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Pakistan's move to outsource the operations of maj... morePakistan's move to outsource the operations of major airports, including Islamabad International Airport (IIA), comes as a strategic response to the continuous depletion of forex reserves.

New Delhi: There is a need to implement stringent food safety standards to boost consumer trust both within the country and overseas, according to Sanoj Kumar Jha, additional secretary, ministry of food processing industries on Monday. Jha highlighted the crucial role of food safety in the rapid growth of the Indian food processing sector. Addressing the ‘FICCI conference on Capability Enhancement for Safe Food Business and Accession Ceremony of All India Cadre of Safe Food Business Professionals,’ Jha emphasized the significance of India’s agriculture and processed food industries during the pandemic.

Maruti Suzuki India has received board approval to acquire Suzuki Motor Gujarat (SMG) from its Japanese parent Suzuki Motor Corporation (SMC). Currently, SMG is a wholly-owned subsidiary of Suzuki Motor Corporation and recorded a turnover of Rs 31,853 crore for FY23. In 2014, the Japanese automaker proposed to set up a separate manufacturing unit in Gujarat, to tap the fastest-growing demand.

Toyota will strengthen its development of electric vehicle technology in China, the automaker said on Monday, as it looks to catch up with increasingly tough domestic competition in the world's largest auto market. The move is the latest from the world's top selling carmaker that shows a sharper pivot to electric vehicles.

Japan's Nikkei share average rallied to a four-week high on Monday as a relatively calm reaction in the domestic bond market following the Bank of Japan's surprise policy tweak and growing optimism for a soft landing for the U.S. economy boosted investor sentiment. Earnings reports also produced some stand out winners and losers, with Toyota Group logistics company Toyota Tsusho surging nearly 10% and helping lift the auto sector.

BEIJING (Reuters) — China's biggest cities including Beijing and Shenzhen said over the weekend they would implement measures to better meet the needs of homebuyers, without giving details, aiming to prop up a property sector that is seeing few signs of recovery.

Mint reported on 18 July that India is exploring such a deal with Russia. The move to implement these deals guaranteeing superfast clearances at ports comes in the context of a slowdown in merchandise exports amid a global demand slowdown.

Kim Jong Un met the Chinese delegation which visited Pyongyang to celebrate the 70th anniversary of the end of the Korean War and vowed to develop the two countries' relations to a «new high», the North's state media said on Saturday. Kim hosted a reception for the Chinese officials led by Communist Party Politburo member Li Hongzhong on Friday, the North's KCNA news agency said. The Chinese delegation was the first to visit the reclusive state since the COVID-19 pandemic.

shares rose over 4% on Friday, a day after the chipmaker's unexpectedly strong quarterly report heralded a turnaround in fortunes after a long, margin-sapping struggle due to plummeting PC sales and a highly competitive data center market. The company's surprise second-quarter profit and its strong earnings and margin forecasts suggested the personal computer market slump was nearing an end, sparking the surge in its stock and the wider chip sector. Intel is poised to add about $6 billion to its market value, based on its current price of $36.

(Corrects first paragraph to show Spanish resilience, not German)

Shri Techtex IPO: GMP, subscription status on day 3, and other key details here Earlier this month, Shanghai Securities News reported that the CSRC is working to formulate an action plan for the reform at the investment end of the capital market, to achieve balanced development between investment and financing and direct more medium- to long-term capital to equity investment. The normalization has helped raise Chinese companies' interest in overseas IPOs.19 Chinese companies debuted on the US stock market in the first half of this year, netting $600 million in all.

Job creation and skill development: One of the primary benefits of Micron's investment in India will be the creation of high-value jobs. With its state-of-the-art semiconductor manufacturing facilities, Micron will not only hire top-tier talent but also collaborate with local educational institutions, fostering the development of skilled professionals in microelectronics. This transfer of knowledge and expertise is crucial to nurturing indigenous innovation and allowing homegrown technology companies to flourish.

MG Motor India on Friday said it has tied up with electric mobility service provider IONAGE to strengthen charging infrastructure across the country in order to promote intercity travel by electric vehicles. The partnership was officially announced with the inauguration of ten destination charging stations across Lucknow, Trivandrum and Cochin. As part of the tie-up, MG Motor will leverage IONAGE's e-mobility platform to provide seamless access to EV owners of MG Charge points, the automaker said in a statement. MG Charge is an industry-first initiative by any original equipment manufacturer (OEM) to empower destinations like hotels, residential societies, public locations, and corporates to embrace green transportation and future-proof their property and communities.

A proposal seeking to temporarily increase the interest rate granted to holders of stablecoin Dai (DAI) was approved by the MakerDAO community on July 27, raising yields for tokenholders to as high as 8%. 

Volkswagen has seen after-tax earnings fall by 20% in the first half of the year from the same period last year

Financial advisors appear to be shaking off the pain of the bear market that ended last month, as financial results released Wednesday after the close by Ameriprise Financial Inc. indicate; the firm’s 10,274 financial advisors saw a year-over-year increase of 7.4% in productivity as measured by revenue, a sign of advisors’ resiliency after 2022 saw the S&P 500 stock index fall by 18%.

Meta shares surged nearly 10 per cent on Thursday as a rosy revenue forecast showed that artificial intelligence was helping the social media giant boost engagement and ad sales even in an uncertain economy.

New Delhi: To support economic recovery, the Nepal Rasta Bank (NRB) has announced its monetary policy for the fiscal year 2023-24, focusing on controlling inflation, stabilizing interest rates, and ensuring credit demand. The policy comes amid the government’s prudent fiscal plan aimed at rationalizing expenditure and increasing domestic revenue mobilization.

(Reuters) -Mastercard on Thursday reported a bigger-than-expected rise in second-quarter profit, boosted by resilient spending in a turbulent economy.

(Reuters) — Wall Street's main indexes opened higher on Thursday on hopes that the Federal Reserve's policy tightening was ending and the world's largest economy was heading for a soft landing, while Meta Platforms jumped on strong third-quarter revenue forecast.

Gemini, the cryptocurrency exchange founded by the billionaire twins Tyler and Cameron Winklevoss, has resorted to a popular tactic to boost activity on its derivatives exchange.