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India’s growing trade gap with China is no longer just about buying more and selling less, but it is also about how deeply Indian manufacturing relies on Chinese industrial supplies at present.A new report by think tank Global Trade Research Initiative has flagged that while China makes up around 16% of India’s total imports, its…
NEW DELHI: The Supreme Court on Tuesday observed that every religious institution must function under established norms and cannot operate in a state of anarchy, while hearing a batch of petitions linked to the Sabarimala temple case and issues concerning women’s entry at places of worship.A nine-judge Constitution bench said the right to manage a…
NEW DELHI: A month after the Union cabinet approved the country’s climate action goals, called Nationally Determined Contributions (NDCs), for 2031-35 period, India has formally submitted its pledges to the UN climate body underlining important conditions noting that the developing countries’ commitments “cannot be fulfilled” without adequate support in terms of “finance” and “technology transfer”.India…
Ricky Ponting in the middle (PTI Photo) NEW DELHI: Punjab Kings pulled off a historic run chase against Delhi Capitals, and head coach Ricky Ponting made it clear that skipper Shreyas Iyer was at the heart of the victory. Chasing a massive 265, Punjab showed belief throughout, with Iyer calmly guiding the team home with…
The United States has imposed a preliminary anti-dumping duty of 123.04% on solar cells and modules imported from India, a move that could further restrict shipments to a key export market, though its immediate impact may be limited as companies have diversified.The US department of commerce said it had found “critical circumstances” in its investigation…
Iran’s carefully coordinated display of unity after US President Donald Trump claimed divisions inside Tehran’s leadership may have been an attempt to contain a far deeper internal crisis, according to accounts circulating in Iranian political circles and reports cited by opposition outlet Iran International.At the center of the controversy is a reportedly confidential letter sent…
File photo: FM Nirmala Sitharaman Union finance minister Nirmala Sitharaman on Thursday urged banks to strengthen cybersecurity systems and adopt a more proactive approach to tackle emerging threats linked to advanced artificial intelligence models, particularly amid concerns over Anthropic’s “Claude Mythos”.Chairing a high-level meeting with bank chiefs alongside IT minister Ashwini Vaishnaw, Sitharaman directed lenders…
MUMBAI: The ceasefire in West Asia has provided “a breather to the global economy”, but RBI cautioned that “downside risks to the global outlook” have increased even as “upside risks have increased” on the inflation front, signalling a more fragile balance for the Indian economy in its latest State of the Economy assessment.The report adopts…
NEW DELHI: The Supreme Court on Wednesday called the socio-political realities in the poll-bound West Bengal an “extra-ordinary situation” while hearing the ED raids obstruction case involving chief minister Mamata Banerjee, who entered the premises mid-raid and took the files linked to I-PAC overseeing the TMC’s election campaign.Pulling up the West Bengal government, the court…
BENGALURU/NEW DELHI: HCLTech’s results presented a mixed picture, weighed down by client-specific headwinds, delayed procurement decisions and persistent market volatility, even as the company continued to lean into artificial intelligence as a long-term growth driver.Revenue for the March quarter declined 3.3% sequentially in constant currency (which excludes currency impact) and grew 2.4% year-on-year. In dollar…
