New Delhi: Road transport and highways minister Nitin Gadkari on Thursday said India’s logistics cost will fall to single digits to around 9% before December 2025, which will increase profit margins for industries and businesses and make Indian products competitive in the international market.Speaking at an event of the business chamber – PHDCCI, Gadkari cited…
He made billions selling energy with his Coastal Corporation, courted presidents and dictators, and eventually went to prison for paying kickbacks to the Iraqi government. Source link
NEW DELHI: The road transport and railway ministries have achieved a record capital expenditure utilisation of 63% and 56.5%, respectively, during the first half of the current financial year. The combined capex of the two ministries by Sept end was over Rs 3.1 lakh crore, as against the budgetary allocation of Rs 5.2 lakh crore…
The United States finalized a $20 billion lifeline for Argentina that will benefit Treasury Secretary Scott Bessent’s allies. Source link
NEW DELHI: The initial public offering of LG Electronics India Ltd received 54.02 times subscription on the final day of bidding on Thursday, driven by overwhelming participation from institutional buyers. The Rs 11,607-crore IPO received bids for 3,85,33,26,672 shares against 7,13,34,320 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs)…
The Bureau of Labor Statistics is calling back some employees to produce the Consumer Price Index for September. That data is needed to calculate the annual cost-of-living adjustment for Social Security beneficiaries. Source link
IT giant, Tata Consultancy Services (TCS) on Thursday said it has acquired US-based ListEngage for $72.80 million (about Rs 646 crore), marking a strategic move to enhance its Salesforce and AI advisory capabilities globally.Headquartered in Framingham, Massachusetts, ListEngage is a full-stack Salesforce partner specialising in marketing cloud, CRM, data cloud, Agentforce, and AI advisory services…
The supermarket chain said it was complying with state law, including a ruling last month that overturned a ban on openly carrying firearms. Source link
Alexander Stubb (left), Donald Trump (@RapidResponse47) The United States will purchase 11 icebreaking vessels from Finland in a move aimed at bolstering its Arctic maritime capabilities, President Donald Trump announced on Thursday during a meeting with Finnish President Alexander Stubb at the White House.Under the agreement, four vessels will be built in Finland, while seven…
In the Trump administration’s latest example of dialing back cryptocurrency enforcement, Roger Ver agreed to pay about $48 million to end a tax fraud case. Source link
