The Bank of England reduced interest rates to 4% due to economic concerns. This is the fifth cut since August 2024. The move aims to counter rising US tariffs and domestic tax hikes. Inflation rose to 3.6% in June. Growth forecast is sl ...more

“As companies look to accelerate this transformation, prioritising data regionalisation is becoming a strategic imperative, enabling trust, transparency, and seamless collaboration,” said Kamolika Peres Gupta, Vice President, India and SAARC, Autodesk

While support from the government cannot be a substitute for export orders, financial assistance is needed to tide over the crisis, say exporters

FICCI president urges bold economic reforms as the US imposes a 25% import tariff on Indian goods, potentially raising the total burden to 50%. This move, penalizing India for Russian oil purchases, sparks industry concerns about compet ...more

Biocon's consolidated net profit plummeted by 95% to Rs 31 crore in the June quarter, with total revenue declining to Rs 4,022 crore. Despite this, operating revenue increased by 15% YoY, driven by Biosimilars and CRDMO gains. A recent ...more

Amitabh Kant views the US tariff hike on Indian goods as a chance to accelerate economic reforms. Donald Trump's decision, linking tariffs to India's Russia ties, doubles duties on various exports, potentially impacting sectors like tex ...more

Intel's shares declined after Donald Trump urged CEO Lip-Bu Tan to resign, citing conflicts of interest due to alleged ties to China. Senator Tom Cotton also raised concerns about Tan's connections to Chinese firms, some with links to C ...more

Mukesh Ambani, Asia's richest man, continues to forego his salary from Reliance Industries for the fifth year, relying on dividend income. Despite this, he earned ₹8.85 crore from his shares, while promoter group firms garnered ₹3,6 ...more

Strong performance was driven by 40% growth in annuity products, 36% in retail protection and health, and 41% in NPAR-savings products. 

Asian equities experienced a resurgence in July, fueled by AI interest and improved US trade relations. Taiwan saw a record $7.78 billion inflow, while South Korea had its best month since February. Thailand ended a nine-month outflow s ...more

Indian exporters are scrambling to adapt as US President Trump's tariffs on Indian goods surge, potentially impacting India's GDP. Businesses are exploring strategies like shifting production to countries with lower duties, targeting ne ...more

Facing sanctions, shipping companies are terminating contracts; and insurance for voyages is becoming harder to secure for the Russia-backed refiner.