New Delhi, July 27 (IANS) Indian equities warrant a ‘constructive’ view over the long run due to demographics, rising domestic investment, a deepening financial system, diversifying supply chains and improving energy security, a report said on Monday.The report from PL Wealth recommended investors consider a phased entry into quality large‑cap and large & mid‑cap names in the short term and kept an overweight call for the 24–60-month horizon.The firm kept its overweight call on India i…
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Washington, July 25 (IANS) A bipartisan group of US lawmakers this week pressed ahead with legislation aimed at preventing Chinese-made humanoid and quadruped robots from becoming embedded in America’s critical infrastructure, warning that Beijing is using the same strategy it employed to dominate the global drone market and could exploit connected robots for espionage and sabotage.The proposal, known as the GUARD Act, was the focus of a House Energy and Commerce Communications and Technology Su…
New Delhi, July 24 (IANS) President Droupadi Murmu on Friday urged Romanian companies to actively participate in India’s growth story as the country has emerged as the world’s fastest growing economy, offering immense opportunities for international partnerships, investment and technology collaboration.Addressing the India–Romania Business Forum at Bucharest, the President said that Romania, with its strategic location at the crossroads of Europe, highly skilled human resources, advanced i…
Manila, July 22 (IANS) External Affairs Minister (EAM) S. Jaishankar on Wednesday underlined the need for stronger cooperation between India and ASEAN in the face of growing global uncertainty, saying that no country or regional grouping can effectively tackle today’s challenges on its own. Delivering his opening remarks at the ASEAN Post-Ministerial Conference with India 2026 in Manila, Jaishankar thanked the Philippines for its warm welcome and acknowledged its role as the country coordinator …
Washington, July 16 (IANS) President Donald Trump’s nominee to lead the US intelligence community said that economic security is inseparable from national security, arguing that America’s intelligence agencies must sharpen their focus on China’s economic challenge, artificial intelligence and emerging technologies.Appearing before the Senate Select Committee on Intelligence for his confirmation hearing as Director of National Intelligence (DNI) on Wednesday (local time), Jay Clayton said future …
Melbourne, July 9 (IANS) Prime Minister Narendra Modi said on Thursday that India and Australia believe terrorism poses a serious challenge for the whole humanity and stressed that the two nations continue to have shared fight against it.Addressing a joint press meet with Australian counterpart Anthony Albanese following third Australia-India Leaders’ Summit in Melbourne, PM Modi said, “Today we held detailed discussions on many regional and international issues. India and Australia believe that…
New Delhi, July 9 (IANS) India and Australia on Thursday announced a Partnership on Cyber, Critical Technologies and Supply Chains (PACTS) to deepen cooperation in these sectors and strengthen supply chain resilience by building on the 2020 Framework Arrangement on Cyber and Cyber Enabled Critical Technology Cooperation.”The PACTS aims to support our shared interest in national and regional security, empower our partners with greater digital choices, make critical supply chains more resilient, a…
Washington, July 9 (IANS) The Federation of Indian Chambers of Commerce and Industry (FICCI) has urged the United States to abandon its proposed across-the-board tariff on Indian imports, arguing that a targeted, evidence-based approach would be far more effective in addressing forced labour concerns than blanket duties covering all sectors. Presenting Indian industry’s position before a US Trade Representative (USTR) Section 301 hearing on Wednesday (local time), FICCI representative Poornima S…
Washington, July 8 (IANS) India argued on Wednesday that the U.S. Trade Representative’s proposed Section 301 tariff framework contradicts its own objective of eliminating forced labour by exempting certain products while seeking broad import restrictions on countries including India, urging Washington to pursue bilateral dialogue instead of sweeping trade measures. The argument was made by Dr. Brij Mohan of the Ministry of Commerce and Industry during a public hearing after a USTR official ques…
Washington, July 8 (IANS) India on Wednesday strongly opposed the proposed 12.5 per cent additional US tariff on its exports during a US Trade Representative (USTR) Section 301 hearing, arguing that the investigation lacks a legal and factual basis and warning that the proposed action would disrupt supply chains without advancing efforts to eliminate forced labour.Appearing before the USTR hearing panel, Dr Brij Mohan of the Ministry of Commerce and Industry said India objected to the proposed c…