Search For "billi"
UAE: Banking sector sees AED 25 billion surge in new savings deposits over
Updated : 2 years, 3 months ago IST
Savings deposits in the UAE's banking sector, excluding interbank deposits, attracted around AED 25 billion to reach AED270.48 billion at the end of January 2024, compared to about AED USD 245.54 billion in January 2023, with an annual growth of 10.2 per cent, according to the latest stat
Read More
Tesla team to scout locations in India for USD 2-3 billion electric car pl
Updated : 2 years, 3 months ago IST
Tesla Motors will send a team to scout locations in India this month for a proposed USD 2-3 billion electric car plant, Financial Times reported, citing two people with direct knowledge of the electric vehicle company's plans.
Read More
Consumers show faith in UPI, transactions surge by 56%, modest growth of 6
Updated : 2 years, 3 months ago IST
According to the report, the volume of UPI transactions surged to 65.77 billion from 42.09 billion in H2 2022, accompanied by a 44 per cent increase in transaction value, soaring from RS 69.36 trillion to RS 99.68 trillion during the same period.
Read More
"Today's action painting the canvas of tomorrow...": India's top diplomat
Updated : 2 years, 3 months ago IST
Ruchira Kamboj highlighted the significance of Akshaya Patra's milestone achievement of serving 4 billion meals. She conveyed a special message from Prime Minister Narendra Modi, lauding the foundation's unwavering commitment to eradicating hunger and nourishing humanity. The event, held
Read More
"Unconventional, asymmetric warfare will be part of future conventional wa
Updated : 2 years, 3 months ago IST
Defence Minister Rajnath Singh attended the Army Commanders' Conference and reaffirmed the faith of the billion-plus citizens in the Indian Army as one of the most trusted and inspiring organisations in the country.
Read More
Defence sector poised to experience CAGR of 13 per cent from FY23 to FY30:
Updated : 2 years, 3 months ago IST
According to a report by Jefferies, with an estimated domestic defense opportunity ranging between USD 100-120 billion over the next 5-6 years, the sector anticipates a visible 13 per cent industry Compound Annual Growth Rate (CAGR) from FY23 to FY30.
Read More
Trump loses USD 1bn in net worth as stock value of his media firm plunges
Updated : 2 years, 3 months ago IST
In what is being seen as a setback to former US President Donald Trump, who is seeking a fresh term in the White House in the elections later this year, his media venture, Trump Media & Technology Group, experienced a massive plunge in its stock value, resulting in a staggering USD 1
Read More
Israel adopting European standards for importation of electrical products
Updated : 2 years, 3 months ago IST
On Sunday, March 31, 2024, the government approved the proposal of the Minister of Energy and Infrastructure, Eli Cohen, to fully open the electrical products market, which is estimated at 10 billion Shekels (USD 2.75 billion) per year, so that all products that comply with European regulati
Read More
India's defence exports touch record Rs 21,083 crore in 2023-24, up 32.5%
Updated : 2 years, 3 months ago IST
Defence exports have touched a record Rs 21,083 crore (approximately USD 2.63 billion) in the financial year 2023-24, with a growth of 32.5 per cent over the last fiscal when the figure was Rs 15,920 crore, a Ministry of Defence release said.
Read More
Bank of Israel saw USD 8 billion increase in assets in 2023
Updated : 2 years, 3 months ago IST
The Bank of Israel published its financial statements for 2023, reporting that its balance sheet at the end of 2023 was approximately USD 855.4 billion Shekels ($235 billion), an increase of around USD 29.1 billion Shekels (USD 8 billion or 3.5 Per cent more) compared with the balance at the
Read More
Indian business community has collective responsibility to realise Viksit
Updated : 2 years, 3 months ago IST
At present, India's gems and jewellery sector contributes about USD 40 billion in exports annually and employs about 5 million individuals.
Read More
Aligning policies, regulations by India and Europe key to mutual growth: C
Updated : 2 years, 3 months ago IST
Bilateral trade between India and Europe expanded significantly over the last decade, rising to USD 189.27 billion in 2022-23. India's exports to Europe increased to USD 98.27 billion in 2022-23, while imports went up to USD 98.27 billion.
Read More