INSEAD Day 4 - 728x90

India

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.
  • Qatar’s Q1 private sector exports hit $2.49 billion, up 17.5%

    Doha, Qatar -- Qatar's private sector exports hit QR 9.1 billion ($2.49 billion) in the first quarter of 2023, representing a 17.5 percent growth year-on-year (YoY) compared to QR 7.73 billion in Q1 of 2022.According to Qatar Chamber's quarterly report issued Tuesday, exports through the General Model amounted to QR...
  • Malaria-free Asia Pacific region within our reach

    Collaborative efforts involving public health professionals, Ministries of Health, and global institutions have been instrumental in the fight against malaria. Challenges such as conflicts, weak health systems, and natural disasters hinder elimination efforts in certain countries, adds Altaf Ahmed Lal of Sun Pharma.
  • India to connect its power grid with Saudi Arabia, UAE

    New Delhi, India--India is looking to connect its power grid with Saudi Arabia and the UAE by way of undersea cables, according to Indian media, citing Union Minister for Power and Renewable Energy Raj Kumar Singh.  The media reports said that India will sign bilateral agreements with Saudi Arabia and...
  • India to become world’s most populous nation this week, says UN

    India will overtake China as the world's most populous country in the coming week, hitting almost 1.43 billion people, the United Nations said. "By the end of this month, India's population is expected to reach 1,425,775,850 people, matching and then surpassing the population of mainland China," the UN Department of...
  • HFZA showcases Sharjah as attractive investment destination at India Steel 2023

    SHARJAH, UAE -  India is among the UAE's most significant investment partners, with substantial mutual investments. Iron and steel rank among the top commodities exported from the UAE to India, the director of Hamriyah Free Zone Authority (HFZA) said. HFZA director made the remarks after the team successfully participated in...
  • Nokia Q1 earnings down

    Nokia's share price was down seven percent at $4.35.
  • India set to overtake China as world’s most populous country: UN

    India's population will be 1.4286 billion compared to China's 1.4257 billion at mid-year, the United Nations Population Fund's State of World Population report showed. China's population shrank last year for the first time in more than six decades, official data showed earlier this year.
  • UAE India’s second biggest export destination, third for imports

    Dubai, UAE -- The UAE continues to be the second most important export destination for India, according to annual trade figures released by India's Ministry of Commerce and Industry. The US and the UAE retained the first and second places respectively in this category during the financial year 2022-23, the...
  • Infosys Q1 profit drops

    Revenue grew 8.8% YoY, but fell 3.2% quarter-on-quarter.
  • DMCC posts record Q1 growth as 708 firms register

    A total of 3049 new companies joined DMCC in 2022.
  • Russian oil sales to India surge as European buyers turn to other markets

    Moscow, Russia--Russian oil sales to India surged more than twentyfold last year as European buyers turned to other markets following the conflict in Ukraine, Russia's deputy prime minister said Tuesday. Russia shifted its oil exports to India and China last year as European Union nations sought to end their reliance on...
  • UAE highlights food, energy insecurity at G20 Finance Track meeting

    CHENNAI, INDIA - The UAE spoke on food and energy insecurity and their implications in the second Framework Working Group (FWG) meeting within the G20 Finance Track for 2023 held here on March 24 – 25. The meeting was held to discuss the progress made on the 2023 FWG work...
  • Johnson & Johnson loses key tuberculosis drug patent in India

    New Delhi, India--India's Patent Office rejected on Thursday US pharmaceutical giant Johnson and Johnson’s application to extend its patent on a key  tuberculosis treatment, allowing local companies to make cheaper generic versions. India accounted for nearly 29 percent of 10.6 million tuberculosis cases worldwide, according to the World Health Organization’s (WHO)...
  • First India-GCC senior officials meeting held in Riyadh

    New Delhi, India - The first ever meeting of senior officials of India and the Gulf Cooperation Council (GCC) was held in Riyadh on Monday, the Indian Ministry of External Affairs here announced. India has been steadily stepping up institutional engagement of the GCC in addition to regular bilateral meetings...
  • Japan PM arrives in India to widen trade, technology ties

    New Delhi, India--Japanese Prime Minister Fumio Kishida arrived in India on Monday for talks expected to focus on deepening trade and technology ties as well as shared concern about China. India and Japan along with the United States and Australia make up the Quad alliance, which positions itself as a bulwark...
  • India looks to broaden partnership with GCC countries

    New Delhi, India--India has stepped up multi-faceted consultations with GCC states ahead of the Group of Twenty (G20) Summit to be held in New Delhi in September under its presidency. A 12th round of India-Oman Strategic Consultative Group meeting in Muscat “reviewed bilateral ties in different domains and identified new...
  • India’s Bharat Dynamics Limited picks EDGE’s GradeOne as partner

