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Bloomberg

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Trump signs order to tighten customs enforcement, curb tariff cheats

Trump's order targets customs loopholes by cracking down on shell companies, inadequate customs bonds, and shipment-routing schemes used to conceal the true origin of imported goods

Trump signs order to tighten customs enforcement, curb tariff cheats
Updated On : 04 Jun 2026 | 8:05 AM IST

Govt to cut taxes, relax bond ownership rules to attract foreign investment

The cabinet on Wednesday is expected to consider a significant cut in the taxes paid by global funds on the nation's bonds

Govt to cut taxes, relax bond ownership rules to attract foreign investment
Updated On : 03 Jun 2026 | 3:01 PM IST

Bank lending in India hits two-year high as firms favour loans over bonds

Credit growth expanded at 16.2 per cent in the year through May 15, the fastest clip since June 2024, according to the Reserve Bank of India data

Bank lending in India hits two-year high as firms favour loans over bonds
Updated On : 03 Jun 2026 | 1:16 PM IST

Japanese toilet maker Toto ramps up its ceramics for AI chipmakers

Shares of Toto jumped as much as 11% in Tokyo on Wednesday, the biggest intraday jump in over a month

Japanese toilet maker Toto ramps up its ceramics for AI chipmakers
Updated On : 03 Jun 2026 | 11:54 AM IST

TikTok founder surpasses Mukesh Ambani to become Asia's 2nd richest person

Zhang's net worth climbed to $92.8 billion, cementing his position as China's richest person

TikTok founder surpasses Mukesh Ambani to become Asia's 2nd richest person
Updated On : 03 Jun 2026 | 10:40 AM IST

JioStar bets big on AI-generated shows after success of Mahabharat

JioStar, a joint venture between Reliance Industries Ltd. and Walt Disney Co., is planning a slate of series that would be written, animated, voiced and edited entirely by artificial intelligence

JioStar bets big on AI-generated shows after success of Mahabharat
Updated On : 03 Jun 2026 | 9:41 AM IST

India's oil demand growth set for pandemic low on West Asia crisis

Oil demand growth is forecast at 78,000 barrels a day, according to Kpler Ltd., which has slashed its pre-war estimate by almost 40%

India's oil demand growth set for pandemic low on West Asia crisis
Updated On : 03 Jun 2026 | 9:27 AM IST

Google Gemini AI search shift is freaking out the online Ad world

The shift from blue links to AI-powered search results is forcing advertisers to rethink SEO, while uncertainty grows over the future of online advertising

Google Gemini AI search shift is freaking out the online Ad world
Updated On : 03 Jun 2026 | 9:14 AM IST

India's high-stakes push for sovereign AI faces funding, infra hurdles

India's ambition to build and export a sovereign AI template across the world is colliding with various structural constraints

India's high-stakes push for sovereign AI faces funding, infra hurdles
Updated On : 03 Jun 2026 | 9:14 AM IST

Why rising night-time temperatures pose a growing risk to cities

Relentless night-time heat puts billions at risk in growing megacities

Why rising night-time temperatures pose a growing risk to cities
Updated On : 03 Jun 2026 | 8:36 AM IST

Microsoft launches 'Scout' AI assistant that works like executive assistant

While AI bots like ChatGPT or Copilot are only visible to the user, the new tool, dubbed Scout, will appear on internal email and calendar systems as if it were just another helpful employee

Microsoft launches 'Scout' AI assistant that works like executive assistant
Updated On : 03 Jun 2026 | 8:09 AM IST

Asia faces rate-hike pressure as energy shock, AI boom fuel inflation

Asia is particularly vulnerable because it sits at the center of global manufacturing and technology supply chains while remaining heavily reliant on imported energy

Asia faces rate-hike pressure as energy shock, AI boom fuel inflation
Updated On : 03 Jun 2026 | 8:05 AM IST

Trump's Netanyahu problem is latest key hurdle to Iran peace deal

The latest diplomatic rupture followed days of Israeli military escalation against Hezbollah in Lebanon, prompting a phone call between Trump and Israeli Prime Minister Benjamin Netanyahu

Trump's Netanyahu problem is latest key hurdle to Iran peace deal
Updated On : 03 Jun 2026 | 7:54 AM IST

Trump orders US agencies to partner with AI firms on cyber defence

Tuesday's order emphasises voluntary participation by developers despite earlier deliberations about mandating government approval of new AI systems

Trump orders US agencies to partner with AI firms on cyber defence
Updated On : 02 Jun 2026 | 11:56 PM IST

India set to bargain hard in trade negotiations with US, UK this week

Trade agreements with the US and the UK could help cushion some of the headwinds while attracting foreign investment at a time when the rupee is under great pressure

India set to bargain hard in trade negotiations with US, UK this week
Updated On : 02 Jun 2026 | 2:24 PM IST

Workers should be paid 'as much as possible', says Nvidia CEO Jensen Huang

From South Korea to Taiwan, the prime beneficiaries of the global artificial intelligence rollout are coming under growing pressure to share more of their profits

Workers should be paid 'as much as possible', says Nvidia CEO Jensen Huang
Updated On : 02 Jun 2026 | 9:46 AM IST

India to ask US for relief from Section 301 probes as trade talks resume

The two nations reached an agreement on a trade pact earlier this year before the US Supreme Court struck down President Donald Trump's sweeping reciprocal tariffs

India to ask US for relief from Section 301 probes as trade talks resume
Updated On : 02 Jun 2026 | 8:24 AM IST

South Korea overtakes India as world's 6th largest stock market on AI rally

Samsung Electronics and SK Hynix, newly minted members of the $1 trillion valuation club, have powered Korea's equity surge, lifting the Kospi's 2026 gains to more than 100% through AI memory chips

South Korea overtakes India as world's 6th largest stock market on AI rally
Updated On : 02 Jun 2026 | 7:42 AM IST

Chinese labs with links to military seek access to Nvidia's AI chips

Two of the institutions that have expressed interest in the H200 chips- Beihang University and Northwestern Polytechnical University- rank among China's 'Seven Sons of National Defence'

Chinese labs with links to military seek access to Nvidia's AI chips
Updated On : 02 Jun 2026 | 7:29 AM IST

Congo reopens Bunia airport as Ebola outbreak shows early signs of slowing

The airport in Bunia - the capital of Ituri province - resumed operations immediately after health authorities determined that screening and surveillance measures were sufficient to manage travel risk

Congo reopens Bunia airport as Ebola outbreak shows early signs of slowing
Updated On : 02 Jun 2026 | 7:18 AM IST