India is gearing up to transform its electronic waste into a major source of critical minerals, as the ministry of mines intensifies collaboration with private players to build large-scale recycling capacity across the country. The ministry is working closely with private industry to expand the country’s recycling capacity, aiming to fully process electronic waste and…
Reliance Industries chairperson Mukesh Ambani MUMBAI: Reliance Industries and Meta Platforms will make a joint investment of Rs 855 crore in AI services in India, a market expected to reach $20-22 billion by 2027. The companies – one owned by India’s richest man, Mukesh Ambani, and the other led by Mark Zuckerberg – will be…
KVS Manian, MD & CEO, Federal Bank MUMBAI: Federal Bank chief KVS Manian said that the recently-announced capital raise from private equity investor Blackstone will give the lender flexibility to consider acquisitions to support growth, after the board approved a preferential issue of warrants to the US asset manager on Oct 24 in Kochi.The bank…
US President Donald Trump announced on Saturday that he is increasing tariffs on Canadian goods by an additional 10 per cent, in response to a Canadian advertisement featuring late US leader Ronald Reagan.Also Read | ‘Cheated and got caught!’ Trump again blasts Canada over ‘fake Reagan ad’; cites national security The move comes just two…
India’s top office markets—Bengaluru, Delhi-NCR and Mumbai—saw an average 4.3 per cent year-on-year growth in prime office rents during July-September 2025, according to real estate consultant Knight Frank. As per news agency PTI, leasing activity across these cities is expected to reach 50 million sq ft in 2025, surpassing last year’s record of 41 million…
Life Insurance Corporation (LIC) of India NEW DELHI: The department of financial services (DFS) in the finance ministry and govt’s policy think tank Niti Aayog have no role in the investment decisions of LIC, and the investment guidelines of the state-owned company are governed by board-approved policies, officials said on Saturday, adding that the insurer’s…
Gold and silver prices lost their festive sparkle this week, snapping a nine-week rally as investors booked profits amid a strong dollar, easing geopolitical tensions, and falling global prices. On the Multi Commodity Exchange (MCX), December gold futures dropped Rs 3,557, or 2.80 per cent, to close at Rs 1,23,451 per 10 grams on Friday,…
Dividend cheque was presented to Union health minister JP Nadda by Dr Anitha Thampi, chairperson of HLL, in the presence of minister of state Anupriya Patel and health secretary Punya Salila Srivastava. Mini-Ratna CPSE HLL Lifecare Limited has paid a record dividend of Rs 69.53 crore to the Government of India for the financial year…
File photo: EU President Ursula von der Leyen (Picture credit: AP) The European Union is moving to reduce its reliance on China for critical raw materials, following Beijing’s latest export restrictions on rare earths and battery materials. EU Commission President Ursula von der Leyen on Saturday said the bloc is preparing a new strategy, named…
Pakistan’s total public debt reached $286.832 billion (PKR 80.6 trillion) as of June 2025, almost 13 per cent higher than the previous year, according to official data released by the ministry of finance in its Annual Debt Review for FY25. Of this, domestic debt stood at PKR 54.5 trillion while external debt was PKR 26.0…
