Airbus deepens India ties with new Mahindra fuselage skin contract
Airbus has awarded Mahindra Aerostructures Pvt Ltd a new contract to manufacture and supply fuselage skins for its A320 family of aircraft, in a move that strengthens India's growing role in the global aerospace supply chain.
Under the…
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India, Uzbekistan upgrade ties to strategic partnership, agree on uranium deal
India and Uzbekistan on Sunday elevated their bilateral relationship to a Comprehensive Strategic Partnership following talks between Prime Minister Narendra Modi and Uzbek President Shavkat Mirziyoyev in Tashkent, marking 15 years since…
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U.S. Justice Department clears Paramount’s $110 billion acquisition of Warner Bros.
In a milestone decision rewriting the landscape of global media, the U.S. Department of Justice’s Antitrust Division has officially closed its investigation and cleared Paramount Skydance Corp.’s $110 billion acquisition of Warner Bros.…
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Markets recover as chip stocks rebound
Global financial markets staged a cautious recovery on June 8 after a sharp technology-driven selloff at the end of the previous week, with semiconductor companies leading the rebound. Investors returned to beaten-down chip stocks while…
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Apple doubles down on AI as WWDC opens
Apple's annual Worldwide Developers Conference became one of the biggest business stories this week, as the technology giant sought to strengthen its position in the increasingly competitive artificial intelligence race. The company…
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Delhi watches oil risk as tensions persist
Indian policymakers are closely tracking developments in the Gulf as renewed Hormuz instability raises concerns over crude imports, inflation and shipping costs. India remains one of the world’s largest energy importers, making any…
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UK-India FTA opens new mobility pathway for Indian professionals
A new route for Indian professionals opened under the UK-India Comprehensive Economic and Trade Agreement effective March 26. Indian nationals became eligible under the Global Business Mobility Service Supplier route, allowing Indian…
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Oil tops $111 a barrel as global markets reel from Iran war
Brent crude hit $111 per barrel on March 28, up more than $32 compared to a year earlier and roughly $20 above its level before the conflict began on Feb. 28, according to Legacy IAS analysis citing current market data. Prices have gyrated…
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Cargo stranded as Middle East crisis disrupts trade
Escalating conflict in the Middle East has begun to severely disrupt Indian exports, with several key air and maritime routes either suspended or operating under heavy restrictions. Exporters across multiple sectors are reporting mounting…
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India is key growth engine for the world, says IMF
The International Monetary Fund has identified India as a major driver of global economic growth. IMF spokesperson Julie Kozack highlighted India's robust performance in a recent briefing. She emphasised the country's strong domestic demand…
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