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Oil prices little changed ahead of Fed rate decision  Oil prices traded in a narrow range early on Wednesday as investors remained cautious ahead of an expected interest rate cut by the U.S. Federal Reserve. Brent futures inched up 12 cents, or 0.16%, to $73.31 a barrel by 0134 GMT, while U.S. West Texas Intermediate crude rose 11 cents, or 0.16%, to $70.19 a barrel. The Fed on Wednesday is widely expected to cut interest rates for the third time since its policy easing cycle began. More important for the oil market will be any co...
Oil prices little changed ahead of Fed rate decision
Oil prices little changed ahead of Fed rate decision
Source: Reuters
2024-12-18 09:04:22 am
Oil eases from highest in weeks, investors eye Fed rate cuts  Oil futures eased from their highest levels in weeks as investors awaited a meeting of the Federal Reserve later this week for indication of further rate cuts. Falls were limited however by concerns of supply disruptions in the event of more U.S. sanctions on major suppliers Russia and Iran. Brent crude futures fell 21 cents, or 0.3%, to $74.28 a barrel by 0110 GMT after settling at their highest level since Nov. 22 on Friday. U.S. West Texas Intermediate crude dropped 30 cents...
Oil eases from highest in weeks, investors eye Fed rate cuts
Oil eases from highest in weeks, investors eye Fed rate cuts
Source: Reuters
2024-12-16 09:18:39 am
Economic and digital corridors to maritime connectivity, India and Italy building vision for future, says Italian Ambassador  India and Italy continue to work towards enhancing collaboration in maritime and land infrastructure in the framework of the India-Middle East-Europe Economic Corridor (IMEEC) besides also concluding an agreement on cooperation in the maritime and port sector. Speaking exclusively to IANS, Italian Ambassador to India Antonio Bartoli hoped that the work on the "game-changer" IMEEC project would continue despite the current geopolitical crisis in the eastern Mediterranean reg...
Economic and digital corridors to maritime connectivity, India and Italy building vision for future, says Italian Ambassador
Economic and digital corridors to maritime connectivity, India and Italy building vision for future, says Italian Ambassador
Source: IANS
2024-12-14 09:29:06 am
Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister The government has invested more than Rs 6,000 crore in the past decade for the revival of inland waterways as a viable alternative of cargo movement as well as improving passenger connectivity, it was informed on Friday.  Union Minister of Ports, Shipping and Waterways, Sarbananda Sonowal, said during a Parliament session that the sector saw a mere investment of Rs 1,620 crore in the previous 28 years, since the inception of the Inland Waterways Authority of India (IWAI) in the year ...
Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister
Invested over Rs 6,000 crore for revival of inland waterways in 10 years: Minister
Source: IANS
2024-12-14 09:06:30 am
Korean Air completes Asiana takeover, integrating it as subsidiary Korean Air, South Korea's biggest airline, has successfully integrated local rival Asiana Airlines as a subsidiary, wrapping up a years-long acquisition process, the company said on Thursday.  Korean Air spent 1.5 trillion won ($1.04 billion) to acquire 131.57 million new shares issued by Asiana to take over the country's second-largest full-service carrier in the 1.8 trillion-won merger deal. The acquired Asiana shares account for 63.88 percent of the total, Korean Air sai...
Korean Air completes Asiana takeover, integrating it as subsidiary
Korean Air completes Asiana takeover, integrating it as subsidiary
Source: IANS
2024-12-13 08:56:50 am
India, EU aiming for balanced, ambitious, comprehensive & mutually beneficial FTA: piyush Goyal Highlighting growing proximity and rising trade between India and the European Union (EU), Union Minister of Commerce and Industry Piyush Goyal has said that both sides are aiming for a balanced, ambitious, comprehensive and mutually beneficial Free Trade Agreement (FTA). The FTA negotiations, after 9 rounds of intense engagement, need political directions to arrive at a commercially meaningful deal while understanding the sensitivities of each other.  Goyal further underlined that an...
