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Bloomberg

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India eyes multi-phase trade deal with US, interim pact likely before July

The talks are still ongoing and there's no clarity if the Trump administration has agreed to a three-stage process for a trade deal

India eyes multi-phase trade deal with US, interim pact likely before July
Updated On : 21 May 2025 | 11:31 PM IST

Pakistan's govt trims its growth projection amid trade headwinds

Gross domestic product is estimated to expand 2.68 per cent in the fiscal year through June, Pakistan Bureau of Statistics said Tuesday

Pakistan's govt trims its growth projection amid trade headwinds
Updated On : 20 May 2025 | 11:15 PM IST

India to invest $10 billion in homegrown oil tanker fleet by 2040

The purchase order for 10 tankers should come out as early as this month, the people said. Only ships built locally - even if there's foreign collaboration - will be considered for purchase

India to invest $10 billion in homegrown oil tanker fleet by 2040
Updated On : 20 May 2025 | 11:14 PM IST

Chinese smartphone exports to US decline to lowest level since 2011

Investors fear a global trade war that would erode some of the US-China bilateral trade that reached $690 billion in 2024, decimating industries and raising prices for consumers

Chinese smartphone exports to US decline to lowest level since 2011
Updated On : 20 May 2025 | 10:33 PM IST

Donald Trump hands Putin win with retreat from Ukraine peace talks

One European official, who asked not to be identified discussing private conversations, said leaders fear that Trump is disengaging from the diplomatic effort

Donald Trump hands Putin win with retreat from Ukraine peace talks
Updated On : 20 May 2025 | 10:30 PM IST

First blood test for Alzheimer's in US from June, starting at 50 hospitals

The test was cleared for use in people at least 55 years old and who exhibit signs of the disease. It is designed to detect amyloid, a protein that can build up in the brain

First blood test for Alzheimer's in US from June, starting at 50 hospitals
Updated On : 20 May 2025 | 3:50 PM IST

India's dirty furnaces threaten global steel sector's net zero target

While China still dominates in terms of operating capacity, India is the most polluting steelmaker and has the largest pipeline, with more than 350 mn tonnes per year at various stages of development

India's dirty furnaces threaten global steel sector's net zero target
Updated On : 20 May 2025 | 8:03 AM IST

What role will central banks play when tokenised finance goes mainstream?

With apps like Robinhood easing investing, Millennials and Gen Z reject private banks offering unlisted unicorns to their wealthy parents but not to actual users of these startups' services

What role will central banks play when tokenised finance goes mainstream?
Updated On : 20 May 2025 | 7:55 AM IST

Bangladesh's politics of belligerence returns with Awami League ban

The Awami League may be deeply unpopular at the moment, but it nevertheless can claim to represent the beliefs of a large part of the country

Bangladesh's politics of belligerence returns with Awami League ban
Updated On : 20 May 2025 | 7:42 AM IST

Xiaomi to spend $7 billion on developing its own chip over a decade

Xiaomi has spent more than 13.5 billion yuan over the past four plus years and plans to invest 6 billion yuan in research and development this year

Xiaomi to spend $7 billion on developing its own chip over a decade
Updated On : 19 May 2025 | 1:56 PM IST

What does the British royal family and King Charles III cost the UK?

Assessing the true cost of the monarch's finances is a murky business, both opaque and highly secretive, with a myriad of rules and customs serving to stifle public debate.

What does the British royal family and King Charles III cost the UK?
Updated On : 19 May 2025 | 1:28 PM IST

Nvidia CEO Huang unveils new tech to keep global AI expansion going

Chief Executive Officer Jensen Huang on Monday kicked off Computex in Taiwan, Asia's biggest electronics forum, touting new products and cementing ties with a region vital to the tech supply chain

Nvidia CEO Huang unveils new tech to keep global AI expansion going
Updated On : 19 May 2025 | 1:04 PM IST

China's fossil fuel output dips from March highs but rises year-on-year

Gas output rose 8.1 per cent year-on-year to 21.5 billion cubic meters, while crude oil increased 1.5 per cent to 17.7 million tonnes, the statistics bureau said

China's fossil fuel output dips from March highs but rises year-on-year
Updated On : 19 May 2025 | 12:57 PM IST

China provided Pakistan with satellite support, says Indian defence group

China helped Pakistan reorganise its radar and air defense systems to more effectively detect India's deployments of troops and weaponry, said the director general of group

China provided Pakistan with satellite support, says Indian defence group
Updated On : 19 May 2025 | 12:54 PM IST

Home prices in China fall at a faster pace during tariff war with US

The trade war risks worsening the housing slump that has dragged on economic growth and has only recently been showing signs of abating.

Home prices in China fall at a faster pace during tariff war with US
Updated On : 19 May 2025 | 9:57 AM IST

US-China trade deal shows Global South power lies in leverage, not values

Unlike the Biden administration, which emphasized democratic credentials, Trump has signaled that alignment with the US depends more on what partners can bring to the table

US-China trade deal shows Global South power lies in leverage, not values
Updated On : 19 May 2025 | 9:16 AM IST

Putin heads into Trump call confident Russia has upper hand against Ukraine

Putin is confident that his forces can break through Ukraine's defenses by the end of the year to take full control of four regions that he has claimed for Russia

Putin heads into Trump call confident Russia has upper hand against Ukraine
Updated On : 19 May 2025 | 9:11 AM IST

Chinese luxury carmaker Seres overtakes BMW in high-end EV market shake-up

Formerly called DFSK Motor, Seres partnered with telecommunications giant Huawei Technologies Co. back in 2021 to launch the Aito brand of premium electric and hybrid sport utility vehicles

Chinese luxury carmaker Seres overtakes BMW in high-end EV market shake-up
Updated On : 19 May 2025 | 8:53 AM IST

Midpoint of Trump's tariff hiatus to reveal increasingly unsettled world

Chinese consumer and industry data on Monday will be followed by purchasing manager indexes on Thursday from around the world

Midpoint of Trump's tariff hiatus to reveal increasingly unsettled world
Updated On : 19 May 2025 | 8:43 AM IST

Beyond Nvidia, four things to know at Asia's biggest electronics show

This year's exhibition will of course feature the hardware required to bring artificial intelligence to life

Beyond Nvidia, four things to know at Asia's biggest electronics show
Updated On : 18 May 2025 | 8:19 AM IST