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The US is reportedly working towards an interim trade deal with India, potentially setting tariffs below 20%, a favorable position compared to other Asian nations. This arrangement allows for continued negotiations, aiming to resolve outstanding issues before a broader agreement expected this fall. The US is working toward an interim trade deal with India that may reduce its proposed tariffs to below 20%, people familiar with the matter said, putting the South Asian nation in a favorable positi ...Read More >
Representative Image: Currently, there is no antiviral treatment or licensed vaccine against dengue in India | Image: Bloomberg Enrolment of about 10,500 participants in the phase III clinical trial of the indigenous one-shot Panacea Biotec developed dengue vaccine, DengiAll, is likely to be completed by October across 20 centres in India, according to ICMR scientists. So far, 8,000 participants in various centres at Pune, Chennai, Kolkata, Delhi and Bhubaneswar among others have received eith ...Read More >
New Delhi: India and America are working rapidly towards an interim trade agreement, which can bring down the proposed tariff to below 20%. This agreement will put India in a better position commercially than other countries in the region. If reports are to be believed, America will not give formal notice of tariff increase to India this week, while many other countries have unexpectedly faced tariffs of up to 50%. Trump has already sent letters regarding imposition of tariff to about 20 countri ...Read More >
NEW DELHI - A month after the worst aviation accident in India in decades, the authorities are poised to release a preliminary report into the catastrophe, offering the first official clues to what caused the aircraft to plummet back to the ground just 30 seconds after taking off. Investigators have revealed very few details since the Air India accident, and the report also stands to be basic and factual - if previous initial findings are any guide. The authorities are unlikely to draw definit ...Read More >
Following the tragic Air India Dreamliner crash in Ahmedabad, senior Air India pilots conducted simulator tests to explore potential causes. Recreating adverse conditions like high weight and temperature, they simulated flight with landing gear down and retracted flaps. The tests indicated the Boeing 787-8 could continue flying under those circumstances.A group of senior Air India pilots recreated on simulators some adverse conditions, such as flying with higher weight and temperature, and with ...Read More >
July 3 (Reuters) - Gold fell on Thursday as investors held back from making significant bets, awaiting the U.S. payroll data later in the day for insights into the Federal Reserve's policy direction. Spot gold lost 0.3% to $3,346.47 per ounce, as of 0211 GMT, while U.S. gold futures edged down 0.1% to $3,357.20. Gold appears to be consolidating at present within $3,320 to $3,360 range, with the market adopting a wait-and-see approach ahead of U.S. Non-Farm Payroll and ISM Services PMI data, ra ...Read More >
Foxconn India iPhone employees return: China's withdrawal of over 300 engineers from Foxconn's iPhone plants in India is raising concerns about Apple's production goals and India's manufacturing ambitions. This move is expected to disrupt training and delay high-end manufacturing processes, as Foxconn heavily relied on these experts.China's move to withdraw over 300 engineers from Foxconn's iPhone manufacturing facilities in India has raised concerns over its impact on Apple's production plans a ...Read More >
NEW DELHI - Foxconn, the main iPhone maker for Apple, has sent over 300 Chinese engineers and technicians back home from its factories in southern India. This decision started around two months ago, just as Apple was stepping up its efforts to move production away from China. The sudden loss of skilled workers could slow Apple's growth plans in India, especially as the company prepares to start making the iPhone 17 series in 2025. The reasons behind this recall are not clear. Neither Foxconn n ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Strategy, formerly known as MicroStrategy, is on track to report an impressive $14 billion in unrealized gains from its extensive Bitcoin accumulation strategy. Co-founded by Michael Saylor, the company has successfully transformed itself from a struggling enterprise software provider into a leading leveraged Bitcoin proxy, drawing comparisons to major corporate powerhouses such ...Read More >
Srinagar, July 2: A flight simulation of Air India's AI 171 has ruled out flight conditions alone as the cause of last month's crash, shifting focus to a possible dual engine failure, according to a report. The Ahmedabad-London flight AI 171 crashed shortly after takeoff from Ahmedabad, killing all 260 people -- 241 on board and 19 on the ground. Bloomberg reported that a simulation conducted by Air India pilots as part of the investigation found that factors like deployed landing gear and ret ...Read More >
