Your next trip to Saudi Arabia just got simpler!Planning a holiday to Saudi Arabia may soon involve far less paperwork and fewer bookings. Instead of applying for a tourist visa, reserving flights and searching for accommodation separately, eligible travellers will soon be able to complete the entire process through a single integrated booking.Saudi Arabia has…
Chinese authorities are reportedly discussing restrictions on overseas access to the country’s most advanced AI models amid growing national security concerns. Chinese authorities have held discussions with some of the country’s biggest technology companies over the past month on restricting overseas access to China’s most advanced artificial intelligence (AI) models, including those that have not…
It seems to be a decade of stress tests for the Indian economy – Covid pandemic, Russia-Ukraine war, US trade policy uncertainty, and now the Middle East conflict. (AI image) The Indian economy has emerged as a picture of resilience amid the US-Iran conflict, with most economic indicators flashing green as the war shows signs…
India has a game plan to become a semiconductor powerhouse, but the real test begins now.According to a recent report by Equirus Securities, the biggest hurdle is not strategy, but execution, with heavy reliance on imported equipment and gaps in the domestic supply chain posing key challenges. The report said India’s semiconductor roadmap draws on…
The Centre has put a stake in Cochin Shipyard Limited (CSL) up for sale, announcing an Offer for Sale (OFS) of 2.52% of the company’s paid-up equity. If the issue sees strong demand, the government can sell another 2.52% through a green-shoe option.The floor price for the OFS has been set at Rs 1,400 per…
As signs of a de-escalation in the West Asia conflict emerged, selling by foreign investors eased, with fresh inflows returning to banks and financial services. (AI image) Foreign Portfolio Investors or FPIs are back on Dalal Street! FPIs turned buyers of financial stocks in the second half of June, purchasing shares worth Rs 14,634 crore…
AI generated image, used only for representational purpose Oil prices inched higher on Tuesday as traders are now focused on supply demand and recovering shipments across the crucial Strait of Hormuz. Around 7 am, WTI crude was trading at $68.83 a barrel, up 0.41% while Brent crude rose 0.38% to $72.26 a barrel.However, the gains…
India and Indonesia are strengthening their bilateral ties, expanding cooperation across defence, trade, technology, maritime security and cultural exchanges. The push comes as Prime Minister Narendra Modi and Indonesian President Prabowo Subianto held talks in Merdeka Palace, Jakarta on Tuesday.PM Modi said that the two countries were embarking on a “golden chapter” in their partnership…
Rupee kicked off Tuesday’s session on a firm footing, rising 15 paise against the US dollar as lower crude price expectations and easing tensions in the Middle East improved market sentiment. Saudi Arabia’s decision to sharply cut oil prices for Asian buyers added to the positive mood. The currency opened at 95.33 in the interbank…
The AI-driven rally that turned South Korea into one of the world’s hottest equity markets ran out of fuel on Tuesday. As of 9:50 am IST, the Korean benchmark tumbled over 7%, to trade at 7,478.61, down 572.72 points. The plunge comes as a sharp reversal for a stock that inched record highs this year,…