Indian-Origin Gangster Killed In Canada In Inter-Gang Violence As New Delhi-Ottawa Tensions Continue
The Winnipeg Police said the Major Crimes Unit was investigating a shooting incident in the city. However, the department did not specify any names in its post.
India To Offer Over $2 Billion In Incentives To Boost Manufacturing
Noting that only a fraction of the PLI incentives has been claimed so far, the Indian government is looking to allocate the unused funds in new sectors to boost local manufacturing.
WhatsApp Expands In-Chat Payment Options In India By Adding Rivals' Services
Meta CEO Mark Zuckerberg said it is going to make it easier for people to pay Indian businesses through a WhatsApp chat using whatever method they prefer.
India Asks For More Details From Elon Musk's Starlink For Satellite Internet Approval: Report
Starlink is the third company to apply for a license to start satellite-based internet services in India. OneWeb, backed by Indian telecom carrier Bharti Airtel, and billionaire Mukesh Ambani's Reliance Jio have already received GMPCS licenses from India's telecommunications department.
Top US And Chinese Officials Hold 'Constructive' Talks In Malta Ahead Of A Potential Biden-Xi Meeting
Biden and Xi last held talks in November 2022 on the sidelines of the G20 summit in Bali, Indonesia. Earlier this month, the U.S. leader expressed disappointment that his Chinese counterpart skipped the G20 summit held in India.
US F-35 Fighter Jet Goes Missing Mid-Flight, Search Underway
The pilot survived the incident and is in stable condition at the hospital.
Hong Kong Regulator Issues Warning Against Crypto Firms That Claim To Be 'Banks'
The Hong Kong Monetary Authority said descriptions like "digital bank" and "crypto bank" could mislead people into believing that such businesses are authorized in the region and they could trust their money with them.
Xiaomi Supplier Dixon To Open Factory In India Amid Government's Local Manufacturing Push
Earlier this year, Xiaomi partnered with contract manufacturer Dixon for the production of its smartphones after India called on global companies to invest more in domestic manufacturing.
India, A Digital Payments Leader, Takes Cautious Steps Toward CBDC Adoption
Despite its impressive success in adopting and expanding a digital payments ecosystem, India has been cautious in rolling out its CBDC.
India's 'Massive Expansion,' Promising Apac Outlook To Drive Global Economy, S&P Says
The momentous growth of the Asia Pacific region is largely supported by an efficient supply chain network, regional free-trade agreements, and competitive costs.
India's Digital Public Infrastructure Emerges As New Backbone To Its Economic Growth
India's DPI ecosystem, also known as "India Stack," consists of interconnected and interdependent services such as payment, data sharing, and identity to create opportunities for digital innovation, inclusion, and competition.
China Reportedly Bans iPhone Use For Government Officials Amid US-Sino Tensions
Apple's shares tumbled 3.6% Wednesday after reports of China banning iPhones at central government offices surfaced. It marked the biggest daily decline in a month after rising to 46% this year.
Microsoft Partners With G42 To Strengthen Cloud, AI Services In UAE
Microsoft aims to add more than $39 billion and about 100,000 jobs to the UAE economy over the next four years.
Coinbase Introduces New Crypto Lending Service Aimed At Institutional Investors
It is seen as a milestone in the crypto industry, which has been reeling from several high-profile failures in recent months.
Walmart Increases Its Stake In India's Flipkart With $3.5 Billion Investment
Walmart paid $1.4 billion in July to buy investment firm Tiger Global's remaining stake in Flipkart to strengthen its control in the Indian retailer.
Modi Government To Rename India To Bharat? G20 Invite Sparks Excitement In Country
The speculations began as soon as the Modi government sent out invitations for a G20 dinner in the name of the President of "Bharat" instead of the usual "President of India."
India's Economy 16.5 Years Behind China's, But It's Catching Up Fast
Brokerage firm Bernstein measured the economic gap between India and China on key parameters like nominal gross domestic product (GDP), patents, exports, foreign direct investment (FDI) and forex reserves.
Bybit Introduces AI-Powered TradeGPT To Help Crypto Traders With Market Analysis
In June, Bybit integrated ChatGPT's machine learning and AI capabilities with ToolsGPT to conduct technical market analysis, funding assessment and model predictions.
A Pause In Canada-India Trade Negotiations Could Have 'Dicey Repercussions,' Experts Say
While India's interest lies in duty-free access to textile and leather products, Canada wants the easing of trade norms for dairy and agricultural goods.
Amazon Partners With Indian Railways, Postal Department To Strengthen Cross-Border Logistics
The new collaboration makes Amazon the first such entity to partner with the Dedicated Freight Corridor Corporation of India (DFC) for faster deliveries.
India Makes Exemptions To Its Rice Export Ban To Reduce Impact On Friendly Countries
New Delhi's export exemptions aim to fulfill the rice requirements of import-dependent nations, and show that the restrictions are more nuanced than a blanket ban they are made out to be.
Mukesh Ambani Sets The Stage For Reliance Succession, Appoints All 3 Children To Board
Ambani said he will continue to perform his responsibilities as Chairman and Managing Director of RIL for the next five years.
Taiwan Becomes Key Partner To India As New Delhi Boosts Its Hi-Tech Industry
As tensions rise between China and Taiwan, New Delhi could significantly benefit from Taipei, which produces over 70 percent of the world's semiconductors and 90 percent of the most advanced chips.
Farmers Insurance To Lay Off 2,400 Workers For 'A Future Of Long-Term Profitability And Growth'
The layoffs will take place in various areas across the business, including home, car and life insurance as part of its restructuring plan.
UPS' First Global Technology Centre In India Could Be Game-Changer For Logistics Solutions
The company plans to increase its staff to over 350 by the end of the year and to 1,000 by 2025. It will work with the technology teams of UPS in Europe and the U.S.
T-Mobile To Lay Off 5,000 Employees In Coming Weeks, Citing Increased Costs
The layoffs will largely affect corporate and back-office roles that are "primarily duplicative" or may be aligned to changing systems or processes, or "may not fit" with the company's current priorities.
Qatar Fund's $1B Investment In India's Biggest Retail Network Boosts Its Valuation To $100B
Led by Mukesh Ambani's daughter Isha Ambani, Reliance Retail Ventures was valued at $62.4 billion in 2020 after raising more than $6 billion from foreign investors.
Cypher Announces Recovery Plan After Exploit, Plans To Hold Public Token Sale
Cypher plans to use the proceeds from the token sale to replenish the project's depleted treasury and finance the development of new assets.
Xi Jinping's Unexpected Absence At BRICS Business Forum Raises Eyebrows
While he missed the event, Xi attended a dinner hosted by Ramaphosa later in the evening with leaders of Brazil and India and Russia's foreign minister.
India, Iran Aim To Expedite Development Of Chabahar Port After Resolving Key Issues
India Ports Global Ltd (IPGL) and Aria Banader Iran (ABI) originally signed a contract worth $85 million in 2016 to develop the port, along with a $150 million line of credit.