Walmart-owned e-commerce major Flipkart is leaning heavily into social video and livestreaming to attract young shoppers who are glued to their smartphones. The move reflects a broader strategy of the company to seek long-term customer loyalty by making online shopping more immersive and interactive. Online shopping with live commerce Using videos to display and promote products has become one of the company's key new strategies, Neha Agrahari, a director at Flipkart told Bloomberg News. "User ...Read More >
New Delhi: Meta has brought on Trapit Bansal, a highly influential OpenAI researcher, to work on its AI reasoning models under the company's new AI superintelligence team, according to a report by TechCrunch. Bansal is expected to work with Meta to develop a cutting-edge AI reasoning model that's competitive with industry-leading technology. OpenAI spokesperson Kayla Wood told TechCrunch that Bansal had left the company. According to Bansal's LinkedIn page, he left OpenAI in June. Trapit Bansa ...Read More >
Mumbai, June 8 (SocialNews.XYZ) On her milestone 50th birthday, Shilpa Shetty took a heartfelt moment to reflect on her incredible journey and the defining stories that have shaped her both personally and professionally. Celebrating decades of success and growth, she shared insights into the experiences that made her the strong and inspiring woman she is today. Taking to Instagram, she posted a video of her transformation over the years and wrote, "Grateful for my journey and the stories that m ...Read More >
New Delhi, Jun 8 (PTI) India's second richest person Gautam Adani received a total remuneration of Rs 10.41 crore in the fiscal year ended March 31, 2025, lower than most industry peers and his own key executives. Adani, 62, drew salaries from two out of the nine listed companies in his ports-to-energy conglomerate, the latest annual reports of the listed entities of the group showed. His total remuneration was 12 per cent more than the Rs 9.26 crore he had earned in the previous 2023-24 financ ...Read More >
A question. Which party played identity politics in the 2024 campaign? Donald Trump and the Republicans or Kamala Harris and the Democrats? Left-leaning pundits think they know. Political consultant James Carville blamed Democrats' defeat on their "stupid, Goddamn identitarian mission." CNN anchor and Washington Post columnist Fareed Zakaria argued that one of the big mistakes Harris made was "elevating identity politics." New York Times columnist Maureen Dowd declared that "woke is broke." Th ...Read More >
SpaceX is in discussions to sell insider shares that could boost the value of Elon Musk's rocket and satellite company to around $350 billion, according to people familiar with the matter. That would be a significant premium to a previously mulled valuation of $255 billion as reported by Bloomberg News and other media outlets just last month. It would also cement SpaceX's status as the most valuable private startup in the world. SpaceX was last valued at about $210 billion in a tender offer ear ...Read More >
The rupee declined to a new all-time low after data showed a sharp slowdown in the economic growth. Bonds extended gains on bets the central bank may cut interest rates sooner than anticipated. The rupee fell 0.2 per cent to 84.6637 per dollar after a government report on Friday showed the economy grew at the slowest pace in almost two years. A stronger dollar spurred by US President-elect Donald Trump demanding a commitment from the so-called BRICS nations to using the greenback also weighed ...Read More >
Citing current and former US officials familiar with the situation, British newspaper the Financial Times said the investigation into Dong was part of that broader probe into military corruption. If confirmed, Dong would be the third Chinese defence minister in a row to fall under investigation for corruption. Asked about the report at a regular briefing on Wednesday, Chinese foreign ministry spokeswoman Mao Ning said it was just "chasing shadows" and did not offer further information. A form ...Read More >
Defying pollsters, exit polls, and predictions, the BJP scored a hat trick in Haryana, albeit with a narrow lead in the recent Assembly election. It formed a government on its own sans any ally, and Chief Minister Nayab Singh Saini assumed office for a second consecutive term with relative ease. But the euphoria did not last long. In the first Assembly session convened after the new government took over, the opposition, led by the Congress and the electorally diminished Indian National Lok Dal, ...Read More >
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