Month: July 2025

Trump tariffs: US–Japan deal finalized; Indonesia holds lessons and warnings for India

July 23, 2025 admin

File picture of U.S. President Donald Trump | Photo Credit: Reuters The announcements by U.S. President Donald Trump and the White House regarding trade deals with Japan and details of the deal with Indonesia on Tuesday (July 22, 2025) will have significant implications and lessons for a potential trade deal with India, according to officials…

Business

Rupee falls 2 paise to 86.40 against U.S. dollar in early trade

July 23, 2025 admin

Image for representation only | Photo Credit: Reuters The rupee depreciated 2 paise to 86.40 against the U.S. dollar in early trade on Wednesday (July 23, 2025), amid outflow of foreign funds and higher crude oil prices. According to forex traders, positive sentiment in domestic equity markets capped a sharp fall in the rupee even…

Business

Markets trade higher in early deals tracking rally in Asian peers

July 23, 2025 admin

A man walks past the Bombay Stock Exchange (BSE) building, in Mumbai. File | Photo Credit: PTI Benchmark indices Sensex and Nifty rallied in early trade on Wednesday tracking a positive trend in Asian markets. Japan securing a trade deal with the U.S. propelled a rally in Asian markets, which in turn added to optimistic…

Business

Trump’s Golden Dome looks for alternatives to Elon Musk’s SpaceX

July 23, 2025 admin

The U.S. Trump administration is expanding its search for partners to build the Golden Dome missile defense system, courting Amazon.com’s Project Kuiper and big defence contractors as tensions with Elon Musk threaten SpaceX’s dominance in the program, according to three sources familiar with the matter. The shift marks a strategic pivot away from reliance on…

Science

Where is the centre of the universe?

July 23, 2025 admin

The Hubble Ultra Deep Field is an image of a small region of space in the constellation Fornax, composited from Hubble Space Telescope data collected from September 3, 2003, to January 16, 2004. | Photo Credit: NASA, ESA A:The universe has no top, bottom or middle and no centre either. Scientists know today that the…

Science

A beetle-fungi combo threatens plantations in rubber capital Kerala

July 23, 2025 admin

Rubber plantations in Kerala have been under threat since a beetle-fungus alliance has been attacking trees, causing severe leaf fall and rapid drying. Researchers at the Kerala Forest Research Institute in Thrissur recently identified the parasite to be the ambrosia beetle (Euplatypus parallelus). In their new study, published in Current Science, the beetle has been…

Science

Corporate tax revenue foregone at ₹99,000 crore in FY24: MoS Finance

July 22, 2025 admin

Union MoS for Finance and BJP MP Pankaj Chaudhary speaks in Lok Sabha during the Monsoon Session of Parliament, in New Delhi | Photo Credit: ANI The government is estimated to have forgone around ₹99,000 crore in revenue in the 2023-24 fiscal on account of tax incentives extended to corporates, Minister of State for Finance…

Business

Stock markets close flat; Eternal jumps nearly 11%

July 22, 2025 admin

Foreign Institutional Investors offloaded equities worth ₹1,681.23 crore on July 21, 2025, while Domestic Institutional Investors bought stocks worth ₹3,578.43 crore, according to exchange data. File | Photo Credit: PTI Benchmark stock indices Sensex and Nifty closed almost unchanged in a volatile trade on Tuesday (July 22, 2025) as gains in quick commerce and private…

Business

Farmer groups to step up campaign against FTA with U.S.

July 21, 2025 admin

Rakesh Tikait, farmer rights activist and leader of Samyukta Kisan Morcha (SKM). | Photo Credit: Murali Kumar K. A general body meeting of the Samyukta Kisan Morcha (SKM) held in New Delhi on Sunday (July 20, 2025) has warned the Union government against going ahead with the proposed trade agreement with the United States. The…

Business

Index of eight core industries grows at three-month high of 1.7% in June

July 21, 2025 admin

The coal sector saw the largest contraction while the steel and cement sectors saw the strongest growth. | Photo Credit: Getty Images/iStockphoto The Index of Eight Core Industries grew at 1.7% in June 2025, as compared to 5% in June last year. The growth in June this year, while a three-month high, is significantly below…

Business