July 28, 2025
Upper house adjourned twice amid protests over electoral roll issues and migrant worker discrimination under parliamentary rules
The upper house proceedings were twice adjourned due to persistent protests by opposition members over issues including electoral roll revisions in a specific state and alleged discrimination against migrant workers. Despite receiving multiple notices under parliamentary rules demanding discussions on these matters, the presiding officer declined the adjournment requests and allowed a nominated member to speak during the designated session. Opposition members vocally opposed this decision, leading to disruptions and slogans accusing electoral malpractice, prompting the chair to adjourn the house until the afternoon.
July 28, 2025
Electric scooter maker launches flexible financing with low down payment and instant loan approvals
A manufacturer of electric vehicles has partnered with a non-banking financial company to offer flexible financing options for its newly launched electric scooter, with down payments starting at a specified low amount. The financing arrangement includes competitive interest rates, customizable repayment tenures, instant loan approvals, and EMIs tailored to customer needs, aiming to increase accessibility and affordability of electric vehicles. The manufacturer has conducted extensive pilot testing of its product across diverse terrains and is expanding its sales and service network across multiple cities. The partnership is intended to remove financial barriers for consumers transitioning to electric mobility, supporting the growth of clean transportation solutions.
July 28, 2025
Global Cruise Line Unveils 2027 Spring-Summer Schedule with 500 Voyages and Enhanced Guest Experiences
A global cruise operator announced its extensive deployment for the Northern Hemisphere spring and summer 2027 travel season, featuring nearly 500 voyages across 20 ships from approximately 30 homeports worldwide. The itineraries include multiple overnight stays, late departures, and expanded seven-day voyages primarily in Europe, Alaska, the South Pacific, the Caribbean, Bahamas, and Bermuda. The deployment emphasizes longer port times, new destination calls, and enhanced guest experiences, including private island amenities and customizable shore excursions. The company offers a bundled package across its fleet that includes premium beverages, specialty dining, Wi-Fi, and shore excursion credits. This announcement provides travelers with early booking opportunities for diverse cruise options and extended vacation flexibility during the peak 2027 travel season.
July 28, 2025
US and UK Leaders Meet at President's Golf Property to Discuss Trade and Geopolitical Issues
The US President is meeting with the UK Prime Minister at a golf property owned by the President's family in Scotland to discuss ongoing trade relations and geopolitical issues. The leaders have recently signed trade agreements reducing tariffs on aerospace and auto industries and increasing US beef imports to the UK. Discussions will also cover efforts to address conflicts in Gaza and Ukraine, including ceasefire negotiations. Despite protests against the President's visit, the meeting aims to strengthen bilateral ties, with a focus on finalizing outstanding trade issues such as steel tariffs. The President's golf courses serve as venues symbolizing the importance placed on US-UK relations. The President is scheduled for a second state visit to the UK later in the year.
July 28, 2025
Hospitality Investment Forum Highlights Global Trends, Real Estate Cycles, and Innovation for Investors
An international hospitality investment forum in Asia will feature keynote addresses from senior executives of a major financial institution and a leading online travel company. The forum will address topics such as the global economic outlook, geopolitical shifts affecting capital flows, and tourism trends across the Asia Pacific region. Sessions will focus on real estate investment cycles, third-party operator evaluations, and innovation in hospitality growth and sustainability. The event aims to provide investors, including high-net-worth individuals, family offices, sovereign wealth funds, and private equity groups, with insights to navigate opportunities in the hospitality market. The organizer emphasizes the forum's role in connecting key industry stakeholders to facilitate informed investment decisions.
July 28, 2025
Tech Manufacturer Showcases Military-Grade Storage and Connectivity Solutions for Harsh Industrial Environments
A technology manufacturer announced its participation in a major industrial automation expo, presenting a range of military-grade storage, memory, and connectivity solutions designed for harsh industrial environments. The products comply with stringent U.S. military standards and support advanced applications such as AI workloads and real-time automation. The portfolio includes high-performance SSDs, DRAM modules, Ethernet and wireless connectivity cards, and legacy system integration options to facilitate smooth transitions to smart manufacturing. Additional engineering services provide enhanced protection against environmental hazards. The company offers on-site expert consultations to assist manufacturers in selecting appropriate solutions for industrial transformation.
July 28, 2025
E-commerce Conference Launches New Policies and Talent Programs to Boost Digital Innovation and Cross-Border Sales
A major e-commerce conference was held in a Chinese province to enhance collaboration between government and industry in the digital commerce sector. Organized by multiple governmental and commercial entities, the event focused on digital innovation, sustainable growth, and regional integration within e-commerce. Key activities included policy briefings, release of a development report, presentation of innovation case studies, and introduction of talent development programs for livestream hosts. New initiatives targeting cross-border sales and high-quality e-commerce development were launched. The conference featured thematic sub-forums on technology, integrated development, cross-border trade, and corporate responsibility, alongside industry matchmaking and sector-specific sessions. Additional events emphasized regional revitalization and practical implementation of strategic goals to foster growth in the national e-commerce ecosystem.
