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Another mission specialist who worked with the company that owned the Titan submersible that imploded last year while on its way to the Titanic wreckage is scheduled to testify before a U.S. Coast Guard investigatory panel Friday

«The focus on exports is clearly very strong from the government side, as well as the country is doing well, the economy is doing well and one of the key ingredients of the forecasted growth over the next five to seven years is the exports component and that is what we are looking at to target and specifically the companies that are exporting and likely to do well on the export side over the next five to seven years,» says Venugopal Manghat, HSBC Asset Management. First, I want to talk a little bit about this Export Opportunities Fund, the NFO. Tell us a little bit more about it as to what the rationale and the theme is. Venugopal Manghat: This is focused on the export opportunities from India. So, we are looking at a universe of stocks or companies that would be having exports revenues of more than 20%.

logistics cost will come down to single-digit within the next five years as the country builds a network of world-class highways and expressways, road transport and highways minister Nitin Gadkari said on Thursday. Addressing the 'Deloitte Government Summit', Gadkari said the ministry is constructing several highways and expressways which will help reduce India's logistics cost. «I am confident that within five years our logistics cost will be in single-digit,» he said. The reduction in logistics costs is crucial to enhance India's economic efficiency and global competitiveness.

Swati Dhingra was the only member who did not want to keep rates at 5%, voting instead for a second 25 basis point cut. This follows the first rate cut from the BoE since August, which had been an incredibly close, split decision with five to four members in favour. Additionally, the MPC unanimously voted to reduce the stock of UK government bond purchases by £100bn over the next 12 months, bringing the total to £558bn. UK inflation holds firm at 2.2% as Bank of England decision beckons Andrew Bailey, governor of the Bank of England, said: «Inflationary pressures have continued ...

John Chambers, who heads the India US Strategic Partnership Forum and is Chairman Emeritus of CISCO is highly optimistic about the future of the Indian economy, the current share market situation and the growth of innovation in the country. In an interview with ET, Chambers discusses the upcoming US elections, PM Modi’s third term and prospects of Indian and US companies working together in the coming years.

oil market has changed in a year and will influence the way India negotiates its annual crude purchase deals for next year as the country is witnessing fuel consumption growth while global demand is forecast to be weakening, a petroleum ministry official said. “When we sit down with them (suppliers) in December or January, for both sides the negotiating positions would be very different from what they were last year,” said the official, who didn't want to be named. “The market of December 2024 is not the market of December 2023.” “What has changed in the market is that whether it’s IEA or OPEC, they are bringing down their estimates for world demand,” he said, adding that India was in a different position as it is experiencing a demand increase.

National Bank of Canada is reinforcing its presence in Montreal with the opening of a statement-making head office as it looks to expand dramatically outside of the French-speaking province.

Hong Kong's air safety authority has found that a defect in an engine component of a Cathay Pacific Airways Airbus A350 that forced a Zurich-bound flight to return to Hong Kong could have caused “extensive damage” to the aircraft

A mission specialist for the company that owned the Titan submersible that imploded is scheduled to testify before the U.S. Coast Guard

Subscribe to enjoy similar stories. I am writing this from a seaside cafe on the Greek island of Paxos. I’ve just ordered a freddo cappuccino.

Subscribe to enjoy similar stories. Breakout stocks to buy or sell: After showing range-bound action in the last few sessions, the Indian stock market shifted into high volatility on Wednesday. The Nifty 50 index lost 41 points and closed at 25,377, the BSE Sensex shed 131 points and finished at 82,948, and the Bank Nifty index ended 561 points higher at 52,750.

liquor vends, increase shop operation timings by three hours, introduce low-priced liquor at ₹99 or less, establish premium stores in 12 cities and encourage microbreweries to increase annual excise revenue by over ₹2,000 crore and streamline sales. Andhra Pradesh Cabinet on Wednesday approved a new liquor policy, which would mean state government's exit from liquor sale and retail privatisation. The vends will be allotted to private players through a draw of lots. The government has decided to earmark 10% of vends for toddy tappers. The policy was finalised by a Cabinet sub-committee, which included ministers Kollu Ravindra, A Satya Kumar, Nadendla Manohar and Kondapalli Srinivas.

The federal government is again cutting how many international student permits Canada will issue, this time for 2025 and laying out the plan for 2026, Immigration Minister Marc Miller and Labour Minister Randy Boissonnault announced Wednesday.

Qualcomm lost its bid to get a European Union antitrust penalty thrown out after a top court largely rebuffed the technology company’s arguments in the case involving cellphone chipsets

MrBeast is accused of creating “unsafe” employment conditions and misrepresenting contestants’ odds at winning his new Amazon reality show’s $5 million grand prize

Subscribe to enjoy similar stories. Finance minister Nirmala Sitharaman on Wednesday launched NPS Vatsalya Yojana to give an early head-start to children to save for retirement. Parents can open an account for their child from birth to up to 17 years of age.

The first photo of the Titan submersible wreck has been released to the public, showing a large portion of the hull sticking upright on the ocean floor, thousands of metres below the waves.

Jai serves as the Asia Desk Editor for Cryptonews.com, where he leads a diverse team of international reporters. Jai has over five years of experience covering the web3 industry.

Subscribe to enjoy similar stories. BEIRUT—A picture began to emerge Wednesday of a highly complex attack carried out by Israel, after thousands of pagers carried by members of Lebanese militant group Hezbollah exploded around the same time a day earlier. Many of the affected pagers were from a new shipment that Hezbollah had received recently, part of a nearly yearlong process to swap out older devices.

Qualcomm lost its bid on Wednesday to get a European Union antitrust penalty thrown out after a top court largely rebuffed the technology company's arguments in the case involving cellphone chipsets. The European Union's General Court said it was rejecting most of Qualcomm's appeal against the 242 million euro ($269 million) fine that the bloc's regulators issued in 2019, accusing the company of "predatory pricing" to drive a competitor out of the market. The European Commission, the 27-nation bloc's executive branch and top antitrust enforcer, said five years ago that Qualcomm abused its market dominance in 3G baseband chipsets, selling them below the cost of production to force startup Icera out of the market a decade prior.

INDIA bloc would soon form Government at the Centre, Karnataka Chief Minister Siddaramaiah claimed on Wednesday as he predicted that the ruling NDA will not complete its five-year term.He also lashed out at the BJP over the recent statements of its leaders targeting former Congress President Rahul Gandhi. «BJP leaders are issuing threats to Rahul Gandhi as BJP faced a setback in Lok Sabha polls.....We have reached 100 (seats), we will soon form a government, (Prime Minister) Narendra Modi will not complete five years. I don't believe in predicting the future, but I'm still saying it based on the political developments,» Siddaramaiah said. «Looking at the political developments taking place in the government (at the Centre) — see with the support of JD(U) and (N) Chandrababu Naidu (of TDP), he (Modi) is surviving (as PM). They may withdraw support any moment, what will happen then?», he said at a press conference at his home-office 'Krishna.'