News

Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany  Gautam Adani, Chairman of the Adani Group, on Tuesday, said it was a privilege to host the ambassadors from the European Union (EU), Belgium, Denmark, and Germany, who visited the world’s largest renewable energy (RE) park in Khavda, Gujarat, and the country's largest port hub in Mundra.  Gautam Adani said the discussions with the envoys focused on strengthening global partnerships to drive India’s energy transition and accelerate the hydrogen ecosystem. "...
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Source: IANS
2024-11-12 05:09:39 pm
India cenbank sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says India's central bank continues to be in talks with the European Securities and Markets Authority (ESMA) but views the latter's proposal for supervisory and auditing powers over domestic clearing corporations as "extra jurisdictional", an official said on Thursday. "We have taken a very consistent stand that ESMA is being extra jurisdictional in telling us how we should do regulation," Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar said at an event. ...
India cenbank sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says
India cenbank sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says
Source: Reuters
2024-11-07 04:20:43 pm
ISRO to launch EU’s Proba-3 Sun observation mission in December: Dr Jitendra Singh The Indian Space Research Organisation (ISRO) is set to launch the European Union’s Proba 3 Sun Observation Mission in December, said Dr Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology, on Tuesday.  Speaking to IANS on the sidelines of the Indian Space Conclave 3.0 in New Delhi, he said the space scientists from India will partner with those in Europe to unravel the mysteries of the Sun. Proba-3, which aims to study the Sun’s faint ...
ISRO to launch EU’s Proba-3 Sun observation mission in December: Dr Jitendra Singh
ISRO to launch EU’s Proba-3 Sun observation mission in December: Dr Jitendra Singh
Source: IANS
2024-11-05 03:54:46 pm
EIB Global announces 300 million euro loan for Bengaluru suburban railway network EIB Global, the arm of the European Investment Bank (EIB) for financing activities outside the European Union (EU), on Friday, announced it would provide a 300 million euro loan to build a new suburban railway network covering four dedicated rail corridors in Bengaluru.   The network will stretch over a total of 149 km and include 58 stations and two depots. At a meeting here, EIB Vice-President Nicola Beer and Karnataka Rail Infrastructure Development Company Ltd's (KRIDE) Dir...
EIB Global announces 300 million euro loan for Bengaluru suburban railway network
EIB Global announces 300 million euro loan for Bengaluru suburban railway network
Source: IANS
2024-10-26 09:18:42 am
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said that the European Union's (EU) deforestation regulation and carbon tax are unfair and would impact Indian industries. He said the EU's safeguard measures on some steel products are irrational too. He noted that Indian industries are confronted with unfair rules of deforestation, rules around CBAM (Carbon Border Adjustment Mechanism) and various other measures. Major agriculture-exporting countries, including Brazil, India, Indonesia...
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal
Source: Accord Fintech
2024-10-14 11:43:17 am
India`s biopharma sector key driver of bioeconomy  The biopharma sector has emerged as a critical component of the country's bioeconomy, contributing to 49 per cent of India's biotechnology output, according to a report on Tuesday.   The report offers a comprehensive analysis of India's biopharma sector, showcasing its exponential growth and emergence as a major global player in bioeconomy. "India's biopharma sector is uniquely positioned to address global health challenges, from pandemic preparedness to...
India`s biopharma sector key driver of bioeconomy
India`s biopharma sector key driver of bioeconomy
Source: IANS
2024-09-24 05:43:38 pm
Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil Crisil ratings in its latest report has said that credit profiles of flexible packaging players will continue to remain subdued this fiscal on elevated debt levels, which had burgeoned, over the past three fiscals due to sizeable capacity expansions. However, steady domestic demand (accounting for around 75% of sectoral volumes) and negligible capacity additions will partially offset the demand-supply imbalance this fiscal. Consequently, capacity utilization levels shall improve by 400-450 ba...
Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil
Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil
Source: Accord Fintech
2024-09-17 11:39:11 am
IMEC initiative to boost India`s maritime security, trade: Piyush Goyal The India-Middle East-Europe Economic Corridor (IMEC) initiative will add to the country’s maritime security and faster movement of goods between Europe and Asia, Union Commerce Minister Piyush Goyal said on Friday, adding that there is also huge potential for cooperation in the tourism sector.  Addressing the ‘CII India-Mediterranean Business Conclave 2024’ in the national capital, Commerce Minister said that IMEC was launched during the country’s G20 presiden...
IMEC initiative to boost India`s maritime security, trade: Piyush Goyal
IMEC initiative to boost India`s maritime security, trade: Piyush Goyal
Source: IANS
2024-09-06 03:00:33 pm
Global LNG markets heading towards significant supply glut, India to benefit The global liquified natural gas (LNG) markets are now heading towards significant supply glut, which is set to benefit India as significant capacity addition amid expectation of modest demand growth in the global consumption will keep the LNG prices under check, a report said on Wednesday.  Consumption in India is expected to grow by 6-8 per cent YoY in FY2025, supported by softer LNG prices and an uptick in the domestic gas production, according to the report by credit rating ICRA. ...
Global LNG markets heading towards significant supply glut, India to benefit
Global LNG markets heading towards significant supply glut, India to benefit
Source: IANS
2024-08-28 02:05:17 pm
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on being rated “A+” for the second time in a row in the ‘Global Finance Central Banker Report Cards 2024’.  Responding to a post on X by the Reserve Bank of India, PM Modi said, “Congratulations to RBI Governor Shri @DasShaktikanta for this feat, and that too for the second time”. “This is a recognition of his leadership at the RBI and his work towards ensu...
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row
Source: IANS
2024-08-21 10:59:02 am
Interarch Building Products coming with IPO to raise Rs 612.29 crore Interarch Building Products   Interarch Building Products is coming out with a 100% book building; initial public offering (IPO) of 68,03,184 shares of Rs 10 each in a price band Rs 850-900 per equity share.         Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 35% f...
Interarch Building Products coming with IPO to raise Rs 612.29 crore
Interarch Building Products coming with IPO to raise Rs 612.29 crore
Source: Accord Fintech
2024-08-16 04:33:27 pm
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI The Confederation of Indian Textile Industry (CITI) has said that India's textiles and apparel exports in July 2024 grew by 4.73 per cent to $2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels. Textiles and apparel exports stood at $ 2,805.01 million in July 2023. It stated while the textile exports were steady at $ 1,660.36 million in July compared to $ 1,663.06 million, apparel shipments during the month surged by 11.84 per cent ...
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI
Source: Accord Fintech
2024-08-16 10:32:17 am
India’s electricity demand may surge by eight per cent this year: IEA With demand for electricity in India expected to surge by a massive eight per cent this year, the world’s demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and increasing uptake of technologies that run on electricity such as EVs and heat pumps, a new report by the International Energy Agency (IEA) said on Friday.  At the same time, renewables continue their rapid ascent, with solar PV on course to set new records. Global elec...
India’s electricity demand may surge by eight per cent this year: IEA
India’s electricity demand may surge by eight per cent this year: IEA
Source: IANS
2024-07-19 02:51:57 pm
European Union to invest record 7 billion euros into sustainable transport infrastructure The European Commission announced that it will earmark over 7 billion euros (about $7.66 billion) for 134 transport projects across the European Union (EU), to facilitate the delivery of the bloc's climate objectives and improve its transport networks.  The projects will receive funding through the Connecting Europe Facility (CEF), the EU's fund for strategic investment in infrastructure development. The grants are the largest under the current CEF transport programme, accordi...
European Union to invest record 7 billion euros into sustainable transport infrastructure
European Union to invest record 7 billion euros into sustainable transport infrastructure
Source: IANS
2024-07-18 11:47:37 am
European Union accepts Apple'`s offer to open up contactless payments The European Union (EU) on Thursday accepted commitments offered by Apple over how it operates Apple Pay to end a long-running competition investigation. "The Commission has decided to accept commitments offered by Apple. These commitments address our preliminary concerns that Apple may have illegally restricted competition for mobile wallets on iPhones," said Commission EVP Margrethe Vestager, who heads up the EU’s competition division. "Apple has until July 25 to ...
