India is the world’s third-largest oil consumer, and has significantly stepped up its procurement of Russian crude oil. (AI image) US President Donald Trump, through his 25% additional tariffs on India for its Russia crude oil trade, wants to put pressure on Vladimir Putin to end the war with Ukraine – feel experts. But with…
The recent hike in US tariffs on Indian imports could severely impact labour-intensive and manufacturing sectors in India, posing a risk to the country’s economic growth if the 50% duty continues, experts warned.They said the steep tariffs not only risk slowing exports and investment but also add pressure on the rupee, raising concerns for the…
Donald Trump has declared the implementation of a ‘secondary tariff’ on Indian imports to the US. (AI image) US President Donald Trump has announced a secondary or additional tariff on India for its crude oil trade with Russia. During his second presidential term, Donald Trump has wielded tariffs extensively to achieve various objectives: from enhancing…
US President Donald Trump on Wednesday announced a steep 100% tariff on imported computer chips and semiconductors, a move that could lead to higher prices for electronics, cars, appliances, and other tech-driven products.Speaking at the Oval Office alongside Apple CEO Tim Cook, Trump said, “We’ll be putting a tariff of approximately 100% on chips and…
Trump tariff impact: Market experts caution that export-oriented stocks may face significant pressure, with uncertainty likely to continue for several months. (AI image) The stock markets are in a wait-and-watch mode over US President Donald Trump’s tariff moves on India. Trump on Wednesday announced a 25$ additional tariff rate on India for its crude oil…
TCS CHRO Milind Lakkad and CHRO Designate K Sudeep confirmed that the salary adjustments would take effect from September 1. TCS salary hike: Tata Consultancy Services (TCS), India’s largest IT services firm, has announced salary hikes for approximately 80% of its staff members. The salary hikes will mainly cover the IT giant’s junior and mid-level…
US President Donald Trump on Wednesday announced that the reciprocal tariffs would take effect at midnight, targeting countries he said have exploited the United States for years.In a series of posts on Truth Social, Trump said the tariffs would bring in billions of dollars, while once again attacking the US judicial system, warning that only…
MUMBAI: China’s Ant Group will exit Eternal (formerly Zomato) by selling its remaining 1.9% stake worth Rs 5,370 crore ($612 million) through one or more block deals on Thursday, term sheet of the deal showed. This will be the second startup exit for the Chinese firm this week after Paytm. Ant Group, an affiliate of…
Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President – WM Research, Nuvama Professional Clients Group, Asian Paints, Cummins India, and Eicher Motors are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 7,…
NEW DELHI: Airbus has appointed Jurgen Westermeier (53) as MD and president for India and South Asia, effective Sept 1, 2025. Jurgen, currently EVP & chief procurement officer at Airbus, will succeed Remi Maillard, who will become EVP engineering for commercial aircraft and head of technology. In his new role, Jurgen will lead Airbus’ business…
