Business
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UK cuts import tariffs on ‘everyday essentials’ in effort to boost growth
London: The UK on Sunday announced a cut in import tariffs to slash prices on several foreign products, including everyday essentials ranging from pasta, fruit juices and spices, in an effort to…
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Market Outlook: Q4 results, inflation and global economic data key triggers for next week
Mumbai: The market outlook for next week will be guided by several global and domestic factors such as q4 results, inflation data and updates on tariffs. Next week, companies like IRDAI, HDFC…
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India needs ‘nuclear energy renaissance’, US ready to help: Holtec CEO
New York: India needs a “nuclear energy renaissance” and the US is interested in helping the country develop a nuclear infrastructure as both nations have a vital shared interest in this area,…
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Rupee jumps 58 paise at settle at 86.10 against US dollar
Mumbai: The rupee surged 58 paise against the greenback to settle at 86.10 on Friday due to a sharp correction in the US dollar and a strong rebound in the domestic equity…
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US, India to finalize trade poact in 90 days, target $500B trade
New Delhi: An interim trade agreement between India and the US could be finalised in the 90-day tariff pause announced by the Trump administration if it is a “win-win” for both sides,…
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India’s natural gas consumption likely to record 60 pc jump by 2030: Study
New Delhi: India’s natural gas consumption is likely to rise by close to 60 per cent by 2030 as the country seeks to reduce dependence on oil imports and switch to cleaner…
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Sensex, Nifty open higher after Trump pauses tariffs till July 9
Mumbai: Indian equity market opened in the green on Friday after US President Donald Trump announced to pause reciprocal tariffs till July 9. At around 9:22 am, Sensex was up 1,170 points…
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Indian national, companies face US sanctions for Iranian oil shipping
New York: The US has sanctioned a United Arab Emirates-based Indian national and two India-based entities operating as part of Iran’s “shadow fleet” and involved in shipping Iranian oil. Jugwinder Singh Brar…
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Moody’s Analytics cuts India’s 2025 GDP growth forecast to 6.1 pc
New Delhi: Moody’s Analytics on Thursday cut India’s GDP growth forecast to 6.1 per cent for 2025 on looming higher US reciprocal tariff threats. It said the US is one of India’s…
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FIIs, DIIs turn net buyers in March, pump over USD 5 bn into Indian equity market
Mumbai: Foreign and domestic investors showed strong confidence in the Indian equity market in March 2025, with both foreign institutional investors (FIIs) and domestic institutional investors (DIIs) emerging as net buyers, a…
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10% tariff on global imports remains, Trump shifts focus to China
Washington: US Treasury Secretary Scott Bessent told reporters that US President Trump is pausing his so-called “reciprocal” tariffs on most of the country’s biggest trading partners but maintaining his 10 per cent…
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India terminates transshipment facility for Bangladesh cargo
New Delhi: India has withdrawn the transshipment facility extended to Bangladesh for sending its export cargoes to other countries through Indian territory. A circular issued by the Central Board of Indirect Taxes…