BUSINESS

During Trump’s first term when he imposed much more limited tariffs on China, many companies reported they lacked pricing power to pass on costs to consumers. | Photo Credit: KYLE GRILLOT When US President Donald Trump slapped bigger-than-expected tariffs on...

One of the key areas where India stands to gain is in exports to the US. | Photo Credit: RUPAK DE CHOWDHURI According to a report by the State Bank of India (SBI), India should strengthen its Production-Linked Incentive (PLI)...

The cuts come as the future of FEMA itself is in question | Photo Credit: JONATHAN DRAKE As the Trump administration weighs the future of the federal agency tasked with responding to disasters, it is ending a key programme that...

Hedge funds and leveraged ETFs dumped over $40 billion in stocks after President Trump’s unexpected tariff escalation, triggering one of the biggest bearish turns since 2011.  Global hedge funds and levered exchange-traded funds (ETFs) dumped more than $40 billion of...

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Shalini Warrier resigns as Federal Bank ED Federal Bank Executive Director Shalini Warrier has tendered resignation from her post to pursue potential “entrepreneurship journey” going ahead, according to an exchange notice.  The Board in consultation with Shalini Warrier, Executive Director,...

Jerome Powell, chairman of the US Federal Reserve, during the Society For Advancing Business Editing And Writing (SABEW) annual conference in Arlington, Virginia, US, on Friday, April 4, 2025. President Donald Trump called on Powell to slash interest rates, reiterating...

The Indian IT sector is anticipated to report a weak exit for FY25 and provide unexciting guidance for FY26 amid rising global uncertainty. Analysts shared the macroeconomic slowdown has become a baseline scenario, with lower discretionary spending and elongated deal...

File picture: Traders work on the floor at the New York Stock Exchange in New York City on Thursday. | Photo Credit: Brendan McDermid The US markets opened with deep fissures on Friday, as the tremors set off by sweeping...