New Delhi, June 26 (IANS) Foxconn Singapore -- a subsidiary of Taiwan's Hon Hai Technology Group -- has approved an investment of $37.2 million in its India-based subsidiary, Foxconn Hon Hai Technology India Mega Development Private Limited, as part of its long-term investment strategy, according to the company's regulatory filing.
New Delhi, June 26 (IANS) Goldman Sachs has raised India's GDP growth forecast to 6.8 per cent for calendar year 2026 from 6.5 per cent earlier, following the US-Iran peace deal that has led to lower global oil prices and eased supply chain disruptions.
New Delhi, June 26 (IANS) MSMEs today play a pivotal role in driving India's economic growth and industrial development and the sector contributes about 31.1 per cent in GDP, 35.4 per cent in manufacturing output and 48.58 per cent in exports (as per January 2026), an official fact-sheet said on Friday ahead of the World MSME Day.
New Delhi, June 26 (IANS) India retained its position among the world's leading startup ecosystems with 61 unicorns, ranking fourth globally in the Hurun Global Unicorn Index 2026.
London/New Delhi, June 26 (IANS) Commerce and Industry Minister Piyush Goyal on Friday said that India and the UK remain committed to fostering an ecosystem that promotes innovation, investment, and holistic growth for both nations.
Seoul, June 26 (IANS) South Korea's bourse operator on Friday activated a circuit breaker for the benchmark Korea Composite Stock Price Index (KOSPI) as stocks crashed due to a slump in tech heavyweights.
New Delhi, June 25 (IANS) As geopolitical tensions, trade disruptions and economic uncertainty continue to weigh on several global markets, India is increasingly emerging as a preferred investment destination for multinational corporations.
Mumbai, June 25 (IANS) Adani Airports on Thursday unveiled an ambitious programme to develop integrated airport cities across its airport network in five states with an investment of more than Rs 20,000 crore in the first phase.
New Delhi, June 25 (IANS) As India doubles down on electric vehicle (EV) transition, experts on Thursday said that electric mobility offers great potential for the country’s energy solutions, with huge potential for green growth and clean air.
New Delhi, June 25 (IANS) The Ministry of Heavy Industries has extended timelines for a global tender under the scheme to promote manufacturing of Sintered Rare Earth Permanent Magnet (REPM) to facilitate wider participation and provide additional time for stakeholders in bidding process, an official statement said on Thursday.