    ABU DHABI, UAE - Bharat Dynamics Limited (BDL), a Defense Public Sector Undertaking under India's Ministry of Defense appointed EDGE's GradeOne as an official channel partner. The handing over of the Authorization Letter occurred during the International Defense Exhibition (IDEX) held in Abu Dhabi from February 20-24. Khalifa Al Ali,...
  • Indian, UAE cooperating in green hydrogen development: Indian minister

    New Delhi, India -- India’s Minister for New, Renewable Energy and Power, R K Singh said on Tuesday that India and the UAE have both taken a lead in the development of renewables at low costs.  “The two countries are moving towards a strong relationship in the field of renewable...
  • UAE GDP grew by 7.6%, FDI flows surged to $172bn in 2022: Minister

    New Delhi, India - The GDP of the UAE went up by 7.6 percent in 2022 and the FDI inflows to the country amounted to US$171.6 billion, the UAE minister of economy Abdullah bin Touq Al Marri revealed in his speech at the CII Partnership Summit 2023, being held in...
  • Jebel Ali Free Zone 2022 customer registrations highest in decade

    Dubai, UAE -- DP World’s Jebel Ali Free Zone (Jafza) witnessed the highest customer registrations in a decade in 2022, marking a 30 percent year-on-year growth, and taking the total number of companies to over 9,500. During the past 10 years, Jafza has seen a 13-fold increase in logistics customers,...
  • Debunking India-Indonesia maritime connectivity

    To establish connectivity in the Indian Ocean, the two countries need to look at various other aspects, such as setting up a shipping chamber, holding conferences, and appointing transportation attachés at their diplomatic missions to facilitate shipping ventures between Indian and Indonesian firms, he adds.
  • UAE keen on new technologies, says minister at Raisina Dialogue 2023

    NEW DELHI, INDIA -  UAE Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications Omar Sultan Al Olama said that his country has succeeded in adopting state-of-the-art, digital, and futuristic solutions as a key pillar for enhancing prosperity. Al Olama made this remark at the Raisina Dialogue...
  • Apple to produce iPhones in India

    The proposed factory will be spread over 300 acres.
  • UAE takes part in first G20 Finance Ministers meeting in 2023

    ABU DHABI, UAE -  Minister of State for Financial Affairs Mohamed Hadi Al Hussaini headed the UAE delegation participating in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in 2023. Held for the first time under the Indian presidency in Bengaluru, the meeting discussed the progress under...
  • Germany’s Scholz arrives in India to expand business ties

    New Delhi, India--German Chancellor Olaf Scholz arrived in India on Saturday seeking to deepen business ties between the world's number four and five economies and push for progress on an EU trade deal despite differences over Ukraine. "We want to further strengthen our bilateral relationship with India and our cooperation on...
  • G7 mulls more sanctions on Russia ahead of invasion anniversary

    A senior US official said last week that the United States and its G7 allies planned to unveil "a big new package of sanctions" around the February 24 anniversary, including measures to crack down on the evasion of existing sanctions.
  • Dubai airport arrivals double in 2022 as more Russians pour in

    The UAE has maintained a neutral stance towards Russia's war in Ukraine, which is nearing its one-year anniversary. The Gulf nation has emerged as a top destination for rich Russian emigres fleeing the impact of Western sanctions.
  • UAE, India mark first anniversary of signing CEPA with series of events

    DUBAI, UAE -  Minister of State for Foreign Trade Dr. Thani bin Ahmed Al Zeyoudi has marked the first anniversary of the signing of the landmark UAE-India Comprehensive Economic Partnership Agreement during two important events in the UAE. On Friday, Al Zeyoudi received a delegation from the Federation of Indian...
  • BBC tax raids put India press freedom in spotlight

    Just weeks after the BBC aired a documentary examining Indian Prime Minister Narendra Modi's role in deadly 2002 sectarian riots, tax inspectors descended on the broadcaster's offices. Modi's party says the two are not connected, but rights groups say the BBC raids this week show the parlous state of press...
  • Abu Dhabi Chamber, India’s FICCI explore areas of collaboration

    ABU DHABI, UAE -  The UAE and India share solid relations, said the Abu Dhabi Chamber of Commerce and Industry (ADCCI). M. A Yusuff Ali, Second Vice Chairman of the ADCCI reaffirmed the solid relations between the UAE and India, saying, "The UAE and India share a long history of...
  • India’s Adani Enterprises shares rocket 25%

    The group owned by tycoon Gautam Adani lost around $120 billion in value after claims of accounting fraud were levelled by short-seller US investment group Hindenburg Research on January 24. The slide has raised concerns about the group's ability to raise fresh financing to pay down its debts. It cancelled...
  • Adani shares tank again as Indian opposition stages protests

    The group owned by tycoon Gautam Adani has lost around $120 billion in value since the claims were levelled by short-seller US investment group Hindenburg Research on January 24.
  • UAE, France, India to join hands in energy, climate change sector

    The United Arab Emirates, France and India have issued a joint statement announcing the establishment of a trilateral cooperation initiative and the roadmap to begin its implementation. In the statement the three countries said the initiative will promote the design and execution of cooperation projects in various fields, including energy...
  • UAE participates in G20’s sustainable finance working group meeting for 2023

