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Posted in Economy

US trade deficit drops after Trump tariffs — but not with India and top trading partners

Post tariffs, trade deficit of United States declined by USD 42 billion but during the same period it has gone up by USD 9 billion…

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Posted in Economy

Trump says he threatened India and Pakistan with 250% tariffs

US President Donald Trump said he threatened India and Pakistan with 250% tariffs to help spur the resolution of their conflict earlier this year, describing…

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Image for SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuation
Posted in Startups

SBI Mutual Fund buys Rs 100-crore worth Lenskart stake at $7.7 billion valuation

Synopsis SBI Mutual Fund has invested Rs 100 crore in Lenskart. This investment values the eyewear retailer at Rs 67,762 crore. Lenskart is preparing for…

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Larsen & Toubro Chairman S.N. Subrahmanyan. L&T is likely to focus on making components for devices and not the device itself—at least to begin with. (X)
Posted in Business

L&T weighs doing a Tata with plans to enter electronics manufacturing in India| Business News

Larsen & Toubro Ltd. (L&T) is weighing the Tata playbook to explore an entry into electronics manufacturing in India, as the country’s largest engineering firm…

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Trump says trade deal with India coming soon, calls PM Modi ‘the nicest looking guy’

US President Donald Trump on Tuesday said he “will have a trade deal with India soon” and that he has “great respect for Prime Minister…

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Even after the pullback, the gold rate still up about 50% this year. (Bloomberg)
Posted in Business

Gold prices steady after three-day drop on US Fed rate cut bets| Business News

Gold steadied after a three-day selloff, with buyers buying the dip ahead of an expected interest-rate cut by the US Federal Reserve. Even after the…

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India-EU FTA: ‘Sensitive’ steel, auto, carbon levy will need more discussions

India and the European Union agreed that issues related to steel, auto, carbon border adjustment mechanism and other regulations need more discussions due to higher…

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Domestic demand environment favourable, trade deal with US could improve exports and support industrial growth: Report

India’s domestic demand environment remains favourable, supported by GST rationalisation and strong infrastructure spending, even as global trade uncertainties pose challenges, according to a report…

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Slowdown in India’s industrial output in H1FY26 will be offset in H2FY26 by GST reforms and festive boost: Report

The slowdown in India’s industrial output during the first half of the financial year 2025-26 (H1FY26) is expected to be offset by the Goods and…

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Adobe CEO Shantanu Narayen shares his vision for the AI era, and (right) first glimpse at an upcoming connector for Express and Photoshop within ChatGPT. (Vishal Mathur/ HT Photo)
Posted in Business

Adobe’s Shantanu Narayen| Business News

Even as tech giants Adobe insists that creativity is entering an era of artificial intelligence (AI), the company makes clear that for any AI initiative…

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