The US plans to impose higher tariffs on several major trading partners starting Friday unless new agreements are reached with President Donald Trump- raising concerns over rising consumer prices and economic strain. Financial experts warn the proposed tariffs, which must be paid by importers of foreign goods, will likely increase operating costs and reduce household…
JP Morgan maintained its overweight rating on Bharat Electronics with the target price at Rs 490. Analysts said during the April-June quarter, there was a margin-driven beat in numbers and order wins remained strong. They said they were not unduly concerned about BEL’s revenue growth. The PSU major’s order wins were well ahead of the…
NEW DELHI: With barely 48 hours to go for US tariffs to kick in and no deal with India so far, exporters are keeping close tabs on duty announcements, not just for India but others as well, as orders are on hold due to uncertainty around US President Donald Trump’s next move.“It’s an unpredictable situation….
NEW DELHI: In a relief for exporters, the UK trade deal provides for restricting poultry imports from only certain parts of India, as opposed to all exports from the country, with a new audit system for shrimps expected to speed up shipments as individual units will not be subject to repeated audits once the national…
NEW DELHI: President Donald Trump on Tuesday said India may be hit with a tariff of 20-25% – a little lower than the 26% reciprocal tariff announced in April – but cautioned that the final levy had still not been finalised as the two countries negotiate a trade deal ahead of an Aug 1 deadline.“I…
US-China trade deal: The situation with China remains the most significant unresolved matter. (AI image) US-China trade deal talks: Following discussions in Stockholm, China’s chief trade representative announced on Tuesday that China and the United States have decided to maintain their existing tariff arrangements, extending the pause.The latest negotiations between Chinese and US trade representatives…
India-US trade deal: Trump’s remarks come two days ahead of the August 1, 2025 reciprocal tariff deadline. India-US trade deal: Ahead of his self-imposed tariff deadline, US President Donald Trump has said that a trade agreement with India has not yet been finalized. “India trade deal not been finalized,” said Trump. Asked whether India would…
NEW DELHI: Air India has begun conducting “online yoga” classes for its crew members, including pilots who have been under severe psychological stress post the June 12 Ahmedabad crash. The Directorate General of Civil Aviation (DGCA) had soon after that accident directed major Indian carriers to hold post trauma mental health workshop for their flight…
The International Monetary Fund (IMF) has revised its forecast for India’s economic growth to 6.4% for both 2025 and 2026 — up from 6.2% and 6.3%, respectively, projected in its April 2025 World Economic Outlook — reaffirming India’s position as the world’s fastest-growing major economy. The IMF also modestly raised its global growth outlook to…
Sona BLW Precision Forgings (Sona Comstar) has issued a cease-and-desist notice to Rani Kapur, mother of former chairman Sunjay Kapur, demanding she stop disseminating unlawful and defamatory information, according to informed sources, quoted by Economic Times.The notice demands Rani withdraw her July 24 letter to the board, shareholders and stakeholders within 24 hours. The company…