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South Korea unveils USD 22 billion stimulus budget to revive Korean econom
Updated : 9 months ago IST
Lee Jae Myung, President of South Korea, has introduced a 30.5 trillion won (USD 22.1 billion) supplementary budget proposal aimed at revitalising Korea's flagging economy, reported the Korea Herald, a South Korean English-language daily newspaper, on June 19.
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India's forex reserves inch closer to record high; jumps to $699 billion
Updated : 9 months ago IST
India's foreign exchange reserves (forex) extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13, official data released by the Reserve Bank of India showed.
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Colab Platforms enters Esports Arena; Industry projected to grow to USD 6
Updated : 9 months ago IST
Mumbai (Maharashtra) [India], June 21: In a move to shape the future of digital sports in India, Colab Platforms Limited (BSE: 542866), leading sportstech and gaming company has announced its foray into the billion dollar opportunity - Esports. With a vision to build India's most rewarding c
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Battery storage investment in India expected to cross USD 1 billion in 202
Updated : 9 months ago IST
Battery storage investment in India is expected to cross USD 1 billion in 2025 however, high financing costs remain a challenge, according to a recent report by the International Energy Agency (IEA).
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Alternativa Film Festival 2026 welcomes submissions from India
Updated : 9 months ago IST
New Delhi [India], June 19: Alternativa has announced that the 3rd edition of the Alternativa Film Festival will take place in Colombia in Q2 2026, with an expanded prize fund of 120,000 USD (an increase of 20,000 USD from the previous edition) and a new award category for a feature film fro
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Brent crude prices to remain at USD 70/bbl in FY26 despite Israel-Iran con
Updated : 9 months ago IST
Despite recent volatility and rising conflicts between Israel and Iran, Brent crude oil prices are expected to average around USD 70 per barrel in FY26, according to a report by Emkay Research.
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Surge in oil prices amid middle east tensions poses fresh challenges for I
Updated : 9 months ago IST
Indian airlines are facing renewed pressure on profitability as escalating tensions in the Middle East threaten to push global crude oil prices to USD 100 per barrel, according to a report by Nuvama.
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Surge in crude prices poses risk to India's current account deficit as eve
Updated : 9 months ago IST
Amid rising global crude prices, India's current account deficit (CAD) for FY25 faces an upward risk, as every USD 10 per barrel increase in oil prices can worsen the annual CAD by nearly USD 15 billion, according to a report by Union Bank of India (UBI).
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Fintech Pioneer Amartha Secures $55M from European Development Finance Ins
Updated : 9 months ago IST
Jakarta [Indonesia], June 18: Indonesian fintech pioneer Amartha, a digital financial technology provider which serves Indonesia's rural grassroots entrepreneurs, has secured USD $55 million in funding from three European development finance institutions: Swedfund (Sweden), Finnfund (Finland
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Indian Rupee likely to trade between 85.25-86.25/USD in near term: Bank of
Updated : 9 months ago IST
The Indian rupee is expected to trade in the range of 85.25 to 86.25 against the US dollar in the near term, according to a report by Bank of Baroda.
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Jason Isaacs on receiving equal pay as 'White Lotus' co-stars
Updated : 9 months ago IST
Veteran actor Jason Isaacs recently revealed that every cast member on 'The White Lotus' Season 3 made USD 40,000 an episode, bringing their total pay for the series to around USD 320,000 each.
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India's export rose 2.8% in May at $71.1 billion; trade deficit narrowed
Updated : 9 months ago IST
India's overall exports, merchandise and services combined, in May were to the tune of USD 71.12 billion, a 2.77 per cent rise on a yearly basis, Commerce Ministry data showed on Monday. Same month last year it was USD 69.20 billion.
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