Top Business News Round-Up From Asia
The development of Asia has speed up in the last few years thanks to emerging technology and the integration of AI. Read our Asian news round-up and stay up-to-date with all the latest developments from Asia. Singapore To See Acceleration In Its Economic Growth The Mastercard Economic Institute or MEI, has released a report, and…
Abdullah Ansari
Japan Rocks On New Year
No, it wasn’t alcohol that hit, but earthquake The way 2024 started for Japanese people will undoubtedly be etched in their memory as Japan’s West Coast experienced significant earthquakes and subsequent tsunami warnings on New Year’s Day, leaving a lasting impression on thousands of citizens. Unfortunately, the toll has been severe, with at least 92…
Chandan Kumar
Zomato Faces ₹402 crore Show Cause Notice Over Unpaid GST
The Indian food delivery giant, Zomato, on Wednesday received a show cause notice from the Directorate General of GST over non-payment of GST. The show cause notice was sent to the Gurugram-based food aggregator, demanding the company to answer why they haven’t paid a tax of over ₹402 crore on the food delivery charges along…
Shipra Prajapati
Asia’s Top Business News Round-Up
Asia is one of the highest-growing regions on the planet and every day new developments take place in this region. Read this news to stay up to date with all the latest developments from Asia. Asian Stocks Show Good Performance On Wall Street Asian Stock rose on Wall Street, marking a good year-end performance. Many…
Yash Sharma
India Expects Its Agriculture Exports To Hit $53 Billion
This fiscal year, India reached the milestone of $53 billion in agriculture exports. However, after having banned the export of many agricultural commodities, India still expects the same revenue of $53 billion. The country banned the export of various commodities including rice, wheat and sugar. This export ban is expected to cost the country around…
Vipin
Asian Market Digest And Financial Pulse
Asia has been seeing a surge in its economy for the last few years. On that note, we’ve come up with the top business and financial news from Asia. Make sure to go through the whole read. South Korean Banks See A 23.9% Decline In Net Income The financial supervisor service of Korea has stated…
Aman Goyal
Generative AI To Add $1.5 Trillion In India’s GDP
Nowadays, AI has taken the world by storm, and everybody is talking about incorporating AI into the existing infrastructure and its benefits. In a report named, ‘AIdea of India: Generative AI’s Potential to Accelerate India’s Digital Transformation’, Ernest & Young claimed that Generative AI can potentially add up to $1.5 trillion to India’s Economy by…
Karnataka Government Approves Projects Worth $4.09 Billion
In an attempt to uplift the state’s economy, the Karnataka government has approved 14 investment projects worth $4.09 billion. According to the state authority, these projects have the potential to generate around 13,308 jobs in Karnataka. Out of the 14 approved projects, 10 are brand new, while the remaining 4 are old projects planned to…
JP Morgan To Outsource $520 Billion Custody Business
One of the World’s largest multinational financial services firms, JP Morgan, is looking for another bank to take over its local custody business in Hong Kong and Taiwan, according to a report by Reuters. The total value of clients’ assets under custody in these 2 markets is around $520 billion. However, the exact financial details…
Byju’s Stops PF Credit And Reduces Notice Period
Once valued at a whopping $22 billion, Byju’s has hit the ground. Previously, the founder of Byju’s had put his own house on mortgage to pay his employees’ salaries. Now, the top brass at Byju’s has reduced the mandated notice period for employees. Previously 30 to 60 days, the mandatory notice period has been reduced…
