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Trump says 'Cuba will be failing pretty soon' after Venezuela stops oil, money support
President Trump stated Cuba is nearing failure, as it's no longer receiving oil and money from Venezuela. This follows the U.S. military's seizure of Venezuelan President Nicolas Maduro, an action Trump ordered. Trump vowed to cut off Venezuelan support to Cuba, aiming to pressure its leadership.
Disruption at Ilhan Omar town hall as protester throws liquid; security tackles heckler
Budget Session 2026-27 to commence today with President Murmu's address
Budget 2026: The Economic Survey of India is scheduled to be presented on January 29th, followed by the Union Budget 2026-27, to be presented on February 1st.
India-EU FTA set to boost leather exports to EU market
Thanks to the FTA, the tariffs on leather goods and footwear will become zero from the current 2.5-17 per cent
Delhi Weather Today: Delhi received moderate rainfall along with thunderstorms and lightning on Tuesday. The weather office IMD has issued a green alert for today, which means no warning for bad weather. The IMD has forecast light rainfall for Delhi and Gurugram on February 1. Noida will witness a generally cloudy sky with light rain on February 2, the IMD said.
US Fed set to pause rate cuts as it defies Trump pressure
Fed meeting outcome: The US central bank lowered rates in each of its last three policy meetings -- bringing them to a range between 3.50 percent and 3.75 percent -- as officials fretted about the cooling jobs market.
Trump says value of the dollar is 'great', currency hits 4-year low
Dollar fall: Amid the backdrop of the dollar hitting a four-year low, President Trump touted the currency's impressive value, even as experts analysed the various elements contributing to the dollar's decline. While a weaker dollar may benefit US exporters by lowering prices overseas, Trump noted his intention for the dollar's value to find its natural balance.
Saint John police are investigating serious allegations at Loch Lomond Villa. At least twelve elderly residents are identified as victims. A suspect has been identified, but no charges are announced. Loch Lomond Villa has increased security and is reviewing its procedures. Families have been notified. Authorities are seeking information from the public.
The Internal Revenue Service officially started accepting 2025 tax returns on 26 January, launching a taxpaying season that the White House projects could deliver an additional $100 billion returns to taxpayers.
Border 2 is a box office hit. The war drama starring Sunny Deol and Varun Dhawan is nearing Rs 200 crore in India. The film saw a huge surge on Republic Day. Worldwide collections have touched Rs 250 crore. A third installment, Border 3, is also in development. Read on!
10 FMs to join India-Arab Foreign Ministers meet
India-Arab FM meet: The focus of the meet will be on the Gaza Peace Board, Palestinian issue, the India-Middle East-Europe Economic Corridor, bilateral trade, investment, energy security and counter-terrorism cooperation, ET has learnt.
HUL emerges as a defensive bet amid broader market correction: Ruchit Jain
Trump visits a restaurant in Iowa, takes questions from reporters on Alex Pretti, Minnesota unrest
Bangladesh: BNP supremo sounds alarm over vote rigging; chaos ahead of February 12 polls
Bangladesh polls: There are apprehensions that radicals will try to disrupt elections and deny the majority to BNP, pushing for a coalition government comprising Jamaat-e-Islami (JeI). The JeI has been emboldened following the outreach by the US and the UK. The US has allegedly tried to guide JeI to navigate the complicated politics of Bangladesh to consolidate its position.
Board of Peace set to hand Trump sweeping powers over Gaza
Trump peace board: Much about the Board of Peace has so far been unclear, but a draft resolution would allow the chair, Trump, to nominate senior officials who will help administer Gaza, and assign responsibilities.
South Africa weighs steep tariffs on vehicles from China, India
India auto exports: In South Africa, the number of vehicles shipped from China has surged 368% over the past four year, and from India 135%. Competition has been fiercest in the entry-level segment of the market, with lower-priced imports compressing margins for domestic producers.
Examine poor airs impact on economy, suggests HC
India and the European Union have finalized a landmark free trade agreement. This pact will slash tariffs on over 99% of Indian exports, including apparel and chemicals. European cars, wines, and consumer goods will become more affordable in India. The deal is expected to double trade between the two entities within six years.