India, EU aiming for balanced, ambitious, comprehensive & mutually beneficial FTA: piyush Goyal
India, EU aiming for balanced, ambitious, comprehensive & mutually beneficial FTA: piyush Goyal
Source: Accord Fintech
2024-12-12 01:52:33 pm
Fossil fuels` role in global energy security becoming strategic: Igor Sechin at Doha Forum Igor Sechin, Chief Executive Officer of Rosneft, presented a speech titled "The economic underpinnings of conflicts" at the XXII Doha Forum, which is taking place on December 7-8 in the capital city of Qatar.  Igor Sechin's speech was in the spotlight of the forum participants. The report was presented at the main venue of the Doha Forum - Al Dafna Hall, which in the format of conferences can accommodate about 1,400 people. There were no empty seats in the hall during th...
Fossil fuels` role in global energy security becoming strategic: Igor Sechin at Doha Forum
Fossil fuels` role in global energy security becoming strategic: Igor Sechin at Doha Forum
Source: IGI Editorial
2024-12-08 09:35:42 am
Sattrix Information Security rises on partnering with Strolling Digital Sattrix Information Security is currently trading at Rs. 151.00, up by 1.75 points or 1.17% from its previous closing of Rs. 149.25 on the BSE. The scrip opened at Rs. 152.85 and has touched a high and low of Rs. 152.85 and Rs. 151.00 respectively. So far 3000 shares were traded on the counter. The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 254.00 on 28-Jun-2024 and a 52 week low of Rs. 141.95 on 18-Jun-2024. Last one week high and low of the s...
Sattrix Information Security rises on partnering with Strolling Digital
Sattrix Information Security rises on partnering with Strolling Digital
Source: Accord Fintech
2024-12-04 01:53:36 pm
South Korea`s exports grow for 14th month on record chip shipments  South Korea's exports extended on-year gains to the 14th straight month in November, data showed on Sunday, on the back of the strong performance of chips.  Outbound shipments rose 1.4 percent from a year earlier to US$56.3 billion last month, according to the data compiled by the Ministry of Trade, Industry and Energy. Imports shed 2.4 percent on-year to $50.7 billion, resulting in a trade surplus of $5.61 billion. South Korea has been maintaining a trade surplus for 18 ...
South Korea`s exports grow for 14th month on record chip shipments
South Korea`s exports grow for 14th month on record chip shipments
Source: IANS
2024-12-01 09:37:31 am
Trump`s ``America First`` policy could reshape international trade : Motilal Oswal Private Wealth According to Motilal Oswal Private Wealth (MOPW), Trump's "America First" policy could reshape international trade. His approach involves reducing imports, particularly from China, to bolster U.S. manufacturing. However, increased tariffs might prompt retaliatory measures from trade partners, potentially affecting U.S. exporters in sectors like agriculture and technology. The European Union (EU) may impose tariffs on U.S. goods, impacting industries such as automotive and ste...
Trump`s ``America First`` policy could reshape international trade : Motilal Oswal Private Wealth
Trump`s ``America First`` policy could reshape international trade : Motilal Oswal Private Wealth
Source: Motilal Oswal Private Wealth Management
2024-11-23 03:21:20 pm
Albania joins SEPA, paving way for EU integration Albania officially became a member of the Single Euro Payment Area (SEPA) on November 21, 2024, the Bank of Albania (BoA) has announced.  This milestone places Albania among the first Western Balkan countries to join SEPA, a key step towards European Union (EU) membership, said BoA. Albanian Prime Minister Edi Rama hailed the development, emphasizing its significance for Albanians. For all money transfers from Europe to Albania or vice versa, there will no longer be financial costs...
Albania joins SEPA, paving way for EU integration
Albania joins SEPA, paving way for EU integration
Source: IANS
2024-11-23 10:35:38 am
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany  Gautam Adani, Chairman of the Adani Group, on Tuesday, said it was a privilege to host the ambassadors from the European Union (EU), Belgium, Denmark, and Germany, who visited the world’s largest renewable energy (RE) park in Khavda, Gujarat, and the country's largest port hub in Mundra.  Gautam Adani said the discussions with the envoys focused on strengthening global partnerships to drive India’s energy transition and accelerate the hydrogen ecosystem. "...
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Truly insightful: Gautam Adani hosts envoys from EU, Belgium, Denmark and Germany
Source: IANS
2024-11-12 05:09:39 pm
India cenbank sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says India's central bank continues to be in talks with the European Securities and Markets Authority (ESMA) but views the latter's proposal for supervisory and auditing powers over domestic clearing corporations as "extra jurisdictional", an official said on Thursday. "We have taken a very consistent stand that ESMA is being extra jurisdictional in telling us how we should do regulation," Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar said at an event. ...
