News

Rohit Sharma to join Indian team in Australia on Sunday India skipper Rohit Sharma is set to reunite with his team in Australia, joining the squad in Perth on November 24, the third day of the ongoing first Test of the Border-Gavaskar Trophy series. Rohit’s departure was delayed due to personal reasons, as he and his wife Ritika Sajdeh celebrated the birth of their second child, a baby boy, on November 15.  While the Indian team departed for Australia in three batches between November 9 and 11, Rohit opted to stay back in India to be...
Rohit Sharma to join Indian team in Australia on Sunday
Rohit Sharma to join Indian team in Australia on Sunday
Source: IANS
2024-11-21 05:55:30 pm
Russia`s energy giant to stop gas deliveries to Austria Austrian energy company OMV said that Russia's energy giant Gazprom will suspend gas deliveries to Austria starting Saturday.  The move came after OMV announced on Wednesday that an arbitration ruling by the International Chamber of Commerce awarded it 230 million euros ($242 million) in a dispute with Gazprom over the latter's irregular gas deliveries. OMV said in a statement that the award would be offset "with immediate effect" against its payment obligations t...
Russia`s energy giant to stop gas deliveries to Austria
Russia`s energy giant to stop gas deliveries to Austria
Source: IANS
2024-11-16 03:20:51 pm
Festival of Australia showcases Australia`s Excellence in Education and Premium F&B products in Mumbai The Australian Trade and Investment Commission (Austrade) organised first-of-its-kind 4-city showcase titled “Festival of Australia” in Mumbai that brought together Australia’s top-quality institutions, universities, retail and other trade partners on a single platform and showcased Australia’s premium F&B products to Indian consumers. After Mumbai, Austrade will hold the festival in Hyderabad (16 November), Bengaluru (18 November) and Kochi (20 November). Th...
Festival of Australia showcases Australia`s Excellence in Education and Premium F&B products in Mumbai
Festival of Australia showcases Australia`s Excellence in Education and Premium F&B products in Mumbai
Source: PR Agency
2024-11-16 02:03:26 pm
India, Australia hold talks on bolstering agri-tech ties In a bid to further strengthen the bilateral relationship between India and Australia and to explore new opportunities for collaboration in the agriculture and allied sectors, Australian High Commissioner Philip Green held talks with Devesh Chaturvedi, Secretary of the Department of Agriculture and Farmers’ Welfare, at Krishi Bhawan here, according to an official statement issued on Friday.  Chaturvedi outlined India's current priorities in agriculture, emphasizing that the ...
India, Australia hold talks on bolstering agri-tech ties
India, Australia hold talks on bolstering agri-tech ties
Source: IANS
2024-11-15 01:44:25 pm
Australia-based Findi hits over 2-decade high on buying Tata Communications unit Shares of Australia-based Findi jumped to a more than two-decade high on Friday, after the fintech services provider said it would acquire Tata Communications' payment solutions unit for A$75.7 million ($48.81 million). The stock gained as much as 12.2% to A$7.65, its highest level since Sept. 13, 2002, while the benchmark ASX 200 index was up 0.53%, as of 0050 GMT. It has risen 14% in value so far this week and is poised for its best week since mid-October. The acquisition of Ta...
Australia-based Findi hits over 2-decade high on buying Tata Communications unit
Australia-based Findi hits over 2-decade high on buying Tata Communications unit
Source: Reuters
2024-11-15 09:18:22 am
Chana Prices Plunge as Australian Imports and Sowing Begin by Amit Gupta, Kedia Advisory Chana (desi chickpea) prices have sharply declined as imports from Australia ramp up and sowing in India begins. Australian chana, harvested in bumper quantities and of high quality, has reached Indian markets through major trading firms, resulting in price corrections. Chana prices, which had soared above Rs.8,000 per quintal in early September, have now fallen to around Rs.7,200. Additional supplies from Tanzania and yellow peas imports further pressure prices. Though the government recentl...
