Category: Business
India-EU FTA removes import duty on textile, leather in relief from 50% US tariffs| Business News
The India-EU trade deal has eliminated tariff on Indian textile and leather exports to the European Union, in what is seen as significant relief to…
Adani, Embraer sign MoU to build regional aircraft in India, set up assembly lines| Business News
Embraer and Adani Defence & Aerospace, a flagship company of Adani Enterprises Ltd, on Tuesday signed a Memorandum of Understanding (MoU) to manufacture aircraft in…
India, EU seal ‘mother of all trade deals’ to benefit two billion people| Business News
India and the European Union have agreed on a free trade agreement, capping nearly two decades of negotiations at a time of strained ties with…
Import duty on cars cut to 10% from 110%, with riders| Business News
India and the European Union (EU) have signed a free trade agreement that will gradually reduce the import duty on cars to 10% with an…
Adani Group, Brazil’s Embraer to set up regional aircraft venture in India| Business News
Adani Group and Brazil’s Embraer SA are partnering for a regional transport aircraft venture in India, marking the foray of the conglomerate that’s already the…
Dario Amodei doubles down on AI risks, and calls out the industry| Business News
Dario Amodei, the CEO of Anthropic, one of the largest artificial intelligence (AI) companies, has warned of “danger” of the technology in his latest essay,…
Govt plans hybrid ATMs to dispense small notes amid UPI overdrive| Business News
The government is exploring multiple ways to push more small-denomination currency notes into circulation, at a time when UPI is increasingly making digital payments ubiquitous…
VW to BMW brace for tough India market even after India-EU trade deal| Business News
European carmakers, squeezed by US tariffs and price wars in China, will get a welcome boost from an India-EU trade deal that sharply drops import…
M&M leads decline in auto stocks as India-EU FTA said to cut import duty on cars| Business News
Mahindra & Mahindra Ltd. led declines in auto stocks on Tuesday amid reports that the India-EU trade deal includes a clause to slash import duty…
Nvidia invests $2 billion more in CoreWeave, offers new chip| Business News
Nvidia Corp., the dominant maker of artificial intelligence chips, invested an additional $2 billion in CoreWeave Inc. to help speed up an effort to add…