Industry leaders in the electronics sector have urged the Indian government to allow joint venture proposals with Chinese companies under the automatic route, while limiting their equity share to a maximum of 26%, sources said.Documents reviewed by ET show that multiple industry associations, including the Confederation of Indian Industry (CII) and the India Electronics &…
Currently, India and the US are conducting parallel negotiations on two fronts. (AI image) India-US trade deal: Calling India a ‘tough nut’ to crack, US Trade Representative Jamieson Greer on Tuesday also said that India gives some of the ‘best offers’. Greer’s comments assume significance at a time when a US delegation is in India…
Elon Musk has played down the achievements of the Department of Government Efficiency (DOGE), the cost-cutting initiative he headed for US President Donald Trump, saying the unit managed only limited gains before it folded. Speaking on a podcast with former Trump official Katie Miller on Tuesday (local time), the Tesla chief said the experience is…
US stock market today: US equities showed little movement Wednesday morning as investors awaited the Federal Reserve’s policy announcement. S&P 500 edged down 0.1% but stayed close to its record levels, while the Dow Jones Industrial Average remained unchanged and the Nasdaq fell 0.3%. Treasury yields also showed little change as traders prepared for the…
Explore Dubai Free Zones for 100% foreign ownership, tax advantages, and multi zone operations with the Free Zone passport/Representative Image Dubai has become one of the world’s most attractive destinations for entrepreneurs and investors. Its network of Free Zones offers a simple, tax-friendly, and fully foreign owned business environment, making it easier than ever for…
In 2024-25, the US maintained its position as India’s principal trading partner for the fourth year running. (AI image) India-US trade deal: Commerce and Industry minister Piyush Goyal on Wednesday shared an important update on the ongoing India-US trade deal talks. The US team is in Delhi this week for another round of discussions on…
Nvidia has developed a location verification feature for its chips, aiming to help prevent its advanced artificial intelligence processors from being smuggled into countries where exports are restricted, reported Reuters, citing people familiar with the matterThe move comes amid growing pressure in the United States to tighten oversight of high-end AI hardware. Lawmakers and the…
Silver price today: Silver futures surged to another record on Wednesday, lifted by strong investor interest and growing expectations that the US Federal Reserve will cut interest rates.On the Multi Commodity Exchange, the March silver contract advanced for the second straight session, rising Rs 3,736, or 1.98 per cent, to reach a new peak of…
The government has not yet assigned spectrum to Starlink for commercial service deployment, and security clearances remain pending. Elon Musk-led Starlink plans to soon introduce its satellite communication services in India with pricing between Rs 2,500-3,500 for retail customers. The company aims to provide services across multiple sectors including maritime, aviation, retail, and enterprise segments….
Gold prices showed a mixed trend on Wednesday, with domestic futures inching up even as international rates dipped. On the Multi Commodity Exchange, February gold futures rose by Rs 173 to Rs 1,30,280 per 10 grams, while Comex gold for the same month traded marginally lower at $4,234.3 an ounce.Gold price in your city today:…
