Trump says EU ‘in for tariffs’, warns of 10% rate on China
U.S. President Donald Trump pledged Tuesday to hit the European Union with tariffs, adding that a 10% duty on Chinese imports could also come as soon as February 1. Mr. Trump, who was speaking to reporters at the White House a day after being sworn in, cited the need to
Reliance Consumer Products firm acquires SIL Foods
Bengaluru-based Reliance Consumer Products Limited (RCPL) has announced the acquisition of Mumbai-based SIL Foods for an undisclosed sum. This acquisition marked a significant milestone for RCPL in its pursuit of building a futuristic business with a solid foundation, the company said in a statement on Wednesday. “Reliance Consumer Products is
Critical of dynasty politics, Nitish Kumar to now welcome son into JDU? Nishant likely to join politics after Holi
Bihar Chief Minister and Janata Dal (United) chief Nitish Kumar who has time and again taken swipe at his opponents over dynasty politics may just induct his son, Nishant, into the party. According to a report, persons privy to the developments have said that Nishant Kumar is likely to join
India’s exports to U.S. up 5.57% to $60 bn in April-December FY25
Representative image | Photo Credit: Reuters India’s exports rose by 5.57% to $59.93 billion during April-December this fiscal on account of healthy demand in the American market for domestic goods, according to government data. During December, the shipments increased by 8.49% to $7 billion, the data showed. On the other
Windfall for Telangana at Davos as Sun Petrochemicals to invest ₹45,500 crore
Telangana Chief Minister A. Revanth Reddy with AP Chief Minister N. Chandrababu Naidu and Maharashtra Chief Minister Devendra Fadnavis at the World Economic Conference in Davos, Switzerland on Wednesday. The third day of the World Economic Forum saw a windfall for Telangana as the government signed MoUs worth thousands of
OpenAI, SoftBank each commit $19 billion to Stargate AI data center: Report
On Tuesday, U.S. President Donald Trump announced that OpenAI, SoftBank Group and Oracle will unveil Stargate and invest $500 billion over the next four years [File] | Photo Credit: AP OpenAI and Japanese conglomerate SoftBank will each commit $19 billion to fund Stargate, a joint venture to develop data centers
NRAI to approach CCI over ‘private labelling’ by Zomato, Swiggy
Queries sent to Swiggy and Zomato remained unanswered. File | Photo Credit: Special arrangement The National Restaurant Association of India (NRAI), which represents half a million eateries nationwide, said it will approach Competition Commission of India (CCI) over “private labelling” by Zomato and Swiggy and their foray into quick commerce
U.S. sanctions hit Russian oil supply to India; BPCL says supplies may be impacted
Russian oil made up for 34-35% of all oil that BPCL processed at the start of the current financial year in April 2024 | Photo Credit: Reuters The wide-ranging sanctions imposed by the U.S. on the Russian oil sector have started to dent near-term oil flows to India with state-owned
Sensex, Nifty extend gains for 2nd day on buying in IT, consumer stocks
A view of the BSE building in Mumbai | Photo Credit: Paul Noronha Equity benchmark indices Sensex and Nifty extended gains for the second session on Thursday (January 23, 2025) due to intense buying in IT, consumer durables and commodity stocks amid a largely positive trend in global markets. In
Can implement new pilot duty, rest norms in a phased manner from July 1, DGCA tells Delhi High Court
One of the key elements of the DGCA proposal made public in January 2024 but hanging fire is the curtailment of night flying, which has been opposed by both IndiGo and Air India. | Photo Credit: The Hindu The DGCA informed Delhi High Court on Thursday (January 23, 2025) that