Bloomberg

Bloomberg

Trump to impose up to 100% tariffs on imported drugs with some exemptions

Duties for products made by certain larger companies will take effect in 120 days, while items from smaller manufacturers won't be hit for another 180 days, according to a White House statement

Updated On: 03 Apr 2026 | 6:43 AM IST

Nasa astronauts on track to moon after Orion engine burn for lunar flyby

Known as the translunar injection burn, this step had little room for error in order to put Orion on the correct trajectory for the 10-day mission to lap the moon

Updated On: 03 Apr 2026 | 6:35 AM IST

Hegseth asks US Army Chief Gen Randy George to step down: Pentagon

The move comes as the US and Israel continue a war against Iran, a mission that has recently seen the US send thousands of troops into the region for a possible ground operation

Updated On: 03 Apr 2026 | 6:26 AM IST

Trump warns Iran to strike a deal 'before it is too late' as war deepens

Earlier Thursday, Iran's semi-official Fars news agency reported that airstrikes had hit numerous targets, including a bridge connecting Tehran to the city of Karaj

Updated On: 02 Apr 2026 | 11:38 PM IST

Microsoft aims to develop large cutting-edge AI models by next year

Microsoft is assembling the com- puting horsepower to build more broadly capable models, Suleyman said

Updated On: 02 Apr 2026 | 11:33 PM IST

US trade deficit widens to $57.3 billion in February, below forecast

The median estimate in a Bloomberg survey of economists called for an almost $61 billion deficit

Updated On: 02 Apr 2026 | 11:31 PM IST

China drains cash from economy in rare move during oil price shock

Taken together, commercial banks likely recorded their first net repayment of PBOC loans since last May, according to Bloomberg calculations based on official data

Updated On: 02 Apr 2026 | 7:49 PM IST

Centre, RBI aligned on curbing currency speculation amid rupee fall

State-run banks should refrain from speculative positions in offshore markets when the rupee is under pressure, a person familiar with the matter said

Updated On: 02 Apr 2026 | 5:06 PM IST

RBI trading ban jolts India's $149 billion-a-day offshore rupee market

RBI has rolled out some of its toughest measures in more than a decade to curb speculation and support the currency, which has been setting successive record lows this year

Updated On: 02 Apr 2026 | 9:20 AM IST

CFTC settles FTX case; ex-engineering chief Nishad Singh to pay $3.7 mn

Nishad Singh was one of the top executives who testified against Sam Bankman-Fried, the co-founder of the once high-flying crypto exchange that imploded in 2022

Updated On: 02 Apr 2026 | 8:47 AM IST

China must ease digital barriers to attract more foreign tourists

Last month, nine government bodies led by the Commerce Ministry introduced new policies to woo overseas visitors

Updated On: 02 Apr 2026 | 8:44 AM IST

Trump admin set to roll out tiered tariffs on steel, aluminium imports

US plans 50% tariffs on many derivative goods, based on import value while others will face 25% duties, with some products taxed at even lower rates

Updated On: 02 Apr 2026 | 8:37 AM IST

Venezuelan crude exports surge to 6-year high as India fills China gap

Indian refiners, including Reliance Industries Ltd, Hindustan Petroleum Corp and Indian Oil Corp have purchased a combined 343,000 barrels a day for loading in March

Updated On: 02 Apr 2026 | 8:29 AM IST

Democratic leaders sue to challenge Trump's mail-in ballot limits

Top Democrats order issued Tuesday by the president "dramatically restricts the ability of Americans to vote by mail, impinging on traditional state authority

Updated On: 02 Apr 2026 | 8:21 AM IST

Elon Musk, US SEC head toward trial over Twitter investor fraud case

US Securities and Exchange Commission sued Elon Musk, alleging he delayed disclosing a 5% stake in Twitter, costing shareholders over $150 million

Updated On: 02 Apr 2026 | 6:55 AM IST

Nasa's moon-bound astronauts reach stable orbit, begin Artemis II mission

Named after Apollo's twin, Artemis aims for a sustained human presence on the Moon; Nasa plans a $30-billion, decade-long effort to build a lunar base for astronauts to live and work

Updated On: 02 Apr 2026 | 6:47 AM IST

Claude Code leak: Anthropic cites human error, works to limit damage

Thousands of copies of the code were removed from GitHub in response to copyright takedown requests from Anthropic, according to a notice on the popular developer platform

Updated On: 01 Apr 2026 | 11:23 PM IST

India sees surge in IPO filings in March despite weak investor sentiment

The pace of filings defied the lackluster post-listing performance of recent stock debuts

Updated On: 01 Apr 2026 | 3:35 PM IST

Coal India's output falls by 1.5%, ample stockpiles ready to meet demand

Output dropped from a year earlier to 84.5 million tons, while sales grew 0.7%, the company said

Updated On: 01 Apr 2026 | 2:44 PM IST

Rupee set for more chaos as banks unwind $30 billion in arbitrage trades

RBI's clampdown on rupee trades sparks market panic, volatility spikes, and banks scramble to unwind billions in arbitrage positions

Updated On: 01 Apr 2026 | 11:32 AM IST