Business

Washington: President Donald Trump announced Monday that 25% tariffs on imports from Mexico and Canada would take effect Tuesday, reigniting fears of a North American trade war amid rising inflation and slowing economic growth. “Tomorrow — tariffs 25% on Canada and 25% on Mexico. And...

Mumbai: The stock of Reliance Group companies saw a significant decline Monday, eroding more than Rs 40,000 crore from their market capitalisation. The total market-cap of these companies dropped by Rs 40,511.91 crore, bringing it down to Rs 17.46 lakh crore. The sharp losses were...

Beijing: US President Donald Trump's tariff threats, along with firm policies to contain China and the economic slowdown, are expected to dominate the annual session of the Chinese parliament beginning here on Tuesday. Over 5,000 delegates from the National People's Congress (NPC) and the advisory...

Mumbai: Benchmark BSE Sensex declined by 112 points while Nifty fell for the ninth straight session Monday following selling in blue-chips HDFC Bank and Reliance Industries. In a see-saw trade, the 30-share BSE benchmark declined by 112.16 points or 0.15 per cent to close at...

New Delhi: Foreign direct investment in India dipped by 5.6 per cent year-on-year to USD 10.9 billion in October-December quarter of this fiscal due to global economic uncertainties, according to the government data. FDI inflows during October-December 2023-24 stood at USD 11.55 billion. According to...

Mumbai: The Bombay High Court Monday asked the ACB not to act until March 4 on an order directing it to lodge an FIR against former Sebi chairperson Madhabi Puri Buch and five other officials for alleged stock market fraud and regulatory violations. Buch, Bombay...

New Delhi: Ola Electric Mobility is reportedly laying off more than 1,000 employees and contract workers in its second round of job cuts within months. The decision came as the company, backed by SoftBank Group Corporation, is working to reduce its growing losses. The latest...

New Delhi: Equity markets will take cues from the US tariff related developments, global trends and trading activity of foreign investors this week, analysts said. Markets may face volatile trends going ahead as investor sentiment continue to remain weak due to escalating trade tariff concerns...

Keonjhar: Odisha Chief Minister Mohan Charan Majhi Sunday said a mega steel plant with an investment of around Rs 40,000 crore will be jointly set up by JSW and POSCO in Keonjhar district's Patna area. Addressing a public gathering at Champua, Majhi said, "I had...

New Delhi: The combined market valuation of eight of the top-10 most valued firms eroded by Rs 3,09,244.57 crore in a holiday-shortened last week, with Tata Consultancy Services taking the biggest hit, in line with bearish trend in equities. Last week, the BSE benchmark gauge...