Business News: Economy & Markets

India’s innovation-led growth offers long-term optimism despite global turmoil: WIPO Economist

IANS | June 23, 2026 2:17 PM

Dalian (China), June 23 (IANS) Despite rising geopolitical tensions and economic disruptions triggered by conflicts in the Middle East, India’s long-term economic prospects remain positive, driven by its growing innovation ecosystem and strong economic fundamentals, Carsten Fink, Chief Economist at the World Intellectual Property Organisation (WIPO) said on Tuesday.

AI should create space for reflection and meaningful human experiences: Industry leaders

IANS | June 23, 2026 1:45 PM

Dalian (China), June 23 (IANS) Artificial intelligence should move beyond improving productivity and help create space for reflection, creativity and deeper human experiences, experts said on Tuesday at the World Economic Forum's Annual Meeting of the New Champions -- known as Summer Davos -- being held here.

Adani Mundra Airport connects Kutch to 8 cities to unlock huge economic potential

IANS | June 23, 2026 1:43 PM

Mundra (Gujarat), June 23 (IANS) In a bid to unlock unprecedented economic potential for the Kutch region in Gujarat, Adani Mundra Airport on Tuesday announced the launch of its inaugural scheduled flight service, connecting Mumbai and Goa.

KOSPI crashes nearly 10 pc in S. Korea on massive tech sell-offs

IANS | June 23, 2026 1:35 PM

Seoul, June 23 (IANS) South Korean stocks tumbled nearly 10 per cent on Tuesday as foreign investors dumped major semiconductor shares and other market heavyweights amid profit-taking, tracking overnight losses in US technology stocks. The local currency weakened against the US dollar.

India-Russia eastern sea route gains importance amid West Asia crisis

IANS | June 23, 2026 1:31 PM

New Delhi, June 23 (IANS) With the West Asia conflict leading to energy shocks and disruption in supply chains due to the choking of Strait of Hormuz, the importance of alternative trade routes for countries like India has come to the fore, according to a new report.

India, US moving decisively towards finalising bilateral trade deal: Sergio Gor

IANS | June 23, 2026 11:53 AM

New Delhi, June 23 (IANS) India and the United States are moving decisively towards finalising a bilateral trade agreement that could unlock new economic opportunities and deepen bilateral economic ties, US Ambassador to India Sergio Gor said on Tuesday as US Trade Representative (USTR) Jamieson Greer arrived here for key trade talks with Union Minister of Commerce and Industry Piyush Goyal.

Telegram restored on Play Store in India after week-long block (Lead)

IANS | June 23, 2026 11:06 AM

New Delhi, June 23 (IANS) The messaging platform Telegram on Tuesday returned to the Google Play Store after the government temporarily blocked access to the messaging platform across India as a precautionary measure because of the NEET UG 2026 re-examination.

India clocks robust but softer economic growth in June, PMI recorded at 57.4

IANS | June 23, 2026 10:43 AM

New Delhi, June 23 (IANS) Private sector activity eased a bit in June in India amid geo-political tensions, while overall new orders volumes continued to rise strongly this month, the Purchasing Managers' Index (PMI) data showed on Tuesday.

India's growth story to be powered by agriculture, technology: Experts at Summer Davos

IANS | June 23, 2026 10:24 AM

Dalian (China), June 23 (IANS) India remains one of the world's most important and fastest-growing economies and is expected to continue its strong growth trajectory in the years ahead, experts said on Tuesday at the World Economic Forum's Annual Meeting of the New Champions -- called Summer Davos -- being held here.

Microsoft CEO Satya Nadella warns against AI concentration

IANS | June 23, 2026 10:15 AM

Washington, June 23 (IANS) Microsoft Chief Executive Satya Nadella has issued a sharp warning against the growing concentration of power in the artificial intelligence industry, arguing that a handful of companies should not dictate the future of a technology that is reshaping economies, workplaces and societies.

business

India’s innovation-led growth offers long-term optimism despite global turmoil: WIPO Economist

AI should create space for reflection and meaningful human experiences: Industry leaders

Adani Mundra Airport connects Kutch to 8 cities to unlock huge economic potential

KOSPI crashes nearly 10 pc in S. Korea on massive tech sell-offs

India-Russia eastern sea route gains importance amid West Asia crisis

India, US moving decisively towards finalising bilateral trade deal: Sergio Gor

Telegram restored on Play Store in India after week-long block (Lead)

India clocks robust but softer economic growth in June, PMI recorded at 57.4

India's growth story to be powered by agriculture, technology: Experts at Summer Davos

Microsoft CEO Satya Nadella warns against AI concentration

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