‘Reserve the right to suspend…’: Amidst trade deal talks, India proposes retaliatory duties against US at WTO; here’s what the issue is about

India has informed the WTO’s Council for Trade in Goods regarding its intended suspension of concessions. (AI image) India has proposed retaliatory tariffs on Friday against the United States at the WTO (World Trade Organisation) in response to American safeguard measures on the automobile sector. The move comes amidst ongoing trade deal talks with the…

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China targets involution’ in EV market; crackdown on oversupply and price wars led by BYD

China targets involution’ in EV market (Image credits: AP) China’s government is stepping in to cool down the fierce price war in its electric vehicle (EV) market, as concerns over oversupply, shrinking margins, and industry instability grow.After years of aggressive industrial policy driving EV adoption, China’s electric vehicle market has become the largest in the…

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IndiGo debuts direct Mumbai-Amsterdam flights: Eyes leisure, business & student travel; check flight schedule

Indian airline IndiGo has launched direct flight services between Mumbai and Amsterdam. The new route, announced on Wednesday, marks the airline’s second major long-haul launch in two days, following the start of Mumbai-Manchester flights.“This route will not only enhance connectivity for leisure, business, and student travellers, but also deepen the thriving partnership between India and…

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Trent share price today: Stock drops around 9% after slower growth outlined at AGM; Nuvama downgrades

Nuvama expressed its concerns about the potential slowdown in Trent’s growth. (AI image) Trent Ltd, a Tata Group company, saw a significant share price decline of 8.7% to Rs 5,652 on the National Stock Exchange on Friday. This drop followed the company’s AGM announcement regarding slower revenue growth, leading Nuvama brokerage to revise its rating…

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