US President Donald Trump Donald Trump has again pushed his tariff strategy against China, saying Europe could end the Ukraine war if it imposed sanctions on Beijing. He asserted that China is “the biggest buyer of Russian oil by far.“In an interview with Fox News, when asked, “Did you tell UK PM Starmer that Europe…
Market experts anticipate the upward trajectory to persist, with tariff-related developments influencing short-term market sentiment. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Friday. While Nifty50 was below 25,400, BSE Sensex was down almost 150 points. At 9:16 AM, Nifty50 was trading at 25,393.55, down…
Russia slammed US tariff threats against India and China, calling them “ancient civilisations” and claiming that threat to them “won’t work,” and that both the nations are unlikely to bow down to ultimatums.Speaking on Russia’s main Channel 1 TV programme “The Great Game,” Foreign minister Sergei Lavrov said, “Both China and India are ancient civilisations….
Indian Hotels Company (IHCL), the owner of the Taj chain, informed the BSE on Thursday that it does not own The Pierre in New York but has leasehold rights for the hotel. IHCL was responding to news articles appearing in media outlets including TOI, which carried a report under the headline “Taj may exit NYC’s…
CHENNAI: JK Tyre is increasing exports from its manufacturing units in Mexico to America in view of the US imposing 50% tariff on goods coming from India. The company has two facilities in Mexico catering for Latin America, Brazil and US.“Currently, 65% of tyres made in Mexico are used for the domestic . We are…
Nvidia agreed to invest $5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to help prop up an ailing archrival that sent Intel shares soaring.Nvidia will buy Intel common stock at $23 per share, the two companies said on Thursday. Intel will use Nvidia’s graphics…
NEW DELHI: Stock market regulator Sebi on Thursday dismissed allegations of stock manipulation against Gautam Adani and Adani group companies by US based short seller Hindenburg Research and said there was no evidence of the group using related parties to route funds to listed companies. In two orders posted on its website, the Securities and…
MUMBAI: Adani Group chairman Gautam Adani welcomed Sebi’s decision dismissing the allegations made by the US-based short seller Hindenburg Research. He also expressed sympathy for investors affected by the Jan 2023 Hindenburg report and called for an apology from those “spreading misleading narratives”. The infra tycoon, through a post on X, said: “After an exhaustive…
BENGALURU: The govt is not reviving anti-profiteering provisions under Section 171 of the GST law, even as it implements one of the largest rounds of tax rate cuts since GST’s rollout in 2017. K Balasubramanian, joint secretary in the ministry of finance, said the Centre is relying on market competition and industry cooperation to ensure…
Leading FMCG makers Procter & Gamble, Emami and Hindustan Unilever Ltd (HUL) on Thursday announced sweeping price cuts across a wide range of products — from soaps and shampoos to toothpaste, coffee and baby diapers — to pass on the Goods and Services Tax (GST) rate cut benefits to consumers. The new price lists will…
