Seasonal demand and improved inventory drawdown have pushed Indian Hot Rolled Coil (HRC) prices upward, even as exports remain muted in the international market. According to the latest sector update from IDBI Capital, domestic HRC prices increased by 2.4 per cent Week-on-Week (WoW) to reach
Emphasizing the importance of the Indo-Pacific region to global security, US President Joe Biden identified the Indo-Pacific as the critical region for the future of the US and the world.
In a statement, the White House highlighted the range of security assistance provided to Taiwan, including the first-ever use of Foreign Military Financing (FMF) and Presidential Drawdown Authority (PDA), as well as International Military Education and Training (IMET), Taipei Times reported.
The package includes authorization of a Presidential Drawdown Authority (PDA) package, which has an estimated value of USD 1.25 billion, to provide Ukraine additional capabilities to meet its most urgent needs, including missiles for air defence; munitions for rocket systems and artillery
The Indian stock market has historically witnessed significant volatility, with intra-year drawdowns of 10 per cent or more recorded in 22 times out of the last 25 years, according to a recent report by Motilal Oswal.
The United States has announced the largest-ever military aid package worth USD 567 million for Taiwan issued under the Presidential Drawdown Authority (PDA), Focus Taiwan reported citing CNA.
The report highlights the key indicators which reflect the extreme valuations in the Indian markets. It added that the market cap to GDP ratio stands at 150 per cent, matching the 2007 peak.
New Delhi [India], June 22: Oxane Partners ("Oxane"), a leading technology-driven solutions provider to private markets, announced that it has won the Portfolio and Risk Management Technology award at the Drawdown Awards 2023. The winners were announced on June 7, 2023, at an awards ceremony
State Secretary Antony Blinken said in a statement, "We will continue to stand with our Ukrainian partners as they defend themselves from Russia's war of aggression. Pursuant to a delegation of authority from President Biden, I am authorizing our 37th drawdown of US arms and equipment for
"Today, pursuant to a delegation of authority from President Biden, I am authorizing our 34th drawdown of U.S. arms and equipment for Ukraine valued at USD 350 million," said US Secretary of State Antony Blinken in a statement issued by the US State Department on Monday.
The US lawmakers warned of rising tensions in Taiwan which the US fears could be invaded by China and urged the leadership to approve USD 500 million in emergency appropriations and another USD 1 billion in presidential drawdown spending for Taiwan.
Amid the ensuing battle between Russia and Ukraine, the US on Thursday announced $400 million worth of security assistance for Ukraine, a day after Russia ordered withdrawal of its troops from Kherson.