Top Indian Oil Producer's Quarterly Earnings Miss Estimates
State-run Oil and Natural Gas Corp.'s quarterly profit missed estimates as crude oil prices slumped and production from aging fields remained subdued.
The New Delhi-based explorer's net income declined 35% on year in the three months ended March 31 to 64.5 billion rupees ($753 million), according to a stock exchange filing. A Bloomberg survey of analysts had estimated an average profit of 85.03 billion rupees.
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News24
2 hours ago
- News24
US labels South Korea election fair, but Trump allies target new president: ‘This is terrible'
Pedro Pardo/AFP The US labelled South Korea's election as fair. Liberal party candidate Lee Jae-myung won the presidency. US President Donald Trump's right-wing allies have taken aim at Lee. The White House said on Tuesday that South Korea's election, which saw liberal party candidate Lee Jae-myung win the presidency, was fair, but it expressed concern about Chinese interference. 'The US-ROK Alliance remains ironclad. While South Korea had a free and fair election, the United States remains concerned and opposed to Chinese interference and influence in democracies around the world,' a White House official said in an emailed response to a Reuters request for comment made at an earlier White House briefing. 'ROK' refers to the Republic of Korea. The official did not elaborate on the reference to alleged Chinese interference or connect it directly to the South Korean election. However, US President Donald Trump's right-wing allies have taken aim at Lee, who has spoken of the need to balance Seoul's relations with China and the US. Laura Loomer, a far-right activist who has jockeyed her way up from online agitator to self-appointed Trump adviser, posted 'RIP South Korea' on X on Tuesday after Lee's victory became clear. 'The communists have taken over Korea and won the Presidential election today,' she wrote. This is terrible. Laura Loomer Loomer has shown herself to be highly influential: Several high-ranking White House officials were fired this year after she presented Trump with a list of national security staffers she perceived to be disloyal. US Secretary of State Marco Rubio issued a statement congratulating Lee, and like the White House, spoke about the two countries' 'ironclad' alliance. He made no mention of concerns about China. 'The United States and the Republic of Korea share an ironclad commitment to the Alliance grounded in our Mutual Defence Treaty, shared values, and deep economic ties,' Rubio said. 'We are also modernising the Alliance to meet the demands of today's strategic environment and address new economic challenges.' Anthony Wallace/AFP Rubio also said the US would continue to deepen trilateral cooperation with South Korea and Japan, 'to bolster regional security, enhance economic resilience, and defend our shared democratic principles'. As South Korea's ousted former president, Yoon Suk Yeol, fought for his political life earlier this year, he raised unsubstantiated claims about possible fraud in South Korea's elections as one reason for his announcement of a martial law decree that had prompted his ouster. His backers adopted 'Stop the Steal' slogans and expressed hopes that Trump would intervene to help, but that never came. Yonhap/AFP 'Most of the 'election fraud' allegations I've seen reek of conspiracy theories and paranoia,' said Evans Revere, former US Deputy Ambassador for East Asian Affairs. 'It's unfortunate that a White House spokesperson would allude to these, especially since Lee's margin of victory was substantial and his conservative opponent quickly and unhesitatingly conceded his loss.' Last week, without providing evidence, Trump ally Mike Flynn, a retired general who briefly served as the president's national security adviser during his first term, referred in a post on X to 'signs of fraud' in the South Korea election, and said a fraudulent outcome would only benefit the Chinese Communist Party. Another Trump ally, Steve Bannon, explored a similar theme of Chinese election interference on his WarRoom channel last week. Lee's past comments about China, including his statement that a conflict over Taiwan would have nothing to do with South Korea, have provided fodder for those in the US government inclined to mistrust him, said Revere. His policy approach on China, Taiwan, Russia, Japan, and alliance- and trade-related concerns will be under close scrutiny in Washington and could lead to 'differences' between the two allies, he added. 'In that context, the White House spokesperson's comments could have been intended as a cautionary message to Korea's new president.'
