Latest News, Updates & Breaking Headlines
NEW DELHI: India is reportedly close to finalising defence agreements worth around $450 million to supply BrahMos supersonic cruise missiles, the weapon system used to strike Pakistani air bases during the four-day conflict in May — strikes that prompted Islamabad to seek a ceasefire. “The deals are expected to be signed in the near future…
File photo (Picture credit: AP) Asian stocks climbed on Tuesday, buoyed by growing expectations that the US Federal Reserve will cut interest rates in December, while crude prices steadied as traders balanced geopolitical uncertainty with forecasts of a softer oil market next year.As per Reuters, MSCI’s index of Asia-Pacific shares excluding Japan rose 1%, led…
NEW DELHI: The China factor weighs heavily on India’s emerging electric car market as the domestic supply chain for the green cars is still inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV car models sold in the country, only six have been found eligible for benefits under the…
Tata Power has signed commercial agreements with Druk Green Power Corporation to acquire a 40 per cent stake in a special purpose vehicle (SPV) to develop the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan, the company said on Friday. The equity commitment is valued at approximately Rs 1,572 crore and will be infused in…
‘A good newspaper, I suppose, is a nation talking to itself.’ That is how Arthur Miller, eminent US playwright and, incidentally, Marilyn Monroe’s husband for a few turbulent years, defined journalism’s role. Whenever a landmark event hits a country, it is worth listening closely to how the media is reporting it, not just to what…
File photo (Picture credit: AP) Asian markets fell on Tuesday as caution spread across global equities ahead of several delayed US economic releases and shifting expectations around the Federal Reserve’s next move. The weakness followed a tech-led slide on Wall Street overnight, with investors watching closely for Thursday’s September nonfarm payrolls report to gauge the…
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…
A new analysis by the Oxford Institute for Energy Studies has cautioned that the worldwide effort to move away from Russian gas is creating fresh instability in the market, largely because of tighter supplies and shifting political alignments. The report says that cutting reliance on Moscow has pushed several countries to depend more heavily on…
The global oil market is tilting towards oversupply as production growth continues to outpace consumption despite a rise in Chinese demand, according to the International Energy Agency’s (IEA) latest monthly report released on Thursday. The IEA projected that worldwide oil production will exceed demand by more than four million barrels per day (bpd) in 2026,…
India’s top car makers Maruti Suzuki, Hyundai Motor India and Tata Motors, are gearing up to expand production by 20–40% in the coming months. The ramp up comes after a sharp revival in vehicle demand following the recent Goods and Services Tax (GST) cuts. Maruti Suzuki, the country’s largest carmaker, plans to produce over 200,000…
