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India and Malaysia on Tuesday decided to elevate their ties to the level of comprehensive strategic partnership following talks between Prime Minister Narendra Modi and his Malaysian counterpart Anwar Ibrahim. The two sides inked a number of pacts, including one on employment and repatriation of workers and another on boosting cooperation in the area of digital technologies. Ibrahim began his three-day visit to India on Monday night. It is his first visit to India as prime minister. The larger focus of the Modi-Ibrahim talks was to expand trade and investment and explore cooperation in new and emerging areas.

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European shares were subdued on Tuesday as investors refrained from placing massive bets ahead of key data from the euro zone, while energy stocks were the biggest laggards following a drop in global oil prices. The pan-European STOXX 600 index held its ground at 514.87 points, as of 0710 GMT, after touching a three-week high in the previous session.

Indonesia and Australia on Tuesday finalised a new bilateral defence treaty that will enhance the neighbouring nations' ability to operate their militaries in each other's territory. The agreement was reached as Indonesian president-elect Prabowo Subianto, who also serves as defense minister, met with Australian officials at the country's Parliament earlier Tuesday. The bilateral relationship is becoming increasingly important to Australians in face of growing tensions with China. New Australian prime ministers typically make Jakarta one of their first overseas destinations. The pact will be signed within days, when Australian Defence Minister Richard Marles visits Jakarta.

companies that make air-conditioners. Leading firms such as PG Electroplast and Epack Durable reported more than 70% year-on-year growth in the June quarter. These companies design and make air-conditioners for famous brands such as Voltas, Blue Star and Samsung, apart from washing machines and electronic appliances.

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smartphone manufacturing hub like China, yet. It is still importing a large chunk of the components that go into a smartphone. Smartphone exports from India picked up speed in the latter part of 2020, and crossed $1 billion a month in late 2022.

OnePlus Buds Pro 3 will be unveiled by the Chinese smartphone manufacturer at a virtual event beginning at 6:30 pm. OnePlus has collaborated with musician Anuv Jain for this launch, and it is expected that the artist will be present during the presentation.The live unveiling of the OnePlus Buds Pro 3 can be viewed on the OnePlus India YouTube channel.

International Monetary Fund (IMF) deputy managing director Gita Gopinath recently observed that increasing workplace safety is an important factor in raising women’s participation in the labour force and the workforce (the former makes up for a broader cohort, of those looking for work, in addition to those who are at work and comprise the workforce). This has particular resonance in India right now, given the shock and outrage across the country over the gruesome rape and murder of a medical intern at a Kolkata hospital earlier this month. IMF research shows that closing the gender gap in labour force participation rates (LFPR) can raise gross domestic product (GDP) in developing countries significantly.

Asian stocks rose, following a buoyant session on Wall Street amid bets the Federal Reserve will soon signal it’s ready to start cutting interest rates. Shares advanced in Japan, South Korea and Australia. The MSCI Asia-Pacific index headed for a third day of gains while Hong Kong futures also pointed to a rise. The advance was fueled by a bullish mood in the US, where the S&P 500 climbed for an eighth straight day — the longest winning streak this year.

National Steel Policy (NSP) in the wake of some advanced economies such as the EU imposing carbon tariff (Carbon Border Adjustment Mechanism) on steel imports and the growing need to decarbonise the sector, officials said. The idea is to assess the impact of the policy on production and usage of the commodity and examine if any tweaks are required in view of the new emerging challenges, they said. «We are reviewing the NSP 2017 and working on stainless steel and green steel policy,» one of the officials said.

index and a fall in crude oil prices which softens India's inflation and trade deficit. The rupee closed at 83.87 against the US dollar, versus its previous close of 83.94/$1 on Friday, LSEG data showed. The currency strengthened to 83.84 during the day, the strongest since 6th August, but dollar demand from public sector banks capped its gains, traders said.

Read this | Green revolution 2.0: Why India needs an integrated energy policy Meanwhile, India holds its position as the world’s fourth-largest renewable power capacity, trailing only China and Brazil among emerging economies, excluding hydropower plants. Also read: The rooftop eclipse on India’s solar ambitions India also aims to power half of its energy capacity with renewables by 2030, a goal supported by encouraging progress.

market regulator intends to expand the scope of its sustainable finance framework to include more products, a potential boost to ESG-labeled instruments in Asia. The Securities and Exchange Board of India will consult on introducing social bonds, along with sustainable and sustainability-linked bonds, to the current suite of environmental, social and governance debt. Plans also include adding eligible asset-backed securities and a requirement for independent external reviews of all ESG debt, according to a consultation paper released Friday.

₹40,000 segment. Although the V40 features a less powerful processor compared to its rivals at this price range, it compensates with ZEISS-supported optics, an IP68 rating, and a substantial 5,500 mAh battery, all within a sleek design.Vivo V40 boasts a 6.78-inch 1.5K AMOLED display with a peak brightness of 4500 nits, a 120Hz refresh rate, and a 480Hz touch sampling rate.

The Organisation for Economic Co-operation and Development (OECD) suggests that approximately 20 PISA (Programme for International Student Assessment) points are equivalent to a year of learning. By this metric, India was 12 years behind China in mathematics, science and reading abilities the last time India took the PISA test in 2009.

BEIJING — The U.S. and China last week signed agreements for cooperating on financial stability, according to a People's Bank of China readout Monday.

trade war between the world's two largest economies, Easy Signs would now be hiring dozens of workers at its factory in Allentown, Pennsylvania. It would be readying plans to build a second plant somewhere out West — Salt Lake City was a contender — generating another 100 jobs. Based in Australia, Easy Signs manufactures banners and marketing installations for corporate events, using huge printers to press logos and slogans onto rolls of cloth. Its American business has been growing 70% a year. Still, the company is putting off an expansion. Its cloth signs are displayed on aluminum stands made in China. Those products are now subject to a series of tariffs reaching as high as 365% under a policy set in motion by former President Donald Trump and continued by the Biden administration in the name of protecting American industry from Chinese government subsidies.

Ukraine, the External Affairs Ministry said today. It will be Modi's first trip to the war-torn country since its conflict with Russia and about a month after he met President Vladimir Putin in Moscow. Details of the trip will be shared later in the day, Reuters reported quoting the foreign ministry. Modi is expected to visit Ukraine between August 21 and 23, ET had reported earlier. It comes just over a month after Modi visited Russia and Austria. Western capitals have imposed sanctions on Moscow following its invasion of Ukraine in 2022, but friendly nations such as India and China have continued to trade with it.