European Union accepts Apple'`s offer to open up contactless payments
European Union accepts Apple'`s offer to open up contactless payments
Source: IANS
2024-07-11 05:32:54 pm
South Korea clocks record $37 bn in car exports in first half of 2024  South Korea's car exports are estimated to have reached a record $37 billion for the first half of the year, according to industry data on Sunday.  Automobile exports are estimated to have increased 3.8 percent on-year during the January-June period to reach $37.01 billion, marking the highest tally for the first half of any year, according to tentative data from the industry ministry and the Korea International Trade Association. The previous record was at $35.65 billion...
South Korea clocks record $37 bn in car exports in first half of 2024
South Korea clocks record $37 bn in car exports in first half of 2024
Source: IANS
2024-07-07 10:12:17 am
European Union must open discussion on economic dimension of CBAM: Experts The European Union (EU) must start discussing the economic dimension of the Carbon Border Adjustment Mechanism (CBAM), said experts here on Tuesday.  The CBAM by the EU is designed to slash greenhouse gas emissions by 55 per cent by 2030 compared to 1990 levels. L Satya Srinivas, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry noted that the twin aspects of design and implementation modalities are important for consideration when discussing CBAM and ...
European Union must open discussion on economic dimension of CBAM: Experts
European Union must open discussion on economic dimension of CBAM: Experts
Source: IANS
2024-07-03 09:44:08 am
Embraer sees India, Saudi Arabia, EU, US as strategic defense markets Brazilian planemaker Embraer sees India, Saudi Arabia, the European Union and the United States as strategic markets for its defense unit as it looks to expand sales of the C-390 Millennium, the head of Embraer Defense said on Tuesday. India has an open tender to buy military planes while Saudi Arabia, looking to replace an aging fleet of Lockheed Martin's C-130 Hercules, is currently in "early engagement" with Embraer, Bosco da Costa Junior told reporters at an event. &qu...
Embraer sees India, Saudi Arabia, EU, US as strategic defense markets
Embraer sees India, Saudi Arabia, EU, US as strategic defense markets
Source: Reuters
2024-06-19 09:08:13 am
India`s textile exports surge by 9.6% in May despite global headwinds: CITI The Confederation of Indian Textile Industry (CITI) in its latest report has said that India’s textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions in major markets such as the European Union (EU), the US and West Asian nations. Moreover, it stated the country’s apparel exports saw an increase of 9.84 per cent during the same period, the report points out. Further, it highlighted that th...
India`s textile exports surge by 9.6% in May despite global headwinds: CITI
India`s textile exports surge by 9.6% in May despite global headwinds: CITI
Source: Accord Fintech
2024-06-18 10:10:54 am
India`s textile exports surge by 9.6 pc despite global headwinds India’s textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions in major markets such as the European Union (EU), the US and West Asian nations, according to a report by the Confederation of Indian Textile Industry (CITI).  In addition, the country’s apparel exports saw an increase of 9.84 per cent during the same period, the report points out. CITI’s report highlighted that t...
India`s textile exports surge by 9.6 pc despite global headwinds
India`s textile exports surge by 9.6 pc despite global headwinds
Source: IANS
2024-06-16 01:42:04 pm
India says high tariffs on EVs to protect from Chinese imports India's trade department said on Friday that the country's car market is "well-protected" through high tariffs on the import of electric vehicles, at a time when other major economies like the European Union have slapped tariffs on Chinese EVs.  
