WASHINGTON: President Donald Trump announced a trade deal with Vietnam Wednesday that would allow US goods to enter the country duty-free. Vietnamese exports to the United States, by contrast, would face a 20% levy. On his Truth Social platform, Trump declared the pact “a Great Deal of Cooperation between our two Countries”.In a govt statement,…
A turf war is breaking out in the vast world of digital payments – and the incumbents are suddenly on defense. Tech firms and crypto startups are moving in on territory long dominated by Visa and Mastercard, powered by a new type of currency – the stablecoin – and a pitch merchants can’t ignore: lower…
NEW DELHI: PM Modi arrived in Accra for a state visit to Ghana and, in a special gesture, he was received at the airport by Ghana President John Dramani Mahama. The govt said in a statement that the first such visit in the past three decades to Ghana would further deepen the partnership between India…
Sean “Diddy” Combs was denied bail on Wednesday after a jury convicted him of federal prostitution charges, though he was acquitted of more serious allegations involving sex trafficking and racketeering.Judge Arun Subramanian ruled that Combs would remain in custody while awaiting sentencing on two counts of transportation to engage in prostitution. Each count carries a…
BENGALURU: Midcap IT firms are poised to outperform large caps in the June quarter, analysts said. Deal signings continued steadily, with minimal large client cutbacks despite ongoing macroeconomic uncertainty, geopolitical tensions, and tariff concerns. However, clients remain cautious with discretionary spending amid these challenges.Brokerage firm Nomura expects large caps to report a subdued quarter, with…
NEW DELHI: As foreign minister S Jaishankar held a bilateral meeting with US defence secretary Pete Hegseth, the latter expressed hope that the US can complete several major pending defence sales to India and expand shared defence industrial cooperation. Noting mutual concern about the danger of aggression in the Asia-Pacific region, according to a US…
MUMBAI: Shares of HDB Financial Services rose nearly 14% on the day of listing in the stock exchanges closing at Rs 841 against the issue price of Rs 740. At the closing price the company was valued at Rs 69,758 crore.The Rs 12,500-crore initial share sale of HDB Financial Services got subscribed 16.69 times on…
Inflammation is the body’s natural response to infection and usually subsides on its own, when the infection is healed. However, chronic infections in the root canal area cause ongoing inflammation in the body, which is extremely dangerous. This, in turn, can damage blood vessels, leading to the buildup of plaques in arteries—a process called atherosclerosis….
NEW DELHI: Supreme Court on Wednesday said insurance companies are not bound to pay compensation to the kin of drivers who die due to their own mistake during daredevil stunts or on account of rash and negligent driving, in an extreme message to speed addicts and those who seek to hog eyeballs by performing stunts,…
MUMBAI: Indian entrepreneur and founder of Hong Kong-based The Caravel Group, Harindarpal Singh Banga, and his family are selling around a 2.1% stake in Nykaa worth about $140.3 million (Rs 1,200 crore) through a block deal on Thursday, the term sheet of the share sale showed. The Banga family was one of the early investors…
