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India-EU trade talks: Tariffs, market access, regulatory clashes in focus

Talks for an India-EU free trade agreement, stalled for eight years, resumed in 2021, now cover investment protection and geographical indications.

Centre to cut states' share of federal taxes from 41% to 40% from 2026

The panel, headed by economist Arvind Panagariya, will submit its recommendations by October 31 to be implemented from fiscal year 2026-27. The recommendations are binding

Contract drug makers urge govt to ease rules, reduce reliance on China

Contract drug manufacturers have gained from global companies' efforts to diversify their supply chain

Trump sows confusion over Canada, Mexico, floats 25% duty on EU goods

Trump has targeted early April for imposing reciprocal tariffs matching import duty rates of other countries and offseting their other restrictions

Canada regulator to impose fee on Google for online law's operating costs

The imposition of the levy on the Mountain View, California-based search engine giant comes at a time of increased tension between Canada and the United States

Founding family unable to secure funding for $58 bn buyout, says Seven & i

The failure of the management buyout heightens the likelihood of Couche-Tard pulling off a mammoth acquisition of one of Japan's best-known and most beloved retailers

Stocks to make partial recovery from deepest rout in decades: Poll

Economic growth in Asia's third-largest economy slowed sharply this fiscal year as high inflation and stagnant incomes squeezed household spending

Drugmakers tout AI efforts at conference amid US tariffs concerns

Drugmakers such as Amgen and contract manufacturers including Parexel highlighted AI's role in reducing the time taken to conduct certain parts of the trials

Global stocks, dollar jump as House advances Trump's tax cut plans

The Republican-controlled US House of Representatives late on Tuesday narrowly passed Trump's $4.5 trillion tax-cut plan

US to announce EU tariffs very soon, says Trump at cabinet meeting

Trump said that US administration would soon be announcing tariffs on EU

Govt singles out VW in $1.4 bn tax dispute, says Kia corrected course

India says Volkswagen used a clandestine scheme to import auto parts in separate shipments, to evade detection and cut taxes, instead of declaring items as "completely knocked down"

Shein reports 2 child labour cases in 2024 as it increased supplier audits

The disclosure by Shein, which is planning an initial public offering in London, was in a February 7 response to questions from a British parliamentary committee

Trump administration orders more layoffs as Musk meets with cabinet

The memo calls for a "significant reduction" in headcount, but does not specify how many workers should be laid off, beyond the 100,000 who have already taken a buyout or been fired

Max to offer sports, news content at no additional cost for users

As customers shift from cable TV networks to streaming services, media companies such as Warner Bros Discovery are seizing the opportunity to gain market share and attract advertisers

Crucial Nvidia results to set the course for faltering 'Magnificent Seven'

Investors have raked in big gains from the AI boom led by the so-called "Magnificent Seven", a group of tech giants that includes Nvidia, Microsoft and automaker Tesla

Gold prices fall as investors eye US inflation data, Trump's tariff plans

Investors' focus was also on the US Personal Consumption Expenditures (PCE) report, the Federal Reserve's preferred inflation gauge, due on Friday

GM to increase dividend by 25%, buy back another $6 billion of shares

The US automaker said it expected to repurchase $2 billion of shares by the first half of this year, with the remainder to be bought at any point of the company's choosing

BP turns back to fossils, to increase annual oil, gas investment to $10 bn

The oil major slashed planned annual investment in transition businesses by more than $5 billion than its previous forecast, to between $1.5 billion and $2 billion per year

China's DeepSeek cuts off-peak pricing for developers by up to 75%

DeepSeek's low-cost AI models triggered a major sell-off in global equity markets last month, as investors worried that its arrival could threaten current AI market leaders

G20 meet on global poverty marred by disputes, absence of major economies

The two-day meeting comes after the Trump administration announced plans to gut its USAID arm and Britain slashed its aid budget by 40 per cent to divert funds towards defence spending