Hyundai India MD & CEO Designate Tarun Garg. (Tushar Deep Singh/HT)
Posted in Business

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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Posted in Economy

China vs the World: US expects support from India, other allies in rare earths trade tensions

Amid escalating trade tensions with China over its export restrictions on rare earth minerals, US Treasury Secretary Scott Bessent has said that Washington expects support…

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Visa-owned Pismo chases large banks to scale its India biz
Posted in Startups

Visa-owned Pismo chases large banks to scale its India biz

Visa-owned card processing startup Pismo is looking to scale its India business by signing on more banks and launching products like digital lending and core…

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Posted in Economy

IMF raises India’s FY26 growth outlook to 6.6%

The International Monetary Fund (IMF) on Tuesday raised India’s economic growth forecast for FY26 to 6.6% from 6.4% estimated earlier, citing strong first quarter growth…

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Inflation Makes Case for Rate Cut, but Growth Indicators are Benign
Posted in Economy

Inflation makes case for rate cut, but growth indicators are benign

Mumbai: Odds have shortened on further easing in policy rates by the Reserve Bank of India (RBI) after the retail pricing gauge plunged to an…

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Posted in Economy

Textiles, leather & kitchen items exports to US down

New Delhi: India’s exports of labour-intensive goods such as textiles, leather, gems and jewellery, and marine products shrank in August, the month when Washington slapped…

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Tech Mahindra CEO Mohit Joshi and CFO Rohit Anand. (Tushar Deep Singh/HT)
Posted in Business

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)
Posted in Business

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)
Posted in Business

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)
Posted in Business

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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