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…
Nalin Negi Becomes The New CEO Of Fintech BharatPe
One of India’s biggest fintech companies, BharatPe, has finally appointed its new CEO after a stint of around 15 months. The CFO and the interim CEO of the company, Nalin Negi, has finally been appointed as the CEO of the company. Nalin Negi has proved to be an asset to the company. In his short…
India Smashes Export Record: Hits $776 Billion Milestone
India has reached a historic milestone in their exporting journey. The nation has crossed the $776 billion mark in overall exports, according to the provisional data released by the commerce ministry on Monday. Although the increases compared to the previous year are barely marginal, they were enough to set a new record. The increase was…
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…
Byju No Longer A Billionaire, Net Worth Falls To Zero
Recently, Forbes released its latest Billionaire Index 2024, revealing that Byju’s Raveendran’s net worth has plummeted to a big fat zero. Raveendran’s net worth a year ago stood at Rs. 17,545 crore, and he was featured on the ‘World Richest List’ of numerous prestigious magazines, but the recent hardships he faced have drowned his net…
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…
Indian Rupee: Best Performing Currency In Asia in 2024
The Indian rupee has made history after being named the best-performing currency in Asia so far in 2024. After an extremely safe and stable 2023, the Indian rupee has started 2024 on a promising note. The Indian rupee appreciated by 0.1% in the first month of 2024. This comes as a surprise as most of…
World’s Largest Economies: Richest Nations In The WorldÂ
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…
Israeli Semiconductor Company To Produce Chips In India
In an attempt to capitalise on the $10 billion dollar incentives offered by the Indian government, Israeli semiconductor manufacturing company Tower Semiconductors has pledged to invest around $8 billion in India to build a chip-manufacturing facility. Semiconductor manufacturing and assembly has been the key area of focus in business for the Modi government and for…
Microsoft’s AI Initiative To Train 2 Million Indians
In this day and age, where AI is becoming more relevant, learning basic AI skills is a must. A big announcement was made by Microsoft where it pledges to train 2 million Indians in AI skills under its ADVANTAG(I)GE INDIA initiative. The programme intends to push AI transformation in India and empower the workforce with…