ru24.pro
News in English
Сентябрь
2024

Новости за 13.09.2024

Bimaru to boom state: UP will now have a chip on its shoulder

Economictimes.indiatimes.com 

Uttar Pradesh is transforming from a low-industrialized state to a booming electronics hub. The state has attracted significant investments, including a semiconductor plant by Foxconn and HCL Group near Jewar airport. Major projects like Samsung's mobile unit and the UP Defence Industrial Corridor are also underway, aiming for a $1 trillion economy by 2027-28.

Passenger vehicle wholesales dip 2 pc in August as OEMs cut dispatches

Economictimes.indiatimes.com 

Domestic passenger vehicle wholesales in India saw a slight decline of about 2 per cent year-on-year in August, as companies reduced dispatches to manage dealer inventory amid lower demand. According to SIAM, total passenger vehicle dispatches stood at 3,52,921 units compared to 3,59,228 units in August 2023. However, two-wheeler wholesales rose by 9 per cent to 17,11,662 units. The festive season and government schemes are expected to boost future demand.

Dollar hits nine-month low versus yen as Fed debate reignites

Economictimes.indiatimes.com 

U.S. economic data this week appeared to support the case for a typical 25 basis point (bp) cut next week, with the measure of consumer price inflation that strips out volatile food and energy prices rising more than expected in August.