Yahoo
4 hours ago
- Yahoo
Business Opportunities in Asia-Pacific's USD 215.5 Billion Telemedicine Market, 2033
Key contributors include China's smart healthcare initiatives, India's National Digital Health Mission, and increased smartphone penetration. Major market players like Cisco, General Electric, and Teladoc Health are innovating within the sector, despite challenges like data privacy concerns and the integration of telemedicine with traditional healthcare systems. Asia-Pacific Telemedicine Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Telemedicine Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to Asia-Pacific Telemedicine Market is expected to reach US$ 215.53 billion by 2033 from US$ 28.51 billion in 2024, with a CAGR of 25.2% from 2025 to 2033. The growing need for remote healthcare services, better access to healthcare in underserved areas, and developments in telehealth technology and telecommunications infrastructure are the main factors propelling the Asia-Pacific telemedicine market. The necessity for remote healthcare solutions, technical improvements, and growing healthcare demand have all contributed to the Asia-Pacific telemedicine industry's recent notable expansion. Due to the region's high population, fast urbanization, and unequal access to medical resources, telemedicine has become an essential tool for increasing access to healthcare. With significant investments in digital health infrastructure, nations like China, India, Japan, South Korea, and Australia are at the forefront. Adoption has been further encouraged by government programs like China's push for smart healthcare and India's National Digital Health Mission. In order to meet the region's varied needs, market participants are always coming up with new services, such as remote diagnostics, virtual consultations, and AI-powered health monitoring. Cloud-based systems, wearable technology, and mobile health apps are increasingly essential to patient care. There are still issues, though, such as inconsistent internet connectivity in remote areas, fragmented regulations, and data privacy issues. Notwithstanding these obstacles, the Asia-Pacific telemedicine market is anticipated to keep growing because to factors including increased awareness, rising smartphone penetration, and rising healthcare spending. A hybrid approach that combines in-person and digital treatment is probably going to take the lead as the sector develops, increasing the reach and effectiveness of medical service delivery. Furthermore, a number of mHealth applications are being adopted more frequently in the Asia-Pacific area to track health outcomes due to the growing prevalence of chronic diseases. In India, for example, the estimated prevalence of cardiovascular diseases (CVDs) was 54.5 million, and one in four deaths are attributed to CVDs, with ischemic heart disease and stroke accounting for over 80% of this burden, according to a 2019 study published in the Journal for Cardiovascular Quality and Outcomes. As a result, the telemedicine market is expanding due to the rising acceptance of these services brought about by the aforementioned market development reasons. Growth Drivers for the Asia-Pacific Telemedicine Market Rising Healthcare Demand: One major factor propelling the expansion of telemedicine in the Asia-Pacific area is the growing demand for healthcare services. The region's healthcare systems are under more strain due to a fast-expanding population and a notable increase in elderly demographics. Furthermore, chronic diseases like diabetes, high blood pressure, and cardiovascular disorders are becoming more common, particularly in cities where people lead sedentary lives and alter their diets. More continuous, affordable, and easily available healthcare services are becoming necessary as a result of these causes. By providing timely medical interventions, chronic illness management, and remote consultations without requiring in-person visits, telemedicine tackles these issues. Through regular monitoring and follow-up care, this model promotes improved health outcomes and expands access to healthcare, particularly in underserved and rural areas. Government Initiatives and Policies: Telemedicine adoption in the Asia-Pacific area is being accelerated in large part by government initiatives and supportive regulations. To increase the efficiency and accessibility of healthcare, nations are making significant investments in digital health infrastructure. For example, the National Digital Health Mission (NDHM) of India seeks to establish a single digital health ecosystem that includes teleconsultation services and electronic health records. As part of its larger digital transformation agenda, China is also making significant investments in smart healthcare technology, encouraging big data, AI, and 5G-enabled medical services. Favorable telehealth financing and laws are also being introduced in other countries, such as Australia, South Korea, and Japan. Through these proactive government initiatives, telemedicine is becoming a viable component of national healthcare systems, encouraging