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Showing posts from August, 2025

‘Big year ahead’: Donald Trump touts $10 trillion investment for Americans; White House hails 'worker-first' agenda

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President Trump celebrated Labor Day weekend by highlighting nearly $10 trillion in new investments aimed at American workers, touting a "Golden Age of Prosperity." The administration pointed to corporate pledges from NVIDIA, Apple, IBM, and SoftBank as evidence of economic momentum. These announcements, combined with job creation and workforce programs, are positioned as part of Trump’s broader economic agenda. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YPED6lO >

China’s factory output contracts for fifth month: PMI at 49.4 in August; trade talks with US drag on

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China's industrial production saw a slight uptick in August, though still contracting for the fifth month, amidst ongoing trade talks with the U.S. The Purchasing Managers' Index edged up to 49.4, signaling a minor improvement despite broader economic challenges like property debt and youth unemployment. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/A4rYIas >

UP’s Rampur mentha oil industry reels under US tariff: Exporters warn of losses as orders on hold; job cuts loom

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India's mentha oil sector is facing a crisis as the US imposed a 50% import tariff just days ago, threatening exporters and agricultural workers. Order disruptions and cancellations are causing financial strain, potentially impacting over 1 million farmers. Moradabad's handicraft exports are also suffering, with potential job losses due to halted orders. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/NvwafLx >

India charts strategy to soften 50% US tariff on exports, govt working overtime with stakeholders: CEA Anantha Nageswaran

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CEA Anantha Nageswaran stated that the government is actively working with stakeholders to mitigate the impact of the US's 25% additional tariff on Indian exports. Strategies are being developed to provide financial relief and support affected sectors. He highlighted India's strong GDP growth, fiscal prudence, and efforts to diversify trade relationships through FTAs. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Rqylo0b >

Banking curbs: OVL's $350mn dividend stuck in Russia

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IndusInd investors block promoter bid for board seats

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Zydus Wellness acquires UK-based Comfort Click for GBP 239 mn; enters VMS market; strengthens global push

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Zydus Wellness Ltd's subsidiary, Alidac UK Ltd, is set to acquire Comfort Click for GBP 239 million, marking its entry into the VMS segment. Comfort Click, with significant revenue and growth in the UK and Europe, aligns with Zydus Wellness's strategy to expand its global presence and strengthen its capabilities in consumer-centric health solutions. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/umSZHKx >

In a strategic shift, government eyes exports beyond US

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Shapoorji steps down as chairman of Afcons

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Buy or sell: Stock recommendation by brokers for August 29, 2025

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Brokerages maintain positive outlooks on several stocks. Nuvama highlights Maruti Suzuki's EV production and capacity expansion. Motilal Oswal sees transformational growth for Adani Ports. Jefferies notes ICICI Bank's rising risk profile but stable credit costs. Investec anticipates improved returns for RBL Bank, while ICICI Securities emphasizes Allied Blenders & Distillers' premiumization strategy. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/g3u2UBd >

India may emerge as second-largest economy by 2038: EY report

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At Cabinet meet, PM asks ministers to encourage people to buy Swadeshi products

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Donald Trump’s 50% tariffs come into effect today: India prepares multi-pronged strategy to shield economy; details here

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India faces significant export challenges as the US imposes a 50% tariff on $48.2 billion worth of Indian goods, effective Wednesday. Labour-intensive sectors like textiles and seafood are expected to be severely impacted, prompting manufacturing suspensions. The government is exploring support measures, including an Export Promotion Mission and GST restructuring, while continuing trade negotiations with the US. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/USnWHvA >

Trump tariffs: Stories from the battlegrounds

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Tariff trauma spooks D-St as sensex slides 849 points

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Aviation deal: Korea Air seals record $50 billion deal; Boeing and GE secure mega orders

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Korean Air has announced a record-breaking $50 billion order for 103 Boeing aircraft and GE Aerospace engines, coinciding with South Korean President Lee Jae Myung’s visit to Washington. This purchase, the largest in the carrier’s history, includes 787s, 777s, and 737s, along with a GE engine and maintenance agreement. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/anY52B4 >

No slowdown in India expansion plan, says Apple

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Trade row: Trump says he could ‘destroy China’; hints at 200% tariffs on rare earths

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President Trump asserted the U.S. holds significant leverage over China, hinting at the potential to severely damage their economy if necessary, during a meeting with South Korean President Lee Jae Myung. He mentioned ongoing trade disputes and recent conversations with President Xi Jinping, considering a trip to Beijing. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/CPfNETJ >

