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Industrial material prices fall sharply on concerns about Chinese slowdown
Updated : 2 years, 10 months ago IST
Hot rolled coils listed on the Shanghai Commodity Futures Exchange hit a five-month low of 3,928 yuan (USD 568) per tonne on Wednesday. Hot-rolled thin steel plate is essential for the production of building components and industrial machinery, serving as the benchmark for steel prices in Ch
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Worldwide semiconductor revenue to drop 11 pc in 2023: Gartner
Updated : 2 years, 10 months ago IST
According to the latest forecast from Gartner, in 2022, the market totalled USD 599.6 billion, which was marginal growth of 0.2 per cent from 2021. The short-term outlook for the semiconductor market has deteriorated further. Global semiconductor revenue is forecast to total USD 532 billion
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Pakistan: Decline in textile export hurts livelihoods, economy
Updated : 2 years, 11 months ago IST
Pakistan's ongoing power crisis just added to the problem. Frequent and longer outages and higher energy costs have driven many out of business. This has rendered losses of USD 70 billion to the textile industry alone, reported Asian Lite International.
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Pakistan is the largest recipient of ADB loans in Asia
Updated : 2 years, 11 months ago IST
According to the ADB Annual Report 2022, released on Monday, out of total disbursement of over USD 31.8 billion to 40 countries, Pakistan received loans of USD 5.58 billion.
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India's trade with "Latin America" approaching a volume of "USD 50 billion
Updated : 2 years, 11 months ago IST
While delivering a speech at Dominican Republic, Jaishankar described: How does India approach the world and secure its growing global interest; How is India engaging Latin America; What should India - today's and tomorrow's - mean to you (Dominican Republic).
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India's forex reserves ease after hitting over nine-month highs
Updated : 2 years, 11 months ago IST
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, fell by USD 2.14 billion to USD 514.48 billion.
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Trade turnover between India, Dominican Republic has reached about USD 1 b
Updated : 2 years, 11 months ago IST
Addressing the India-Dominican Republic Business Event in the Dominican Republic, Jaishankar said, "So this is very much, therefore, a diplomatic trip. It is a political trip, but it is, ofcourse, a business trip. Where the Dominican Republic is concerned from a trade we had of USD 12 mil
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Cricket Affairs - A web series buzzing everywhere among youngsters
Updated : 2 years, 11 months ago IST
New Delhi [India], April 28 (ANI/NewsReach): Mango TV, a subsidiary of Navera Digital Media and Marketing Pvt Ltd, is making waves in the Indian Over-the-Top (OTT) market with its fresh, exclusive, and tailor-made shows. With the Indian OTT market expected to reach USD 14.4 billion by 2024,
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Google shuts down over 3,500 loan apps in India for violating norms
Updated : 2 years, 11 months ago IST
According to the blog, Google said, in 2022, it prevented 14 lakh 30 thousand apps from being released on Google Play for violating policies and banned 1,73,000 accounts with fraud and suspicious transactions worth more than USD 200 million. Google said that it regularly revises its policies
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BBC chairman Richard Sharp resigns over loan to former UK PM Boris Johnson
Updated : 2 years, 11 months ago IST
Richard Sharp, the British Broadcasting Corporation's (BBC) chairman, resigned on Friday after it was discovered that he had concealed his role in helping to arrange a loan of roughly USD1 million for former British Prime Minister Boris Johnson, according to CNN.
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Texas missing boy's stepdad stole USD 10K before fleeing to India: Everman
Updated : 2 years, 11 months ago IST
On Tuesday Everman Chief of Police CW Spencer released several new details in the investigation into the search for Noel Rodriguez-Alvarez, a 6-year-old boy who appeared malnourished and unhealthy the last time extended family members said they saw him alive in October 2022.
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Amazon posts USD 3.2-bn profit as it goes through multiple layoffs
Updated : 2 years, 11 months ago IST
The e-commerce giant on Thursday reported a profit of USD 3.2 billion for the first quarter, far exceeding analysts' estimates, CNN Business reported on Friday.
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