NEWS

Donald Trump to slap 25% tax on all imports of steel and aluminium into US
11 Feb 2025
US President Donald Trump on Sunday said he will approve 25 per cent tariffs on all steel and aluminium imported into the United States

Japanese PM Ishiba, Trump concur on keeping US Steel American
09 Feb 2025
Japanese Prime Minister Shigeru Ishiba and US President Donald Trump have agreed that US Steel Corporation will remain American

Trump, Zelenskyy mull arms for minerals deal: report
09 Feb 2025
Ukraine’s President Volodymyr Zelenskyy is reported to be open for a deal with US President Donald Trump that would allow the United States to exploit rare minerals in Ukraine

Renault looks to Foxconn, other tech groups to offload Nissan stake
08 Feb 2025
French carmaker Renault is reported to be in talks with Taiwan’s Foxconn to sell its stake in Nissan as part of a wider search for a buyer

RBI lets 30 countries open vostro accounts with Indian banks for rupee trade
08 Feb 2025
Reserve Bank of India (RBI) has permitted correspondent banks from 30 countries to open Special Rupee Vostro Accounts (SRVAs) with banks in India

Infosys denies forced layoffs at its Mysuru campus
08 Feb 2025
Infosys on Friday said it has terminated over 300 trainees at its Mysuru campus, and not 400 as reported in the media

RBI cuts repo rate by 25 bps to 6.25% as economy slows
07 Feb 2025
Reserve Bank of India (RBI) on Thursday announced a 0.25 basis point reduction in its policy repo rate, effective immediately, in a bid to pump liquidity into a slowing economy.

Honeywell to split into 3, spin off automation and aerospace businesses
07 Feb 2025
Honeywell on Thursday announced the completion of a comprehensive portfolio review, which would lead to the hiving off of its automation and aerospace businesses.

Nissan says merger talks with Honda on, rejects reports of pullout
06 Feb 2025
Japanese automaker Nissan on Wednesday said it is continuing to hold “various discussions” with larger peer Honda, rejecting reports that the company

India investing Rs20,000 cr for building small modular nuclear power reactors
05 Feb 2025
India will invest Rs20,000 crore for design and development of at least five Small Modular Reactors (SMRs) that will be operational by 2033

ABB and Sage Geosystems partner for developing geothermal power system for Meta
05 Feb 2025
ABB and Sage Geosystems are partnering to develop Geopressured Geothermal Systems that can generate up to 150 MW of geothermal baseload power for Meta

India now exports fruits and vegetables to 123 countries
05 Feb 2025
Thanks to the Agricultural and Processed Food Products Export Development Authority’s (APEDA) support schemes, India’s exports of fruits and vegetables
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