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Israel: Billions allocated to upgrade airports
Updated : 1 year, 6 months ago IST
The budget is intended for upgrading and expanding Israel's aviation infrastructure, mainly Ben Gurion Airport, but also includes significant investments in Ramon Airport in the Negev and Haifa Airport, as well as for developing land border crossings as a bridge to peace.
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Adani Enterprises to exit Adani Wilmar JV, to raise USD 2 billion
Updated : 1 year, 6 months ago IST
Adani Enterprises on Monday informed stock exchanges that it will sell 13 per cent of Adani Wilmar to achieve minimum public shareholding requirements and Wilmar International has agreed to acquire 31 per cent held by Adani Enterprises in Adani Wilmar.
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India's manufacturing sector's contribution to GVA will surge to 21 pc by
Updated : 1 year, 6 months ago IST
The manufacturing sector in the country is poised for significant growth, with its contribution to the Gross Value Added (GVA) expected to rise from the current 14 per cent (USD 459 billion) to 21 per cent (USD 1,557 billion) by 2032.
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Taiwan: Legislature proposes law against forced organ harvesting
Updated : 1 year, 6 months ago IST
Taiwanese lawmakers have proposed a bill to tackle forced organ harvesting, a growing crime globally, particularly in China. The bill suggests severe penalties, including life imprisonment and the death penalty, for those involved. It also includes measures to protect whistle-blowers and pre
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Israel: Government increasing grants to local authorities by hundreds of m
Updated : 1 year, 6 months ago IST
The balancing grants provided by the Ministry of the Interior, which the Ministry says are a key tool for reducing gaps between local authorities and ensuring a basic level of services for Israeli residents, will be significantly increased. In 2024, an additional 350 million Shekels (USD 95
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Syria's Jewish Community: USD 10 Billion lost to persecution, confiscation
Updated : 1 year, 6 months ago IST
A new report detailing the financial losses of Jewish refugees from Syria estimates that the community lost USD 10 billion, driven out of the country by state-sponsored discrimination and persecution.
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Pakistan: Zardari assures JUI-F of early resolution of Madrassa Bill
Updated : 1 year, 6 months ago IST
Pak President Asif Zardari and PPP Chairman Bilawal Bhutto Zardari met with a JUI-F delegation led by Allama Rashid Mahmood Soomro, discussing concerns over the Madrassa Bill, law and order in Sindh, and the political situation. Zardari and Bilawal assured JUI-F of resolving the issues relat
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If FPIs outflows remain constant, India's BoP will be neutral for FY25: Re
Updated : 1 year, 6 months ago IST
India's current account deficit (CAD) widened slightly to USD 11.2bn (1.2% of GDP) in Q2 from USD 10.2bn (1.1% of GDP) in the previous quarter. However, there was a Balance of Payments (BoP) surplus of USD 23.8 billion was there in the first half (H1).
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Public finance of GCC countries witnessed significant financial surplus in
Updated : 1 year, 6 months ago IST
The GCC countries reported significant financial surpluses in 2022 and 2023, totaling USD 134 billion and USD 2 billion, respectively, according to GCC-Stat. Public debt stabilised at 28 per cent of GDP and is projected to remain steady through 2025. Credit rating agencies highlighted improv
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Kazakhstan tops regional investment with USD 15.7 billion in 2024
Updated : 1 year, 6 months ago IST
Kazakhstan has emerged as the leading investment destination in North and Central Asia, attracting USD 15.7 billion in foreign direct investment (FDI) in 2024, according to a recent ESCAP report. This marks an 88 per cent increase year-on-year, with significant contributions from Qatar's USD
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India's electronics sector eyes major growth, with 12 million jobs project
Updated : 1 year, 6 months ago IST
Achieving this goal will require the sector to expand fivefold in the next five years, addressing a USD 400 billion production gap. Presently, the industry's domestic production stands at USD 101 billion, with mobile phones accounting for 43 per cent of this output.
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JSW Energy acquires 4,696 mw renewable energy platform from O2 power for R
Updated : 1 year, 6 months ago IST
Valued at approximately Rs12,468 crores (around USD 1.47 billion), will significantly boost JSW Energy's renewable energy capacity. The acquisition, subject to approval by the Competition Commission of India (CCI) and other customary approvals, includes O2 Power Midco Holdings Pte. Ltd. and
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