American chipmaking giant AMD is looking at India not merely as a market but as a development hub with the company's design centre in Bengaluru beginning to make an important contribution to its products. AMD chief executive officer Lisa Su told media persons that AMD had made a commitment last year to invest $400 million … Read more
Driven by 5G service expansions, the mobile broadband services revenue in the Asia-Pacific region is likely to grow at a compound annual growth rate (CAGR) of 5.2 per cent from $229.6 billion in 2024 to $296.2 billion in 2029, according to a new report. It will mainly be driven by the growing availability and adoption … Read more
As the world moves towards an increasingly digital future, the arrival of 5G technology marks a significant milestone in reshaping business communication and consumer experiences. With its promise of ultra-fast speeds, low latency, and high bandwidth, 5G is not just an upgrade to mobile networks; it’s a transformative force that is expected to revolutionize various … Read more
India has a growing market of electronic toys and to build the domestic toy industry ecosystem, electronics and IT can play a crucial role, the government said on Saturday. This was conveyed during the convocation ceremony of the first batch of engineering graduates, celebrated by the IT Ministry, C-DAC, Indian Toy Industries and LEGO Group, … Read more
With the Bharatiya Janata Party (BJP)-led MahaYuti on its way to a landslide victory in the Maharashtra Assembly polls, the state’s ambition to reach the target of a $1 trillion economy goal got a major fillip, as envisioned by Prime Minister Narendra Modi. In August this year, Maharashtra became the country’s first state to … Read more
From being led in science and innovative research, India is today in a position to lead others across the world, proven by recent success stories accomplished under Prime Minister Narendra Modi, including space sector, biotechnology and vaccine breakthroughs, Union Minister of State (Independent Charge) for Science and Technology, Dr Jitendra Singh, said on Saturday. Addressing … Read more
India’s bilateral trade with the Association of Southeast Asian Nations (ASEAN) saw 5.2 per cent growth to reach $73 billion during the April-October period this fiscal, the government informed on Saturday. ASEAN, as a group, is one of the major trade partners of India with about 11 per cent share in India’s global trade. The … Read more
The Indian startup ecosystem bounced back this week in terms of raising funds, clocking more than 226 per cent surge with securing around $596 million in total. Last week, at least 24 Indian startups secured nearly $182.62 million, led by three growth-stage deals and 19 early-stage deals. Between November 18-23, at least 23 startups … Read more
As Donald Trump returns as the next US President, India could actually bolster its position in global supply chains, particularly in technology sectors like AI and semiconductors, due to previous investments and policy shifts such as the "China+1" strategy, according to a report on Saturday. The potential for higher US corporate tax cuts may … Read more
Most of the state elections are now over, and the market may find stability as government spending will improve in the coming months to meet the FY25 capex target, market experts said on Saturday. The Indian benchmark indices recouped the current week’s losses on Friday with a strong bounce back as investors used the … Read more