India and the United States have embarked on a groundbreaking initiative to foster deeper collaboration in the space and defense sectors. Seven Indian private companies, including KaleidEO, EtherealX, and Aadyah Space, have been selected to participate in this unique program…. Read More ›
The United States has intensified its sanctions on Russia’s oil industry, targeting major producers and a significant portion of the maritime fleet involved in transporting Russian crude. On January 10, the U.S. Treasury imposed sanctions on Russian oil producers Gazprom… Read More ›
India’s inflation rate showed a notable decline for the second consecutive month in December, registering at 5.22%, just under analysts’ expectations of 5.30%, according to data released by the Ministry of Statistics and Programme Implementation (MoSPI). This trend, marking the… Read More ›
The increasing frequency and intensity of wildfires in California have not only left devastating impacts on lives and property but have also exposed critical vulnerabilities in the state’s insurance landscape. The financial and regulatory challenges faced by insurance companies, coupled… Read More ›
The global automotive supply chain is undergoing significant changes as manufacturers and suppliers brace for potential sweeping tariffs under President-elect Donald Trump’s second term. These proposed tariffs, particularly the blanket 10% tariff on all global imports and the 60% tariff… Read More ›
The aviation industry is grappling with multifaceted challenges as supply chain constraints, operational delays, and rising costs continue to plague the sector. While Boeing remains at the forefront of scrutiny due to quality and safety concerns, the issues extend well… Read More ›
Eurozone households are maintaining high savings rates, hindering the region’s economic recovery by dampening consumer spending. In the second quarter of 2024, the household saving rate rose to 15.7%, up from 15.2% in the previous quarter, and significantly higher than… Read More ›
The history of tariffs under former U.S. President Donald Trump is marked by a series of aggressive trade policies aimed at reshaping global trade relations. Trump’s administration implemented a wide range of tariffs, many of which sought to directly challenge… Read More ›
On January 19, 2025, the U.S. government is poised to enforce a ban on TikTok unless the app is severed from its China-based parent company, ByteDance. This decision stems from national security concerns related to the app’s potential access to… Read More ›
In 2024, gold prices experienced a remarkable surge, marking the metal’s best annual performance in over a decade. As of December 31, spot gold was trading at $2,608.09 per ounce, with U.S. gold futures at $2,620.60. This represents a significant… Read More ›
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