Tag: News

NRIs face tax burden when they sell assets in India

Question: Will the budget proposals introduced last week have any impact on non-resident Indians? I believe some amendments have been made to the capital...

Samsung electronics Q2 shows fastest growth in over a decade

Samsung Electronics Wednesday reported its fastest growth since 2010, with operating profits soaring for the second quarter, as chip prices bounce back and demand...

Indian startup Byju’s nears settlement in cricket board dispute, sources say

Education technology company Byju's is close to settling a $19 million payments dispute with the Indian cricket board, which could free the business from...

Titan Wealth makes Dubai foray with AHR acquisition

Titan Wealth, the private equity backed investment management and financial advice firm, is making a strategic foray into the UAE market with the acquisition...

Rural-urban gap narrows in India

Question: While the Indian economy is growing at a reasonably good pace compared to other countries, will this create a greater divide between rural...

Amazon racing to develop AI chips cheaper, faster than Nvidia’s, executives say

Inside Amazon.com's chip lab in Austin, Texas, half a dozen engineers on a Friday afternoon put a closely guarded new server design through its...

GCC fixed income maturities to remain elevated

Fixed income maturities in the GCC are expected to remain elevated over the coming five years backed by issuances made during the pandemic years...

Emirates Stallions Group reports 128% YoY growth in operational profit in H1 2024

Emirates Stallions Group, the leading conglomerate operating across the workforce solutions, construction and real estate sectors, and a subsidiary of International Holding Company, on...

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Emirati startup founders unveil AI-powered innovations at Hub71 Impact 2026

Emirati startup founders showcased AI-powered and advanced technology solutions...

Groww and Zerodha AMCs post nearly 3x growth in AUM over last year

Entry of discount broking firms -- Groww and Zerodha...

Apple launches AI-powered Siri upgrade

Apple has launched an artificial intelligence-powered version of its...

Cloudflare highlights emerging risks and realities of frontier AI models in cybersecurity research

Cloudflare shared new insights into the evolving role of...

Dubai unveils new $410m economic support package for businesses 

Dubai approved a new 1.5 billion dirham ($410 million)...