India says high tariffs on EVs to protect from Chinese imports
India says high tariffs on EVs to protect from Chinese imports
Source: Reuters
2024-06-14 04:43:11 pm
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra The rating agency -- India Ratings and Research (Ind-Ra) in its latest report has said that the steel demand is expected to grow in the range of 9-12 per cent during the ongoing 2024-25 fiscal. It stated the demand will be supported by steady growth in the end-user industries such as automobile and infrastructure sectors. The agency further said that it expects the global steel demand to be steady with some moderation in China demand due to its transition to low carbon initiatives and mode...
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra
Source: Accord Fintech
2024-06-12 10:42:42 am
Asia stocks range-bound as EU politics adds new risks Asian stocks traded in a narrow range on Tuesday, as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc. Moves were modest, with MSCI's broadest index of Asia-Pacific shares outside Japan dipping 0.4% in thin trade, with Chinese blue chips off 0.7%. Going the other way, Japan's Nikkei firmed 0.3% and South Korea stocks rose 0.5%. EUROSTOXX 50 futures a...
Asia stocks range-bound as EU politics adds new risks
Asia stocks range-bound as EU politics adds new risks
Source: Reuters
2024-06-11 08:51:24 am
Euro slips to one-month low as Macron calls French election The euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar was steady ahead of the Federal Reserve meeting later in the week. The euro fell to $1.0764, its lowest since May 9, in early trading in Asia. It was last down 0.24% at $1.0776 as investors weighed the implications of renewed political uncertainty in the euro zone's second-biggest economy in a key election year. Eu...
Euro slips to one-month low as Macron calls French election
Euro slips to one-month low as Macron calls French election
Source: Reuters
2024-06-10 09:35:10 am
Oil slips on dollar's strength from US jobs data Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT. On Friday, data showed the U.S. added more jobs than expected last month, leading investors to trim expectations for rate cuts and causing the dolla...
Oil slips on dollar's strength from US jobs data
Oil slips on dollar's strength from US jobs data
Source: Reuters
2024-06-10 08:51:54 am
India likely to be Apple`s 3rd largest market in next 2 to 3 years As Apple registered strong double-digit growth in India in the March quarter this year, experts on Friday said that the country will likely become the tech giant's third-largest market in the next two to three years. According to Tarun Pathak, Research Director at Counterpoint Research, Apple will continue to grow faster than the market and might grow more than 20 per cent this year in the country. "In India, revenues grew to record levels due to better product mix and channel ...
India likely to be Apple`s 3rd largest market in next 2 to 3 years
India likely to be Apple`s 3rd largest market in next 2 to 3 years
Source: IANS
2024-05-03 04:36:12 pm
Apple gives small developers a breather around new app store fee in EU Apple on Thursday allowed small developers more ways around its alternative app store tax in the European Union (EU). The company said that developers of free apps without monetisation won’t have to pay the new Core Technology Fee (CTF) it introduced in the EU. “Only developers who reach significant scale (more than one million first annual installs per year in the EU) pay the CTF,” Apple said in an update. Nonprofit organisations, government entitles and educationa...
Apple gives small developers a breather around new app store fee in EU
Apple gives small developers a breather around new app store fee in EU
Source: IANS
2024-05-03 12:01:44 pm
Oil inches up after U.S. reimposes Venezuela oil sanctions  Oil prices rose in early trade on Thursday, slightly paring the previous session's losses after the United States said it would reinstate oil sanctions Venezuela, while the European Union talked of fresh curbs on Iran. Brent futures were up 10 cents, or 0.11%, at $87.39 a barrel, while U.S. crude futures traded 2 cents higher at $82.71 a barrel at 0053 GMT. The two benchmarks slid 3% in the previous session on demand worries. The U.S. said it would not renew a license set to e...
Oil inches up after U.S. reimposes Venezuela oil sanctions
Oil inches up after U.S. reimposes Venezuela oil sanctions
Source: Reuters
2024-04-18 08:56:31 am
EU, India join hands to nurture startups in EV battery recycling field In a fillip to the country’s electric vehicle (EV) goals, the European Union (EU) and India on Tuesday joined hands to promote startups working in the area of battery recycling technologies for EVs. The collaboration aims to boost the cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and startups in the clean and green technologies sector. The latest initiative took place under the India-EU Trade and Technology Council (TTC) announced by Prime Minis...
