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Budget 2024: Govt scraps import taxes on critical minerals to aid RE sector

Duties on metals including copper, lithium and cobalt will be lifted to aid the domestic development of sectors like renewable electricity and aerospace, she said in the speech on Tuesday

Budget 2024: Bonds slip after Modi govt leaves borrowing largely unchanged

New Delhi also forecast a narrower fiscal deficit of 4.9 per cent of gross domestic product, versus 5.1 per cent in the interim spending plan

Apple, Micron leaders pay visit to China as US mulls stricter tech curbs

The executives on Monday joined a US business delegation meeting Vice-Premier He Lifeng and Foreign Minister Wang Yi

Indian banks' short-term debt increases to 12-year high on loan demand

Depositors in India have been saving less in banks as soaring equity markets and avenues such as mutual funds, insurance funds and pension funds lure them

Byju's US lawyers blame client in a bid to quit US bankruptcy case

For months, lenders have been trying to find $533 million in cash that Ravindran allegedly moved out of the US

JD Vance calls Democrats threat to democracy after Biden exits 2024 race

Vance joked that he was upset he doesn't get to debate Harris now because she will face Trump on the debate stage in September

CrowdStrike short sellers net $461 mn after stock plunges on Windows outage

The contrarian group reaped paper profits of $461 million on the cybersecurity software company's 11% drop, according to data from S3 Partners LLC

Trump risks getting tables turned on him with Harris as new 2024 adversary

59-year-old Harris, whom Biden has endorsed, or virtually every other Democrat who could end up atop the ticket would deprive Trump of the argument, and might even be able to turn the tables on him

PhonePe, Google Pay lose their UPI transactions share to new entrants

Operated by state-backed NPCI, UPI is a system that allows users to make instant money transfers by linking banks with fintech apps such as Paytm, PhonePe and Google Pay

Kamala Harris gets muted response in India as few see change in US ties

US has sought to cultivate deeper partnership with India as bulwark against more assertive China, while India has sought greater US investment and deeper cooperation in technology sharing and defence

India's foreign exchange reserves jump about $10 bn on JPMorgan bond move

Foreign investors have poured money into India's markets this year as they look for alternatives to Chinese equities and after JPMorgan announced the inclusion of India's bonds into its key index

HDFC Bank's unit in talks with global banks, seeks $300 mn in offshore loan

HDB Financial Services Ltd. is in talks with a group of global and local banks to finalise the terms

Chinese social media embraces Trump after Kamala Harris steps into race

The American election dominated the top four slots of China's X-like Weibo platform early Monday, as China awoke to President Joe Biden's departure from the 2024 race

Tax cuts to welfare support: Here's what to expect from Modi 3.0 1st Budget

Government is expected to reduce its deficit target slightly from the 5.1 per cent of gross domestic product projected before the elections

SBI Fund sees Union Budget 2024 arming Reserve Bank with liquidity tool

MSS bonds are issued by the government outside the normal borrowing program to enable the Reserve Bank of India soak up liquidity

Kamala Harris seen as tougher opponent of oil industry than Biden

Analysts and environmental advocates say Harris' approach toward fossil fuel development puts her to the left of Biden

Suzuki expects India's automobile market to grow fivefold by 2047

A total of 4.2 million passenger vehicles were sold in India in the fiscal year ended in March, according to the Society of Indian Automobile Manufacturers

Biden's exit from race puts Trump trade in doubt as election gets re-set

The basics of the Trump trade have taken the form of support for rising US bond yields, gains in bank, health and energy stocks as well as Bitcoin and a stronger dollar

Need to face up to junk food crisis as study shows 23% Indians overweight

Indians need simple, easy-to-understand, and prominent warning labels, so that their better natures are given a chance to overtake their impulses

Secret Service head to answer on Trump's security after assassination bid

Critics have dubbed the shooting a catastrophic failure for the Secret Service, the primary agency assigned to protect US political leaders and their families