Author: prosperplanetpulse.com
“We won by competing.” Ken Malone, leader of Pigtown’s Early Charm Ventures, made the remarks after Baltimore was ultimately removed from the latest list of EDA Tech Hub funders. Several leaders of businesses and organizations involved in regional bids in Baltimore and Philadelphia echoed the sentiment, saying that despite the apparent disappointment, plans can still take shape as the bids are organized. We will continue to report on future developments in these and other Tech Hub bids and will keep all interested parties engaged in the conversation. ➡️ Read more thoughts from local tech leaders in Editor Katie Malone’s latest…
summary The minister said the country is experiencing a windfall of investments from foreign investors and massive commitment to infrastructure development. He reiterated that easing regulations, reducing the compliance burden on startups and enhancing the Ease of Doing Business (EoDB) are the government’s main focus. The minister further said the government is ready to boost the drone industry, which has seen rapid growth over the past three years. Commerce and Industry Minister Piyush Goyal said the government’s main focus is on deregulation and reducing the compliance burden on the startup ecosystem. Speaking at a PHD Chamber of Commerce event, he…
You may also like: Artificial intelligence has the potential to transform industries ranging from medicine to sales to software development. And this potential is finally being realized. The AI industry is poised to grow to an estimated $305.9 billion in 2024. Today, AI has become essential for an increasing number of businesses as remote work and reliance on technology are the new daily norm. Read below for our picks for some of the most promising AI startups with a broad range of use cases across different industries. 1. DeepL 5-year search growth: 469% Search growth status: Exploding Year founded: 2009…
Down icon An icon in the shape of a downward angle. Russian President Vladimir Putin. Getty Images Russia faces intense pressure from sanctions targeting its payments systems.Russia’s top banker said the country should stop discussing its payments mechanism because it is a sensitive issue.Russia is exploring alternatives to the Western payment system, recognizing that this will be a challenge and will take time. Russia’s chief financial officers acknowledged that the country is under immense pressure from sanctions as trade payments are increasingly cut off.Reuters reported on Wednesday that a top Russian banker said the methods were so sensitive they should…
CCSC Technology International Holdings Limited (NASDAQ:CCTG – Get Free Report) shares rose 3.2% on Thursday. The stock traded as high as $2.30 and last traded at $2.25. About 12,105 shares were traded during trading, down 88% from the average daily trading volume of 101,813 shares. The stock last closed at $2.18. CCSC Technology International Stock Performance The company’s 50-day moving average price is $2.32. About CCSC Technology International (Get your free report) CCSC Technology International Holdings Limited, through its subsidiaries, manufactures and distributes interconnect products in Asia, Europe and the Americas. The company supplies OEM and ODM interconnect products, including…
July 5, 2024 12:57:17 PMStock Market Live Updates | Block Trade: 2.09 million shares of Poonawla Fincorp transferredJuly 5, 2024 12:38:12 PMSensex Today | Stock Market Live Updates | HDFC Bank considers selling loan portfolioJuly 5, 2024 12:28:56 PMAustralian shares fall ahead of US jobs reportJuly 5, 2024 12:13:20 PMSensex Today | Stock Market Live Updates | IOC, HPCL, BPCL in talks with Brazil’s Petrobras for long-term oil deal: ReportsJuly 5, 2024 11:44:49 AMSensex Today | Stock Market Live Updates | Kalyan Jewellers reports 27% growth in revenue in Q1FY25, plans expansionJuly 5, 2024 11:23:21 AMStock market live updates |…
SIR Keir Starmer Sir Keir is sworn in today as the new Prime Minister of the United Kingdom. He has led the Labour Party to a landslide victory in the general election after 14 years in opposition. Sir Keir asked voters for a major mandate to revive the UK economy, and he received it. Labour is expected to win 412 seats, giving them an overwhelming majority of at least 170 seats – their largest number since Sir Tony Blair and more than the two most transformative prime ministers of the 20th century, Clement Attlee and Margaret Thatcher.It was no wonder…
A Dubai clothing brand has had a model stand next to a mannequin in its store, confusing shoppers at a shopping mall and sparking mixed reactions online. In a video first shared by the model herself, the model can be seen posing next to a mannequin at the clothing brand’s Cape Bride store in Dubai Festival City Mall. A model stood next to a mannequin in a storefront at a shopping mall in Dubai. (Instagram/_angelina.a__) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} Model Angelina stood on a podium at the front of the store wearing a dress and stiletto heels from the brand,…
Chief Justice of India DY Chandrachud has asked the Securities and Exchange Board of India (SEBI) and the Securities Appellate Tribunal (SAT) to tread carefully and maintain a stable regulatory framework even as stock markets continue to soar. Speaking at the inauguration of SAT’s new facility in Mumbai, Chandrachud emphasised the vital role of SEBI and SAT. “The more we see the stock markets soaring, I believe the greater the role of SEBI and SAT as institutions that can act with caution, celebrate successes but at the same time ensure stability in the backbone,” he said. Chandrachud acknowledged the rapid…
Total investment in fintech startups in Southeast Asia (SEA) fell 25% to $899 million in the first half of 2024 from $1.2 billion a year earlier, Traxun said on Friday. Funding volume also declined 31 percent from the $1.3 billion raised in the second half of 2023, the global SaaS (software-as-a-service) based market intelligence platform said in its “Geo Semi-Annual Report: SEA FinTech H1 2024.” According to the firm, Southeast Asia’s fintech startup ecosystem recorded its highest ever half-yearly funding volume in the second half of 2021, but has since seen a significant decline in funding. The current macroeconomic situation…