EU, India join hands to nurture startups in EV battery recycling field
EU, India join hands to nurture startups in EV battery recycling field
Source: IANS
2024-04-10 09:18:26 am
European Union, India join hands to nurture startups in EV battery recycling field  In a fillip to the country’s electric vehicle (EV) goals, the European Union (EU) and India on Tuesday joined hands to promote startups working in the area of battery recycling technologies for EVs. The collaboration aims to boost the cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and startups in the clean and green technologies sector. The latest initiative took place under the India-EU Trade and Technology Council (TTC) announced by Prime...
European Union, India join hands to nurture startups in EV battery recycling field
European Union, India join hands to nurture startups in EV battery recycling field
Source: IANS
2024-04-09 05:10:55 pm
Asia shares flat, dollar restrained by Japan caution Asian shares dithered on Monday as investors worried U.S. inflation data this week could derail the outlook for lower interest rates, while the risk of currency intervention from Japan stalled the yen's decline for the moment. China's central bank also engineered a rally in the yuan after setting a firmer fix for the currency, nudging the dollar lower more broadly. The main data event of the week will be U.S. core personal consumption expenditure (PCE) price index on Friday whic...
Asia shares flat, dollar restrained by Japan caution
Asia shares flat, dollar restrained by Japan caution
Source: Reuters
2024-03-25 09:32:43 am
Factbox-Key details of India`s pact with four-nation European trade bloc India signed a free trade pact on Sunday with a group of European nations - Switzerland, Norway, Iceland and Liechtenstein - committing to reduce tariffs, while New Delhi receives $100 billion in investments over the next 15 years. India and the members of the European Free Trade Association (EFTA) held 21 rounds of talks over 16 years to clinch the broad-based Trade and Investment Agreement. Here are key facts about the trade pact: BOOST TO TRADE, INVESTMENT: India expects that t...
Factbox-Key details of India`s pact with four-nation European trade bloc
Factbox-Key details of India`s pact with four-nation European trade bloc
Source: Reuters
2024-03-10 03:02:14 pm
India says Europe trade group commits to $100 billion 15-year deal -India and a trade group of four European nations signed an economic agreement on Sunday aimed at increasing trade and investment, capping nearly 16 years of negotiations. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, said Piyush Goyal, India's union trade minister. "It is a modern trade agreement, fair, equitable an...
India says Europe trade group commits to $100 billion 15-year deal
India says Europe trade group commits to $100 billion 15-year deal
Source: Reuters
2024-03-10 11:55:33 am
Asia shares shaky, traders on guard as Japanese inflation tops forecast Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week. The yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank's 2% year-on-year target, keeping alive expectations it would exit negative rates by April. Tokyo's Nikkei crept 0.4% higher to eke a fresh record high. MSCI's...
Asia shares shaky, traders on guard as Japanese inflation tops forecast
Asia shares shaky, traders on guard as Japanese inflation tops forecast
Source: Reuters
2024-02-27 08:54:10 am
Meta to form `Operations Centre` to combat spread of deceptive AI in EU polls Meta (formerly Facebook) on Monday said that it will be activating an Elections Operations Centre to combat the spread of misleading artificial intelligence (AI) content in the European Union's (EU) 2024 Parliament elections. The tech giant will bring together experts from across the company from their intelligence, data science, engineering, research, operations, content policy and legal teams to identify potential threats and put specific mitigations in place across their apps and te...
Meta to form `Operations Centre` to combat spread of deceptive AI in EU polls
Meta to form `Operations Centre` to combat spread of deceptive AI in EU polls
Source: IANS
2024-02-26 12:31:51 pm
Asia shares drift lower ahead of inflation feast Asian shares stalled near seven-month highs on Monday as investors awaited inflation data from the United States, Japan and Europe that will help refine expectations for future rate moves. The Federal Reserve's favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%. It was not long ago investors were hoping for just a 0.2% increase but high readings on consumer and producer prices suggest...
