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Starbucks chief executive officer Laxman Narasimhan said it will open a new store every third day in India to operate 1000 cafes by 2028, betting on the tea drinking nation which he called out for having 'an impressive development with improved ease of doing business.' «It is really impressive when you look at the investments in infrastructure, you look at the building that is taking place, you look at how there's a digital revolution. The government is focused on eliminating some of the friction that does exist in areas like business or taxation and how they lean in to support businesses that are looking to invest in the country,» Narasimhan told ET, during his maiden visit to India after taking over the helm last March.

Agrochemicals manufacturer GSP Crop Science is eyeing Rs 1,800 crore in revenue in 2024-25, following its domestic as well as overseas market expansion, a top company executive has said. “In 2022-23, our annual revenue was at Rs 1,600 crore. We are looking at Rs 1,800 crore revenue in FY25. Overall our target is to reach Rs 2,500 crore in next 3-4 years with the addition of overseas business especially in Brazil,” GSP Crop Science Managing Director Bhavesh Shah told PTI.

global markets, characterized by unexpected economic resilience in some regions and challenges in others. The year began under the shadow of slowing growth and recession concerns in major developed markets and, as it progressed, saw considerable inflation uncertainty, the war in Europe, and a new geopolitical flashpoint in the Middle East. Yet, by the end of the year, global equity markets, including India's, had soared to new heights, and the US Federal Reserve has given the markets a sugar rush by indicating a glide path to lower interest rates. The inescapable conclusion, as we hope our readers will infer, is that adhering to the fundamental principles of asset allocation remains the most preferred approach to investing. In this article we review the recent performance of key markets and portfolio strategies, and the optimal positioning for 2024.

Investing.com-- Most Asian currencies kept to a tight range on Tuesday, but saw some relief as the dollar was hit with profit-taking before key inflation data that is set to offer more cues on interest rate cuts this year.

Catch Live Market Updates here On January 8, the domestic equity benchmarks ended significantly lower with losses of nearly 1% amid weak global cues and profit booking. The Sensex plunged 670.93 points, or 0.93%, to close at 71,355.22, while the Nifty 50 settled 197.80 points, or 0.91%, lower at 21,513.00.

Ram Temple in Ayodhya on January 22. Prime Minister Narendra Modi will attend the Pran Pratishta ceremony in the temple town of Uttar Pradesh.

India and visited China, unlike his predecessors. On Monday, China's state media Global Times, in an editorial, mentioned Muizzu's visit to the East Asian Nation, and referred to India's diplomatic row with the Maldives, and called for an "open-minded" approach to looking at South Asian issues. 10.

Also Read: China Deal Slump Forces Wall Street Banks to Cast a Wider Net Zou said that the central bank will also strengthen its counter-cyclical and cross-cycle policy adjustments to create favorable financial conditions for the country’s economic growth, Bloomberg News reported. The PBOC will also take measures to prevent funds from clogging and idling while guiding financial institutions to strengthen their liquidity risk management for stable money market operations, Zou added.

Investing.com-- Oil prices steadied in Asian trade on Tuesday after falling sharply at the beginning of the week, as sharp price cuts on oil sales by Saudi Arabia ramped up concerns over sluggish demand.

By Scott Murdoch

Investing.com-- Samsung Electronics (KS:005930) said on Tuesday that its fourth-quarter operating profit likely fell by about 35%, as a sluggish recovery in demand for the firm’s key memory and smartphone chips dented revenue.

BEIJING — Despite pockets of strong growth, China's investment story has been overshadowed in the last year by longer-term problems and tensions with the U.S.

The move comes in response to U.S. arms sales to Taiwan and sanctions on China.

The electric vehicle unit of troubled Chinese property developer China Evergrande says its vice chairman has been detained by police on “suspicion of illegal crimes.”

Trade Promotion Council of India (TPCI) with the support of the Department of Commerce. Goyal said that the food exports from India holds an immense potential and this this fiscal, the country's agri exports will be more than last year's level of USD 53 billion despite restrictions imposed on shipments of certain key commodities.

In his upcoming book, Bisaria, who was serving as Indian High Commissioner to Islamabad in that period, also writes that India was willing to send an aircraft of the Indian Air Force to Pakistan to bring back Wing Commander Abhinandan Varthaman, but the Pakistani government refused permission. Varthaman (now Group Captain) downed a Pakistani jet on February 27, 2019, before his MiG 21 Bison jet was hit in a dogfight. Pakistan had launched the retaliation for the Balakot airstrikes a day before.

(Reuters) — Growth in the global electric-vehicle market is set to slow to 27.1% this year as a reduction in state subsidies makes the cars less appealing to buyers, according to research firm Canalys.

topped the Google trends in India for two days. This sparked speculations that Indians might be looking at the country's smallest Union Territory as their next tourist destination. But, in an unexpected fallout, PM Modi promoting Lakshadweep as a beach destination seems to have triggered the people of Maldives — which is already a popular holiday hotspot for many Indians.

United States and China, is set to go into elections on 13 January. In what is set to be a historic year for elections worldwide, after Bangladesh concluded a rather violent general polls, all eyes are now set on Taiwan, as voters will head to the polls this week to choose their next president, vice president and legislative representatives. A population of 23.5 million people will vote in a poll process that outsizes itself in importance owing to the disputed political status.

SHANGHAI (Reuters) -Chinese regulators have closed a regulatory loophole that last year allowed heavily indebted local government financing vehicles (LGFVs) to further increase their borrowing, four sources familiar with the matter told Reuters.

Investing.com — U.S. futures retreated Monday, with investors cautious ahead of the release of the key monthly inflation data later in the week, which could determine risk appetite going forward.