Wall Street ended lower yesterday as chipmaker stocks continued their recent slide, while renewed tensions between the United States and Iran heightened investor uncertainty. Among the major indices, The Nasdaq Composite Index plunged two per cent, the Dow Jones Industrial Average shed 1.9 per cent and the S&P 500...
India attracted cumulative Foreign Direct Investment (FDI), inflows worth 843 billion US dollars between 2014-15 and 2025-26, registering a 169 per cent increase over the previous 12-year period. According to the Department for Promotion of Industry and Internal Trade (DPIIT), India recorded a historic FDI inflow of over 94...
Facebook’s parent company META today announced that it will establish its first AI-enabled data centre in India. As part of the agreement, META and Reliance Industries will build a data centre with 168 megawatts of capacity at Jamnagar in Gujarat, which META will lease, with options to scale.   The data...
Secretary (East) of the Ministry of External Affairs Rudrendra Tandon led the Indian delegation at the ASEAN Regional Forum (ARF) Senior Officials’ Meeting in Manila yesterday.   In a social media post, the External Affairs Ministry said that at the forum, the secretary highlighted the critical relevance of ARF mechanism and...
India has secured continued market access for exports of aquaculture products, including honey and eggs, to the European Union beyond September this year, under the amended EU regulatory framework. The European Union has included India in its list of authorised countries eligible to export these products after new regulations...
Tata Steel’s interventions in healthcare, education, livelihoods, tribal development and climate resilience have positively impacted 6.9 million people across six states, and the company is committed to scaling up its community development programmes, a senior official said. The initiatives are being implemented through Tata Steel Foundation, which anchors the company’s...
  Adani Ports and Special Economic Zone Ltd (APSEZ) on Monday said it has secured a 10-year marine services contract for Argentina’s first Liquefied Natural Gas (LNG) export, marking its entry into South America and expanding its international marine services footprint. The company in a statement said the contract has been...
The Organization of the Petroleum Exporting Countries (OPEC plus) has agreed to raise oil production in July as the United States and Iran struggled to reach an agreement to end the war. According to the cartel’s statement released after its virtual meeting today, the seven OPEC plus countries, which...
Bangladesh and Turkiye have reached an understanding to form a joint ministerial level committee on defence and foreign affairs to strengthen bilateral political cooperation. The decision was announced on Saturday after a meeting between Prime Minister Tarique Rahman and Turkish Foreign Minister Hakan Fidan, who arrived in Dhaka on a...
  American e-commerce giant Amazon on Thursday said it plans to double to one lakh its electric delivery van fleet across global operations, including India, by the end of 2030. Amazon, which started rolling out its electric delivery vans in the summer of 2022, has deployed more than 50,000 electric delivery...