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Posted in Economy

‘I didn’t say which Diwali’: Boris Johnson on India-UK FTA deadline; hails scotch whisky tariff cut from 150% to 75%

Former UK Prime Minister Boris Johnson had a cheeky response when asked about his earlier promise to conclude the India-UK Free Trade Agreement by Diwali,…

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Posted in Economy

Chhattisgarh steps up geospatial, logistics planning with two PM GatiShakti pacts

Raipur: The Chhattisgarh government has signed two memoranda of understanding with BISAG-N and National Logistics Data Services Ltd (NLDSL) to boost the use of geospatial…

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Nvidia stock faces high expectations ahead of August 26 earnings as Wall Street watches AI growth, valuation, open-source models. (REUTERS)
Posted in Business

What’s next for Nvidia after the AI chip boom? Wall Street wants more—here’s what investors need to know

Nvidia is set to report its latest earnings on August 26, but Wall Street is not simply waiting to see whether the chip giant beats…

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Walmart adds Apple Pay and Google Pay Tap to Pay from August 24. (Bloomberg)
Posted in Business

Walmart stock falls 9% as retailer finally brings Apple Pay, Google Pay

Walmart stock fell sharply after the retail giant reported its latest earnings. Shares dropped around 9%, falling from $114.30 to $103.84. Walmart also saw its…

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Robinhood stock rises nearly 5% as Trump backs the Clarity Act, boosting hopes for clearer US crypto rules and stronger growth for HOOD. (AP)
Posted in Business

Why is Robinhood stock rising today? Trump’s crypto push sends HOOD up nearly 5%

Robinhood shares jumped nearly 4.9% in pre-market trading on Friday. The rise came as investors became more optimistic about the future of cryptocurrency regulation in…

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Vijay Shekhar Sharma's Rs 4 crore pay found 'materially below' peer median; Board recommends revision
Posted in Startups

Vijay Shekhar Sharma’s Rs 4 crore pay found ‘materially below’ peer median; Board recommends revision

After an independent benchmarking exercise found that the remuneration of Paytm founder and chief executive officer (CEO) Vijay Shekhar Sharma was materially below the benchmarks…

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Posted in Economy

India’s foreign exchange reserves up almost $50 billion since July

Kolkata: India’s foreign exchange reserves surged by nearly $50 billion since July as inflows swelled into the banks’ foreign currency non-resident bank (FCNR-B) following the…

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US stocks fall this week as rising Treasury yields, US debt worries, inflation and Iran tensions weigh on the S&P 500, Nasdaq and Dow Jones. (Getty Images via AFP)
Posted in Business

Why are US stocks falling this week? Rising Treasury yields, Iran tensions weigh on markets

US stock futures moved higher on Friday after US markets fell sharply on Thursday. However, the main stock indexes were still expected to end the…

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Posted in Economy

DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding years

The government on Friday relaxed the eligibility criteria for One Star Export House status, allowing exporters to qualify based on their export performance in any…

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Posted in Economy

Foreign trade policy changes to boost rupee internationalisation, add flexibility for exporters: CII’s Sanjay Budhia

New Delhi, The amendment in certain provisions of the Foreign Trade Policy to make it easier for exporters to invoice overseas sales and receive payments…

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