Chana Prices Plunge as Australian Imports and Sowing Begin by Amit Gupta, Kedia Advisory
Chana Prices Plunge as Australian Imports and Sowing Begin by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-11 11:27:26 am
TBO Tek jumps as its arm incorporates wholly owned subsidiary in Australia TBO Tek is currently trading at Rs. 1749.75, up by 38.50 points or 2.25% from its previous closing of Rs. 1711.25 on the BSE. The scrip opened at Rs. 1713.05 and has touched a high and low of Rs. 1779.00 and Rs. 1709.95 respectively. So far 860 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 2000.00 on 04-Sep-2024 and a 52 week low of Rs. 1229.45 on 04-Jun-2024. Last one week high and low of the scrip stood at R...
TBO Tek jumps as its arm incorporates wholly owned subsidiary in Australia
TBO Tek jumps as its arm incorporates wholly owned subsidiary in Australia
Source: Accord Fintech
2024-10-11 01:45:54 pm
Piyush Goyal to meet leading Australian and Indian CEOs, discuss investment avenues To further boost bilateral economic engagement, Union Commerce and Industry Minister Piyush Goyal is set to visit Australia from September 23-25 to interact with leading Australian and Indian CEOs and discuss investment avenues in India.  Commerce Minister will visit the country at the invitation of Senator Don Farrell, Minister of Trade and Tourism of Australia, according to a statement by the Ministry of Commerce and Industry. Minister Goyal will co-chair with Minister Farrell th...
Piyush Goyal to meet leading Australian and Indian CEOs, discuss investment avenues
Piyush Goyal to meet leading Australian and Indian CEOs, discuss investment avenues
Source: IANS
2024-09-23 08:57:16 am
Australian researchers make breakthrough in green ammonia production  Australian researchers have developed a new method of making ammonia that could significantly cut carbon emissions caused by the process.  The method, which was detailed in a study published by Melbourne's RMIT University on Thursday, relies more on liquid metal catalysts for ammonia production and less on the force of pressure, Xinhua news agency reported. Ammonia is a colourless gas that has been generated industrially for over a century by the Haber-Bosch process, whic...
Australian researchers make breakthrough in green ammonia production
Australian researchers make breakthrough in green ammonia production
Source: IANS
2024-09-21 08:59:14 am
Australia, UAE reach agreement on free trade deal Australia and the United Arab Emirates (UAE) have reached a deal on a free trade agreement. Don Farrell, Australia's Minister for Trade and Tourism, on Tuesday announced that negotiations on the Australia-UAE Comprehensive Economic Partnership Agreement have concluded, Xinhua news agency reported. He said at a press conference in Canberra that the deal would eliminate tariffs on more than 99 per cent of Australian products entering the UAE. "This is the first trade agreement...
Australia, UAE reach agreement on free trade deal
Australia, UAE reach agreement on free trade deal
Source: IANS
2024-09-17 01:47:02 pm
Australia to underwrite construction of six battery projects The Australian government will underwrite the construction of six new big battery projects in the country's southeast under the first round of its Capacity Investment Scheme (CIS).  On Wednesday, Chris Bowen, the Minister for Climate Change and Energy, named six winners of the pilot round of the CIS, under which the government aims to underwrite private companies to build 32 gigawatts (GW) of renewable electricity projects by 2030, Xinhua news agency reported. Four batteries wi...
Australia to underwrite construction of six battery projects
Australia to underwrite construction of six battery projects
Source: IANS
2024-09-04 10:08:40 am
Australia's Qantas profits dip to $848 million Australia's national airline Qantas on Thursday posted a 28 per cent fall in its post-tax profit to $848 million in the 2023-24 financial year.   Chief Executive Vanessa Hudson handed down the airline's results for the 2023-24 financial year spanning from July 1, 2023 to June 30, 2024, revealing a post-tax profit of $848.2 million, down from a record-high $1.18 billion in 2022-23, Xinhua news agency reported. The company said it generated $1.41 billion in underlying pre-tax...