India cenbank sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says
India cenbank sees European proposal for oversight of clearing corp as 'extra jurisdictional', official says
Source: Reuters
2024-11-07 04:20:43 pm
ISRO to launch EU’s Proba-3 Sun observation mission in December: Dr Jitendra Singh The Indian Space Research Organisation (ISRO) is set to launch the European Union’s Proba 3 Sun Observation Mission in December, said Dr Jitendra Singh, Union Minister of State (Independent Charge) Science & Technology, on Tuesday.  Speaking to IANS on the sidelines of the Indian Space Conclave 3.0 in New Delhi, he said the space scientists from India will partner with those in Europe to unravel the mysteries of the Sun. Proba-3, which aims to study the Sun’s faint ...
ISRO to launch EU’s Proba-3 Sun observation mission in December: Dr Jitendra Singh
ISRO to launch EU’s Proba-3 Sun observation mission in December: Dr Jitendra Singh
Source: IANS
2024-11-05 03:54:46 pm
EIB Global announces 300 million euro loan for Bengaluru suburban railway network EIB Global, the arm of the European Investment Bank (EIB) for financing activities outside the European Union (EU), on Friday, announced it would provide a 300 million euro loan to build a new suburban railway network covering four dedicated rail corridors in Bengaluru.   The network will stretch over a total of 149 km and include 58 stations and two depots. At a meeting here, EIB Vice-President Nicola Beer and Karnataka Rail Infrastructure Development Company Ltd's (KRIDE) Dir...
EIB Global announces 300 million euro loan for Bengaluru suburban railway network
EIB Global announces 300 million euro loan for Bengaluru suburban railway network
Source: IANS
2024-10-26 09:18:42 am
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal Commerce and Industry Minister Piyush Goyal has said that the European Union's (EU) deforestation regulation and carbon tax are unfair and would impact Indian industries. He said the EU's safeguard measures on some steel products are irrational too. He noted that Indian industries are confronted with unfair rules of deforestation, rules around CBAM (Carbon Border Adjustment Mechanism) and various other measures. Major agriculture-exporting countries, including Brazil, India, Indonesia...
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal
European Union's deforestation regulation, carbon tax would impact Indian industries: Piyush Goyal
Source: Accord Fintech
2024-10-14 11:43:17 am
India`s biopharma sector key driver of bioeconomy  The biopharma sector has emerged as a critical component of the country's bioeconomy, contributing to 49 per cent of India's biotechnology output, according to a report on Tuesday.   The report offers a comprehensive analysis of India's biopharma sector, showcasing its exponential growth and emergence as a major global player in bioeconomy. "India's biopharma sector is uniquely positioned to address global health challenges, from pandemic preparedness to...
India`s biopharma sector key driver of bioeconomy
India`s biopharma sector key driver of bioeconomy
Source: IANS
2024-09-24 05:43:38 pm
Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil Crisil ratings in its latest report has said that credit profiles of flexible packaging players will continue to remain subdued this fiscal on elevated debt levels, which had burgeoned, over the past three fiscals due to sizeable capacity expansions. However, steady domestic demand (accounting for around 75% of sectoral volumes) and negligible capacity additions will partially offset the demand-supply imbalance this fiscal. Consequently, capacity utilization levels shall improve by 400-450 ba...
Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil
Credit profiles of flexible packaging players will continue to remain subdued this fiscal: Crisil
Source: Accord Fintech
2024-09-17 11:39:11 am
IMEC initiative to boost India`s maritime security, trade: Piyush Goyal The India-Middle East-Europe Economic Corridor (IMEC) initiative will add to the country’s maritime security and faster movement of goods between Europe and Asia, Union Commerce Minister Piyush Goyal said on Friday, adding that there is also huge potential for cooperation in the tourism sector.  Addressing the ‘CII India-Mediterranean Business Conclave 2024’ in the national capital, Commerce Minister said that IMEC was launched during the country’s G20 presiden...
IMEC initiative to boost India`s maritime security, trade: Piyush Goyal
IMEC initiative to boost India`s maritime security, trade: Piyush Goyal
Source: IANS
2024-09-06 03:00:33 pm
Global LNG markets heading towards significant supply glut, India to benefit The global liquified natural gas (LNG) markets are now heading towards significant supply glut, which is set to benefit India as significant capacity addition amid expectation of modest demand growth in the global consumption will keep the LNG prices under check, a report said on Wednesday.  Consumption in India is expected to grow by 6-8 per cent YoY in FY2025, supported by softer LNG prices and an uptick in the domestic gas production, according to the report by credit rating ICRA. ...
