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₹7,059.75 level on the BSE. Bajaj Auto share price closed at ₹6,958.60, up 4.44%.

Hyundai plans to take a lead in electrification and focus on optimizing profitability by strengthening its global electric vehicle (EV) production infrastructure, establishing flexible business strategies to adapt to market changes, and reinforcing preemptive risk management capabilities," Hyundai said in a statement. In 2023, Hyundai Motor and Kia managed to market 7.3 million automobiles, falling approximately 3% short of their collective goal of 7.52 million. This shortfall was predominantly attributed to challenging economic conditions marked by escalating interest rates and inflation, factors that rendered certain vehicles financially inaccessible for a portion of potential buyers.

Indian Institute of Technology Kanpur (IITK) has filed a record 122 intellectual property rights (IPRs) and achieved a licensing rate of around 14% to industry partners in 2023, the premier technology institute said in a statement on Wednesday. IIT Kanpur has now filed a total of 1,039 IPRs to date, a testimony to its strength in cutting-edge research and innovation. The 122 IPRs filed last year include 108 patents, four design registrations, three copyrights, and one trademark application, along with four US and two China patents. The year also saw 167 IPRs being granted with 15 technologies licensed. The patents are for inventions from varied domains such as MedTech and nano technology, including innovative healthcare solutions like a portable medical suction device and a continuous lung health monitoring system.

The global landscape of REITs has undergone a transformation since the listing of first REIT in the US in 1961. As of December 2022, there are 893 listed REITs, globally, and a combined equity market capitalization of approximately $1.9 trillion. This class of investments has grown in the last 30 years, from 120 REITs in two countries to 893 in 41 countries and regions. Asia, especially, has played a big role in this growth, with the number of REITs in the region going up by a huge 58% since 2015.

The Oppo Reno 11 series is widely expected to launch in India on January 11. Per usual, the Chinese smartphone maker has started revealing the key core specs of the upcoming Reno 11 and Reno 11 Pro. In a press release sent out to the media today, Oppo is going to great lengths to highlight portrait photography strides on these new smartphones fueled by proprietary imaging algorithms and whatnot. And yet in some areas, these India-bound phones are taking a step back, when compared to their Chinese counterparts.

Ola recently announcing its record-breaking monthly sales in December 2023, reaching 30,219 units. In December, the sales volume of electric two-wheelers (E2W) in India witnessed a 17% year-on-year increase. According to data from the Vahan portal, the sales of electric two-wheelers in India surged to 728,054 units in the fiscal year 2022-23, more than double the figures from the previous year, which recorded 252,641 units. It's important to note that these figures exclude low-speed sales.

India registered about 12 lakh new cancer cases and 9.3 lakh deaths in 2019, becoming the second highest contributor to the disease burden in Asia for that year, according to a new study published in The Lancet Regional Health Southeast Asia journal. Researchers found that India, along with China and Japan, were the three leading countries in Asia in terms of number of new cases and deaths, where they say cancer has become a more significant public health threat with 94 lakh new cases and 56 lakh deaths in 2019. Of these, while China contributed the most with 48 lakh new cases and 27 lakh deaths, Japan recorded about 9 lakh new cases and 4.4 lakh deaths, the international team of researchers including those from the National Institute of Technology Kurukshetra and All India Institute of Medical Sciences (AIIMS), Jodhpur and Bathinda, said. «We examined the temporal patterns of 29 cancers in 49 Asian countries between 1990 and 2019 using estimates from the Global Burden of Disease, Injuries and Risk Factors 2019 Study (GBD 2019),» they wrote in their study. They found that in Asia, the leading cancer was that of tracheal, bronchus, and lung (TBL), resulting in an estimated 13 lakh cases and 12 lakh deaths. It was also found to be most frequent in men and third most frequent in women. Specifically among women, cervical cancer is ranked second or among top-5 cancers in several Asian countries.

(Reuters) — Some of China's top banks have sharpened scrutiny of smaller peers' asset quality and have tightened standards for interbank lending, three sources said, in an effort to curb credit risk as a deepening property debt crisis ripples through the economy.

By Kaori Kaneko, Lisa Barrington and Daniel Leussink

By Stella Qiu

Investing.com-- Gold prices fell in Asian trade on Wednesday, relinquishing a measure of recent gains as the dollar rebounded amid some uncertainty over the timing of the Federal Reserve’s interest rate cuts in 2024. 

Investing.com-- Most Asian currencies nursed steep losses on Wednesday, while the dollar steadied after a sharp overnight rebound as anticipation of more cues on the Federal Reserve saw markets question expectations for early interest rate cuts. 

Oppenheimer Asset Management analysts suggest that a pause in the market rally would be reasonable after the robust gains witnessed in the fourth quarter of 2023.

Layer 1 blockchain Solana (SOL) continues to make waves in the crypto community as it achieves several significant milestones.

IN OCTOBER CYBER-CRIMINALS hacked into the British Library, a storied institution in the heart of London, encrypted its data and demanded money in exchange for the key. Months later the library and its catalogue of 14m books remain offline, with no end in sight. Similar ransomware attacks—in which criminals encrypt or steal data and demand a ransom to decrypt or refrain from leaking it—are not only undermining business and sapping prosperity across North America and Europe.

U.S. officials are seizing more shipments of unauthorized electronic cigarettes

California will soon become one of the first states to provide free health care to all low-income immigrants living in the state illegally

Officials with New Mexico’s largest electric utility say a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has been scuttled

The U.S. Treasury has announced that the nation’s gross national debt has surpassed $34 trillion

here.ONGC Videsh Ltd (OVL) is in talks with its Venezuelan partner to secure oil cargoes in lieu of unpaid dividends totalling $600 million, two people aware of the development said. This follows the US easing sanctions on Venezuela, where India’s overseas explorer has partnered state-owned Petróleos de Venezuela SA (PdVSA) for the San Cristobal project.Any oil flowing in from Venezuela holds significance for India, the world’s third largest oil buyer that once counted the Latin American country among its largest oil suppliers.A spokesperson for OVL confirmed in response to a query that the San Cristobal project owes dividends of around $600 million to the company.

Salaar accumulated a net revenue of 369.37 crore at the Indian Box Office within twelve days of its premiere, according to industry tracker Sacnilk. Preliminary estimates from Sacnilk indicate that on its twelfth day in theatres, the film earned a net of ₹7.50 crore. According to Sacnilk, Salaar: Cease Fire - Part 1 had an overall 20.15% Telugu occupancy on Tuesday.