Winter Storm Weather Forecast: Another winter storm is brewing for the East Coast this weekend, January 31 and February 1. Weather models indicate a new system could bring snow, sleet, or rain. This comes after a recent storm dumped over 20 inches of snow and ice, causing widespread power outages. Forecasters warn of uncertainty regarding the storm's track and intensity.
When AI gets it wrong: ChatGPT nearly kills woman by confidently misidentifying a deadly plant
A near-fatal incident has sparked concerns over AI chatbots. YouTuber Kristi shared how her best friend was repeatedly assured that a deadly poison hemlock plant was safe, even after providing multiple images. Kristi wrote, Chat GPT NEARLY k*lled my best friend by telling her that POISON HEMLOCK was CARROT its poison hemlock. Which there is NO antidote for and is EXTREMELY deadly.
Trump vows big investigation into Alex Pretti's case as Minneapolis ICE ops puts him in tough spot
FMCG firms want Goa's deposit refund plan to be deferred
Once the scheme is implemented, consumers will have to pay 2-10 over and above printed maximum retail price (MRP) on packs, bottles, pouches, cans and cartons based on new printed bar codes and, after consuming the products, take the empty packs and bottles to designated collection centres and get a refund of the extra amount they paid.
Is Graham Norton invited to Taylor Swift & Travis Kelce's wedding? Here's what he said
Graham Norton revealed he has signed numerous NDAs regarding Taylor Swift and Travis Kelce's upcoming wedding, stating he can say nothing about the nuptials. Swift had previously hinted at Norton's attendance during an interview on The Graham Norton Show, where she discussed Kelce's elaborate proposal.
Dabur may rope in Hershey's Herjit Bhalla as its India chief
Dabur India is set to appoint Herjit S Bhalla from The Hershey Company as its new India CEO. Bhalla will report to Mohit Malhotra, who is moving to a higher role. This leadership change occurs amid sector-wide transitions and challenging growth. Dabur anticipates favorable growth in upcoming quarters following recent tax reforms.
India's smartphone shipments are projected to decline 4% in 2026 to 145-147 million units, a worsening trend from last year's stagnation. Supply chain issues, higher component costs, and foreign exchange headwinds are driving up handset prices, impacting consumer demand. This situation will particularly challenge smaller brands, while larger manufacturers with greater purchasing power are better positioned to navigate the market.
Soccer-Topeight scramble dominates Champions League group climax
The Champions League group stage reaches its thrilling conclusion. Thirty clubs still have a chance to advance to the knockout rounds. Several teams are fighting for automatic qualification to the last 16. Others are battling to secure playoff spots. Some clubs face elimination if they do not achieve desired results. The final night promises intense competition across Europe.
US health insurance stocks experienced a significant drop Tuesday. This followed a proposal for a minimal 0.09 percent increase in 2027 Medicare Advantage rates. Major companies like UnitedHealth and Humana saw substantial stock declines. The move has raised concerns about potential cost and benefit changes for millions of seniors and people with disabilities.
Elina Svitolina stuns Coco Gauff at Australian Open; Sabalenka advances
Elina Svitolina delivered a stunning performance, defeating Coco Gauff in just 59 minutes to reach the Australian Open semi-finals. Svitolina will now face Aryna Sabalenka, who also advanced with a dominant win. Gauff's tournament ended in disappointment with an error-filled display.
Social security pacts with 13 nations in bloc on fast track
As part of the FTA, announced on Tuesday, India and the EU have agreed on a constructive framework to enable social security agreements in five years with all EU member states.
Hotels up the digital quotient, tap influencers for wider connect
Modern hotels are stepping up their game on social media, tapping into the power of 'Insta Crews' to craft eye-catching content. By collaborating with influencers, theyre not just increasing their visibility but also revolutionizing guest experiences. This trend highlights how vital an engaging online presence has become in the competitive hospitality landscape.
India blocks Chinas WTO request for dispute panel on auto, EV incentive schemes
India has blocked China's request at the World Trade Organization (WTO) for a dispute panel concerning New Delhi's incentive schemes for auto, battery, and electric vehicles. Beijing claims these measures are trade-restrictive and discriminatory, but India maintains there's an inaccurate understanding of the facts. The two nations failed to resolve the dispute through bilateral consultations.
