[ad_1] Rice prices in India have jumped by up to 14% in just two days as traders rush to export to Bangladesh following its decision to allow duty-free import of 500,000 tonnes of the staple. The move has caused a temporary disruption in domestic supply, pushing up retail prices across key varieties, reported ET.According to…
[ad_1] Infosys is enabling clients to reduce manpower requirements by between 5% and 35% through the use of its hybrid artificial intelligence framework, known as poly-AI, according to a senior company official. Speaking to ET, Balakrishna DR, executive vice-president and global services head for AI and industry verticals, said the savings depend on the process,…
[ad_1] PM Modi urges self-reliance in critical minerals & fertilisers India is pushing ahead with plans to achieve self-sufficiency in critical minerals, with exploration already underway at over 1,200 sites, Prime Minister Narendra Modi said during his Independence Day address. Speaking from the Red Fort on the nation’s 79th Independence Day, he noted that the…
[ad_1] The government is set to expand the proposed Maritime Development Fund (MDF) to Rs 70,000 crore, 2.8 times the allocation announced in the February Budget, to accelerate growth in shipbuilding, ship repair, port-linked infrastructure and shipping tonnage, ET reported, citing multiple sources. The Expenditure Finance Committee (EFC), led by the finance ministry’s expenditure secretary,…
[ad_1] Prime Minister Narendra Modi’s announcement of GST 2.0, with rate cuts to be rolled out by Diwali, is a timely and strategic step to strengthen the Indian economy, according to tax experts.From the Red Fort on Independence Day, Modi said GST rates will be lowered on everyday-use goods as part of reforms to the…
[ad_1] AI image India is facing a difficult strategic choice after the US imposed a steep 50% country-specific tariff on most Indian goods, on top of existing duties, according to the Global Trade Research Initiative (GTRI).Founder Ajay Srivastava was quoted by news agency PTI as saying that the options range from negotiating or retaliating to…
[ad_1] Shoppers in the US kept up a healthy pace of spending in July, particularly at auto dealerships, even as President Donald Trump’s tariffs began taking a toll on jobs and pushed some prices higher.Retail sales rose 0.5% last month, slowing from a revised 0.9% in June, according to the Commerce Department’s report released Friday….
[ad_1] US stocks hovered near record highs on Friday as Wall Street moved towards closing another winning week, buoyed by hopes that the Federal Reserve will cut interest rates in September.The S&P 500 was virtually unchanged in early trade, a day after notching a fresh all-time high, and was on track for its fourth winning…
[ad_1] US President Donald Trump is loading another tariff bullet, this time aimed at semiconductor chips and steel.The move, expected to be announced in the coming weaks, could shake the already rattled global trade.“I’ll be setting tariffs next week and the week after on steel and on, I would say, chips,” Trump told reporters aboard…
[ad_1] When Oakland resident Terrence Dwyer got a flyer advertising a solar system small enough to fit on his deck — and that plugs into a regular wall socket — he didn’t hesitate. “Absolutely, let’s do this right away,” he said.Such “plug-in” or “balcony” solar kits, long popular in Europe for their affordability and easy…