As India consolidates its position in the global defence landscape, the upcoming budget is anticipated to provide crucial insights into the nation's commitment to bolstering its defence capabilities.
The proposed drone deal is part of broader efforts to strengthen defence ties between the United States and India. In June 2023, US President Joe Biden and Prime Minister Modi welcomed India's plans to procure Predator drones made by General Atomics.
The United Arab Emirates, Netherlands, and Malaysia were among the top buyers of Indian petroleum products in January including diesel, jet fuel, gasoline, and naphtha among others.
LG CNS develops coding services based on generative AILG CNS has developed a large language model (LLM) optimized for generative AI services that can write code, targeting markets such as finance companies that place importance on data security.
Russia's digital currency initiative, the Bank of Russia has announced that 17 additional credit institutions, including major players like Sberbank, Tinkoff Bank, Russian Agricultural Bank, and Expobank, are gearing up to join the digital ruble pilot project.
At the opening of trading on Wednesday, the Moscow Exchange witnessed fluctuations in major currency exchange rates. The dollar, in particular, experienced a decline of 11.5 kopecks, settling at 89.6 rubles compared to the previous close.
Qiwi Group, a prominent player in payment services, has achieved the successful completion of the sale of its Russian assets, as announced by the company's new CEO, Alexey Mashchenkov.
GS Engineering & Construction, a leading South Korean construction and engineering company, reported a net loss of 313.7 billion won ($235.5 million) for the fourth quarter, indicating a continuation of financial challenges compared to the same period a year ago.
South Korean stocks experienced a slight decline, influenced by a drop in semiconductor stocks following the announcement of fourth-quarter earnings by chip giant Samsung Electronics.
Korean Air's proposed merger with domestic rival Asiana Airlines has received approval from Japan's antitrust regulator, the Japan Fair Trade Commission.
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