Australia's Qantas profits dip to $848 million
Australia's Qantas profits dip to $848 million
Source: IANS
2024-08-29 02:01:54 pm
Brown returns as Australia name Women`s T20 World Cup squad Darcie Brown has recovered from a foot injury to be named in the 15-player ICC Women's T20 World Cup squad, with experienced spinner Jess Jonassen missing out as six-time champions Australia have named their squad for the mega event on Monday. The Women's T20 World Cup 2024 has been moved to the United Arab Emirates (UAE), with the Bangladesh Cricket Board (BCB) continuing to host the event.The tournament will take place across the two venues in the UAE - Dubai and Sharjah - from O...
Brown returns as Australia name Women`s T20 World Cup squad
Brown returns as Australia name Women`s T20 World Cup squad
Source: IANS
2024-08-26 10:46:31 am
Australian government approves plans for major outback solar farm The Australian government has granted environmental approval for a plan to build the country's largest solar farm in the outback.  Tanya Plibersek, the Minister for the Environment and Water, on Wednesday, announced the government has approved the first stage of SunCable's Australia-Asia PowerLink (AAPowerLink), reports Xinhua news agency. The project aims to supply renewable energy to customers in Darwin - the capital of the Northern Territory (NT) - and eventually export ...
Australian government approves plans for major outback solar farm
Australian government approves plans for major outback solar farm
Source: IANS
2024-08-21 03:34:41 pm
Australia: Sydney opens new driverless metro line Sydney's new multi-billion-dollar driverless metro line officially opened to commuters on Monday.  The first passenger service on the Sydney Metro City Line departed Sydenham station in Sydney's inner western suburbs at 4:54 a.m. local time on Monday, travelling the 15.5 km tunnel under the central business district and Sydney harbour to arrive at Chatswood in the city's north shore at 5:16 a.m., Xinhua news agency reported. Crowds queued from 1 a.m. local time on Monda...
Australia: Sydney opens new driverless metro line
Australia: Sydney opens new driverless metro line
Source: IANS
2024-08-19 01:59:01 pm
India-Australia RISE accelerator calls for startups, MSMEs in agritech sector  The Atal Innovation Mission and Australia’s CSIRO are inviting applications from start-ups and MSMEs for the India Australia Rapid Innovation and Start-up Expansion (RISE) accelerator -- a programme designed to support businesses looking to expand between the two countries, the NITI Aayog said on Monday.   RISE accelerator is a bilateral programme led by CSIRO and the Atal Innovation Mission (AIM), NITI Aayog. It addresses the countries’ shared challenges with a focu...
India-Australia RISE accelerator calls for startups, MSMEs in agritech sector
India-Australia RISE accelerator calls for startups, MSMEs in agritech sector
Source: IANS
2024-08-19 11:51:32 am
Australia to trial digital travel passes as replacement for paper cards Australia will trial digital passenger cards to replace paper cards for arrivals to the country, the border force has announced.  Under the pilot program for the Australia Travel Declaration, passengers on Qantas flights from New Zealand to Australia later in 2024 will be able to lodge their immigration, customs and biosecurity status digitally up to 72 hours before arrival in Australia, Xinhua news agency reported. The Australian Border Force (ABF) said on Friday night that the sy...
Australia to trial digital travel passes as replacement for paper cards
Australia to trial digital travel passes as replacement for paper cards
Source: IANS
2024-08-17 11:35:04 am
Australian wealth inequality grows to record levels  Wealth inequality in Australia has grown to record levels, a new report published by independent think tank the Australia Institute has found.  According to the report, which was published on Tuesday, the wealth of Australia's richest 200 people as a share of the Gross Domestic Product (GDP) has almost tripled over the last 20 years, reports Xinhua news agency. It found that the combined wealth of the members of the Australian Financial Review's annual list of the 200...
Australian wealth inequality grows to record levels
Australian wealth inequality grows to record levels
Source: IANS
2024-08-13 01:51:33 pm
Australia's Central Bank keeps interest rate at 4.35 per cent due to high inflation The Reserve Bank of Australia (RBA) left the cash rate target on hold at 4.35 percent on Tuesday as inflation is still some way above the midpoint of the 2-3 per cent target range.  The RBA board said in a statement that it decided to leave the cash rate target unchanged at 4.35 per cent and the interest rate paid on Exchange Settlement balances unchanged at 4.25 per cent. Inflation has fallen substantially since its peak in 2022, as higher interest rates have been working to bring...
