Monday, October 19
The Ministry of External Affairs in Tuesday announced that Indian government has declared a Pakistani official, working at the Pakistan High Commission in New Delhi, persona non grata for indulging in activities not in keeping with his official status in India. The official has been asked to leave India within 24 hours. Charge d’ Affaires, Pakistan High Commission, was issued a demarche to this effect today, said MEA's official statement. Operation Sindoor was launched by the Indian Armed Forces in the early hours of May 7, targeting nine terror sites in Pakistan and Pakistan-occupied Jammu and Kashmir (PoJK).This operation was a retaliatory response to the April 22 terror attack in Pahalgam, Jammu and Kashmir, in which 26 civilians, including one Nepali national, were killed.On Saturday
Amid trade talks between world's most powerful nations, China announced that it is pausing 24% tariff rate on United States' good for 90 days. The United States and China on Monday agreed to temporarily slash reciprocal tariffs as the world's two biggest economies look to end a damaging trade war, which has heightened fears of a recession and led to a U.S. economic contraction in the first quarter. The two sides had agreed to a 90-day pause under which Washington will cut tariffs on Chinese imports to 30% from 145% and Chinese duties on US imports will drop to 10% from 125%. The new measures are effective for 90 days after a meeting between both the countries in Geneva.Trump launched a trade war during his first term as well, taking particular aim at China by putting taxes on most of its g
Tata Steel has earmarked a capital expenditure of Rs 15,000 crore for its operations in India, the UK and the Netherlands in the current financial year, senior company officials said on Tuesday. Of the total, around 80 per cent will be spent on ongoing projects in India, the company's CEO & MD T V Narendran and Executive Director and Chief Financial Officer Koushik Chatterjee told PTI. "For FY26, we are looking to have a capex of Rs 15,000 crore,'' Narendran said. Sharing the break-up, Chatterjee said that while Rs 11,000 crore is planned for domestic operations, around Rs 1,900 crore is planned for the UK, and the remaining is in the Netherlands. Tata Steel's capital expenditure was Rs 3,220 crore in the fourth quarter and Rs 15,671 crore in the full FY2024-25. Tata Steel is ramping u
