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Food security: Smallholder farmers hold key to tackling global food crisis, says ICAR director

Addressing DialogueNEXT in India, ICAR Director General Mangi Lal Jat emphasized the need for farmer-centric solutions to global agri-food challenges. He advocated for increased investment in science, innovation, and partnerships. India’s rapid agricultural transformation positions it as an innovation hub for smallholder agriculture in the Global South, focusing on delivering transformative solutions to farmers.

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IPO watch: LG Electronics may launch India arm IPO in October; Rs 15,000-crore issue in works

LG Electronics is set to launch its Indian subsidiary’s IPO in October, aiming to raise ₹15,000 crore. This would be the largest IPO of 2025 so far, with LG divesting 15% of its Indian arm. The offering follows Hyundai’s successful IPO last year. Initial plans for an April-May launch were delayed due to global economic

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‘US has long benefitted from free trade’: Chinese envoy slams 50% tariffs on India; calls them ‘unfair, unreasonable’

China criticizes the United States’ 50% tariffs on Indian imports. China calls the move unfair and unreasonable. Ambassador Xu Feihong emphasizes strong India-China ties for global development. The US imposed additional levies linked to India’s Russian crude purchases. President Trump defends the measures and warns of further action. He claims India offered a no-tariff deal.

‘US has long benefitted from free trade’: Chinese envoy slams 50% tariffs on India; calls them ‘unfair, unreasonable’ Read More »

PNC expansion: Bank to acquire FirstBank for $4.1 billion, deal to boost presence in Colorado and Arizona

PNC Financial Services is set to acquire FirstBank for $4.1 billion, significantly boosting its retail banking presence in the US. This acquisition will establish PNC as the largest bank in Denver and expand its Arizona network, increasing its total assets to approximately $575 billion. The deal underscores PNC’s aggressive growth strategy through acquisitions and organic

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India-Israel ties: Bilateral investment treaty to be signed this week; FTA negotiations next

Israel’s Finance Minister Bezalel Smotrich is visiting India to sign a Bilateral Investment Treaty (BIT), a move seen as paving the way for a future Free Trade Agreement (FTA). The BIT aims to protect investors and boost economic cooperation between the two nations. Both countries also aim to collaborate in fintech and project financing in

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Zomato, Swiggy deliveries to cost you more! GST levy, platform fee hike to make meals costlier; check details

Food delivery in India is becoming more expensive as Zomato, Swiggy, and magicpin have increased their platform fees just before the festive season. Additionally, an 18% GST on delivery charges, effective from September 22, will further raise the cost of ordering food online. These changes raise concerns about the affordability and convenience of food delivery

Zomato, Swiggy deliveries to cost you more! GST levy, platform fee hike to make meals costlier; check details Read More »

‘Russian economy will be in total collapse’: Trump official wants more tariffs on countries buying Russia oil; urges EU to add pressure

US Treasury Secretary Scott Bessent has urged the European Union to join the US in increasing pressure on Russia, hinting at potential tariffs on nations buying Russian oil. The Trump administration has already imposed significant tariffs on India for its Russian oil trade.

‘Russian economy will be in total collapse’: Trump official wants more tariffs on countries buying Russia oil; urges EU to add pressure Read More »

Festive shopping 2025: Online spends to surge 115%; gourmet foods, groceries, fashion to lead buying

Indian urban households are predicted to significantly increase online shopping this festive season, driven by recent GST rate reductions on white goods and electronics. A LocalCircles report anticipates a 115% surge in online shoppers, with overall festive spending projected at Rs 2.19 lakh crore. While physical stores remain relevant, convenience and better prices are drawing

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Oil markets: OPEC+ to ramp up oil production; 1,37,000 barrels per day more from October

Eight key OPEC+ members, including Saudi Arabia and Russia, plan to increase oil production by 137,000 barrels per day starting next month, despite sliding oil prices and concerns about oversupply. This decision signals a shift towards prioritizing market share over price support, surprising markets and raising questions about the alliance’s unity amid geopolitical tensions and

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