Budget pitch: Pharma Inc seeks tax breaks for research and development
Union Budget 2026: Indian pharmaceutical and healthcare leaders are urging the government to prioritize enhanced R&D incentives, including tax credits and drug discovery support, in the upcoming Union budget. Industry executives believe this will accelerate growth and innovation, positioning India as a global leader in the pharmaceutical sector.
Shapoorji Pallonji Group looks to raise up to $2.5 billion to refinance debt
The proposed fundraise will be used to refinance a dollar bond backed by shares of Tata Sons, held through group entity Goswami Infratech, due to mature in April. The new transaction is expected to mirror the structure of the earlier deal, with Tata Sons shares continuing as collateral.
India-EU trade deal: A tonic for pharma companies
India and the EU are set to eliminate tariffs on pharmaceutical products, a move expected to significantly benefit India's pharma industry by reducing input costs and improving access to advanced medicines. Experts believe this will enhance trade and collaboration, strengthening India's position in the EU market.
ET Graphics: Decoding the 'Mother of all deals'
After 18 years of negotiations, India and the EU have concluded their free trade agreement, marking India's largest FTA to date. This pact offers India preferential access to all 27 EU member states, arriving amidst global trade volatility and efforts to diversify away from China.
India-EU pact set to expand market access, digital trade and worker mobility
India's free trade agreement with the EU is poised to boost market access for services and digital trade, enhancing skilled worker mobility. Experts anticipate increased European investment in India's IT sector, fostering joint ventures and R&D in emerging technologies. The pact aims to facilitate seamless cross-border data flows, reducing regulatory friction for businesses.
RBI's 'core company' tag puts many promoter entities in a quandary
Corporate entities are navigating a fresh mandate from the Reserve Bank of India, which has reclassified holding and strategic investment firms as Core Investment Companies. This new label comes with a wave of rigorous regulations that many corporations are eager to sidestep, arguing that their revenue streams stem from non-financial sectors rather than financial endeavors.
India-EU FTA a new blueprint for shared prosperity: PM Modi
In a monumental development, India and the European Union have come to terms on a landmark Free Trade Agreement that promises to unlock a wealth of investment and foster innovation for businesses and entrepreneurs across both regions.
PSBs shun low yields, high costs to protect margins
Seven out of eight public sector banks that released quarterly results so far held on to or improved margins from the previous three months, helping them maintain profitability despite a challenging macro environment.
RBI dividend may rise to Rs 3L-cr in FY27
Estimates broadly peg the dividend to be around 3 lakh crore, compared with 2.7 lakh crore last year. RBI dividends have provided a significant boost to the government's non-tax revenues in recent years.
Xi Jinping seeks 'total control' of military with purges, says US envoy David Perdue
Ambassador David Perdue said the probe into Zhang Youxia, announced over the weekend, is a major development, citing the family connections the vice chair of China's apex military commission has with Xi. Chinese authorities said Zhang is being investigated for suspected serious discipline and law violations, without providing further details.
High spirits, higher hopes: European wines and whiskies set to get cheaper in India
European wines and whiskies are set to become more affordable for Indian consumers. An India-European Union free trade agreement will reduce import tariffs significantly. This change is expected to bring an initial price drop of 7-10%. Consumers will gain access to premium international brands at better prices. This development will boost the premium alcohol sector and related industries.
GIP shortlists 4 companies for Vena Energy India sale
Global Infrastructure Partners is selling its Indian renewable energy platform, Vena Energy India. Four companies are conducting due diligence for the 1.1 GW renewable energy platform. The platform is expected to be valued between 4,500-5,000 crore. Vena Energy India has operational renewable assets and more under construction. This sale is part of GIP's portfolio reshaping in India.
Rajnath Singh urges faster deployment of indigenous weapons
Defence Minister Rajnath Singh lauded the innovative contributions of DRDO in developing homegrown technologies. He noted the urgency for expediting the rollout of new weapon systems, as the pace of technological evolution necessitates swift governmental action.
Russian strikes kill 2 in Odesa, knock out power in Kharkiv
Russia launched more than 50 drones at the Ukrainian city of Odesa, President Volodymyr Zelenskiy stated. He characterized the action as a rutal attack. The reported drone strikes come as Ukrainian and Russian negotiators are preparing for new talks scheduled for Sunday.
