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Just in:   • Coal production from India's commercial mines jumps 16.4 pc in April-June quarter  • India poised to become 3rd-largest economy by 2030, overtaking Germany: Hardeep Puri  • India's industrial production registers 1.2 per cent growth in May  • Govt committed to building safe and smart energy future: Minister  • Sanchez defends Spain's defence budget in response to Trump's threats  Last updated: 21 May, 2025    Global Business South Korea to develop hydrogen-based steelmaking technology by 2030 IANS | 26 Jun, 2025 South Korea will push to develop hydrogen-based steelmaking technology by 2030 to support the local steel industry's efforts to bolster its global competitiveness and achieve carbon neutrality, the industry ministry said on Thursday..    Read more.... Consumer sentiment hits 4-year high in June: BOK Staff Reporter | 24 Jun, 2025 South Korea's consumer sentiment rose to a four-year high in June, driven by eased political uncertainties and optimism over the government's supplementary budget and other supportive measures, the central bank said on Tuesday..    Read more.... US Fed to wait for meaningful signs of weakness before rate cut: Experts IANS | 19 Jun, 2025 The US Federal Open Market Committee’s (FOMC) decision to maintain the federal funds rate at 4.25-4.5 per cent is appreciable, given the persisting geopolitical volatilities, trade uncertainties and the US administration's decision on a 90-day tariff pause, economists and industry experts said on Thursday..    Read more.... South Korea vows enhanced market monitoring, swift responses amid Mideast crisis IANS | 19 Jun, 2025 The government will enhance monitoring of the economy and financial markets and devise appropriate responses based on contingency plans amid escalating tensions in the Middle East, the finance ministry here said on Thursday. .    Read more.... Auto exports down in South Korea on US import tariffs IANS | 17 Jun, 2025 South Korea's car exports shrank more than 4 per cent from a year earlier in May as outbound shipments to the United States sharply dropped on Washington's hefty tariffs on imported vehicles, data showed on Tuesday. .    Read more.... South Korea's largest AI data centre on the anvil IANS | 16 Jun, 2025 SK Group, a South Korean chip-to-construction conglomerate, said on Monday it plans to build the country's largest artificial intelligence (AI) data centre in partnership with Amazon Web Services (AWS)..    Read more.... South Korea's economy shrinks 0.2 pc in Q1 IANS | 05 Jun, 2025 The South Korean economy contracted 0.2 per cent in the first quarter of this year, unchanged from an earlier estimate, central bank data showed Thursday, due mainly to a domestic political crisis and uncertainties stemming from U.S. President Donald Trump's administration's aggressive tariff scheme.    Read more.... Reviving economy top agenda for Lee amid US tariffs, weak domestic demand IANS | 04 Jun, 2025 Facing the dual challenges of the United States' aggressive tariff scheme and sluggish domestic demand, President-elect Lee Jae-myung is expected to prioritise securing a favourable trade deal with Washington and implementing measures to revitalise the stagnant economy through supplementary budgets and the promotion of advanced industries, experts said on Wednesday..    Read more.... 41 conglomerates under tight scrutiny on heavy debts: South Korea IANS | 29 May, 2025 South Korea's financial watchdog said on Thursday it has placed 41 highly indebted conglomerates under closer watch for debt reductions. .    Read more.... US calls for 'fair and reciprocal' trade access in talks with India IANS | 29 May, 2025 A senior US diplomat stressed the importance of "fair and reciprocal market access" in discussions with his Indian counterpart, who came amidst ongoing talks on a trade agreement between the two sides..    Read more....     Customs Exchange Rates Currency Import Export US Dollar 84.35 82.60 UK Pound 106.35 102.90 Euro 92.50 89.35 Japanese Yen 55.05 53.40 As on 12 Oct, 2024   Daily Poll Do you think Indian businesses will be negatively affected by Trump's America First Policy?  Yes  No  Can't Say   Commented Stories

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