Buisiness

European Commission President Ursula von der Leyen and Donald Trump The European Union on Thursday announced that it would suspend its retaliatory tariff worth 20.9 billion euros ($23 billion) on US goods for 90 days after American President Donald Trump imposed a pause on levies. European Commission President Ursula von der Leyen acknowledged Trump’s announcement…

NEW DELHI: India’s largest IT services firm, Tata Consultancy Services (TCS), reported a marginal 1.68% drop in consolidated net profit to Rs 12,224 crore for the quarter ended March 2025. The company’s revenue stood at Rs 64,479 crore in Q4 FY25, a 5.3% increase year-on-year, signaling moderate growth as global economic uncertainty continues to loom.For…

US export shipments from China are on hold. Indian companies and Chinese part makers are negotiating to lower prices by up to 5%. (AI image) Chinese electronics component makers are offering price reductions of up to 5% to Indian companies as part of new sourcing contract negotiations, driven by concerns over the US trade conflict….

US President Donald Trump wants other countries to import more American beef and poultry. Several countries have restricted importing these products for decades because they don’t meet their food safety regulations.In an announcement on April 2, Trump called out Australian restrictions on US beef, saying: “We imported $3 billion [€2.7 billion] of Australian beef from…

The impact of rate reductions on short and medium-term FDs will be more immediate. (AI image) Are fixed deposits your go to investment option? Then now may be the right time to put your money in FDs as interest rates are likely to come down soon. Fixed deposit investors must take swift action as the…

In February, India and US had announced plans to complete the first phase of a trade agreement soon. (AI image) India is eager to expedite a trade agreement with the United States following US President Donald Trump’s unexpected decision to temporarily pause the implementation of reciprocal tariffs on many countries whilst increasing duties on China.Trump…

As US President Donald Trump’s trade war rolls on, the financial world is buzzing with complex-sounding terms that may confuse everyday readers. From bears and bulls to dead cats and dips, here’s a simple guide to what they mean—and why they matter right now.Bear and bull marketWhen share indexes like the S&P 500 or Dow…

Stock market holiday today: The Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) are closed for trading today, April 10, due to the observance of Mahavir Jayanti 2025. Trading activities will commence again on Friday, April 11.During this closure, all trading segments will be closed, including equities, derivatives, currency, securities lending and borrowing (SLB),…

Chinese producers of plastic Christmas trees and other holiday items say they’ve yet to receive any orders from their US clients – and they fear they may not get any at all, reports news agency Reuters. The delay comes amid soaring US import tariffs, with US President Donald Trump ramping up levies on Chinese goods…

This is a representational AI image Asian markets surged on Thursday morning after US President Donald Trump paused most of his planned tariffs, sparking a wave of optimism among global investors. The relief rally followed a historic upswing on Wall Street, where major indices recorded some of their biggest gains in recent years.“I have authorised…