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Apple to start online sales in India soon with local sourcing rules eased

The new investment rules could provide a boost to Apple, allowing it to grow sales in the country and possibly help it reduce its dependency on China by building an alternative supply chain in India

Stocks can't keep defying slowdown as govt steps fail to convince investors

Analysts say the government's booster dose might not be enough to spur demand in the near term, meaning India's economic woes will continue to weigh on shares and the rupee

After corporate debt, retail loans face stress amid unemployment, slowdown

The govt has unveiled steps ranging from concessions on vehicle purchases to hastening of capital infusion in state-run banks to help re-ignite an economy that's slowed sharply due to weak consumption

China's slowdown deepens in August on declining exports, tensions with US

With trade tensions worsening and the currency weakening past 7 to the dollar, policy-makers have stepped up targeted measures to support the economy

Amid Trump's attacks, US Fed says trade war, not rates, undermining economy

Trump has elevated his criticism of the central bank to a shrill level in recent weeks

You tax our wine, we'll hit back, says EU's Tusk on new US tariffs

Group of Seven leaders are meeting in Biarritz, France, Saturday amid mounting tensions over trade, climate and threats to the global economy

Why Nigel Farage's party worries Boris Johnson more than a no-deal Brexit

The Brexit Party, which will launch its own election plans on Tuesday, is keeping up the pressure

UK PM clinching sudden deal may be biggest Brexit risk for Pound traders

As the clock ticks toward the October deadline, the worry for some is that a deal could come late at night, taking any announcement into the so-called witching hour between New York and Tokyo trading

Mistry plans to sell road, solar power plant assets to cut Rs 4000-cr debt

Tycoon Mistry Plans Asset Sales to Cut $558 Million Debt

High on scent! fragrance makers tap into marijuana's mainstream acceptance

They are also capitalising on the CBD craze sweeping across almost every consumer industry and now featured in everything from shampoo and gum drops to mascara and pet treats

Govt's reform push: FPI surcharge rolled back, banks get Rs 70,000 cr

Finance Minister Nirmala Sitharaman's measures come after the government was criticised for failing to stem a rout in local equity markets and a slowdown in demand.

G-7 is well timed to fight recession but leaders unlikely to act

The UK, like Germany, is at risk of slipping into a recession after recent data showed a second-quarter 0.2 per cent decline in gross domestic product

Self-driving cars to javelin cart: Toyota's robots set for Olympic debut

In addition to the javelin-collecting robot, the manufacturer will have a humanoid robot, a robot to assist disabled spectators, and a telepresence robot that lets people talk with and see each other

Govt may exempt FPIs from super-rich tax to reverse economic slowdown

Nirmala Sitharaman had proposed increasing the effective tax rate on individuals with taxable annual income of above Rs 2,000 cr by about 3%, and for those earning above Rs 5,000 cr by 7%

Hong Kong turmoil could trigger world recession, warns Harvard economist

The academic's warning comes days after Federal Reserve Bank of Boston President Eric Rosengren said Hong Kong's crisis is on his global worry list

As fires rage in Amazon forests, Brazil pushes back against global flak

President Jair Bolsonaro's senior foreign policy adviser tweeted a long English language thread defending Brazil's record on Amazon deforestation and attacking media coverage

World's biggest companies accept growing inequality as defining challenge

The initiative, sponsored by the Organization for Economic Cooperation and Development, is set to be unveiled by President Emmanuel Macron as he prepares to host the G7 summit this weekend in Biarritz

Govt bailouts a moral hazard, says CEA Krishnamurthy Subramanian

Calls for a fiscal boost from the government for sectors like automobiles have been growing in the past few weeks after the budget from Nirmala Sitharaman failed to provide support

Fed needs further rate cuts to address US funding squeeze: Credit Suisse

Pressure caused by this "supermassive black hole" would seep into the foreign exchange forward, cross-currency basis and Libor-OIS markets, according to the note

South Korea to withdraw from an intelligence-sharing agreement with Japan

South Korea notified Japan of plans to withdraw from the three-year-old framework for exchanging classified military information