South Korea's overseas direct investment declined for the second consecutive year in 2024 amid ongoing geopolitical uncertainties, but the pace of decline slowed compared with the previous year, the finance ministry said on Friday. ...
Hyundai Steel said on Friday it has shifted to an emergency management mode in response to growing challenges, including the recent imposition of steel tariffs by the United States and an ongoing strife with unionised workers. ...
Leading consumer electronics brand Nothing said on Friday it will continue to add more workforce in India, as it has always believed in working with the local economy to provide the necessary boost. ...
India has taken the lead in providing finance to renewable energy projects by including them in “priority sector lending” to accelerate the country’s transition to a low carbon econo...
South Korea has adopted new measures to bolster its capabilities for the stable supply of energy amid climate change and higher demand for electricity and thermal energy, the industry ministry said on Friday. ...
The Steel Research Technology Mission of India (SRTMI), a joint initiative of the Indian steel industry and academia supported by the Ministry of Steel, launched three new R&D schemes and a web portal during the event “Catalyzing R&D in the Indian Steel Sector” at Vigyan Bhawan here on Wednesday. ...
Mercedes-Benz Korea, Volkswagen Group Korea, Toyota Motor Korea and two other carmakers will voluntarily recall over 15,000 vehicles due to faulty components, the transport ministry here said on Thursday. ...
The Tiruppur District Job-Working Powerloom Weavers Association, which represents 1.5 lakh members, has announced an indefinite strike starting from March 19, demanding a wage hike. ...
Seoul will come up with a response strategy before the end of this month to deal with the United States' 25 per cent tariff on all steel imports and protect the Korean steel industry, the industry minister said on Thursday. ...
There is an urgent need to build artificial intelligence (AI) solutions suited for India’s language diversity, to bring a billion Indians into the AI-driven digital economy, Infosys co-founder and Aadhaar architect, Nandan Nilekani, has said. ...