EU-India summit on Jan 27; EU says both can protect rules-based international order | India News

European Council President António Luís Santos da Costa and European Commission President Ursula von der Leyen will visit India for the 16th India-EU summit on January 27 and also participate in the Republic Day parade as chief guests a day earlier, said the government in an official announcement. The summit will be the culmination of…

Read More

Stocks making the biggest moves premarket: TSM, ASML, BLK

Check out the companies making the biggest moves in premarket trading: Taiwan Semiconductor Manufacturing — The chipmaker soared 6.6% after it posted another record quarter . The company saw a 35% increase in fourth-quarter profit, beating estimates amid demand for its artificial intelligence chips. ASML Holding —- Shares of the chip-equipment manufacturer jumped 6% after…

Read More

Power sector has investment potential of over Rs 40 lakh crore: Khattar

NEW DELHI: India has an investment potential of over ₹40 lakh crore in the power sector, Union minister Manohar Lal Khattar said on Thursday at a curtain-raiser for a global conference on the power sector.“We estimate an investment potential of over $345.97 billion in electricity generation and $68.22 billion in transmission and distribution. The energy…

Read More

Fed’s Goolsbee says inflation could come ‘roaring back’ if central bank independence goes away

Chicago Federal Reserve President Austan Goolsbee expressed caution Thursday about recent attacks on the central bank and Chair Jerome Powell, saying they could adversely affect inflation. “Anything that’s infringing or attacking the independence of the central bank is a mess,” Goolsbee said during a CNBC “Squawk Box” interview. “You’re going to get inflation come roaring…

Read More

India–China trade: Exports jump 67% in December on electronics, marine shipments; imports also rise

India’s merchandise exports to China surged 67.35% year-on-year to $2.04 billion in December, driven by higher shipments of electronics, marine and agricultural products, according to Commerce Ministry data released on Thursday.The sharp rise was led by exports of oil meals, marine products, telecom instruments and spices. In the electronics segment, key items registering strong growth…

Read More