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Subscribe to enjoy similar stories. New Delhi: US President-elect Donald Trump’s pre-election threat of stepping up import tariffs could translate into an opportunity for India to capture a larger share of the US market in the medium term as it could accelerate the re-orientation of global supply chains away from China, federal policy think tank NITI Aayog member Arvind Virmani said in an interview. Trump had proposed during his campaign an additional 10% import tariff on all goods imported into the US and a 60% tariff on goods from China.

Subscribe to enjoy similar stories. New Delhi: After an extension and over two weeks of intense negotiations, the 29th UN climate change conference or COP29 in Baku finally reached a consensus on a new collective quantified goals (NCQG) on climate finance but disappointed developing countries with only $300 billion per year by 2035 as against a required $1.3 trillion.

Subscribe to enjoy similar stories. India’s insurance industry, long seen as an underpenetrated yet promising market, is poised for a major transformation with the government’s proposal to permit 100% foreign direct investment (FDI) in insurance companies and introduce composite licences. These reforms, if implemented effectively, could catalyze significant changes in the sector, attracting fresh capital, improving competition, and enhancing accessibility for consumers.

Bryan Johnson has stated he will be visiting Mumbai and Bengaluru in December in a bid to spread awareness about his book and community, «Don't Die,» aimed at defeating mortality and promoting prosperity. The millionaire made this announcement on social media platform X, formerly known as Twitter. What surprised people that the tech entrepreneur mentioned model and reality TV star Poonam Pandey in his post and also tagged her. Bryan Johnson stated that she is the only one in India who truly believes in his idea. ALSO READ: Tech millionaire Bryan Johnson's face ‘blows up’ after anti-ageing experiment goes horribly wrong. See pics

finance sector, it fell to a seven quarter low of 4.8% in the September quarter. It was 5.7% in the previous quarter and 5.4% in the year-ago quarter. The ratio is calculated as profit before interest and tax (PBIT) divided by interest outgo. It reflects the ease with which a company can cover interest expenses or service debt; a higher ratio is desirable. “Interest costs have risen sharply year-on-year due to higher (interest) rates and working capital requirements,” said Deepak Jasani, retail research head, HDFC Securities. For the sample, interest cost increased at a three quarter high of 7.2% year-on-year in the three months to September at a time when the aggregate top line growth was at a three quarter low of 4.9% amid lower government expenditure due to elections and flood situations in various parts of the country during the monsoon season. In addition, raw material costs as a percentage of revenue increased to 35.1% from 34% in the year-ago quarter. This affected EBIT, which fell by 4.9% year-on-year. It in turn weakened the interest coverage ratio for the quarter.

bribery allegations against the conglomerate’s billionaire founder and other top executives. The US International Development Finance Corp. hasn’t reached a final agreement on the loan, an official said in an emailed response to questions. “We continue to conduct due diligence to ensure that all aspects of the project meet our rigorous standards before any loan disbursements are made,” the official said. “The project has not reached financial close or signed a loan agreement.”

Kanwal Sibal argued on Sunday that these allegations represented an extraterritorial application of US laws. In a post on X, Sibal argued that simply because some money was raised in the US by a company and that company allegedly paid bribes in India, it cannot be argued that the principal cause of action lies in the US. «Have US investors lost financially or morally?» Sibal questioned.

IPL 2025 auction as teams went hard for them on Sunday in Jeddah. Several pacers and spinners went for more than Rs 10 crore. Indian veteran spinner Yuzvendra Chahal and pacer Arshdeep Singh were sold for Rs 18 crore each to Punjab Kings. Other experienced Indian players like Mohammed Shami and Mohammed Siraj also saw their pockets swell with Rs 10 crore and Rs 12.25 crore respectively. Australian pacer Josh Hazlewood was sold to Royal Challengers Bengaluru at Rs 12.50 crore. Further, Indian legend Ravichandran Ashwin returned to for Rs 9 crore and will partner his spin-twin in Tests, Ravindra Jadeja.

«Odisha has always been a land of seers and scholars. The way the scholars here took our religious texts to every household and connected the public with those, it has played a crucial role in the cultural prosperity of India. »There was a time when India's eastern region and the states there were called backward. However, I consider India's eastern region as the country's growth engine. That is why we have prioritised the development of India's eastern region," he said.

non-communicable diseases such as diabetes, hypertension, thyroid, Parkinson’s and Alzheimer's remain a growing challenge due to reliance on expensive, reactive care, healthcare experts suggest building a community healthcare system and ‘operating at scale’ in rural and urban areas to help India pave the way to Universal Health Coverage (UHC). Swami Subramaniam, Physician Scientist, and Aparajithan Srivathsan, hospital strategist, spoke to ET on the sidelines of a discussion of their new book in which the duo has proposed seven principles to make UHC a reality in the country. Underlining some of the challenges in the current system, the book highlighted that “Primary healthcare in its current form is in its death throes. For its revival, it should be transformed into a new version called Comprehensive Health Care.” To strengthen the community healthcare system, India needs to think beyond traditional methods and “apply industrial concepts,” Srivathsan said, while adding, “Currently, ASHA workers, though involved in project-based interventions, are not equipped for continuous monitoring, as non-communicable diseases require long-term, consistent care. Therefore, a dedicated cadre of trained health workers is essential, and NGOs are stepping in to fill this gap."

