Prominent video game maker Ubisoft Entertainment announced that it will be creating a new subsidiary for its Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six games with an enterprise value of about Euro 4 […]
Benchmark indices declined in early trade on March 28 mirroring weak trends in the global markets amid uncertainties over Trump tariffs. The 30-share BSE benchmark Sensex declined 144.66 points to 77,461.77 in early trade. The […]
Morgan Stanley is planning to cut around 2,000 jobs later this month, marking the first layoff round under CEO Ted Pick. This plan was actually made before the recent market tumult and is aimed to […]
Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity startup’s pending sale to Google parent Alphabet Inc., according to a person with knowledge of […]
Undergoing a significant energy transition, rising credit-to-GDP ratio, and expanding manufacturing sector, India is poised to become the world’s most sought-after consumer market, Morgan Stanley’s latest report has said. According to the report released on […]
Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank’s target in the January-March 2025 quarter, opening more policy space for easing the policy rate, Bank of Baroda said. India’s retail […]
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic rally as trade tensions and U.S. rate cut bets supercharge its appeal as a safe […]
US President Donald Trump’s sweeping tariffs—initially targeting Canada, Mexico, and China before expanding to all steel and aluminum imports—are triggering an international consumer backlash. Across Europe and Canada, boycott campaigns against US products are gaining […]
India’s exports are facing heightened challenges owing to aggressive trade policies from partners like the US and the European Union (EU), said a senior trade ministry official, reported Reuters. Santosh Sarangi, head of the Directorate […]
The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations, but New Delhi is reluctant to immediately bring down such duties to zero even as […]
The credit card sector in India is witnessing a slowdown, with disbursement growth falling to a four-year low, according to a report by ACMIIL, a stock market firm. The report, which provides insights into the […]
US President Donald Trump hinted towards a “possible” trade deal with one of its key targets for tariff policies, China. Trump told the Air Force One reporters that during his first tenure in 2020, the […]
The government is working on final guidelines for its electric vehicle (EV) manufacturing incentive scheme, and it may allow foreign carmakers like Tesla to test the market before committing to local production, The Economic Times […]
The impact of US tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according to a report by State Bank of India. The report highlighted that even if the […]
Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending. China has struggled to raise consumption and stave off deflation for months as sluggish spending, […]
US consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush to resume cutting interest rates amid growing uncertainty over the economy. The consumer price index […]
The retail inflation in January fell to a five-month low of 4.31 per cent, mainly due to a decline in the prices of vegetables, eggs, cereals and pulses. Measured by the Consumer Price Index, the […]
The Index of Industrial Production (IIP) grew 3.2 per cent in December which was 5.2 per cent the month prior, quick estimates released by the statistics ministry showed Wednesday, Feb 12. The growth rates of […]
Shantanu Naidu, known for his special bond with late industrialist Ratan Tata, was promoted to General Manager, Head of Strategic Initiatives, at Tata Motors after spending more than six years at Tata Sons. Naidu, 32, […]
The Budget signals slowing fiscal consolidation as focus shifts to reinforcing growth, global ratings agency Moody’s Ratings said on Tuesday but it expects that govt is within reach of its near-term deficit target of 4.5% […]
Capital markets regulator SEBI facilitated the participation of retail investors in algorithmic trading (algo trading), which provides advantages of faster order execution and improved liquidity. At present, only institutional investors are allowed to put in […]
India was the fourth-largest beneficiary of the trade diversion following the US-China trade war initiated by US President Donald Trump during his first term, and domestic exporters could experience a similar boom as a fresh […]
The dollar dropped to a one-month low after President Donald Trump appeared to soften his approach toward tariffs on China. Stock futures fluctuated after the S&P 500 scaled a fresh peak. The president said in […]
India’s forex reserves dropped by USD 1.88 billion to USD 623.983 billion in the week ended January 17, the RBI said on Frida, January 24. Earlier, the overall kitty declined by USD 8.714 billion to […]
As the unveiling of Budget 2025 approaches, the country’s electric vehicle (EV) sector is hopeful for measures and initiatives to make EVs more affordable and accessible to consumers. Industry leaders and experts anticipate that this […]
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