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CATL's Hong Kong IPO Surges 16% on Debut, Signaling Investor Confidence

Contemporary Amperex Technology Co. Ltd. (CATL), a leading Chinese battery manufacturer, saw its Hong Kong IPO surge by 16% on its debut. This reflects strong investor confidence in the company amid growing demand for renewable energy solutions.

Finance

May 21, 2025 • Bloomberg

RBI to Slow Liquidity Support After ₹8.57 Trillion Injection; Surplus Transfer Expected

The Reserve Bank of India (RBI) announced plans to reduce liquidity support after injecting ₹8.57 trillion into the financial system. The move comes as the central bank anticipates a substantial surplus transfer to the government, signaling a focus on maintaining fiscal discipline and monetary stability.

Finance

May 21, 2025 • Economic Times

Invest Kerala Summit Launches ₹1,211 Crore Projects; More Initiatives in Pipeline

The Invest Kerala Global Summit saw the launch of four major projects worth ₹1,211 crore. Additionally, projects totaling ₹2,675 crore are planned for implementation by the end of the month. This development underscores Kerala’s commitment to economic growth and sustainable development.

Economy

May 21, 2025 • The Hindu BusinessLine

Rory McIlroy to Compete in DP World Tour Event in India

Renowned golfer Rory McIlroy has announced his participation in the DP World India Championship, marking his first professional appearance in India. The event is a significant milestone for Indian golf, expected to draw global attention to the sport in the country.

Sports

May 21, 2025 • ESPN

Foxconn to Invest $1.5 Billion in India, Boosting iPhone Production

Foxconn, a major supplier for Apple, has announced a $1.5 billion investment to bolster iPhone production in India. The move aligns with the Indian government's 'Make in India' initiative, aiming to enhance local manufacturing capabilities and reduce dependence on imports.

Economy

May 21, 2025 • Reuters

TSMC Declines India's Invitation to Set Up Semiconductor Plant

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, has declined India’s proposal to set up a semiconductor manufacturing plant. This decision poses challenges to India’s aspirations of becoming a global semiconductor hub.

Science & Technology

May 21, 2025 • NDTV