Reserve Bank of India’s gold purchases has helped the central bank to hold up foreign exchange reserves amidst a huge pullout by foreign portfolio investors that saw reserves contracting by $47 billion in five weeks. While the value of foreign currency assets dipped $1.1 billion on an incremental basis since the beginning of the fiscal 2024-25 upto November 15, value of gold in reserves rose $13 billion in the same period and help shore up overall foreign exchange reserves by $11 billion, the latest Reserve Bank of India data shows. Reserves including gold, foreign currency assets and SDR are now at $ 658 billion. The central bank added 44.76 tonnes to its stock of gold between March 29 and October 25 this year, ramping up gold stocks from 822.09 tonnes to 866.65 tonnes during the period according to the latest Reserve Bank of India data.

Chennai Super Kings have resigned Rachin Ravindra for Rs 4 crore in the in the IPL 2025 auction on Sunday at Jeddah. The New Zealand all-rounder was first bought by Punjab Kings for Rs 3.2 crore, but CSK used the RTM and the bid was increased to Rs 4 crore to which CSK agreed.

Kejriwal on Sunday emphasised his government's developmental achievements and pledged to complete unfinished projects if re-elected in the upcoming Delhi Assembly polls due early next year. Addressing a gathering at a wrestling event in Karala village of Mundka, the Aam Aadmi Party (AAP) leader claimed, «The kind of work that has taken place in Delhi has not happened anywhere else in the country.» Kejriwal announced that India's largest sports university, with an estimated cost of Rs 2,100 crore, will be constructed in Mundka. «This will be a milestone in Delhi's journey toward becoming a hub for sports excellence,» he said.

multi barrel rocket launchers (MBRL), India has started the supply of the highly capable Pinaka rockets to Armenia. The supplies of the DRDO-developed rocket launchers have started around the same time India has started deliveries of the Akash air defence missile system to that country. The first lot of the Pinaka multi barrel rocket launcher systems has been supplied to Armenia, defence sources told ANI.

Priyanka Gandhi Vadra has not only deepened the Congress, and by extension, UDF’s footprint in the Lok Sabha constituency spread across three districts, but has, in the process, cut into INDI ally LDF’s votes. The sharp differences between the CPI(M) and CPI local leaders and cadre and a lightning campaign by the 52-year-old MP-elect has helped the UDF widen its gap with its closest rival. Throughout her less than three-week campaign, Vadra consciously projected herself as the UDF nominee and less as a Congress leader. UDF’s constituent, the Indian Union Muslim League (IUML), has a huge clout across the seven assembly segments in Wayanad LS seat. This combined with Vadra’s appeal helped the Congress turn in its best performance with a 65% vote share, higher than Rahul Gandhi’s 2019 record.

«In China, while the factory to export take-off from the cargo terminal is achieved on Day 1, in India, the export take off happens only by Day 2. This is a glaring chasm especially when seen in the context of the volume of exports which in the case of China is more than 30 times electronics output (USD 959 billion) compared to India (USD 29 billion) in 2023,» Mohindroo said. Electronics is already India's largest export in air cargo while it's ranked third overall behind engineering and petrol.

Virat Kohli scored his 81st international century against Australia during the first Border-Gavaskar Trophy at Perth's Optus Stadium on Sunday. Virat slammed his first Test century in SENA (South Africa, England, New Zealand and Australia) conditions in almost six years, breaking the Test ton curse at Perth with an unbeaten knock that witnessed him play plenty of 'Vintage Kohli' shots. His last ton in SENA came in December 2018 in Australia, at the same venue Taking to X after his century, South Africa's batting legend AB de Villiers called Virat as the 'Greatest of All Time (GOAT)'.

Subscribe to enjoy similar stories. The first legal challenge to generative artificial intelligence models in India surfaced last week when news agency ANI filed a lawsuit against OpenAI in the Delhi High Court alleging copyright infringement. In this case, a first-of-its-kind in India, New Delhi-based ANI has accused the San Francisco-headquartered creator of ChatGPT of using ANI’s copyrighted content to train its language models.

The wicketkeeper-batsman was sold for a price of Rs 14 crore, outdoing the previous bid of Rs 13.75 crore by Chennai Super Kings. Former Lucknow Super Giants captain KL Rahul became a part of the Indian Premier League (IPL) mega auction with a base price of Rs 2 crore, having been released by Lucknow Super Giants, owned by Sanjiv Goenka.

Google Research India head Manish Gupta has disagreed with Infosys chairman Nandan Nilekani's comments that ‘India should not invest in building foundational models.’ Gupta, speaking at the Bengaluru Tech Summit held between November 19-21, firmly disagreed with Nilekani and said, “There’s a technologist that I deeply respect, Nandan Nilekani, who made this statement: India should forget about foundation model building, just focus on the use cases. And I would say, with the person I respect, I respectfully disagree.” Nilekani is credited with helming world's largest unique identity programme with Aadhaar. The Google research head countered, saying India should invest in foundational AI models or Large Language Models (LLMs). “I think he’s (Nandan Nilekani) wrong because he’s not preaching what he has practised. What he did, he revolutionised India’s technology landscape by starting with the basics for Aadhaar. He didn’t start with use cases. He started with foundations. So, I think we must start with foundations.”

Rajasthan Royals have had excellent performances in last three seasons and is not surprising that the team has retained six players ahead of the mega auction. It was also the only team that distributed the money exactly how the IPL governing body had first prescribed — Two players for Rs 18 crore, two players for Rs 14 crore and one player for Rs 11 crore. The uncapped player was also retained for Rs 4 crore.