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  • Trump again asks Apple to start manufacturing in US
    SourcesTrump again asks Apple to start manufacturing in US

    After Apple hinted at increasing the price of its products owing to tariffs on China, US President Donald Trump has once again asked the iPhone maker to shift manufacturing from Beijing to Washington.

    1 year ago
  • India's forex reserves down $1.19 bn
    SourcesIndia's forex reserves down $1.19 bn

    India's foreign exchange (forex) reserves declined by $1.19 billion during the week ended August 31, official data showed on Friday.

    1 year ago
  • Higher trade deficit ups India's Q1 CAD to $15.8 bn
    SourcesHigher trade deficit ups India's Q1 CAD to $15.8 bn

    Indias current account deficit (CAD) at $15.8 billion during the first quarter ending June is higher compared with that in the same quarter a year ago and stood at 2.4 per cent of the GDP owing mainly to increased trade deficit, RBI data showed on Friday.

    1 year ago
  • Indian e-commerce market to cross $100 bn by 2022: Report
    SourcesIndian e-commerce market to cross $100 bn by 2022: Report

    The Indian e-commerce market would become worth over $100 billion by the year 2022, with a growth of around 25 per cent from the current level, a report said on Friday.

    1 year ago
  • Mobiles to pilot airline tickets, hotel bookings in India by 2022: Facebook-KPMG
    SourcesMobiles to pilot airline tickets, hotel bookings in India by 2022: Facebook-KPMG

    With more and more Indians using phones for shopping experiences, nearly 9 in 10 airline ticket purchases and hotel bookings will be mobile influenced in the country by 2022 -- creating a $19 billion and $12 billion sales opportunity for airline and hotel brands respectively, a Facebook-KPMG report revealed on Wednesday.

    1 year ago
  • Google turns 20, to keep building products for everyone
    SourcesGoogle turns 20, to keep building products for everyone

    Google that came into existence 20 years back with its first product Search engine from a garage today has seven products that are used by more than a billion people every month.

    1 year ago
  • Outward FDI continues y-o-y decline for 16th month: RBI
    SourcesOutward FDI continues y-o-y decline for 16th month: RBI

    Investment by Indian companies in their overseas ventures fell year-on-year for 16 months in a row resulting in a cumulative fall of 53 per cent to $25 billion from $54 billion in the year-ago period, as per the Reserve Bank data.

    1 year ago
  • Asia to see 78% spike in meat eating by 2050: Report
    SourcesAsia to see 78% spike in meat eating by 2050: Report

    Population growth and rising incomes across Asia will drive a 78 per cent increase in meat and seafood consumption by 2050, a new report released on Tuesday said. The report -- Charting Asia's Protein Journey' -- by Asia Research and Engagement (ARE) which examines the environmental effects of meeting Asia's growing demand for protein, was released at the Sustainable Food Summit here.

    1 year ago
  • Xi announces $60 bn for Africa
    SourcesXi announces $60 bn for Africa

    China will extend a total of $60 billion of financing to Africa, Chinese President Xi Jinping announced on Monday. The financing will be provided in the form of government assistance as well as investment and financing by financial institutions and companies, Xinhua news agency quoted Xi as saying in a speech at the 2018 Beijing Summit of the Forum on China-Africa Cooperation. The financing includes $15 billion of grants, interest-free loans and concessional loans, $20 billion of credit lines, the setting up of a $10 billion special fund for development financing and a $5-billion special fund for financing imports from Africa.

    1 year ago
  • India's forex reserve up $445mn
    SourcesIndia's forex reserve up $445mn

    India's foreign exchange (forex) reserves rose by $445.4 million during the week ended August 24, official data showed on Friday.

    1 year ago