Aviation deal: Korea Air seals record $50 billion deal; Boeing and GE secure mega orders
[ad_1] Korean Air on Monday announced a record-breaking $50 billion order for 103 Boeing aircraft and GE Aerospace engines and servicing, coinciding with South Korean President Lee Jae Myung’s visit to Washington. The purchase marks the largest in the carrier’s history, as per Reuters.The order includes a mix of 787s, 777s and 737s worth about $36.5 billion, while a separate
India, Japan to co-develop advanced naval antenna system ‘UNICO
[ad_1] Foreign Secretary Vikram Misri addresses a press briefing, in New Delhi on Tuesday. | Photo Credit: ANI In a significant boost to India-Japan defence cooperation, the two countries are co-developing a cutting-edge naval antenna system — the Unified Complex Radio Antenna (UNICORN) — for Indian Navy platforms, Foreign Secretary Vikram Misri said on Tuesday, ahead of Prime Minister Narendra
India likely to sign $1 billion fighter jet engine deal with American firm GE by September
[ad_1] Soon after the Centre cleared a Rs 62,000 crore deal to buy 97 more LCA Mark 1A fighter aircraft, India is close to signing a deal of around USD one billion with the American firm GE for supplying 113 more GE-404 engines for the indigenous combat aircraft. Indian state-owned firm Hindustan Aeronautics Limited has already inked a deal for
Tennis legend Billie Jean King on the state of women’s sports
[ad_1] Tennis legend Billie Jean King has been a fearless advocate for women’s rights and women in sports since early in her career, but she said there’s still work to do. King made history in 1973 when she defeated top tennis player Bobby Riggs in the famous “Battle of the Sexes” match. Over 90 million people worldwide tuned into the
U.S. tariffs to impact revenue of garment exporters
[ad_1] Profitability of RMG exporters dependent on the U.S. could contract 300-500 basis points, says Crisil Ratings. | Photo Credit: SIVA SARAVANAN S Revenue growth of India’s readymade garment (RMG) industry is set almost to halve on-year this fiscal as the imposition of 50% tariffs by the U.S. comes into effect from August 27, according to a Crisil Ratings study.
PM Modi’s Upcoming Visit to China: Focus on reducing border tensions and restoring bilateral ties
[ad_1] Prime Minister Narendra Modi is scheduled to visit China soon, with the key agenda centered on easing border tensions between the two nations. The visit will also aim to restart direct flights between India and China, which have been suspended. A significant aspect of the visit includes efforts to restore media presence, with discussions on the reinstatement of local
Student housing CEO says luxury is losing its appeal
[ad_1] Annex, a Scion community in Oxford, Ohio, that serves students of Miami University. Courtesy of Scion A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public
Tariffs causing even the wealthiest buyers to pause
[ad_1] Uncertainty around tariffs has caused even the wealthiest buyers of Lamborghini supercars to hold off on their purchases, CEO Stephan Winkelmann told CNBC. While the White House recently announced an agreement with Europe on a 15% tariff rate, that rate hasn’t yet taken effect for cars. Lamborghini and other European automakers are still paying a tariff rate of 27.5%
Air Chief leads emotional farewell to MiG-21 fighter jets ahead of formal retirement
[ad_1] The Indian Air Force’s iconic MiG-21 fighter jets, which have been at the core of India’s combat fleet for over six decades, made their final operational flights at the Nal Air Force Station in Bikaner on August 18-19. The formal retirement ceremony will be held in Chandigarh on September 26. In a symbolic gesture, Air Chief Marshal A P
IMD issues heavy rainfall alerts across states; floods, landslides disrupt normal life
[ad_1] The India Meteorological Department (IMD) has issued fresh warnings for heavy to very heavy rainfall across multiple states, as monsoon showers continue to wreak havoc in several regions of the country. From Jammu & Kashmir to Odisha, Himachal Pradesh and Gujarat, floods, landslides, and infrastructure damage have disrupted normal life, with authorities on high alert. Jammu & Kashmir: Flash
IT firms look beyond US: Indian tech giants expand to Australia, Middle East, Nordic nations; here’s why
[ad_1] Top IT service firms in the country are diversifying beyond the core US market, opening new centres and making acquisitions in Australia, the Middle East, the Nordics and India.With technology spending on the rise in these geographies, software service providers are setting up nearshore centres to meet local demand and cushion themselves from US market volatility, including visa-related challenges.
