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Subscribe to enjoy similar stories. Right, as the world goes, is only in question between equals in power, while the strong do what they can and the weak suffer what they must"—Thucydides. Nothing describes the evolution of the Westphalian system of ‘nation states’ that humanity has adopted better than Thucydides’ pithy observation in his Melian Dialogue.

Subscribe to enjoy similar stories. Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.

Subscribe to enjoy similar stories. On 13 December, Friday, the trend remained choppy, but the bulls survived the onslaught of the bears and forge ahead as we near the mid of the month. The supports of 24,600 mentioned were broken decisively only to be regained quite quickly.

Airbus has picked up over 650,000 sq ft office space in a commercial tower in Bengaluru’s Whitefield through a long-term lease of 10 years to set up its global capability centre (GCC), supporting innovation and technology development-related strategic initiatives worldwide, said persons with direct knowledge of the development. The European multinational company will be paying rentals of over Rs 500 crore for this new office space in an entire building of Titanium Tech Park through the lease term. The deal has provision for future scalability to accommodate growth with an additional 150,000 sq ft that can be exercised after a year, taking the total space to 800,000 sq ft. The clause for lease tenure also includes an option to extend the same by an additional five years, making it a 15-year deal.

IREL) has signed an agreement with a Kazakhstan-based company to develop the titanium value chain in India by harnessing the potential of rare-earth minerals in the coastal parts of the country. The joint venture between IREL (India) Limited and Ust-Kamenogorsk Titanium and Magnesium Plant JSC (UKTMP JSC) proposes to convert low titanium oxide (TiO2) ilmenite produced in Odisha to titanium slag, which is in great demand in the aerospace and defence sectors. «The setting up of this JV plant is expected to catalyse the establishment of chloride pigment/Ti Slag/sponge manufacturing industry, which has been hindered by non-availability of high TiO2 feedstock,» Minister of State in the Prime Minister's Office (PMO) Jitendra Singh told the Rajya Sabha in a written reply to a question.

manufacturing of various products, including mobile and information technology hardware, helped India achieve scale in the final assembly of electronics products. Experts believe that as India harbours ambitions to establish itself as the electronics manufacturing hub of the world, the country's next step is to go deeper into the supply chain and work on increasing the domestic value addition. The percentage of local value addition should increase from 18-20% to 40% within the next five years, they added. Another crucial step, most experts and industry groups believe, is to have a scheme which will help develop from scratch the near-absent domestic electronic component supply base in India.

capital expenditure, including on research and development (R&D), to make their products as well as manufacturing processes sustainable and environment friendly, as these factors are becoming crucial for both consumers and investors. Companies increased their capex up to nine times in the past three financial years, and on R&D by up to four times, to specifically make products and manufacturing processes sustainable, according to an ET study of 15 leading publicly traded companies across fast-moving consumer goods (FMCG), automobile and electronics sectors. For a few companies, expenditure went up on both counts. «Consumers nowadays, especially the younger generation, are extremely conscious about sustainability and prefer to buy brands who develop sustainable products and use sustainable manufacturing processes,» said Pradeep Bakshi, managing director of Tata-owned appliance manufacturer Voltas. «Even for business-to-business deals, this has become a benchmark.»

Priced at half that of their imported counterparts, the Indian toy doesn’t just match but “rivals the foreign brands feature-for-feature”, exclaim the Shettys. The kids, who got to add to their treasure trove of mostly imported dart blasters, are happy too. That is the sweet spot that India’s reviving toy industry has captured, and in a rather quick time too. In just four years, India has cut toy imports from China, a nation that has long dominated the global market, by an impressive 80%. A mix of high tariffs and stringent quality checks helped. Between FY20 and FY24, India sharply increased customs duty — from 20% to 70%. It also enforced the Quality Control Order (QCO), a regulation mandating stringent safety standards for all toys, whether domestically produced or imported. Result: In FY20, India had imported Chinese toys worth $235 million, a figure that plunged to just $41 million by FY24. It has also evolved into a net exporter of toys.

auto components industry has experienced robust growth in the first half of FY25, with a notable 11.3 per cent increase in its market size, according to Automotive Component Manufacturers Association (ACMA) report. The industry, which was valued at USD 36.1 billion in H1 FY24, surged to USD 39.6 billion in H1 FY25. Several trends have emerged in the market, with consumers shifting towards larger and more powerful vehicles across all segments. The demand for Utility Vehicles (UVs) in the Passenger Vehicle (PV) segment grew by 13 per cent, with UV1 models (ranging from 4000 to 4400 mm in length and priced under Rs 20 lakh) seeing a 25 per cent increase in sales.

