India’s current account deficit (CAD) is projected to nearly double in the next fiscal, touching 1.2 per cent of GDP in FY26 compared with 0.6 per cent in FY25, Union Bank of India said in a report.The bank cautioned that evolving trade dynamics, global commodity prices, and geopolitical developments could add further pressure. “We see…
Markets regulator Sebi has reported a sharp rise in settlement pleas, receiving 703 applications in 2024-25 to resolve alleged violations of securities laws without prolonged litigation. This marked a steep increase from 434 applications filed in 2023-24.According to Sebi’s 2024-25 annual report, 284 of these pleas were settled through appropriate orders, while 272 applications were…
Chemical companies in India are making significant progress in establishing a comprehensive ecosystem for semiconductor manufacturing, which aligns with the nation’s ambition to become a global leader in advanced technology industries, according to Bastion Research’s findings, cited by ANI.The semiconductor manufacturing process necessitates various ultra-high-purity chemicals, essential for wafer fabrication procedures including etching and cleaning…
Following his meeting with Vladimir Putin in Alaska on Saturday, Donald Trump has reportedly told European Union leaders that he was prepared to accept the Russian President’s demand that Ukraine cede the remaining part of its eastern Donbas region in a bid to end the war, not merely reach a ceasefire, The New York Times…
NAINITAL/DEHRADUN: Uttarakhand HC sought a detailed report from Nainital district magistrate and SSP after five Congress zila panchayat members allegedly went missing during polling for chairperson election Friday in Nainital. High court listed the matter for hearing Monday and said it was “shocking” that armed police were seen turning away while one member was being…
Sudanese paramilitary forces shelled the besieged North Darfur capital, El-Fasher, on Saturday, killing at least 17 civilians and injuring 25 others, reported news agency AFP. According to the report, these figures only account for those who reached the facility. Others were buried by their families, unable to access medical centres due to ongoing security challenges….
Postponing or rescheduling the meeting is important because the US has imposed a significant 50% on Indian products. (AI image) India-US trade deal: As India looks at the possibility of a 50% tariff on its exports to the US effective August 27, the sixth round of trade deal talks between the two countries may be…
India is stepping up efforts to secure its rare earth supply chain, a key element for clean energy expansion and electric mobility growth. A report by global consulting firm Primus Partners, ‘From Extraction to Innovation’, outlines a detailed plan to achieve self-reliance in rare earth magnets under the government’s Viksit Bharat vision, reported ANI.The report…
India’s semiconductor plans are beginning to take shape, with a deliberate focus on producing mature-node chips rather than competing in the global race for cutting-edge technology. The country is targeting the 28nm to 65nm range to meet rising demand in sectors such as automotive, telecommunications, and industrial electronics.An analysis by Bastion Research cited by news…
The Trump administration is in talks with Intel over a potential US government stake in the chipmaker, Bloomberg News reported, citing people familiar with the plan. The move could help shore up Intel’s long-delayed factory complex in Ohio, which the company once promised would become the world’s largest chipmaking site. Bloomberg said the size of…