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India-US relations will be on a very firm footing with Trump's victory: Jyotiraditya Scindia

India-US relations will be on a very firm footing with Trump's victory: Jyotiraditya Scindia

Wed, Nov 06, 2024

India and US relationship will be on "a very firm footing" with Donald Trump returning to the White House, as the cooperation between the two nations extends from environment to technology, space and defence, Union Minister Jyotiraditya Scindia said Wednesday.

China's exports grow 7% in July, less than forecasts, while imports pick up pace

China's exports grow 7% in July, less than forecasts, while imports pick up pace

Wed, Aug 07, 2024

Imports climbed 7.2% to $215.9 billion, picking up momentum on stronger trade with other Asian countries that now supply many industrial components, materials and consumer products to China. Exports to the United States rose 2.4% year-on-year while shipments to Southeast Asian countries, now Beijing's biggest trading partner overall, jumped 11%.

Shortages key to copper's upward price trajectory to new peaks

Shortages key to copper's upward price trajectory to new peaks

Tue, Apr 23, 2024

A pick-up in manufacturing activity, particularly in top consumer China where surveys of purchasing managers have started to show expansion has also contributed to enthusiasm for copper which this week hit a two-year peak at $9,988 a ton for a gain of 25 per cent since early October.

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Cracks found on 38 of 810 Boeing 737 NG jets inspected globally

Cracks found on 38 of 810 Boeing 737 NG jets inspected globally

Fri, Oct 11, 2019

Boeing Co said on Thursday that airlines had inspected 810 of the company`s 737 NG jets around the world and found 38 structural cracks requiring repair and replacement of the affected parts.

US to remove country cap on Green Cards: How H-1B visa holding Indians might benefit

US to remove country cap on Green Cards: How H-1B visa holding Indians might benefit

Thu, Jul 11, 2019

The United States lawmakers on Wednesday passed a bill which lifts the existing seven per cent country-cap on issuing Green Cards. Passed by the US House of Representatives, if the bill is signed into a law, it would benefit the talented professionals from other countries who have applied for permanent residency in the United States by reducing their waiting period.

US-Iran tension: Oil prices dip on signs of slowing American demand, economic concerns

US-Iran tension: Oil prices dip on signs of slowing American demand, economic concerns

Thu, Jul 04, 2019

US inventories fell less than expected as U.S. refineries last week consumed less crude than the week before and processed 2% less oil than a year ago, the EIA data showed, despite being in the midst of the summer gasoline demand season.

US sanctions on Iran: Dollar drops amid bets on Fed rate cuts, geopolitical tensions

US sanctions on Iran: Dollar drops amid bets on Fed rate cuts, geopolitical tensions

Tue, Jun 25, 2019

The US President claimed Monday`s move came after "a series of aggressive behaviours by the Iranian regime in recent weeks," including the shooting down of a US drone.

Budget 2019: Lower global rates - An opportunity for the Indian economy

Budget 2019: Lower global rates - An opportunity for the Indian economy

Sat, Jun 22, 2019

The ten-year United States (US) Treasury yield dipped below two per cent recently. The Indian market participants must view this move as an opportunity to improve and strengthen the investment markets in India.

GSP withdrawal by US: Piyush Goyal says it won't have major impact on India

GSP withdrawal by US: Piyush Goyal says it won't have major impact on India

Fri, Jun 21, 2019

Piyush Goyal said, "Government of India continues to engage with the US on trade but certainly at no point of time will any such engagement be at the cost of India`s sovereignty."

Gold off 14-month peak on firmer dollar, focus on Fed meeting

Gold off 14-month peak on firmer dollar, focus on Fed meeting

Mon, Jun 17, 2019

Gold prices steadied on Monday after retreating from a 14-month peak in the previous session, as the dollar strengthened on back of strong U.S. retail sales report, while investors await U.S. Federal Reserve meeting this week.

Post-election, US hopes Modi will have freer hand to pursue tough economic reforms By Lalit K Jha

Post-election, US hopes Modi will have freer hand to pursue tough economic reforms By Lalit K Jha

Sat, Jun 08, 2019

"The United States is hopeful that, with the election over, Prime Minister Modi will have a freer hand to pursue some of the tough economic reforms that will help create a more business-friendly environment and encourage new foreign investment," the official said.

Barack, Michelle Obama sign podcast deal with Spotify

Barack, Michelle Obama sign podcast deal with Spotify

Fri, Jun 07, 2019

Former US president Barack Obama and his wife Michelle Obama are the latest to get into the podcast business. They recently signed a deal with Spotify to produce a series of podcast. It is being reported that the Obamas are set to develop, produce and even lend their voice to a few of the podcasts based on a wide range of topics. The agreement has been signed with Higher Ground Audio, a new division of the Higher Ground production company that is covering the couple's move into the podcast game. Spotify will distribute the podcasts worldwide to its paid and ad-supported user base. President Obama stated that they have ‘always believed in the value of entertainment & thought-provoking conversation’. The companies, however, didn't reveal any further details on the upcoming projects that the Obamas may be planning for Spotify, including whether the podcasts will have a political focus. Apart from this, the couple also has a multiyear deal with Netflix to produce original scripted, unscripted and documentary series and films.

