India

Honda reported yesterday that its April-June profit more than doubled on healthy sales of its motorcycles and cars, as the Japanese company also received a perk from favorable exchange rates.

Honda Motor Co. said its fiscal first quarter profit totaled 363 billion yen ($2.5 billion), up from 149 billion yen.

New York authorities on Aug. 8 returned to Italy several dozen stolen antiquities worth nearly $3.5 million, as the American megapolis strives to shake off the reputation as a key global hub for illicit art trade.

The European Union's major trading partners, including Türkiye, will be impacted by the bloc's carbon tax, experts have said.

The competition will intensify for the nations which are slow in preparations to comply with the carbon tax regulations, such as Türkiye, China, India, the U.S., the U.K. and Canada, they warned.

The war in Ukraine has left a serious mark on the Bulgarian military industry. In 2022, export contracts for over 8.5 billion leva were concluded, with the realized production amounting to nearly 3.5 billion leva. Exports were directed to countries from the European Union, given that traditionally before that, Bulgarian exports were to countries such as India, Algeria, Morocco, etc.

Brazilian President Luiz Inácio Lula da Silva has said that he supports more countries joining the BRICS group of large developing nations, which currently includes Brazil, Russia, India, China and South Africa.

The group will hold a summit in Johannesburg from Aug. 22 to 24. The meeting will have in hand a list of others desiring to join ther group.

In the first seven months of 2023, nearly 1.15 million people have visited the tourism hotspot Pamukkale, marking a 23 percent rise compared to the same period last year.

Turkish people spend an average of 5.5 hours daily on their mobile phones, with Instagram being their hot favorite app as Turks lead on the list globally as top users of the platform in 2023, making a record for the second straight year, states a senior official from Samsung Electronics Türkiye.

India's wild tiger population is estimated to now exceed 3,600, according to new government figures released Saturday, in a vindication of conservation efforts for the endangered species. Tigers once roamed throughout central, eastern and southern Asia, but have lost nearly 95 percent of their historical range in the past century.

Sri Lanka is considering the possibility of allowing the use of the Indian rupee for local transactions, as the island nation struggles to build its depleted foreign reserves and to emerge from last year's unprecedented economic crisis.

In 50 years, the Eurozone, measured as a single economy, will be the fourth largest in the world. Germany, individually, will drop from the current fourth place in the world to fifth in 2050 and ninth in 2075. China, the United States and India will be clearly ahead of everyone else.