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US ready to forge nuclear R&D alliance with India

Financial Express Chandigarh

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December 24, 2025

SHANTI BILL HAS EASED TERMS FOR OPERATORS

- FE BUREAU

WASHINGTON IS WILLING to participate in India’s nuclear energy sector and partner in joint innovation and research and development (R&D), the US embassy said in a post on X on Monday.

This follows India’s Parliament passing a legislation allowing private players to participate in the nuclear space, and capping the civil nuclear liability.

Parliament last week passed the atomic energy Bill or the Sustainable Harnessing and Advancement of Nuclear Energy for Transforming India (SHANTI) Bill, allowing changes to the country’s liability provisions, which would help India achieve its target of 100 GW of nuclear capacity by 2047.

“We welcome India’s new #SHANTIBill, a step towards a stronger energy security partnership and peaceful civil nuclear cooperation. The United States stands ready to undertake joint innovation and R&D in the energy sector,” the US Embassy India said in its post.

MEER VERHALEN VAN Financial Express Chandigarh

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Yen weakens across board after BOJ delivers rate hike

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While residential markets faced headwinds this year, the office sector recorded 60 million square feet of gross leasing between January and September 2025, the highest for the first nine months of any year.

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Putin: Russia ready to end war, but sans compromise

PRESIDENT VLADIMIR PUTIN said he's willing to discuss bringing Russia's war in Ukraine to an end, even as he ruled out changes sought by Kyiv and Europe to a US peace plan drawn up with Moscow.

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'Capacity limit costs Mumbai the hub race'

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Flipkart buys majority stake in Minivet AI

WALMART-OWNED FLIPKART has struck a deal to acquire a majority stake in Minivet AI, an AI and machine learning solutions provider, as the e-commerce major looks to strengthen its generative AI capabilities for visual and conversational commerce.

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TikTok signs deals with investors to avoid US ban

TIKTOK'S CHINESE OWNER, ByteDance, on Thursday signed binding agreements to hand control of the short video app's US operations to a group of investors, including Oracle, in a big step toward avoiding a US ban and ending years of uncertainty.

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RBI measures push rupee above 90-mark

THE RUPEE POSTED its strongest single-day gain in over three years on Friday, rising above the 90-per-dollar mark late in the session, as the central bank intervened to shore up the currency and curb speculative bets, traders said.

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