Sunday, October 25
The US’s latest move to expand its list of Chinese military companies risks doing more than tanking the shares of some of its most valuable companies: It also threatens to accelerate decoupling of the world’s biggest economies.The Biden administration on Monday added Tencent Holdings Ltd., the world’s largest gaming publisher, and Contemporary Amperex Technology Co. Ltd., a key battery supplier to Tesla Inc., to its list of “Chinese military companies” — firms it says are working directly or indirectly with the People’s Liberation Army, or contributing significantly to China’s industrial base.Since the first list was put out in 2021, as mandated by a law passed in the waning days of Donald Trump’s first term, it has expanded to 134 companies — including four of China’
In a landmark announcement on January 1, 2025 Defence Minister Rajnath Singh declared 2025 as the 'Year of Reforms', signalling a decisive shift towards a more agile, technologically advanced, and combat-ready Armed Forces, said a statement from the Indian Army. This visionary declaration encompasses nine broad areas of focus aimed at transforming India's defence apparatus into a 21st-century powerhouse capable of executing multi-domain integrated operations. The Indian Army has swiftly aligned its transformative initiatives with this roadmap to chart its course towards a Future Ready Army.The 'Year of Reforms' comes on the heels of the Indian Army's 'Year of Transformation' (2023) and 'Years of Technology Absorption' (2024 and 2025). However, acknowledging the long gestation period requir
Bharti Airtel is likely to outshine Reliance Jio and Vodafone Idea (Vi) by posting comparatively stronger sequential revenue growth in the fiscal third quarter, helped by residual passthrough of tariff hikes in July 2024 and higher mobile broadband user additions, analysts said. The continuing impact of last year's rate hikes, though, is likely to boost average revenue per user (ARPU) at all the three private telcos with Airtel set to become the biggest beneficiary.Airtel and Jio are also expected to report subscriber gains in the December quarter with a likely easing of the impact of recent SIM consolidation. Vi, though, will yet again report heavy customer losses, including 4G subscribers, as it has the largest base of price-sensitive users among the private carriers.Airtel and Jio will