Budget session: Centre shuts down Opposition push for debates on MGNREGA, SIR
Parliament's budget session begins Wednesday. Opposition parties want debates on MGNREGA, electoral roll revisions, foreign policy, and the economy. The government rejects discussing MGNREGA's replacement. The focus will be on the President's address and the general budget. All-party meetings aim for smooth proceedings. A TDP ally seeks tax relief on unmanufactured tobacco.
Vodafone Idea losses decline in Q3 as revenues inch up
Vodafone Idea has shared promising news by reporting a narrowed net loss for its fiscal third quarter. Enhanced subscriber diversity and increased revenue signal a pivotal moment for the company, aided by a reprieve on regulatory payments and effective fundraising efforts. The telco expresses optimism in fulfilling its commitments while simultaneously fortifying its network and elevating customer satisfaction.
Karoline Leavitt vs Maura Healey: ICE Shooting ignites explosive clash over rights and federal power
Credit card spends bounce back in Dec, numbers also rise
Credit card usage in Mumbai saw an 8% rebound last month, reaching 2.05 lakh crore due to seasonal demand and year-end spending. Net new card additions hit a three-month high of over 900,000, boosting the total active cards to 115.7 million. Analysts anticipate steady spending momentum, supported by ongoing consumption trends and festive demand.
North Korea fires ballistic missiles towards Sea of Japan
Pyongyang has substantially increased its missile testing in recent years, according to analysts. These tests are reportedly aimed at improving precision strike capabilities. They also serve to challenge Washington and Seoul. Furthermore, analysts suggest North Korea is testing weapons before exporting them to Russia, a key ally.
UP Assembly polls 2027: BJP, Samajwadi Party make early moves as political battle heats up
With the 2027 Assembly elections on the horizon, Uttar Pradesh politics is heating up like never before. The BJP is rolling out its playbook early, with Union Home Minister Amit Shah and National President Nitin Nabin making key visits to stir the pot. Meanwhile, Akhilesh Yadav of the Samajwadi Party is galvanizing support through strategic meetings.
India, EU sign new security and defence partnership
In a significant development, India and the European Union have forged a strategic security and defense alliance. This agreement is set to enhance collaboration in maritime operations and the dynamic Indo-Pacific region. Notably, it paves the way for Indian defense manufacturers to tap into the European market.
India-EU joint statement stresses sustainability and clean energy
In a groundbreaking collaboration, India and the European Union have unveiled a joint commitment to sustainability and eco-responsibility. This landmark agreement aims to catalyze economic growth through green innovation, focusing efforts on clean energy, decarbonization strategies, and the enhancement of supply chains. The partnership signifies a united pledge towards a greener future and fosters economic synergy.
Punishment must hurt, no reform: Supreme Court on acid attacks
Calling for stricter punishment and measures against acid attackers, the CJI verbally observed that unless the action is so painful for the accused, it will not work. The bench suggested that immovable assets of such offenders can be attached and auctioned by the prosecuting agencies to compensate victims of acid attacks.
Indo-EU strategic focus: Security, innovation, tech, defence & mobility
India and the European Union have taken significant strides to enhance their strategic alliance. The new agreements will facilitate greater collaboration in technology, innovation, security, and defense sectors. A pivotal arrangement focuses on improving mobility for Indian citizens, while both parties aim to strengthen their trade and investment connections.
Bombay HC rejects Rashmi Saluja's pleas against FIR, ECIR
The Bombay High Court has thrown out petitions filed by ex-Religare leader Rashmi Saluja that contested the FIRs brought by the Mumbai Police and the ED. The court discovered substantial evidence implicating Saluja in financial misdeeds, including purported unlawful profits of 179.54 crore from Esop distributions and a staggering 192 crore diversion.
Gold at 1.59 lakh per 10 gm: Jewellers halt purchases as sales fall 70%
Gold and silver prices have reached unprecedented levels. This surge is driven by global geopolitical unrest, a weaker US dollar, and anticipation of interest rate reductions by the US Federal Reserve. Investors are increasingly turning to these precious metals as safe havens. Consequently, demand for physical gold jewelry has seen a significant drop, with consumers opting for investment-based gold purchases.
A year on, 1 lakh-cr Urban Challenge Fund a nonstarter
Despite the promise of a transformative 1 lakh crore Urban Challenge Fund to accelerate urban development, progress remains stagnant a year post-announcement. Initially earmarked with 10,000 crore for the fiscal year 2025-26, the fund now sits in limbo awaiting crucial Cabinet approval for its operational framework.