Australia's Central Bank keeps interest rate at 4.35 per cent due to high inflation
Australia's Central Bank keeps interest rate at 4.35 per cent due to high inflation
Source: IANS
2024-08-06 01:48:08 pm
Australia`s unemployment rate rises to 4.1 per cent Australia's unemployment rate rose slightly to 4.1 per cent in June from 4 per cent in May, official labour force figures published by the Australian Bureau of Statistics (ABS) showed on Thursday.  The total number of employed Australians rose by 50,200 between May and June but was offset by the number of jobless Australians rising by 9,700 in the same period, Xinhua news agency reported. The participation rate which measures the proportion of working-age Australians who are ei...
Australia`s unemployment rate rises to 4.1 per cent
Australia`s unemployment rate rises to 4.1 per cent
Source: IANS
2024-07-18 03:07:23 pm
Environmental approval granted for Australian plan to export solar electricity to Singapore Authorities in Australia's Northern Territory (NT) on Tuesday granted environmental approval for the world's largest renewable energy and transmission project.  The NT government and NT Environmental Protection Authority (EPA) granted principal environmental approval for SunCable's Australia-Asia PowerLink (AAPowerLink) projected, Xinhua news agency reported. The project aims to supply renewable energy to customers in Darwin, capital of the NT, and also to Singapore via...
Environmental approval granted for Australian plan to export solar electricity to Singapore
Environmental approval granted for Australian plan to export solar electricity to Singapore
Source: IANS
2024-07-16 02:28:55 pm
Australia inks $18 million pact with ISRO`s commercial arm The Australian government on Wednesday entered into an $18 million memorandum of understanding (MoU) with NewSpace India Limited (NSIL), the commercial arm of the Indian Space Research Organisation (ISRO). Under the partnership, announced on the inaugural day of the India Space Congress 2024, Australian firm Space Machines will launch a satellite inspection and observation payload aboard ISRO's Small Satellite Launch Vehicle (SSLV) in 2026. “It is terrific to see this historic...
Australia inks $18 million pact with ISRO`s commercial arm
Australia inks $18 million pact with ISRO`s commercial arm
Source: IANS
2024-06-26 04:55:06 pm
Australia seeks inputs on developing `new roadmap` for closer economic engagement with India The Australian government has invited public submissions as it prepares a new roadmap for the country's closer economic engagement with India. The roadmap will not only take stock of Australia's existing economic initiatives with India but also explore innovative ways of doing more together.  "There has never been a better time to engage economically with India: already the most populous country in the world, India's economy is growing at pace. In 2023, India was our ...
Australia seeks inputs on developing `new roadmap` for closer economic engagement with India
Australia seeks inputs on developing `new roadmap` for closer economic engagement with India
Source: IANS
2024-06-03 03:22:33 pm
India holds talks for closer ties on critical minerals, shrimp farming with Australia India has discussed the issues of pharmaceutical pricing control in generic drugs and the need for closer cooperation in critical minerals with Australia, the Union Commerce Ministry said on Saturday. The need for closer collaboration for establishing disease-free zones for shrimps and prawns in India also came up for discussion at the first Joint Committee Meeting (JCM) in Canberra under the India-Australia Economic Co-operation and Trade Agreement (Ind-Aus ECTA), the ministry said. Be...
India holds talks for closer ties on critical minerals, shrimp farming with Australia
India holds talks for closer ties on critical minerals, shrimp farming with Australia
Source: IANS
2024-05-05 10:07:03 am
Agilitas Sports acquires exclusive rights for Lotto in India, Australia Indian sports and athleisure company Agilitas Sports said on Friday it had acquired exclusive rights to design, manufacture, and distribute products of popular Italian sports brand Lotto across India and Australia, with plans to expand to South Africa soon. Agilitas, headed by former Puma India Managing Director Abhishek Ganguly, will buy the brand license from New York investment firm WHP Global and aim to launch the Lotto products in India by early 2025. The company, however, did not ...
