Beijing on Tuesday addressed concerns over potential flooding of cheap Chinese goods into other markets, reassuring India that it would not resort to such practices despite the ongoing trade war with the United States.Beijing’s ambassador to India, Xu Feihong, wrote in an opinion piece for The Indian Express that China is focusing on expanding domestic…
AI-generated image (Credit: Bing image creator) American consumer confidence in the economy has dropped to its lowest level since the onset of the Covid-19 pandemic. The Conference Board reported a sharp 7.9-point decline in April, bringing the index down to 86, marking the lowest reading since May 2020. The decline is being largely attributed to…
Representative AI image (Credit: Bing image creator) The US administration announced plans to implement measures by Tuesday to reduce the impact of automotive import tariffs, allowing manufacturers additional time to shift production to US soil.While the 25 per cent tariffs on imported vehicles and components will continue, they will be restructured to prevent overlap with…
Canadian firm The Metals Company (TMC) announced on Tuesday that it has submitted application to the United States for deep-sea mineral mining in international waters. This marks the first such application, supported by President Donald Trump’s push for the industry. The minerals targeted by TMC are crucial for manufacturing electric vehicle batteries and electric cables,…
AI-generated image (Credit: Bing image creator) Job openings in the United States declined in March, reflecting growing economic uncertainty tied to President Trump’s trade policies. Trump had announced implementation of import tariffs in march to be effective from April but just days later, announced a 90-day pause on all countries except China. According to Tuesday’s…
Mumbai: India alongside China and Brazil drove volume growth for American beverage giant Coca-Cola in the March quarter even as the company had to contend with a weakening consumer sentiment in developed markets like the US which weighed on its share of volume gains in the regions.The firm’s consolidated volume grew 2% during the quarter….
This is an AI generated image (credit: Bing image creator) US stocks are witnessing mixed investor sentiments on Tuesday, with the Dow Jones Industrial Average inching up by 66.28 points, or 0.16%, to 40,293.87. In contrast, the Nasdaq Composite slipped 90.44 points, or 0.52%, to 17,275.69, while the S&P 500 fell 18.94 points, or 0.34%,…
Tata Group’s retail arm, Trent Ltd, on Tuesday reported a sharp 56.24% drop in its consolidated net profit for the quarter ended March 31, 2025, despite a healthy jump in revenue. The company posted a net profit of Rs 311.60 crore in Q4 FY25, down from Rs 712.09 crore in the same quarter last year,…
Ambuja Cements, part of the Adani Group, posted its highest-ever annual profit after tax (PAT) of Rs 5,158 crore, marking a 9% year-on-year rise. The cement maker also clocked in a record annual revenue of Rs 35,045 crore for the financial year ended March 31, 2025, up 6% from the previous year.Ambuja’s quarterly performance was…
Representative image (Credit: Canva) NEW DELHI: Tearing or damaging a currency note is a common mishap, but to ensure it doesn’t lead to financial loss, the Reserve Bank of India (RBI) has laid down clear rules for the exchange of damaged currency.The guidelines are meant to ensure that soiled, mutilated, or even badly deteriorated notes…
