India has emerged as the brightest spot in the Asia Pacific region as reform has picked up pace in the country in recent months, a top credit rating agency has said.
In front of a packed arena, in his first pro bout that lasted all ten rounds, Vijender Singh beat Kerry Hopes 98-92-98-92 and 100-92 in a close contest to win the WBO Asia Pacific super middleweight title fight in New Delhi on Saturday.
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.
Apple will source the majority of the iPhone sold in the US from India in the June quarter while China will produce the vast majority of the devices for other markets amid uncertainty over tax tariffs, a top official said on Friday.
The airport, which handles around 24 million passengers per year, was also ranked fourth in the category of airports witnessing 15 to 25 million footfalls by Switzerland-based Airport Council International for the year 2009. The ACI every year conducts survey of the airport service quality of 1,633 airports in 179 countries.
European aircraft maker Airbus expects the Asia-Pacific region to overtake the United States and Europe as the world's largest air transport market in the next 20 years.
The Asia-Pacific head of United States-based cab service Uber was questioned by the police for the second consecutive day on Wednesday in connection with the rape of a 27-year-old finance executive by the company's driver, during which he was asked about details of their safety features, details of drivers among others.
As the largest producer of vaccines in the world, with 60 per cent of the global share, India is well-positioned to use its existing manufacturing capabilities to contribute to mass vaccine production and distribution needs for other countries in addition to meeting its domestic requirements, said Moody's.
Kapil Dev, one shot off the lead after two rounds, faltered in the third and final round to finish 13th at the Asia Pacific Senior Amateur Championship at Discovery Bay Golf Club in Hong Kong.
A survey has revealed that Asia Pacific outsourcing market has grown substantially in 2007.
The global market volatility notwithstanding, investment advisers are confident of good performance in equities and consider European markets except the UK to perform the best in short-term.
India continues to be the fastest growing smartphone market in the Asia Pacific region.
The wide gap in national income held by the ultra-rich and the poor is striking.
"The President very much welcomes India's Look East approach. We believe that just as the United States, as a Pacific Ocean power, is going to be deeply engaged in the future of East Asia, so should India as an Indian Ocean power and as an Asian nation," Deputy National Security Advisor for Strategic Communication Ben Rhodes said.
Indian golfer Shiv Kapur picked up the biggest cheque of the year after finishing tied fourth with a superb four-under 67 in the final round of the Asia-Pacific Panasonic Open in Hyogo, Japan on Sunday.
Boosted by good sales coming from emerging markets like India and China, Philips said on Friday it will look for acquisitions in the Asia-Pacific region to maintain its growth momentum for its lighting business.
The five-day event, scheduled from July 18 to 22 at Kochi, Kerala, will be attended by Finance Minister Pranab Mukherjee, who will make the opening address on July 19, an official statement said.
Parliamentary Affairs Minister Kiren Rijiju on Monday urged all political parties, including the Congress, to unite against anti-India forces, and raise their voice if they find their leaders working against the country's interest.
Indian Oil Corporation has emerged as the top company in oil trading amongst national oil companies in the Asia Pacific region, as per the annual survey conducted by Applied Trading Systems, Singapore for the year 2003.
Asia-Pacific countries are well set for an unprecedented boom in smart cards after the saturation of European and American markets, Claude Dahan, a senior official of French company, Schlumberger, said on Monday.
Defaults could climb to double digits in 2009, barring a material improvement in market conditions in the second half of next year, according to an S&P report on Asia-Pacific markets.
Vijender Singh knocked out Tanzanian Francis Cheka inside 3 rounds to defended his WBO Asia Pacific Super Middleweight title on Saturday.
The Indian Institute of Management Ahmedabad has been ranked second in the list of top business schools from which Asia-Pacific employers most prefer to recruit executives.
United States Deputy Secretary of States William J Burns addressed a lecture on 'US-India partnership in an Asia-Pacific century' at the University of Pune on Friday. We present edited excerpts from his speech.
Indian and Russian officials have discussed Indian-Russian cargo transit along the Northern Sea route, joint projects in Arctic shipbuilding and possible training of Indian sailors for polar navigation.
Singapore-based SkyQuestCom received the Deloitte Fast Tech 500 award for being the seventh fastest growing company in the Asia Pacific region. \n
India has become the second biggest borrower in Asia Pacific by borrowing over $3.7 billion for project financing since the beginning of 2006, taking a big jump from its 10th position last year.
Rachel Gupta had done India proud by winning the first ever Miss Grand International title for India in the 11 year old competition.
Maruti Udyog Limited continued to lead the Indian automotive market in customer satisfaction and dealer service bagging the J D Power Asia Pacific 2002 award for the category for the third consecutive year, while two Hyundai models bagged the awards.
S&P Global Ratings on Wednesday said the impact of the US reciprocal tariff will be limited on India as the economy is domestically oriented with less reliance on exports. YeeFarn Phua, Director, Sovereigns and International Public Finance Ratings, Asia-Pacific S&P Global also said India will clock a 6.7-6.8 per cent GDP growth over the next two years.
The company's Indian subsidiary General Motors India has already announced a total of $500 million investments in the country to set up new car and power-train manufacturing facilities and it will be hiring 500 people in the second-half of next year. The company, which employs a total of 1,600 people in its engineering and research and development centre at Bangalore, will be enhancing the manpower strength there.
Significantly, IIM-B at sixth place has improved on its ranking from the ninth place it received in the previous 2007-08 report. The survey also states that the average GMAT score of students enrolled in the Post-Graduate Programme in Management at IIM-B is 780, which is the highest in the entire region.
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.
Nominating Das, the Banker magazine, which announced the award, said India's banks have faced a series of challenges, from non-performing loans to issues around fraud. Faced with these challenges, Shaktikanta Das has taken steps to bring banking in India up to standard via a restrained approach to governance.
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