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Retail, travel clients more exposed to US tariffs turmoil, says TCS CEO

The banking and financial services sector - which makes up nearly a third of revenue for India's biggest software exporter - remains unaffected, said the CEO

UK makes $26 bn export finance support available amid US tariff turmoil

The tariffs, introduced by US President Donald Trump, have deepened uncertainty for UK businesses about their exposure to the new trade regime

Saudi, America on 'pathway' to civil nuclear agreement: US Energy Secretary

Wright, on his first visit to the kingdom as secretary as part of tour of energy-producing Gulf states, said further details over a memorandum detailing the energy cooperation

Japan must strengthen yen, but shouldn't sell treasuries over US tariffs

By blaming the weak yen for accelerating inflation, Onodera could be signalling that Japanese policymakers consider the yen's downtrend, rather than its recent rebound, as the bigger problem

Ukraine talks going 'ok', but it's time to 'put up or shut up', says Trump

Trump has shown signs of losing patience and has spoken of imposing secondary sanctions on countries that buy Russian oil if he feels Moscow is dragging its feet on a deal

Gold soars past $3,200 as trade war deepens, dollar loses ground

Spot gold was up nearly 2 per cent at $3,235.89 an ounce at 2:32 p.m. ET (1832 GMT), after hitting a record high of $3,245.28 earlier in the session

GAIL India seeks up to 26% stake in US LNG project, 15-year gas deal

India's largest gas distributor GAIL has invited initial bids from companies as it seeks to buy equity in an existing LNG liquefication project or a new project that would be commissioned by 2030

Space startups face uncertainty as US cuts federal spending: Report

Space startups which garnered $2.1 billion in investments in the first quarter have largely relied on government contracts over the past few years

US bank profits rise but tariff tensions spark recession concerns

The latest warnings add to a chorus of Wall Street executives ringing alarm bells about the potential economic damage from the tariffs, including Dimon, BlackRock CEO Larry Fink

Wall Street dips on tariff worries as big banks kick off earnings season

US consumer sentiment also deteriorated sharply in April and 12-month inflation expectations surged to the highest level since 1981 amid unease over escalating trade tensions

India's vegetable oil stocks drop to three-year low on lower palm imports

Depleted stocks could force the world's biggest buyer of vegetable oils to increase imports of palm oil and soyoil in the coming months, supporting Malaysian palm oil prices and US soyoil futures

Morgan Stanley profits rise as market swings boost trading revenue

US President Donald Trump's decision to impose hefty tariffs on major economies and the launch of China's generative AI model, DeepSeek, triggered a broad selloff across global markets

JPMorgan profit jumps on record trading as CEO Dimon warns of turbulence

The results from the biggest US bank offer a glimpse into the economic implications of Trump's trade agenda. Bank stocks tanked after the tariffs were announced last week

China's e-com giant JD-com to invest $27 bn to help exporters go domestic

Beijing increased its tariffs on US imports on Friday to 125%, hitting back against US President Donald Trump's decision to hike duties on Chinese goods to 145

Tariffs may destroy developing nations more than aid cuts: UN trade agency

Global trade could shrink by 3-7 per cent and global gross domestic product by 0.7 per cent, with developing countries the worst affected, the International Trade Centre said

Amazon-backed More Retail eyes IPO next year, plans to double store count

Mumbai-based More, known for its neighborhood supermarkets and fresh grocery offerings, operates one of the country's largest retail chains, with 775 stores as of its latest count

From Daikin to Samsung, companies fight Indian govt over e-waste policy

Daikin, Hitachi and Samsung are among manufacturers raising concerns over new Indian government rules mandating significantly higher payments for recycling appliances like ACs, refrigerators and TVs

Growth risks to nudge RBI towards deeper rate cuts, say economists

Growth in Asia's third-largest economy, which is under threat from slowing urban consumption and tepid private investment, could worsen because of the escalating US-China trade war

Dollar slides to decade-low vs Swiss franc as confidence dips in US assets

The dollar dropped as much as 1.2 per cent to 0.81405 Swiss franc for the first time since January 2015, extending Thursday's nearly 4 per cent plunge

Trump threatens sanctions, tariffs on Mexico over Texas water dispute

Under the 1944 treaty, Mexico must send 1.75 million acre-feet of water to the US from the Rio Grande through a network of interconnected dams and reservoirs every five years