VIETNAM
A young Indian co outranks giants Aditya Birla Capital & Titan to top list of 500 high-growth Asia-Pacific firms
Lendbox, an Indian peer-to-peer lending platform, topped the Financial Times and Statista’s 2025 list of 500 high-growth Asia-Pacific companies. The Delhi-based firm recorded 536% growth, reaching $51 million in 2023. Alongside Lendbox, 80 other Indian companies, including BluSmart and Meesho, made the list.
Global uncertainty may cloud steel outlook: Aditya Welekar
Steel industry shares reflect anticipated price hikes and valuation improvements due to the imposition of a 12% safeguard duty, which may lead prices to rise by Rs 1000 to Rs 2000 per tonne. Continuous monitoring is required due to geopolitical and macroeconomic uncertainties, especially from China.
Global scam calls surge in India as fraudsters exploit cheap international routes
Scammers are exploiting India's low international termination charges (ITC) to flood the country with spam calls via overseas networks. Local telcos, including Jio, Airtel, and Vi, have urged the telecom regulator to increase ITC rates to deter fraud. They argue higher charges would reduce phishing attempts and spam while boosting government revenue.
The drums of war echo through steel’s scrapyard
With steel critical for military and infrastructure, governments worldwide are supporting the industry despite its pollution problems and need for restructuring.
Smart about smartphones: India must act fast to retain electronics trade advantage amid US tariff shift
The US has imposed a 20% tariff on Chinese goods, offering India a chance to become a key supplier in the electronics market. However, reciprocal tariffs by the US on Indian exports could shift investments to Vietnam. Fast-tracking tariff reductions and securing a bilateral trade agreement with the US are crucial for India to capitalize on this opportunity.
35,000 tonnes of rice from India, Vietnam arrive at Bangladesh port
Two ships from India and Vietnam have arrived at Bangladesh's Chittagong port, transporting 35,000 tonnes of parboiled rice. The shipments are part of agreements with both countries, including a Government-to-Government deal with Vietnam for 100,000 tonnes. Nearly 50,000 tonnes of rice were also recently imported from Pakistan.
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Banks in direct link-up with I4C to check fraud on accounts
Until now, banks and payment firms relied on manual information when a customer filed a complaint with I4C on payment frauds. However, from now on, alerts will be automatically generated in the bank's system, prompting faster action.
India’s tiger boom at risk: Trafficking resurges amid soaring demand for tiger bones in China & Vietnam
The resurgence in tiger poaching in India, driven by rising demand for tiger bones in traditional medicines in China and Vietnam, threatens the country's successful tiger conservation efforts. A sophisticated wildlife trafficking network through Mizoram-Myanmar has emerged, prompting multi-state law enforcement operations and multiple arrests.
India's electronics manufacturing sector grapples with uncertainty over Trump's tariff threat
Donald Trump's proposed reciprocal tariffs could disrupt India's electronics and semiconductor industries, impacting smartphone exports and manufacturing incentives. Experts urge policy adjustments to safeguard India's role as a global manufacturing hub amid shifting geopolitical trade dynamics.
Pat Sajak’s Celebrity Wheel of Fortune: Why is it delayed and when will the episode air?
Available for streaming on Hulu in the U.S., the show is expected to draw significant viewership when it finally makes its midseason debut.
Frequency of Rahul Gandhi's visits to Vietnam very curious: BJP
The BJP criticized Rahul Gandhi for spending significant time in Vietnam rather than his constituency and questioned his frequent visits. BJP leader Ravi Shankar Prasad highlighted Gandhi's multiple trips and accused him of neglecting his responsibilities. Meanwhile, Congress defended Gandhi’s right to travel, countering BJP's allegations of politicizing his private visits.
Tamil Nadu announces special package for paddy growers, international exposure visit for farmers
Tamil Nadu government will implement a Rs 102 crore package to boost paddy area and food grain production across non-Cauvery Delta districts, and allocate Rs 58 crore for similar efforts in the Delta districts. The package includes subsidies for machine planting, quality seeds distribution, and farmer exposure visits to Japan, China, and Vietnam.
For GenX, holidays a festive dip into culture, adventure
More Indians are planning trips around festivals, both domestically and internationally, seeking unique cultural experiences. There is a rise in advanced bookings for major festivals, with festival tourism driving year-round travel demand and contributing to the overall economic impact.
Tough G7 statement drops 'one China' reference from Taiwan language
G7 foreign ministers toughened their stance on China, enhancing their language on Taiwan and dropping conciliatory references to 'one China' policies. They expressed concerns over China's nuclear build-up and actions in the East and South China Seas. The ministers emphasized opposition to changing the status quo by force and raised alarms about China's non-market practices and potential supply chain disruptions.
Potential for SMEs to contribute up to 50% of GDP through AI, tech transformation: OfBusiness
"AI and technology transformation can scale-up SMEs production and then reach to 50% contribution to the GDP from the current 30%, and enhancing employment from 110 million to 175 million, particularly in tier-2 and tier-3 cities, would not be difficult. This would prove to be a major game-changer for the Indian economy," OfBusiness said in a statement.
