Highways min to give DPR work based on firms’ tech capacity, ratings & bank guarantee

NEW DELHI: The road transport and highways ministry will now give higher scores to project consultancy firms that have good technical strength and better ratings based on their previous works, and submit the maximum bank guarantee (BG), as it does away with the norm of accepting lowest price (L1) bid for preparation of detailed project … Read more

DRDO tech drive: Over 2,000 technology transfer deals inked in 2024, 200 licences issued

The Defence Research and Development Organisation (DRDO) has signed over 2,000 technology transfer agreements and issued more than 200 production licences so far in 2024, significantly advancing India’s push for self-reliance in defence manufacturing, a senior official said on Wednesday.“Over 2,000 agreements were signed for technology transfer licences,” said Dr Chandrika Kaushik, Director General (PC&SI), … Read more

Bypassing China’s critical minerals export ban: US buyers re-routing shipments via Mexico, Thailand, says report

A sharp rise in US-bound shipments of antimony from Thailand and Mexico has reportedly emerged since China imposed export curbs last year, highlighting how global supply chains are being re-routed to work around geopolitical restrictions.According to customs and shipping data reviewed by Reuters, more than 3,800 metric tons of antimony oxides were imported into the … Read more

Donald Trump fires new tariff salvo! Letters to more countries released; Iraq, Philippines & others to face up to 30% duties – check list

Donald Trump tariffs (AI image) US President Donald Trump on Wednesday issued a fresh set of tariff letters to countries warning them of reciprocal duties from August 1, 2025. Trump had earlier said that he would be issuing tariff letters for seven more countries today. Earlier this week, he had released letters for 14 countries, … Read more

ICICI Prudential AMC IPO: Fund house plans mega Rs 10,000 crore offering; files Draft Red Herring Prospectus

A joint venture between ICICI Bank and Prudential Corporation Holdings Limited, the fund house has been operating since 1998. (AI image) Mumbai: ICICI Prudential Asset Management Company Ltd has filed its Draft Red Herring Prospectus with markets regulator SEBI for a Rs 10,000 crore IPO. The shares on offer constitute 10% of the total equity … Read more

Nvidia market cap milestone: Chipmaker becomes first public company to hit $4 trillion, AI boom drives rally

Nvidia’s market capitalisation touched the $4 trillion mark for the first time on Wednesday, making it the world’s first publicly listed company to hit the milestone, amid sustained investor demand for artificial intelligence-linked stocks.Shares of the chipmaker climbed as much as 2.4% to $164 in intraday trade, buoyed by Nvidia’s leadership in high-end AI semiconductor … Read more

Bihar Election: Supreme Court agrees fresh pleas challenging ECI’s voter revision drive

The Supreme Court on Wednesday agreed to hear two more pleas challenging the Election Commission of India’s move to conduct a Special Intensive Revision (SIR) of electoral rolls in poll-bound Bihar.A bench of Justices Sudhanshu Dhulia and Joymalya Bagchi agreed to hear the pleas on July 10, along with other pending petitions. Advocate Vrinda Grover … Read more