Business

Mumbai: South Korean auto major Hyundai Motor Co President & CEO Jose Munoz Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz...

New Delhi: Passenger vehicle dispatches from companies to dealers rose 4 per cent year-on-year in September to 3,72,458 units, industry body SIAM said Wednesday. The overall passenger vehicle dispatches last month rose 4.4 per cent to 3,72,458 units, as against 3,56,752 units in September 2024....

Washington: US Treasury Secretary Scott Bessent revealed on Tuesday that Washington expects support from its allies and friends, including India, over its attempt to counter China’s latest export controls on rare earths. In an interview with Fox News, Bessent characterised the Chinese export controls as...

Mumbai: South Korean auto major Hyundai Motor Co President & CEO Jose Munoz Wednesday said the company's Indian arm will invest Rs 45,000 crore by FY30, aiming to make India its second-largest region globally. Addressing investors here in his first visit to the country, Munoz...

Washington: The International Monetary Fund has raised India’s growth projection to 6.6 per cent, an upward trend of 0.2 percentage points, in its latest Global Economic Outlook report. The IMF, in its report released in Washington Tuesday, said that India’s strong growth in the first...

New Delhi: NPCI International Payments Limited (NIPL), the international arm of the National Payments Corporation of India (NPCI), said that it has signed a Memorandum of Understanding (MoU) with NTT DATA Japan, making a significant step towards Unified Payments Interface (UPI) acceptance in the Japanese...

Mumbai: Benchmark stock indices Sensex and Nifty ended lower Tuesday amid weak trends in Asian and European markets and fresh foreign fund outflows. Reversing its early gains, the 30-share BSE Sensex declined 297.07 points or 0.36 per cent to settle at 82,029.98. During the day,...

New Delhi: Google will invest USD 15 billion over the next five years in setting up an AI hub in India, which will include the country's largest data centre in partnership with Adani Group. The AI hub at Visakhapatnam in Andhra Pradesh will be Google's...

Hong Kong: China's Commerce Ministry said Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at US President Donald Trump's effort to rebuild the industry in America. The ministry also announced...

San Francisco:  OpenAI said Monday it is working with chipmaker Broadcom to design its own artificial intelligence computer chips. The two California companies didn't disclose the financial terms of the deal but said they will start deploying the new racks of customised “AI accelerators” late...