US sanctions Iran: Additional 25% tariffs to have minimal impact on India, say government sources – here’s why

AI image (Picture credit: Google Gemini) India is unlikely to face any major impact from the 25 per cent tariff announced by the US President Donald Trump on countries doing business with Iran, as per government sources cited by news agency ANI, who pointed to India’s limited trade exposure with Tehran.Newly announced US tariffs are…

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Ethereum’s ‘Glamsterdam’ upgrade aims to fix MEV fairness

Ethereum developers, fresh off last month’s successful Fusaka upgrade, which cut down costs for nodes, are already moving full-steam ahead on planning the blockchain’s next major change. Enter “Glamsterdam.” The name is a portmanteau of two simultaneous upgrades taking place on Ethereum’s two core layers. The execution layer, where transaction rules and smart contracts live,…

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Diesel locomotives being phased out? Indian Railways pushes for engines run on alternative fuels like hydrogen; check details

India is stepping up the adoption of battery and alternative fuel-powered train engines as it moves to phase out diesel locomotives on short and medium-distance routes, following the near-complete electrification of its rail network.With just 405 route kilometres (rkm) left to be electrified out of a total 70,117 rkm, officials said the focus of the…

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Aviation push: Adani Group enters MoU with Brazil’s Embraer to set up regional aircraft manufacturing facility

Adani Group on Tuesday entered in a strategic collaboration with Brazilian aircraft maker Embraer to set up a regional aircraft manufacturing facility in India, taking a step towards the country’s push towards indigenous manufacturing in civil aviation.Adani Defence & Aerospace and Embraer formalised the partnership with the signing of a Memorandum of Understanding, at an…

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Gold rate outlook: Prices seen range-bound as markets await US data; Fed signals, dollar strength to guide sentiment

Gold is likely to trade in a tight range in the near term as investors await key US economic indicators—including GDP and inflation data—and signals from the Federal Reserve’s December policy meeting that could define the direction of interest rates, analysts said, according to news agency PTI. They added that weekly US jobless claims, consumer…

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