Business

‘Let’s call it seed money’: Donald Trump says Japan to invest $550 billion in US to lower tariffs — but deal still unclear

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Donald Trump claims Japan will invest $550 billion in the US under a new trade framework, though details remain under negotiation. Trump suggests the US ...

Kotak Bank net profit dips 40% year-on-year to Rs 4,472cr in Q1

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Kotak Mahindra Bank Navigates a Shifting Landscape: Q1 Results Overview The financial world never stands still, and this week’s earnings report from Kotak Mahindra Bank ...

Kotak Mahindra Bank Q1 results: Profit slips 7% YoY

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Kotak Mahindra Bank’s consolidated net profit witnessed a significant drop in the June quarter, reaching Rs 4,472 crore due to the absence of a one-time ...

FTA momentum: Piyush Goyal confirms Oman deal ‘almost finalised’

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Union Minister Piyush Goyal confirmed that India’s FTA with Oman is nearing finalization, while negotiations with the EU, US, Peru, and Chile are advancing rapidly. ...

Capex push: Nirmala Sitharaman calls it ‘primary driver of sustained growth’

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Finance Minister Nirmala Sitharaman emphasized that sustaining economic growth amidst global uncertainties is India’s top priority, with increased public capital expenditure as a key driver. ...

Indian firm defends explosive shipment to Russia; says material for civilian use only

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An Indian firm, Ideal Detonators, confirmed exporting $1.4 million worth of HMX to Russia, asserting it was for civilian use and compliant with Indian regulations. ...

Rare earth supply risk: Indian firms flag Chinese curbs; can Beijing afford ban?

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Indian electronics manufacturers are facing challenges in meeting production targets under the ECMS due to rare earth mineral shortages caused by Chinese export restrictions. Companies ...

Piyush Goyal warns of blowback over carbon tax; says EU may hurt itself more

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Union Minister Piyush Goyal stated that the EU’s Carbon Border Adjustment Mechanism (CBAM) might negatively impact European industries more than India. He highlighted growing opposition ...

India-US deal: Piyush Goyal shares important update; says negotiations ‘making fast progress’

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Commerce minister Piyush Goyal announced that trade agreement talks with the US are progressing rapidly, with the next negotiation round scheduled for August in India. ...

India-UK FTA: Trade deal offers tariff safeguards; domestic industry gets protection buffer

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India’s new trade deal with the UK includes safeguard measures, allowing tariff hikes on British imports if domestic industries face harm. Valid initially for two ...