Tesla slumps, Alphabet jumps: Google’s parent company stock gains 3% on AI spend, Tesla drops 9% after Q2 result

Tesla and Alphabet stocks delivered sharply contrasting movements on Thursday, sending their shares in opposite directions and exposing choppy undercurrents beneath Wall Street’s calm surface.Alphabet rallied 3.1% after it beat quarterly profit estimates and announced a $10 billion increase in AI chip and infrastructure investment this year, taking its total to $85 billion. The move…

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India-UK trade pact boost: Industry bodies hails FTA as ‘transformational milestone’, gems and jewellery sectors eye big gains

Indian industry leaders on Thursday welcomed the signing of the India-UK free trade agreement (FTA) as a “transformational milestone” for bilateral economic relations, praising its potential to expand exports, boost investment, and catalyse joint ventures across multiple growth sectors.Sunil Bharti Mittal, Founder and Chairman of Bharti Enterprises and Co-Chair of the India-UK CEO Forum, said…

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Edible oils oversight: Govt to issue new vegetable oil regulation order next week, aims to enhance transparency and tracking

The Centre will issue a new regulation next week to improve oversight and transparency in India’s vegetable oil sector, Food Secretary Sanjeev Chopra said on Thursday.The new framework, titled the 2025 Vegetable Oil Products, Production and Availability (VOPPA) Regulation Order, will replace the existing 2011 order, PTI reported. It introduces mandatory digital reporting of edible…

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Donald Trump’s aggressive trade moves: US President indicates he won’t go below 15% tariff rate; ‘we’ll have a straight…’

Trump indicated earlier this month that he would send letters to over 150 nations. (AI image) US President Donald Trump seems to have indicated that the 15% reciprocal tariff rate would be the new baseline for most countries. “We’ll have a straight, simple tariff of anywhere between 15% and 50%,” Trump said Wednesday at an…

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