Amazon plans $3bn India quick-commerce push, Reuters reports
Amazon's quick-commerce investment in India could reach $3bn by 2030, Reuters reports, as the retailer chases rivals holding most of the market.
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APAC Region Leads Global Cryptocurrency Adoption
The latest Chainalysis report identifies Central and Southern Asia and Oceania (CSAO) as the leaders of global cryptocurrency adoption, with India, Indonesia, and Vietnam ranking at the top. The report…
India’s Stance on De-Dollarization within BRICS
In a significant development, India has diverged from the BRICS de-dollarization strategy, affirming its reliance on the US dollar. This stance, articulated amidst global shifts in financial dynamics, underscores India's…
India’s Strategic Decision Navigating U.S. Dollar Usage in Global Trade
India's recent declaration regarding the use of the U.S. dollar in global trade has sparked widespread discussion among economists and policymakers. In the midst of a global push towards de-dollarization,…
Strong Growth for JCB Amid Uncertain Outlook
JCB, the renowned construction machinery manufacturer, has reported significant growth in its global sales and profits for the previous year, showcasing a strong performance amidst a shrinking market.JCB's global sales…
India to Deploy 40-50 Small Modular Reactors by 2032
India is ambitiously planning to build between 40 to 50 small modular reactors (SMRs) by 2032 as part of its 'Developed India' initiative, aimed at achieving a decarbonised power network.The…
Jeff App Secures $2M in Funding to Enhance Financial Inclusion in Asia
Jeff App, a Latvian fintech innovator, has raised $2 million in a late-seed round, signalling strong investor confidence. This funding marks a significant milestone in its mission to drive financial…
Zepto’s Financial Leap A New Milestone in Quick Commerce
Zepto, a trailblazer in instant grocery delivery, has broken new ground with a $665 million funding round. This funding catapults Zepto to a $3.6 billion valuation, reinforcing its status as…
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