US President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further uncertainty as the US continues to negotiate levies with trading partners. “Any Country aligning themselves with the Anti-American policies of BRICS, will be charged an ADDITIONAL 10% Tariff,” Trump said … Read more
Marking a high-profile legislative win early in his second term, US President Donald Trump on Thursday signed what he called the “One, Big, Beautiful Bill” into law during a celebratory Fourth of July ceremony at the White House.The landmark measure, described by Trump as delivering on several key campaign promises, includes broad tax cuts, significant … Read more
India and the United States are engaged in detailed negotiations to finalise a trade agreement before July 9. (AI image) India-US trade deal: India and the United States are engaged in detailed negotiations to finalise a trade agreement before July 9, when US President Donald Trump’s tariff deadline kicks in. The two countries are seeking … Read more
A growing wave of protectionism is challenging decades of liberal trade order, dramatically highlighted by the Trump’s tariffs, but economic nationalism does not spell the death of globalisation rather it heralds its rebirth, presenting an opportunity for India to emerge as a vital player, according to M&M Ltd Chairman Anand Mahindra. In his address to … Read more
With just 10 days to go until US President Donald Trump’s country-specific tariffs are set to resume, the White House appears poised to fall short of the sweeping global trade reforms it promised to achieve during the three months they were on hold. Agreements with as many as a dozen of the US’s largest trading … Read more
China’s overseas shipments of rare earth magnets halved in May from April, tumbling to their lowest levels in more than five years due to export curbs. Beijing said this month that it would speed up its approval process, a concession made after the U.S. and China agreed to dial back trade tensions. In the meantime, … Read more
Completing the trinity of healthcare service offerings, Amazon India on Sunday (June 22, 2025) stated that it is foraying into the diagnostics space with the launch of a new at-home diagnostics service that enables customers to book lab tests, schedule and track appointments, and access digital reports from the Amazon app. Three years back, Amazon … Read more
The decision of the Reserve Bank of India (RBI) to slash the policy rate will boost growth amidst easing price pressures and infuse liquidity along with supporting credit flow, said a report by Bank of Baroda. The BoB report added that the RBI’s surprise 50 basis-point rate cut, along with a phased 100 basis-point reduction … Read more
The battle for supremacy in AI and big data computing just got more competitive after an Israeli chip startup Speedata raised $44 million in a Series B funding round, bringing its total capital to $114 million as it gears up to unveil a next-generation processor that could shake up the industry and challenge Nvidia’s long-standing … Read more