innovation, and guaranteeing data security. Increased Smartphone and Internet Penetration: Access to telemedicine services is being greatly increased by the quick rise in smartphone and internet usage in Asia-Pacific emerging markets. Even in semi-urban and rural areas, mobile device adoption and reasonably priced internet connectivity have increased in countries like the Philippines, Indonesia, and India. By removing conventional obstacles like distance and a lack of medical infrastructure, this digital development has allowed millions of people to communicate with healthcare providers remotely. Particularly for younger, tech-savvy populations, mobile health apps, video consultations, and online pharmacies are now more accessible than ever. Telehealth use is anticipated to increase as digital literacy improves, making healthcare more accessible, effective, and inclusive for underprivileged areas. Challenges in the Asia-Pacific Telemedicine Market Data Privacy and Security Concerns: Concerns about data security and privacy continue to be major obstacles in the Asia-Pacific telemedicine business. To prevent data breaches and unauthorized access, strict protections must be in place when processing and storing sensitive patient data, including medical histories, diagnostic results, and personal identifiers. However, for telehealth providers who operate in numerous nations, the region's disparate data protection rules provide challenges. The absence of standardized privacy laws or thorough cybersecurity frameworks in many countries raises the possibility of non-compliance and legal problems. Concerns regarding data control and transparency are also raised by the expanding usage of cloud platforms and third-party apps. Strong data encryption, transparent permission procedures, and uniform regulatory requirements are crucial for fostering user confidence and guaranteeing safe telemedicine operations in all of the region's marketplaces. Integration with Traditional Healthcare Systems: In the Asia-Pacific area, integrating telemedicine into conventional healthcare systems is a difficult and resource-intensive task. It is challenging to coordinate workflows and communicate data seamlessly since many healthcare providers continue to use outdated systems that are incompatible with contemporary telehealth platforms. Integration attempts are made more difficult by the lack of standardized electronic health record (EHR) systems among clinics and hospitals. Healthcare workers may also need to devote time, money, and training to overcome a learning curve while adjusting to new digital tools. Furthermore, strong interoperability and coordination amongst numerous stakeholders are necessary to guarantee continuity of care between in-person and virtual visits. Telemedicine runs the danger of functioning independently without seamless integration, which would reduce its efficacy and long-term viability within the larger healthcare delivery ecosystem. Key Attributes Report Attribute Details No. of Pages 200 Forecast Period 2024-2033 Estimated Market Value (USD) in 2024 $28.51 Billion Forecasted Market Value (USD) by 2033 $215.53 Billion Compound Annual Growth Rate 25.2% Regions Covered Asia-Pacific Key Topics Covered1. Introduction2. Research & Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Asia-Pacific Telemedicine Market5.1 Historical Market Trends5.2 Market Forecast6. Market Share6.1 By Types6.2 By Application6.3 By End User6.4 By Countries7. Types7.1 Product7.2 Services8. Application8.1 Teleconsultation8.2 Telepathology8.3 Telecardiology8.4 Telesurgery8.5 Teleradiology8.6 Teledermatology8.7 Telepsychiatry8.8 Others9. End User9.1 Hospital9.2 Diagnostic Center9.3 Ambulatory Surgical Center9.4 Specialty Center9.5 Others10. Countries10.1 China10.2 Japan10.3 India10.4 South Korea10.5 Thailand10.6 Malaysia10.7 Indonesia10.8 Australia10.9 New Zealand10.10 Rest of Asia-Pacific11. Porter's Five Forces Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Rivalry11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threat13. Key Players Analysis13.1 Cisco System13.2 General Electric Company13.3 Eli Lilly and Company13.4 Bayer AG13.5 Honeywell International Inc.13.6 Merck & Co Inc.13.7 Teladoc Health, Inc.13.8 Twilio more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Telemedicine Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Yahoo
Top Players Profiled in New 2025 Asia-Pacific Non-Lethal Weapons Market Report: Byrna Technologies, General Dynamics, Moog, Raytheon Technologies, Rheinmetall, Textron, and Combined Systems
