Acknowledging issues in trade deal talks with the Donald Trump administration, Jaishankar said that India has its ‘red lines’. Amidst ongoing tensions between India and the US on trade deal stalemate and the former’s continued Russia crude oil purchases, external affairs minister S Jaishankar has made it cleat that India’s policies will be in its…
NEW DELHI: Indian fashion jewellery makers are reeling under the surge of Chinese imports, which rose 25% year-on-year. Industry executives said importers are misdeclaring shipments and under-invoicing goods to evade anti-dumping duties, making Chinese jewellery nearly 50% cheaper than Indian products.Chinese jewellery’s share of the Indian market has doubled to 50% in 2024-25 from 25%…
NEW DELHI: Over the last five years, India’s private hospital sector has shifted increasingly into the hands of global private equity giants, reshaping the over $80 billion healthcare market through consolidation and scale.Once dominated by public institutions and family-run setups, the sector has witnessed a surge of private equity interest – a sharp departure from…
US president Donald Trump on Friday announced that his administration has started a major investigation into imported furniture, a move that could soon lead to new tariffs. Posting on Truth Social, Trump said the investigation would be completed within 50 days. “Furniture coming from other countries into the United States will be tariffed at a…
Mumbai: Markets regulator Sebi is planning to incentivise fund distributors who bring in first-time women investors into the mutual fund (MF) fold, Tuhin Kanta Pandey, Sebi chief, said on Friday. “Another priority is to encourage greater participation of women in mutual fund investing. Financial inclusion will remain incomplete unless women are equally represented, and we…
Mumbai: Markets regulator Sebi on Friday proposed to hike the minimum amount for a large chunk of shares to qualify as a block deal, from Rs 10 crore now to Rs 25 crore. Block deals are executed through special 15-minute trading windows on stock exchanges twice a day and at prices that are fixed by…
Mumbai/Kolkata: British-Indian industrialist Swraj Paul passed away on Thursday evening in a London hospital at the age of 94. The founder of Caparo Group had been unwell, leading to his recent hospitalisation. Consistently featured in the ‘Sunday Times Rich List’, Swraj was ranked 81st this year, with an estimated fortune of £2 billion. His group,…
The Asian Development Bank (ADB) on Friday approved a $410 million package for Pakistan’s Reko Diq copper and gold mine, as the country’s rare earth deposit are attracting foreign interests.The financing includes $300 million in loans to Canadian firm Barrick and a $110 million credit guarantee for the provincial government. The open-pit project in Pakistan’s…
Nvidia chief executive Jensen Huang said the company is holding talks with the Trump administration over a potential new semiconductor for China, even as Washington maintains tight curbs on advanced chip sales citing national security.During a visit to Taiwan to meet Taiwan Semiconductor Manufacturing Corp (TSMC), Nvidia’s key manufacturing partner, Huang was asked about reports…
India’s foreign exchange reserves rose by $1.488 billion to $695.106 billion during the week ended August 15, according to the latest data released by the Reserve Bank of India (RBI) on Friday.This comes after a sharper rise of $4.747 billion in the previous reporting week, when overall reserves had touched $693.618 billion, PTI reported.For the…
