Month: May 2025

[ad_1] This is an AI-generated image, used for representational purposes only. NEW DELHI: India’s manufacturing sector accelerated to its strongest pace in 10 months in April, fuelled by a surge in export orders and robust output growth, even as firms raised selling prices at the fastest rate in over 11 years, Reuters reported on Friday.The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 58.2 in April from 58.1 in March. Though slightly below the flash estimate of 58.4, the April figure marks the best performance since June 2024. A PMI reading above 50 indicates expansion.Export orders rose at their second-fastest pace in over 14 years, surpassed only by January 2025, as businesses increasingly turned to India amid shifting global trade patterns and fresh US tariff measures. "The notable increase in new export orders in April […]

[ad_1] US vice president JD Vance has delivered a blunt message on the India-US trade front, branding Prime Minister Narendra Modi a "tough negotiator" who has long leveraged America to his advantage. Yet, Vance signalled a decisive shift: the US is determined to "rebalance" this trade relationship, with India poised to be among the first nations to clinch a deal that could halt the looming threat of reciprocal tariffs. Speaking to Fox News, Vance revealed that "good negotiations" are underway, underscoring the urgency and high stakes of the talks amid President Donald Trump's aggressive tariff policies. "Modi drives a hard bargain - that's why we respect him," Vance said, while making clear that Washington is no longer willing to be taken for granted.On whether India would be the first trade deal coming through, Vance said: "I don't know if it'll […]

[ad_1] Zoho has put a stop to its year-long effort to invest $700 million in chip manufacturing, the company's co-founder and chief scientist Sridhar Vembu has said. While a report by news agency Reuters reported that the software company Zoho struggled to find the right technology partner who could provide guidance on the complex processes involved in making chips, Vembu said that they did not have “confidence in the tech” so they shelved the idea.“On our semiconductor fab investment plan, since this business is so capital intensive it requires government backing, we wanted to be absolutely sure of the technology path before we take taxpayer money,” Vembu said in a post on X“We did not have that confidence in the tech so our board decided to shelve this idea for the time being, until we find a better tech approach,” […]

[ad_1] File photo of India and Pakistan players after the Champions Trophy clash in the UAE. The ongoing cross-border tension between India and Pakistan, and now Bangladesh too, could well disrupt the cricket calendar in the sub-continent. The Indian cricket team is scheduled to tour Bangladesh for a limited-overs series, three ODIs and three T20Is, in August but the recent developments could make the tour an unlikely event."The tour is part of the calendar but nothing is final yet. There is a bright possibility of India not touring Bangladesh for the ODIs and T20Is because of the current situation," says a source tracking developments.Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW!A retired Bangladesh army officer, very close to the current interim government, stirred a major controversy when he suggested the occupation of India's northeastern states. In a statement […]

[ad_1] Ajay Devgn's 'Raid 2' which also stars Riteish Deshmukh and Vaani Kapoor had a huge opening day number. The film surpassed expectations and turned out to be the second highest opener of the year after Vicky Kaushal's 'Chhaava'. The movie had good advances booking ticket sales and benefitted from the holiday in Maharashtra on May 1 which is observed as Maharashtra day.Raid 2 Movie ReviewRaid 2 box office collection on day 2 (Friday)The film collected Rs 19.25 crore on day 1, according to Sacnilk. This is the second highest opening day number of the year. Vicky Kaushal's 'Chhaava' had made Rs 31 crore on Day 1. But this number from 'Raid 2' is commendable and with positive word of mouth, the collections may grow over the weekend. This opening day number of 'Raid 2' is almost double of the […]

[ad_1] NEW DELHI: The Delhi court on Friday issued notice to former Congress president Sonia Gandhi and Lok Sabha leader of opposition Rahul Gandhi in relation to the National Herald money laundering case.On April 25, a Delhi court had temporarily refused to issue notices to the leaders over the case, asking the Enforcement Directorate to "bring more relevant document and cure the defects". “We don’t want this order to be prolonged. Let notice be issued.” The matter has been scheduled for hearing on May 2.ED filed chargesheet in the National Herald money laundering case on April 9, marking a step toward initiating criminal charges and trial against former Congress president Sonia Gandhi and Lok Sabha opposition leader Rahul Gandhi. The case involves alleged proceeds of crime amounting to Rs 5,000 crore. According to the agency sources, the chargesheet names five […]