Chile’s state-owned Codelco, the world’s leading copper producer, and private miner SQM, which features Chinese capital, announced Saturday the creation of a giant company to exploit lithium, a lightweight metal used in batteries for electric vehicles.The South American country is the world’s second-largest producer of lithium, a key component of EVs and other clean technologies,…
In its latest rich list for the year 2025, Hurun India awarded Indian-origin billionaire Jayshree Ullal, the Chief Executive Officer (CEO) and President of Arista Networks. With this achievement, she has successfully surpassed popular Indian-origin tech leaders such as Google’s Sundar Pichai and Microsoft’s Satya Nadella in the list of wealthiest executives in the tech…
Air India Express will get its first line fit Boeing 737-8 MAX aircraft on Monday, December 29 in New Delhi. It’s the first brand-new plane made specifically for Air India since Tata Group took over from the government in 2022. The aircraft, registered as VT-RNT, pays tribute to Ratan Naval Tata with a special livery…
NEW DELHI: IndiGo has cancelled 13 flights scheduled for Sunday, citing forecasted bad weather across several airports, with two services affected by operational reasons. The cancellations impact routes to and from major cities, including Chandigarh, Mumbai, Ahmedabad, Hyderabad, Amritsar, Bengaluru, Delhi, Gaya, Kolkata, Chennai, Jaipur and Pune.The airlines on Saturday had cancelled 57 flights across…
China’s industrial firms saw their profits drop by 13.1 per cent in November, from last year, marking the steepest decline in over a year. This fall came despite strong exports, putting focus on country’s ongoing economic struggles and increasing pressure for more government support. The National Bureau of Statistics released these figures on Saturday, as…
Silver prices surged over 15 per cent last week to reach Rs 2.42 lakh per kg in the nation’s futures market. This rally was driven by strong industrial demand, expected US interest rate cuts in 2026, and concerns about supply disruptions. The price surge was mirrored globally, with silver reaching an all-time high of $79.70…
The US Wall Street is hoping to mark a strong finish for the year, amid recent highs. The S&P 500 ended at a record high on Wednesday, ahead of the Christmas holiday , being just around 1 per cent short of the 7,000 mark for the first time.The S&P 500 is on track for its…
India must allow insolvency and bankruptcy to build dynamic, risk-taking economy: PM’s Economic Advisory Council member Sanjeev Sanyal NEW DELHI: India needs to be comfortable with people and companies going bankrupt, as continuous insolvency and bankruptcy are essential for building a risk-taking and dynamic economy, said Economic Advisory Council to the Prime Minister (EAC-PM) member…
This is a representative AI image (Credit: Chatgpt) As the curtain begins to fall in 2025, India’s economic story resists easy labels. Was it the year the country was squeezed by global trade wars and tariffs? Or was it a rare “Goldilocks” moment, marked by strong growth, low inflation and ample policy room to support…
Maglev train tested in China (Image taken from X) Chinese scientists have achieved a milestone in magnetic levitation technology. Researchers at China’s National University of Defence Technology successfully propelled a one-tonne vehicle to 700 kilometers per hour in just two seconds on a 400-meter test track, setting a new world record for superconducting electric maglev…
