India has become the latest addition to the list of countries subjected to higher tariffs under Trump’s “Liberation Day” trade strategy. (AI image) US President Donald Trump has hit India with a 25% tariff rate ahead of his August 1 reciprocal tariff deadline. India and the US are working on a trade deal but no…
Trump also announced an ‘additional penalty’ on India for its oil and arms purchases from Russia. (AI image) ‘Trump frustrated with India trade talks…’: US President feels 25% tariff will ‘remedy’ the situation, says adviser; additional penalty for Russia trade ‘shortly’US President Donald Trump is ‘frustrated’ with progress of trade deal talks and is of…
Indian electronic contract manufacturers are expanding globally through acquisitions and strategic partnerships to gain access to clients in the US, Europe, and other international markets. They are capitalising on supply chain disruptions triggered by tariff-related shifts, particularly those involving China. These companies are leveraging the current trade environment to acquire technologies and capabilities that would…
T N Manoharan, renowned chartered accountant, former chairman of IDBI Bank and one of India’s most respected financial minds, passed away on Wednesday. He was widely acknowledged for his leadership in major institutional recoveries, including the turnaround of Satyam Computers following one of India’s biggest corporate frauds.A former president of the Institute of Chartered Accountants…
File photo: US President Donald Trump (Picture credit: PTI) US President Donald Trump’s recent tariff warnings to India have drawn sharp criticism from Indian trade experts, with Professor Rakesh Mohan Joshi, vice chancellor of the Indian Institute of Foreign Trade (IIFT), likening them to “arm-twisting” tactics. In a strong statement as quoted by ANI, Professor…
NEW DELHI: IndiGo saw its Q1 FY 2026 drop 20 per cent to Rs 2,176.3 crore from Rs 2,728.8 crore in same period last year due to the serious hit that travel took due to the India-Pakistan war and closure of 32 airports in north, west and central India witnessed in those three months; airspace…
The Indian Banks’ Association’s proposal for a five-day work week in banks, declaring all Saturdays as holidays, is under government consideration. While the finance ministry acknowledges the proposal, it clarifies that implementation is pending, denying staff shortages as a hindrance. The decision, driven by calls for improved work-life balance, awaits further consultations and final approval….
The Initial Public Offering (IPO) of National Securities Depository Ltd (NSDL), India’s pioneering and largest depository, opened for subscription on Wednesday, marking a significant event in the Indian financial market. The IPO, which is entirely an offer for sale (OFS) by existing shareholders, aims to raise Rs 4,012 crore, with no fresh capital being raised….
The last significant acquisition by Tata Motors was Jaguar Land Rover (JLR), purchased for $2.3 billion in 2008. In its biggest acquisition ever, Tata Motors is preparing to acquire Italian truck manufacturer Iveco from the Agnelli family, its main shareholder, for $4.5 billion (3.9 billion). The last significant acquisition by Tata Motors was Jaguar Land…
Nayara Energy, operates India’s third-largest refinery and supplies petroleum products both domestically and internationally. (AI image) EU sanctions on Russia oil have started causing troubles for Russia-backed Indian refinery Nayara Energy. After news of shipping operators showing reluctance to work with Nayara and Microsoft’s abrupt suspension of IT services for the company, it has come…
