Donald Trump tariffs: US President announces 25% levies on medium, heavy-duty truck imports; effective from November 1

File photo: US President Donald Trump US President Donald Trump on Monday announced a 25% tariff on all medium and heavy-duty trucks imported into the United States, effective November 1, 2025.“Beginning November 1st, 2025, all Medium and Heavy Duty Trucks coming into the United States from other Countries will be Tariffed at the Rate of…

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‘EV prices to match petrol vehicles’ in 4-6 months’: Nitin Gadkari outlines auto sector vision; aim for global leadership

AI image used for representative purposes NEW DELHI: Union Road Transport and Highways Minister Nitin Gadkari on Monday said that electric vehicle (EV) prices in India are expected to match the cost of petrol vehicles within four to six months, highlighting the economic and environmental pressures of India’s Rs 22 lakh crore annual fuel import…

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US markets open in green: Tech boost aided by AMD-OpenAI deal lifts Wall Street; investors shrug off govt shutdown concerns

AI image used for representative purposes US stock markets began the trading day on a positive note this Monday, extending the previous week’s upward momentum. The rally was primarily driven by AMD’s artificial intelligence partnership with OpenAI, which helped overshadow worries about an extended US government shutdown.At market opening, the Dow Jones Industrial Average edged…

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India’s oil consumption to surpass all by 2050! 5.4 million to 9.1 million bpd rise predicted; overall world energy share to hit 12%

India’s oil consumption is expected to surpass all other nations by 2050, driven by robust economic growth, accounting for over 12 per cent of global energy usage, according to BP’s chief economist Spencer Dale. As the world’s third-largest oil importer and consumer, and fourth-largest LNG importer, India’s oil demand is projected to rise from 5.4…

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Gold rate today: Gold prices surge Rs 9,700 to hit fresh lifetime high of over Rs 1.3 lakh per 10 grams in Delhi; what’s driving the rally?

So far this year, old prices have increased by Rs 51,350 or 65.04 per cent, advancing from Rs 78,950 per 10 grams on December 31, 2024. (AI image) Gold rate today: Gold prices on Monday surged to a fresh lifetime high of Rs 1,30,300 per 10 grams in Delhi, skyrocketing Rs 9,700 to scale this…

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Dreaming of home in Dubai? Diwali offers beckon Indian buyers; easy payment plans, golden visa add to appeal

Dubai real estate firms are targeting Indian investors during the festive period, offering special Diwali promotions and property exhibitions to attract buyers from primary and secondary cities, as property values in Indian metropolitan areas continue to surge.“Over the last few years, property prices in India have increased significantly, especially for new launches in metro cities…

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No impact of Trump pressure? Russia remains India’s main crude oil supplier; most economical option for Indian refiners

Russia remained the main supplier, delivering about 1.6 million bpd, constituting 34 per cent of total imports. (AI image) Donald Trump-led US government may be pressurising India to curb its crude oil trade with Russia, but Russian oil continues to form the biggest share in India’s crude import basket.India’s imports of Russian crude oil showed…

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