Explore

AP News AP News
Amazon's shares fall after announcing surge in capital spending but posts strong 4Q holiday sales

Amazon's shares fall after announcing surge in capital spending but posts strong 4Q holiday sales

Amazon sales surged 14% during the fourth quarter, helped by strong holiday spending and a better-than-expected growth in its prominent cloud computing unit
Rapid Read Rapid Read
Uttar Pradesh Expands Defence Manufacturing Corridor Amid Rising Investor Interest

Uttar Pradesh Expands Defence Manufacturing Corridor Amid Rising Investor Interest

The Uttar Pradesh government is expanding its Defence Industrial Corridor (UPDIC) to accommodate growing investor interest. Currently spanning six nodes, the corridor will now include additional land in adjoining districts. This expansion is part of the state's strategy to attract more defence manufacturing projects, supported by increased defence sector allocation in the Union Budget 2026-27. The UP Expressway Industrial Development Authority (UPEIDA) is tasked with acquiring land for new projects. The corridor is a key component of India's 'Make in India' and 'Aatmanirbhar Bharat' initiatives, aiming to reduce dependency on defence imports.
Rapid Read Rapid Read
Piyush Goyal Confirms Protection of Agriculture and Dairy in India-US Trade Deal Amid Protests

Piyush Goyal Confirms Protection of Agriculture and Dairy in India-US Trade Deal Amid Protests

Union Minister Piyush Goyal addressed the Lok Sabha, assuring that India's agriculture and dairy sectors are protected in the newly confirmed India-US trade deal. Despite opposition protests, Goyal emphasized that the government has safeguarded these sensitive sectors, which have traditionally been critical in India's trade negotiations. The agreement, confirmed by Prime Minister Narendra Modi and President Trump, includes reduced tariffs and promises new opportunities for Indian exports, particularly benefiting labor-intensive sectors and MSMEs. Goyal highlighted that the deal will promote initiatives like 'Make in India' and 'Design in India', aiming to make India more self-reliant. The trade deal is expected to unlock fresh investment flows and create new export opportunities across various sectors, including artificial intelligence, semiconductors, and critical minerals.
AP News AP News
Wall Street bounces back as tech stocks recover some losses and bitcoin stops plunging

Wall Street bounces back as tech stocks recover some losses and bitcoin stops plunging

U.S. stocks are bouncing back from big swings that pummeled them this week
Discover daily Discover daily
It’s Not Just Paneer—The History and Origins of Chhena in India

It’s Not Just Paneer—The History and Origins of Chhena in India

Chhena, a type of acid-set cheese, has a rich history that is deeply intertwined with the culinary traditions of the Indian subcontinent. Originati...
Trendline Trendline
Co-Diagnostics Joint Venture CoSara Secures License for PCR Instrument Manufacturing

Co-Diagnostics Joint Venture CoSara Secures License for PCR Instrument Manufacturing

Co-Diagnostics Joint Venture CoSara Secures License for PCR Instrument Manufacturing
Rapid Read Rapid Read
Adani Defence and Leonardo Partner to Establish Helicopter Manufacturing in India

Adani Defence and Leonardo Partner to Establish Helicopter Manufacturing in India

Adani Defence & Aerospace has entered into a strategic partnership with Italian aerospace company Leonardo to develop a helicopter manufacturing ecosystem in India. This collaboration aims to reduce India's reliance on imports and meet the growing demands of its military. The agreement, formalized through a memorandum of understanding, focuses on supplying helicopters to the Indian armed forces, with potential expansion into civil aviation and global supply chains. Jeet Adani, Director at Adani Defence & Aerospace, emphasized the group's commitment to becoming a key player in India's aviation sector, aiming to provide comprehensive solutions for both airlines and the armed forces. The partnership will focus on localizing the manufacturing of Leonardo's light and medium helicopter platforms, such as the AW169M and AW109 TrekkerM, and developing maintenance, repair, and overhaul capabilities in India.
Trendline Trendline
Co-Diagnostics Joint Venture Achieves ISO Certification for Indian Manufacturing Facility

Co-Diagnostics Joint Venture Achieves ISO Certification for Indian Manufacturing Facility

Co-Diagnostics Joint Venture Achieves ISO Certification for Indian Manufacturing Facility
Rapid Read Rapid Read
Indonesian Miners Halt Spot Coal Exports Amid Proposed Production Cuts Impacting Asian Buyers

Indonesian Miners Halt Spot Coal Exports Amid Proposed Production Cuts Impacting Asian Buyers

Indonesian miners have ceased spot coal exports following a government proposal to significantly reduce production quotas. The proposed cuts, which range from 40% to 70% below 2025 levels, aim to decrease overall production by nearly a quarter to boost coal prices. This decision has left Asian buyers, particularly in China and India, struggling to secure coal supplies from Indonesia, the world's largest coal exporter. The Indonesian Coal Mining Association has expressed opposition to the government's plan, citing potential layoffs and mine closures. While long-term contracts are still being honored, some miners are contemplating cancellations due to unforeseen circumstances. The proposal is part of Indonesia's strategy to increase government revenues amid declining demand from major buyers. In 2025, Indonesia accounted for half of the global electricity-grade coal exports, and the proposed cuts could reduce production to about 600 million tons.
AP News AP News
US futures are flat and world shares mixed after a retreat on Wall St

US futures are flat and world shares mixed after a retreat on Wall St

U.S. futures are flat and European shares are mixed, with markets in Asia mostly higher
Reuters Reuters
US hosts countries for talks to weaken China's grip on critical minerals

US hosts countries for talks to weaken China's grip on critical minerals

By Michael Martina and Simon Lewis WASHINGTON, Feb 4 (Reuters) - The United States will host more than 50 countries on Wednesday for talks aimed at boosting their access to critical minerals, in a bid to loosen China's grip over vital industrial inputs that has allowed it to control global supply
Trendline Trendline
India-US Trade Deal: Tariff Reductions and Sector Protections Announced

India-US Trade Deal: Tariff Reductions and Sector Protections Announced

India-US Trade Deal: Tariff Reductions and Sector Protections Announced