Want US visa? Now, you may have to provide social media account details

Want US visa? Now, you may have to provide social media account details

Sun, Jun 02, 2019

Apart from social media history, visa applicants are now been asked for five years of previously used telephone numbers, email addresses, international travel and deportation status. additionally, they are been asked that any of their family members have been involved in terrorist activities.

US preferential trade status: India says will continue to work towards strong bilateral ties

US preferential trade status: India says will continue to work towards strong bilateral ties

Sun, Jun 02, 2019

The ministry said that India, as part of its bilateral discussions with US officials, had offered resolution on significant US requests in an effort to find a mutually acceptable way forward.

US welcomes PM Modi's post-election statement on inclusivity

US welcomes PM Modi's post-election statement on inclusivity

Fri, May 31, 2019

"While much of the election campaign focused on questions of national security, voters also are looking to Modi to accelerate economic growth and deepen progress on development issues," the daily wrote.

China charges US of 'naked economic terrorism'; threatens to stop export of rare-earth metals

China charges US of 'naked economic terrorism'; threatens to stop export of rare-earth metals

Thu, May 30, 2019

Both the US and China have already imposed tariffs on billions of dollars of export products sparking fears that the conflict between them could damage the global economy.

GES 2019: Netherlands embassy and US co-host pitching workshop for Indian entrepreneurs

GES 2019: Netherlands embassy and US co-host pitching workshop for Indian entrepreneurs

Wed, May 29, 2019

Netherlands embassy along with US co-hosted a pitching workshop for Indian entrepreneurs in Delhi. The aim was to prepare them to participate in the Global Entrepreneurship Summit (GES) 2019 in Netherlands’ Hague. The GES 2019 will help entrepreneurs with unmatched opportunities to engage with 300+ investors. The event will see 2,000 industry-leading participants from over 120 countries in Hague, from June 3 to June 5. While speaking to ANI, Dutch Ambassador to India Marten Van Den Berg spoke on India-Netherlands relationship and collaboration. He said, “We are very happy that India has invited to be part of the summit. It’s also a good elaboration for intense corporation within India and Dutch.”

E-commerce policy, data localisation figure in Indo-US trade meet; GSP not discussed

E-commerce policy, data localisation figure in Indo-US trade meet; GSP not discussed

Mon, May 06, 2019

The issue assumes significance amid apprehensions that the draft e-commerce policy favours domestic players and does not provide level-playing field for US firms such as Amazon and Walmart.

Tesla e-mail warns employees against leaking trade secrets

Tesla e-mail warns employees against leaking trade secrets

Mon, May 06, 2019

Tesla is very serious about its data and the level of seriousness is evident from the company's latest e-mail to its employees, warning against leaking confidential information. The e-mail, shared with CNBC, warns that outsiders who will do anything to see Tesla mail are targeting employees for information through social media and other methods. It reminds employees about their confidentiality agreements and warns them that leaking propriety business information will result in action against them, including termination of employment, claims for damages, and even criminal charges.

India to get extra oil from major producers to make up for Iran oil loss: Dharmendra Pradhan

India to get extra oil from major producers to make up for Iran oil loss: Dharmendra Pradhan

Tue, Apr 23, 2019

Dharmendra Pradhan said India has put in place a robust plan for adequate supply of crude oil to refineries.

US to announce end to sanctions waivers for Iran oil imports: source

US to announce end to sanctions waivers for Iran oil imports: source

Mon, Apr 22, 2019

The United States is expected to announce on Monday that all importers of Iranian oil will have to end their imports shortly or be subject to U.S. sanctions, a source familiar with the situation told Reuters.

US airports to use facial recognition to scan 97% passengers in next four years

US airports to use facial recognition to scan 97% passengers in next four years

Fri, Apr 19, 2019

The US Department of Homeland Security expects to use facial recognition technology to scan 97% of passengers at airports in the next four years. The method involves photographing of passengers before they board the flight and cross-referencing it against a library of images from visa and passport applications, and those taken by border agents, reported The Verge. The technology is used to keep track of those who have overstayed their visas. However, it is being criticised for hampering citizens’ privacy. The system was already operational at 15 US airports by the end of 2018.

Brent oil hits 2019 high above $72 on China growth, lower US inventories

Brent oil hits 2019 high above $72 on China growth, lower US inventories

Wed, Apr 17, 2019

Global supply has been tightened further by U.S. sanctions on OPEC members Venezuela and Iran.

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