Manufacturing activity in US was at record bottom December, marking 10th consecutive month of contraction. The Institute of Supply Management (ISM) index slipped to 47.9 from 48.2 in November.The latest figures mark the lowest reading for the year, with production levels falling below November’s numbers. While employment showed a minor uptick of 0.9 percentage points,…
NEW DELHI: Ten Indian sailors, detained in Iran in July 2025 on board an oil tanker, have been released after “sustained diplomatic engagement”, Directorate General of Shipping said in a statement on Tuesday.Sailors on MV Harbour Phoenix were “detained, arrested and imprisoned in Iran following the vessel’s interception near Jask Port in July 2025”, it…
Garment exporters in Tamil Nadu’s textile hub Tiruppur expect shipments to the United States to double to about Rs 30,000 crore over the next three years following the India-US trade framework, industry representatives told PTI.They also indicated that the sector could generate about 5 lakh additional jobs over the next three to five years as…
MUMBAI: Elevation Capital, an early backer of One97 Communications which owns fintech Paytm is selling about 1.3% stake in the company worth Rs 964 crore through block deals on Friday, the term sheet of the deal showed.The floor price of the offer, set at Rs 1,121 per share, is at a 3% discount to Paytm’s…
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Giriraj Singh (File photo) NEW DELHI: Union minister Giriraj Singh on Monday said Umar Khalid and Sharjeel Imam’s actions were the “same” as those of Pakistani terrorist Kasab, as the Supreme Court refused bail to Khalid and Imam in the 2020 north-east Delhi riots case. Welcoming the Supreme Court’s decision, the BJP leader said: “Umar…
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Nine months ago, Congress passed the GENIUS Act, establishing the first federal regulatory framework for payment stablecoins. The results have been demonstrative: the stablecoin market grew 49% in 2025, reaching $306 billion by year’s end. Circle, Ripple and other digital asset companies received provisional national banking charters from the OCC. Institutional capital that had been…
NEW DELHI: AI could either amplify India’s demographic advantage or weaken it, depending on the choices made now, chief economic adviser V Anantha Nageswaran said on Monday, calling for coordinated national action. Speaking virtually at AI Impact Summit during a session on ‘Employability in the AI age’, Nageswaran said technological adoption must be deliberately aligned…
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