Category : Trade & Export


OpenAI CEO Seeks $50B+ Middle East Funding

OpenAI CEO Sam Altman is meeting Middle East investors to raise $50B+ at $750B-$830B valuation. Talks are early, with potential Q1 closure. The AI firm faces competition and massive infrastructure costs.

SWR Scraps Mysuru-Kushalnagar Railway Line

South Western Railway abandons the Mysuru-Kushalnagar railway project due to poor financial viability and local opposition. The 87-km line faced rising costs and insufficient traffic potential.

US-EU Tariff Row Could Boost India-EU Trade Deal

As US imposes tariffs on EU nations, trade experts suggest the European Union may accelerate FTA negotiations with India. The deal could be finalized during the January summit in New Delhi.

India-UAE Seal $2.5 Billion LNG Agreement

India and UAE sign a major LNG agreement worth over $2.5 billion, making India ADNOC Gas's largest customer and boosting bilateral trade targets to $200 billion by 2032.

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