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Egypt Seeks Trade in Local Currencies with India, Russia, and China-thumnail

Egypt Seeks Trade in Local Currencies with India, Russia, and China

Egypt’s Supply Minister, Ali Moselhy, clarified that there is no existing credit line with India, contrary to earlier reports by Bloomberg News. However, discussions are underway to explore the possibility of using Local currencies other than the US dollar for payments regarding imports. In addition to India, similar conversations are taking place with Russia and China.

Business

Jun 13, 2023

Toyota unveils new battery technology and EV innovations-thumnail

Toyota unveils new battery technology and EV innovations

Toyota Motor stated it would implement high-performance, solid-state batteries as well as other technologies to increase the efficiency and performance of its electric vehicles while lowering their price.

The Japanese automaker Toyota Motor declared that it plans to introduce next-generation batteries starting in 2026, hoping to win over buyers with cars that have greater driving ranges and faster charging periods.

Business

Jun 13, 2023

The Urgent Need to Address Quality Issues in Pharmaceutical Industry in India-thumnail

The Urgent Need to Address Quality Issues in Pharmaceutical Industry in India

For over a decade, the pharmaceutical industry in India has faced growing concerns regarding the quality and safety of its medicines, both domestically and internationally. This issue is particularly alarming as India’s pharmaceutical sector is a significant contributor to the country’s economy and a major supplier of generic medicines to the global market. In this article, we will delve into the pressing need for improved regulatory standards and enhanced accountability within India’s pharmaceutical industry, emphasizing the detrimental consequences of substandard medicines on patients worldwide.

Business

Jun 12, 2023

The Saudi Arabian government signs an agreement with the Chinese electric vehicle company Human Horizons worth $5.6 billion-thumnail

The Saudi Arabian government signs an agreement with the Chinese electric vehicle company Human Horizons worth $5.6 billion

According to a statement from the Saudi state news agency, the Saudi Arabian government has agreed to a $5.6 billion partnership with Chinese electric vehicle manufacturer Human Horizons to work together on the design, production, and marketing of automobiles.

Business

Jun 12, 2023

“Philanthropic Billionaire George Soros Hands Over $25 Billion Empire to Son Alex-thumnail

“Philanthropic Billionaire George Soros Hands Over $25 Billion Empire to Son Alex

“Billionaire George Soros entrusts his $25 billion empire to son Alex, highlighting a potentially influential role in US elections. The 92-year-old philanthropist, known for his significant donations to Democratic causes, addresses concerns over a potential return of Donald Trump. Soros’ decision sparks intrigue and speculation about the future of his vast financial and political influence.”

Business

Jun 12, 2023

Sriram Krishnan will lead the opening of Andreessen Horowitz’s first international office in London-thumnail

Sriram Krishnan will lead the opening of Andreessen Horowitz’s first international office in London

The company said in a statement that the London office, which will open later this year, will engage with institutions in the UK and assist the development of blockchain technology and entrepreneurs. It will be overseen by one of the firm’s general partners, Sriram Krishnan.

Business

Jun 12, 2023

A master application is being developed to make charging electric vehicles more accessible-thumnail

A master application is being developed to make charging electric vehicles more accessible

With the low visibility of Ev charging stations in India, the Centre has developed a master application to locate the remote stations.

Business

Jun 12, 2023

IKEA Group Expands Presence in India with Ingka Investments-thumnail

IKEA Group Expands Presence in India with Ingka Investments

Swedish furniture giant IKEA is set to make India its priority market as it invites its investment arm, Ingka Investments, to establish a presence in the country. This move demonstrates IKEA’s commitment to expanding its operations in India and aligns with Ingka’s plans to finalize the second phase of expansion in the country this year.

Business

Jun 10, 2023

Cotton prices are projected to stabilize as a result of a 9% increase in MSP-thumnail

Cotton prices are projected to stabilize as a result of a 9% increase in MSP

For the 2023-24 marketing season, the Indian government raised the minimum support price (MSP) for cotton by around 9% year on year. Cotton prices, which have plunged by more than

Business

Jun 9, 2023

Meet Charul Jagtap- The tech genius building Suitewise as a stellar product-based software mammoth-thumnail

Meet Charul Jagtap- The tech genius building Suitewise as a stellar product-based software mammoth

Technology is a thriving space where creativity bonds with innovation. We have come so far when it comes to uplifting our lives with the help of technology. From running errands

Business

Jun 9, 2023

“India’s First Pod Taxi Project Receives Green Light for Noida International Airport to Film City Route”-thumnail

“India’s First Pod Taxi Project Receives Green Light for Noida International Airport to Film City Route”

“Uttar Pradesh’s PPP Bid Evaluation Committee has approved the groundbreaking project for India’s inaugural pod taxi system, connecting Noida International Airport and Film City. Tenders are set to be issued soon for the elevated corridor, which will feature 12 stations and an estimated cost of Rs 671 crore.”

Business

Jun 9, 2023

“Odisha Government Approves Rs 3,457 Crore Investment Proposals, Promises Job Creation”-thumnail

“Odisha Government Approves Rs 3,457 Crore Investment Proposals, Promises Job Creation”

Odisha government greenlights investment proposals worth Rs 3,457 crore, generating employment for over 14,000 individuals. The approvals, granted at the State Level Single Window Clearance Authority (SLSWCA) meeting, include projects in sectors such as metal downstream, pharmaceuticals, food processing, cement, textiles, IT, and ESDM. Odisha cements its position as a top investment destination.

Business

Jun 9, 2023


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