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India can be a trusted supply chain partner of Taiwan, which leads in hi-tech manufacturing in the Asian region, remarked Edison Hsu, Director, Taipei World Trade Center Liaison Office in Mumbai at an interactive meeting organized for an in-bound Taiwan Trade Mission at WTC Mumbai. Notably, India ranks as Taiwan’s 14th largest export destination and 18th largest source of imports. Bilateral trade between the two countries totaled US$8.45 billion in 2022, representing an increase of 9.8% over the previous year.

₹110-120 crore within India and global gross collections of ₹150 crore for the film. Gadar 2 has been lapped up in the Hindi heartland including Delhi, Uttar Pradesh, Bihar, and parts of central India in a welcome relief to such cinemas at a time of waning popularity of Bollywood films among mass-market viewers with several new releases considered to feature mostly urban, elitist themes.

The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather

The British economy unexpectedly grew in the second quarter of the year, largely as a result of a strong rebound in June when many businesses particularly in the leisure sector benefited from the warm and settled weather

The Office for National Statistics said the economy expanded by 0.2% in the April to June period, compared with the three-month period. That was higher than the 0.1% recorded in the first quarter and ahead of economists' expectations for no change.

₹1,612 crores. With this, Axis Group will collectively hold 19.02%. Analysts from Motilal Oswal Financial Services point out that with the stake increase, a key concern for the stock was addressed and will support Max Life’s solvency ratio which stood at 188% in the June quarter (Q1FY24).

Rupert Murdoch’s News Corp has cut more than $US160 million ($245 million) in costs over the past six months, delivering above-expected earnings despite a sharp 75 per cent fall in net profits.

India and Japan being active and vital middle powers in the Indo-Pacific region, their partnership for project-specific support in Sri Lanka holds significance and with their proven experience, knowledge, and expertise in tackling specific development challenges, both countries could support Sri Lanka financially and technically, suggested report brought out by prominent Colombo-based think tank Pathfinder Foundation. The report — “Medium and Long-term Strategy for Indo-Japanese Collaboration to Support the Economic Transformation of Sri Lanka” — was released here on Thursday in partnership with two prominent think tanks based in New Delhi, namely, NATSTRAT and Vivekananda International Foundation, and the Confederation of Indian Industry.

MUMBAI : The Reserve Bank of India (RBI) on Thursday said it would set rules to enhance transparency in interest rate and tenor resets for floating loans, an outcome of home-loan repayment periods being extended to as long as 50 years in certain cases. After RBI started raising the repo rate in May last year, home-loan borrowers, most of whose loans are pegged to external benchmarks like the repo rate, had to substantially increase their monthly repayments or extend their repayment tenor or a combination of both. As Mint reported in March, these extended loan tenors resulted in certain borrowers being obligated to make payments well into their 70s and 80s.

By Lewis Krauskopf

By Amruta Khandekar, Shristi Achar A and Shashwat Chauhan

By Paul Lienert

HONG KONG—China lifted restrictions on group tours to the U.S., Australia, South Korea and Japan on Thursday, a move that is set to boost global tourism after three years of pandemic restrictions. China’s Ministry of Culture and Tourism added almost 80 new destinations to a list of countries approved for group travel on Thursday, with immediate effect. The countries were the third batch of places that group tours led by travel operators can now visit, including some in East Asia that are among the most popular destinations for Chinese holiday makers.

(Reuters) -Ride-sharing platform Lyft (NASDAQ:LYFT) will start displaying advertisements on its app, the company said in a blog post on Thursday as it looks to create a more stable source of revenue.

Microsoft on Thursday introduced new tools and integrations — including a new Copilot offering for the frontline workforce — that bring the power of generative AI to service professionals on the frontline. Currently, over 60% of Fortune 500 companies use Microsoft 365 to empower frontline workers, and the tech giant is committed to investing in innovative solutions to help them thrive.

The innovative platform intends to facilitate the effortless provision of credit by ensuring a smooth transmission of necessary digital data to lenders, the Reserve Bank of India said. The digital platform will have an open structure, open Application Programming Interfaces (APIs) and standards, enabling all participants in the financial sector to effortlessly link up using a 'plug and play' model. The platform is poised to be introduced as a pilot project with a carefully measured approach, both in terms of access to information providers and use cases.

A second quarter dividend of 1.69p was declared, in line with the 3.5% increase targeted for the year of 6.77 pence per share. Credit: iStock

New Delhi: With an aim to deepen bilateral trade and economic ties, India and Vietnam on Tuesday convened the 5th meeting of the India-Vietnam Joint Trade Sub-Commission (JTSC) , the ministry of commerce & industry said. This meeting was held after a gap of more than four years on account of the covid-19 pandemic and other factors.

New Delhi: India is all set to initiate the BRICS Startup Forum in 2023 with the objective of promoting collaboration and knowledge sharing among startups, investors, incubators, and emerging entrepreneurs, said commerce and industry minister Piyush Goyal, during the virtual “7th BRICS Industry Ministers’ meeting," hosted by South Africa as the Chair. The minister while highlighting the transformation that has taken place in India, also commented on the expanding Startup India initiative that has led to the creation of nearly 100,000 startups in the country.

Bitcoin, the renowned cryptocurrency, has been facing resistance around the $29,000 mark, but it has recently managed to break above this level.

Congress party, was sentenced to two years in jail by a lower court for making defamatory remarks about Prime Minister Narendra Modi’s surname during an election rally in 2019. He can now contest elections after the Supreme Court suspended his conviction. The secretariat of the lower house of parliament issued a notification on Monday saying his disqualification, which ran for four months, has been revoked.