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India Emerged As The Fastest Growing Passenger Market

India Emerged As The Fastest Growing Passenger Market

India’s domestic airline capacity has skyrocketed by 100% in the past decade, propelling it to the third spot in the global passenger market, just behind the USA and China. In 2014, India’s passenger capacity stood at 8 million, but by April 2024, it had surged to 15.5 million, marking India as the world’s fastest-growing airline…

China Dethrones US As India’s Top Trade Partner In FY24

China Dethrones US As India’s Top Trade Partner In FY24

GTRI (Global Trade Research Initiative) reported a dramatic shift in India’s trade dynamics with its top trading partners in the past few years, from 2019 to FY24. According to the report, imports from neighbouring countries increased by 3.24% to reach  $101.7 billion in FY24. Moreover, the report mentioned that exports from the United States declined…

Asian Business News Recap: Top News From The Region

Asian Business News Recap: Top News From The Region

Asia is the centre stage of global economy and trade since it is home to two of the world’s biggest and fastest-growing economies. Let’s quickly review the top business news from Asia to understand better what is brewing in the region.   Samsung Unveils State-Of-The-Art AI Television Technology Korean tech giant Samsung, the world’s biggest television…

Apple To Shift Half Of Supply Chain From China To India

Apple To Shift Half Of Supply Chain From China To India

Recently, Apple has been trying to distance itself from China for obvious reasons and is investing heavily in India. Moreover, the company wants to shift half of its supply chain from China to India over the next three years, significantly increasing the number of jobs it offers in India. As per reports by the Economic…

Asian Economics: Trending Business News From Asia

Asian Economics: Trending Business News From Asia

Here is some of the top news from Asia you need to know to stay updated on the region’s economic landscape.  South Korea Plan To Invest $7 Billion In The Next 3 Years The South Korean President, Yoon Suk Yeol, announced on 9 April 2024 that the nation will invest $7 billion in artificial intelligence…

Top News Round-Up From Asia

Top News Round-Up From Asia

Asia is the fastest-growing region in the world, and as a result, new developments are taking place in the region. In this write-up, we will talk about the top news from Asia.  Korean Firm Faces Growing Competition From China In Vietnam Many South Korean companies, like Samsung and LG, to name a few, have been…

World’s Largest Economies: Richest Nations In The World 

World’s Largest Economies: Richest Nations In The World 

International Monetary Fund has declared the ‘Largest economies in the world’ list based on the countries’ nominal GDPs. The list is filled with the usual contenders like India, China, Germany, Japan, and the United States Of America. In this blog, we will go through the list and will tell you about the largest economies in…

Asian Nations In Generative AI Race Amid U.S. Dominance

Asian Nations In Generative AI Race Amid U.S. Dominance

The race for generative AI has started, and nations worldwide are trying their best to keep up with the big dogs. The United States of America is the biggest player in this race, all thanks to its giant tech companies like OpenAI, Google, Amazon, and Microsoft. These companies have ample funds and talent to tap…

Indian Stock Market Becomes 4th Largest In The World

Indian Stock Market Becomes 4th Largest In The World

India has achieved another feat by overtaking Hong Kong to become the 4th largest stock market in the world. The total value of listed shares in the Indian market reached $4.3 trillion as of Monday’s close, whereas Hong Kong’s market stood at $4.39 trillion. This makes India’s BSE the 4th biggest market in the world….

Top  News From Asian Financial Landscape

Top  News From Asian Financial Landscape

A lot is happening in Asia right now, from pirate attacks on ships to integrating AI into new applications. Dive into our weekly news round-up dedicated to the Asian financial landscape to stay up-to-date with the latest news.  Risks At The Red Sea Might Push Oil Prices Up The recent violence in the Red Sea…