BRICS nations surpass G7 in global output: US economist

IANS | August 29, 2025 1:24 PM

New Delhi, Aug 29 (IANS) Leading US economist Richard Wolff has warned that a significant global economic shift is underway, noting that BRICS nations have surpassed the G7 in global output, with BRICS at 35 per cent and G7 at 28 per cent of the world GDP.

US tariffs: This is how Indian textile and apparel industry can offset losses

IANS | August 29, 2025 12:05 PM

New Delhi, Aug 29 (IANS) As India’s Indian textile and apparel industry braces for US tariff impact in the coming months, mitigating factors include India’s strong presence in the cotton-based textile value chain, especially in the home textile segment, being the second largest supplier to the US, currency depreciation and expected increase in exports to the EU, the UK, and the Middle East under Free Trade Agreements (FTAs), a report showed on Friday.

Australia to launch first Moon rover on NASA mission

IANS | August 29, 2025 10:50 AM

New Delhi, Aug 29 (IANS) Australia's first Moon rover will be launched around the end of the decade through NASA's Commercial Lunar Payload Services (CLPS) initiative, the Australian Space Agency (ASA) said on Friday.

'Moment of pride for Gujarat': CM Bhupendra Patel on inauguration of end-to-end OSAT facility in Sanand

IANS | August 28, 2025 9:54 PM

Sanand (Gujarat), Aug 28 (IANS) Gujarat Chief Minister Bhupendra Patel, in the presence of Union IT and Railways Minister Ashwini Vaishnaw, inaugurated one of the country’s first end-to-end Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand on Thursday. The plant has been developed by CG Power and is expected to produce India’s first “Made-in-India” chip in the coming months.