Toy exporters, who began the financial year with strong dispatches due to early festive shipments and advance buying from US customers, are now having to cut prices and change packaging to cope with the slowdown. The slump comes after American buyers shifted to other sourcing markets following the United States’ decision to impose a 50%…
Commerce and industry minister Piyush Goyal has indicated that India is keeping every option open as it looks at the possibility of restarting free trade agreement (FTA) talks with Canada. His comments follow a fresh round of ministerial interactions aimed at lifting bilateral engagement. “All options open…” Piyush Goyal on ongoing India-Canada talks after two…
Infosys announced its latest round of performance-linked payouts for the September quarter, issuing bonus letters on Friday to employees across several job levels. The Bengaluru based company, which is also India’s second-largest in the IT sector, has granted an average bonus of 75% of the eligible or target amount for the period. Employees told ET…
US President Donald Trump on Friday gave a sigh of relief to American consumers with the announcement of cutting tariffs on a range of products such as beef, coffee, tropical fruits and other commodities. This comes as a major shift in his trade policy as the White House moves to address rising costs for US…
Berkshire Hathaway has unveiled a new multibillion-dollar investment in Alphabet while continuing to scale back its long-running position in Apple, marking the final update of its portfolio before Warren Buffett steps down after 60 years as the chief executive. In a filing submitted to the US Securities and Exchange Commission on Friday, the company reported…
Will banks remain open today or closed today?Many banking customers are unsure about operations today because 15 November falls on a Saturday, which is commonly assumed to be a bank holiday. The confusion left a large number of people wondering if they should complete their banking work over the weekend or postpone it to a…
Wholesale inflation eased sharply to a 27-month low in October, slipping to (-)1.21% on the back of deep deflation in food items and softer prices across fuel and manufactured goods, according to official data released on Friday. The Wholesale Price Index (WPI) had inched up 0.13% in September and stood at 2.75% a year earlier.The…
MUMBAI: Walmart-owned Flipkart will no longer charge any commission to sellers for products priced within Rs 1,000, which covers a broad selection of the product listings on the platform. In a move that analysts say has been taken to fend off competition from value commerce player Meesho, Flipkart will also not charge commission for any…
NEW DELHI: The new digital personal data protection law, that becomes operational after the passage of supporting rules, mandates companies handling digital data to immediately inform users and the newly-constituted data protection board about any breaches to drive transparency in data handling processes.As soon as the entity involved in the processing of personal data learns…
CHENNAI: Commercial vehicle manufacturers are projecting a strong second half for FY26, supported by improving industry conditions and robust demand triggers. Growth in the medium and heavy commercial vehicle (M&HCV) segment is expected to accelerate to high single digits in H2, with all major CV sub-segments likely to close the fiscal on a positive note.The…
