‘Pawn in trade negotiation’: China refuses to buy US soybeans; Donald Trump admin plans support for farmers

American farmers are looking at losing billions of dollars as Chinese importers have refused to buy US soybeans due to tensions between the two nations. To ease the blow, US treasury secretary Scott Bessent announced that the government will be rolling out new support measures for the farming sector.Bessent told CNBC that the federal government…

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India-Russia trade: Putin orders officials to increase imports to address trade imbalance; ‘losses faced by India due to US tariffs…’

The Russian president indicated that to address trade disparities, Russia could increase its imports of agricultural goods and pharmaceutical products from India. (AI image) India and Russia are looking to deepen trade ties, with Russian president Vladimir Putin instructing officials to formulate strategies to address the trade imbalance. This includes increased procurement of agricultural goods…

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‘Starting to kick in’: Trump hints at $1,000–$2,000 ‘tariff dividend’ for Americans; what it means

US President Donald Trump on Thursday said that he is considering giving Americans up to $2,000 in rebates from revenues generated by his tariff policies, calling the payments a “dividend to the people of America.”“They’re just starting to kick in,” Trump said in an interview with One America News Network, referring to the tariffs imposed…

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Gold price prediction: What’s the outlook for October 3, 2025? Gold trend bullish, but a ‘sell on rise’ strategy makes sense

The gold market is currently in a state of high volatility, with strong underlying bullish momentum offset by a potential for short-term correction. (AI image) Gold price prediction today: Gold prices are likely to maintain a bullish momentum in the coming days. However, today’s technical set-up signals a sell on rise strategy, says Jateen Trivedi,…

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TCS hiring, cybersecurity moves under US, UK lens

BENGALURU: Tata Consultancy Services (TCS) is under scrutiny as lawmakers in both the US and UK press CEO K Krithivasan for answers regarding the company’s employment practices and cybersecurity protocols. US Senators Charles E Grassley and Richard J Durbin from the senate judiciary committee wrote to TCS CEO K Krithivasan, raising concerns about the company’s…

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10% households invest in markets: Survey

MUMBAI: Less than one out of 10 households in India (9.5%) invest in securities market-related financial products like stocks and mutual funds, a Sebi survey showed. This is despite 63% of the country’s total 33.7 crore households knowing about at least one of these products.Among states, nearly 21% of households in Delhi invest in securities…

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US firm sues Hexaware for patent breach, seeks $500 million

BENGALURU: American tech firm Natsoft and its subsidiary Updraft have sued Mumbai-based Hexaware Technologies in the US for $500 million for patent infringement.The plaintiffs allege that Hexaware’s flagship modernization platforms — RapidX, Amaze, and Tensai/ATOP — illegally incorporate Natsoft’s patented technologies covering automated code testing, business-rule extraction, code generation, and legacy modernisation.Plaintiffs alleged that Hexaware…

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Abu Dhabi fund to buy 41% in NBFC Sammaan for $1 billion

MUMBAI: Abu Dhabi’s ruling family-owned International Holding Company (IHC) will acquire a 41.2% stake in Sammaan Capital (formerly Indiabulls Housing) for Rs 8,850 crore. At about $1 billion, this is the largest foreign investment in India’s NBFC space.The investment will be made through preferential allotment of equity and warrants at Rs 139 per share, below…

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