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US curbs on AI spur European firms to spread the riskEuropean firms are diversifying AI providers due to U.S. access limits, highlighting a need for domestic alternatives. Companies like Sieme...
Chinese proverb of the day: 'Scholars are their country's treasure, and the richest ornaments of a...' - inspiring life lessons on knowledge, leadership, national prosperity and why education builds strong societiesChinese proverb of the day: This proverb underscores that true national wealth lies not just in material possessions but in educated minds....
Rs 9,500 for 20 minutes to fix a door: Indian woman in US gives reality check on skilled workers’ earningsAn Indian woman in the US shared her experience of paying $100 for a 20-minute garage door repair, highlighting the high value placed on sk...
China warns of fragmented supply chains as trade tensions growBeijing, a dominant supplier, has retaliated against potential restrictions with export controls. While China attributes its competitivenes...
US Stock Market: Warsh reshapes Fed playbook with leaner messaging and reform agendaUS Federal Reserve Chair Kevin Warsh signalled a major shift in central bank communication by adopting shorter policy statements and focusi...
RBI expected to hold repo at 5.25% as uncertainty eases, will watch food and fuel pass-through: BofA SecuritiesThe Reserve Bank of India is expected to maintain its wait-and-watch stance and keep the repo rate at 5.25 per cent in coming meetings as t...
Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
India has to invest in deep tech capabilities, build globally competitive products: Neelkanth MishraSenior economist Neelkanth Mishra urged IIT Gandhinagar graduates to foster a domestic innovation ecosystem and invest in deep tech. He emp...
India, US trade deal can't be implemented until we have 'competitive advantage': Piyush GoyalCommerce and Industry Minister Piyush Goyal on Saturday said India cannot implement the proposed trade agreement with the United States unt...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
PLI, duty incentives soon for Lithium, Nickel processing units in IndiaThe proposed scheme, which is close to securing approvals, will offer production-linked incentives and waive import duties on capital goods...
India's clean energy transition needs cleaner industrial supply chainsIndia's clean energy ambitions depend not just on renewable capacity but also on decarbonising industries. Cleaner supply chains, green man...
RBI MPC member Nagesh Kumar flags import dependence, Gulf remittances, El Nino risks in minutesIndia faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the S...
Yuan or Dollar? Indian businesses explore alternatives as import costs climbIndian businesses, particularly MSMEs, are hesitant to adopt yuan-denominated settlements despite a weakening rupee. They prioritise locali...
Holiday Halt: S&P 500, Nasdaq to remain closed for Juneteenth today after busy 'triple witching' sessionUS financial markets will be closed on Friday, June 19, for Juneteenth, granting investors a long weekend. This federal holiday's observanc...
Designer subsidies must be the fashionThe Comptroller and Auditor General of India has issued a cautionary note regarding the surging state subsidies that are beginning to weigh...
A canal without locks? A Latin American mega project aims to challenge the Panama Canal without digging oneMexico’s dry canal project is changing global trade with a bold rail-based route connecting oceans. The Interoceanic Corridor uses a 192-mi...
US-Iran peace talks: Senior officials link sanctions relief to nuclear compliance guaranteesSenior Trump administration officials revealed a new understanding with Iran, linking sanctions relief and economic reintegration to strict...
Middle East peace deal lifts market mood, but key challenges remain: William LeeGlobal markets are optimistic about a new peace framework involving Iran, easing energy supply and geopolitical concerns. Investors welcome...
Why India’s green transition must move beyond large-scale renewable projectsAs India pursues ambitious climate and renewable energy goals, decentralised clean energy solutions are emerging as a critical driver of ru...