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Asia shares at five-month highs as rate bets pile up

Asia shares at five-month highs as rate bets pile up

Thu, Dec 28, 2023

MSCI's broadest index of Asia-Pacific shares outside Japan has also gained 10 per cent in two months and added another 0.3 per cent on Thursday to its highest since August.

Toyota recalling 1.12 million vehicles over potential air bag issue

Toyota recalling 1.12 million vehicles over potential air bag issue

Thu, Dec 21, 2023

Toyota in July 2022 issued a recall for 3,500 RAV4 vehicles in the United states that because of potential interference between internal parts that could cause the OCS sensor to incorrectly detect the occupant.

Giant batteries drain economics of gas power plants

Giant batteries drain economics of gas power plants

Tue, Nov 21, 2023

Banks are focused on financing plants that have guaranteed revenues, three bankers involved in energy project finance said, asking not to be named because they were not authorised to speak to the press.

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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.

US lawmakers introduce legislation seeking strengthening of US-India partnership

US lawmakers introduce legislation seeking strengthening of US-India partnership

Fri, Apr 12, 2019

The bill H R 2123 was introduced this week by Congressman Joe Wilson, a senior member of the House Foreign Affairs Committee.

Techies Alert! US reaches H-1B visa cap for 2020

Techies Alert! US reaches H-1B visa cap for 2020

Sat, Apr 06, 2019

The USCIS received 232,972 H-1B cap-subject petitions in 2016 and in 2015, it received 172,581 cap-subjected petitions.

Indo-US trade: Commerce ministry proposes delaying retaliatory tariffs on US goods

Indo-US trade: Commerce ministry proposes delaying retaliatory tariffs on US goods

Fri, Mar 29, 2019

India has asked the U.S. administration to review its decision, two government officials with close knowledge of the matter said.

US Federal Reserve done raising interest rates; significant chance of cut in 2020: Reuters poll

US Federal Reserve done raising interest rates; significant chance of cut in 2020: Reuters poll

Fri, Mar 29, 2019

The change in the Fed`s tone lines up with other major central banks which have recently turned dovish, influenced by increasing concerns of a global economic slowdown and political uncertainties like Brexit and the U.S.-China trade war.

US to offer India alternative to Russian S-400 missile defence system

US to offer India alternative to Russian S-400 missile defence system

Thu, Mar 28, 2019

India's Defence Minister Nirmala Sitharaman and External Affairs Minister Sushma Swaraj and Secretary of State Mike Pompeo and then-Defence Secretary James Mattis of the US met in New Delhi for the first 2+2 meeting to enhance strategic cooperation between their countries. COMCASA was signed at the meeting.

India successfully tests anti-satellite weapon A-SAT, becomes elite space power: PM Modi

India successfully tests anti-satellite weapon A-SAT, becomes elite space power: PM Modi

Wed, Mar 27, 2019

Prime Minister Narendra Modi in his address to the nation on Wednesday said that India has attained anti-satellite capability, becoming the fourth such country in the world. He said that the mission was completed within 3 minutes and destroyed a low-earth orbiting satellite some 300 km away in the sky.

US Federal Reserve leaves interest rates unchanged

US Federal Reserve leaves interest rates unchanged

Fri, Mar 22, 2019

The FOMC, the Fed's monetary policymaking body, continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 per cent objective as the most likely outcomes, said the statement.

Boeing to upgrade stall prevention on 737 MAX: sources

Boeing to upgrade stall prevention on 737 MAX: sources

Fri, Mar 15, 2019

The aerospace giant held a conference call on Thursday with at least three carriers using the 737 MAX and gave them the fix, one source said, and the other airlines will get it early next week. Contacted by AFP, Boeing declined to comment.

Oil prices rise amid OPEC supply cuts, US sanctions on Iran and Venezuela

Oil prices rise amid OPEC supply cuts, US sanctions on Iran and Venezuela

Wed, Mar 13, 2019

Markets have been further tightened by the implementation of U.S. sanctions against oil exports from OPEC-members Iran and Venezuela.

India rejects US claims on import duties, says tariffs within global trade norms of WTO

India rejects US claims on import duties, says tariffs within global trade norms of WTO

Tue, Mar 05, 2019

Duties which are imposed on imported goods are called applied rates and the extent to which a country can increase those duties are known as bound rates.

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