NEWS

China calls off plan for €3.8 billion EV battery unit in Germany

China calls off plan for €3.8 billion EV battery unit in Germany

07 Nov 2024

China has reacted sharply to European Union's decision to impose tariffs of up to 45 per cent on its electric vehicles by terminating all major projects in Germany and Italy.

Donald Trump makes a spectacular comeback

Donald Trump makes a spectacular comeback

06 Nov 2024

Donald Trump rode back to power in the United States capping a fiercely contested campaign for presidency, overcoming a wave of intimidation, criminal cases and indictments by a desperate opposition.

India’s kharif foodgrain production seen at record 164.71 million tonnes

India’s kharif foodgrain production seen at record 164.71 million tonnes

06 Nov 2024

India achieved record production of 165 million tonnes of foodgrains, on the back of an increase in the production of rice,

Bharat Forge bids lowest in Indian Army’s Rs6,000-cr tender for ATAGS howitzers

Bharat Forge bids lowest in Indian Army’s Rs6,000-cr tender for ATAGS howitzers

06 Nov 2024

Bharat Forge has emerged as lowest bidder in Indian Army's Rs6,000-crore tender to develop and manufacture 307 ATAGS howitzers, to be deployed along the borders with China and Pakistan.

Boeing strike ends as 59% workers vote for wage deal

Boeing strike ends as 59% workers vote for wage deal

06 Nov 2024

Boeing workers at the plane maker’s US West Coast facilities have voted in favour of a new contract that offers 38 per cent rise in wages over the next four years.

IREL, Kazakhstan’s UKTMP to set up joint venture titanium slag unit in Odisha

IREL, Kazakhstan’s UKTMP to set up joint venture titanium slag unit in Odisha

05 Nov 2024

IREL (India) Ltd, formerly Indian Rare Earths Limited, has entered into an agreement with Ust-Kamenogorsk Titanium and Magnesium Plant JSC,

Govt has no unbridled power to take over private resources: Supreme Court

Govt has no unbridled power to take over private resources: Supreme Court

05 Nov 2024

The Supreme Court has overturned a 1978 verdict and ruled that the power of the central government under Article 39(b) to take over ownership and control of private property for public purposes is limited.

Anglo American to sell 33% stake in Australian coal mines for $1.1 billion

Anglo American to sell 33% stake in Australian coal mines for $1.1 billion

05 Nov 2024

British mining multinational Anglo American has agreed to sell its 33.3 per cent stake in joint venture Jellinbah Group Pty Ltd, to Zashvin Pty Limited for A$1.6 billion ($1.1 billion) in cash.

China's Sinopec signs 15-year LNG term contract with TotalEnergies

China's Sinopec signs 15-year LNG term contract with TotalEnergies

05 Nov 2024

French oil major TotalEnergies on Monday announced the signing of a long-term LNG supply contract with China’s Sinopec, under which Total will supply Sinopec 2 million tonnes

IMF keeps global growth rate at 3.2% for 2024 and 2025

IMF keeps global growth rate at 3.2% for 2024 and 2025

03 Nov 2024

Global economic growth is expected to remain around 3.2 per cent in 2024 and 2025 with some minor uptick in some advanced economies

GST collection up 9% at Rs1.87 lakh crore in October

GST collection up 9% at Rs1.87 lakh crore in October

02 Nov 2024

Gross collection of revenue by way of Goods and Services Tax (GST) in India increased by nearly 9 per cent year-on-year and stood at a 6-month high of Rs1.87 lakh crore in October.

Stock markets start Samvat 2081 with broad gains in Muharat trading

Stock markets start Samvat 2081 with broad gains in Muharat trading

02 Nov 2024

Samvat 2081 started on a high note with stocks gaining across segments in Diwali Muhurat Trading on Friday, adding Rs3.26 lakh crore to market capitalisation of companies.

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