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Business . Trade . Collaboration | Advocacy . Partnership . Policy . Innovation
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Trump had signed an executive order authorizing a 25% additional tariff on imports from Canada and Mexico and a 10% additional tariff on imports from China. Energy imported from Canada, including oil, natural gas and electricity, would be taxed at an additional 10%.
President Donald Trump and Softbank's CEO announced $100 to $500 billion in investments to create 100000 plus new American jobs.
Softbank’s Son will be the chairman of Stargate, a separate joint venture to construct data centers in Texas, while semiconductor company Arm, Microsoft, NVIDIA, Oracle, and OpenAI will be “the key initial technology partners,".
FOX Business' Ashley Webster reports on GE Vernova's $600 million investment in U.S. manufacturing and speaks with CEO Scott Strazik. The global Massachussetts-based firm said the investments will focus on gas power, grid, nuclear and onshore wind manufacturing sites, creating some 1,500 new manufacturing and engineering jobs across several states.
TheFinRate News: Trump Media’s Truth.Fi financial products would focus on “American growth, manufacturing, and energy companies as well as investments that strengthen the Patriot Economy,” according to the release.
The company is investing $250 million into crypto and other investments to kick-start a broader financial-services venture.
President Trump announced a $20 billion foreign investment to build new data centers across the United States, by Billionaire Hussain Sajwani, founder of the property development company DAMAC Properties, is pledging the money.
Reuters: Automakers like General Motors (GM.N), opens new tab and Mercedes (MBGn.DE), opens new tab, French cognac makers, and Italian producers of parmesan cheese and sparkling wine have all expedited deliveries to the United States. Commodities buyers meanwhile stepped up purchases of steel, aluminium, and soybeans. "We see companies currently front-loading their imports into the U.S.," said Patrick Lepperhoff, managing director at supply chain consultancy Inverto in Cologne
The Budget aims to initiate transformative reforms in Taxation, Power Sector, Urban Development, Mining, Financial Sector, and Regulatory ...
Click below for reports from Business Standard, Economic Times, PIB, and EY
With the summit drawing global leaders and policymakers, India was able to secure proposals worth over 20 lakh crore INR, emphasizing its strategic positioning on the world stage.
Maharashtra leading and finalizing agreements totaling 15.70 lakh crore INR [or USD 1.8 T] (MoUs), set to create approximately 16 lakh jobs across the state, underscoring the positive impact on local economies.
The Mahakumbh 2025 in Prayagraj, anticipated to attract over 400 million visitors, is not just a spiritual congregation but also a significant economic event. The retail and hospitality sectors, in particular, are gearing up to harness this opportunity, with projections indicating economic activity worth Rs 2-3 lakh crore.
IBEF: Revenue from India’s SaaS market is expected to grow from US$ 7.18 billion in 2023 to US$ 62.93 billion by 2032, indicating a CAGR of 27.3%. As of 2023, the country is home to more than one thousand SaaS companies with over 150 companies having annual revenues more than US$ 1 million.
Vice President JD Vance Oath Ceremony
2024 US Election won by Republicans (GOP)