Buisiness

Jaguar Land Rover (JLR), the British luxury car manufacturer, announced on Saturday that it will temporarily halt shipments to the United States in April. The company is responding to the 25% tariff on vehicle imports that was imposed by the Trump administration, as it works on long-term strategies to mitigate the financial impact of the…

China issued a scathing rebuke to the United States over its tariff hike, accusing Washington of economic bullying and warning of serious consequences for the global trading system. The response came as a global stock markets tumbled, with China attributing the sharp declines to President Donald Trump’s latest round of tariffs.China’s foreign ministry spokesperson Guo…

Iran’s rial reached an unprecedented low against the US dollar on April 5, 2025, trading at over 1 million rials for a single greenback. The dramatic depreciation of the currency follows the country’s return to work after the Persian New Year, Nowruz, when the exchange rate surged due to limited trading. As currency exchanges resumed…

Tata Capital, the financial services arm of the Tata Group, has filed preliminary documents with market regulator Sebi for a mega initial public offering (IPO) estimated at over Rs 15,000 crore. According to an ET Market report, the Tata Capital’s IPO, which will be conducted under the confidential pre-filing route, will include both the issuance…

India’s leading manufacturers of mining and construction equipment, BEML Ltd has launched the indigenously designed Motor Grader BG 1205 at its Mysuru facility. This milestone emphasizes BEML’s strong commitment to self-reliance and aligns with the Government of India’s Atmanirbhar Bharat initiative.The BG 1205, equipped with a 24-foot blade, has been meticulously designed to cater to…

In a big move for the logistics industry, Delhivery has announced its acquisition of Ecom Express in an all-cash deal valued at Rs 1,407 crore. This deal, which marks the largest consolidation in the sector, comes at a time when Ecom Express has been grappling with financial difficulties and has recently cancelled its plans to…

MUMBAI: Dalal Street, which weathered a contagion effect from the tariff-triggered global market meltdown on Thursday, caved in on Friday as selling around the world’s markets intensified that affected investor sentiment in the domestic market also. After the US imposed a set of tariffs on almost all the countries around the world, China on Friday…

Donald Trump announced tariffs on exporters to the US, including 20% on the European Union and 24% on Japan. NEW DELHI: When US President Donald Trump held out a chart on reciprocal tariffs in White House’s Rose Garden, it clearly showed a 26% levy for all Indian goods.By the time the executive order was issued,…

NEW DELHI: Staring at a steep dent, exporters have asked govt to restore several benefits that have been stopped, such as the interest equalisation scheme and Remission of Duties and Taxes on Exported Products (RODTEP) for SEZ and export oriented units, while prioritising sectors that will be more adversely hit by Trump’s tariffs during the…

J P Morgan projected that the United States will slip into a recession by the end of 2025, attributing the decline largely to President Donald Trump’s newly announced reciprocal tariffs. The forecast comes days after Trump imposed sweeping duties on imports in a bid to rebalance trade ties, with further hikes targeted at countries with…