Buisiness

NEW DELHI: Ongoing uncertainty surrounding US trade policy—especially the recent tariff moves by the Trump administration—is expected to undermine business confidence and consumer sentiment across Asia, including India, and could significantly dampen regional growth, Moody’s Ratings said on Sunday.While President Donald Trump has announced a three-month delay in implementing reciprocal tariffs on most countries, China…

The combined market valuation of five of the top 10 most valued Indian companies rose by Rs 84,559.01 crore during a holiday-shortened trading week, with Hindustan Unilever Limited (HUL) emerging as the biggest gainer. This rise came even as the broader market posted a slight decline, with the BSE Sensex slipping by 207.43 points or…

The UK pledged £20 billion ($26 billion) on Sunday to help exporters including those affected by US tariffs, as President Donald Trump’s sweeping stop-start import taxes roil global markets.Britain’s finance ministry said the move would expand the UK’s export finance package by £20 billion to a total of £80 billion, with “thousands of UK businesses…

NEW DELHI: Amid ongoing tariff talks, India is stepping on the gas — literally — to reduce its trade surplus with the US in the hope of an early deal. State-run gas utility GAIL has invited expressions of interest for acquiring upto 26% stake in a US LNG (liquefied natural gas) project and a 15-year…

PM Narendra Modi and Donald Trump (File photo-ANI) The proposed India-US bilateral trade agreement is unlikely to include a ‘zero-for-zero’ tariff strategy, as the two nations are at different stages of economic development, official sources said. The idea, though floated by trade experts to counter reciprocal tariff hikes by the US, does not align with…

With egg prices hitting record highs just ahead of Easter, some families — and even a few bunnies — may be looking for more affordable alternatives to keep the holiday tradition alive. One sweet solution? Marshmallows.Priced around $2 a bag, marshmallows are emerging as a cost-friendly, dyeable substitute for eggs this season. Capitalizing on the…

India’s largest carrier IndiGo is confident that the global events triggered by tariff hikes will not impact its long-term plans. The large domestic market, which includes a big untapped segment, will help airlines, the company’s Chief Executive Pieter Elbers told PTI in an interaction. “Some of the more recent dynamics and the global scale are…

Equity markets are expected to remain volatile in the upcoming holiday-shortened week, with investors closely watching developments on the US-China tariff war front, along with key quarterly earnings from major Indian companies including Wipro and Infosys, according to analysts.Trading activity will be impacted by market closures on Monday for Dr. Baba Saheb Ambedkar Jayanti and…

Indian exports of smartphones, laptops and other electronics to the US are expected to become 20% cheaper as compared to those from China, after the Trump administration removed tariffs on a range of consumer electronics, industry body ICEA said on SundayThe move, announced over the weekend, is seen as a major boost for India’s rapidly…

Greenfield corridor (File photo) The Bihar government is gearing up to establish special industrial zones across the state, riding high on the success of the Bihar Business Connect 2024 summit, where investment proposals worth Rs 1.81 lakh crore were received. According to Industries Secretary Bandana Preyashi, these zones will be strategically developed under the state’s…