Author: admin

Urgent Measures Needed To Reduce Trade Imbalances With Russia: S Jaishankar

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Mumbai: External Affairs Minister S Jaishankar on Monday called for “urgent” measures to address the issue of widening trade deficit between India and Russia. While India’s exports to Russia stood at only USD 2.24 billion in April-August this fiscal, imports soared to USD 27.35 billion during the period. The trade deficit is aggregated at USD…

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Nation

Rupee may depreciate 8-10% during Trump 2.0, says SBI report

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The rupee may depreciate 8-10% against the U.S.. dollar during the Trump 2.0 regime, said a SBI research report, even as the local currency hit its all-time low on Monday (November 11, 2024). The report, titled U.S. Presidential Election 2024: How Trump 2.0 Impacts India’s and Global Economy, emphasised that the rupee can have a…

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Business

Milind Deora On Worli Battle vs Aaditya Thackeray

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Mumbai: Shinde Sena leader Milind Deora spoke to NDTV Monday – over dosa and some chai, a welcome break from a busy election schedule – about next week’s Maharashtra Assembly poll contest against Aaditya Thackeray of the Thackeray Shiv Sena faction, and underlined his ‘local’ credentials to voters. Mr Deora will contest the Worli seat…

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Nation

Huge Explosion At Indian Oil Refinery Shakes Homes In Gujarat’s Vadodara

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Visuals showed smoke billowing out of the refinery. A fire broke out at the Indian Oil Corporation refinery in Gujarat’s Vadodara today. The blaze started at plant number A-1, A-2 and a boiler around 2 pm. The boiler exploded with a loud sound and the fire spread to the storage tanker as well. A siren…

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Nation

LTTS to acquire California firm Intelliswift for an aggregate consideration of $110 million

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The acquisition was aimed at deepening LTTS’ offerings across Software Product Development, Platform Engineering, Digital Integration, Data and AI, the filing said  L&T Technology Services (LTTS), an engineering and technology services firm, has singed a definitive agreement to acquire Silicon Valley-based IT firm Intelliswift Software Inc. for an aggregate consideration of up to $110 million, as…

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Business

President-elect Donald Trump chooses New York Rep Elise Stefanik as Ambassador to United Nations

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U.S. President-elect Donald Trump chose Rep Elise Stefanik to serve as his Ambassador to the United Nations. | Photo Credit: Reuters President-elect Donald Trump has chosen Rep Elise Stefanik to serve as his ambassador to the United Nations. “Elise is an incredibly strong, tough, and smart America First fighter,” Mr. Trump said in a statement…

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World

Donald Trump Chooses Republican Elise Stefanik As US Ambassador

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Donald Trump has chosen Republican Representative Elise Stefanik to serve as U.S. ambassador to the United Nations, the president-elect said in a statement shared with Reuters on Monday. “I am honoured to nominate Chairwoman Elise Stefanik to serve in my Cabinet as U.S. Ambassador to the United Nations. Elise is an incredibly strong, tough, and…

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World

India to push for accountability, fair financing, green credit at COP29: delegates

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India’s approach at COP29 focuses on accountability, green credit, fair financing, and incremental goals for its developing economy, multiple delegates said on Monday (November 11, 2024) as the latest edition of the world’s most important meeting on climate change kickstarted in Baku. The 29th session of the climate change conference of parties (COP29) is being…

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World