How China’s Rare Earth Chokehold Could Strangle Europe’s Military Buildup
Drones, missiles and other crucial components of Europe’s rush to rearm itself rely on an increasingly unsteady supply of minerals from China. Source link
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Certification reform: Sebi proposes new norms for market professionals; hybrid learning, tighter exemptions on the cards
Markets regulator Sebi has proposed a major revamp of the certification framework for securities market professionals, aiming to expand participation and upgrade skill standards in line with evolving market needs.In a consultation paper released on Thursday, Sebi suggested broadening the definition of “Associated Persons” to include not only those employed by intermediaries and regulated entities…
Indians are the kind of immigrants America needs more of – why Donald Trump should take notice
An average Indian immigrant actually reduces the US national debt by over $1.6 million over 30 years. (AI image) Donald Trump has been vocal about his belief that immigrants in the US are taking away jobs from Americans. His increasing restrictions on even legal immigration channels are proof enough! Just recently the highly popular visa…
Pharma growth: AstraZeneca profit surges 77% to $2.53 bn in Q3; US expansion and cancer drugs power strong results
AstraZeneca reported a sharp rise in quarterly profit on Thursday, with strong US growth and robust sales of cancer drugs driving a 77% year-on-year jump in net earnings to $2.53 billion for the third quarter.The British pharmaceutical major said group revenue grew 12% to $15.2 billion, led by oncology treatments that now account for nearly…
What a Rough Day in Court Means for Trump’s Tariffs
Businesses and investors are bracing for uncertainty after Supreme Court justices questioned the legality of a core part of the president’s trade policy. Source link
Policy pause: Bank of England holds rates at 4% ahead of UK budget; Bailey signals caution as inflation, growth pressures persist
The Bank of England (BoE) on Thursday kept its benchmark interest rate unchanged at 4%, opting for caution ahead of the UK government’s upcoming budget later this month that is expected to include tax increases, AFP reported.Governor Andrew Bailey said the central bank remained confident that rates were on a “gradual path downwards” but stressed…
LIC Q2 results: Profit up 31% YoY to Rs 10,098 cr; premium income grows 5.5% as AUM, solvency ratio improve
Life Insurance Corporation of India (LIC) has delivered another strong quarterly performance, with higher premium income and expanding assets driving a 31% year-on-year rise in consolidated net profit to Rs 10,098 crore for the September quarter.The state-run insurer’s premium income rose 5.5% to Rs 1,26,930 crore from Rs 1,20,326 crore a year earlier, even as…
Banking vision: India needs big, world-class banks, says FM Sitharaman; discussions on with RBI to expand scale
Finance Minister Nirmala Sitharaman on Thursday said India needs large, world-class banks to support its expanding economy, adding that the government is in talks with the Reserve Bank of India (RBI) and lenders to build scale and strengthen the sector.Speaking at the 12th SBI Banking and Economics Conclave 2025, Sitharaman urged banks to deepen and…
A Skeptical Supreme Court Puts Trump’s Tariffs and Economic Agenda in Question
President Trump has used his sweeping global tariffs as an economic tool and a political cudgel. A decision invalidating them could hamper his power. Source link
Groww IPO: Billionbrains Garage Ventures offering fully subscribed on Day 2; check details
The company’s Rs 6,632 crore initial public offering is scheduled to close on Friday. (AI image) Groww IPO: Billionbrains Garage Ventures, the parent organisation of Groww stock broking firm, saw its initial public offering (IPO) being fully subscribed on Thursday, the second day of its share sale.According to National Stock Exchange data, the IPO attracted…