Kochi: The US has directed countries to business association with Iran else they will have to face sanctions after its war with Iran nearing six months, media reports said.Treasury Secretary Scott Bessent said the U.S. was launching an “economic onslaught” against Iran’s worldwide financial connections without specifying countries that would be targeted.The Treasury Department …
Kochi: Tamil Nadu Chief Minister Joseph Vijay’s film ‘Jana Nayagan’ Box Office Collection witnessed a sharp drop on Friday.However, the actor turned politician’s last film as an actor opened strongly at the box office, earning Rs 42.7 crore net in India on its first day, the Screen reported.According to trade tracker Sacnilk, Jana Nayagan earned …
Kochi: Speculations are rife that CPM is divided on the issue of Gautam Adani selling 49% stake in the Adani Vizhinjam Port Pvt Ltd to Mediterranean Shipping Company (MSC) Group for about $1.4 billion without state government’s knowledge. Senior CPM leader and party central committee member E P Jayarajan’s absence in the party’s central committee …
Kochi: US-based CorroHealth on Friday agreed to hold talks with Kerala Government on retrenchment of employees, Kerala Labour Minister Bindu Krishna said on Friday.Top level company officials of the healthcare technology company will hold further talks in coming days, Bindhu Krishna told reporters.The meeting took place after Kerala High Court directed both sides to attempt …
Kochi: Uttar Pradesh signed an MoU worth Rs 50,000 crore with 15 companies at a high-profile investment roadshow hosted by Chief Minister Yogi Adityanath in Bengaluru on June 24.The Uttar Pradesh Global Growth Dialogue 2026 was attended by representatives from global corporations, Global Capability Centre operators, technology firms, real estate developers and institutional investors, the …
Kochi: Kerala’s decision to sharply reduce the sales tax on Indian-made foreign liquor (IMFL) with low alcohol content in Kerala has put the Congress-led government in a soup.The Opposition is using the issue to bash the government accusing it of helping a leading liquor manufacturer.The CPM has accused the government of protecting “certain interests”, and …
Kochi: Avocado is a highly healthy fruit and people should make it a part of their diet, Former Kerala Minister P J Joseph, MLA, said.Speaking after visiting the Avocado Festival at Malabar Foods Thenamkunnu in Thodupuzha, Joseph said cultivating in the hilly areas of Idukki would fetch good returns for the farmers.This is the first …
Kochi: In a major relief, the Union government on Friday cut down excise duties for petrol and diesel by Rs 10 per litre each, media reports said.This has brought down taxes on petrol to Rs 3 per litre of petrol and making it zero for diesel.There are fears among the people the benefit will not …
Kochi: India can buy Russian oil currently stranded at sea on a short term basis after the US Treasury Department temporarily eased sanctions, BBC reported.Treasury Secretary Scott Bessent said the permission is for 30 days to allow oil to keep flowing in the global market.It will also help “alleviate pressure caused by Iran’s attempt to …
Kochi: The US Supreme Court has struck down President Donald Trump’s sweeping global tariffs delivering a major blow to the president’s economic agenda, BBC reported.The Supreme Court ruled Trump exceeded his authority when he imposed tariffs via a law reserved for national emergencies.The ruling applies to his so-called “Liberation Day” tariffs. Trump argues the taxes …
Kochi: In a major decision, the centre cleared a Rs 3.25 lakh crore proposal on Thursday to induct 114 additional fighter jets into the Indian Air Force (IAF), the Economic Times reported.The Defence Acquisition Council (DAC), chaired by Defence Minister Rajnath Singh gave Acceptance of Necessity (AoN) to the programme.The proposal was approved by the …
Kochi: US government-backed small business loans will nolonger be available for Green card holders from March 1, 2026, the Economic Times reported.This is due to the US Small Business Administration (SBA) tightening its citizenship and residency rules.The change applies to key SBA loan programmes and affects businesses with any ownership by lawful permanent residents, an …
Kochi: Prime Minister Narendra Modi has described the India-US trade deal as a “big decision” benefiting everyone in the country, Times of India reported.The BJP-led government always works for the benefit of the nation, Modu said at the meeting of the NDA Parliamentary Party.NDA partners greeted Modi for the trade deals with the US and …
Kochi: Kerala gulped liquor worth Rs 332.62 crore during Christmas days from December 22 to 25, Asianet reported. It is 19 percent more compared to the same period in 2024.Liquor worth Rs 114.45 crore was sold during December 24.Bevco had opened premium counters this year.Kerala State Beverages (M&M) Corporation Ltd (BEVCO) sells liquor on behalf …
Kochi: Pakistan privatised loss making Pakistan International Airlines (PIA) at Rs 135 billion to a consortium led by a local investment company, The Economic Times reported.Investment firm Arif Habib outplayed pre-qualified parties, Lucky Cement, private airline Airblue in the bid claimed to be done transparently. Arif Habib emerged the highest bidder, offering Rs 115 billion, …
Kochi: Kerala State Beverages Corporation (BEVCO) earned a record ₹826.38 crore through the sales of liquor during the Onam season ended September 4 posting 6.38 per cent increase in the same period last year.In the same period last year it was Rs 776.82 crore..Onam eve Uthradam day witnessed an increase of 9.23 per cent at …
Kochi: In a blow to the Lulu Group, the CPI has opposed reclamation of wetland for setting up a Mall at Thrissur, media reports said.The party Council took the decision to stand against filling of paddy fields against which a CPI local leader Mukundan had gone to court.Mukundan had told the media that his actions …
Kochi: Steep tariffs on goods from India to the US will take effect from Wednesday scaring exporters who are fearing a sharp decline in US orders after trade talks collapsed, media reports said.An additional 25 per cent duty announced by will make total tariffs to 50%, as a punishment for New Delhi buying of Russian …
Kochi: In a bid to give a major thrust to the digital connectivity programme, India has allowed Elon Musk’s Star Link to provide satellite internet and other services in the country, media reports said.The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has given permission to M/s Starlink Satellite Communications Pvt Ltd (SSCPL) to offer …
Kochi: US multinational tech firm Apple Inc has damned US President Donald Trump’s suggestion to make iPhones in the US instead of India.Reiterating its ‘Make in India’ commitment,Apple said it wanted to make the country a major manufacturing base.It assured that Apple’s investment plans for India are intact.India produced about 15 percent of its annual …
