New Delhi: Top companies, including American giants, have cautioned USTR that its move to impose additional tariff of up to 12.5% on 60 countries, including India, will push up costs for consumers and businesses, with several of them seeking exemptions for specific products.“The practical effect would be to make it more expensive to build in…
A sign for the Seattle office of Getty Images Inc., is shown Monday Getty Images, an American visual media company, has abandoned its planned merger with Shutterstock, ending the proposed $3.7 billion deal after deciding not to accept a UK competition regulator’s requirement to sell Shutterstock’s editorial business.The two companies unveiled the all-stock merger in…
India continued to consolidate its position as an attractive investment destination in 2025. (AI image) Foreign Direct Investment (FDI) into India rose 44% to $39 billion in 2025, reinforcing the country’s status as a key global investment destination, according to the United Nations.The 2026 World Investment Report, released by the United Nations Trade and Development…
Waal Street shows mixed results, AI stocks slide US stocks traded mixed on Tuesday, with losses in artificial intelligence (AI) and semiconductor stocks weighing on the broader technology sector despite gains in most other shares.The Nasdaq Composite fell 0.8 per cent in early trading, dragged down by declines in major chipmakers, while the S&P 500…
Electricity generation from hydroelectric projects declined nearly 21%. (AI image) El Nino and the resultant weak monsoon has had an impact on India’s hydropower output, which has dropped by more than 20% in June. The dry weather, which is associated with El Nino, has meant that the water levels in reservoirs have gone down. This…
India has urged the United States to reconsider its proposed 12.5% tariff on Indian imports under the USTR’s Section 301 forced labour investigation. India has urged the United States to withdraw its proposal to impose an additional 12.5% tariff on Indian imports under a Section 301 investigation into forced labour-related trade practices, saying the move…
India has launched the National Critical Mineral Mission (NCMM) in January 2025 for a seven-year period from 2024-25 to 2030-31. India has been focusing on securing its critical minerals and rare earth supply chain, especially in times of increased geopolitical uncertainties. During PM Narendra Modi’s visit to Indonesia it was announced that India will invest…
It seems to be a decade of stress tests for the Indian economy – Covid pandemic, Russia-Ukraine war, US trade policy uncertainty, and now the Middle East conflict. (AI image) The Indian economy has emerged as a picture of resilience amid the US-Iran conflict, with most economic indicators flashing green as the war shows signs…
Chinese authorities are reportedly discussing restrictions on overseas access to the country’s most advanced AI models amid growing national security concerns. Chinese authorities have held discussions with some of the country’s biggest technology companies over the past month on restricting overseas access to China’s most advanced artificial intelligence (AI) models, including those that have not…
India has a game plan to become a semiconductor powerhouse, but the real test begins now.According to a recent report by Equirus Securities, the biggest hurdle is not strategy, but execution, with heavy reliance on imported equipment and gaps in the domestic supply chain posing key challenges. The report said India’s semiconductor roadmap draws on…