Buisiness

US stocks climbed in early trading Tuesday, extending the market’s rebound as investors reacted positively to strong earnings from major banks, even as concerns linger over President Donald Trump’s assertive trade agenda.Leading the gains were Bank of America and Citigroup, both rising after reporting solid first-quarter results. The strong showing wrapped up a generally positive…

Investors witnessed a massive boost in wealth, with Rs 18.42 lakh crore added to their portfolios over two days, driven by a sharp surge in equity markets. The rally mirrored a global uptrend following US President Donald Trump’s decision to ease tariffs on electronics and his hints at potential duty relief on automobiles.Extending gains for…

MUMBAI: Is there a connection between Divinion Advisory Services, a wealth management firm owned by Suprakash Mukhopadhyay‘s family, and the Tata Group? Mukhopadhyay serves as company secretary of Tata Sons and works closely with chairman N Chandrasekaran.Tata Pension Management initially listed Divinion as one of 471 Tata Group companies when it began operations in August…

India’s retail inflation declined marginally to 3.34% in March, reaching its lowest level in nearly six years, driven by falling prices of vegetables and protein-rich food items. Consumer Price Index (CPI)-based inflation was 3.61% in February and significantly higher at 4.85% in March last year.The latest figures mark the lowest retail inflation rate since August…

Biocon Biologics announced a major milestone in its US expansion plans, inking a settlement and licensing agreement with Regeneron, allowing it to commercialise its biosimilar eye drug, Yesafili, in the country.Yesafili, a vascular endothelial growth factor (VEGF) inhibitor, is a biosimilar to the widely used ophthalmology drug Eylea (aflibercept)), and is used to treat various…

Citizens Financial Group opens new GCC in Hyderabad in partnership with Cognizant HYDERABAD : US-based financial services giant Citizens Financial Group has set up its first global capability centre (GCC) in India at Hyderabad in strategic partnership with tech services player Cognizant.Located within Cognizant’s new campus in Hyderabad, the Citizens GCC will create around 1,000…

Chinese app TikTok mock US customers amid tariff war US TikTok users are increasingly encountering a surge of videos from Chinese content creators encouraging Americans to purchase goods directly from Chinese factories—an apparent strategy to sidestep the Trump administration’s tariffs. These viral clips, often filmed at manufacturing facilities purportedly producing for major US brands like…

Global equity markets soared on Tuesday as they adjust to US President Donald Trump temporary reliefs announced for electronics like smartphones and computers from tariffs. The move, seen as a potential easing in trade tensions—particularly with China—sparked a surge in investor optimism across continents. Equities in Asia, Europe, and the US responded with strong gains,…

Sunanda Khaitan, Vice President, Lakme MUMBAI: Small packs or ‘minis’ are slowly becoming a rage in the Indian beauty space—consumers want to experiment and expand their basket of make-up and beauty products beyond a lipstick and a kajal but they are seeking the right price. The mass affordability of small packs aside, in a market…