Sergio Gor (File photo) India’s role in the global semiconductor supply chain is “essential” as other countries in the neighbourhood seek to dominate legacy chip production, US Ambassador to India Sergio Gor said on Saturday at the inauguration of Micron Technology’s semiconductor facility in Sanand, Gujarat.Speaking at the event where Prime Minister Narendra Modi inaugurated…
UAE Food Stock Update: Are Supermarkets Running Out Amid Iran–US-Israel Tensions? Amid escalating geopolitical tensions in West Asia, including recent missile exchanges involving Iran, the United States and Israel that rattled Gulf cities and triggered regional alerts, the United Arab Emirates has reassured the public that its markets remain stable and strategic food reserves are…
UAE Announces Petrol and Diesel Prices for March 2026: What Drivers in Emirates Need to Know The United Arab Emirates Fuel Price Committee has released its official fuel price updates for March 2026, giving motorists a clear picture of how much they will be paying at the pump for petrol and diesel this month. The…
Indian exporters have flagged fresh concerns over logistics disruptions and rising costs after the US and Israel launched strikes on Iran, triggering retaliatory attacks and escalating tensions across the Middle East.Industry bodies said prolonged instability in the region could disrupt key shipping corridors, push up marine insurance premiums and increase transportation costs, affecting outbound shipments…
The Nifty IT index plunged 19.5% in February, marking its steepest monthly decline in 17 years, as mounting fears of artificial intelligence-led disruption triggered heavy selling across technology services stocks.The fall is the sharpest since September 2008, when the index had dropped nearly 21% during the global financial crisis. The index declined in 12 of…
Israel-US strikes on Iran hit air travel from India: The Ministry of Civil Aviation (MoCA) has assessed aviation readiness in response to the developing situation in the Middle East and its possible implications for international flight operations. The Civil Aviation Minister conducted a detailed review of preparedness and response arrangements in coordination with all relevant…
Deepinder Goyal (File photo) Zomato founder Deepinder Goyal on Friday announced that his new health tech venture, Temple, has secured $54 million in its first funding round from friends and family, and valued at approximately $190 million.“Temple has raised its first round. Friends and family. $54m. Post-money valuation of ~$190m,” said Goyal on X.Temple, which…
India and the European Union are preparing to grant each other Most Favoured Nation (MFN) status once their landmark free trade agreement comes into force. The move, embedded within the draft text of the agreement, will bind both sides to World Trade Organization (WTO) disciplines and ensure they do not impose new import or export…
NEW DELHI: India’s economy is estimated to grow at 7.6% in 2025-26, led by manufacturing and services as the country’s statistics office released revised data series with a new base year of 2022-23.The message from the revised numbers is that the economy has remained resilient against the backdrop of trade and geopolitical tensions, and India…
MUMBAI: Gold loans are booming. Lending against the yellow metal is expanding at triple-digit rates of 128% year-on-year, propelling personal loans, which in turn underpin the 14.4% overall growth in bank credit as of Jan 31.Data from RBI on the sectoral deployment of bank credit shows personal loans outpacing all other segments. At 34.5%, they…