Supreme Court for a year-round ban on firecrackers, aiming to mitigate air quality degradation and noise pollution. Seasonal restrictions, introduced annually during Diwali since 2017, have proven insufficient to address the capital’s pollution crisis. “We will do it permanently,” Senior Advocate Shadan Farasat, representing the Delhi government, told the court, highlighting the administration’s firm stance. Firecrackers release pollutants such as sulfur dioxide, nitrogen oxides, particulate matter, and heavy metals like cadmium and lead. These chemicals not only degrade air quality but also contaminate soil and groundwater.

China. The Biden administration was considering cutting off the sales of equipment used to manufacture semiconductors to three Chinese companies that the government had linked to Huawei, a technology giant that is sanctioned by the United States and is central to China's efforts to develop advanced chips. Applied Materials, KLA Corp. and Lam Research, which make semiconductor equipment, argued that the three Chinese companies were a major source of revenue. The U.S. firms said that they had already earned $6 billion by selling equipment to those Chinese companies and that they planned to sell billions more, two government officials said.

China. The Biden administration was considering cutting off the sales of equipment used to manufacture semiconductors to three Chinese companies that the government had linked to Huawei, a technology giant that is sanctioned by the United States and is central to China's efforts to develop advanced chips. Applied Materials, KLA Corp. and Lam Research, which make semiconductor equipment, argued that the three Chinese companies were a major source of revenue. The U.S. firms said that they had already earned $6 billion by selling equipment to those Chinese companies and that they planned to sell billions more, two government officials said.

primary market is sustaining the strong momentum seen throughout the year with 4 new IPOs opening for subscription next week. These include two in the mainboard segment from Mamata Machinery and Transrail Lighting. Apart from the new issue openings, the Street will see as many as 9 listings, of which three will be from Mobikwik, Vishal Mega Mart and Sai Life Sciences.

investment demand in 2025, according to ICICI Securities. There are signs of bottom formation and recovery in commodity prices such as cement, metals and oil, along with gross refining margins of oil companies, the brokerage said in a note to clients.

Subscribe to enjoy similar stories. When central banks like the Reserve Bank of India (RBI) reduce interest rates, borrowing becomes cheaper. Companies can then access loans at lower costs, enabling them to invest in new projects, expand operations, or fund innovation more effectively.

McKinsey & Company consulting firm has agreed to pay $650 million to settle a federal investigation into its work for opioids manufacturer Purdue Pharma, according to court papers filed in Virginia

Ambuja Cements, part of Adani Group firm, on Friday announced the commissioning of a 200 MW solar power project in Khavda, Gujarat, to supply green power to 20 cement plants. The Khavda project is part of Adani Cements' plan to have 1 GW of renewable power from solar and wind projects, along with 376 MW from WHRS (Waste Heat Recovery Systems). «The balance 806 MW capacity from this project is at various stages of commissioning and expected to start transmitting in phases between March 2025 and June 2025,» said a statement.

Subscribe to enjoy similar stories. U.S. manufacturers are stockpiling imported parts and raw materials in anticipation of President-elect Donald Trump imposing new tariffs next year.

A quarterly survey by Japan's central bank shows business sentiment among manufacturers has improved slightly, especially in major heavy industries such as automaking, fossil fuels and machinery

Hindustan Aeronautics Ltd (HAL) shares will remain in focus on Friday after the Ministry of Defence (MoD) announced a Rs 13,500-crore contract with the company to procure 12 Su-30MKI fighter aircraft. The deal, signed on Thursday, December 12, aims to bolster India's defence capabilities while promoting the ‘Aatmanirbhar Bharat’ initiative. The deal, valued at approximately Rs 13,500 crore, includes associated equipment and is inclusive of taxes and duties. The aircraft will feature a homegrown content of 62.6%, achieved through the indigenisation of numerous components manufactured by the Indian defence industry.

The chip, code-named Proxima, has been under development for several years and is now slated to go into the first iPhones and smart home devices produced in 2025, the report said, citing people familiar with the matter. The iPhone maker's in-house chips will be produced by Taiwan Semiconductor Manufacturing Co, the report added.