NRI banking explained: How NRE and NRO accounts differ; and which one works better for you

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NRIs have specialized account options in India: NRE for foreign earnings and NRO for Indian income. NRE accounts offer tax-free interest and unlimited repatriation, ideal for parking overseas income. NRO accounts manage income earned in India, but interest is taxable, and repatriation is limited to $1 million annually, making the source of income a key factor in choosing. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/E2tFZSY >

Sebi steps up fight against cyber frauds, seeks support

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Central banks independence debate: ECB's Lagarde warns subverting Fed could trigger disruption; says bank's autonomy as ‘critically important’

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Christine Lagarde cautioned against undermining central bank independence, citing potential dysfunction and instability. Her remarks, delivered amidst President Trump's pressure on the Federal Reserve to cut interest rates, highlight international concern over political interference. Lagarde's experience at the IMF informs her warning about the dangers of compromising central bank autonomy. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6DWZtU1 >

End of $800 duty-free exemption: European postal services halt US shipments; PostEurop says all operators could halt by August 29

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Indian exporters get support under new EPM scheme: Government plans Rs25,000 crore package; launch two new programs to curb tariff impact

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Nayara Energy, India’s Russia-backed refinery, faces fresh US, EU sanctions trouble; EPC work hit - here’s what’s happening

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EU and US economic restrictions are impacting Nayara Energy's EPC operations, leading firms like Technip Energies and PT Timas Suplindo to withdraw from tenders. Despite no direct sanctions, Nayara faces challenges due to Rosneft's significant ownership. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/V0gdDi7 >

US-India trade: Tariffs to hit leather sector; Kolkata exporters pondering ‘Made in Europe’ question

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India's leather industry, a significant exporter to the US, faces a severe crisis due to newly imposed tariffs. The 25% duty on Indian leather imports, compounded by tariffs related to Russian oil purchases, threatens competitiveness. Exporters are exploring strategies like partial European production, while industry leaders urge government intervention to mitigate the impact and maintain market share. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/OaZdLc0 >

Private equity majors up stakes in private hospitals

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Festive retail sales get hit, buyers await GST, price cut

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SUV, sedan prices likely to see sharp cut, with lower 40% GST

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Kyndryl to invest $2.25 bn in India, set up AI lab in Bengaluru

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GST reforms to offer relief to middle class, farmers: Finance minister

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CCPA slaps Rs 10 lakh fine on Rapido for misleading ads

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Textile exports: Shipments up 5.37% in July despite global headwinds; cumulative April-July exports rise to $12.18 bn

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India's textile and apparel sector experienced growth in July 2025, with exports increasing by 5.37% to $3.10 billion. The industry's resilience amid global uncertainties has solidified its role as a key contributor to employment and economic growth. Cumulative textile exports for April-July 2025 reached $12.18 billion, a 3.87% rise. Ready-made garment exports also saw a boost, climbing 4.75% in July. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/AHcOriF >

Consumer authority slaps Rs 10 lakh fine on Rapido for misleading ads, unfair trade practices

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The Central Consumer Protection Authority (CCPA) has penalized Rapido with Rs 10 lakh for misleading advertisements promising 'Guaranteed Auto in 5 mins or get Rs 50'. The CCPA's order demands immediate discontinuation of the ads and compensation of Rs 50 to affected consumers. Complaints revealed consumers received only Rs 5 in Rapido coins redeemable for bike rides, not prominently disclosed. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/eKUPCHf >

Real-money gaming ban a death knell for us: Industry

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India's gaming industry faces a potential crisis as the government considers banning "online money games." Experts warn this could devastate the sector, jeopardizing 4 lakh companies, 2 lakh jobs, and significant investments and GST revenue. Gaming executives express concerns about winding down operations due to the lack of consultation and potential impact on domestic sports. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6KqFzYZ >

Gold price prediction today: Where is gold rate headed in the near-term & why are prices stuck in a range? Here’s the outlook

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Gold price prediction today: Gold prices are fluctuating within a range as strong US PPI data tempers expectations of aggressive Federal Reserve rate cuts. Indian gold demand saw a slight uptick due to price pullbacks ahead of the festive season. Investors are awaiting insights from Fed Chair Powell's speech at the Jackson Hole symposium for cues on future rate adjustments. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/JxqBzk9 >

