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Food processing push: Global, domestic firms may invest Rs 1.02 lakh crore; job creation in focus

The government said global and domestic companies have signed agreements to invest around Rs 1.02 lakh crore in India’s food processing sector during the four-day World Food India 2025 summit held at Bharat Mandapam in the national capital from September 25 to 28.The Ministry of Food Processing Industries said 26 companies, including Reliance Consumer Products,…

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Gold rate outlook: Bullion rally may stretch this week; US jobs data, festive demand in focus; analysts warn of profit-taking

Gold rate outlook: Gold and silver prices are likely to extend their rally this week, though late profit-taking could cap gains amid key global economic releases, analysts said.Traders will watch out for PMI data, US non-farm payrolls, employment numbers, consumer confidence, and speeches by Federal Reserve officials for direction, PTI reported.“… we expect the current…

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$100k fees for H-1B visa: India assures continued talks with US; focus on ‘skilled talent mobility and exchange’

India continues its engagement with the Trump administration and relevant stakeholders regarding Washington’s proposed rules to increase H-1B visa application fees to $100,000.In its Friday briefing, the MEA emphasised that skilled workforce mobility has significantly benefited both nations’ innovation, economic progress and wealth generation. “We have seen the notice by the US Department of Homeland…

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MoU on the table: India eyes deeper agricultural ties with Russia; focus on boosting exports

Union Minister of Agriculture and farmers’ welfare Shivraj Singh Chouhan meets Russia’s Deputy Prime Minister Dmitry Patrushev (ANI photo) Agriculture Minister Shivraj Singh Chouhan and Russian Deputy Prime Minister Dmitry Patrushev convened on Friday to explore ways to bolster bilateral agricultural cooperation, with both nations showing willingness to establish a formal memorandum of understanding.The leaders…

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‘One India’: Canada gets clear message from Delhi; Khalistan threat, extraditions in focus | India News

NEW DELHI: Canada’s national security adviser Nathalie Drouin on Thursday said that New Delhi and Ottawa have found a “way” to address mutual concerns as both the countries agreed to work together to open a fresh chapter, placing particular emphasis on tackling terrorism and transnational crime.Days after meeting her counterpart Ajit Doval in India, Drouin…

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Reducing Russian crude imports: India wants US to allow oil from Iran, Venezuela; 25% penal tariffs in focus

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…

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Boost for IAF! HAL looks to secure billion-dollar GE engine deal for LCA Tejas Mk1A; India-US defence ties in focus

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…

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Indian Railways revises contract conditions: Introduces localisation, price variation clauses; compliance with GST norms in focus

Indian Railways has revised its standard conditions of contract for tenders, introducing localisation and price variation clauses while emphasizing maintenance during contract execution, officials said. The changes aim to make procurement more flexible and reduce litigation.“Contractors can replace faulty or rejected goods within 60 days of being informed of defects. They had just 21 days…

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