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20.03 / 13:13
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Over Rs 22 crore incurred on PM Modi's visit to US in June 2023: Govt tells Parliament
Leader of Opposition in the Upper House Mallikarjun Kharge asked the government the total expenditure incurred by Indian embassies on arrangements for the prime minister's foreign visits in the past three years. He also asked for visit-wise details of expenses under major heads such as hotel arrangements, community receptions, transport arrangements and other miscellaneous expenditures among others. The data on country-wise expenditure on foreign visits by the prime minister, including the expenditure on official, accompanying, security and media delegations, in 2022, 2023 and 2024 was shared in a tabulated form in his response. According to the data, an expenditure of Rs 22,89,68,509 was incurred on the visit of the prime minister to the US in June 2023, while the expenditure incurred was Rs 15,33,76,348 on the September 2024 visit to the same country.
20.03 / 08:37
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electronic
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India's 'AI for All' mantra backed by concrete action: Commerce and IT MoS Jitin Prasada
AI for All' mantra is backed by concrete action with the country leading in AI skill penetration and talent concentration, Union Minister Jitin Prasada said on Thursday as he urged industry leaders to prioritise research and development (R&D) to capitalise on India's position as a global skill capital. Prasada, Union Minister of State for Ministry of Commerce & Industry and Ministry of Electronics & Information Technology, was delivering a keynote address at the Nasscom Global Confluence 2025. «Our mantra 'AI for All' is backed by concrete action. India is number one in the world in AI skill penetration — the AI skill index even outstrips the US and Germany. »It's just not about numbers, it's about impact. As nations across the globe embrace digitalisation to modernise traditional sectors and fuel economic growth, India stands ready to be a strategic technology partner," the minister asserted.
20.03 / 07:45
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France to develop new nuclear air base armed with Rafale F5s, hypersonic missiles
Rafale fighters armed with hypersonic nuclear missiles by the middle of the next decade to counter what it believes is the Russian threat from the east. Just days after proposing a nuclear umbrella to Europe in the event of US President Donald Trump withdrawing from the NATO military alliance, French President Emmanuel Macron on March 18 announced that an air base near the German border will have Rafale F5 combat jets armed with Air-Sol Nucleaire de 4eme Generation (ASN4G) hypersonic nuclear missiles. «By 2035, Luxeuil-Saint-Sauveur Air Base will be the first base to host the latest version of the Rafale fighter jet with a hypersonic nuclear missile, symbolising the renewal and modernisation of our nuclear deterrent forces that has begun.
20.03 / 06:23
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In voyage to make US great again, is Trump disrupting the great American dream?
Immigration Native Americans represent only 2% of the U.S. population, with the rest of the population having an immigration story. Trump himself has German ancestry on his father’s side, Melania is from Slovenia, Vice President JD Vance has Scots-Irish roots, and his wife is of Indian origin. America has always been a «melting pot,» attracting talent from around the world. The American dream has allowed for success stories like that of Arnold Schwarzenegger, an Austrian bodybuilder who became a leading actor and later California governor. What’s Changed?
20.03 / 04:57
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Software
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Nvidia is going big on quantum computing, and it isn’t going it alone
Subscribe to enjoy similar stories. Nvidia announced its plans to construct a quantum computing research center on Tuesday, with the chip maker pledging to solve some of the field’s “most challenging problems" by coupling quantum hardware with supercomputers. The Nvidia Accelerated Quantum Research Center, or NVAQC, will pave the way for “accelerated quantum supercomputing," the company said.
19.03 / 14:07
Cooper
Extreme
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Strategy
innovations
prevention
Colleges
India-EU brainstorm on preventing & countering violent extremism
Raisina Dialogue. Opened by EU Ambassador to India Hervé Delphin, the workshop was organized in cooperation with the Embassy of the Netherlands.
19.03 / 11:29
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Fitch lowers world growth forecast amid tariffs chaos
Subscribe to enjoy similar stories. SYDNEY : Fitch Ratings has added its name to a slew of prominent forecasters downgrading the outlook for world economic growth and push up its expectations for U.S. inflation, highlighting rising concerns about the erratic nature of U.S.
