New Delhi, May 6 (IANS) Suchi Semicon on Wednesday said it is truly honoured and humbled by the Cabinet’s approval of its semiconductor project in Gujarat, with an outlay of around Rs 868 crore, and remains fully committed to this national mission.The Cabinet, under the leadership of Prime Minister Narendra Modi, has approval two new semiconductor projects — Crystal Matrix Limited and Suchi Semicon — with a combined investment of around Rs 3,936 crore, which are expected to generate employme…
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Seoul, May 6 (IANS) South Korean stocks traded 6 per cent higher to stay above the unprecedented 7,300-point mark on Wednesday led by strong gains in semiconductor shares and rising optimism for a peace deal between the United States and Iran.Opening 2.25 percent higher, the benchmark Korea Composite Stock Price Index (KOSPI) extended gains, adding 418.82 points, or 6.04 percent, to an all-time intraday high of 7,355.81 as of 11:20 a.m, reports Yonhap news agency.With the surge, the bourse opera…
Bhopal, May 5 (IANS) The Madhya Pradesh Cabinet on Tuesday cleared a major investment of Rs 1,295 crore to establish an Electronic (Semi-Conductor) Manufacturing Cluster near Bhopal, marking a significant stride in the state’s industrial expansion, officials said. The project is being developed jointly by the Central and state governments and is expected to become a hub for semiconductor-related activities and allied operations.Spread across more than 200 acres, the cluster is envisioned as a co…
Seoul, May 4 (IANS) South Korean stocks shot up by more than 5 per cent to close at a fresh high on Monday, approaching the 7,000-point mark, as investors scooped up semiconductor shares while awaiting developments in US-Iran peace talks. The Korean won rose sharply against the US dollar.The benchmark Korea Composite Stock Price Index (KOSPI) added 338.12 points, or 5.12 percent, to a fresh record high of 6,936.99.Trade volume was heavy at 864.3 million shares worth 41.3 trillion won (US$28.2 bi…
Seoul, April 29 (IANS) Trade ministers of South Korea and Qatar agreed on Wednesday to expand the two countries’ cooperation in advanced industries, including artificial intelligence (AI) transformation of the manufacturing sector, semiconductor and biohealth, a Seoul ministry said.Trade Minister Yeo Han-koo met with his Qatar counterpart, Ahmed bin Mohammed Al-Sayed, in Seoul to discuss ways to expand economic and investment cooperation between the two nations, according to the Ministry of Trad…
Seoul, April 27 (IANS) The total market capitalisation of companies listed on the local stock market surpassed 6,000 trillion won ($4.08 trillion) for the first time on Monday, boosted by anticipation for the semiconductor sector, industry data showed.The combined market capitalisation of companies listed on the country’s three stock bourses stood at 6,047.9 trillion won as of early Monday morning, according to the data from the Korea Exchange (KRX), South Korea’s main bourse operator, reports Y…
New Delhi, April 20 (IANS) Japan’s move to open a dedicated office in India to help Japanese firms navigate regulatory hurdles and boost investment signals Tokyo’s long‑term bet on India’s economic and strategic role in the Indo‑Pacific, according to a new report.The India Narrative report said the office will deepen ties beyond manufacturing, linking Japan’s large corporations with India’s start‑up ecosystem, artificial intelligence sector, critical minerals, and clean‑energy chai…
Washington, April 18 (IANS) Former US National Security Adviser Lt Gen (rtd) H. R. McMaster said the United States and its allies must move quickly to secure critical technologies and supply chains as strategic competition with China intensifies. Speaking at a panel discussion at the Thrive 2026 conference at Stanford University, McMaster said years of globalisation had left Western economies exposed by prioritising efficiency over resilience. “We became complacent,” he said, warning that su…
Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed on Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources, report…
Seoul, April 17 (IANS) South Korea and the European Union (EU) agreed Friday to form a strategic economic partnership to expand bilateral ties in trade and economic security amid heightened global uncertainties, Seoul’s trade ministry said.The agreement was made during the inaugural Korea-EU next-generation strategic dialogue held in Seoul to help the two sides explore deeper cooperation in trade, supply chains and technology, according to the Ministry of Trade, Industry and Resources. Friday’s …