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US stocks were trading in green on Friday, buoyed by a combination of factors including renewed hopes for more rate cuts and US President Donald Trump’s announcment for new tariffs, including a 100% import tax on foreign-made pharmaceutical drugs, starting next week. Dow Jones soared 369 points or 0.8% to reach 46,316 while Nasdaq jumped…
India to develop hydrogen highways, says Nitin Gadkari (ANI photo) NEW DELHI: Road Transport and Highways Minister Nitin Gadkari on Thursday announced the launch of India’s first hydrogen highways, marking a major step toward clean, long-haul transport and reduced crude oil dependence. Speaking virtually at the World Hydrogen India event hosted by S&P Global Commodity…
PM Modi to launch 4G ‘network stack’ on Saturday (File photo) NEW DELHI: Prime Minister Narendra Modi will launch BSNL’s Swadeshi 4G ‘network stack’ on September 27, making India one of the few countries that manufacture their own telecom equipment, alongside Denmark, Sweden, South Korea, and China.This launch is a major milestone for India’s telecom…
Turkish Airlines has announced plans to expand its fleet through a major deal with US-based Boeing. In a Friday filing to the Istanbul Stock Exchange, Turkey’s national carrier said it aims to add up to 225 aircrafts. The announcement came a day after Turkish President Recep Tayyip Erdogan met US President Donald Trump in Washington….
Randhir Jaiswal (File photo) NEW DELHI: India on Friday issued its first official response to reports that US President Donald Trump announcing imposition of tariffs of up to 100 per cent on imports of branded and patented pharmaceutical drugs from October 1.During the weekly briefing, MEA’s official spokesperson Randhir Jaiswal said, “We saw a notice…
India is poised for a significant boost in consumer spending as GST rate reductions come into effect from Navratri, alongside income tax relief and lower interest rates from the RBI.Analysts are calling this a “Lollapalooza effect”, a rare policy combination expected to create a multiplier impact across consumption-linked sectors, influence spending habits, and generate opportunities…
President Droupadi Murmu on Friday highlighted the need for India to become self-reliant in producing rare earth elements, saying this is vital in the current geopolitical climate and will play a key role in the country’s journey towards becoming a developed nation.Speaking at the National Geoscience Awards 2024, she further added that it would ensure…
A delegation headed by Piyush Goyal conducted an official visit to the US from September 22-24, 2025. (AI image) India-US trade deal talks: India and the US have decided to continue working towards an early conclusion to the trade agreement, according to a statement by the Ministry of Commerce & Industry.Sharing an update on Commerce…
Since the Russia-Ukraine conflict began in 2022, India has significantly increased its crude oil imports from Russia. (AI image) India, faced with 25% additional penal tariffs for its crude trade with Russia, has reportedly asked the US to allow oil imports from Iran and Venezuela.Following international sanctions due to the Ukraine conflict, Russia began offering…
India is on track to finalise a $1 billion deal with US aerospace firm General Electric (GE) for 113 F404-IN20 fighter jet engines, as negotiations between the two countries continue.The engines will power India’s indigenous LCA Tejas Mk1A, supporting the government’s Atmanirbhar Bharat defence initiative.Dr DK Sunil, HAL chairman and managing director, told ANI, “We…
