The European Parliament is planning to suspend approval of the EU-US trade deal agreed last July in response to President Donald Trump’s threat to impose new tariffs on European nations over Greenland. The decision is expected to be formally announced in Strasbourg on Wednesday, signaling heightened tensions between Washington and its European allies, according to…
Jio Platforms is waiting for the government to issue final guidelines on SEBI’s proposed changes to IPO rules before finalising its listing plans, a senior company official said. The company’s IPO timeline will depend on when these regulatory details are clarified.SEBI in September approved proposals to relax initial public offering requirements for very large companies…
US Treasury Secretary Scott Bessent claimed that India has scaled back purchases of Russian oil following trade action taken by President Donald Trump, linking New Delhi’s move to the imposition of tariffs by Washington.Speaking at the World Economic Forum in an interview with Fox Business, Bessent, talking about the Russian Sanctions Bill, said India began…
BENGALURU: ElevenLabs, a voice AI startup valued at about $6.6 billion, has appointed Karthik Rajaram as general manager and country head for India, as the company sharpens its focus on the market amid rising adoption of AI-generated voice and audio tools.In his new role, Rajaram will lead ElevenLabs’ go-to-market strategy and revenue growth in India,…
India is stepping up the adoption of battery and alternative fuel-powered train engines as it moves to phase out diesel locomotives on short and medium-distance routes, following the near-complete electrification of its rail network.With just 405 route kilometres (rkm) left to be electrified out of a total 70,117 rkm, officials said the focus of the…
Netflix has revised its proposed acquisition of Warner Bros. Discovery, shifting to an all-cash transaction valued at USD 27.75 per share. The move aims at simplifying the deal structure and strengthening its position amid rival takeover efforts.The revised offer values Warner Bros. Discovery at an enterprise value of about USD 82.7 billion, including debt and…
Gold prices surged to fresh record highs on Tuesday as renewed fears of a potential US–EU trade war pushed investors towards safe-haven assets amid rising global uncertainty.The rally followed tariff threats by US President Donald Trump against European nations opposing his Greenland move, triggering risk aversion across global markets. Precious metal extended gains from the…
President of the European Commission Ursula von der Leyen talks during the Annual Meeting of the World Economic Forum in Davos (AP photo) India is close to signing a trade deal with the European Union, as stated by EU chief Ursula von der Leyen during the World Economic Forum in Davos on Tuesday.“There is still…
Silver made a stellar debut in 2026, soaring over 35%, or nearly Rs 85,000 per kg, investors rush towards the precious metal amid tightening supplies and escalating geopolitical tensions involving the US, Iran and Greenland. The white metal’s momentum further strengthened after MCX silver futures decisively crossed the Rs 3 lakh per kg milestone. During…
Car Repairs Delayed? Oman Now Forces Insurers to Pay You Cash for Every Extra Day In a significant shake-up of Oman’s motor insurance landscape, the Financial Services Authority (FSA) has introduced sweeping reforms that now mandate compensation from insurers if car repairs aren’t completed on time, a first in the Gulf region and a major…
