DMT Introduces Sahel Rating System to Make Abu Dhabi More Accessible

DMT Introduces Sahel Rating System to Make Abu Dhabi More Accessible

In collaboration with several public and private entities, the Department of Municipalities and Transport (DMT) has introduced the Sahel Rating System, which is intended to be easily accessible throughout Abu Dhabi. In keeping with the goals of...

Hero MotoCorp Acquires 32.5% Stake and Injects Rs 525 Cr in Euler Motors

Hero MotoCorp Acquires 32.5% Stake and Injects Rs 525 Cr in Euler Motors

Hero MotoCorp, a leading motorcycle and scooter manufacturer, has announced a strategic investment of up to Rs 525 crore (approx. $60 million) in Euler Motors, an electric three-wheeler startup. Hero MotoCorp has made...

Japan's Core Inflation Rises 3% in February, Fueling Rate Hike Expectations

Japan's Core Inflation Rises 3% in February, Fueling Rate Hike Expectations

According to government data released on Friday, Japan's core inflation exceeded forecasts and hit 3% in February, supporting the argument for additional interest rate increases. According to economists surveyed, core...

JSW to Establish 0.5 MMT Copper Smelter in India, Odisha by 2028-29

JSW to Establish 0.5 MMT Copper Smelter in India, Odisha by 2028-29

JSW Group, India's steel-to-power conglomerate, plans to build a 500,000 metric ton copper smelter in the eastern state of Odisha by 2028/29, using copper concentrate from Peru and Chile as feedstock, according to the reports. JSW declared...

Saudi Aramco-backed Cognite Launches AI Services Center in Bengaluru

Saudi Aramco-backed Cognite Launches AI Services Center in Bengaluru

Cognite, a Saudi Aramco-backed industrial software firm, opened an AI services center in Bengaluru, southern India and said it was looking into potential contracts with top conglomerates in the country. The company stated that it had...

SAEED Launches New SRTIP Branch to Boost Business Growth

SAEED Launches New SRTIP Branch to Boost Business Growth

The Sharjah Investors Services Center (SAEED) has established a new branch in the Sharjah Research, Technology, and Innovation Park (SRTIP). By taking this action, the emirate hopes to strengthen the gains from its 44% increase in foreign...

Moderate Global Growth Is Driven by Asia's Travel Boom

Moderate Global Growth Is Driven by Asia's Travel Boom

The performance of the travel sector improved marginally, according to the Skift Travel Health Index for January 2025, which was at 102, a 2% improvement over the previous year. In 2024, the tourism sector created new post-pandemic standards,...

The Thai Economy will Rise by Just over 2.5 Percent, with a more Uneven Recovery

The Thai Economy will Rise by Just over 2.5 Percent, with a more Uneven Recovery

According to the minutes of the Bank of Thailand's February 26 monetary policy meeting, which were released on Wednesday, Thailand's GDP grew by little over 2.5 percent this year, which was less than anticipated. The country's economic...

iHub Robotics Secures Rs 4.3 Crore in Pre-seed Funding Round

iHub Robotics Secures Rs 4.3 Crore in Pre-seed Funding Round

iHub Robotics, a humanoid robotics startup, has raised Rs 4.3 crore (approximately $520,000) in a pre-seed funding round from US investors. In October 2023, the business raised $20 million in the same round....

Ford to Resume Chennai Plant Operations for Engine Exports, No Car Production Plans

Ford to Resume Chennai Plant Operations for Engine Exports, No Car Production Plans

Ford has decided to restart its factory near Chennai, which produces and exports engines and related components. An official announcement is anticipated in this year's second quarter, according to sources. However, as part of this plan, Ford...

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