The greenback’s near-nine-per-cent fall in 2025 so far can be attributed to multiple factors, including the US’ rising debt, fears of recession and actions of the central banks across the globe. But President Donald Trump’s disruptive streak with regular policy flip-flops has only accentuated the problem and has reduced the appeal of the world’s reserve […]
A new Centre-backed fund is being budgeted to foster a self-sustaining drone ecosystem for development, manufacturing, and adoption of Unmanned Aircraft Systems (UAS), including civilian anti-UAS systems. The new scheme, also known as the New Drone Fund unofficially, would offer incentives to boost drone part localization to 30 per cent of total value, aiming to reduce […]
After a tumultuous 2024, the FMCG industry hopes to gallop ahead in 2025, riding on rising disposable incomes, urbanization, digital penetration, and shifting consumer preferences. Inflation primarily contributed to last year’s slowdown. Interestingly, a McKinsey report predicts that India is projected to have the third-largest number of high-income households globally by 2030, just behind China and the United States. […]
Over time, the US losing its manufacturing prowess is because other countries have upped their game and are offering cheaper solutions across the board. China’s AI company DeepSeek’s growing dominance at the cost of Nvidia, or BYD’s (Chinese EV car company) global clout over Tesla are a glaring example. President Trump’s re-election seems like the […]