The United Kingdom's biggest aircraft carrier, HMS Prince of Wales, has broken down off the south coast of England after setting sail from Portsmouth Naval Base for the United States on what the Royal Navy has described as a 'landmark' aviation trial mission.
Richard Verma, the highest-ranking Indian-American official in the State Department, has expressed optimism about the future of US-India ties and emphasized the need to base the relationship on shared values rather than mere transactional dealings. Verma, who previously served as America's Ambassador to India, stressed the importance of the Quad in defending the international order, highlighting its shared commitment to a free and open Indo-Pacific.
Forest and tribal rights activist Alok Shukla will on Friday receive the prestigious Goldman Environmental Prize -- 2024 for successfully leading a community campaign that saved 4.45 lakh acres of biodiversity-rich forests from 21 planned coal mines in Chhattisgarh.
UPL, the country's largest agrochemical company, had a weak July-September quarter (Q2), reporting a sharp fall in revenues across geographies. Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking. While the overall volumes were down 7 per cent, prices fell by 15 per cent. Volume decline in the European market was on the back of high channel inventory and product bans while in India the fall by 27 per cent was on account of muted demand for segments such as cotton and pulses.
United States President Donald Trump on Wednesday targeted Ukrainian President Volodymyr Zelenskyy over the ongoing war in Ukraine and said that the United States has spent $200 billion more than Europe, while Europe's financial contributions are 'guaranteed' and the US gets no return.
"This is a sad and tragic day for the city of Raleigh," city Mayor Mary-Ann Baldwin said.
This year's US Open runs from Aug. 28-Sept. 10.
Kyiv School of Economics President Tymofiy Mylovanov shared a video of Zelenskyy responding to a question from BBC News in Ukrainian. Zelenskyy stated that he is focused on Ukraine's security today and not staying in power for decades.
'By his words, actions, and body language during their joint press appearance wanted to convey his personal respect and, more broadly, his desire to work closely with India.'
On Monday, April 8, 2024, millions across parts of Mexico, Canada and the United States watched the rare total solar eclipse.
Shares of auto component major, Samvardhana Motherson International, has gained 11.5 per cent on the bourses after the company approved the qualified institutions placement (QIP) issue and announced the calculation methodology for its compulsorily convertible debentures, or CCDs, into equity shares. Analysts cite strong investor response to the issue that has kept the sentiment positive for the stock. Brokerages, however, have a mixed view on the outlook for the auto parts supplier.
Opposition MPs in India's Rajya Sabha raised concerns about US President Donald Trump's tariff threats, demanding the government clarify its response and engage in discussions with opposition parties. Leaders like P Chidambaram and Sagarika Ghose warned of potential economic repercussions, including depressed exports, lower FDI, and a significant tariff burden. The debate also touched on other issues such as the government's economic policies, demonetization, and the impact of GST on common citizens.
Argentine great Lionel Messi has completed his signing for Inter Miami on a deal that will keep him in Florida until 2025.
Former US President Donald Trump addressed his supporters on Wednesday, thanking them for giving Republicans an unprecedented and powerful mandate, and said this moment will help the country "heal".
'When the girls said they want to play football, the mothers were encouraging.' 'It was the fathers who were against the idea.'
US President Joe Biden greeted his successor Donald Trump at the White House with the message "welcome home" as Trump's motorcade arrived at the official presidential residence. Biden and Trump then went inside the White House for their traditional tea. Trump, 78, will be sworn in as the 47th president of the United States, succeeding Biden, 82. The ceremony has been moved inside the Rotunda from outside the Capitol Hill facing the majestic National Mall.
Donald Trump's exaggerated opinion of his dealmaking capacity can get him into trouble, observes R Sriram.
'Our business continues to roll out its strategy, the role of this GDTC continues to grow.'
Engineering and construction major Larsen & Toubro (L&T) reported a 25 per cent rise in net profit attributable to the owners of the company for the January-March quarter of 2024-25, owing to higher revenues and an exceptional gain. For the quarter under review, L&T posted a consolidated net profit of Rs 5,497.3 crore, while revenue rose 10.9 per cent year-on-year (Y-o-Y) to Rs 74,392.28 crore.
Nasdaq-listed Cognizant Technology Solutions has signed a definitive agreement to acquire global engineering company Belcan for about $1.3 billion (Rs 10,853.7 crore) in cash and stock. The transaction is expected to close in the September quarter. The total consideration includes $1.19 billion (Rs 9,935.31 crore) in cash and 1.47 million Cognizant shares, valued at $97 million (Rs 809.53 crore) based on the information technology services provider's closing share price on June 7, 2024.
All We Imagine as Light has been on several critics' best of the year lists, including Sight and Sound (Payal Kapadia appeared on the magazine's cover, perhaps a first for an Indian filmmaker), to The New York Times, Time and it is the number one film recommended by Barack Obama. The future certainly belongs to Payal Kapadia, asserts Aseem Chhabra.
