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Home  Business

Business

Twelve nations to get US tariff letters on Monday, says Trump

Twelve nations to get US tariff letters on Monday, says Trump

  • India set to clock record 1.15 billion tonnes coal production in FY26

    India is likely to reach a record 1.15 billion tonnes coal production in FY26, backed by policy reforms and strong demand from the power sector. Domestic output rose sharply in FY25, with Coal India and private miners contributing significantly
  • India proposes WTO-sanctioned tariffs on US over auto duties

    On March 26, the US adopted a safeguard measure in the form of a tariff increase of 25 per cent ad valorem on imports of passenger vehicles and light trucks, and on certain automobile parts from India
  • India-US interim trade talks in final phase, deal likely before July 9

    India has hardened its position on giving duty concessions to American farm and dairy products as these are politically sensitive sectors
  • MakeMyTrip completes share repurchase to cut China-based Trip.com’s stake

    With the repurchase, Trip.com’s voting power in the travel booking platform has come down to 16.90 per cent from 45.34 per cent
  • Govt extends NPS-like tax relief to Unified Pension Scheme subscribers

    UPS is applicable to the central government employees who are covered under the NPS and who choose this option under the NPS, which came into effect on January 1, 2004
  • China imposes anti-dumping duties of up to 34.9 per cent on European brandy as trade tensions rise

    China has imposed anti-dumping tariffs of up to 34.9 per cent on European brandy, mainly targeting French cognac, amid escalating trade tensions. The move follows EU's probe into Chinese EVs and adds strain ahead of the upcoming China-EU summit
  • EaseMyTrip co-founder pledges share worth Rs 93.6 crore for ‘personal use’

    Prashant Pitti pledges 9 crore shares in the company to Motilal Oswal Financial Services. Move comes at a time when the company is already under scrutiny for alleged links with Mahadev Betting App
  • Pakistan, Russia plan road and rail links to boost trade routes

    Pakistan and Russia have agreed to expand regional rail and road networks to improve trade links and offer landlocked Central Asian countries access to warm waters. The collaboration aims to position Pakistan as a strategic transit hub connecting Asia and Russia
  • Massive stock market scam: How US firm Jane Street rigged Indian indices for Rs 43,000 crore profit

    Sebi bans Jane Street and three of its related entities — JSI2 Investments Private Ltd, Jane Street Singapore Pte Ltd, and Jane Street Asia Trading Ltd — from accessing the Indian securities market until further notice
  • Realme releases new teaser for launch of 15 Series with cryptic ‘Live for Real’ poster

    Realme teases its upcoming 15 Series with a mysterious campaign and tagline "Live for Real." Featuring AI camera upgrades and flagship features in the Pro model, the phone is expected to launch in India soon, sparking celebrity collaboration rumours
  • India launches anti-dumping probe on polyethylene imports from six nations

    India’s Directorate General of Trade Remedies has initiated an anti-dumping probe into polyethylene imports from six countries after a domestic industry complaint. The investigation could lead to duties if material injury from cheap imports is established, per WTO rules
  • Sensex, Nifty open higher but turn flat as investors await US-India trade deal

    Sensex and Nifty opened higher on Friday driven by gains in bank stocks and a strong US market rally but turned flat amid investor caution over the anticipated India-US trade deal. Asian markets showed mixed trends, while crude oil prices fell.
  • Rupee gains 21 paise against dollar as trade deal hopes boost Asian currencies

    The rupee appreciated 21 paise to 85.34 against the US dollar on Friday, supported by gains in Asian currencies amid optimism over trade deals. US-Vietnam agreement, falling dollar index, and strong domestic PMI data boosted investor confidence.
  • US Senator proposes 500 per cent tariff on nations buying oil from Russia

    External Affairs Minister S Jaishankar said that any development happening in the US Congress is of interest to India “if it impacts our interest or could impact our interest”
  • Garuda Aerospace wins multi-State contracts for AI-powered drone services

    Garuda Aerospace has secured contracts from Gujarat, Tamil Nadu, and Jharkhand governments to provide AI-powered drone services, including mining surveys, database creation, and monitoring
  • Biocon Biologics gets EU approval for Denosumab biosimilars

    Denosumab biosimilars Vevzuo and Evfraxy are used for treating various bone diseases. The approvals mark a key step in the company’s European expansion and reinforce its commitment to affordable biologic therapies
  • IndiGrid to build India’s largest battery storage system with IFC

    The Rs 460-crore project will come up in Gujarat and support India meet clean energy targets by 2030
  • India launches anti-dumping probe into Indonesian multi-layer paperboard

    India’s DGTR has initiated an anti-dumping investigation into imports of multi-layer paperboard from Indonesia. The probe follows a complaint by Indian manufacturers who allege injury from cheap imports. The outcome may lead to duties, pending finance ministry approval
  • Siddaramaiah’s remarks on Covid vaccines factually incorrect, misleading: Biocon chief Kiran Mazumdar-Shaw

    Karnataka Chief Minister has said the recent heart attack deaths in Hassan district may be linked to the vaccination drive. He also claimed the vaccines were 'hastily' approved
  • LIC stock jumps 34pc from 52-week low on strong Q4 results and brand growth

    LIC shares have surged 34% from their 52-week low, driven by strong Q4 earnings, record-breaking policy sales, and rising brand value. Brokerages remain bullish, and the insurer’s market cap crossed ₹6 lakh crore after a 7-month gap.
  • Rupee falls 8 paise to 85.70 against US dollar amid FII outflows, RBI dollar demand

    The rupee fell by 8 paise to 85.70 against the US dollar in early trade Thursday, pressured by sustained FII outflows, dollar demand from the RBI, and global risk sentiment. Traders await NFP data and India-US trade deal cues.
  • Sensex, Nifty rise on Asia cues and hopes of India-US trade deal

    Indian benchmark indices Sensex and Nifty rose in early trade on Thursday, buoyed by a positive trend in Asian markets and optimism over a potential India-US trade deal. Gains in key stocks and global cues supported investor sentiment.
  • Opinion: Rethinking Urban Governance — districts, not cities, must be the focus

    India’s urban future lies not in isolated city master plans but in integrated district-level development. A district-based approach to urban governance reflects how people live, economies actually function, and development unfolds
  • Pashamylaram accident: Sigachi Industries shares fall for third straight day, tumble nearly 8 per cent

    In three days, the stock has lost 22.63 per cent on the BSE. On July 2, the stock dropped 7.34 per cent to settle at Rs 42.69 apiece on BSE while it it tanked 7.57 per cent to Rs 42.56 a share on NSE
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