Friday, October 02
US President Donald Trump on Wednesday (local time) expressed concern over the escalating tensions between Israel and Iran, stating that while he has a plan in place, the outcome remains uncertain.Trump again refused to say whether he would order a strike on Iran. "I have a plan for everything... anything could happen," he said.Trump expressed frustration over Iran's decision not to make a deal, stating, "They should have made the deal. I had a great deal for them." Trump mentioned that Iran wanted to meet and come to the White House, but his tone suggests uncertainty about the outcome.He reflected on past negotiations, expressed regret over Iran's missed opportunity to strike a deal, and hinted at the possibility of renewed talks. Trump also underscored the severity of the current crisis,
Shares of Siemens Energy India will list on Thursday following the long-awaited demerger from parent Siemens. Analysts expect the newly carved-out entity to emerge as a leading beneficiary of India’s accelerating power transmission and distribution (T&D) investment cycle.According to Jefferies, Siemens Energy could clock a robust 40% compound annual growth rate (CAGR) in earnings between FY24 and FY27.The brokerage estimates that the company could command a market capitalisation exceeding USD 10 billion — positioning it as the largest listed pure-play T&D equipment player in India, ahead of global peers like Hitachi and GE Vernova.Jefferies believes the company's operating leverage and improving plant utilisation — currently under 60% — could meaningfully boost profitabilit
Former US President Barack Obama has issued a rare and pointed warning about the health of American democracy—drawing unsettling comparisons to autocratic regimes abroad.Speaking at a public forum in Hartford, Connecticut, on Tuesday evening, Obama cautioned that the United States is “dangerously close to normalising behavior” more often seen in authoritarian governments. His comments, made during a moderated conversation at the Bushnell Performing Arts Center, come amid growing concern over mass immigration raids and political rhetoric that critics say is undermining democratic norms.“If you follow regularly what is said by those who are in charge of the federal government right now,” Obama said, “there is a weak commitment to what we understood—and not just my generation, a
The State Department plans to review the social media accounts of foreign citizens who apply for student and visiting scholar visas as it resumes processing those applications. Applicants will be screened for perceived "hostility" toward the United States, and they will be asked to make their social media accounts "public" for the review, State Department officials said Wednesday. All applications for F, M and J nonimmigrant visas, which are for scholarly exchanges and research, will be reviewed, the officials said. Consular officers at missions overseas are being told to look for "any indications of hostility toward the citizens, culture, government, institutions or founding principles of the United States." The State Department did not provide further details on how officers would define
ET Intelligence Group: Shares of Camlin Fine Sciences, a manufacturer and exporter of specialty chemicals, have surged nearly 51% over the past month amid anti-dumping duties imposed by the US and the European Union (EU) on Chinese manufacturers. The move is expected to benefit the company's aroma exports business over the next three-four quarters. However, investors should remain cautious, as sustaining such returns will depend on the company's ability to deliver strong financial performance in the medium term.The EU imposed anti-dumping duties of 131.1% on imports of vanillin, an organic compound, originating in China following a similar move by the US last year. These actions have driven up vanillin prices in both regions, which are significant export markets for Camlin.Camlin's busines
