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India hoped for 'big' GST reform, received only a revised rate card

India's long-overdue GST cut is hailed by PM Modi as the nation's 'biggest reform', with carmakers cutting prices and asset managers calling it a 'landmark reset', yet markets stay muted

iPhone 17 lineup brings the upgrades many users have been waiting for

All the new phone models include Apple's latest in-house silicon, more advanced cameras and tougher outer glass

Auto stocks drive ₹3 trillion market capitalisation surge on GST cut

Tax cuts drive auto stocks higher as Maruti, Eicher, and TVS surge; analysts expect festival season demand to lift sales and profits across India's automobile sector

US payroll data marked down a record 911,000 in preliminary estimate

The number of workers on payrolls will likely be revised down by a record 911,000, or 0.6%, according to the government's preliminary benchmark revision out Tuesday

Indian auto stocks add $33 bn in value as GST cut boosts demand, profits

BSE Ltd's measure of 20 auto firms has added about $33 billion in market value since August 15 when Prime Minister Narendra Modi first announced the government's plan to lower goods and services tax

RBI cut US debt, boosted gold reserves even before Trump's tariffs

India's finance minister said last week the RBI was taking a "very considered decision" to diversify reserves - which currently stands at about $694 billion dollars, the fourth-biggest in the world

Macron looks to appoint new French PM after Bayrou loses confidence vote

While Macron doesn't lack for people who might accept the role, selecting someone who can find common ground among the groups is far from obvious

BMW, Mercedes, Volkswagen vie with BYD-led China rivals at Munich show

The stakes are high. German automakers are grappling with US tariffs, muted sales in Europe and eroding market share in China

EU considers fresh set of sanctions on Russia to hit banks and oil trade

The bloc is hoping to coordinate some of its latest measures with the US, said the people, who spoke on the condition of anonymity to discuss private deliberations

US proposes annual China chip supply approvals for Samsung, Hynix

The VEU system granted Samsung and SK Hynix perpetual approval to ship estimated quantities of supplies, based on up-front security and monitoring commitments, to factories in China

India's oil demand growth set to outpace China in 2025: Trafigura

China and India - the region's leading crude importers - are key drivers of demand growth, as producers and traders navigate the impact of economic shifts, plus the spread of renewable energy

Trump's ultimatums to Putin face reality as Russia escalates war in Ukraine

Since taking office, Trump has largely sided with Putin, blaming the US, cutting Kyiv's aid, and limiting intelligence, aiding Russia in regaining lost territory

Empowering women could be Pak's key to recovery after devastating floods

Pakistan faces a second major flood in three years, and experts say empowering women and investing in grassroots initiatives could be the key to resilient recovery and long-term growth

Mercedes-Benz launches electric version of top SUV to boost luxury push

Unveiled at the Munich auto show on Sunday, the GLC sport utility vehicle competes with BMW AG's iX3 and Tesla Inc.'s Model Y

China may ease crypto curbs as stablecoins challenge dollar dominance

With the, apparently coincidental, four-year anniversary of the last big tightening coming up this month, expect the next move by authorities to be a change of heart, a relaxation

India treads with caution as Trump softens rhetoric after trade tensions

Trump said at the White House on Friday there was nothing to worry about with US-India ties and the two countries had a special relationship

Taiwan's Pacific influence dwindles as China gains ground in island nations

From six diplomatic alliances in the region in 2019, Taiwan now only has three: The Marshall Islands, the Republic of Palau, and Tuvalu

AstraZeneca's lung cancer combination boosted survival in key study

The combination helped patients with a specific type of advanced non-small cell lung cancer live for 47.5 months at the median, the longest survival benefit ever reported

Thai cannabis industry eyes revival under new PM who backed its rise

Since Anutin decriminalised marijuana in 2022 as health minister, making Thailand the first Asian nation to do so, the industry has been whiplashed by a series of policy reversals

Modi-Xi handshake, fresh tax cuts boost case for lagging Indian stocks

Improving trade links with the world's second-biggest economy add to a string of positives for India, including the prospect of further central bank interest-rate cuts