Asia shares drift lower ahead of inflation feast
Asia shares drift lower ahead of inflation feast
Source: Reuters
2024-02-26 08:48:09 am
Meta testing cross-posting feature from FB to Threads Meta has started testing a cross-posting feature that would allow users to post from Facebook to Threads. It's a same feature that users have been using for a long time to post Stories and Reels on both Facebook and Instagram at the same time. The tech giant confirmed about the test to TechCrunch, saying that it is limited to iOS and does not include the European Union (EU). The feature will let users share both text and link posts from Facebook to Threads. The addition of this f...
Meta testing cross-posting feature from FB to Threads
Meta testing cross-posting feature from FB to Threads
Source: IANS
2024-02-22 11:41:23 am
India to oppose extended e-commerce tariff ban at WTO meet India will oppose U.S. and European efforts to extend a global ban on cross-border e-commerce duties at the World Trade Organization meeting next week, two government officials said on Tuesday, fearing a continued huge loss of revenue. New Delhi, South Africa and Indonesia want to allow developing nations to tax cross-border electronic transmissions and India will push the case at the WTO's Ministerial Conference in Abu Dhabi starting on Monday, the officials said. New Delhi has sai...
India to oppose extended e-commerce tariff ban at WTO meet
India to oppose extended e-commerce tariff ban at WTO meet
Source: Reuters
2024-02-21 09:07:25 am
In a first, APEDA plans trial run of mango, pomegranate exports by sea to USA & Europe Agricultural and Processed Food Products Export Development Authority (APEDA) is planning to send trial shipments of mangoes and pomegranates to the USA and the European Union by sea with the aim of bringing down the transport cost of exporting fresh fruits, the Commerce and Industry Ministry said on Tuesday. “The move is being undertaken as a significant breakthrough has already been achieved with bananas being successfully shipped by sea to the Netherlands in November and to Russia...
In a first, APEDA plans trial run of mango, pomegranate exports by sea to USA & Europe
In a first, APEDA plans trial run of mango, pomegranate exports by sea to USA & Europe
Source: IANS
2024-02-20 06:06:13 pm
Apple allows developers to add alternative app stores ahead of new EU law Apple has allowed developers to add alternative app stores ahead of the European Union’s Digital Markets Act (DMA) that will come into force next month. The tech giant said in an update that developers in the EU can now add alternative app marketplaces and generate alternative distribution packages. “Turn on notifications to automatically inform alternative app marketplaces about package updates. Submit iOS apps for notarisation,” said the company. The notarisation ...
Apple allows developers to add alternative app stores ahead of new EU law
Apple allows developers to add alternative app stores ahead of new EU law
Source: IANS
2024-02-09 05:54:07 pm
European Union countries unanimously endorse `landmark` AI legislation The 27 member states of the European Union (EU) have unanimously endorsed the bloc's "landmark legislation" governing the utilization of artificial intelligence (AI), also known as the EU AI Act, according to European Commissioner for the Internal Market Thierry Breton. Breton described the move as "historic, world first, pioneering" on the social media platform X, emphasizing that negotiators have found the "perfect balance between innovation and safety."...
European Union countries unanimously endorse `landmark` AI legislation
European Union countries unanimously endorse `landmark` AI legislation
Source: IANS
2024-02-03 03:57:50 pm
Apple made it `very difficult` to build rival app stores in European Union: Zuckerberg  Apple has made it very difficult for others to build rival app stores in the European Union (EU), Meta founder and CEO Mark Zuckerberg has said. Apple maintains that side-loading represents a security threat. However, the EU's upcoming Digital Markets Act (DMA) has forced the tech giant to make App store changes in the region, including new fees. "I don't think that the Apple thing is going to have any difference for us. Because I think that the way they have implemen...
