Economic Development
2 min read
69

US to have only two genders, male and female: Trump

January 23, 2025
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US President Donald Trump on Thursday said the US will have only two genders, male and female, and no men will be allowed to participate in women’s sports. Days after assuming office for his second term, Trump addressed the World Economic Forum Annual Meeting here through video conferencing and said

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Economic Development
2 min read
65

India hamstrung by MFN rules in offering tariff cuts to satisfy Trump

January 23, 2025
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Even as deliberations are under way to calibrate a suitable policy response to the Trump Administration’s America First Trade Policy, India cannot bring down import duties to appease the US without applying the same yardstick to all its trade partners, sources have said. “The Commerce Department is in discussions with

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Economic Development
2 min read
47

TN emerging hub for R&D, advanced manufacturing: Rajaa in Davos

January 23, 2025
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At the World Economic Forum (WEF) Annual Meeting 2025 in Davos, Team Tamil Nadu pitched the State as an emerging destination for research, development and advanced manufacturing in over 50 intensive meetings and engagements. The delegation, led by State Minister for Industries TRB Rajaa, highlighted the new ambition to move

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Economic Development
3 min read
72

CAI revises upwards 2024-25 cotton output, consumption figures

January 23, 2025
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Cotton Association of India, the apex trade body for the fibre crop in the country, has revised upwards its crop projections by 2 lakh bales of 170 kg each from its earlier estimates for the crop year 2024-25 ending September. The trade body also estimates the consumption to be higher

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Economic Development
2 min read
100

US remains top destination for engineering goods exports in December 

January 23, 2025
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The US continued to be the top destination for India’s engineering goods exports in December 2024 while West Asia and North Africa (WANA) emerged as the top region for the first time, according to an analysis by EEPC India. While engineering exports have grown for eight consecutive months despite looming

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Economic Development
2 min read
69

Tata Sons seeks CCI nod for 10 per cent stake buy in Tata Play

January 23, 2025
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Tata Sons Private Limited (Tata Sons) has approached the Competition Commission of India (CCI) for approval to acquire a 10 per cent stake in Tata Play Limited from Baytree Investments (Mauritius) Pte Ltd., a Temasek affiliate. The proposed transaction, notified under Section 6(2) read with Section 5(a) of the Competition

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Economic Development
1 min read
69

Maharashtra signs MoUs worth over ₹17 lakh crore at Davos

January 23, 2025
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Maharashtra has garnered investment commitments of around ₹17 lakh crore from diverse companies, Indian and global, at the World Economic Forum in Davos, with Reliance Industries signing MoUs worth over ₹3 lakh crore. Some of the other preliminary agreements that the state chief minister Devendra Fadnavis has signed over the

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Economic Development
2 min read
58

Tata Sons seeks CCI nod for 10 per cent stake buy in Tata Play

January 23, 2025
0

Tata Sons Private Limited (Tata Sons) has approached the Competition Commission of India (CCI) for approval to acquire a 10 per cent stake in Tata Play Limited from Baytree Investments (Mauritius) Pte Ltd., a Temasek affiliate. The proposed transaction, notified under Section 6(2) read with Section 5(a) of the Competition

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Economic Development
2 min read
69

Karnataka Governor Gehlot returns the Mineral Tax Bill, seeks clarification

January 23, 2025
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The Karnataka Governor Thawar Chand Gehlot has returned the Mineral Tax Bill, according to news reports. The Governor cited queries raised by mining associations as the reason for his decision. Commenting on the development, Congress spokesperson, BL Shankar stated, “This Bill was introduced in the interest of the community. Both

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Economic Development
3 min read
83

Solvent extractors concerned over import of cheaper refined edible oil from Nepal

January 23, 2025
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The Solvent Extractors’ Association of India (SEA) has said that the influx of cheaper refined edible oil from Nepal is affecting domestic oil refining industry in India. In his monthly letter to the members on Thursday, Sanjeev Asthana, SEA President, said edible oils are allowed to be imported from SAFTA

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