A scaled-down rocket engine smaller than a ₹1 coin
The 3D-printed model is on display at the stall of Shree Rapid Technologies (SRT), Mumbai. The model has been created using a 3D printer of the U.S.-based Boston Micro Fabrication (BMF), of which SRT is the general partner in India. BMF printers can print feature sizes as small two microns, an SRT official said.
While the rocket engine model simply illustrates the capability of such 3D printers, small 3D printed parts actually find application in microelectromechanical and microfluidic systems. The two-day national conference, which is on at hotel Hyatt Regency, is being organised by the Indian Institute of Chemical Engineers (IIChE), Thiruvananthapuram chapter, and will conclude on Saturday.
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Time of India
4 hours ago
- Time of India
Trump's tariffs will crush India's exporters, threatening livelihoods
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In recent years nearly 60% of that stock has gone to buyers in the United States. For U.S. importers, that $500 rug now comes with a $125 tariff and possibly a $250 one. Bhadohi is at the heart of north India's carpet belt, home to hundreds or thousands of manufacturers like Ishtiaq's company, Ajaz Carpets. They eke out their profits, so they don't have the means to absorb the giant price increases their U.S. customers now face. Ishtiaq, who led the industry's trade promotion council, estimates that 2.5 million people who live in the region could be plunged into subsistence-level poverty. Other industries in line to face unbearable wipeouts include textiles and garments, aquaculture -- mainly farmed shrimp -- and furniture. They are not India's flashiest businesses, but together they employ many millions of workers, and the billions they earn have helped keep India financially strong during periods of crisis. Live Events Carpets are nowhere near the highest-value component of the India-U.S. trade in goods, which was worth $129 billion last year. But for now, questions about the even bigger, more strategic parts of the two countries' trading relationship have been postponed. India is the primary producer of generic pharmaceuticals used in the United States, for instance, and the United States is that industry's biggest consumer market . But a carve-out in the Trump administration 's tariffs has left it in limbo. It costs nothing to import Indian drugs at the moment. But Trump has promised that there will soon be a 150% tariff, and eventually perhaps 250%, which Trump believes will kick-start production in the United States. Similar exemptions for semiconductors make it impossible to predict whether India's thriving electronics manufacturing -- exemplified by Apple's shift in iPhone production from China to India -- can survive. For the moment, they're off the hook. Oil and gas are complicated, too, as energy products are still exempted from tariffs. India's purchase of Russian oil, as it happens, is Trump's justification for the additional, punitive tariff on its goods. Until that threat was made, the door was open to increasing India's purchase of American products. The potential damage the tariffs could inflict on India's gems and jewelry industry, another big-ticket part of the trading relationship, is not yet fully clear. But insiders are raising alarms, in part because the United States is India's biggest buyer of gems. On Aug. 7, when Trump announced the 50% rate, Kirit Bhansali, chair of the industry's main association, wrote that 30% of the global trade in Indian gems was at risk. "A blanket tariff of this magnitude is severely devastating for the sector," he wrote. Rival sectors in Turkey and Thailand are much smaller, but they will gain an unbeatable advantage over India thanks to lower national tariffs by Trump. Bhansali said India's gem dealers will need help in paying back loans and argued that India's banks should help. If there is any government plan to save the affected businesses, it's in hiding. Federal officials have asked the states to look after their own companies. Ajay Srivastava of the Global Trade Research Initiative, a think tank in New Delhi, said state governments have always depended on the national government to lead the way on foreign trade. Likewise, he said, India's banks will not be ready to forgive loans. Early Friday morning, India's Independence Day, Prime Minister Narendra Modi took to the ramparts of the 16th-century Red Fort to deliver a traditional address to the nation. He went long, at 103 minutes, and touched on topics from Pakistan and its perfidy, to triumphs of India's space program, to sports and reducing obesity. Without naming Trump, who until recently he considered a political friend, or his tariffs, Modi nonetheless delivered a message on the subject. He made reference to tough times ahead -- and the need for India to go it alone. That way, he said, "no selfish interest will ever be able to entrap us." He extolled the virtues of self-reliance. "The greater a nation's reliance on others, the more its freedom comes into question," Modi said, in an echo of Mahatma Gandhi and the leaders who fought for independence from the British Empire and its mercantile domination of India. The idea seemed relevant again in 2025. Modi's attempt to buck up India's 1.4 billion citizens spoke to the domestic political challenges Trump's attacks have dropped in his lap. One of the few new programs he named will be aimed at creating more jobs for young people. But for the Indian technocrats and economists who for generations have pushed India toward free trade as the best way up the ladder of prosperity, Modi's rally cry sounded like a step backward. 