NEW DELHI: India never stopped sourcing crude from Russia, government sources said on Saturday, despite US President Donald Trump’s linking the withdrawal of a 25% penalty tariff in the proposed trade deal framework to New Delhi’s purported pledge to halt such purchases. Sources said India has never depended on permission from any country to buy…
NEW DELHI: Prime Minister Narendra Modi on Tuesday shared a detailed letter addressed to the women of India, dedicated to “Nari Shakti” and reiterating the government’s push for reservation for women in legislative bodies. Posting the letter on X, the Prime Minister said women across the country are appreciating the initiative to ensure their representation,…
Check out the companies making the biggest moves premarket: Nvidia , Microsoft — The hyperscalers were rising after Nvidia, in a collaboration with Microsoft, revealed a new processor for personal computers . Nvidia was up 2%, while Microsoft was rising nearly 4% in premarket trading. Dell , HP , Arm — Derivatives of Nvidia’s computer…
US President Donald Trump has announced plans for the federal government to purchase $200 billion worth of mortgage bonds, saying the move will help bring down mortgage rates as concerns over housing affordability continue to weigh down Americans.In a post on social media on Thursday, Trump said the funds would come from Fannie Mae and…
NEW DELHI: A passport is primarily a travel document and should not be treated as proof of citizenship, a senior external affairs ministry official said Wednesday at an event to highlight the expansion of passport services across the country on 14th Passport Seva Divas.The passport attests the nationality of Indians when they are abroad but…
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller on Monday voiced support for another interest rate cut at…
NEW DELHI: India on Thursday raised serious concerns at the United Nations over threats to commercial shipping in the Strait of Hormuz, urging the immediate restoration of safe navigation and calling for restraint and de-escalation amid continuing tensions in the Middle East.Addressing the UN General Assembly debate under the Veto Initiative on “The Situation in…
The Reserve Bank of India (RBI) on Monday decided against activating the countercyclical capital buffer (CCyB), indicating that current financial and credit conditions do not warrant an additional capital requirement for banks, PTI reported.The central bank said the decision followed a review and empirical assessment of indicators used under the CCyB framework.“Based on review and…
Oppo, Vivo, Lenovo-Motorola, Haier, Midea and other top Chinese electronic companies are relying on group companies to fund their Indian operations, according to the Registrar of Companies filings. Most of the funds received are from external commercial borrowing route from linked parties.According to sources cited by ET, this comes as the entities face a roadblock…
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