Global LNG markets heading towards significant supply glut, India to benefit
Global LNG markets heading towards significant supply glut, India to benefit
Source: IANS
2024-08-28 02:05:17 pm
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row Prime Minister Narendra Modi on Wednesday congratulated RBI Governor Shaktikanta Das on being rated “A+” for the second time in a row in the ‘Global Finance Central Banker Report Cards 2024’.  Responding to a post on X by the Reserve Bank of India, PM Modi said, “Congratulations to RBI Governor Shri @DasShaktikanta for this feat, and that too for the second time”. “This is a recognition of his leadership at the RBI and his work towards ensu...
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row
Prime Minister Narendra Modi congratulates RBI Governer for top global rating 2nd time in a row
Source: IANS
2024-08-21 10:59:02 am
Interarch Building Products coming with IPO to raise Rs 612.29 crore Interarch Building Products   Interarch Building Products is coming out with a 100% book building; initial public offering (IPO) of 68,03,184 shares of Rs 10 each in a price band Rs 850-900 per equity share.         Not more than 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, not less than 15% of the issue will be available for the non-institutional bidders and the remaining 35% f...
Interarch Building Products coming with IPO to raise Rs 612.29 crore
Interarch Building Products coming with IPO to raise Rs 612.29 crore
Source: Accord Fintech
2024-08-16 04:33:27 pm
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI The Confederation of Indian Textile Industry (CITI) has said that India's textiles and apparel exports in July 2024 grew by 4.73 per cent to $2,937.56 million compared to the same month last year mainly driven by an increase in demand for apparels. Textiles and apparel exports stood at $ 2,805.01 million in July 2023. It stated while the textile exports were steady at $ 1,660.36 million in July compared to $ 1,663.06 million, apparel shipments during the month surged by 11.84 per cent ...
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI
India's textiles and apparel exports in July rise by 4.73% to $2,937.56 million: CITI
Source: Accord Fintech
2024-08-16 10:32:17 am
India’s electricity demand may surge by eight per cent this year: IEA With demand for electricity in India expected to surge by a massive eight per cent this year, the world’s demand is rising at its fastest rate in years, driven by robust economic growth, intense heat waves and increasing uptake of technologies that run on electricity such as EVs and heat pumps, a new report by the International Energy Agency (IEA) said on Friday.  At the same time, renewables continue their rapid ascent, with solar PV on course to set new records. Global elec...
India’s electricity demand may surge by eight per cent this year: IEA
India’s electricity demand may surge by eight per cent this year: IEA
Source: IANS
2024-07-19 02:51:57 pm
European Union to invest record 7 billion euros into sustainable transport infrastructure The European Commission announced that it will earmark over 7 billion euros (about $7.66 billion) for 134 transport projects across the European Union (EU), to facilitate the delivery of the bloc's climate objectives and improve its transport networks.  The projects will receive funding through the Connecting Europe Facility (CEF), the EU's fund for strategic investment in infrastructure development. The grants are the largest under the current CEF transport programme, accordi...
European Union to invest record 7 billion euros into sustainable transport infrastructure
European Union to invest record 7 billion euros into sustainable transport infrastructure
Source: IANS
2024-07-18 11:47:37 am
European Union accepts Apple'`s offer to open up contactless payments The European Union (EU) on Thursday accepted commitments offered by Apple over how it operates Apple Pay to end a long-running competition investigation. "The Commission has decided to accept commitments offered by Apple. These commitments address our preliminary concerns that Apple may have illegally restricted competition for mobile wallets on iPhones," said Commission EVP Margrethe Vestager, who heads up the EU’s competition division. "Apple has until July 25 to ...
European Union accepts Apple'`s offer to open up contactless payments
European Union accepts Apple'`s offer to open up contactless payments
Source: IANS
2024-07-11 05:32:54 pm
South Korea clocks record $37 bn in car exports in first half of 2024  South Korea's car exports are estimated to have reached a record $37 billion for the first half of the year, according to industry data on Sunday.  Automobile exports are estimated to have increased 3.8 percent on-year during the January-June period to reach $37.01 billion, marking the highest tally for the first half of any year, according to tentative data from the industry ministry and the Korea International Trade Association. The previous record was at $35.65 billion...