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Mint
7 hours ago
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 18 August 2025
Breakout stocks buy or sell: Indian benchmark indices, Sensex and Nifty 50, edged higher on Thursday, tracking strength in global markets. The upside, however, remained capped as investors stayed cautious ahead of the upcoming Russia-U.S. talks on the Ukraine crisis, which kept overall sentiment muted in the holiday-shortened week. By the close of trade on August 14, the Sensex gained 57.75 points, or 0.07 per cent, to settle at 80,597.66, while the Nifty inched up 11.95 points, or 0.05 per cent, to finish at 24,631.30, holding above the 24,600 mark. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has improved after the relief rallies in two successive sessions on Thursday and Friday last week. Speaking on the outlook of Indian stock market, Bagadia said, ' The Nifty 50 index is facing resistance at 24,650. On breaking above this level on a closing basis, we can another 100 points rally in the 50-stock index. The key benchmark index is in a tight range of 24,300 to 24,650, while the broader range is 24,000 to 24,800. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Le Travenues Technology, Sterlite Technologies, Tourism Finance Corporation of India, Aptus Value Housing Finance India, and Commercial Syn Bags. 1] Le Travenues Technology: Buy at ₹ 268.6, target ₹ 288, stop loss ₹ 259; 2] Sterlite Technologies: Buy at ₹ 134.79, target ₹ 144, stop loss ₹ 130; 3] Tourism Finance Corporation of India: Buy at ₹ 309.1, target ₹ 331, stop loss ₹ 298; 4] Aptus Value Housing Finance India: Buy at ₹ 356, target ₹ 381, stop loss ₹ 343; 5] Commercial Syn Bags: Buy at ₹ 141.52, target ₹ 152, stop loss ₹ 136. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
3 days ago
- Time of India
Applied Materials' shares sink on weak China demand, tariff uncertainty
By Kanchana Chakravarty Applied Materials shares slid about 15% in premarket trading on Friday after the company issued disappointing sales and profit forecast, stoking investor concerns that the U.S.-China trade dispute was eroding demand. The chip-equipment maker joined Dutch rival ASML Holding in flagging continued uncertainty over the impact of U.S. tariffs, as two of the industry's biggest players grapple with weakening demand. Applied Materials CEO Gary Dickerson flagged lower visibility and increased uncertainty in the near-term during a post-earnings call, citing "wide-ranging implications for the semiconductor industry " from the dynamic policy environment. China, Applied Materials' top revenue source in the July quarter accounting for 35% of sales, has emerged as a growing risk for chipmaking tool suppliers as U.S. export restrictions weigh on new orders. Smaller rival KLA Corp, which also has a significant presence in China, said last month it expects softer demand as Sino-U.S. trade tensions weigh on spending by Chinese chipmakers. "China volatility is significantly clouding visibility into core earnings potential both geopolitically and cyclically," Deutsche Bank strategists said in a note. Applied Materials expects revenue of $6.70 billion, plus or minus $500 million, for the fourth quarter, compared with analysts' average estimate of $7.33 billion, according to data compiled by LSEG. Its projected profit also came in below estimates. If current losses hold, the company is set to lose more than $22 billion of its $151.06 billion market value as of Thursday's close. analyst Harlan Sur, however, noted the slowdown in China demand and erratic orders from major foundry customers are "more a reflection of timing of spending rather than structural issues." The stock has risen 15.7% so far this year, compared with a 12.5% increase in the Nasdaq index and a nearly 10% gain in the S&P 500 index. Shares of chip-equipment makers KLA Corp and Lam Research fell more than 5% each after Applied's results. The company's third-quarter revenue rose 8% to $7.30 billion from a year ago, beating estimates of $7.22 billion. Applied's stock trades at 19 times its estimate for earnings per share over the next 12 months, according to data compiled by LSEG. This trails ASML's ratio of 26.04 times similar earnings estimate, Lam's 23.56 and KLA's 26.82.
