India News
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In what could mark a turning point in cancer care, Russia has unveiled EnteroMix, a new vaccine reported to show 100 per cent efficacy in early clinical trials.
Built on technology similar to Covid-19 mRNA vaccines, EnteroMix is said to shrink aggressive tumours, slow their growth, and do so without the harsh side effects of chemotherapy or radiation. Russian health officials claim the shot is safe for repeated use and can be customised to a patient’s individual RNA.
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US Treasury Secretary Scott Bessent said on Sunday that stronger joint measures by the US and Europe, including secondary tariffs on the countries that buy Russian oil, could push Moscow to the negotiating table over the Ukraine war.
"If the US and the (European Union) can come in, do more sanctions, secondary tariffs on the countries that buy Russian oil, the Russian economy will be in full collapse, and that will bring President Putin to the table," Bessent told NBC’s Meet the Press, according to Reuters.
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LG Electronics IPO: South Korea's LG Electronics is gearing up to launch the maiden public issue of its Indian unit in October. The consumer electronics giant plans to sell 10.2 crore shares or 15 per cent stake worth ₹15,000 crore through the initial public offering (IPO), making it the largest IPO of 2025 so far.
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Mining major Vedanta Limited has proposed an upfront payment of ₹4,000 crore in its bid for the bankrupt Jaiprakash Associates Ltd (JAL), with the remaining balance to be paid over the next five to six years, according to a PTI report.
With this, the Anil Agarwal-owned mining conglomerate’s bid carries a net present value (NPV) of ₹12,505 crore in the auction conducted by lenders to find buyers for JAL.
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Former US National Security Adviser (NSA) Jon Bolton on Thursday said that President Donald Trump's relationship with Prime Minister Narendra Modi has "gone now." In a post on X, Bolton said, "Trump had a very strong relationship with Modi. I think that's gone now."
Bolton, who served as the NSA during Trump's first term, commented on the relationship between the two leaders during an interview with British media platform LBC News.
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Bank of Baroda has classified loan accounts of Reliance Communications Ltd (RCom) and its former promoter Anil Ambani as “fraud”, escalating troubles of the debt-laden telecom operator that has been under insolvency proceedings since 2019.
In an exchange filing on Thursday, RCom said it had received a communication dated September 2 from the state-owned lender.
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The cut in goods and services tax (GST) rates effective September 22 has set the stage for the foreign institutional flows to return to India, believe analysts. However, they would still be mindful of US tariffs’ impact, valuations and the tepid corporate earnings growth back home before they return to Indian shores with animal spirits, they said.
This week’s recast was the biggest overhaul in the GST tax regime since its introduction in 2017 and saw an overall reduction in taxes across consumption categories.
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Apple CEO Tim Cook on Thursday announced the opening of two new Apple stores in India, located in Bengaluru and Pune.
With this launch, Apple now has four official stores in the country. The first two were Apple BKC in Mumbai and Apple Saket in Delhi, followed by the newly announced Apple Hebbal in Bengaluru and Apple Koregaon Park in Pune.
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India has voiced regret over the Ukraine conflict's collateral consequences, including prices of fuel, saying countries of the Global South have been left to fend for themselves, as Delhi underscored that diplomatic efforts hold the promise to end the war and bring lasting peace.
India continues to remain concerned over the situation in Ukraine. We maintain that the loss of innocent lives is unacceptable, and no solution can be found on the battlefield, India's Permanent Representative to the UN, Ambassador Parvathaneni Harish, said Thursday.
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US President Donald Trump hosted a power-packed cohort of technology executives, including Microsoft CEO Satya Nadella and Google chief Sundar Pichai, at the White House, saying the high IQ group is leading a revolution in business.
The most brilliant people are gathered around this table. This is definitely a high-IQ group and I'm very proud of them, Trump said, sitting at the centre of a long table and flanked by First Lady Melania Trump, Microsoft co-founder and billionaire philanthropist Bill Gates on one side and Meta CEO Mark Zuckerberg on the other.
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