D-Street cheers GST relief gains, bonds pull back

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Indian equity markets experienced a surge, fueled by proposed GST reforms, easing crude oil price concerns, and a sovereign rating upgrade. The Sensex and Nifty saw significant gains, with autos leading the rally. However, bond yields rose on fears of increased government borrowing due to potential revenue shortfalls from the GST overhaul. Globally, markets showed mixed performance. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/YLk8XKA >

IDFC First Bank to give choice of Rupay, Mastercard in Indigo co-branded card

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IndiGo and IDFC FIRST Bank have introduced a co-branded credit card on both Mastercard and RuPay networks, targeting frequent flyers. Cardholders can earn substantial IndiGo BluChips on flight bookings and everyday spending, with up to 22 BluChips per Rs 100 spent on IndiGo. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/HbLpZRU >

Stocks to buy this week: What's the outlook for Nifty? Check list of top stock recommendations

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Stock market recommendations: SBI Securities' Sudeep Shah suggests Uno Minda Ltd and HDFC Life as top stock picks for the week starting August 18, 2025. Nifty snapped a six-week losing streak, but faces resistance at 24750-24800. Bank Nifty traded narrowly, with key resistance at 55700–55800. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GckqCMK >

Trump-Putin meet, PM's GST pledge may lift markets this week

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Stock market today: Nifty50 crosses 24,900; BSE Sensex rallies over 900 points

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Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, soared in opening trade on Monday. While Nifty50 went above 24,900, BSE Sensex was up over 900 points. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/rBYxp73 >

Cooking oil to aviation fuel: IndianOil’s Panipat refinery bags global certification; 35,000 tonnes SAF production targeted by year-end

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IndianOil's Panipat refinery has achieved international certification to produce sustainable aviation fuel (SAF) from used cooking oil, according to Chairman Arvinder Singh Sahney. The refinery aims to produce 35,000 tonnes of SAF annually, meeting India's 1% SAF blending requirement by 2027. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/GMWZnIi >

Market outlook: How will D-Street react to Alaska meeting, GST announcement? Here is what experts say

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Markets are poised for a positive start, fueled by PM Modi's GST reform announcement and a constructive meeting between Presidents Trump and Putin. GST 2.0 promises rate cuts on everyday goods, potentially boosting consumption. While analysts offer mixed outlooks, the absence of negative news and potential tariff relief for India contribute to market optimism. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/WhvoGsZ >

India’s semiconductor ecosystem taking shape; chemical companies ramp up ultra-pure production: Report

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Indian chemical companies are making strides in creating a semiconductor manufacturing ecosystem, aligning with India's tech ambitions. These firms are producing ultra-high-purity chemicals vital for wafer fabrication, reducing reliance on imports from Japan and the US. Tata Chemicals is boosting its high-purity chemical production, while Deepak Nitrite manufactures essential etching and cleaning chemicals. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/oJxXM0E >

Fast Lane Ahead! PM to inaugurate two Delhi-NCR NH projects- 10 things to know

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Prime Minister Narendra Modi is set to inaugurate the Delhi section of the Dwarka Expressway and the Urban Extension Road-II, projects worth nearly Rs 11,000 crore. These initiatives aim to decongest Delhi, improve connectivity, and significantly reduce travel time between key locations like the Singhu border and IGI Airport, while also lowering pollution. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/tu9FJnk >

Vyome Holdings lists as Hind on Nasdaq

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'Maybe in 2 or 3 weeks': Tariff relief in sight? What Donald Trump said on Russian oil buyers after meeting Putin

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Following his meeting with Vladimir Putin in Alaska, US President Donald Trump mentioned potentially imposing tariffs on countries purchasing Russian oil in the coming weeks. While no agreements were signed during the three-hour closed-door meeting, both leaders expressed cautious optimism regarding US-Russia relations and the conflict in Ukraine. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/P85bEpH >

After 18 years, S&P upgrades India's sovereign rating to BBB

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US 30-year mortgage rate falls to 6.58%, lowest since October, homebuyers get relief

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US 30-year mortgage rates have dipped to 6.58%, a 10-month low, boosting homebuyer purchasing power amid a slow housing market. This decline, influenced by economic data and market expectations, has spurred a jump in mortgage applications, particularly for refinancing and adjustable-rate mortgages. Economists anticipate rates will remain above 6% for the year. from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/1FABgVf >

Hard-hit export sectors need govt support: Icrier

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Insolvency resolution timeline shrinks by 2 months since March

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