Prime Minister Narendra Modi is set to inaugurate two major National Highway projects in Delhi on Sunday, with a combined value of nearly Rs 11,000 crore. The inauguration marks a significant step in government’s broader plan to ease congestion in the capital and improve connectivity across the region.The projects: the Delhi section of the Dwarka…
Samsung is deepening its manufacturing footprint in India, highlighting the country’s importance in the global electronics supply chain.Union minister Ashwini Vaishnaw said on Saturday that the South Korean technology major is adding to its production portfolio in India. The company already operates its second-largest mobile phone plant worldwide in the country and stands as India’s…
Postponing or rescheduling the meeting is important because the US has imposed a significant 50% on Indian products. (AI image) India-US trade deal: As India looks at the possibility of a 50% tariff on its exports to the US effective August 27, the sixth round of trade deal talks between the two countries may be…
MUMBAI: An IndiGo A321 aircraft, operating a flight from Bangkok, suffered a tail strike when landing in Mumbai in heavy rains in the early hours of Saturday.IndiGo flight 6E1060 departed Bangkok at 11.40 pm and landed in Mumbai around 3 am. But before it could touch down on runway 27 of the airport, the aircraft…
Independence Day discounts gave India’s retail sector a much-needed boost, with footfalls and sales rising by 8-10% year-on-year across key shopping destinations. Industry executives say the revival in entry-to-mid segment demand has raised hopes of a strong festive season ahead.Electronics, particularly in affordable categories, along with groceries and apparel have seen healthy growth. Restaurants, too,…
After the US imposed a 50% tariff on India, including a 25% duty for buying Russian oil, many are questioning why China was spared such action despite being one of Russia’s biggest oil buyers.US President Donald Trump said on Friday (local time) that he does not see an immediate need to impose retaliatory tariffs on…
US President Donald Trump’s tariff decisions might be doing more harm to the US than good, renowned economist and Columbia University professor Jeffrey Sachs told ANI.In a sharp attack to Trump admin’s tariff policies, he termed these duties as a pressure tactic on New Delhi and warned of risking years of progress in bilateral relations.In…
Almost 70% of Indian goods exports to the US, or around $60.85 billion, are now facing a 50% tariff imposed by the US.An analysis by the Indian Council for Research on International Economic Relations (ICRIER) shows that the figures are just 1.56% of India’s GDP and 7.38% of its total exports and pose no catastrophe…
India is stepping up efforts to secure its rare earth supply chain, a key element for clean energy expansion and electric mobility growth. A report by global consulting firm Primus Partners, ‘From Extraction to Innovation’, outlines a detailed plan to achieve self-reliance in rare earth magnets under the government’s Viksit Bharat vision, reported ANI.The report…
Nifty 50 could fluctuate between 11 per cent below and 4 per cent above its year-end target of 25,000 as markets face a host of uncertainties, according to a report by BofA Securities.As per news agency ANI, the brokerage said that possible US trade tariffs on Indian goods, a shaky US economic outlook, delays in…
