[ad_1] China Petroleum & Chemical Corp , known as Sinopec, reported a 9.9% decline in 2023 net profit on Sunday, weighed by falling oil and gas prices but supported by recovering fuel demand. The world’s largest oil refiner by capacity posted net income of 60.5 billion yuan ($8.37 billion), based on Chinese accounting standards, in…
[ad_1] NEW DELHI: India added a record 3.2 gigawatt of open access solar capacity during 2023, posting a 6.66 per cent rise supported by factors, including reduced module cost, according to a report. In its latest report, US-based research firm Mercom Capital said the open access solar capacity addition was 3 gigawatt (GW) during 2022….
[ad_1] BANGKOK: Thailand’s gross domestic product (GDP) grew 1.9% in 2023, the planning agency said on Monday, as higher tourist numbers and private consumption were undercut by falls in manufacturing and public spending. The weaker-than-expected growth raises the case for an interest rate cut at the central bank’s next policy review on April 10, after…
[ad_1] MUMBAI: Airports and airlines saw IT spend increase year on year into 2023, reaching an estimated $10.8 billion and $34.5 billion respectively, according to SITA’s 2023 Air Transport IT Insights report released on Wednesday. Two-thirds ofairport and airline CIOs expect continued growth into 2024. Sustainability is also high on the agenda, with industry milestones…
[ad_1] NEW DELHI: Mumbai recorded the best in 11 years the total property sale registrations in 2023. This resulted in the best year since 2013 for property sales for this region surpassing last year’s peak by 4 per cent, data compiled by real estate consultant Knight Frank India showed.In 2023, the Mumbai city area which…
[ad_1] NEW DELHI: In the year 2023 the ministry of defence it witnessed defence exports reaching an all-time high–almost Rs 3,000 crore more than the previous financial year–and defence productions crossing the figure of Rs one lakh crore for the first time.The year also saw growing ‘global’ demand for LCA-Tejas, light combat helicopters, aircraft carriers…