Seoul, April 13 (IANS) South Korea’s exports jumped 36.7 per cent from a year earlier in the first 10 days of April, driven by strong overseas demand for semiconductors, data showed on Monday.Outbound shipments reached US$25.2 billion in the April 1-10 period, compared with $18.4 billion tallied in the same period last year, according to the data from the Korea Customs Service.It marked the country’s highest exports ever recorded for the first 10 days of a month, surpassing the previous record o…
Latest Automobiles News & Updates
Bhubaneswar, April 8 (IANS) Chief Minister Mohan Charan Majhi on Wednesday inaugurated and laid the foundation stones for 36 industrial projects with investments worth Rs 40,811 crore at Bhuinpur near Begunia in Khordha. Of these, 25 projects were inaugurated, while foundation stones have been laid for 11.While addressing a public meeting on the occasion, the Chief Minister said that Odisha is no longer just a state with vast potential but is now experiencing the touch of prosperity. He…
Chandigarh, March 25 (IANS) Haryana Chief Minister Nayab Singh Saini on Wednesday met Ambassador (Extraordinary and Plenipotentiary of Russia) Denis Alipov here and held detailed discussions aimed at further strengthening bilateral engagement and exploring new avenues of cooperation between Haryana and Russia. The meeting began with a general review of the longstanding and time-tested partnership between India and Russia. A significant part of the discussions focused on the prospects for exp…
Bhopal, March 19 (IANS) In a bid to seek investment and industrial establishment in Madhya Pradesh, Chief Minister Mohan Yadav will participate in a business event to be held at ITC Rajputana at Jaipur in Rajasthan on March 21, government officials said on Thursday.The Chief Minister will interact with the industrialists and he will highlight investment opportunities, new industrial policies and robust infrastructures in the state, according to an official statement from the state government.The…
New Delhi, March 10 (IANS) India Inc delivered robust performance in Q3 FY26, with net sales rising 11.4 per cent following 10 per cent growth in the prior quarter, a report said on Tuesday.Though net sales grew at a healthy pace, the growth in operating profit moderated to 12 per cent in Q3 FY26 from 15.7 per cent in the previous quarter, weighed by rising expenditure of the companies.The overall expenditure rose by 11.2 per cent in Q3, up from 8.7 per cent in the previous quarter, the report f…
Seoul, March 10 (IANS) The South Korean economy expanded 1 per cent in 2025 amid strong exports but posted negative growth in the fourth quarter, central bank data showed on Tuesday.The country’s real gross domestic product (GDP) — a key measure of economic growth — contracted 0.2 per cent from the previous quarter in the October-December period, compared with its earlier estimate of a 0.3 per cent contraction, according to the preliminary data from the Bank of Korea (BOK).It marked the countr…
New Delhi, Feb 26 (IANS) India Inc. is expected to sustain year‑on‑year revenue growth of 8–10 per cent in Q4 FY26 and expand operating profit margins by 50–75 basis points, supported by firm rural demand and a gradual urban consumption recovery, a report said on Thursday.The report from ratings agency ICRA said the credit metrics are expected to remain healthy, with interest coverage ratio likely at about 5.3–5.5 times, broadly stable compared to 5.3 times in Q3FY26.”Domestic rural de…
New Delhi, Feb 16 (IANS) As Indian markets’ medium‑term risk‑reward dynamics improve, investors wanting aggressive portfolios can consider 60–65 per cent equity allocation, with conservative investors maintaining higher fixed‑income exposure and a tactical cash buffer of about 5 per cent, a report said on Monday.PL Wealth, the wealth management arm of PL Capital, said in the report, Indian equity markets are navigating a phase of consolidation but retain a robust structural trajectory, w…
Jaipur, Feb 14 (IANS) The sixth meeting of the Board of Investment was held on Saturday at the Chief Minister’s residence under the chairmanship of CM Bhajan Lal Sharma. During the meeting, customised incentive packages were approved for 10 ultra mega projects across key sectors, aimed at attracting investment worth Rs 46,000 crore to Rajasthan. These projects are expected to generate employment opportunities for more than 12,000 people across the state.The approved proposals include major inv…
New Delhi, Feb 9 (IANS) The Ministry of Steel on Monday signed Memoranda of Understanding (MoUs) with 55 companies for 85 projects, involving an investment of Rs 11,887 crore. These projects are expected to add 8.7 million tonnes of speciality steel capacity by 2030-2031, significantly expanding India’s capabilities in high-end steel segments such as electrical steel, alloy and stainless steels, coated products, and grades required for strategic sectors.The MOUs were signed at Vigyan Bh…