US President Donald Trump’s aggressive tariff strategy appears to have paid off — at least in terms of revenue. While many world leaders condemned his sweeping trade measures, most have avoided meaningful retaliation, allowing the US to rake in nearly $50 billion in extra customs revenues with minimal pushback. “America’s trading partners have largely failed…
On the day its Ax-4 mission put India’s Group Captain Shubhanshu Shukla in space, Houston-based Axiom Space announced a partnership with Indian space startup Skyroot Aerospace to jointly expand access to low-Earth orbit. Axiom signed a Memorandum of Understanding (MoU) with Skyroot, opening the door for deeper collaboration between the two private space firms. The…
Adani Defence & Aerospace partners with Sparton (Image credit: Adani Defence X handle) NEW DELHI: Adani Defence & Aerospace has entered into a binding collaboration agreement with Sparton (DeLeon Springs LLC), a subsidiary of Elbit Systems specialising in advanced Anti-submarine warfare systems.The Adani Group company on Sunday announced that this alliance represents a crucial move…
The National Institutes of Health will no longer allow American scientists to direct its funding to research partners overseas, casting doubt on the future of studies on subjects including malaria and childhood cancer. Dr. Jay Bhattacharya, the new director of the N.I.H., announced the policy on Thursday, the same day Dr. Matthew J. Memoli, the…
The ED’s top law officer, additional solicitor general S V Raju, on Thursday suggested that the PMLA should be amended to make angadias/hawala operators as ‘reporting entity’ under the law. So far, hawala operations are deemed illegal cash transactions. The ASG’s suggestion could bring them under a regulatory framework where they may have to disclose…
NEW DELHI: On the eve of the first budget session in the 18th Lok Sabha, it was not just the opposition parties, but NDA partners of the ruling BJP, that put forward their respective demands at the all party meeting on Thursday.If BJP ally JD(U), asked the government to go slow on its One-Nation One-Election…
Elon Musk’s social media company, X, said on Tuesday that it was teaming up with Visa to provide financial services, in a step toward Mr. Musk’s plans of expanding it into an “everything app.” The new financial feature, called X Money Account, will enable peer-to-peer payments from users’ debit cards and allow users to transfer…
NEW DELHI: Mumbai-based EMA Partners India on Saturday said it is looking to raise Rs 76 crore on the NSE’s Emerge platform through an initial public offering, which will open for public subscription on January 17. The issue with a price band of Rs 117-124 apiece will conclude on January 21. The bidding for anchor…
NEW DELHI: The Congress is all set for a lonely political battle in Delhi with at least two key INDIA (Indian National Developmental Inclusive Alliance) bloc partners backing Arvind Kejriwal’s Aam Aadmi Party in the assembly elections. The Congress and the AAP were allies during the Lok Sabha elections in Delhi but will be contesting…
MUMBAI: Billionaire Nikhil Merchant-owned Swan Energy has joined hands with AG&P Terminals & Logistics of US-based Nebula Energy to form a liquefied natural gas (LNG) and gas logistics ventures in India. Swan will own 51% in the LNG supply unit, while AG&P will hold the remaining 49%. This unit intends to supply LNG within India…