MUMBAI: India’s foreign exchange reserves rose to a record $728.494 billion in the week ended Feb. 27, according to data released by the Reserve Bank of India on Friday. The stockpile increased $4.885 billion from $723.608 billion a week earlier, reversing the prior week’s decline. India’s…

BEIJING: China’s top economic and financial officials pledged expanded support for technology firms, a push toward more balanced trade and deeper capital market reforms during a news conference on the sidelines of the annual National People’s Congress. The briefing brought together leaders from the economic planning…

NEW DELHI: India and Canada issued a joint leaders’ statement on Monday after talks between Prime Minister Narendra Modi and Canadian Prime Minister Mark Carney during Carney’s official visit to India from Feb. 27 to March 2. The statement said the two countries agreed…

ABU DHABI: Exus Renewables has signed an agreement with Abu Dhabi Future Energy Company PJSC, known as Masdar, to acquire a 60% stake in Masdar’s Portuguese wind portfolio, the companies said. The transaction covers nine onshore wind farms in northern and central Portugal. Masdar will…

SEOUL: South Korea’s central bank kept its benchmark interest rate unchanged at 2.50% on Thursday, maintaining the Base Rate as policymakers balanced a steady inflation backdrop with improving economic momentum and ongoing financial stability concerns. The Bank of Korea’s Monetary Policy Board said it would hold…

NEW DELHI: India joined the Pax Silica initiative on Feb. 20 by signing the Pax Silica Declaration and a bilateral addendum titled the Joint Statement on the India-U.S. AI Opportunity Partnership at an event held on the margins of the AI Impact Summit. The documents…