Europe Is Spending Big on Defense. Will That Help Its Ailing Economy?
Leaders in Britain and the European Union are promoting the promise of economic benefits from increased military spending, but there is a trade-off. Source link
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Donald Trump tariffs: Commerce Ministry to hold discussions with exporters; diversification of exports in focus
India is facing 50% tariffs from US (AI image) The Commerce Ministry has scheduled multiple sessions this week to engage with exporters across various industries, including chemicals, gems and jewellery. These discussions aim to explore new export markets as a response to shield industries from the substantial 50 per cent US tariffs on Indian products,…
Airbnb’s Joe Gebbia is Trump’s Chief Design Officer. Some Peers Are Skeptical.
Joe Gebbia wants to make government services more “satisfying.” Some peers in the design industry are skeptical. Source link
‘Going to be bad for Russia…’: Donald Trump warns of ‘economic war’ if Putin doesn’t agree to Ukraine talks; says ‘very serious what I have in mind’
Trump has consistently warned of sanctions and additional repercussions for Moscow. (AI image) US President Donald Trump has issued a fresh warning of ‘economic war’ to Russia if Russian President Vladimir Putin and Ukrainian President Volodymyr Zelenskiy fail to resolve their ongoing conflict.According to a Bloomberg report, Trump said the ‘economic war’ would be ‘very…
Trump’s 50% tariffs on India take effect: Industry analysts warn of fallout as export hubs brace for pain; trade deal still in limbo— key takeaways
Trump had announced 50% tariffs on India earlier this month, which went into effect on Wednesday (AI image) NEW DELHI: The additional 25 per cent tariff imposed by US President Donald Trump on Indian goods over New Delhi’s purchases of Russian oil have come into effect, raising the overall levy on exports to 50 per…
Enhancing accessibility: PMS industry wants Sebi to lower Rs 50 lakh minimum investment; sees it has key hurdle
The industry is already facing pressure following the introduction of Specialised Investment Funds (SIFs) from April this year. (AI image) The Portfolio Management Services (PMS) industry has approached market regulator SEBI to reduce the minimum investment threshold of ₹50 lakh to make this investment channel accessible to a wider base of investors. Sebi had increased…
Come September, veteran Amit Kapur will lead AI charge at TCS
Tata Consultancy Services (TCS) BENGALURU: Tata Consultancy Services (TCS) has appointed Amit Kapur as the chief AI and services transformation officer, effective September 1. He will report to the firm’s COO, Aarthi Subramanian. Kapur currently leads TCS’s business in the UK and Ireland, the company’s second-largest region, and has over 26 years of experience with…
Trump Raises Tariffs on India to 50% Over Russian Oil
As punishment for buying Russian oil, President Trump is doubling the tax on goods imported from India, jeopardizing a relationship decades in the making. Source link
‘Somebody is not very happy’: Fiji PM Rabuka backs India amid 50% US tariffs; calls PM Modi ‘big enough to weather discomforts’
Following Washington’s imposition of a 50 per cent tariff on Indian goods set to take effect Wednesday (9.30am IST), Fijian Prime Minister Sitiveni Ligamamada Rabuka expressed confidence in Prime Minister Narendra Modi’s ability to handle such challenges.In his statement, Rabuka said, “…The recent announcements of the tariffs (by the United States)…I told him (PM Modi)…
Trump tariffs: Stories from the battlegrounds
Trump tariffs to take effect It’s here — Trump’s 50% tariffs on India. So, where do India’s exporters go from here? For some of India’s biggest exporters, the answer is any which way that helps them survive the biggest business shock of their entrepreneurial career.TOI spoke to companies across sectors for this story. Some companies…