19.03 / 06:32
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Boxing
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US market seems more affected by tariff scenario; Fed likely to maintain status quo: Ed Yardeni
Ed Yardeni of Yardeni Research, says the US stock market has weakened since the middle of February as the Magnificent Seven have declined by about 15% since the beginning of the year. But other stock markets have actually done well. Germany, China. India seems to be stabilising. Money already has been going global. It has left the United States and that may continue to be the case. It is as though the stock markets are saying that the tariff situation is going to be worse for the US than for the rest of the world. But the markets are also saying that the US has been expensive What is your expectation from the Fed this time, a status quo? Ed Yardeni: Status quo. Nothing different from everybody else. The Fed has communicated that they are in no hurry to ease. I view that as a fundamentally dovish stance because the alternative would have been to say there is no hurry to do anything. In which case, the message would be rates could be here for a long time, not going up, not going down. But they have been saying over and over again that they are in no hurry to ease, so they are clearly thinking about lowering interest rates and depending on how this tariff turmoil turns out there may be a weak enough economy out there that they will ease. The problem is they may also get some inflation out of tariffs. So, they could really be boxed in and really be in no hurry to do anything for a while.
19.03 / 02:05
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Yen steady, dollar dithers as traders await BOJ, Fed decisions
Bank of Japan (BOJ) and the Federal Reserve later in the day. Overnight, Israeli airstrikes pounded Gaza and killed more than 400 people, U.S. President Donald Trump and Russian President Vladimir Putin failed to reach an agreement on a Ukraine ceasefire and Germany's outgoing parliament approved plans for a massive spending surge.
18.03 / 21:33
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Ukraine open to energy ceasefire, but Volodymyr Zelensky demands details from Donald Trump
Ukraine has signalled support for a U.S.-proposed pause in attacks on Russian energy infrastructure. The agreement, backed by Washington and Moscow, follows a call between U.S. President Donald Trump and Russian President Vladimir Putin. Ukrainian President Volodymyr Zelensky, however, made it clear that Kyiv needed more details before making a final decision. «After we get the details from the U.S. president, from the U.S. side, we will give our answer,» Zelensky said in an online briefing. He added that Ukraine would honour the agreement as long as Moscow also adhered to it. «Our side will maintain it,» he stated, but stressed that the U.S. should act as «guarantors of control over the implementation.»
18.03 / 15:39
18.03 / 15:23
markets
Digital
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Siemens to cut 5,600 jobs in factory automation business
Siemens will cut 5,600 jobs from its flagship digital industries business, the German engineering company announced on Tuesday, saying it was adjusting its production capacity in line with weak demand. Siemens said «muted demand primarily in the key markets of China and Germany coupled with increased competitive pressures have considerably reduced orders and revenue in the industrial automation business» over the last two years. Global demand for automation technology is intact over the long term, Siemens said, but the company had to adjust its production capacity in line with market conditions. The job cuts were first flagged by Siemens last November, while in its latest quarter Siemens reported big drops in sales and profits at the division, as Germany, China and Italy all struggled. Digital Industries employs about 68,000 people worldwide, with 2,600 of the axed jobs coming in Germany.
18.03 / 11:07
markets
Waters
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President
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Why the US market may no longer be your best global bet
For years, Indian investors looking to diversify globally have had a singular focus—the US. And why not? The past decade saw US equity markets outperform all others, delivering a compounded annual growth rate (CAGR) of more than 19% in USD, largely fuelled by a booming tech sector.
18.03 / 09:01
UPS
Digital
Align
War
information
reports
Are Russia and China waging a 'digital war' against the West?
digital arsenals" to interfere in Western democracies, while their messaging around the war in Ukraine had become increasingly aligned. «Foreign information manipulation and interference is a major security threat to the EU,» foreign policy chief Kaja Kallas said in a report. «We must not underestimate the power that this has over us, or the intentions of those behind it.» In its latest annual report on the subject Brussels said that last year it tracked disinformation attacks against over 80 countries and more than 200 organisations. The war in Ukraine remains a major target for Russia — but events such as the Olympics in Paris, elections in Moldova and farmers' protests in Germany were also in the crosshairs.