July 28, 2025
Tech firm wins $60M deal for network software, AI test automation, and delivery center setup under Section 2
A technology services company secured a multi-year contract valued at approximately $60 million with a major U.S. wireless telecommunications provider to deliver advanced network software development and application engineering services. The agreement includes R&D lab integration, new product development, and functionality testing for the client's network software automation platforms, along with establishing a delivery center in the United States. This engagement builds on a decade-long partnership and involves leveraging expertise in next-generation networks and Smart World connectivity solutions. The services provider plans to expand offerings by integrating AI-powered test automation to enhance product development and operational efficiency, reinforcing the strategic collaboration between the parties in telecommunications innovation and network automation.
July 28, 2025
New Meme Coin Launches with Layer 2 Blockchain, Launchpad, and Anti-Rug Pull Features
A new cryptocurrency project has launched a meme coin with an integrated Layer 2 blockchain designed to support fast, low-fee transactions and community-driven token creation. The platform includes a launchpad enabling users to create and market meme tokens with built-in protections against common risks such as rug pulls and bot sniping. The project has raised significant presale funds and plans exchange listings, aiming to provide sustainable growth beyond typical meme coin hype. Tokenomics feature a capped supply and liquidity locks to enhance investor confidence. The presale allows purchases with Ethereum or USDT via compatible wallets, with tokens claimable post-sale. The project emphasizes utility and infrastructure to differentiate from traditional meme tokens, promoting itself as a long-term investment opportunity within the volatile crypto market.
July 28, 2025
US-China trade talks impact Asian markets amid new EU-US 15% tariff deal and $550B Japan-US investment talks
Asian stock markets showed mixed performance following record highs on US exchanges, amid ongoing trade negotiations between the US and China in Stockholm. The European Union and the US reached a tentative agreement to impose 15% tariffs on most exports to the US, averting more severe import duties. Uncertainty remains over a proposed $550 billion investment fund pledged by Japan to the US, with terms still under negotiation and no formal agreement finalized. A Hong Kong conglomerate involved in selling Panama Canal ports may seek Chinese investment, potentially increasing US regulatory scrutiny due to geopolitical concerns. Meanwhile, US companies reported mixed earnings, with some exceeding expectations and others facing losses and restructuring. Market optimism is driven by hopes for trade deals reducing tariffs and the Federal Reserve's anticipated cautious approach to interest rate cuts, pending economic data on tariff impacts.
July 28, 2025
Nationwide Hairstyling Competition Launches with Mentoring and Live Final Showcasing Top Talent
A professional hair colour brand and a digital talent hunt platform have partnered to conduct a nationwide competition aimed at recognizing hairstyling talent. The contest involves multiple knockout rounds, culminating in a final event where top finalists participate in mentoring sessions and a live styling competition judged by industry experts. The event will be featured as a reality series on a digital streaming platform. The organizing companies emphasize their commitment to empowering hairstylists through education, exposure, and professional opportunities. The collaboration also includes promotional activities such as photography sessions and social media campaigns to highlight participants' creativity and skill. The competition is positioned as a significant platform for advancing careers in the hair and beauty industry within the country.
July 28, 2025
Entrepreneur honored for creating SaaS platform boosting sales, loyalty, and job growth with top security standards
A small-town entrepreneur and co-founder of a technology company was honored with a national award for developing an integrated SaaS platform that supports sales, distribution, and loyalty management for Indian enterprises. The platform complies with international security and data protection standards and serves over 100 clients across multiple industries without external funding. The company has grown from a startup to a business generating significant revenue and creating over 1,000 jobs nationwide. The award recognizes the entrepreneur's contribution to digital transformation and job creation, highlighting the impact of innovation and leadership rooted in small-town India. The company plans to expand internationally and double its workforce, continuing to support the digital ecosystem and economic development.
July 28, 2025
Equity Markets Fall Amid Private Bank Profit Drop and Uncertainty Over India-US Trade Deal
Equity markets declined due to significant selling pressure in a major private bank following its quarterly profit report, which revealed a substantial drop in net profit and highlighted stress in its retail commercial vehicle portfolio amid adverse macroeconomic conditions. Uncertainty surrounding a pending bilateral trade deal between India and the United States further dampened investor sentiment. Persistent foreign institutional investor outflows and weak Asian market trends contributed to the downturn. Key technology and telecom firms also experienced declines, while select industrial and financial stocks showed gains. Market analysts noted that the delayed trade agreement and workforce reductions in the IT sector exacerbated negative market sentiment. Overall, the combination of corporate earnings concerns, geopolitical trade uncertainties, and foreign investor withdrawals led to a notable fall in benchmark equity indices.
