Business

With prices on boil, Trump lowers duties on tea, spices

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US President Donald Trump has lowered import duties on nearly 200 food and agricultural items, including spices and tea, to ease rising domestic prices. This ...

Galeries Lafayette targets booming Indian market – why experts warn sales may stay subdued

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Galeries Lafayette has launched its first Indian store in Mumbai, aiming to capture the nation’s vast consumer market. Despite the promising growth of India’s luxury ...

Ex-Fed governor Adriana Kugler broke trading rules; disclosures show repeated violations

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Former Federal Reserve Governor Adriana Kugler reportedly violated strict trading rules multiple times before her abrupt August resignation. Disclosures reveal over a dozen stock transactions ...

Energy standoff: US tells Serbia to remove Russian ownership from NIS entirely; Belgrade warns of ‘historic’ decisions ahead

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Serbia faces a critical juncture as the US demands complete withdrawal of Russian ownership from its largest oil company, NIS, to lift sanctions. Failure to ...

Railways revises catering policy, popular food chains could soon open at railway stations

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Goodbye Soggy Samosas? Railways Revamp Catering for a Delicious Future Let’s face it: Indian railway journeys are epic. They’re tales of bustling platforms, chai-wallahs weaving ...

USPS financial loss: Postal Service flags $9 bn deficit; agency pushes price hikes and policy fixes

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Facing a staggering $9 billion annual loss, the US Postal Service is pushing for significant administrative and legislative reforms. New Postmaster General David Steiner highlighted ...

AI on the streets: US cities turn to AI for safer streets; new tools track hazards in real time

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Cities and states are increasingly adopting AI tools to identify and prioritize road hazards, a move gaining momentum due to rising traffic deaths and strained ...

Trade watch: India may see marginal gains on select farm goods, says GTRI; US exempts items from reciprocal tariffs

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India may see a slight edge in certain farm goods. The US has removed some items from its tariff list. This could benefit India’s spice ...

Gems trade slump: Exports fall 31% in October; bullion volatility, early US stocking hit demand

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India’s gems and jewellery exports experienced a significant 30.57% decline in October, reaching $2.17 billion. This drop, attributed to pre-tariff stocking by overseas buyers and ...

Pilot crunch: India needs 30,000 pilots as 1,700 aircraft await delivery; Union aviation minister flags urgent training push

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India’s aviation sector requires an estimated 30,000 new pilots to manage its expanding fleet of 1,700 aircraft. The Union Civil Aviation Minister highlighted the need ...