Defence ministry gives nod to Rs 30,000 crore UAV drone deal: Two firms to share contract; local production, exports in focus

NEW DELHI: The defence ministry’s recent approval of a Rs 30,000 crore contract for long-range drones is set to revolutionise the UAV manufacturing sector in India, according to Economic Times report. Two manufacturers will share the order, establishing separate production facilities capable of handling future expansions and export opportunities.Defence minister Rajanth Singh-led Defence Acquisition Council…

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Gold price prediction: What’s the gold rate outlook for August 11, 2025 week – should you buy or sell?

Gold price prediction: Gold prices surged to an all-time high on the domestic front last week. (AI image) Gold price prediction today: Gold prices are expected to be range-bound in the coming days as the global economic uncertainties continue to weigh. Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd shares his…

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‘Rapid service’: Donald Trump presses China to increase soybean imports to ease deficit; tariff deadline expiry looms

Trump says China should import soybeans from US (AI-image) President Donald Trump on Monday called on China to increase its purchases of American soybeans, framing the move as a way to address Beijing’s trade deficit with the United States. In a post on Truth Social, Trump wrote, “China is worried about its shortage of soybeans….

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Women investors shine: Smaller states lead in stock market inclusivity; young investor share sees slight dip

Number of women investors rise (AI image) Women’s involvement in the Indian stock market is showing positive growth across states, despite a minor reduction in younger investor numbers, according to a National Stock Exchange (NSE) reportAs of June 2025, data shows increased women’s participation in equity markets across most states. Maharashtra leads amongst the top…

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‘Global-first’ Indian-origin AI startups rake in moolah | India News

BENGALURU: A clutch of India-origin AI startups secured significant early-stage funding, attracting marquee global investors. With a global-first approach, these homegrown startups demonstrated early monetisation potential and commanded premium valuations, reflecting growing confidence in their scalability and global relevance. These AI-native startup deals that TOI learnt about include GigaML, which offers secure on-premise deployment of…

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‘Global chaos relatively positive for India’ – Rising middle class can drive consumer growth: BlackRock COO Goldstein

Robert L Goldstein, chief operating officer of BlackRock, the world’s leading asset manager with funds worth about $11 trillion – which is more than double India’s market cap, is involved with the rollout and expansion of the Jio-BlackRock JV, one of his many initiatives. Goldstein, who first visited India in 2010, remains bullish on the…

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