Elon Musk is used to being heard. He leads some of the world’s most high-profile companies and owns one of the most influential social media platforms: X. Musk, the world’s richest person, is one of US President Donald Trump’s most visible allies. This past weekend, Musk made personal pleas to Trump to halt a sweeping…
How unfair are Trump’s tariffs and what should India do to counter their effect on the Indian economy? Donald Trump’s reciprocal tariffs have riled the world. Global markets are reeling from the shock and even experts are unsure about how exactly it will play out. On April 2, 2025, the US President announced ‘discounted’ tariffs…
US stocks opened sharply higher, with the S&P 500 rising 3.86% and the Dow Jones Industrial Average increasing by 1,403 points (3.70%) at 10.15 am EST, while the Nasdaq composite showed a 4.34% gain. All three major US indices were up more than three percent in early trading as President Donald Trump described an upbeat…
NEW DELHI: Led by Apple’s iPhone, India’s mobile phone exports crossed Rs 2 lakh crore in fiscal 2024-25, growing by a strong 54% over the previous year.The share of iPhone in the exports stood at Rs 1.5 lakh crore, Union Minister Ashwini Vaishnaw said on Tuesday as he forecasted a doubling of electronics exports over…
NEW DELHI: State-run Bharat Petroleum (BPCL) on Monday will form an equal joint venture with Sembcorp for green hydrogen production as well as other renewable energy projects in India and elsewhere.Sembcorp will execute the joint venture through its wholly-owned subsidiary Green Hydrogen India Pvt Ltd. The JV will leverage Sembcorp’s experience in renewables and BPCL’s…
Billionaire investor and founder of Bridgewater Associates, Ray Dalio, is sounding the alarm—not about tariffs, but about something far more systemic. In a lengthy statement, Dalio urges the public and policymakers not to fixate on the headline-grabbing tariff wars, but instead to understand the underlying economic, political, and geopolitical forces that are fundamentally reshaping the…
NEW DELHI: Commerce and industry minister Piyush Goyal will hold a key meeting with exporters on Wednesday to discuss the implications of the 26% additional reciprocal tariffs recently imposed by the US under President Donald Trump’s administration, according to an industry official.Senior officials from the commerce ministry, representatives from various Export Promotion Councils (EPCs), and…
File photo of US President Donald Trump and Tesla and SpaceX CEO Elon Musk (Pic credit: AP) Tech billionaire and DOGE head Elon Musk made direct appeals to US President Donald Trump to reverse sweeping tariffs over the past weekend. According to a report in Washington Post, which cited sources, Musk’s efforts were unsuccessful.Both the…
This is an AI generated image (For representative purposes only) BENGALURU: In India’s newest retail experiment, the question isn’t just what consumers want – but how fast they want it. A cluster of startups and incumbents, including Slikk Club, Myntra MNow, Rocketzone, and Blip, are re-engineering fashion ecommerce for hyperlocal speed, compressing the timeline between…
Larry Fink highlighted that market downturns affect ordinary citizens and influence their purchasing behaviour. (AI image) Is the worst of the stock market crash over? How sustainable is global stock market recovery rally? Don’t get your hopes up, cautions BlackRock‘s CEO Larry Fink! The veteran has reportedly said that there is a possibility of another…