India and Israel are set to sign a Bilateral Investment Treaty (BIT) during the visit of Israel’s finance minister Bezalel Smotrich later this week, in what is being seen as a step towards laying the groundwork for a free trade agreement (FTA), according to sources.Smotrich will be in India from 8 to 10 September on […]
Nearly half of India’s diaspora lives in just 10 countries! US & UAE at the top of list; check where overseas Indians live
India’s diaspora also plays a major role in the economy. (AI image) India’s diaspora population has expanded to 3.43 crore, making it the largest in the world, according to a government reply in Lok Sabha quoted in an ET report. It is evenly split between Persons of Indian Origin (PIOs) and Non-Resident Indians (NRIs), each […]
‘Russian economy will be in total collapse’: Trump official wants more tariffs on countries buying Russia oil; urges EU to add pressure
Bessent made these observations shortly after Russia conducted its most extensive aerial assault since the war began. US Treasury Secretary Scott Bessent has called on the European Union to join America in adding pressure on Russia, and indicating possibility of more tariffs on countries buying Russian crude oil. The Donald Trump administration has already imposed […]
Indian stock markets may finally narrow gap with EMs! Modi-Xi meet, GST rate cuts boost sentiment; what’s the outlook?
The strengthening economic ties with China, the second-largest world economy, complement other positive factors for India. (AI image) Indian stock markets may see a boost with several positive catalysts fuelling bullish sentiment. Prime Minister Narendra Modi’s meeting with Chinese President Xi Jinping, alongside recent GST rate cuts, have generated positive sentiment regarding the potential for […]
PhysicsWallah IPO: Edtech giant files draft papers with Sebi; eyes raising Rs 3,820 crore
PhysicsWallah, the edtech giant, is set to make its stock market debut, having submitted updated draft papers to Sebi to raise Rs 3,820 crore through an initial public offering (IPO) aimed at expansion and growth initiatives.The IPO structure includes a fresh issue of shares worth Rs 3,100 crore and an offer for sale of Rs […]
Georgia Hyundai plant raid: US-South Korea finalise deal for workers’ release; here’s what’s happening
South Korea struck a deal with the United States, on Sunday, securing the release of its nationals detained during an immigration raid at a Hyundai plant in Georgia.Presidential chief of staff, Kang Hoon-sik, declared that the two nations had completed negotiations and only administrative formalities were pending. He further added that Seoul would arrange a […]
Petrochemical push: ONGC partners with Japan’s Mitsui to build VLECs for Dahej plant; feedstock imports to begin mid-2028
Oil and Natural Gas Corporation (ONGC) has partnered with Japanese shipping firm Mitsui OSK Lines to operate two very large ethane carriers (VLECs) that will import petrochemical feedstock for its subsidiary, ONGC Petro Additions Ltd (OPaL), according to sources.As per news agency PTI, ONGC and Mitsui have agreed to build, own and operate the specialised […]
SCO trade ministers’ meet: India cautions against weaponising export measures; reaffirms WTO-centred fair trade system
File photo (Picture credit: PTI) India has cautioned against the misuse of export-related measures to create artificial scarcity, distort markets, or disrupt supply chains at the Shanghai Cooperation Organisation (SCO) Trade Ministers’ Meeting held in Vladivostok on Saturday.According to a statement by the commerce ministry released on Sunday, India stressed that “export-related measures should not […]
Undersea cables cut in Red Sea: Internet disrupted across Asia, Middle East; India, Pakistan among affected
Internet services across parts of Asia and the Middle East faced disruptions after undersea cables in the Red Sea were cut, experts said on Sunday. While concerns were raised over possible sabotage amid ongoing conflict in the region, it was not immediately clear what caused the incident, according to the news agency Associated Press.Microsoft said […]
Starlink India push: Elon Musk’s firm in talks with data centres, telcos; groundwork begins for broadband rollout
Elon Musk’s firm in talks with data centres, telcos; groundwork begins for broadband rollout Elon Musk-owned Starlink has begun groundwork to set up terrestrial infrastructure in India, holding advanced talks with data centre operators, internet exchange providers, fibre players and telecom majors, as the satellite broadband firm prepares to launch services in a potentially high-growth […]