Will respond to decisively:Irans last warning to US as Trumps ARMADA enters Middle East waters
India targets $100 billion oil & gas investments by 2030: PM Modi
India aims to attract $100 billion in oil and gas investments by 2030, pursuing energy independence. Prime Minister Modi highlighted reforms in exploration, a target to expand exploration to 1 million sq km, and efforts to boost refining capacity to over 300 MMTPA, presenting significant opportunities for global investors.
In Kurukshetra, sensei Rahul shows Jiu-Jitsu techniques to Congressmen to combat BJP
In a captivating demonstration in Kurukshetra, Rahul Gandhi displayed his martial arts prowess before the Congress district presidents. He articulated how maneuvers such as dodging and rolling can be strategically employed to counter political adversaries. Drawing an inspiring connection to Lord Shiva, he underscored the importance of concentration and bravery.
Trump's Chagos remark can be fresh flashpoint in Indo-US ties
In a recent statement, US President Donald Trump expressed his disapproval of the UK's choice to transfer the Chagos Islands back to Mauritius, a move that could potentially strain relations with India, which staunchly endorses Mauritius' claim.
Amazon Fresh closing: Amazon closes Go & Fresh stores-here's what happened
Amazon is shutting down its Amazon Go and Amazon Fresh grocery stores, shifting focus to same-day grocery delivery and expanding its Whole Foods Market presence. The company will offer its cashierless technology to third parties. This move aims to refine its physical retail strategy, leveraging stronger brand affinity with Whole Foods for future growth.
India-EU free trade agreement boosts seafood exports: Duties to drop to zero
Indian seafood exporters anticipate a significant boost in trade with the European Union once the free trade agreement becomes operational. The elimination of duties, ranging from 4.7% to 7.5%, is expected to create a level playing field with competitors. Addressing non-trade barriers, such as extensive product sampling, is crucial for India to achieve market leadership in the EU seafood sector.
Word of the Day - Disinflation: meaning, usage, and why it matters in todays AI-driven economy
Word of the Day: Disinflation means inflation is slowing, not stopping. Prices still rise, but at a weaker pace. It signals easing pressure on households and businesses. Today, disinflation reflects tighter monetary policy, improved supply chains, and softer demand. Central banks closely track it to judge rate cuts.
I'm also an overseas Indian citizen; proud of my roots in Goa: European Council president
In his remarks at a press statement delivered at the Hyderabad House here in the presence of Prime Minister Narendra Modi and European Commission President Ursula von der Leyen, the EU leader said he was also an overseas Indian citizen, as he pulled out his Overseas Citizen of India (OCI) card from his suit's pocket and showed it to the gathering.
UPS plans to cut thousands of jobs as it reduces Amazon deliveries and reshapes its business. The company is closing buildings, using more machines, and offering voluntary exits to some workers. Leaders say these steps will save money and improve long-term growth. Job changes will happen slowly through 2026.
India's over-the-counter drugs market to hit Rs 98,000 crore by 2030: Report
An EY report estimated that India's OTC market, valued around Rs 47,000 crore in 2024, is projected to grow to Rs 98,000 crore around 13 per cent CAGR through 2030.
India secures duty concessions for various agri products under FTA with EU
India has secured duty concessions for agricultural exports like processed foods, tea, coffee, and spices under a new EU free trade agreement. This move aims to boost competitiveness and capture higher value in European markets. Strategic safeguards are in place for sensitive domestic sectors, while the pact also benefits marine products and traditional medicine services.
Xis biggest crackdown yet: Top PLA General purged in nuke leak scandal; a COUP like never before?
Arijit Singh's retirement from playback singing has stunned the music industry and fans. He was named India's Top Artist for seven consecutive years by Spotify, with listeners streaming his songs over 7.1 billion times. His top five most streamed songs, including 'Kesariya' and 'Agar Tum Saath Ho,' highlight his emotional depth and popularity.
Good luck without USA, you can't defend: NATO chief gives Europe a brutal reality check
Who gave the order?: Correa clashes with CBP official over Renee Good ICE shooting in Minneapolis
Arijit Singh: Wife, family, early life and journey of the Padma Shri & National Award-winning singer
Arijit Singh 1st Wife: National Award and Padma Shri winner Arijit Singh announced his retirement from Bollywood playback singing on January 27, 2026. While stepping away from film songs, he will continue with live shows, concerts, tours, and independent music releases, ensuring his musical journey continues beyond the silver screen.
