[ad_1] New Delhi: India’s goods exports in 2024-25 reached $437.4 billion, marginally higher than the previous year’s level of $437.1 billion, possibly aided by the rush to front-load shipments before US President Donald Trump’s announcement of reciprocal tariffs at the beginning of April.In March, India’s goods exports rose for the first time in four months…
[ad_1] NEW DELHI: Retail inflation slowed to a more than 5-year low in March on the back of sharply moderating food prices, paving the way for the Reserve Bank of India (RBI) to cut interest rates in the months ahead to support growth against the backdrop of global uncertainty.Data released by the National Statistical Office…
[ad_1] Nvidia Corp, the dominant player in chips for AI models, plans to produce as much as half a trillion dollars’ worth of AI infrastructure in the US over the next four years through manufacturing partnerships.Production of Nvidia’s latest generation AI chip, known as Blackwell, has begun at Taiwan Semiconductor Manufacturing Co’s new plant in…
[ad_1] IndusInd Bank on Tuesday said that accounting lapses in the derivative portfolio will have a negative impact of Rs 1,979 crore on the bank’s networth. The bank has assessed an adverse impact (on a post-tax basis) of 2.27 per cent to its net worth as of December 2024 on account of discrepancies relating to…
[ad_1] A federal judge has ordered Bank of America to pay $540.3 million to the Federal Deposit Insurance Corporation (FDIC) in a long-standing legal battle over underpaid deposit insurance assessments. The ruling, made public on Monday, stems from assessments owed between the second quarter of 2013 and the end of 2014, and includes accrued interest.According…
[ad_1] Banking stocks stole the spotlight on Tuesday as the broader markets continued their winning streak, driven by a mix of interest rate cuts and improved investor sentiment.IndusInd Bank was the standout performer, soaring 6.84% on the BSE. Other private sector lenders followed suit, Axis Bank jumped 4.18%, HDFC Bank rose 3.23%, and ICICI Bank…
[ad_1] Investors witnessed a massive boost in wealth, with Rs 18.42 lakh crore added to their portfolios over two days, driven by a sharp surge in equity markets. The rally mirrored a global uptrend following US President Donald Trump’s decision to ease tariffs on electronics and his hints at potential duty relief on automobiles.Extending gains…
[ad_1] Boeing shares dropped sharply, slumping to 2.8% in premarket trading, after China ordered its airlines to stop taking deliveries of the American aerospace giant’s jets.This fresh blow pushed the company to $154.86 as trade tensions between Washington and Beijing intensified.According to a Bloomberg report, Chinese carriers were instructed not to accept any more Boeing…
[ad_1] Chinese app TikTok mock US customers amid tariff war US TikTok users are increasingly encountering a surge of videos from Chinese content creators encouraging Americans to purchase goods directly from Chinese factories—an apparent strategy to sidestep the Trump administration’s tariffs. These viral clips, often filmed at manufacturing facilities purportedly producing for major US brands…
[ad_1] Sunanda Khaitan, Vice President, Lakme MUMBAI: Small packs or ‘minis’ are slowly becoming a rage in the Indian beauty space—consumers want to experiment and expand their basket of make-up and beauty products beyond a lipstick and a kajal but they are seeking the right price. The mass affordability of small packs aside, in a…
