Business

New Delhi: The Centre has operationalised a dedicated ‘Global Tariff and Trade Helpdesk’ to assist the country’s exporters and importers in navigating emerging trade issues due to the hike in tariffs announced by the US. The Department of Commerce and DGFT are actively tracking developments...

London: Official figures Friday showed that the British economy, the world's sixth-largest, enjoyed a growth spurt in February, the month before US President Donald Trump started to roll out tariffs on imported goods. The Office for National Statistics found that the British economy grew by...

Mumbai: Benchmark Sensex surged by 1,310 points while Nifty closed above 22,900 level Friday after the US announced suspension of additional tariffs on India for 90 days until July 9 this year. Defying a bearish trend in world markets, the 30-share BSE benchmark Sensex jumped...

Beijing: China Friday raised its additional tariffs on imports from the US to 125 per cent in retaliation to the Trump administration's 145 per cent levies on Chinese exports. The Chinese Commerce Ministry here said China raised additional tariffs to 125 per cent on imported...

Mumbai: Indian equity market opened in the green Friday after US President Donald Trump announced to pause reciprocal tariffs till July 9. At around 9:22 am, Sensex was up 1,170 points or 1.58 per cent, at 75,017 and Nifty was up 373 points or 1.67...

Mumbai: IT services major Tata Consultancy Services (TCS) said it plans to hire 42,000 freshers in fiscal year 2025–26, maintaining a steady hiring pace from the previous year. However, the company remains undecided on wage hikes and salary increments amid ongoing demand-side uncertainties. TCS ended...

New Delhi: Bank of India and UCO Bank have announced 25 basis points reduction lending rate within hours of RBI's decision to slash its policy rate Wednesday, a move which will help existing and new borrowers. Other banks are also expected to make similar announcements...

Mumbai: Benchmark equity indices Sensex and Nifty closed lower Wednesday in line with losses in global markets amid escalating trade tensions, even as the Reserve Bank cut policy rates for a second consecutive time as it sought to bolster the economy in the face of...

Beijing: China's State Council Information Office Wednesday released a white paper titled “China's Position on Some Issues Concerning China-U.S. Economic and Trade Relations.” The Chinese government issued the document to clarify the facts about China-US economic and trade relations, and elaborate the position of the...