spike in credit costs, NPAs in 2020

Rediff.com6 Apr 2020

While banks are not as exposed as the corporate sector during the initial stage of the pandemic, the strain on lenders could ultimately be profound. Banks face a second-order hit compared with the corporate and household sectors.

Marriott's mega India dream: 50 hotels in 5 years

Marriott's mega India dream: 50 hotels in 5 years

Rediff.com27 Nov 2019

The hotels in the pipeline will include a range of Marriott brand portfolios such as JW Marriott, Tribute Portfolio and Sheraton.

Indian M&A activity slumps 83% to $2.9 bn in Jan-Mar

Indian M&A activity slumps 83% to $2.9 bn in Jan-Mar

Rediff.com11 Apr 2013

According to a report by global deal tracking firm mergermarket, M&A activity in the Asia-Pacific region as a whole dropped to $72.9 billion, a decline of 26.1 per cent by value from first quarter of 2012 ($98.6 billion).

For SAP, India, China continue to propel

For SAP, India, China continue to propel

Rediff.com25 Jan 2013

When SAP, the Germany headquartered software solutions provider, reported a stellar fourth quarter numbers on Thursday, Asia-Pacific and Japan was the cherry on the icing with a growth of 22 per cent.

Nifty seen touching 7,000 by end 2013: Goldman Sachs

Nifty seen touching 7,000 by end 2013: Goldman Sachs

Rediff.com7 Jan 2013

Goldman includes Bajaj Auto Ltd and Tata Steel Ltd in its Asia-Pacific growth recovery group of stocks.

S&P projects Indian economy to contract 9%

S&P projects Indian economy to contract 9%

Rediff.com14 Sep 2020

The rating agency said, rising COVID-19 cases in India will keep private spending and investment lower for longer.

Wipro to acquire Australia-based Ampion $117 mn

Wipro to acquire Australia-based Ampion $117 mn

Rediff.com1 Apr 2021

Information technology, consulting and business process services company, Wipro on Thursday announced that it has signed an agreement to acquire Ampion, an Australia-based provider of cyber security, DevOps and quality engineering services. "Ampion has a successful track record and enjoys immense credibility with leading enterprises in the region, a collaborative work culture, and significant local subject matter expertise. "We see Ampion as a complementary force that will help us expand our footprint and accelerate our journey in the Asia Pacific region," CEO APMEA, Wipro, N S Bala said. Wipro's new operating model emphasises strategic investments in focus geographies, proximity to customers, agility, scale and localisation, the Bengaluru-headquartered company said in a statement.