US tariff blow: India’s readymade garments industry faces tough fiscal, says Crisil report; warns growth may slow to 3-5%
[ad_1] India’s readymade garment industry is bracing for a tough fiscal ahead, with revenue growth forecast to slow to just 3-5% over the period, nearly half the pace seen last year.This slowdown hurt credit indicators for industry players and led to weaker profitability, according to a recent report by Crisil Ratings. PM Modi’s Defiant ‘MAKE IN INDIA’ Call Hours Before
Delhi Hospital Construction Scam: Raids at Saurabh Bhardwaj’s residence
[ad_1] The Enforcement Directorate (ED) began searches at the residence of senior AAP leader Saurabh Bhardwaj on Tuesday morning. The Gurugram zonal office carried out the raids under the provisions of Foreign Exchange Management Act, 1999 at multiple locations in Delhi-NCR and Noida in connection with an ongoing FEMA case against M/s Business Parks Town Planners Private Limited (BPTP), according
Sensex tumbles 849 points amid widespread selloff; slips below 81,000 ahead of additional 25% U.S. tariffs
[ad_1] Representational file image. | Photo Credit: PTI Equity benchmark index Sensex tumbled 849 points to slip below the 81,000 level on Tuesday (August 26, 2025) due to widespread selling pressure after the U.S. issued a draft notice over the implementation of an additional 25% tariff on Indian products. Besides, persistent foreign fund outflows and a weak global trend also
Eli Lilly weight loss pill orforglipron clears trial, paving way for approval
[ad_1] Eli Lilly Biotechnology Center is shown in San Diego, California, U.S. March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said its daily weight loss pill helped patients with obesity and Type 2 diabetes shed weight in a late-stage trial, meeting the study’s main goal and clearing the way for the company to file for approval of
‘No matter how much pressure comes…’: PM Modi’s message as India prepares for Trump’s additional 25% tariff blow
[ad_1] Trump Tariffs on India: US President Donald Trump’s administration has officially issued a notice regarding the imposition of an additional 25 per cent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27. The notice, issued by the Department of Homeland Security, stated the new levies were in response to
Suzuki to scale up India operations: Rs 70,000 crore investment over next 5–6 years, says automaker firm CEO; move follows EV project launch in Gujarat
[ad_1] Toshihiro Suzuki after PM Modi launched the export programme of Maruti Suzuki India’s first electric vehicle e VITARA Japanese car manufacturer Suzuki Motor Corporation, on Tuesday, announced plans to invest Rs 70,000 crore in India over the next five to six years to enhance its operations in the country, as said by Representative Director and President Toshihiro Suzuki on
PM Modi flags off Maruti Suzuki’s 1st electric vehicle e-Vitara
[ad_1] Prime Minister Narendra Modi flags off Maruti Suzuki’s first electric vehicle e-Vitara from Hansalpur manufacturing facility, Gujarat, on August 26, 2025. Source: YouTube/Narendra Modi Prime Minister Narendra Modi flagged off Maruti Suzuki’s first global electric vehicle, e-Vitara, from Hansalpur, Gujarat, on Tuesday (August 26, 2025). The made-in-India car will be exported to more than 100 countries, including Japan. Mr.
Delhi Airport issues passenger advisory due to bad weather conditions in Leh; flights affected
[ad_1] Delhi Airport has issued an advisory today, August 26, due to bad weather conditions in Leh. The flight operations to the destination have also been affected. Informing through a social media post on X (formerly Twitter), Delhi Airport said, “We are working closely with all the stakeholders to support passengers and minimize inconvenience.” Passenger Advisory issued at 08:38 Hours#DelhiAirport
Markets decline in early trade after U.S. moves to levy additional 25% tariffs
[ad_1] Benchmark indices Sensex and Nifty declined in early trade on Tuesday (August 26, 2025) after the U.S. issued a draft notice over the implementation of an additional 25% tariff on Indian imports. Additionally, persistent foreign fund outflows and a weak trend in Asian markets also dampened sentiment. The 30-share BSE Sensex tumbled 606.97 points or 0.74% to 81,028.94 in
In protein-deficient India, McDonald’s, Bollywood and cricket fuel wellness craze
[ad_1] People look at burgers with extra protein options at an ordering kiosk at a McDonald’s restaurant in Bengaluru, India, August 21, 2025 | Photo Credit: PRIYANSHU SINGH At McDonald’s outlets in South India, a 30-cent burger topping has been selling out fast. It’s not extra cheese or a fancy salsa dip, but a vegetarian protein slice developed with Indian
Cracker Barrel responds to backlash over new logo and rebranding
[ad_1] The new Cracker Barrel logo is seen on a menu inside the restaurant on Aug. 21, 2025 in Pembroke Pines, Florida. Joe Raedle | Getty Images Cracker Barrel Old Country Store on Monday issued a statement responding to the widespread backlash it faced last week over its rebranding and new logo. “If the last few days have shown us
Keurig Dr Pepper to buy JDE Peet’s in $18 billion deal
[ad_1] Keurig Dr Pepper will acquire Dutch coffee and tea company JDE Peet’s in a roughly $18 billion deal that could give a boost to the U.S. giant’s struggling coffee business, the two companies said Monday. Shares of Keurig Dr Pepper closed down 11%, while the stock of JDE Peet’s closed up 15% on the day. The deal was first
OYO to file DRHP in November, targets $7-8 billion IPO valuation: report
[ad_1] File. | Photo Credit: Reuters Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a $7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with the matter told PTI. When reached out, a company spokesperson said, “While
Netflix ‘KPop Demon Hunters’ box office was likely a one-off
[ad_1] And that’s “How It’s Done.” Netflix capitalized on its chart-topping “KPop Demon Hunters” over the weekend with a two-day theatrical release of its new sing-along version. Box office analysts spent much of Sunday trying to determine exactly how well the animated feature performed, relying on anonymous executives from rival studios and scraped data from ticket sales sites. Estimates range