Category: Business

India's Prime Minister Narendra Modi and Brazil's President Luiz Inacio Lula da Silva in Brasília in July 2025. Both India and Brazil are founding members and de facto leaders of the BRICS, the bloc of emerging world powers that Donald Trump loathes. (Reuters)
Posted in Business

Trump tariffs unite India and Brazil to triple their $12-billion bilateral trade| Business News

India and Brazil, two of the largest emerging market hit hardest by Donald Trump’s trade wars, are deepening their ties, betting that a united front…

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The safe-haven gold has gained 59% year-to-date, driven by multiple factors. (Reuters)
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Gold price hits record high, silver price eases amid US Fed rate-cut, US-China trade woes| Business News

Gold prices rose to a fresh record to just shy of the $4,200-per-ounce levels on Wednesday, after Jerome Powell hinted at more US Fed rate…

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The Employees Provident Fund Organisation (EPFO) is trying to modernise its systems while retaining the sanctity of retirement savings. (HT)
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What’s changed for your own provident fund, overnight| Business News

The Employees’ Provident Fund Organisation (EPFO) has rolled out its biggest reform in years to pushback against new withdrawal limits and requirement for a minimum…

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While LG Balakrishnan & Bros Ltd. is an auto components maker based in Coimbatore, LG Electronics India Ltd. sells home appliances. (Representational Image)
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The LG confusion? LG India’s listing pops auto parts stock to 52-week highs| Business News

A lesser known stock caught strays off LG India’s listing-day pop in a good way, so much so that its shares rose to a 52-week…

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Hyundai India MD & CEO Designate Tarun Garg. (Tushar Deep Singh/HT)
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Hyundai India appoints Tarun Garg as MD & CEO as Unsoo Kim resigns| Business News

Tarun Garg has become the first Indian to lead Hyundai Motor Co. Ltd.’s India operations since the South Korean carmaker entered the subcontinent with the…

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Tech Mahindra CEO Mohit Joshi and CFO Rohit Anand. (Tushar Deep Singh/HT)
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Tech Mahindra eyes growth in second half of Fiscal 2026 amid US headwinds| Business News

Tech Mahindra Ltd. is banking on its financial services and manufacturing to deliver growth in the second half of the ongoing fiscal, even as US…

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Chair Jerome Powell has reiterated that the US Federal Reserve is slightly more worried about the job market than its other congressional mandate, which is to keep the US inflation in check. (Bloomberg)
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Jerome Powell hints at more US Fed rate cuts amid jobs slowdown| Business News

Jerome Powell signalled more US Fed rate cuts are in the offing as a slowdown in jobs creation poses a growing risk to the US…

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Goldman Sachs' headcount was 48,300 at the end of September, about 1,800 more employees than at the end of last year. (Reuters)
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Goldman Sachs warns staff of more layoffs as AI saves costs| Business News

Goldman Sachs Group Inc. told staffers to expect an additional round of layoffs this year as the bank seeks further savings across its businesses and…

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Prime Minister Narendra Modi (left) and US President Donald Trump. (AFP)
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India speeds up US trade talks in bid to clinch deal by November this year| Business News

India is fast-tracking trade talks with the US with the goal of concluding deal negotiations by next month, according to people familiar with the matter,…

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Adani Group Chairman Gautam Adani. (Bloomberg)
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Adani Group eyes dozens of Sahara assets to build land bank| Business News

Adani Properties is seeking court approval to acquire 87 properties including hotels and malls from Sahara Group, in a move that could bolster the Gautam…

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