India’s Russian oil imports driven by Asia’s richest The global energy map has been shifting rapidly since the war in Ukraine began, and India has found itself right at the center of the story. At the heart of it all lies Reliance Industries Limited (RIL), Asia’s most powerful conglomerate, run by Mukesh Ambani — the […]
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Sri Lanka Expands FTA to Boost Exports, Forex. With global demand steadily rising and new trade agreements in progress, the government has set a clear target of boosting apparel exports to \$8 billion by 2030. This ambitious goal reflects not only the sector’s resilience but also Sri Lanka’s broader vision of strengthening its economy through
US, China extend tariff truce for 90 days. The tariff truce between Beijing and Washington, originally scheduled to conclude on August 12, has been a crucial pause in escalating trade tensions between the world’s two largest economies. Without the recent 90-day extension, US tariffs on Chinese imports would have reverted to the steep peak levels
Tesla to open Delhi showroom today. Following the recent launch of Tesla’s first-ever India showroom in Mumbai’s upscale Bandra Kurla Complex on July 15, the electric vehicle giant is now gearing up to expand its footprint in the country. The Mumbai outlet marked a significant milestone for the company’s entry into the Indian market, attracting
Soybeans jump as Trump urges China to buy more. Soybean prices climbed on Monday after former U.S. President Donald Trump said he wanted China to purchase more American soybeans, fueling hopes of increased export demand. Traders said the remarks, made during a campaign stop, added optimism to grain markets already watching weather patterns in key
India will be the largest market, according to OpenAI CEO Sam Altman. GPT-5 combines the most advanced capabilities of ChatGPT into a single, seamless platform, ensuring that users receive the highest-quality responses for every query. It integrates improvements in reasoning, accuracy, creativity, and speed, making interactions more natural and productive. This unified experience represents a
India will be the largest market, according to OpenAI CEO Sam Altman. Read More »
India’s Defence Output Hits ₹1.5 Lakh Crore FY25. In FY 2024-25, India’s defence production saw significant growth, with Defence Public Sector Undertakings (DPSUs) recording a 16 per cent rise in output, while the private sector achieved an impressive 28 per cent increase. This surge reflects the country’s push for self-reliance in defence manufacturing, supported by
India’s Defence Output Hits ₹1.5 Lakh Crore FY25. Read More »
Trump Rejects Tariff Talks as India Faces Hike. India has expressed deep disappointment over the United States’ decision to impose additional tariffs, calling it “extremely unfortunate.” Officials stated that the move unfairly targets India for actions that many, New Delhi emphasized that such measures undermine the spirit of mutual cooperation and could strain bilateral relations.
Indian stock market falls after RBI decision. Among the IT stocks, Coforge emerged as the biggest loser of the day, witnessing a sharp decline of 3.49 per cent. The stock faced selling pressure amid broader market weakness and negative sentiment following the RBI’s policy announcements. RBI Keeps Repo Rate Unchanged: Indian Stock Market Reacts Cautiously
Trump slaps 50% tariff, US-India ties worsen. US-India ties worsen as Trump imposes steep 50% tariff. India remains among a small group of major global economies that have yet to secure a trade deal with the United States. As a result, it now faces the highest tariff rate imposed by the US on any major
