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The timing of the U.K. sanctions is significant, coming days after U.K. Prime Minister Keir Starmer led a large trade delegation to Mumbai and U.K.-India relations appeared to touch a new high. (picture for representational purposes only) | Photo Credit: YORUK ISIK The British government has sanctioned the Vadinar (Jamnagar) oil refinery owned by Nayara…
Commerce Secretary Rajesh Agrawal holds a bilateral meeting with U.S. Ambassador-designate to India Sergio Gor, in New Delhi on October 13, 2025. Photo: X/@USAmbIndia via ANI A team from India is currently in the U.S. to discuss issues relating to tariffs, according to Commerce Secretary Rajesh Agrawal. However, due to the ongoing shutdown in the…
U.S. Treasury Secretary Scott Bessent looks on during a press conference with U.S. Trade Representative Jamieson Greer on the sidelines of the IMF/World Bank annual meetings in Washington, D.C., U.S., on October 15, 2025. | Photo Credit: Reuters The U.S. deficit-to-gross domestic product ratio has room to come down to the 3% range, Treasury Secretary…
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Representational image only. File | Photo Credit: Reuters Tata Steel on Wednesday (October 15, 2025) announced that it would deploy female employees across all three shifts at the company’s Jamshedpur plant. “An estimated 543 female employees across 21 departments will work in three shifts by February 1, 2026, and the deployment will be made in…
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Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto Benchmark Sensex spurted by 575 points while Nifty closed above 25,300 on Wednesday (October 15, 2025) on buying in banking and financial shares, driven by a rally in Asian and European markets amid hopes of a rate cut by the U.S. Federal Reserve later this…
Read More “Sensex jumps 575 points, Nifty ends above 25,300 after rally in Asian peers” »
Image used for representational purposes. | Photo Credit: Getty Images/iStockphoto The rupee bounced back sharply by 75 paise to close at 88.06 (provisional) against the U.S. dollar on Wednesday (October 15, 2025), posting its biggest intraday gain in nearly four months, due to likely intervention by the RBI and a surge in the domestic markets….
Read More “Rupee recovers 75 paise from all-time low to close at 88.06 against U.S. dollar” »
Image used for representational purposes. | Photo Credit: Reuters India’s exports grew by 6.74% to $36.38 billion in September despite global headwinds. Imports jumped 16.6% to $68.53 billion. The country’s trade deficit stood at $32.1 billion during the month. Imports surged due to the increase in imports of gold, silver, fertiliser and…
Read More “India’s exports rise 6.74% to $36.38 billion in September” »
Attacking the Modi government over the change in Employees’ Provident Fund Organisation (EPFO) rules, the opposition on Wednesday (October 15, 2025) alleged that salaried people are being punished for the Modi government’s “mishandling of the economy” and urged Labour and Employment Minister Mansukh Mandaviya to scrap the “draconian” provisions. The opposition hit out at the…
“With this partnership, we are also extending the footprint of our availability zones in India from four to ten, hosting these on our own next-gen sustainable data centres,” Airtel MD Gopal Vittal said. | Photo Credit: Reuters IBM is partnering with Bharti Airtel Ltd to “augment” the telco’s recently launched cloud offering, the U.S. tech…
Read More “Airtel partners with IBM to add AI capabilities to cloud product” »
