Apple reported better-than-expected first-quarter profits but cautioned investors about the growing impact of US tariffs on its operations. CEO Tim Cook announced that tariffs could cost the company approximately $900 million in the current quarter. […]
India’s exports of goods and services hit an all-time high of USD 825 billion in 2024-25, driven by a record surge in the shipments of services that reached USD 386.5 billion in the last fiscal […]
The Indian rupee surged to its strongest level this year on Friday, breaching the 84-per-dollar mark for the first time since October 2024. The currency rose as much as 0.7% to hit 83.83 against the […]
Mumbai: Successful business and trade is one of the important pillars of a prosperous nation. Capacity building among young entrepreneurs is the key to achieve this. Atal Incubation Centre (AIC), an initiative of Rambhau Mhalgi […]
The U.S. dollar staged a rebound against its major peers on Wednesday on hopes of de-escalating trade tensions and as President Donald Trump backed away from threats to fire the head of the Federal Reserve, […]
Equity benchmark indices Sensex and Nifty ended lower on April 24 amid profit-taking after a seven-day rally and disappointing earnings from Hindustan Unilever. Selling in blue-chips ICICI Bank, Bharti Airtel and a largely muted trend […]
While highlighting that the world growth is projected to fall below two per cent this year, Fitch Ratings has cut India’s gross domestic product (GDP) growth estimate by 10 basis points (bps) to 6.4 per […]
Union Finance Minister Nirmala Sitharaman on Thursday, April 17, said India will focus on policy agility and long-term vision to navigate the global challenges amid ongoing trade recalibrations worldwide. The intensification of tariff wars and […]
US President Donald Trump on April 16 ratcheted up his tariff offensive up to 245% on China. He also declared it’s up to China to return to the negotiating table after Beijing backed out of […]
The Reserve Bank on Wednesday cut India’s growth forecast to 6.5 percent from 6.7 percent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties. Prospects of agriculture […]
US President Donald Trump’s sweeping “reciprocal” tariffs—most notably a stunning 104% levy on Chinese imports—came into force on Wednesday, starting a global trade war, shaking markets, triggering alarm from economists, and creating fissures within the […]
Home, auto and other loans are likely to cost less as the Reserve Bank of India (RBI) cut interest rates on Wednesday for a second consecutive time and signalled more easing to come as it […]
Tesla’s quarterly sales plunged 13% to the weakest in nearly three years, hurt by a backlash against CEO Elon Musk’s politics, rising global competition and people waiting for a refresh to its highest-selling electric vehicle […]
India’s export sectors such as shrimp, carpet, medical devices and gold jewellery will face the impact of the 27 per cent additional import duties announced by the US on April 2, an official said. However, […]
The soaring price of gold, which has reached record highs in recent months, has been a boon for investors but a burden for consumers purchasing jewellery. However, market analysts suggest a significant downturn could be […]
By Mabel Pais Seton Hall University has released its Spring 2025 edition of their Business Leadership Magazine, ‘IN THE LEAD.’ The magazine explores the theme of ‘INNOVATION in LEADERSHIP’ to achieve success, with thought-provoking advice […]
Chinese President Xi Jinping has met with a group of global business leaders in Beijing, in an effort to boost investor sentiment as rising tariffs fuel uncertainty for the economy and international trade. Xi met […]
India’s central bank is set to double to 10% a cap on investment by individual foreign investors in listed companies, as it aims to boost capital inflows, according to two senior government officials and documents […]
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 […]
Santander UK’s announcement on Wednesday that it plans to shut a fifth of its branch network has raised concerns about the bank’s future in the UK. The move, which could result in around 750 job […]
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 […]
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