South Korea clocks record $37 bn in car exports in first half of 2024
South Korea clocks record $37 bn in car exports in first half of 2024
Source: IANS
2024-07-07 10:12:17 am
European Union must open discussion on economic dimension of CBAM: Experts The European Union (EU) must start discussing the economic dimension of the Carbon Border Adjustment Mechanism (CBAM), said experts here on Tuesday.  The CBAM by the EU is designed to slash greenhouse gas emissions by 55 per cent by 2030 compared to 1990 levels. L Satya Srinivas, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry noted that the twin aspects of design and implementation modalities are important for consideration when discussing CBAM and ...
European Union must open discussion on economic dimension of CBAM: Experts
European Union must open discussion on economic dimension of CBAM: Experts
Source: IANS
2024-07-03 09:44:08 am
Embraer sees India, Saudi Arabia, EU, US as strategic defense markets Brazilian planemaker Embraer sees India, Saudi Arabia, the European Union and the United States as strategic markets for its defense unit as it looks to expand sales of the C-390 Millennium, the head of Embraer Defense said on Tuesday. India has an open tender to buy military planes while Saudi Arabia, looking to replace an aging fleet of Lockheed Martin's C-130 Hercules, is currently in "early engagement" with Embraer, Bosco da Costa Junior told reporters at an event. &qu...
Embraer sees India, Saudi Arabia, EU, US as strategic defense markets
Embraer sees India, Saudi Arabia, EU, US as strategic defense markets
Source: Reuters
2024-06-19 09:08:13 am
India`s textile exports surge by 9.6% in May despite global headwinds: CITI The Confederation of Indian Textile Industry (CITI) in its latest report has said that India’s textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions in major markets such as the European Union (EU), the US and West Asian nations. Moreover, it stated the country’s apparel exports saw an increase of 9.84 per cent during the same period, the report points out. Further, it highlighted that th...
India`s textile exports surge by 9.6% in May despite global headwinds: CITI
India`s textile exports surge by 9.6% in May despite global headwinds: CITI
Source: Accord Fintech
2024-06-18 10:10:54 am
India`s textile exports surge by 9.6 pc despite global headwinds India’s textile exports grew by 9.59 per cent in May this year compared to the same month of the previous year, despite unfavourable economic conditions in major markets such as the European Union (EU), the US and West Asian nations, according to a report by the Confederation of Indian Textile Industry (CITI).  In addition, the country’s apparel exports saw an increase of 9.84 per cent during the same period, the report points out. CITI’s report highlighted that t...
India`s textile exports surge by 9.6 pc despite global headwinds
India`s textile exports surge by 9.6 pc despite global headwinds
Source: IANS
2024-06-16 01:42:04 pm
India says high tariffs on EVs to protect from Chinese imports India's trade department said on Friday that the country's car market is "well-protected" through high tariffs on the import of electric vehicles, at a time when other major economies like the European Union have slapped tariffs on Chinese EVs.  
India says high tariffs on EVs to protect from Chinese imports
India says high tariffs on EVs to protect from Chinese imports
Source: Reuters
2024-06-14 04:43:11 pm
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra The rating agency -- India Ratings and Research (Ind-Ra) in its latest report has said that the steel demand is expected to grow in the range of 9-12 per cent during the ongoing 2024-25 fiscal. It stated the demand will be supported by steady growth in the end-user industries such as automobile and infrastructure sectors. The agency further said that it expects the global steel demand to be steady with some moderation in China demand due to its transition to low carbon initiatives and mode...
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra
Steel demand expected to grow in range of 9-12% in current fiscal: Ind-Ra
Source: Accord Fintech
2024-06-12 10:42:42 am
Asia stocks range-bound as EU politics adds new risks Asian stocks traded in a narrow range on Tuesday, as investors pondered fresh political uncertainty in European markets after right-wing gains in elections and a snap poll in France revived concerns about the cohesion of the bloc. Moves were modest, with MSCI's broadest index of Asia-Pacific shares outside Japan dipping 0.4% in thin trade, with Chinese blue chips off 0.7%. Going the other way, Japan's Nikkei firmed 0.3% and South Korea stocks rose 0.5%. EUROSTOXX 50 futures a...
