Articles for category: Business

Market News

Tensions escalate as China intensifies military maneuvers around Taiwan, crossing territorial lines and provoking a strong defensive response.

Tensions escalate as China intensifies military maneuvers around Taiwan, crossing territorial lines and provoking a strong defensive response.

Since September 2020, China has increased military activities near Taiwan, using gray zone tactics that do not involve overt military conflict. Recently, Taiwan’s Ministry of National Defence reported detecting six Chinese military aircraft and six naval vessels around the island within a 24-hour period. Three of these aircraft crossed the median line of the Taiwan ...

Market News

At the Quad Summit, Modi praised Japan’s Kishida and Australia’s Albanese, deepening alliances before their terms end.

At the Quad Summit, Modi praised Japan’s Kishida and Australia’s Albanese, deepening alliances before their terms end.

Prime Minister Narendra Modi met with Japanese Prime Minister Fumio Kishida and Australian Prime Minister Anthony Albanese during the Quad Leaders’ Summit in Wilmington. The discussions focused on strengthening bilateral ties for the peace and prosperity of the Indo-Pacific region. Modi expressed his commitment to deepening the India-Australia Comprehensive Strategic Partnership, highlighting cooperation in trade, ...

Market News

In Odisha, Naveen Patnaik condemns violence against an army officer’s fiancée, demanding justice amid rising lawlessness and political tension.

In Odisha, Naveen Patnaik condemns violence against an army officer’s fiancée, demanding justice amid rising lawlessness and political tension.

Naveen Patnaik, the former Chief Minister of Odisha and leader of the Biju Janata Dal (BJD), announced that his party will thoroughly evaluate the “One Nation, One Election” proposal before deciding its stance. Speaking at the Odisha Literary Festival, he emphasized the importance of understanding the details of the proposal and its implications. Additionally, Patnaik ...

Market News

In a dramatic move, the US plans to ban Chinese and Russian vehicle technology, citing cybersecurity risks and protectionism.

In a dramatic move, the US plans to ban Chinese and Russian vehicle technology, citing cybersecurity risks and protectionism.

The US Commerce Department plans to announce new rules banning Chinese and Russian software and hardware in connected vehicles, aimed at enhancing cybersecurity. This move follows concerns about hacking risks associated with smart cars, which rely on internet connectivity. The proposed restrictions, stemming from a cybersecurity investigation launched by President Biden, focus on automated driving ...

Market News

Odisha’s Deputy CM condemns politicization of a police sexual assault case, vows accountability, and emphasizes zero tolerance for violence against women.

Odisha’s Deputy CM condemns politicization of a police sexual assault case, vows accountability, and emphasizes zero tolerance for violence against women.

Odisha’s Deputy Chief Minister, Kanak Vardhan Singh Deo, addressed the recent sexual assault incident at Bharatpur Police Station, stating that the situation is being “politicised.” Singh Deo emphasized the BJP government’s firm stance, highlighting the suspension of five police officers linked to the incident. He criticized former Chief Minister Naveen Patnaik for only publicly reacting ...

Market News

SpiceJet secures Rs 3,000 crore through shares, aiding its survival amidst financial turmoil and mounting statutory dues.

SpiceJet secures Rs 3,000 crore through shares, aiding its survival amidst financial turmoil and mounting statutory dues.

SpiceJet has successfully raised Rs 3,000 crore through the sale of shares to institutional investors, providing crucial support for the airline, which has been facing financial challenges. The Qualified Institutional Placement (QIP) was oversubscribed, attracting notable foreign investors like Goldman Sachs and Societe Generale. Following the share allotment, the company’s equity share capital has increased ...

Market News

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm considers acquiring struggling Intel, sparking potential landmark deal amidst Intel’s drastic turnaround efforts and market decline.

Qualcomm is exploring the possibility of acquiring Intel amid the latter’s ongoing struggles in the semiconductor industry. The California-based company has proposed a friendly takeover, considering the purchase of all or part of Intel. This potential deal could be historic, especially as Intel faces significant challenges, including a sharp decline in its stock value over ...

Market News

Ukrainian drones devastate Russian arms depots as Zelenskyy prepares a pivotal victory plan for U.S. support amidst escalating conflict.

Ukrainian drones devastate Russian arms depots as Zelenskyy prepares a pivotal victory plan for U.S. support amidst escalating conflict.

Ukrainian President Volodymyr Zelenskyy is pushing for increased support from the United States ahead of his upcoming visit to Washington, where he plans to present a comprehensive “victory plan” to President Biden. This comes after a significant Ukrainian drone attack targeted Russian arms depots, destroying thousands of tons of weaponry, including North Korean missiles. Zelenskyy ...

Market News

PM Modi celebrates the Indian diaspora’s achievements in the US, while preparing for vital discussions at the Quad Summit.

PM Modi celebrates the Indian diaspora’s achievements in the US, while preparing for vital discussions at the Quad Summit.

Prime Minister Narendra Modi recently praised the achievements of the Indian diaspora in the United States during his visit to Delaware. Expressing his joy at interacting with the community, he highlighted their positive contributions across various sectors. Ahead of his address at the “Modi and US” event in New York City, Modi stated, “The Indian ...

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