July 28, 2025
Domestic Currency Gains Slightly Amid US-India Tariff Talks and Dollar Demand Pressure
The domestic currency appreciated slightly against the US dollar amid ongoing US-India tariff negotiations, with limited gains due to continued dollar demand from importers and foreign fund outflows. Despite positive developments in trade agreements between other global partners, the local unit remained stable, opening at 86.43 against the dollar. Foreign institutional investors sold equities significantly, and the country's foreign exchange reserves declined by over one billion USD in the week ending mid-July. Market participants are closely monitoring upcoming US Federal Reserve policy decisions, while crude oil prices rose modestly following eased tariff concerns from recent trade agreements. The equity market showed minor declines alongside these currency and trade developments.
July 28, 2025
Chief Minister's 5-Day Singapore Visit to Boost Port Growth, Tech Innovation, Green Energy, and Sports Partnerships
The Chief Minister of an Indian state is undertaking a five-day visit to Singapore focused on enhancing port-led industrial growth, urban development, and international sports collaboration. Meetings with Singaporean government officials and corporate representatives aim to foster cooperation in energy, technology, industrial innovation, and smart logistics. Discussions include partnerships with aerospace and industrial technology firms, green energy solutions, and aligning sports infrastructure and athlete development with global standards. The visit also involves engagement with academic institutions to promote workforce transformation and culminates in presenting the state's development roadmap at a bilateral business forum. Strategic talks with major port operators are planned to enhance export infrastructure and industrial clusters.
July 28, 2025
Top Officials Meet to Discuss Tariffs, Trade Imbalances, and Fentanyl Controls Ahead of Leader Summit
Top officials from two major economies are scheduled to meet in Stockholm to discuss maintaining current tariff levels and preparing for a potential summit between their leaders later in the year. The talks aim to address longstanding trade imbalances, market access, industrial overcapacity, and chemical controls related to fentanyl production. Previous rounds have resulted in a status quo of tariffs, with the importing country maintaining a 30% rate and the responding country a 10% rate, alongside specific fentanyl-related tariffs. The discussions may also cover broader geopolitical issues, including energy purchases from sanctioned countries and possible security concessions. While tariff reductions are unlikely at this stage, the meeting is viewed as a critical step toward a more comprehensive trade agreement and easing tensions between the two nations.
July 28, 2025
US and EU agree on 15% tariff for most European goods, excluding strategic items, under new trade deal
The United States and the European Union have reached a trade agreement imposing a 15% tariff on most European goods imported into the U.S., reducing the threat of a previously proposed 30% tariff. The deal excludes certain strategic goods from tariffs and involves the EU purchasing significant amounts of U.S. energy and investing heavily in the U.S. However, key issues remain unresolved, including tariffs on steel and pharmaceuticals, and specific details on agricultural tariffs and investment sources. The higher tariffs are expected to increase costs for U.S. consumers and reduce profits for European exporters, potentially slowing economic growth. The agreement maintains market access and provides some stability but leaves uncertainty due to incomplete terms. Reactions vary, with some welcoming the avoidance of escalation and others warning of negative impacts on export industries, particularly automotive companies affected by prior tariffs.
July 28, 2025
US-EU Agree on 15% Uniform Tariff with Key Exemptions to Avoid Trade War and Boost Energy, Investments
The United States and the European Union reached a trade agreement establishing a uniform 15% tariff on most goods to prevent the imposition of higher tariffs that threatened to trigger a trade war. The deal includes commitments by the EU to purchase substantial U.S. energy supplies and increase investments, alongside a major military equipment acquisition. Certain strategic products, such as aircraft, chemicals, generic drugs, semiconductor equipment, and some agricultural goods, will remain exempt from tariffs. The agreement requires further negotiation and approval by EU member states and lawmakers. The framework aims to provide stability and predictability in transatlantic trade, with both parties emphasizing fairness and open market access. The agreement averts imminent tariff imposition deadlines and potential retaliatory measures that could have significantly impacted various sectors on both sides.
July 28, 2025
Passenger Caught Carrying Rs 29.67 Lakh Cash Without Documents Under Suspicion of Hawala Transaction
A passenger traveling on a train was apprehended for carrying approximately Rs 29.67 lakh in cash without valid documentation. The arrest occurred following intelligence about a large sum being transported to another state. Upon inspection, authorities found the cash in the passenger's possession and preliminary inquiries indicated the money was linked to an illegal hawala transaction. The seized funds have been transferred to the Income Tax Department for further investigation.
July 27, 2025
US and EU Agree on 15% Tariff Cap to Prevent Punitive Import Taxes and Retaliatory Trade Measures
The United States and the European Union reached a comprehensive tariff agreement following high-level negotiations aimed at preventing the imposition of punitive import taxes scheduled by the U.S. The deal addresses longstanding trade imbalances and aims to avoid retaliatory tariffs from the EU on American goods. The agreement was finalized shortly before a firm U.S. deadline for tariff enforcement, which had threatened to impose rates up to 30 percent on EU imports. The parties agreed on tariff rates comparable to a recent U.S.-Japan deal, around 15 percent, with no willingness to lower them further. The resolution averts potential economic disruptions affecting a wide range of products, including agricultural goods and industrial items, and reflects ongoing efforts to stabilize transatlantic trade relations amid broader geopolitical and economic negotiations.
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