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Prime Minister Narendra Modi and Russian President Vladimir Putin on Friday directed their officials to accelerate negotiations on a “mutually beneficial” agreement for the promotion and protection of investments, with the matter taking centre stage during their summit meeting in New Delhi.A joint statement said the leaders also underscored both the current and future scope…
France and Ukraine signed a major defence agreement on Monday that could allow Kyiv to buy up to 100 Rafalefighter jets, along with drones, radar systems and new air-defence technology. The deal was signed in Paris by French President Emmanuel Macron and Ukrainian President Volodymyr Zelenskyy during the latter’s visit to France. Macron said that…
Commerce and industry minister Piyush Goyal has indicated that India is keeping every option open as it looks at the possibility of restarting free trade agreement (FTA) talks with Canada. His comments follow a fresh round of ministerial interactions aimed at lifting bilateral engagement. “All options open…” Piyush Goyal on ongoing India-Canada talks after two…
South Korea and the US have reached an agreement, covering areas such as nuclear power, tariff concerns, AI and more.South Korean President Lee Jae Myung on Friday announced that the two nations have finalised a joint face sheet agreement on trade and security issues. The deal with bring down US import duties on South Korean…
Mahindra & Mahindra has deepened its presence in India’s financial sector by partnering with Canada’s Manulife to enter the life insurance business through a new 50:50 joint venture. The two companies have signed an agreement to establish a life insurer in India, subject to regulatory approvals, with each holding an equal stake and a capital…
US has imposed 50% tariffs on India, 25% of which are reciprocal tariffs while the other 25% is a penalty for India’s crude oil imports from Russia. (AI image) India-US trade deal: India and the US continue to be engaged in discussions for finalizing a trade deal, Randhir Jaiswal, official spokesperson of the Ministry of…
Union commerce and industry minister Piyush Goyal has concluded a three-day visit to Brussels, where India and the European Union engaged in negotiations to achieve a mutually beneficial, balanced and equitable trade agreement.During the visit that lasted from October 26 to October 28, Goyal held detailed discussions with Maros Sefcovic, European commissioner for trade and…
ChatGPT-maker OpenAI has struck a major deal with tech giant Microsoft to restructure itself into a public benefit corporation (PBC), a move that solidifies CEO Sam Altman‘s authority within the burgeoning AI industry and grants the $500 billion startup significant new latitude to grow. The agreement, announced Tuesday, October 29, untangles key limitations on capital-raising…
OpenAI, the creator of ChatGPT, has completed a major corporate restructuring, converting its core business into a traditional for-profit entity called OpenAI Group PBC, which will remain under the control of its non-profit arm, now dubbed the OpenAI Foundation. The move, which took nearly a year to negotiate and removes a significant cloud of uncertainty,…
In a rare confession, Pakistan has admitted to having an agreement with a “foreign country” which allowed it to carry drone strikes on Afghanistan soil, Tolo News reported citing source. It has sought retreat from the Turkey talks asking the Afghan side to “accept that Pakistan has the right to carry out attacks on Afghan…
