US President Donald Trump threatened multiple European countries with 10% tariff as he escalated his bid to take control of Greenland. The 47th POTUS said that starting February 1, eight European countries will face a 10% levy on goods sent to the US.In a lengthy statement posted on social media, Trump accused Denmark and other…
China has pushed its holdings of US government debt down to their lowest level in nearly two decades, underscoring a steady recalibration of its foreign exchange reserves away from dollar assets and towards gold and overseas investments amid strained ties with Washington, PTI reported.Data released by the US Department of the Treasury shows that China’s…
India’s merchandise exports are likely to face intensifying pressure in the coming months as uncertainty over the proposed US-India trade deal persists and concerns grow over possible additional US levies linked to India’s crude oil purchases from Russia, ratings firm CRISIL said.In its latest assessment, CRISIL warned that near-term stress could emerge in select agri-export…
US President Donald Trump’s aggressive and unpredictable tariff strategy is beginning to redraw global trade alignments, with long-standing US partners actively seeking alternatives — and China emerging as a key beneficiary.Canada delivered the clearest signal yet of this shift on Friday, cutting its 100% import tax on Chinese electric vehicles in exchange for sharply lower…
MUMBAI: ICICI Bank reported a year-on-year decline of 4.02% in net profit to Rs 11,317.9 crore for the quarter ended Dec 31, 2025, weighed down by a sharp rise in provisions, even as core operating performance remained steady. Profit also fell 8.42% sequentially from Rs 12,358.9 crore in the previous quarter.Announcing the results, the bank’s…
MUMBAI: HDFC Bank reported an 11.46% year-on-year increase in net profit to Rs 18,653.75 crore in Q3 FY26 from Rs 16,735.50 crore a year earlier, on the back of treasury profits with loan growth and stable asset quality supporting earnings, even as operating costs rose sharply.On a sequential basis, profit was largely flat, inching up…
Representative image (AI-generated) As the Union Budget approaches, India’s cryptocurrency sector is seeking clear rules for digital assets. It is also seeking for a rationalisation of the 1% TDS on crypto transactions to boost investor confidence and encourage onshore participation.In the Union Budget 2025, the finance minister left the existing tax framework for VDAs unchanged,…
Two Republican lawmakers have urged US President Donald Trump to press for better access for American pulse crop producers in the Indian market as part of ongoing trade negotiations between Washington and New Delhi.In a letter dated January 16, Senators Steve Daines of Montana and Kevin Cramer of North Dakota called on Trump to include…
Representative image (AI-generated) The ministry of labour and employment is considering making the four Labour Codes effective from April 1 to align their rollout with companies’ financial year. The move is aimed at easing the impact of higher provident fund and gratuity costs arising from changes in salary structures under the new framework.According to officials…
The all air-conditioned train aims to make overnight train journeys faster and more premium and comfortable for passengers. Vande Bharat sleeper flag off today: Prime Minister Narendra Modi is all set to flag off the first Vande Bharat sleeper train set of Indian Railways from Malda town in West Bengal today. The inaugural Vande Bharat…
