Business

New Delhi: The RBI has already embarked on a rate-cutting cycle, and a report by HSBC Global Research said Wednesday that it expects a 25bp rate cut in each of the June and August policy meetings, taking the repo rate down to 5.5 per cent...

New Delhi: Chinese smartphone brand realme has partnered with Optiemus Electronics to manufacture its next-generation AIoT (Artificial Intelligence of Things) products in India. The latest announcement- which comes amid a global tariff reset and New Delhi's own push to expand hi-tech production- marks a significant...

Beijing: China appointed a new top international trade negotiator Wednesday amid tariff tensions with the US. The government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the...

New Delhi: The US remained India's largest trading partner for the fourth consecutive year in 2024-25 with bilateral trade valued at USD 131.84 billion, while the country's trade deficit with China widened to USD 99.2 billion during the same period, government data showed. In the...

New Delhi: India and US are working to sign the first tranche of a Bilateral Trade Agreement (BTA) to bring down tariffs before the agreed timeline of the Fall of 2025 as the terms of reference for the pact have already been finalised. "India and...

New Delhi: The Indian Institute of Technology-Delhi (IIT-Delhi) Tuesday announced that it has partnered with Micron Technology, Inc. to promote advanced research in electronic materials and artificial intelligence (AI)-driven modelling. This collaboration, formed through IIT Delhi's Corporate Relations office, aims to strengthen the link between...

New Delhi: Retail inflation dipped marginally to a nearly six-year low of 3.34 per cent in March due to a decline in prices of vegetables and protein-rich items. The Consumer Price Index (CPI) based inflation was 3.61 per cent in February and 4.85 per cent...

Mumbai: Benchmark equity indices Sensex and Nifty surged over 2 per cent Tuesday, tracking a rally in global markets after US President Donald Trump relaxed some of the tariffs on electronics products and hinted at duty revision for automobiles. Rallying for the second straight session,...

New Delhi: India's exports grew marginally by 0.7 per cent to USD 41.97 billion in March, while the trade deficit stood at USD 21.54 billion in the month, the latest government data showed Tuesday. Imports increased by 11.3 per cent year-on-year to USD 63.51 billion...

New Delhi: Major Asia Pacific economies like India, China, and Japan, will see growth fall by 0.2-0.4 percentage points (ppts) over the next two years if the US implements the reciprocal tariffs announced on April 2, S&P Global Ratings said on Tuesday. It said that...