Business

Diamond trade feels tariff pinch: Indian exports might face 20–25% slump; margin hit may spread to miners, retailers, says Crisil analysis

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Indian natural polished diamond exports face challenges as the US market, a major consumer, slows down and imposes tariffs. A 10% tariff in April 2025 ...

Hiring growth in India: Global IT firms like Google, Meta ramp up recruitment while TCS, Infosys and more domestic majors slow down; AI, cloud drive shift

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Global tech companies like Meta and Google are increasing hiring in India. This happens even as Indian IT firms slow down recruitment. FAAMNG companies added ...

Trump’s 25% tariff, penalties raise alarm: Indian exporters fear order cancellations; urgent support sought from government

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Indian businesses are worried about potential order cancellations from American clients due to the new 25% duty on Indian goods, exceeding rates for competitor nations. ...

Rs 1.35 lakh crore wipeout: Seven of top 10 firms lose in market value; TCS sees biggest decline

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Last week witnessed a significant downturn for most of the top 10 highest-valued firms, with a collective market value reduction of Rs 1.35 lakh crore, ...

India faces $9–11 billion oil bill spike: Forced pivot from Russian crude after Trump’s ‘penalty’ could hit margins- What analysts say

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Amidst potential US penalties and EU sanctions, India faces a complex challenge in its Russian oil trade. A shift away from discounted Russian crude could ...

India’s US crude oil imports surge over 50% in first half of 2025; LNG, LPG trade also expands: Report

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India significantly increased crude oil imports from the US in early 2025, with a surge in the April-June quarter. This growth extends to LNG and ...

For uninsured vehicles, road minister moots steep hike in penalties

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Buckle Up, Uninsured Drivers: Big Changes May Be Coming to Indian Roads Driving in India is an adventure. We navigate bustling streets, dodge rogue scooters, ...

Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes under new trade rules

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Donald Trump’s new tariff policy is creating economic problems worldwide. Countries face high import taxes unless they agree to new trade deals with the US. ...

Trump’s tariff reset: From Canada to Laos, even dealmakers face higher costs as legal fight brews; US allies & rivals hit with steep import taxes under new trade rules

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Donald Trump’s new tariff policy is creating economic problems worldwide. Countries face high import taxes unless they agree to new trade deals with the US. ...

Trump tariff drag on Warren Buffett’s business: Berkshire Hathaway profit halves after $3.76bn Kraft Heinz writedown; Q2 net slips to $12.37bn from $30.25bn YoY

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Berkshire Hathaway’s second-quarter profit plummeted 59% to $12.37 billion, impacted by a $3.76 billion writedown on its Kraft Heinz investment. Despite this setback, operating profit ...