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UAE–India CEPA Council Launches Startup Series to Boost CrossBorder Innovation

The UAEIndia Startup Series was introduced in New Delhi by the UAE–India CEPA Council to encourage crossborder innovation and aid in the internation

The UAEIndia Startup Series was introduced in New Delhi by the UAE–India CEPA Council to encourage crossborder innovation and aid in the international growth of Indian startups. Supported by the UAE Embassy in India, the project carries out a significant obligation under the Comprehensive Economic Partnership Agreement CEPA. A UAE softlanding package including incubation, coaching, and investor access would be given to five chosen startups. Startups are essential to the bilateral economic corridor, UAE Ambassador Dr. Abdulnasser Alshaali said, underscoring the UAEs dedication to entrepreneurship. In FY 2023–24, bilateral trade reached $83.64 billion, and UAE foreign direct investment into India tripled annually. MOUs with organisations including PRIME Meghalaya, Jamia Hamdard, and O.P. Jindal Global University were also announced at the launch. Read More..

B2B Tech News | 5 days ago         

Iran–Israel Ceasefire Brings Relief to India’s $100B Middle East Trade

With geopolitical tensions reduced and freight and energy prices stabilised, the IranIsrael ceasefire has significantly improved Indias $100 billion t

With geopolitical tensions reduced and freight and energy prices stabilised, the IranIsrael ceasefire has significantly improved Indias $100 billion trade with the Middle East. Deescalation, according to experts, improves shipping predictability across the crucial Strait of Hormuz, which benefits both Indian importers of petrochemicals and crude oil and exporters of engineering goods, food items, textiles, and chemicals. There was a momentary decrease in volatility when oil prices fell more than 3%. The ceasefire might only last temporarily, specialists warn, as fundamental issues have not been settled. The Federation of Indian Export Organisations FIEO and GTRI emphasise that longterm benefits in trade, energy security, and regional investment flows depend on continued peace and diplomatic followthrough. Read More..

B2B Tech News | 6 days ago         

BOJ Holds Rates at 0.5% as Board Splits Over Inflation and Tariff Fallout

With policymakers split on the way forward, the Bank of Japan BOJ held its June 16–17 meeting and maintained interest rates at 0.5%. Concerned about

With policymakers split on the way forward, the Bank of Japan BOJ held its June 16–17 meeting and maintained interest rates at 0.5%. Concerned about possible harm to Japans already frail economy, some members called for a sustained accommodating policy and caution owing to the uncertainty surrounding U.S. tariffs. According to one, the BOJ may need to boost rates "decisively" in spite of economic uncertainties, as inflation was increasing more quickly than anticipated. Additionally, in 2026, the board agreed to decrease the rate of balance sheet reduction. Among the worries were how increased rice prices would affect inflation forecasts and how tariffs might affect business mood later. July 30–31 is when the next policy meeting is planned. Read More..

B2B Tech News | 6 days ago         

Chinese Researchers Use Quantum Annealer to Crack 22Bit RSA Encryption

For the first time, a real quantum computer has seriously challenged publickey encryption when Shanghai University researchers utilised a DWave quantu

For the first time, a real quantum computer has seriously challenged publickey encryption when Shanghai University researchers utilised a DWave quantum annealer to factor a 22bit RSA integer. The group, led by Wang Chao, reformulated the RSA problem as a combinatorial optimisation work such that the machine could use quantum tunnelling to solve it. The accomplishment indicates that quantum annealing may soon scale to address increasingly complicated cryptographic challenges, even though 22bit keys are insignificant in comparison to ordinary 2048bit RSA encryption. Similar outcomes were obtained when the researchers tested symmetric cyphers like Present and Rectangle. The experiment raises concerns about the feasibility of traditional encryption in the quantum era, notwithstanding the fact that there are still hardware limits. Read More..

B2B Tech News | 6 days ago         

U.S. and South Korea Race to Finalize Tariff Deal Before July 8 Deadline

After a highlevel discussion between U.S. Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer, and South Koreas Trade Minister

After a highlevel discussion between U.S. Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer, and South Koreas Trade Minister Yeo Hankoo, the U.S. and South Korea have reaffirmed their commitment to achieving a tariff agreement as quickly as feasible. In particular, South Korea is requesting exclusions from President Trumps "reciprocal" duties on steel and autos. Discussions are taking place in advance of the temporary suspension of a 25% countryspecific duty expiring on July 8. Economic security, investment cooperation, and nontariff trade obstacles are among the other traderelated topics being discussed by both parties. Due to pressure from U.S. tariffs and political unrest at home, South Koreas exportdriven economy may be greatly impacted by the outcome. Read More..

B2B Tech News | 6 days ago         

Adani’s Mumbai Airport Secures $750M From Apollo to Refinance Debt, Boost Growth

A group headed by Apollo Global Management has invested $750 million in Adanis Mumbai International Airport Ltd MIAL in order to improve operational f

A group headed by Apollo Global Management has invested $750 million in Adanis Mumbai International Airport Ltd MIAL in order to improve operational flexibility and repay current debt. An additional $250 million may be raised as part of the agreement for capacity expansion and infrastructure improvements. The money will help achieve environmental objectives, such as achieving netzero emissions by 2029, and support modernisation initiatives at Chhatrapati Shivaji Maharaj International Airport, the countrys secondlargest airport. By March 2027, MIAL, an Adani Airport Holdings company, is anticipated to be spun off and go public. Apollos second significant investment in MIAL strengthens the trust of international investors in Adanis infrastructure plan. Read More..

B2B Tech News | 6 days ago         

India Unveils FourLane FTA Strategy Targeting U.S., EU, and MineralRich Nations

Indias fourlane Free Trade Agreement FTA strategy targets its neighbours, developing economies, mineralrich countries, and wealthy nations. In additio

Indias fourlane Free Trade Agreement FTA strategy targets its neighbours, developing economies, mineralrich countries, and wealthy nations. In addition to discussions with Chile, Peru, Australia, and New Zealand, the first phase, which is anticipated to be completed by the end of the year, focuses on agreements with the US and the EU. By avoiding free trade agreements with nations that directly compete in the same product categories, the strategy places an emphasis on complementarities. Tariffs may be lowered on sensitive industries like alcohol and autos. In order to obtain vital minerals from allies like Australia and Gulf countries, India is also pursuing free trade agreements. China and Pakistan are not shown, although Sri Lanka and Mauritius are highlighted as neighbours. In order to maintain continuity and improve tariff utilisation, the government is also fortifying its training programs and negotiating teams. Read More..

B2B Tech News | 8 days ago         

Amazon to Invest $233 Million in India to Boost Fulfillment and Delivery Network

In order to develop new fulfilment technologies, improve delivery safety, and grow and update its operational infrastructure, Amazon plans to invest $

In order to develop new fulfilment technologies, improve delivery safety, and grow and update its operational infrastructure, Amazon plans to invest $233 million ₹2,000 crore in India by 2025. By supporting the opening of new locations and the renovation of current ones, the investment will increase processing capacity and delivery speed nationwide. Additionally, it represents Amazons increased foray into the fastpaced market, where it is increasingly up against rivals like Zepto, Blinkit, and Swiggy. Initiatives like Ashray rest areas, Samridhi financial literacy, and Sushruta healthcare for drivers will also be funded in order to enhance the health and financial security of staff members. Amazons overarching objective of investing $26 billion in India by 2030 is in line with this action. Read More..

B2B Tech News | 11 days ago         



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