72 per cent of the revenue of Indian firms (India Inc) is derived from the domestic / home market - the sixth highest in percentage terms in the emerging market (EM) and the Asian region, said a recent report by Morgan Stanley. The balance, according to the report titled 'Global Exposure Guide 2021' co-authored by analysts led by Jonathan F Garner, their chief Asia and emerging market strategist, is split between the developed markets (DMs) and other EMs. The report is based on an analysis of 3,300 companies globally that have revenue exposure in 17 different regions.
India's manufacturing sector growth fell to 18-month low in December amid softer increase in factory orders and output, despite minimal inflation, a monthly survey said on Wednesday. The HSBC India Manufacturing PMI survey, conducted by S&P Global, showed that there were softer, albeit sharp, increase in factory orders and output, while business confidence towards the year-ahead outlook strengthened. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December.
Lionel Messi is set to play his first game for Inter Miami on July 21 when the Major League Soccer side host Mexico's Cruz Azul in their Leagues Cup opener.
Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.
Industries such as aviation and hospitality have many silos within them and Aionos, the joint venture between Interglobe Enterprises (IGE) and Assago Group, is an attempt to bridge them and boost efficiencies using artificial intelligence (AI) solutions, Rahul Bhatia told Business Standard on Tuesday. Bhatia, the Group Managing Director of IGE, serves as the majority shareholder in India's largest airline, IndiGo. Additionally, IGE operates 21 hotels under the Ibis brand and runs a logistics company called Movin.
The country's largest software company Tata Consultancy Services (TCS) on Wednesday said its net profit increased 8.7 per cent year-on-year to Rs 11,342 crore in the September 2023 quarter. The Tata Group flagship had reported a net profit of Rs 10,431 crore in the year-ago period.
'Just look at China: They have five or six major airlines and some smaller ones.'
The impact of the banking crisis in the US was visible in IT bellwether Tata Consultancy Services' (TCS) weak performance in the March quarter of fiscal 2023 (Q4FY23). The firm witnessed slower revenue growth in Q4FY23 and failed to meet its FY23 exit Ebit margin of 25 per cent as some clients, especially in the North American region, took to pausing projects and rising onsite costs offset utilisation gains. Sequentially, the company's revenue grew by just 0.6 per cent on a constant currency basis, which was one of the slowest paces in over 11 quarters.
North America is experiencing its harshest cold snap in 24 years, so cold in fact that Niagara Falls has frozen over. Photos of the falls on the American and Canadian sides have become a world attraction in recent days as wind chills there fell to as low as minus 14 degrees, according to the National Weather Service. A quick look at the amazing pictures.
As many as 86 per cent of senior business executives have deployed artificial intelligence (AI) to enhance revenue streams or create new ones, said a report by Tata Consultancy Services (TCS) on Wednesday. As many as 69 per cent of businesses are more focused on using AI for innovation and increasing revenue than on improving productivity and optimising cost, said the 'TCS AI for Business Study'.
Glimpses of Democratic presidential nominee Kamala Devi Harris at her final campaign rally at Muhlenberg College in Allentown, Pennsylvania, November 4, 2024.
Trump looks like he will be America's next president while yet again the country seems to have rejected a woman candidate...
India has secured approval of the United States Department of Agriculture (USDA) for the export of domestic mangoes to America in the new season, the commerce ministry said on Tuesday. The export of Indian mangoes has been restricted by the US since 2020 as the USDA inspectors were unable to visit India for inspection of irradiation facilities due to restrictions imposed on international travel because of the COVID-19 pandemic. On November 23, 2021, the Department of Agriculture and Farmers Welfare and the USDA signed a framework agreement for implementing the "2 Vs 2" agri-market access issues.
The missile was launched at 23:41 North Korea time from Jagang province in the north of the country, South Korean news agency Yonhap reported.
Former Research and Analysis Wing (RAW) chief A S Dulat Tuesday said Canada expelling an Indian diplomat after claiming that New Delhi was potentially linked to the killing of a Khalistani extremist will have a bearing on bilateral relations.
Love Aaj Kal stormed the desi box office in North America and the United Kingdom, grossing over $2 million last weekend and became the first Bollywood superhit of the year.
The appointment of Misri, a 1989-batch Indian Foreign Service officer, came after he served as the Indian ambassador to China for nearly three years.
Back home, the Nifty IT index - a gauge of the performance of the IT stocks on the National Stock Exchange (NSE) that has closely mirrored the performance of NASDAQ over the past few years - has lost nearly 2 per cent in CY23.
IT major Infosys Ltd on Thursday reported a 7 per cent rise in first quarter net profit and raised its growth outlook for the current financial year. The consolidated net profit of Infosys increased to Rs 6,368 crore in the April-June quarter, compared to Rs 5,945 crore in the same period a year back, according to a stock exchange filing by the company.