Apple made it `very difficult` to build rival app stores in European Union: Zuckerberg
Apple made it `very difficult` to build rival app stores in European Union: Zuckerberg
Source: IANS
2024-02-02 01:48:14 pm
Apple announces changes to iOS, Safari, App Store ahead of EU DMA Act  Apple has announced changes to iOS, Safari, and the App Store in the European Union in response to the Digital Markets Act (DMA) coming into force in March. For users, the changes include new controls and disclosures, and expanded protections to reduce privacy and security risks the DMA creates, the company said in a statement. The key news is that third-party app stores will be allowed on iOS for the first time. The changes will arrive with iOS 17.4 in March. The changes inclu...
Apple announces changes to iOS, Safari, App Store ahead of EU DMA Act
Apple announces changes to iOS, Safari, App Store ahead of EU DMA Act
Source: IANS
2024-01-26 02:03:56 pm
Cabinet okays pact with Europian Union on chip technology The Union Cabinet has approved a Memorandum of Understanding (MoU) signed between the Centre and the European Commission on Working Arrangements on Semiconductors Ecosystems, its supply chain and innovation under the framework of EU-India Trade and Technology Council (TTC). The MoU, signed on November 21, 2023, intends to strengthen cooperation between India and European Union (EU) towards enhancement of semiconductor technology for the advancement of Industries and digital technologies, a...
Cabinet okays pact with Europian Union on chip technology
Cabinet okays pact with Europian Union on chip technology
Source: IANS
2024-01-18 02:47:30 pm
How an election-packed 2024 could swing world markets Countries making up over 60% of the world's economic output and more than half of its population hold elections this year. Markets face a "ballot box bombshell", financial services group Morningstar says, adding: "prior experience of this kind of event risk shows big changes can cause sell-offs". Here's a look at the elections that matter for markets, in roughly chronological order for the coming year. 1/ TAIWAN Date: Jan 13 Back story: Taiwan'...
How an election-packed 2024 could swing world markets
How an election-packed 2024 could swing world markets
Source: Reuters
2024-01-10 03:02:10 pm
EU-India collaboration can elevate Indian unicorns: Former Belgian Prime Minister  Former Prime Minister of Belgium Yves Leterme has said that the collaboration between the European Union and India can elevate Indian unicorn and enhance digital competition. He was addressing an international conclave on 'India-EU as strategic partners for the future of higher education' at Woxsen University in Hyderabad on Tuesday. "The EU, India, and the US are the biggest democracies in the world. The new rising power India is a democracy that protects its values ...
EU-India collaboration can elevate Indian unicorns: Former Belgian Prime Minister
EU-India collaboration can elevate Indian unicorns: Former Belgian Prime Minister
Source: IANS
2024-01-10 09:40:40 am
EU members agree to lift air, maritime internal border controls with Bulgaria, Romania EU member states have reached a unanimous agreement to eliminate air and maritime internal border controls with Bulgaria and Romania, paving the way for the two countries to gain full access to the Schengen area, according to the Council of the EU. Commencing March 31, 2024, checks on individuals at EU internal air and maritime borders between Bulgaria and Romania and the other Schengen countries will be removed, said the Council. Regarding the remaining aspects of the Schengen acquis, ...
EU members agree to lift air, maritime internal border controls with Bulgaria, Romania
EU members agree to lift air, maritime internal border controls with Bulgaria, Romania
Source: IANS
2023-12-31 09:16:16 am
Global coal demand expected to decline in 2026: IEA After reaching an all-time high this year, global coal demand is expected to decline in 2026 by 2.3 per cent, said the latest edition of the International Energy Agency’s (IEA) annual coal market report on Friday -- the first time that the report has predicted a drop in global coal consumption over its forecast period. Coal 2023 sees global demand for coal rising by 1.4 per cent in 2023, surpassing 8.5 billion tonnes for the first time. The global increase masks stark differences amo...
Global coal demand expected to decline in 2026: IEA
Global coal demand expected to decline in 2026: IEA
Source: IANS
2023-12-15 11:28:54 am