Commerce Minister Piyush Goyal has pledged government support to Indian exporters facing high US tariffs, emphasizing a commitment to safeguarding their interests amidst global trade shifts. He urged exporters to enhance product quality, diversify supply chains, and explore new markets.
Los Angeles Clippers are facing allegations of secretly paying Kawhi Leonard. The NBA has launched an investigation into the matter. It involves a $28 million endorsement deal with a bankrupt company. The Clippers deny any wrongdoing and welcome the investigation. Team owner Steve Ballmer’s investment in the company is also under scrutiny.
India’s services sector experienced a significant surge in August, reaching a 15-year high driven by robust new orders and output. Export growth soared, boosting business confidence to a five-month peak. Efficiency gains and strong demand contributed to the expansion, with a substantial majority of service providers reporting growth.
Faheem Ashraf cleverly addressed Babar Azam and Mohammad Rizwan’s absence after Pakistan’s loss to Afghanistan in the tri-series. He emphasized the team’s focus on winning, even amidst missing key players. Both Babar and Rizwan were excluded due to recent poor T20I performances, while Pakistan prepares to face UAE in their next match.
A recent report highlights a growing crisis in American classrooms, with 70% of high school students believing AI will replace their learned skills. This skepticism, coupled with smartphone distractions and the rise of AI in assignments, challenges the relevance of traditional education. Schools are grappling with policy gaps and uneven responses as they navigate the…
Fujifilm Electronic Materials is considering establishing a factory in India, encouraged by the nation’s growing semiconductor ecosystem and skilled workforce. The company is exploring various investment options, including direct production, licensed production with Indian firms, and joint ventures with semiconductor manufacturers. Fujifilm recognizes India’s potential as both a talent hub and a significant market for…
A powerful explosion rocked Solar Group’s explosives factory near Nagpur late Wednesday, causing injuries to five workers, with three reported in critical condition. The blast, which occurred at the Bazargaon facility, heavily damaged the unit. This is the second incident in two years, following a fatal explosion in December 2023 that killed nine.
Despite a strong opening, ‘War 2’, starring Hrithik Roshan, Jr NTR, and Kiara Advani, faced a significant box office slowdown after its first week, collecting Rs 235.85 crore in three weeks. The film struggled against Rajinikanth’s ‘Coolie’ and the release of ‘Param Sundari’, impacting its earnings and making it difficult to reach the Rs 250…
Citigroup has appointed Kaustubh Kulkarni, previously JP Morgan’s India chief, as co-head of investment banking coverage for key Asian and Australian regions. Kulkarni, a veteran with three decades at JP Morgan, will be based in Singapore. This strategic hire signals Citi’s ambition to intensify its competition within Asia’s dynamic capital markets landscape.
Jane Street Group has appealed to India’s Securities Appellate Tribunal, challenging Sebi’s denial of access to key documents related to market manipulation accusations. The firm seeks “full and free” inspection of materials and a stay on regulatory action until the appeal is resolved. This dispute could significantly impact how global quantitative firms operate in India.
