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PM Modi holds talks with UK PM Starmer to boost trade, defence, tech ties

PM Modi holds talks with UK PM Starmer to boost trade, defence, tech ties

Prime Minister Narendra Modi on Thursday held wide-ranging talks with his British counterpart Keir Starmer broadly focusing on boosting the India-UK ties in areas of trade, defence and security and critical technology.

The British leader, accompanied by a delegation of 125 of the UK's most prominent business leaders, entrepreneurs and educationists, landed in Mumbai on Wednesday morning on a two-day visit.

Musk settles suit by ex-Twitter CEO Parag Agrawal over denied severance pay

Musk settles suit by ex-Twitter CEO Parag Agrawal over denied severance pay

Elon Musk and the company formerly known as Twitter have agreed to resolve a $128 million lawsuit filed last year by former Chief Executive Officer Parag Agrawal and three other top officials who said they were denied severance payments.

Terms of the settlement weren’t disclosed in a Sept 30 federal court filing, which pushed back deadlines in the case and the date of a scheduled hearing in San Francisco.

India dials up record smartphone exports; shipments touch $13.4 bn in H1

India dials up record smartphone exports; shipments touch $13.4 bn in H1

Smartphone exports for the first six months (April to September) of 2025–26 (FY26) surged to $13.4 billion, based on industry estimates. Driven by the production-linked incentive (PLI) scheme, this marks a 59 per cent jump over the $8.5 billion exported during the same period of the previous financial year (2024–25/FY25).

In September alone, a threefold increase in smartphone exports to the US pushed total exports to $1.7 billion — the highest monthly growth recorded so far compared to FY25.

Israel, Hamas agree to first phase of Gaza peace plan, says Trump

Israel, Hamas agree to first phase of Gaza peace plan, says Trump

Israel and Hamas have agreed to the first phase of a United States-brokered peace plan to pause fighting in Gaza and facilitate the release of hostages and prisoners, US President Donald Trump announced.

Taking to social media platform Truth Social, Trump said, “This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. All Parties will be treated fairly!”

Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets

Govt to launch ₹7,350 cr plan to boost production of rare-earth magnets

The government is in final stages of launching a ₹7,350 crore scheme to spur domestic production of sintered rare earth permanent magnets (REPMs) and cut import dependence, Business Standard has learnt. This comes months after China imposed restrictions on exports of REPMs in April, squeezing supplies to India’s automobile and electronics industries.

Poll code applicable to Central govt too for policy decisions on Bihar: EC

Poll code applicable to Central govt too for policy decisions on Bihar: EC

The Election Commission on Wednesday said the provisions of model code of conduct are also applicable to the Central government as far as announcements and policy decisions on Bihar are concerned.

The poll code came into force immediately after the Election Commission (EC) announced the schedule for the Assembly elections in Bihar on Monday.

11 soldiers, 19 TTP militants killed during clash in northwest Pakistan

11 soldiers, 19 TTP militants killed during clash in northwest Pakistan

Nineteen terrorists of the outlawed TTP and 11 soldiers were killed during an intelligence-based operation in Pakistan's restive Khyber Pakhtunkhwa province, the military said.

The operation was conducted by the security forces in the province's Orakzai district, bordering Afghanistan, on the reported presence of terrorists belonging to "Fitna al-Khawarij" on the intervening night of October 7-8, the military's media wing said in a statement.

Vijay's TVK moves SC challenging HC order for SIT probe into Karur stampede

Vijay's TVK moves SC challenging HC order for SIT probe into Karur stampede

Tamil actor Vijay's political party Tamilaga Vettri Kazhagam has moved the Supreme Court challenging the Madras High Court order constituting a SIT to probe the Karur stampede that killed 41 people. The apex court agreed to hear the plea on Friday.

A bench comprising Chief Justice B R Gavai and Justice K Vinod Chandran took note of the submissions of a lawyer that the plea, filed through TVK's secretary Aadhav Arjuna, be listed for hearing.

Best time to invest in India: PM Modi renews Make in India pitch at IMC

Best time to invest in India: PM Modi renews Make in India pitch at IMC

Prime Minister Narendra Modi on Wednesday reiterated his call to strengthen 'Make in India' across industries, including mobile phones, semiconductors, and electronics, noting that the government is fast-tracking reforms and creating attractive opportunities for investors.

Speaking at the 9th edition of the India Mobile Congress (IMC) at Yashobhoomi, PM Modi said, "When I talked about ‘Make In India’, people used to make fun of it.

Indian refiners likely to import more Russian oil as discounts deepen

Indian refiners likely to import more Russian oil as discounts deepen

Indian refiners are expected to boost oil imports from Russia in the coming months, as trade talks with Washington drag on and discounts widen amid ample supplies.

Discounts on Urals crude loading in November are $2-to-$2.50 a barrel to Dated Brent, making it attractive, according to people familiar with the developments.

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