Significant growth is seen in China, India, and Japan. Regulatory challenges and training issues are hurdles to adoption, yet innovations like directed energy weapons highlight its expanding application. Key players in the market include Byrna Technologies Inc., Raytheon, and Rheinmetall AG. Asia-Pacific Non-Lethal Weapons Market Dublin, June 04, 2025 (GLOBE NEWSWIRE) -- The "Asia-Pacific Non-Lethal Weapons Market Size and Growth Trends 2025-2033" has been added to offering. The Asia-Pacific Non-Lethal Weapons Market is expected to reach US$ 5.35 billion by 2033 from US$ 3.31 billion in 2024, with a CAGR of 5.48% from 2025 to 2033. Urbanization, technological development, and government spending on defense modernization - which aims to increase security, control civil disturbance, and promote public safety - are the main factors propelling the expansion of the Asia-Pacific non-lethal weapons market. As law enforcement and military organizations in the Asia-Pacific area increasingly use non-lethal options for crowd control, public safety, and military operations, the market for non-lethal weaponry is expanding quickly. The necessity for efficient crowd control techniques has been brought to light by the increasing frequency of civil disturbance, open protests, and large-scale demonstrations in densely populated metropolitan areas. Tasers, rubber bullets, tear gas, and directed energy systems are examples of non-lethal weapons that are safer than conventional guns and give law enforcement a means of upholding public order while reducing the number of fatalities and injuries. The need for these technologies is anticipated to grow as population density and urbanization continue to rise. The Asia-Pacific non-lethal weapons industry is expanding due in large part to technological improvements. More accurate, flexible, and efficient non-lethal solutions have been developed as a result of ongoing research and development. Non-lethal weapons are becoming more capable and adaptable to a wider range of tactical situations because to advancements in directed energy weapons, acoustic systems, and smart ammo. In addition to improving non-lethal systems' efficacy, these technical advancements also make them safer to employ in intricate and dangerous scenarios. As a result, security personnel in the area have been more inclined to embrace cutting-edge non-lethal methods. Government spending on modernizing the military is another important driver propelling the market's expansion. Asia-Pacific nations are investing more in defense, strengthening their law enforcement capacities, and modernizing their military equipment. In order to manage civil disturbance, improve public safety, and solve security issues, this investment includes funds for the research and development of non-lethal weaponry. Non-lethal weapons are viewed as a crucial part of contemporary security tactics, encouraging a more efficient and compassionate approach to military operations and law enforcement as governments attempt to strike a compromise between security requirements and human rights safeguards. Effective crowd control methods will become more necessary as the region's metropolitan population is expected to increase by 50% by 2050, according to the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). Between 2020 and 2023, Japan's National Police Agency reported spending on non-lethal crowd control equipment increased by 35%, with around JPY 2.8 billion allocated specifically for advanced non-lethal technology. The Australian Federal Police claim that compared to more conventional methods of crowd control, the use of non-lethal weapons decreased injuries by 45%. The purchase of non-lethal weapons has increased significantly in India, according to the Ministry of Home Affairs, with state police receiving a 65% increase in funding for crowd control gear in 2023 over 2020. According to Chinese law enforcement officials, employing non-lethal crowd control techniques preserved efficient crowd management skills while lowering civilian casualties during major events by 58%. Key Attributes Report Attribute Details No. of Pages 200 Forecast Period 2024-2033 Estimated Market Value (USD) in 2024 $3.31 Billion Forecasted Market Value (USD) by 2033 $5.35 Billion Compound Annual Growth Rate 5.4% Regions Covered Asia-Pacific Key Topics Covered1. Introduction2. Research & Methodology2.1 Data Source2.1.1 Primary Sources2.1.2 Secondary Sources2.2 Research Approach2.2.1 Top-Down Approach2.2.2 Bottom-Up Approach2.3 Forecast Projection Methodology3. Executive Summary4. Market Dynamics4.1 Growth Drivers4.2 Challenges5. Asia-Pacific Non-Lethal Weapons Market5.1 Historical Market Trends5.2 Market Forecast6. Market Share Analysis6.1 Product Type6.2 Technology6.3 End Use6.4 Country7. Product Type7.1 Gases and sprays7.2 Grenades7.3 Bullets7.4 Taser Guns7.5 Others8. Technology8.1 Chemical8.2 Electroshock8.3 Mechanical and Kinetic8.4 Acoustic/Light8.5 Others9. End Use9.1 Law Enforcement9.2 Military9.3 Others10. Country10.1 China10.2 Japan10.3 India10.4 Australia10.5 South Korea10.6 Thailand10.7 Malaysia10.8 Indonesia10.9 New Zealand11. Porter's Five Analysis11.1 Bargaining Power of Buyers11.2 Bargaining Power of Suppliers11.3 Degree of Rivalry11.4 Threat of New Entrants11.5 Threat of Substitutes12. SWOT Analysis12.1 Strength12.2 Weakness12.3 Opportunity12.4 Threat13. Company Analysis13.1 Byrna Technologies Inc.13.2 General Dynamics Corporation13.3 Moog Inc.13.4 Raytheon Technologies Corporation13.5 Rheinmetall AG13.6 Textron Inc.13.7 Combined Systems more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Asia-Pacific Non-Lethal Weapons Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
