Business

As President Donald Trump prepares to implement a sweeping set of new import tariffs starting August 1, a new analysis suggests these policies could significantly strain US manufacturers by raising their costs between 2% and 4.5%. The research, conducted by the Washington Center for Equitable Growth, warns that such increases may crimp already-thin profit margins,…

Talks are stalemated over the issue of farm tariffs and India’s reluctance to allow genetically modified soybean and maize, among other things. (AI image) New Delhi: With barely two days to go for Trump’s tariffs to return, Indian and American officials are engaged in seeking to arrive at common ground on customs duties.Although the prospects…

Taiwanese manufacturer Wistron, which sold its Karnataka iPhone facility to Tata Electronics in 2023, is now planning an electronics production unit in Telangana with a proposed investment of Rs 1,000 crore, according to informed Economic Times sources.The company is currently looking for suitable land in Hyderabad to establish a facility dedicated to manufacturing servers, routers…

India-US trade deal: Since India did not receive any tariff letter from Trump, it is yet unclear whether the 26% tariff rate announced for India on April 2 will kick in from August 1 or not. (AI image) India-US trade deal: In an indication that a trade deal between India and the US was less…

The minimum amount for application is ₹100 and in multiples of 100 during the NFO, making it easy and accessible for investors. (AI image) Bangalore: Zerodha Fund House has launched its Zerodha Multi Asset Passive FoF, an open ended fund of fund scheme that will invest in units of equity funds, debt schemes, index funds…

The Ministry of Information Technology is monitoring developments following TCS‘s announcement to reduce its workforce by over 12,000 staff, according to PTI sources. Officials, cited by the news agency, claimed the IT Ministry is closely following the situation and maintaining communication with the technology company. The ministry seeks to understand the root causes behind this…

Sona BLW Precision Forgings (Sona Comstar) has issued a cease-and-desist notice to Rani Kapur, mother of former chairman Sunjay Kapur, demanding she stop disseminating unlawful and defamatory information, according to informed sources, quoted by Economic Times.The notice demands Rani withdraw her July 24 letter to the board, shareholders and stakeholders within 24 hours. The company…

Market experts anticipate continued pressure due to varied Q1 results, ongoing FII outflows and stalled progress in India-US trade negotiations. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened flat in trade on Tuesday. While Nifty50 was near 24,700, BSE Sensex was hovering near 80,900. At 9:19 AM, Nifty50…

Top stocks to sell today (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Tata Tech, and NCC Ltd are the top stocks to sell today:Tata Tech – Sell in the range between Rs 702 & Rs 698; Stoploss: Rs 723; Target: Rs 640Tata Tech…

MUMBAI: IndusInd Bank returned to profit in Q1FY25, although net profit fell sharply by 72.2% to Rs 604.1 crore from Rs 2,170.7 crore a year earlier. The decline was driven by higher provisions and a contraction in core lending profitability, even as other income more than tripled. The bank had reported a loss of Rs…