Asia stocks range-bound as EU politics adds new risks
Asia stocks range-bound as EU politics adds new risks
Source: Reuters
2024-06-11 08:51:24 am
Euro slips to one-month low as Macron calls French election The euro fell on Monday as the French President Emmanuel Macron called a shock election after being trounced in the European Union vote by the far-right, while the dollar was steady ahead of the Federal Reserve meeting later in the week. The euro fell to $1.0764, its lowest since May 9, in early trading in Asia. It was last down 0.24% at $1.0776 as investors weighed the implications of renewed political uncertainty in the euro zone's second-biggest economy in a key election year. Eu...
Euro slips to one-month low as Macron calls French election
Euro slips to one-month low as Macron calls French election
Source: Reuters
2024-06-10 09:35:10 am
Oil slips on dollar's strength from US jobs data Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday. Brent crude futures and U.S. West Texas Intermediate crude futures slipped 4 cents to $79.58 and $75.49 a barrel, respectively, by 0036 GMT. On Friday, data showed the U.S. added more jobs than expected last month, leading investors to trim expectations for rate cuts and causing the dolla...
Oil slips on dollar's strength from US jobs data
Oil slips on dollar's strength from US jobs data
Source: Reuters
2024-06-10 08:51:54 am
India likely to be Apple`s 3rd largest market in next 2 to 3 years As Apple registered strong double-digit growth in India in the March quarter this year, experts on Friday said that the country will likely become the tech giant's third-largest market in the next two to three years. According to Tarun Pathak, Research Director at Counterpoint Research, Apple will continue to grow faster than the market and might grow more than 20 per cent this year in the country. "In India, revenues grew to record levels due to better product mix and channel ...
India likely to be Apple`s 3rd largest market in next 2 to 3 years
India likely to be Apple`s 3rd largest market in next 2 to 3 years
Source: IANS
2024-05-03 04:36:12 pm
Apple gives small developers a breather around new app store fee in EU Apple on Thursday allowed small developers more ways around its alternative app store tax in the European Union (EU). The company said that developers of free apps without monetisation won’t have to pay the new Core Technology Fee (CTF) it introduced in the EU. “Only developers who reach significant scale (more than one million first annual installs per year in the EU) pay the CTF,” Apple said in an update. Nonprofit organisations, government entitles and educationa...
Apple gives small developers a breather around new app store fee in EU
Apple gives small developers a breather around new app store fee in EU
Source: IANS
2024-05-03 12:01:44 pm
Oil inches up after U.S. reimposes Venezuela oil sanctions  Oil prices rose in early trade on Thursday, slightly paring the previous session's losses after the United States said it would reinstate oil sanctions Venezuela, while the European Union talked of fresh curbs on Iran. Brent futures were up 10 cents, or 0.11%, at $87.39 a barrel, while U.S. crude futures traded 2 cents higher at $82.71 a barrel at 0053 GMT. The two benchmarks slid 3% in the previous session on demand worries. The U.S. said it would not renew a license set to e...
Oil inches up after U.S. reimposes Venezuela oil sanctions
Oil inches up after U.S. reimposes Venezuela oil sanctions
Source: Reuters
2024-04-18 08:56:31 am
EU, India join hands to nurture startups in EV battery recycling field In a fillip to the country’s electric vehicle (EV) goals, the European Union (EU) and India on Tuesday joined hands to promote startups working in the area of battery recycling technologies for EVs. The collaboration aims to boost the cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and startups in the clean and green technologies sector. The latest initiative took place under the India-EU Trade and Technology Council (TTC) announced by Prime Minis...
EU, India join hands to nurture startups in EV battery recycling field
EU, India join hands to nurture startups in EV battery recycling field
Source: IANS
2024-04-10 09:18:26 am
European Union, India join hands to nurture startups in EV battery recycling field  In a fillip to the country’s electric vehicle (EV) goals, the European Union (EU) and India on Tuesday joined hands to promote startups working in the area of battery recycling technologies for EVs. The collaboration aims to boost the cooperation between European and Indian Small and Medium-sized Enterprises (SMEs) and startups in the clean and green technologies sector. The latest initiative took place under the India-EU Trade and Technology Council (TTC) announced by Prime...
