New Delhi, Feb 26 (IANS) Engineering goods exports from India grew by 4.52 per cent year-on-year to $101.13 billion during the April-January period of 2025-26, crossing the $100 billion mark for the first time in the current fiscal, EEPC India said on Thursday.Driven primarily by copper, iron and steel, and motor vehicles, engineering goods exports recorded a 10.4 per cent (on-year) rise in January to $10.40 billion even as shipments to the US recorded a decline during this period.Engineering go…
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Washington, Jan 28, (IANS) Indian authorities have announced the opening of a new Indian Consular Application Centre in Seattle to improve access to consular services for the Indian diaspora in the Pacific Northwest. The centre at 1015 2nd Avenue, Suite 804, Seattle, WA 98104 is now co-located with the Indian Consulate in Seattle, an official release said Tuesday (local time).Officials stated the move is aimed at making services easier to access for Indian nationals and other applicants in the r…
Seoul, Jan 28 (IANS) Hyundai Mobis, South Korea’s leading auto parts maker, said on Wednesday its fourth-quarter net profit dropped 39.9 percent from a year earlier due to losses from equity investment in group affiliates, as well as the effects of Washington’s sectoral tariffs.Net profit for the three months ended in December totalled 768.1 billion won (US$536.4 million), compared with 1.28 trillion won from the same period in 2024, the company said in a regulatory filing.Operating profit for t…
Washington, Jan 23 (IANS) US authorities issued wide-ranging safety advisories and emergency preparedness measures on Friday as a powerful winter storm threatened large parts of the country with heavy snow, crippling ice, and prolonged power outages, expected to impact 200 million people.The US Consumer Product Safety Commission (CPSC) warned that plunging temperatures and expected power disruptions could increase the risk of fires and carbon monoxide poisoning linked to home heating equipment, …
Tel Aviv, Jan 21 (IANS) Pakistan’s human rights crisis is no longer a domestic problem as critics of the Pakistani state are being targetted in other parts of the world like Europe, North America, and Africa. Journalists, activists and former officials who believed they would be safe in exile have found intimidation, violence, and pressure following them in other nations. This practice is transnational repression and Pakistan has become one of its most troubling practitioners, a report has detai…
Seoul, Jan 9 (IANS) LG Energy Solution on Friday said it continued to remain in the red in its fourth quarter (Q4), although its operating loss nearly halved from a year earlier amid weak global demand for electric vehicle (EV) batteries.Operating loss in the October-December period was estimated at 122 billion won ($83.8 million), compared with a loss of 225 billion won posted in the fourth quarter of 2024, the company said in a preliminary report.Sales decreased 4.8 per cent to 6.14 trillion w…
New Delhi, Jan 8 (IANS) Global healthcare private equity (PE) set a new record in 2025 with an estimated $191 billion in deal value, surpassing the previous peak of 2021, a report showed on Thursday.The surge in deal value was propelled by a sharp increase in deals exceeding $1 billion and offset second-quarter tariff-related slowdowns in North America and Asia-Pacific, said the report by Bain & Company.Deal volume was similarly robust, with investors announcing 445 buyouts, the second-most …
New Delhi, Jan 6 (IANS) “India’s service sector maintained a strong performance in December,” even as HSBC India Services PMI Business Activity Index eased to 58 from 59.8 in November, 2025, said a report on Tuesday.The index stayed well above the neutral level, as growth continued to be robust. A reading above 50 indicates economic expansion. The December figure was also well above the long-run reading of 55.The report compiled by S&P Global said the rate of expansion in incoming new work a…
New Delhi, Dec 26 (IANS) Continuing its steady expansion, Delhi Capitals Cricket Academy has entered North America with the launch of its first academy in Canada, marking a significant milestone in the franchise’s growing international footprint.Based in Mississauga, the Delhi Capitals Cricket Academy in Ontario will extend the franchise’s structured, high-performance training philosophy to one of the fastest-growing cricket regions in the world. The launch reinforces Delhi Capitals’ long-…
New Delhi, Dec 26 (IANS) Coforge on Friday announced that it will acquire US-based engineering services firm Encora in a $2.35-billion all-stock deal, marking one of the largest transactions in India’s IT services space.The acquisition will be carried out through a share swap, under which Coforge will issue 93.8 million equity shares priced at Rs 1,815.91 each.This values the non-cash transaction at around Rs 17,032 crore. After the deal, Encora’s shareholders will own about 21.25 per cent o…