India-US trade deal: India’s chief trade negotiator may travel to America next week; Modi-Trump call likely soon

Rajesh Agarwal, the chief trade negotiator, will travel to Washington for continued discussions with American officials. (AI image) Amidst signs of thaw in the India-US trade deal issues, government officials are likely to travel to America next week. The recent social media post exchanges between Prime Minister Narendra Modi and US President Donald Trump indicate…

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Steve Waugh pads up to bring select Oz brands to India

MUMBAI: At 60, when few people gather the courage to try something new, Steve Waugh is undertaking an entrepreneurial stint in India.The former Australian captain who enthralled fans with his gritty batting is launching Australia Essence, a business venture he co-founded, here to tap into the country’s booming retail market where consumers are increasingly seeking…

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IDBI Bank files new insolvency plea against Zee

MUMBAI: IDBI Bank has once again dragged Zee Entertainment Enterprises to the insolvency court. It has filed a fresh application before the Mumbai bench of the company law tribunal to initiate insolvency proceedings against Zee for a default of Rs 225 crore. Zee has disputed the bank’s claim, terming it meritless and an abuse of…

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Who is the world’s richest person? Elon Musk snatches back crown from Larry Ellison; check their net worth

Larry Ellison ascended to become the wealthiest individual globally, surpassing Elon Musk, who had held this position since four years. (AFP photo) Larry Ellison, Oracle’s Chief Technology Officer, overtook Elon Musk to become the world’s richest person on Wednesday – albeit temporarily. The current wealth gap between these titans stands at a relatively modest one…

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Hyundai-LG site raid: South Korea warns US action may affect future investment; President Lee terms it ‘bewildering’

File photo: South Korean President Lee Jae Myung (Picture credit: AP) South Korean President Lee Jae Myung on Thursday warned that a large-scale US immigration raid at a Hyundai-LG battery plant under construction could have serious repercussions on future South Korean investments in America.The operation in Georgia, which saw hundreds of South Korean workers chained…

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$393bn: Larry Ellison tops Elon Musk as richest man

Larry Ellison has become the world’s richest person for the first time, ending Elon Musk‘s nearly year-long reign in the top spot. Ellison’s fortune soared $101 billion early in New York after Oracle reported quarterly results that surpassed expectations and said there’s more growth to come.The increase lifted his total fortune to $393 billion, ahead…

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