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US State Secy Rubio announces USD 4 billion military aid to Israel, revers
Updated : 1 year ago IST
This move reverses the Biden Administration's partial arms embargo, which had withheld certain weapons and ammunition from Israel.
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AI spending in India to grow 2.2x faster than digital tech in 3 yrs, gener
Updated : 1 year ago IST
Spending on Artificial Intelligence technologies will grow at 2.2x the rate of overall digital technology spending in the next three years, generating an India economic impact of over USD 115 billion by the end of 2027, according to a latest report by International Data Corporation (IDC).
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RBIs new governor stand of a flexible rupee led to 1.8pc depreciation agai
Updated : 1 year ago IST
The policy shifts by the RBI in managing the Indian currency against the US Dollar have significantly impacted the Rupee against the dollar, says a report by Union Bank of India.
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Rising Healthcare Costs Drive Demand for Higher Coverage: Turtlemint Sees
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], February 28: The health insurance industry in India is witnessing strong growth, driven by rising healthcare costs and increasing consumer awareness post the COVID-19 pandemic. With medical inflation at an annual rate of 14%, the health insurance market is proje
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Lorien Finance Raises USD 2.25M Pre-Series A to Transform Global Education
Updated : 1 year ago IST
New York [US], February 28: Lorien Finance, a fintech innovator bridging global capital markets with students from emerging economies, has secured $2.25 million in Pre-Series A funding, setting the stage for a transformative shift in education financing worldwide.
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India extends USD 1 million grant for food fortification project in Lao PD
Updated : 1 year ago IST
The Indian government has extended a grant of approximately USD 1 million to the Government of Lao PDR under the India-UN Development Partnership Fund.
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Delhi HC slams Amazon for trademark infringement, orders USD 39 million pe
Updated : 1 year ago IST
The Delhi High Court has ordered Amazon (AMZN.O) to pay USD 39 million in damages for infringing the "Beverly Hills Polo Club" trademark after garments with identical branding were sold on Amazon's India website.
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Indian toy industry on a strong growth trajectory; exports up 40pc, import
Updated : 1 year ago IST
India's toy industry is on a strong growth trajectory, with the potential to capture a larger share of the global toy market, which is projected to reach USD 179.4 billion by 2032, according to a report by Punjab National Bank (PNB).
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Zelenskyy to travel US for USD 350 billion deal on Ukraine's rare earth mi
Updated : 1 year ago IST
After the United States and Ukraine agreed to terms on a deal over natural resources and reconstruction, Volodymyr Zelensky is expected to travel to Washington, DC in the coming days, according to CNN. Negotiations have been ongoing for days over a deal that could grant the US access to U
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Florricks Lifecare Expands Global Footprint with USD 95 Million Investment
Updated : 1 year ago IST
Mumbai (Maharashtra) [India], February 26: Florricks Lifecare Private Limited, a leading research-driven global pharmaceutical company renowned for its innovative R&D, production, and sales of Active Pharmaceutical Ingredients (API) and Finished Dosage Forms across multiple therapeutic a
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Trump announces 'Gold Card' program for wealthy foreigners, offering US re
Updated : 1 year ago IST
US President Donald Trump announced on Tuesday (local time) that the United States will introduce a "gold card" for wealthy foreigners, granting them the right to live and work in the country, with a pathway to citizenship, in exchange for a USD five million fee, CNN reported.
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Indian CRDMO sector set to touch USD 22-25 billion by 2035: Report
Updated : 1 year ago IST
The Indian Contract Research, Development, and Manufacturing Organization (CRDMO) sector is expected to reach to USD 22 to USD 25 billion by 2035, according to a report by Boston Consulting Group (BCG) and Innovative Pharmaceutical Services Organization (IPSO).
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