Agilitas Sports acquires exclusive rights for Lotto in India, Australia
Agilitas Sports acquires exclusive rights for Lotto in India, Australia
Source: Reuters
2024-04-19 10:52:55 am
Australian envoy to India discusses future collaborations with Gautam Adani  Australia's High Commissioner to India, Philip Green, on Friday said he met Adani Group's Founder and Chairman, Gautam Adani, and had a detailed discussion that not only focused on existing investments but also future collaborations in various fields like renewable energy and critical minerals, among others. In a post on X, the Australian envoy said he had an "extended meeting" with the Adani Group Chairman. "I had an extended meeting with Chairman Gautam Ad...
Australian envoy to India discusses future collaborations with Gautam Adani
Australian envoy to India discusses future collaborations with Gautam Adani
Source: IANS
2024-04-06 10:10:35 am
Border-Gavaskar Trophy between India and Australia extend to five Tests The Test rivalry between India and Australia will get bigger next summer as the Board of Control for Cricket in India (BCCI) and Cricket Australia (CA) announced the Border-Gavaskar Trophy will be played as a five-Test series. For the first time since 1991-92, Australia and India will compete across a five-Test series this summer. The extended series for the Border-Gavaskar Trophy will be a headline of the 2024-25 home summer schedule set to be released in the coming days. Jay Shah, BCC...
Border-Gavaskar Trophy between India and Australia extend to five Tests
Border-Gavaskar Trophy between India and Australia extend to five Tests
Source: IANS
2024-03-25 11:19:25 am
Adani`s $1.2 billion copper smelter to import concentrates from Peru, Chile, Australia Indian billionaire Gautam Adani's group will source copper concentrates from Peru, Chile and Australia to kick-start its $1.2 billion copper smelter, the world's biggest single-location plant of its type, a top company official said. Kutch Copper Ltd (KCL), a subsidiary of Adani Enterprises Ltd, expects to start its operations in the next few weeks. The plant, based in the western city of Mundra in Gujarat state, will have an initial capacity of 500,000 metric tons, and the comp...
Adani`s $1.2 billion copper smelter to import concentrates from Peru, Chile, Australia
Adani`s $1.2 billion copper smelter to import concentrates from Peru, Chile, Australia
Source: Reuters
2024-03-01 09:23:00 am
UST acquires Australian process transformation company Leonardo Digital transformation solutions company UST on Wednesday announced the strategic acquisition of Leonardo, a leading provider of business process improvement, automation and integration services in the Australia and New Zealand (ANZ) region. Headquartered in Melbourne, Leonardo's 70+ team, with an established presence across key Australian cities, will join UST to bolster their combined capability of delivering comprehensive digital solutions at scale throughout the ANZ region. &quo...
UST acquires Australian process transformation company Leonardo
UST acquires Australian process transformation company Leonardo
Source: IANS
2024-02-21 01:59:46 pm
Punjab farmer turns exporter of ready-to-cook millets to Australia under Centre`s start-up scheme  The Central government's Agricultural and Processed Food Products Export Development Authority (APEDA) has facilitated around 500 startups in marketing and exporting millet based value added products. These startups include a farmer from Punjab's Sangrur district who has exported a consignment of 14.3 metric tonnes of millets, and its products valued at $45,803 to Australia, the Commerce Ministry said on Tuesday. APEDA chairman Abhishek Dev flagged off farmer Dilpreet Sing...
Punjab farmer turns exporter of ready-to-cook millets to Australia under Centre`s start-up scheme
Punjab farmer turns exporter of ready-to-cook millets to Australia under Centre`s start-up scheme
Source: IANS
2024-02-14 10:03:57 am
Malabar Gold & Diamonds Makes History as the First Indian Jewellery Brand to Set Up Shop in Australia, Unveils New Sydney Showroom Scripting history as the first Indian International jewellery brand to begin operations in Australia, Malabar Gold & Diamonds, the 6th largest jewellery retailer globally, has launched their new showroom in Australia at Sydney. The showroom marks Malabar Gold & Diamonds’ expansion into the 13th country of operations. Currently, the brand has an extensive retail presence of over 340 showrooms spread across India, UAE, Qatar, Kuwait, Oman, KSA, Bahrain, Singapore, Malaysia, t...