Parl panel on health: Cos scared to set up units due to CDSCO approach
The Parliamentary Standing Committee on Health and Family Welfare criticized the Central Drugs Standard Control Organisation (CDSCO) for delays and lack of transparency in the drug licensing process. They recommended streamlining the system and establishing an independent advisory board to improve India's medical device industry.
Strong bookings for short haul international destinations: Travel portals
High demand for leisure getaways is observed this Holi, with bookings surging for both domestic cultural hubs like Jaipur and Varanasi, and international short-haul destinations like Vietnam and Malaysia. MakeMyTrip and Ixigo report significant year-on-year increases in accommodation and flight bookings, driven by the long weekend and attractive airfare discounts.
PUBG Mobile 3.7 update: New content, how to download, and release date
PUBG Mobile 3.7 update release today: The PUBG Mobile 3.7 update titled 'Golden Dynasty' will be available on March 7, 2025. Players can expect a new themed mode, the Rondo map, gameplay enhancements, and various fixes. The new content will be accessible through the Google Play Store, App Store, Samsung Galaxy Store, Huawei AppGallery, and the official PUBG Mobile website.
Global trade to grow despite US tariff policies, says DHL Group CEO
Global trade is expected to grow, though less robustly, influenced by U.S. President Trump's tariff policies. The DHL Trade Atlas projects a 3.1% annual growth rate from 2024 to 2029, with India, Vietnam, Indonesia, and the Philippines leading the growth despite potential tariff impacts.
Food inflation set to soar? Experts share essential items to buy now before tariffs drive prices even higher
Food costs in the US are expected to rise due to new tariffs imposed by President Trump on imports from Canada and Mexico. Prices of staple foods like meat, seafood, fruits, and vegetables will increase. Experts recommend stocking up on regularly consumed items to avoid paying higher prices in the future.
One global market is barreling toward a war with Trump’s latest tariff offensive
Trump is imposing a 25% import tariff on steel to revive US steel towns. The global steel market faces potential oversupply and increased protectionism as nations like South Korea, Vietnam, and the EU implement similar measures. The primary target is China, whose steel exports surged last year, posing challenges for steelmakers and governments.
South Korean steelmakers eye U.S. production, higher-value products as Trump tariffs kick in
South Korean steelmakers POSCO Holdings and Hyundai Steel are exploring new investment options in the U.S. and India in response to increased U.S. tariffs on steel and aluminium imports. The new tariffs, reinstating a 25% duty, impact major exporters, including South Korea. The South Korean government plans support measures for domestic firms' overseas investments.
Kolkata-based B2B education platform Crizac gets Sebi Nod for Rs 1,000 crore IPO
Crizac has received SEBI approval for a Rs 1,000 crore IPO, entirely an offer for sale (OFS). The OFS includes Rs 841 crore worth of shares from Pinky Agarwal and Rs 159 crore from Manish Agarwal. A Kolkata-based B2B education platform, Crizac provides international student recruitment solutions across the UK, Canada, Ireland, Australia, and New Zealand.
Singapore warns of tariff cascade as worried Asia eyes Trump
Singapore's Deputy Prime Minister Gan Kim Yong cautions that the US-imposed tariffs on its major trading partners might hamper global economic growth and disrupt supply chains.
Phonemaker says its screen is full of Motorola orders
Lenovo's Motorola plans to ramp up smartphone production and exports from India after US tariffs on Chinese imports. Dixon Technologies reports healthy volumes of over 1 million units monthly and expects a significant increase. Motorola aims to export 12-18 million units to the US, despite potential reciprocal tariffs, highlighting a shift from China to India and Vietnam.
Double down on India, but don’t overlook Vietnam—a hidden investment gem, says Jim Walker
Jim Walker, Chief Economist at Aletheia Capital, highlights India's exceptional policy stability and macroeconomic foundation, making it an ideal long-term investment hub. He also emphasizes Vietnam's promising economic and political stability, predicting substantial growth in the coming years, making it another attractive destination for investors.
India readies terms of reference for bilateral trade pact with US
India is preparing for a potential bilateral trade agreement with the US, aiming to complete the first phase of negotiations by fall. The commerce ministry is gathering industry wish lists for tariff concessions from Washington. The discussions include reducing tariffs on items such as American nuts and seeking a zero-duty structure for textile trade to boost exports.
Asia Rice: India rates hit lowest since June 2023, Vietnam sees demand pick up
Indian rice export prices reach their lowest since June 2023 due to weak demand and abundant supplies, with 5% broken parboiled rice quoted at $409-$415 per tonne.
US withdrawing from plan to help major polluters move from coal, sources say
The United States is pulling out of the Just Energy Transition Partnership (JETP), an initiative by wealthier nations to support developing countries in shifting from coal to clean energy. The withdrawal affects financial commitments made to South Africa, Indonesia, and Vietnam, totaling over $4 billion.
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