India-EU FTA to boost steel trade, low-carbon cooperation: Indian Steel Association
The India-EU Free Trade Agreement is hailed as a significant boost for bilateral trade, especially in steel, with India anticipating increased export quotas. The pact is expected to enhance overall economic ties, driving India's growth and domestic steel demand, while also fostering cooperation in low-carbon steel production.
If European industry cannot deliver, we can buy outside: Kaja Kallas
IndiaEU FTA unlikely to cut luxury car prices, auto parts emerge big winners
Luxury car price drops in India are unlikely post-EU FTA, despite halved import duties, due to a weakening rupee and planned price hikes by manufacturers. While import duties on CKD cars will also be reduced, currency fluctuations are expected to offset these gains. The pact excludes EVs initially and mass-market cars below 25 lakh.
India, EU sending strong signal to world: Ursula von der Leyen
India and the EU have finalized a landmark Free Trade Agreement, poised to boost economic ties significantly. This pact will grant over 90% of Indian goods duty-free access to the EU, while the bloc gains concessions on 93% of its goods in India.
A statewide Odisha bandh has been called for Wednesday, January 28, 2026, by the Navnirman Krushak Sangathan to protest alleged paddy procurement mismanagement. The Odisha Pradesh Congress Committee has lent its political support to the protest. While essential services are expected to remain operational, public transport and daily life are likely to be disrupted.
With US tariffs posing a stiff challenge, exporters hope the EU pact will help salvage lost ground
'No more ICE money!': Another US shutdown looms as Dems oppose DHS funding over Minneapolis shooting
Arijit Singh, the voice of a generation, has announced his retirement from playback singing, stunning fans nationwide. His career, marked by soul-stirring ballads and chart-toppers, has left an indelible mark on Bollywood music. Singh's immense talent is reflected in his estimated net worth of Rs. 414 crore, solidifying his superstar status.
India-EU FTA unlocks next phase of growth, clear path towards China+1: Allcargo Group founder
The India-EU Free Trade Agreement aims to liberalize tariffs on over 90-95% of traded goods, fostering growth and positioning India for a true China+1 strategy. This landmark pact, described as the mother of all deals, deepens cooperation across various sectors and reshapes global supply chains, offering significant upsides for trade, business, and economic resilience between the two allies.
India-EU mother of all trade deal signals era of shared prosperity
Labour-intensive Indian goods to get duty-free access; EU auto, wines, drugs, chocolates to get cheaper; greater mobility for students, with easier post-study visas; no relief on Carbon Border Adjustment Mechanism
Hema Malini reveals one Dharmendra movie she turns to when she feels low
Hema Malini finds solace in Dharmendra's film 'Chupke Chupke' during low moments, a testament to their enduring bond. The veteran actress shared this personal detail, highlighting how revisiting their light-hearted collaborations helps her feel close to the legendary actor. Dharmendra's impactful career, marked by diverse roles, continues to resonate deeply.
RBI to slash rates by 0.25 pc next week in this cycle's last cut: Report
A foreign brokerage anticipates the Reserve Bank of India will cut the repo rate by 0.25% on February 6, marking the final reduction in the current easing cycle. This move is expected to be accompanied by substantial liquidity injections to support rate cut transmission amidst growth uncertainties and benign inflation.
India, EU ink mega defence and security pact; to focus on boosting cooperation in Indo-Pacific
The agreement was concluded at the India-EU summit talks between Prime Minister Narendra Modi and EU leaders -- European Commission President Ursula von der Leyen and European Council President Antonio Costa.
'Zelenskyy should pay for Nord Stream': Germany's Alice Weidel explodes over Russian pipeline blast
How India unlocked 99% duty-free access to the EU: Piyush Goyal explains
EU deal to open $750 bn electronics market for Indian manufacturers
India's electronics sector is set for significant growth. A new trade deal grants Indian manufacturers easier access to the European Union's large electronics market. This agreement is expected to boost India's electronics exports to $50 billion by 2031. Indian companies will also benefit from cheaper access to advanced European machinery for producing complex electronics and semiconductors.