Malabar Gold & Diamonds Makes History as the First Indian Jewellery Brand to Set Up Shop in Australia, Unveils New Sydney Showroom
Malabar Gold & Diamonds Makes History as the First Indian Jewellery Brand to Set Up Shop in Australia, Unveils New Sydney Showroom
Source: PR Agency
2024-02-06 12:08:03 pm
Australian Open: Gauff outlasts Kostyuk for first semifinal in Melbourne Coco Gauff survived a rollercoaster 7-6(8-6), 6-7(3-7), 6-2 battle against Marta Kostyuk to sail through to the semifinals of the Australian Open for the first time in her career on Tuesday. By defeating her Ukrainian foe, Gauff, is now two wins away from becoming the first player since Naomi Osaka to win the US Open-Australian Open double. Despite struggling on serve and with her forehand, Gauff saved two set points as she clawed her way back from a 1-5 deficit in the opening set. The ...
Australian Open: Gauff outlasts Kostyuk for first semifinal in Melbourne
Australian Open: Gauff outlasts Kostyuk for first semifinal in Melbourne
Source: IANS
2024-01-23 12:30:47 pm
Australia to expose companies` gender pay gaps  The Australian government will publish the gender pay gaps at large companies in a bid to improve income equality, a Minister revealed on Saturday. From February 27, the pay discrepancies between male and female employees at every company with over 100 employees in Australia will be made available online under legislation aiming to improve pay transparency and female participation in the workforce, reports Xinhua news agency. Katy Gallagher, the Minister for Women and Minister for...
Australia to expose companies` gender pay gaps
Australia to expose companies` gender pay gaps
Source: IANS
2024-01-07 10:27:03 am
Matt Short named Adelaide Strikers captain  Australia cricketer Matt Short has been named Adelaide Strikers captain for BBL|13 to become the sixth skipper of the men’s side. After serving as Travis Head's stand-in last season, Short assumes the role permanently. He made his debut for Australia in T20I and ODI cricket after finishing the 2022–23 competition with 458 runs and 11 wickets. Although there is competition for top-order batting spots with Head, David Warner, Mitchell Marsh, and Steven Smith, he will...
Matt Short named Adelaide Strikers captain
Matt Short named Adelaide Strikers captain
Source: IANS
2023-12-07 02:25:13 pm
Kapil Sharma, Sunil Grover reunite for OTT special  India’s top-rated comedians Kapil Sharma and Sunil Grover are reuniting for a streaming comedy special. The makers of the show dropped a video on Saturday in which the two can be seen with their arms around each other’s neck as they tell the viewers that they are joining forces for a web special. The other members of the OG gang like Archana Puran Singh, Krushna Abhishek, Kiku Sharda and Rajiv Thakur, also make an appearance in the video. In the video, Kapil says, &...
Kapil Sharma, Sunil Grover reunite for OTT special
Kapil Sharma, Sunil Grover reunite for OTT special
Source: IANS
2023-12-03 09:38:10 am
Karnataka Government invites Australian investors to invest in infrastructure development sector Karnataka Chief Minister Siddaramaiah on Thursday invited Australian investors to invest in the infrastructure development sector of the state. He held talks with the Australian High Commissioner in New Delhi, Philip Green OAM, who met him at his home office Krishna. During the discussion held to further strengthen the relationship between Karnataka and Australia, Chief Minister extended this invitation. Investments can be made in sectors like urban transport, green field road corrid...