    ABU DHABI, UAE - The UAE recently participated in the first Sustainable Finance Working Group (SFWG) meeting within the G20 Finance Track for 2023, which was held for the first time under the Indian Presidency. The meeting, which was held at Guwahati, Assam, India, sought to discuss the 2023 SFWG...
  • India’s Adani shares plunge again after stock sale cancelled

    Adani himself issued a video statement on Thursday in which he insisted that the "fundamentals of our company are very strong, our balance sheet is healthy and assets robust". The slide in Adani's personal wealth has seen him fall out of the top 10 real-time Forbes rich list and overtaken...
  • Saudi Arabia wins bid to host 2027 football Asian Cup: AFC

    In the coming years the Saudis, who watched as neighbors Qatar hosted the World Cup in November and December, will hold the women's Asian Cup, the Olympic-sized Asian Games and even the Asian Winter Games on artificial snow.
  • Indian Adani empire strikes back after fraud report

    The slump in the company's stocks was sparked by a report by US short-seller investment group Hindenburg Research that alleged "brazen stock manipulation and accounting fraud scheme over the course of decades". The conglomerate said it was the victim of a "maliciously mischievous" reputational attack and late Sunday issued a...
  • Dubai is the new destination wedding choice for couples

    DUBAI, UAE- Dubai is fast emerging as the city of choice for destination weddings, with a growing number of event planners across the world recommending the city to couples as the perfect venue for their marriage. This is in line with the efforts aimed at boosting the emirate's stature as...
  • UAE takes part in G20’s first Health Working Group meeting

    NEW DELHI, INDIA -   The UAE participated in G20'S first health working group session held in India from January 18 -20. The aim of the meeting was to discuss the priorities for the health track within G20 under the Indian presidency this year. The Indian G20 presidency said that it...
  • India’s Adani Group stocks loses US$45bn over fraud claims

    Continuing with this week's losses to $45 billion after a US investment firm claimed it had committed "brazen" corporate fraud, shares in the business empire of Asia's richest man Gautam Adani fell down on Friday. He began the week as the world's third-richest man but now has dropped down the...
  • Egypt, India launch ‘strategic partnership’ to boost trade

    The two leaders agreed to increase Indian investments in Egypt, which currently stand at "over $3.15 billion" according to their statement, including through a potential "dedicated land area for Indian industries in the Suez Canal Economic Zone". The economic crisis in Egypt, triggered by Russia's invasion of Ukraine last year,...
  • India-UAE partnership summit calls for economic partnerships to drive development plans

    India’s Minister of Commerce and Industry Piyush Goyal highlighted the various prospects of cooperation including leveraging UAE and India’s startup ecosystems.
  • India, Pakistan came close to nuclear war in 2019: Mike Pompeo

    Nearly four years after India and Pakistan used fighter planes to bomb targets in divided Kashmir, former US secretary of state Mike Pompeo has revealed in his memoir "Never Give an Inch" that the two rivals came close to nuclear war in 2019 and that US intervention prevented escalation.
  • RIL posts Q3 profit of US$1.9b

    Profit is 15 percent lower than in the same period last year
  • India’s minister calls on rich nations to ‘walk the talk’ on food systems

    Davos-Klosters, Switzerland-- India's Minister for New and Renewable Energy Raj Kumar Singh has told developed countries to '"walk the talk" on transforming food systems by helping smallholder farmers in developing countries with cheaper access to irrigation, fertilizers and markets. The minister was speaking at a session on “Interplay of Food,...
  • Countries which transform food system can meet net-zero goals, says WEF report

    DAVOS, SWITZERLAND – A  report launched Monday at the World Economic Forum Annual Meeting 2023 shows how countries can accelerate the food systems transformation. The report Food Nature and Health Transitions - Repeatable Country Models reveals how actions and investments can accelerate a country’s transition towards food systems that deliver...
  • UAE takes part in financial inclusion meet under India G20 Presidency

    ABU DHABI, UAE -  The UAE participated in the Global Partnership for Financial Inclusion (GPFI) meeting in the Finance Track of the G20 for 2023 which was held under India’s G20 Presidency. The meeting was held to discuss the GPFI work plan for 2023 and agree on the financial inclusion...
  • World Security, Tansworld sign pact

    The partnership will strengthen workforce in the UAE.
  • 2022 fifth warmest year on record, EU climate report says

    The last eight years were the warmest. Average temperatures across 2022 -- which saw a cascade of unprecedented natural disasters made more likely and deadly by climate change -- make it the fifth warmest year since records began in the 19th century, according to the Copernicus Climate Change Service.
  • UAE’s economic diversification strategy goes hand in hand with growth and expansion of its foreign trade

    The UAE's keenness to open up to the world and work to stamp out obstacles to trade and investment flows translates into a consistent Emirati approach, as trade has always represented an integral part of the history and heritage of the country, he adds in an Op-Ed published by Emirates...