US–India trade: India’s exports to US drop nearly 12% in September, imports rise 11.8%

India’s merchandise exports to the United States fell 11.93% to $5.46 billion in September amid Washington’s 50% tariff on Indian goods, while imports from the US rose 11.78% to $3.98 billion, according to data from the commerce ministry.During April–September FY26, exports to the US grew 13.37% to $45.82 billion, while imports increased 9% to $25.6…

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AI infrastructure push: Nvidia, Microsoft join BlackRock-led group in $40 billion data center deal; computing power in focus

A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to…

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Infosys ramps up lateral hiring: Tech giant offers cash referral bonuses; signals strong demand for tech talent

Infosys has stepped up lateral hiring across its development centres in India, offering cash rewards to employees who recommend candidates for open positions, signaling growing momentum in mid-career recruitment at the Bengaluru-headquartered software giant, according to an ET report.In an internal communication, Infosys outlined referral bonuses of Rs 10,000 for job level 3 hires, Rs…

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US market today: Wall Street rallies on strong tech and bank profits; US-China trade worries linger

Wall Street advanced on Wednesday as robust earnings from major technology and banking firms overshadowed lingering US-China trade concerns. The S&P 500 gained 0.9%, recovering from a volatile session, while the Dow Jones Industrial Average rose 320 points, or 0.7%, and the Nasdaq composite climbed 1.1% by 10 a.m. Eastern time, driven largely by strength…

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Trade talks with US: Delhi working to find ‘win-win solution’; 45% of Indian exports remain tariff-free

NEW DELHI: Government sources on Wednesday said that discussions between India and the United States on trade issues are “deeper and ongoing,” with both sides working towards finding a “win-win solution.“According to government sources quoted by ANI, engagement between India and the United States is continuing at multiple levels, with constructive discussions taking place.“The ambassador-designate…

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Leadership change at Hyundai Motors: Tarun Garg named CEO of India arm; $5 billion investment plan unveiled

Tarun Garg (File photo; credit- Hyundai website) Hyundai Motor India announced on Wednesday the appointment of Tarun Garg as its new chief executive officer, establishing a historic milestone as the first Indian to lead the company’s operations in the country. The announcement was made alongside the disclosure of a $5 billion investment strategy for enhancing…

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