Karnataka Government invites Australian investors to invest in infrastructure development sector
Karnataka Government invites Australian investors to invest in infrastructure development sector
Source: IANS
2023-12-01 09:55:20 am
Kakao Mobility to expand ride-hailing service to 5 more countries Kakao Mobility, the operator of the ride hailing platform Kakao T, said on Friday it will launch its service in five more countries next week as part of efforts to expand its overseas business. The move will bring to 37 the number of countries the South Korean-made ride-hailing service will be available, according to the company. Starting Thursday, Kakao T will be available in Australia, Taiwan, the United Arab Emirates, Jordan and Kuwait. The South Korean company said it also plans ...
Kakao Mobility to expand ride-hailing service to 5 more countries
Kakao Mobility to expand ride-hailing service to 5 more countries
Source: IANS
2023-11-24 06:17:29 pm
HCLTech appoints Sonia Eland as Country Manager for Australia & New Zealand HCLTech on Tuesday announced the appointment of Sonia Eland as Executive Vice President and Country Manager for Australia and New Zealand. In her new role effective from April 1, 2024, Eland will report to Swapan Johri, President, Growth Markets at HCLTech. Based in Sydney, she takes over from Michael Horton who moves into a consulting role after a successful stint of close to 10 years, during which he helped establish HCLTech as a trusted digital technology services partner in Australi...
HCLTech appoints Sonia Eland as Country Manager for Australia & New Zealand
HCLTech appoints Sonia Eland as Country Manager for Australia & New Zealand
Source: IANS
2023-11-14 11:21:38 am
Piyush Goyal urges G7 members to enhance collaboration on regulatory framework to facilitate cross border trade Commerce and Industry Minister Piyush Goyal has urged the countries participating in the G7 trade ministers meeting to enhance collaboration on a regulatory framework to facilitate cross border trade. The Group of Seven (G7) trade ministers meeting was held in Osaka, Japan.  The minister said that under its G7 presidency this year, Japan has invited India, along with a few other invitee countries (Australia, Chile, Indonesia, and Kenya) to participate in the outreach programme held on...
Piyush Goyal urges G7 members to enhance collaboration on regulatory framework to facilitate cross border trade
Piyush Goyal urges G7 members to enhance collaboration on regulatory framework to facilitate cross border trade
Source: Accord Fintech
2023-10-30 11:36:03 am
Matthew Wade to lead the 15-member Australian squad for T20I series against India Australia have announced a 15-member squad on Saturday for a five-match T20I series against India starting from November 23 in Vishakapatnam. Matthew Wade will captain the side for the series. David Warner and Steve Smith join the squad having missed the South African series. Ashton Agar was not considered due to injury.   Multi-format all-rounders Cameron Green and Mitchell Marsh will return home following the ICC Men’s Cricket World Cup along with fast bowlers Pat Cummin...
Matthew Wade to lead the 15-member Australian squad for T20I series against India
Matthew Wade to lead the 15-member Australian squad for T20I series against India
Source: IANS
2023-10-28 11:18:28 am
Marketmind: Ominous signal - Wall St slides despite yield slump A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Asian markets look to round off a difficult week with a flourish on Friday, but ominous signals from U.S. trading on Thursday - stocks closed in the red again despite a steep decline in bond yields - do not auger well. The conditions for a sharp rebound on Wall Street were in place - third quarter U.S. GDP beat forecasts, and the 'soft landing' narrative was bolstered by some signs of cool...
Marketmind: Ominous signal - Wall St slides despite yield slump
Marketmind: Ominous signal - Wall St slides despite yield slump
Source: Reuters
2023-10-27 12:25:41 pm
Global robotic surgical systems market to reach $3.3 bn in 2023 The global outlook remains robust for the robotic surgical systems market, which is set to grow at a compound annual growth rate of 15.7 per cent from $3.3 billion in 2023 to $7.2 billion in 2033, according to a report on Thursday. This is despite leading player Intuitive Surgical experiencing an 8 per cent decline in Q3 share price during pre-market trading, said the report by GlobalData, a data and analytics company. Notably, Intuitive Surgical boasts an estimated global share of 57 p...
