trillion

  1. LG Energy Solution's operating profit falls 58 percent as EV sales decline

    LG Energy Solution's operating profit falls 58 percent as EV sales decline

    Operating profit for the three months ended June is forecast to decline to 195.3 billion won ($142 million) from 460.6 billion won in the same period last year, LGES said in a statement."Falling lithium and other metal prices weighed on EV battery prices and led to lower demand for automakers...
  2. Union Budget: Infra boost, structural reforms for sustainable growth
Major Industry Wish List

    Union Budget: Infra boost, structural reforms for sustainable growth Major Industry Wish List

    According to industry chambers, by prioritizing structural reforms, strategic infrastructure development, sector-specific initiatives and a rationalized tax system, India can meet the current challenges and emerge as a stronger and more competitive economy in the long run.Assocham has...
  3. UP government is promoting PPP model to achieve the target of one trillion dollar economy by 2027-28

    UP government is promoting PPP model to achieve the target of one trillion dollar economy by 2027-28

    Lucknow (Uttar Pradesh) [India], The Uttar Pradesh government is adopting the Public Private Partnership (PPP) model in various sectors to achieve the $1 trillion economic target for Uttar Pradesh by 2027-28.To achieve the target of a trillion-dollar economy by 2027-28, Uttar Pradesh needs a...
  4. Pakistan's debt reaches record high of PKR 67.816 trillion: report

    Pakistan's debt reaches record high of PKR 67.816 trillion: report

    Karachi [Pakistan], Pakistan's total debt has reached a new high, reaching PKR 67.816 trillion by May 2024, according to an ARY News report citing the State Bank of Pakistan (SBP).Central bank data reveals a significant 15 percent increase in the federal government's total debt over the past...
  5. Securitization volume in India to reach Rs 45,000 crore in Q1FY25: Report

    Securitization volume in India to reach Rs 45,000 crore in Q1FY25: Report

    According to ICRA, except for HFCs, securitization volumes remained largely stable on a year-on-year (YoY) basis.It is estimated that the securitization volume will increase in the next quarters and cross Rs 2 trillion by FY2025.Securitization is a process whereby a lender makes a loan or a...
  6. Samsung sets up development team for high-bandwidth memory chips

    Samsung sets up development team for high-bandwidth memory chips

    HBM's new development team, part of an organizational overhaul of the company's semiconductor division, aims to consolidate R&D functions and strengthen research efforts, according to sources.Vice President Sohn Young-soo, an expert in high-performance DRAM design, will lead the team, Yonhap...
  7. India's GDP set to reach US$4 trillion, target of US$5 trillion amid global challenges: Sanjeev Sanyal

    India's GDP set to reach US$4 trillion, target of US$5 trillion amid global challenges: Sanjeev Sanyal

    Cambridge [UK], During the Cambridge India Conference held at the historic Cambridge Union, Sanjeev Sanyal, member of the Prime Minister's Economic Advisory Council of India, predicted reaching a GDP milestone of $4 trillion this year, surpassing the global growth rates.He shared insights on...
  8. UN proposes sharing DNA sequences of plants, animals and microbes at COP16

    UN proposes sharing DNA sequences of plants, animals and microbes at COP16

    six weeks before the meeting of nations in Montreal, Canada, on 12–16 August for final negotiations within the DSI Intergovernmental Negotiating Group before the matter comes up for decision at the United Nations Conference on Biological Diversity (COP 16) in Colombia, USA, in October. Documents...
  9. Indian equity markets surge nearly 14 percent in June quarter, lead world's top 10

    Indian equity markets surge nearly 14 percent in June quarter, lead world's top 10

    Currently, the Indian equity market is the fifth largest stock market in the world with a market capitalization of $5 trillion.Between April and June, the market valuation of the US markets, the world's largest stock market, increased by 2.75 percent to $ 56 trillion.The valuation of China's...
  10. SK Group to secure $58 billion for AI, chip investments by 2026

