TATA STEEL UK on Thursday (25) confirmed its decision to proceed with the closure of two old blast furnaces as part of a £1.25-billion investment to transition to a state-of-the-art Electric Arc Furnace at its Port Talbot steelworks in south Wales. Since the plan was announced earlier this year, the…
ON Friday (26), the second phase of India's mammoth national elections will be held and while 88 constituencies in 13 states and Union Territories will vote in this phase, all eyes will be particularly on the southern states of Kerala and Karnataka where some big names are contesting. While all…
BUSINESS leaders in Pakistan have urged the country's prime minister, Shehbaz Sharif, to initiate trade talks with India to promote business and commerce, saying it would greatly benefit the economy of the cash-strapped nation. Posing tough questions during an hour-long meeting at Sindh CM House in Karachi, Pakistan's commercial capital,…
SEVERAL Indian expats were rushing back home from the United Arab Emirates (UAE) ahead of the second phase of the national elections on Friday (26) to participate in the biggest festival of democracy. Reports have claimed that 30,000 people from the southern Indian state of Kerala have flown back home…
GERMANY, Europe's strongest economy, is facing a significant labour shortage and an ageing population, with forecasts indicating a shortfall of seven million skilled workers by 2035 and its saviour could be India, Deutsche Welle (DW) reported. Currently, there are approximately 700,000 job vacancies that remain unfilled, leading to a decline…
A COUPLE of Indian restaurants in Colorado, US, stand accused of deceiving investors out of $380,000, state regulators have claimed. The Colorado Division of Securities has claimed that the proprietors of Bombay Clay Oven and Saucy Bombay used "half-truths and lies" to entice investors into supporting their ambitious nationwide expansion…
ROYAL CHALLENGERS BENGALURU (RCB) are one of the most popular sides of the Indian Premier League (IPL) but remain one of the three sides that have never won the trophy since inception. The current season has proved to be a disastrous one as the team has lost seven of their…
RISHABH Pant smashed an unbeaten 88 as he led Delhi Capitals to a tense IPL win over Gujarat Titans on Wednesday (24), boosting his chances of playing for India at the T20 World Cup. Delhi posted 224-4 courtesy of a 113-run stand between Pant and fellow left-hander Axar Patel, who…
THE high-octane campaigning for the second phase of the Indian general elections 2024 concluded on Wednesday (24) evening with top leaders of the ruling National Democratic Alliance (NDA) led by the Bharatiya Janata Party (BJP) and the opposition Indian National Developmental Inclusive Alliance (INDIA) bloc making a last-gasp effort to…
HERE are news in brief on Indian economy and business for Wednesday, April 24, 2024: The Reserve Bank of India (RBI) on Wednesday barred the country's Kotak Mahindra Bank from onboarding new customers through its online and mobile banking channels and issuing fresh credit cards with immediate effect after the…