Bank of Korea keeps rate at 2.5% for seventh hold
Business

Bank of Korea keeps rate at 2.5% for seventh hold

congodailynews.com
SEOUL: The Bank of Korea held its benchmark interest rate at 2.50% on Friday, extending a pause that began in July 2025 and marking a seventh straight policy meeting without a change, as policymakers weighed rising inflation pressure,...
India weighs $11 billion fund to boost chipmaking
Technology

India weighs $11 billion fund to boost chipmaking

congodailynews.com
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide...
India joins Pax Silica initiative, signs AI pact with US
Business

India joins Pax Silica initiative, signs AI pact with US

congodailynews.com
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...