European Union, India join hands to nurture startups in EV battery recycling field
European Union, India join hands to nurture startups in EV battery recycling field
Source: IANS
2024-04-09 05:10:55 pm
Asia shares flat, dollar restrained by Japan caution Asian shares dithered on Monday as investors worried U.S. inflation data this week could derail the outlook for lower interest rates, while the risk of currency intervention from Japan stalled the yen's decline for the moment. China's central bank also engineered a rally in the yuan after setting a firmer fix for the currency, nudging the dollar lower more broadly. The main data event of the week will be U.S. core personal consumption expenditure (PCE) price index on Friday whic...
Asia shares flat, dollar restrained by Japan caution
Asia shares flat, dollar restrained by Japan caution
Source: Reuters
2024-03-25 09:32:43 am
Factbox-Key details of India`s pact with four-nation European trade bloc India signed a free trade pact on Sunday with a group of European nations - Switzerland, Norway, Iceland and Liechtenstein - committing to reduce tariffs, while New Delhi receives $100 billion in investments over the next 15 years. India and the members of the European Free Trade Association (EFTA) held 21 rounds of talks over 16 years to clinch the broad-based Trade and Investment Agreement. Here are key facts about the trade pact: BOOST TO TRADE, INVESTMENT: India expects that t...
Factbox-Key details of India`s pact with four-nation European trade bloc
Factbox-Key details of India`s pact with four-nation European trade bloc
Source: Reuters
2024-03-10 03:02:14 pm
India says Europe trade group commits to $100 billion 15-year deal -India and a trade group of four European nations signed an economic agreement on Sunday aimed at increasing trade and investment, capping nearly 16 years of negotiations. The deal is a binding agreement for the European Free Trade Association - Switzerland, Norway, Iceland and Liechtenstein - to invest $100 billion over 15 years in the fast-growing market of 1.4 billion people, said Piyush Goyal, India's union trade minister. "It is a modern trade agreement, fair, equitable an...
India says Europe trade group commits to $100 billion 15-year deal
India says Europe trade group commits to $100 billion 15-year deal
Source: Reuters
2024-03-10 11:55:33 am
Asia shares shaky, traders on guard as Japanese inflation tops forecast Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe and the U.S. this week. The yen steadied at 150.57 to the dollar and inched off a three-month low on the euro as Japanese inflation stayed at the central bank's 2% year-on-year target, keeping alive expectations it would exit negative rates by April. Tokyo's Nikkei crept 0.4% higher to eke a fresh record high. MSCI's...
Asia shares shaky, traders on guard as Japanese inflation tops forecast
Asia shares shaky, traders on guard as Japanese inflation tops forecast
Source: Reuters
2024-02-27 08:54:10 am
Meta to form `Operations Centre` to combat spread of deceptive AI in EU polls Meta (formerly Facebook) on Monday said that it will be activating an Elections Operations Centre to combat the spread of misleading artificial intelligence (AI) content in the European Union's (EU) 2024 Parliament elections. The tech giant will bring together experts from across the company from their intelligence, data science, engineering, research, operations, content policy and legal teams to identify potential threats and put specific mitigations in place across their apps and te...
Meta to form `Operations Centre` to combat spread of deceptive AI in EU polls
Meta to form `Operations Centre` to combat spread of deceptive AI in EU polls
Source: IANS
2024-02-26 12:31:51 pm
Asia shares drift lower ahead of inflation feast Asian shares stalled near seven-month highs on Monday as investors awaited inflation data from the United States, Japan and Europe that will help refine expectations for future rate moves. The Federal Reserve's favoured measure of inflation - the core personal consumption expenditures (PCE) price index - is due on Thursday and forecasts are for a rise of 0.4%. It was not long ago investors were hoping for just a 0.2% increase but high readings on consumer and producer prices suggest...
Asia shares drift lower ahead of inflation feast
Asia shares drift lower ahead of inflation feast
Source: Reuters
2024-02-26 08:48:09 am
Meta testing cross-posting feature from FB to Threads Meta has started testing a cross-posting feature that would allow users to post from Facebook to Threads. It's a same feature that users have been using for a long time to post Stories and Reels on both Facebook and Instagram at the same time. The tech giant confirmed about the test to TechCrunch, saying that it is limited to iOS and does not include the European Union (EU). The feature will let users share both text and link posts from Facebook to Threads. The addition of this f...
Meta testing cross-posting feature from FB to Threads
Meta testing cross-posting feature from FB to Threads
Source: IANS
2024-02-22 11:41:23 am