US President Donald Trump (File photo) US President Donald Trump on Saturday increased the global tariff he had announced a day earlier from 10% to 15%, in a strong reaction to the US Supreme Court’s landmark ruling that dealt a stinging blow to his second tenure as president.In a post on Truth Social, the MAGA…
India and Brazil on Saturday agreed to scale up bilateral trade to $30 billion annually by 2030 and signed a key cooperation pact on critical minerals, with Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva pledging to deepen strategic ties amid a shifting global economic landscape.The two leaders also discussed the…
India is pushing to expand its preferential trade agreement with the Mercosur bloc as part of efforts to scale up trade and investment ties with Latin America, commerce and industry minister Piyush Goyal said on Saturday, signalling a broader reset in economic engagement with the region, PTI reported. Speaking at Ficci’s India-Brazil Business Forum, Goyal…
The reduction of US reciprocal tariffs on Indian goods from 25 per cent to 10 per cent is expected to significantly improve the competitiveness of labour-intensive sectors such as pharmaceuticals, electronics, engineering goods, textiles, and gems and jewellery in the American market, industry representatives said.The development follows a US Supreme Court ruling that struck down…
Asha Sharma (Photo credit- Microsoft) TOI Correspondent from Washington: In a sweeping reset during Xbox’s 25th anniversary year, Satya Nadella-led Microsoft has named Asha Sharma as CEO of Microsoft Gaming, pitching another Indian-American into a leadership position at a time of intense xenophobia in MAGA circles. Wisconsin-born Sharma, 43, succeeds Phil Spencer, the widely admired…
PM Modi and US President Donald Trump (File photo) NEW DELHI: The Congress on Saturday once again targeted Prime Minister Narendra Modi over the recently finalised interim trade agreement, earlier this month, between India and the United States, which took nearly a year to reach mutual consensus. The largest opposition party’s attack on PM Modi…
Before you make the decision on which asset class to invest in, experts believe it’s prudent to look at historical data. (AI image) Gold and silver have delivered eye-popping returns over the last one year. In contrast, Sensex and Nifty have delivered a muted performance. Gold and silver have already delivered an exceptional run over…
New Delhi: The government on Friday launched seven measures under the export promotion mission (EPM), a Rs 25,060-crore initiative aimed at boosting exports by easing finance, compliance and logistics hurdles faced by MSMEs.Of the 11 proposed interventions under the scheme, 10 are now operational. Three measures were already implemented in Jan this year, namely, market…
Mumbai: Minutes of the Feb 4-6 meeting of Reserve Bank of India‘s Monetary Policy Committee (MPC) indicate the panel kept policy repo rate unchanged because growth is strengthening and inflation is benign, signalling a pause in easing with scope for future cuts if data permits.Comments of the rate-setting panel show broad agreement that the current…
Prime Minister Narendra Modi with Brazilian President Luiz Inacio Lula da Silva during a joint press meet Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva on Saturday set a target to raise bilateral trade to $20 billion within five years and signed key agreements in areas including rare earth minerals, digital…
