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Modi’s US visit: India considering tariff cuts on medical, surgical equipment, others

Posted on February 11, 2025 by Newsbit

Indian Prime Minister Narendra Modi is preparing additional tariff cuts ahead of a meeting this week with US President Donald Trump that could boost American exports to India and avoid a potential…

Foreign investments into Indian healthcare rose to USD 1.5 billion in 2024

Posted on February 11, 2025 by Newsbit

If everything falls into place, India’s healthcare sector could be in for a significant round of growth from new investments and favourable government policies find their mark. Over the last week, both…

Punjab govt under Opposition fire for misusing Ayushman Bharat funds

Posted on February 11, 2025 by Newsbit

Leader of the Opposition (LoP) in the Punjab Assembly Partap Singh Bajwa on Thursday accused the Aam Aadmi Party-led Punjab Government of misusing funds under the Ayushman Bharat scheme. It has been…

Chandan Healthcare launches IPO to mop up Rs 107.36 crore

Posted on February 11, 2025 by Newsbit

Chandan Healthcare Ltd. launched its public offer on Monday to mop up Rs 107.36 crore from investors in the primary markets. The company which operates diagnostic centres has branches located in multiple…

1 in 5 mobile subscribers to use payment channel globally in 2025

Posted on February 11, 2025 by Newsbit

A new study from Juniper Research, the foremost experts in the telecommunications market, has found that over 1.5 billion mobile subscribers will use carrier billing globally to buy either digital content, physical…

India’s smartphone market grows 4% YoY in 2024

Posted on February 11, 2025 by Newsbit

India’s smartphone market grew 4% year-over-year (YoY), with shipments reaching 151 million, according to IDC. India became the fourth largest market for Apple in 2024, after USA, China, and Japan, as shipments…

Brazil denies plan to tax US tech firms over steel tariffs

Posted on February 11, 2025 by Newsbit

Brazil’s finance minister rejected on Monday a report saying the country was planning to impose taxes on U.S. tech companies if President Donald Trump proceeds with plans to introduce a 25% tariff…

Tower Semiconductor expects Q1 2025 revenue to exceed estimates

Posted on February 11, 2025 by Newsbit

Israeli contract chipmaker Tower Semiconductor forecast first-quarter 2025 revenue slightly above estimates on Monday, on expectations of resilient demand for its chips from the automobile sector. The US-listed shares of the company…

Baidu CEO says more AI spend still needed despite DeepSeek’s success

Posted on February 11, 2025 by Newsbit

Investment in data centres and cloud infrastructure is still needed despite DeepSeek challenging the cost efficiency of large AI models, Baidu CEO Robin Li said. “The investment in cloud infrastructure is still…

Expanding Broadband access in rural Northern California

Posted on February 11, 2025 by Newsbit

High-speed internet is becoming more accessible to rural communities in Plumas, Lassen, Sierra, and Modoc Counties, thanks to a $1 billion broadband expansion effort led by the California Public Utilities Commission (CPUC)….

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