Global robotic surgical systems market to reach $3.3 bn in 2023
Global robotic surgical systems market to reach $3.3 bn in 2023
Source: IANS
2023-10-27 11:50:02 am
India`s lentils imports from Canada keep flowing despite tensions India has been receiving steady supplies of lentils from its top supplier Canada, which has helped the South Asian country to increase imports in the first 10 months of 2023, a senior government official told reporters on Thursday.India imported 1.09 million metric tons of lentils, including 463,000 tons from Canada, during January to October, Rohit Kumar Singh, secretary of the Department of Consumer Affairs, said.Canada is India's main import source of lentils, a protein-rich staple used to...
India`s lentils imports from Canada keep flowing despite tensions
India`s lentils imports from Canada keep flowing despite tensions
Source: Reuters
2023-10-26 05:47:09 pm
AKI India to raise Rs 80 crore via issue of equity shares, warrants AKI India Ltd, a Kanpur-based leather goods maker, announced on Wednesday that it would be raising Rs 80 crore via issue of equity shares and warrants.It will raise Rs 40 crore by issuing equity shares, through preferential allotment to persons and entities belonging to the non-promoter category.Another Rs 40 crore would be raised by issuing convertible warrants, again through preferential allotment to persons and entities belonging to both the promoter and promoter group, as well as and the ...
AKI India to raise Rs 80 crore via issue of equity shares, warrants
AKI India to raise Rs 80 crore via issue of equity shares, warrants
Source: IANS
2023-10-25 05:24:55 pm
Dollar bounces, euro heavy on US/euro zone growth outlook divergence The dollar was on the front foot on Wednesday, drawing support from yet another resilient U.S. economic data reading, while the euro struggled to make headway on the back of a darkening growth outlook in the bloc.The Australian dollar rose more than 0.5% in an initial knee-jerk reaction following a higher-than-expected inflation print in Australia on Wednesday.U.S. business output ticked higher in October as the manufacturing sector pulled out of a five-month contraction, data on Tuesday show...
Dollar bounces, euro heavy on US/euro zone growth outlook divergence
Dollar bounces, euro heavy on US/euro zone growth outlook divergence
Source: Reuters
2023-10-25 08:58:42 am
Marketmind: A welcome bounce, but mixed big tech signals A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.Good news was good news on Tuesday, as another surprisingly strong snapshot of U.S. business activity boosted investor sentiment and risk appetite, which should pave the way for a positive open in Asian markets on Wednesday.Upbeat U.S. economic data often fuels Fed rate hike expectations, dragging stocks and other asset markets lower. But not this time - investors cheered the unexpected expansion in manu...
Marketmind: A welcome bounce, but mixed big tech signals
Marketmind: A welcome bounce, but mixed big tech signals
Source: Reuters
2023-10-25 08:52:43 am
Peak XV`s Surge to empower 13 startups focused on AI, deeptech innovations Leading investment firm Peak XV?s rapid scale-up programme Surge on Monday launched its ninth cohort of early-stage startups innovating in the field of deeptech, artificial intelligence (AI) and other promising areas.The cohort features 32 founders across 13 startups and ?Surge 09? includes two Australian startups, in addition to seven from India and four from South-East Asia.It is the first cohort since Peak XV?s rebrand from Sequoia India & Southeast Asia, and forays into greater Asia-Pacif...
Peak XV`s Surge to empower 13 startups focused on AI, deeptech innovations
Peak XV`s Surge to empower 13 startups focused on AI, deeptech innovations
Source: IANS
2023-10-23 11:18:35 am
Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone The U.S. dollar started Tuesday on the back foot as investors took stock of developments in the Middle East and braced for a slew of speeches by central bank officials this week headlined by Fed Chair Powell to gauge the monetary policy outlook.The yen was pinned close to the key 150 per dollar level, keeping traders on edge for any signs of intervention by the Japanese authorities.The yen last fetched 149.62 per dollar, having slipped to 150.17 on Oct. 3, the weakest in a year, before gettin...
Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone
Dollar drifts as investors eye Powell speech, yen wobbles near intervention zone
Source: Reuters
2023-10-17 09:15:56 am