Search Results for: economic growth

India's position set to rise in global supply chains with huge chip investments

India Poised to Become Global Semiconductor Hub; $30 billion investment in 3 years

India is set to become a global hub for semiconductor manufacturing, with an expected investment of up to $30 billion in the next three to five years. The Maharashtra government approved a semiconductor manufacturing project by Israel's Tower Semiconductor and the Adani Group, expected to create at least 15,000 jobs. Sep 8, 2024
China allocates disaster relief funds to Hainan, Guangdong

China grants disaster relief funds to Hainan, Guangdong

China's top economic planner said on Saturday that 200 million yuan (approximately $28.2 million) has been allocated from the Central budget to support disaster relief and recovery efforts in Hainan and Guangdong provinces. Sep 8, 2024
India's Beauty Market Set to Outpace Global Giants

India's Beauty Market Set to Outpace Global Giants

India is on track to become a global powerhouse in the beauty and personal care market, surpassing other major markets such as China, the US, Japan, and South Korea. A report by online beauty and fashion marketplace Nykaa predicts a growth rate of 10-11% by 2028, taking the market value to $34 billion, a significant leap from the current $20 billion. Sep 6, 2024
RG Kar scam case: SC dismisses Sandip Ghosh's plea against CBI probe

RG Kar scam case: SC dismisses Sandip Ghosh's plea against CBI probe

The Supreme Court on Friday refused to entertain a plea filed by Sandip Ghosh, the former principal of Kolkata's R.G. Kar Medical College and Hospital where a woman doctor was found raped and murdered last month, challenging the CBI probe into the alleged financial irregularities at the state-run institute during his tenure. Sep 6, 2024
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