18.03 / 08:41
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Deregulation: Relieve businesses of relics from India’s command economy
Subscribe to enjoy similar stories. A recent report by an investment bank says that the three biggest areas of focus on the economic-policy front for the Indian government right now are striking bilateral trade deals, stepping up investments in strategic industries such as semiconductors and reducing the burden of regulation on firms as well as citizens. The new Economic Survey written by officials in the finance ministry made a compelling case on how a surfeit of outdated regulations hold back the growth of firms, especially smaller enterprises that drive job creation.
18.03 / 02:09
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Dollar stuck near 5-month low, struggles to shake off growth concerns
euro and other major peers on Tuesday as investors grappled with the potential economic impact of growing global trade tensions. Fears that U.S. President Donald Trump's aggressive tariff policies could trigger a broader economic slowdown has undermined the greenback amid a string of soggy sentiment surveys.
17.03 / 19:47
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Audi announces massive job cuts, sends big message to luxury car industry
Audi said Monday it will cut 7,500 jobs by 2029 in Germany, citing «immense challenges» as the country's auto industry battles slowing electric vehicle demand and rising Chinese competition. The cuts — amounting to about eight percent of Audi's global workforce — were aimed at boosting «productivity, speed and flexibility» at its factories in its home market, the manufacturer said. «The economic conditions are becoming increasingly tougher, competitive pressure and political uncertainties are presenting the company with immense challenges,» Audi, a subsidiary of Volkswagen, said in a statement. It is the latest bad news from the ailing auto sector in Europe's biggest economy, which has been hit hard by a stuttering shift to electric cars, fierce competition in key market China from local rivals and weak demand. Audi, headquartered in the Bavarian city of Ingolstadt, said the cuts would be in areas like administration and development and be carried out in a «socially responsible» manner, meaning there would be no compulsory redundancies.
17.03 / 12:47
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UPS
Action
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International
S&P 500 falls behind for the first time in years: Donald Trump’s policies backfire as foreign stocks surge while S&P 500 slumps 6%; Europe and China now outpace U.S.
The S&P 500 down 6% since his inauguration as investors are withdrawing funds from the US and investing them in stocks abroad, reported New York Times.
17.03 / 09:01
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Trade
President
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European shares little changed on trade war jitters
shares were largely unchanged on Monday as investors started the new trading week with slight caution around the escalating trade war, while focus remained on the week's upcoming parliamentary vote on Germany's debt reform deal. The pan-European STOXX 600 was up 0.1% as of 0812 GMT. The index climbed 1.1% on Friday after Germany's political parties agreed on a historic deal to ramp up state borrowing to fund defence and infrastructure investment.
17.03 / 06:49
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International
Countries that offer extended Work Visas for international graduates
work visas give you that freedom—allowing you to stay, work, and even eventually settle in the country where you earned your degree. For many Indian students, this promise is a game-changer. Let’s explore some top destinations that offer extended work visas and see how they can help you launch a global career. The UK Advantage: A Stepping Stone to Global Success The United Kingdom’s Graduate Route Visa allows international graduates to remain in the country for two years after completing their studies—with an extension to three years for PhD holders. This generous timeframe gives you ample opportunity to gain work experience, build professional networks, and transition into a career in one of the world's most dynamic economies. With its renowned research institutions, diverse cultural scene, and world-class companies, the UK remains a highly attractive destination for graduates aiming to make an international impact. Germany: Precision, Innovation, and a Launchpad for Global Careers
17.03 / 02:05
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Dollar on back foot as economic worries sap confidence; yuan firms
trade policies and a run of soft macroeconomic data. The euro stood not far from a five-month peak after German parties on Friday agreed on a fiscal deal that could boost defence spending and revive growth in Europe's largest economy.
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