Buisiness

The United States notified the WTO on Monday that the automotive tariffs were implemented under Section 232. (AI image) The United States has informed the World Trade Organization (WTO) that India’s request for consultations regarding American tariffs on automobiles and auto components under the trade watchdog’s safeguard agreement was unfounded.The United States notified the WTO…

The airport division, which is entirely owned by Adani Enterprises Ltd, has an estimated value of $20 billion. Adani Airport Holdings Ltd (AAHL) is considering raising approximately $1 billion in equity from international investors whilst assessing expansion strategies and possible acquisitions, Adani Group CFO Jugeshinder Singh has said. The airport venture will be seeking external…

US President Donald Trump on Wednesday said he’s open to extending the July 8 deadline for trade talks before higher tariffs kick in, but added that an extension probably won’t be “a necessity.“Speaking to reporters ahead of a performance at the Kennedy Center Trump said, “We’re rocking in terms of deals. We’re dealing with quite…

Amidst the ongoing trade and geopolitical tensions, gold and silver are being seen as safe haven investments. (AI image) Gold and silver price prediction: Gold prices have been currently recovering after dipping from recent highs. Silver prices on the other hand are touching new highs. Amidst the ongoing trade and geopolitical tensions, gold and silver…

US President Donald Trump’s much-awaited “Gold Card,” which offers foreigners a path to US citizenship after paying $5 million to the government, has finally opened the waiting list for business. “Thousands have been calling and asking how they can sign up to ride a beautiful road in gaining access to the Greatest Country and Market…

(Source: Donald Trump’s Truth Social account) The much-hyped “Trump Card” is now officially open for registration, offering wealthy foreigners a chance to join a waiting list. US President Donald Trump describes it as a premium route toward US citizenship, for a hefty $5 million price tag.The official website, TrumpCard.gov, features an image of the shiny…

Jio BlackRock Mutual Fund (MF), which on May 26 received the nod from the markets regulator Sebi to start operation, filed with the regulator to launch two debt schemes—liquid and money market funds—to kickstart its fund management business.On Wednesday, the Jio BlackRock joint venture also got regulator nods to start its investment advisory business in…

MUMBAI: SBI has hired 13,455 junior associates as part of its plan to enhance customer service at branches. The clerical-level hiring is part of a broader intake of 18,000 employees, which includes 3,000 officers.SBI chairman C S Setty, in a letter to shareholders, said the bank is sharpening its focus on customer experience and is…

Non-banking financial companies (NBFCs) outpaced commercial banks in credit growth during fiscal year 2025, clocking a sharp 20% increase compared to the banking sector’s 12% rise, according to a report by the Boston Consulting Group (BCG).The surge was largely driven by the Gold NBFC segment, helping boost the total net advances in the NBFC sector…

NEW DELHI: In a move to put a check on edible oil prices, the govt on Wednesday slashed the Basic Customs Duty (BCD) on crude edible oils – soybean, sunflower and palm – from 20% to 10%.This revision has widened the import duty differential between crude and refined edible oils “from 8.75% to 19.25%”, as…