NEW DELHI: Prime Minister Narendra Modi on Saturday inaugurated development projects worth over Rs 60,000 crore in Odisha, spanning telecom, railways, healthcare, higher education, and skill development. In a landmark for India’s telecom sector, PM Modi launched BSNL’s indigenous 4G ‘Swadeshi network stack’, placing the country among a select group—including Denmark, Sweden, South Korea, and…
Bank holiday today: Banks across India, including major lenders like the State Bank of India (SBI), will observe holidays this weekend as per the Reserve Bank of India (RBI) calendar. Regular RBI holidays include all Sundays, as well as the second and fourth Saturdays of each month.This week, bank closures will include:September 27–28 (Saturday-Sunday): Pan-India…
NEW DELHI: Foreign ministers of BRICS nations, meeting on the sidelines of the 80th UN General Assembly (UNGA80), slammed Donald Trump-led US administration’s tariffs on over 70 countries, calling them a “proliferation of trade-restrictive actions” that endanger global supply chains and economic stability.In their joint statement, the ministers said they were concerned “over proliferation of…
MUMBAI: Hindustan Unilever (HUL) has said that sales have been impacted in Sept as markets prepared for the new GST regime leading to some temporary disruptions in the supply chain. Distributors and retailers postponed placing orders for fresh stock as they awaited new packs with updated prices to hit the markets and instead focused on…
US President Donald Trump‘s announcement of a 100% tariff on imported “branded and patented pharmaceutical products” has rattled the global pharma industry, though Indian generic drug makers are largely expected to remain unaffected for now.Trump, in a post on Truth Social on Thursday, stated: “Starting October 1st, 2025, we will be imposing a 100% Tariff…
MEA spokesperson Randhir Jaiswal (Image credits: PTI) NEW DELHI: India has asked Russia to release 27 more of its citizens who were recently recruited into the Russian military, the ministry of external affairs (MEA) said on Friday.“As per our information, 27 Indian nationals are presently serving in the Russian army. We are also in close…
The Donald Trump-led US administration is considering a plan to impose tariffs on imported electronic devices depending on the number of chips in each one of them, Reuters reported, citing three sourcesUnder the proposal, the US commerce department would calculate tariffs as a percentage of the product’s estimated chip value, in a move designed to…
MUMBAI: Fresh tariff-related jitters, weakness of the rupee and foreign fund selling pulled the sensex down by 733 points on Friday to 80,246 points, near its four-week low. As US President Donald Trump announced a fresh set of tariffs on imports of pharmaceutical products, most pharma stocks closed deep in the red. Nifty was down…
Donald Trump urges Microsoft to sack Lisa Monaco (Picture credit: AP, US department of justice) US President Donald Trump on Friday publicly demanded that Microsoft dismiss Lisa Monaco, the company’s president of global affairs and a former top official in Democratic administrations.In a lengthy Truth Social post, Trump claimed ‘corrupt and totally Trump deranged’ Monaco…
NEW DELHI: Government on Friday said that a team led by commerce and industry minister Piyush Goyal, which met United States Trade Representative Jamieson Greer and ambassador designate Sergio Gor, held “constructive” talks on several aspects of the proposed trade deal.“Both sides exchanged views on possible contours of the deal and it was decided to…
