Business

[ad_1] India should widen its collaboration with friendly countries to strengthen its capabilities in rare-earth material development, industry experts said at the CII Conference on Building Resilient Rare Earth Metal (REM) Supply Chains Through Technology Localisation held in Chennai on Friday.According to news agency ANI, R Saravanabhavan, deputy adviser (minerals) at Niti Aayog, said that…

[ad_1] Indian restaurants in New York City, which have recently outshone their London counterparts and become favourites among Wall Street executives, are now facing mounting pressure from higher import costs after US President Donald Trump’s tariff moves.On July 31, Trump doubled tariffs on most Indian exports to 50%, a measure that took effect on August…

[ad_1] Rural India continues to drive the country’s consumption rebound, outpacing urban markets despite recent policy measures aimed at stimulating city-based spending, according to Motilal Oswal Financial Services Ltd. (MOFSL).According to MOFSL’s latest ECOSCOPE report titled “Rural Rules, Urban Follows,” rural consumption rose 7.7 per cent year-on-year in the second quarter of FY26 — the…

[ad_1] Several startups from Singapore and Canada have expressed interest in expanding into India, drawn by its vast consumer base, rapid economic growth, and increasingly supportive startup ecosystem.The companies shared their plans during interactions with PTI on the sidelines of EPIC 2025, a global pitch competition organised by the Hong Kong Science and Technology Parks…

[ad_1] The Tea Board has called on the industry to adopt food safety standards more effectively, saying compliance will be critical for long-term sustainability and competitiveness in both domestic and global markets.Releasing its new Plant Protection Code (PPC), the Board said adherence to food safety norms would not only protect the plantation ecosystem but also…

[ad_1] Pfizer is poised to acquire US-based biotechnology firm Metsera in a $10 billion deal, after winning a heated bidding battle against Danish drugmaker Novo Nordisk, which has now withdrawn from the race, AFP reported.Metsera, which specialises in obesity treatments, said in a statement that Pfizer’s improved offer of $86.25 per share had been unanimously…

[ad_1] Washington’s economy is facing deepening distress as the longest-ever US government shutdown, mass layoffs of federal workers, and cuts to food assistance converge to hit households and small businesses across the capital region, AP reported.The Capital Area Food Bank, which supports more than 400 pantries and aid organisations across the District of Columbia, northern…

[ad_1] Markets regulator Sebi has warned investors against putting money into digital or e-gold products, cautioning that such instruments fall outside its regulatory framework and carry significant risks, PTI reported.The advisory follows Sebi’s observation that several online platforms have been promoting “digital gold” or “e-gold” as a convenient alternative to physical gold, without disclosing that…

[ad_1] India and Australia have reaffirmed their commitment to conclude the second phase of their Comprehensive Economic Cooperation Agreement (CECA) at the earliest, as Commerce and Industry Minister Piyush Goyal held talks with his Australian counterpart Don Farrell to review the progress of negotiations, PTI reported.According to an official statement, both sides agreed to work…