    SK Group to secure $58 billion for AI, chip investments by 2026

    SK Group said in a statement that about 20 chief executives of the group's major affiliates gathered at its research center in Ich'on, 58 kilometers southeast of Seoul, from Friday to Saturday to come up with investment plans for future growth."The group needs to make comprehensive changes in...
  11. Exclusive: It is government's policy to keep state's financial position strong, says Ajit Pawar

    Exclusive: It is government's policy to keep state's financial position strong, says Ajit Pawar

    Instead, he told IANS, the budget proposals were announced after taking into account all legal and financial aspects and, above all, after the expected increase in tax revenue. He said through the budget the state government has reiterated its commitment and determination to increase growth and...
  12. The worst economic prospects for developing countries in a generation: SDG2024

    The worst economic prospects for developing countries in a generation: SDG2024

    New Delhi [India], the Department of Economic and Social Affairs, an arm of the United Nations (UN), said developing countries face the worst medium-term economic prospects in a generation. The Sustainable Development Goals (SDG) investment gap in these countries now amounts to $4 trillion a...
  13. South Korea's pharmaceutical, biotechnology exports rise 55 percent in first half

    South Korea's pharmaceutical, biotechnology exports rise 55 percent in first half

    According to the data, in the first six months of the year, the country exported pharmaceuticals and biotechnology worth 4.5 trillion won (about $3.26 billion), up 55 percent from 2.9 trillion won (about $2.09 billion) in the same period last year. is more. Korea Pharmaceutical and Bio-Pharma...
  14. US pulled out of Paris agreement due to non-payment by India, China: Former President Trump

    US pulled out of Paris agreement due to non-payment by India, China: Former President Trump

    Atlanta, Former US President Donald Trump said his administration opted out of the historic Paris Climate Agreement in 2017 as it was a "scam" that would have cost Washington $1 trillion as it claimed that India, China and Russia were not I'm paying for it.Trump, the presumptive Republican...
  15. PM Gati Shakti Yojana is transforming India's infrastructure: Morgan Stanley

    PM Gati Shakti Yojana is transforming India's infrastructure: Morgan Stanley

    New Delhi [India] In a recent report, American multinational investment bank and financial company Morgan Stanley praise Prime Minister Gati Shakti's plan.The report says that India has significantly expanded its infrastructure over the past decade, investment is not only increasing but is...
  16. South Korea to provide $12.2 billion policy financing for chip industry

    South Korea to provide $12.2 billion policy financing for chip industry

    It is part of execution plans for a comprehensive support package worth 26 trillion won announced by President Yoon Suk Yeol last month and is designed to support the key industry amid intense global competition.Under the plan, according to the Ministry of Economy and Finance, the government...
  17. Pak government's borrowing is higher than in the last two financial years

    Pak government's borrowing is higher than in the last two financial years

    Karachi [Pakistan], In a fiscal year marred by record borrowing and rising debt servicing costs, the Pakistani government faces substantial financial challenges as it navigates through economic uncertainties and inflationary pressures, Dawn reported."Government borrowing in the first 11 months...
  18. Pre-Bud Meet: Exporters will look for support measures to boost exports

    Pre-Bud Meet: Exporters will look for support measures to boost exports

    New Delhi: Exporters are likely to seek fiscal support measures at their pre-budget meeting with Finance Minister Nirmala Sitharaman here on Tuesday to boost the country's exports to $2 trillion by 2030, a senior official said. industry.The country's exports of goods and services have...
  19. Samsung, Hyundai Motor lead R&D spending despite low earnings

    Samsung, Hyundai Motor lead R&D spending despite low earnings

    The country's top 1,000 companies planned to invest a combined 72.5 trillion won ($52.12 billion) in 2023, up 8.7 percent from a year earlier, according to data from the Ministry of Trade, Industry and Energy and the Korea Institute for Advancement of Technology.According to the Yonhap news...
  20. India's growth will be led by governance, infrastructure and green energy: Gautam Adani

    India's growth will be led by governance, infrastructure and green energy: Gautam Adani

    New Delhi [India], India's cumulative infrastructure spending will exceed $2.5 trillion by 2031, industrialist Gautam Adani highlighted on Wednesday, saying the stage is already set to create a multi-trillion-dollar market space in the country. Are present.At an event organized by CRISIL on...
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