trade war truce

US–China trade reset: From port fees, tariffs to rare earths — What Donald Trump and Xi Jinping agreed on

November 2, 2025

US and China have agreed to a temporary truce in their trade war, pausing new tariffs and export curbs. Key deals include China resuming significant ...

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Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown

November 2, 2025

Opec+ nations, including Saudi Arabia and Russia, will boost oil output by 137,000 barrels daily from December for three months. This modest rise, a pause ...

PM Carney cites ‘progress’ with India, Asia-Pacific; seeks to cut US dependence

November 2, 2025

Canadian Prime Minister Mark Carney highlighted progress in building Asia-Pacific partnerships, including with India, as a strategy to reduce reliance on the United States amid ...

AI AI Yo! Two desi lads in Silicon Valley become youngest self-made billionaires at 22

November 2, 2025

Three 22-year-old friends, including Indian-Americans Adarsh Hiremath and Surya Midha, have become the world’s youngest self-made billionaires. Their AI recruiting platform, Mercor, secured $350 million ...

Competition law vs patent rights: NCLAT rules CCI has no power to probe patented product disputes; upholds case against Swiss drugmaker Vifor

November 2, 2025

The NCLAT ruled that the CCI cannot investigate disputes concerning patented products, asserting the Patent Act’s precedence over the Competition Act. This decision dismissed an ...

US tariffs hit India’s export engine: GTRI report shows 37.5% slump across key sectors; smartphones, pharma, gems among worst hit

November 2, 2025

India’s exports to the US plummeted 37.5% between May and September 2025 due to sweeping tariff hikes by the Trump administration. Shipments fell from $8.8 ...