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‘India is our friend’: Iran envoy hints at ‘safe passage’ for Indian ships via Strait of Hormuz | India News
NEW DELHI: Iran’s Ambassador to India, Mohammad Fathali, on Friday indicated that Indian vessels could soon receive safe passage amid tensions affecting maritime routes in the region, stressing the strong ties between the two countries.Responding to a question on whether Iran would allow safe passage to India, Fathali said the development could become visible shortly…
NMDC becomes 1st mining co in India to cross 50 million tonnes of iron ore production in a single FY
Hyderabad: State-run miner NMDC Limited on Friday said it has become the first mining company in India to produce 50 million tonnes of iron ore in a single financial year, reaching the milestone just before the close of FY 2025-26.The Hyderabad-based Navratna CPSE under the ministry of steel said the achievement marks a major step…
Premiumisation fuels growth in India’s watch market
India’s ‘accessible’ luxury watch segment is emerging as one of the fastest-growing segments as consumers increasingly upgrade to premium timepieces. The momentum is expected to accelerate further with the India-EFTA Trade and Economic Partnership Agreement, which will gradually lower import duties to nil on European watches over the next four-five years, drawing greater interest from…
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Foundation publishes mandate defining its role, core principles
The Ethereum Foundation (EF) released a sweeping new document outlining its philosophy, priorities and long-term role in stewarding the world’s second-largest blockchain network. The 38-page “EF Mandate,” published Friday, frames the blockchain, whose ether (ETH) token is beaten only by bitcoin BTC$72,246.32 in market capitalization, as a technology designed to protect individual freedom in an…
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