India set to double the investment limit for foreign individuals to 10%
India's central bank is set to double to 10% a cap on investment by individual foreign investors in listed companies,…
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(Update 12 minutes ago)‘Assassin’s Creed’ maker Ubisoft to create a €Euro 4 billion subsidiary with Tencent
Prominent video game maker Ubisoft Entertainment announced that it will be creating a new subsidiary for its Assassin’s Creed, Far…
Read MoreStock markets trade lower on weak global trends amid US tariff jitters
Benchmark indices declined in early trade on March 28 mirroring weak trends in the global markets amid uncertainties over Trump…
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Santander UK plans to close 95 branches cutting 750 jobs
Santander UK's announcement on Wednesday that it plans to shut a fifth of its branch network has raised concerns about…
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Morgan Stanley to cut 2,000 jobs as clients grapple with Trump tariffs
Morgan Stanley is planning to cut around 2,000 jobs later this month, marking the first layoff round under CEO Ted…
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Google buys Wiz: Backer Sequoia Capital to reap 25-fold return from the deal
Wiz backer Sequoia Capital is poised to deliver a return of about 25 times its invested capital from the cybersecurity…
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India poised to be world’s leading consumer market: Morgan Stanley
Undergoing a significant energy transition, rising credit-to-GDP ratio, and expanding manufacturing sector, India is poised to become the world’s most…
Read MoreRetail inflation to come below RBI’s 4.4% estimates in Jan-Mar quarter at 3.8%
Consumer price index (CPI) or retail inflation is likely to undershoot the Reserve Bank's target in the January-March 2025 quarter,…
Read MoreGold hits $3,000 for first time: Trade tensions and Fed bets drive rally
Gold pierced through the psychological milestone of $3,000 an ounce on Friday for the first time, building on an historic…
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From Canada to Europe, Trump’s tariffs fuel ‘boycott USA’ backlash
US President Donald Trump’s sweeping tariffs—initially targeting Canada, Mexico, and China before expanding to all steel and aluminum imports—are triggering…
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India’s exports under pressure as US and EU tighten trade policies
India’s exports are facing heightened challenges owing to aggressive trade policies from partners like the US and the European Union…
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US seeking zero tariffs on car imports in India ahead of Tesla’s entry
The United States wants India to eliminate tariffs on car imports under a proposed trade deal between the two nations,…
Read MoreSlowdown in credit card growth continues, disbursement at 4-year low: Report
The credit card sector in India is witnessing a slowdown, with disbursement growth falling to a four-year low, according to…
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Apple to invest in Indonesia in bid to end iPhone sales ban in country
One of the world's largest smartphone manufacturers, Apple, has signed an agreement with Indonesia to invest $1 billion in the…
Read MoreAmazon India hit with $39 million penalty for apparel trademark violation
The Delhi High Court has ruled against Amazon, directing one of its units to pay $39 million, which is over…
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Bitcoin slides under $90,000, erasing some of the gains made under Trump
The price of bitcoin fell below $90,000 and other cryptocurrencies saw large drops Tuesday morning, erasing some of the gains…
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Washington and Beijing closer to a ‘possible’ trade deal
US President Donald Trump hinted towards a “possible” trade deal with one of its key targets for tariff policies, China.…
Read MoreIndia may let foreign EV makers like Tesla test market before investing
The government is working on final guidelines for its electric vehicle (EV) manufacturing incentive scheme, and it may allow foreign…
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US’ reciprocal tariffs may have limited impact on Indian exports: Report
The impact of US tariff reciprocity on Indian exports is expected to be minimal, despite concerns over trade restrictions, according…
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China consumer inflation picks up as holiday boosts spending
Inflation picked up in China last month, official figures showed Sunday, as the Lunar New Year holiday boosted January spending.…
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US inflation rises by most since August ’23, dims rate cut chances
US consumer prices increased more than expected in January, reinforcing the Federal Reserve’s message that it was in no rush…
Read MoreAs food prices decline, India’s retail inflation slows to 5-month low of 4.31%
The retail inflation in January fell to a five-month low of 4.31 per cent, mainly due to a decline in…
Read MoreIndia’s Index of Industrial Production records 3.2% growth in December
The Index of Industrial Production (IIP) grew 3.2 per cent in December which was 5.2 per cent the month prior,…
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Ratan Tata’s millennial friend Shantanu Naidu gets top role at Tata Motors
Shantanu Naidu, known for his special bond with late industrialist Ratan Tata, was promoted to General Manager, Head of Strategic…
Read MoreBudget signals slowing fiscal consolidation, says Moody’s
The Budget signals slowing fiscal consolidation as focus shifts to reinforcing growth, global ratings agency Moody's Ratings said on Tuesday…
Read MoreSEBI allows safer participation of retail investors in algo trading
Capital markets regulator SEBI facilitated the participation of retail investors in algorithmic trading (algo trading), which provides advantages of faster…
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Trade diversion due to US-China tariff war could boost Indian exports
India was the fourth-largest beneficiary of the trade diversion following the US-China trade war initiated by US President Donald Trump…
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Dollar dips as Trump eases stance on China tariffs
The dollar dropped to a one-month low after President Donald Trump appeared to soften his approach toward tariffs on China.…
Read MoreForex reserves decline by $1.88 bn to $623.98 bn
India’s forex reserves dropped by USD 1.88 billion to USD 623.983 billion in the week ended January 17, the RBI…
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EV sector pushes for tech investments and smart mobility solutions
As the unveiling of Budget 2025 approaches, the country’s electric vehicle (EV) sector is hopeful for measures and initiatives to…
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