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India's GST cuts risk delay as states demand safeguards for revenue loss

Gross GST collections hit a record ₹22.1 trillion in fiscal year 2025, 9.4 per cent higher than a year earlier

India boosts US oil purchases on competitive prices, narrows trade deficit

The country's top refiner, Indian Oil Corp, has bought 5 million barrels of US West Texas Intermediate crude for delivery in October and November via a tender

Asian stocks rise on tech rally as markets await US inflation data

Markets in Asia latched on to the positive momentum on Friday as MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.4 per cent

India's economy resilient but US trade policies a risk: RBI bulletin

Average headline inflation, meanwhile, is seen remaining significantly below the central bank's target of 4 per cent this financial year, according to the RBI bulletin

The 'land swap' that wasn't: Inside Trump's frantic dash for Ukraine peace

Picture that emerges from interviews is that Trump willing to move quickly on some foreign policy decisions, relying more on confidants and instinct than the traditional diplomatic channels

Meituan's loss warning spurs nearly $27 billion China's internet rout

China's food delivery leader issued its dire prediction after reporting "irrational competition" eradicated most of its profit in the June quarter

Nvidia CEO says AI boom far from over after tepid sales forecast

The founder and CEO's bullish outlook contrasts with recent signs of fatigue in AI-focused stocks and comments from industry leaders about overheated investor enthusiasm

Xi hosts Russia, North Korea, Iran and Myanmar at Beijing military parade

Myanmar junta chief Min Aung Hlaing, who rarely travels abroad, will also attend, the Chinese foreign ministry said on Thursday

TikTok owner ByteDance sets valuation at over $330 bn as revenue grows

The latest buyback at a higher valuation will come as ByteDance consolidates its position as the world's largest social media company by revenue

Russian missiles hit Ukraine, damage EU mission and British council offices

Russia said its attack had hit military industrial facilities and air bases, and that Ukraine had also attacked Russian targets. The Kremlin said it was still interested in pursuing peace talks

US tariffs to worsen India's solar panel glut as domestic bidding slows

India's awards of solar generation projects and new tenders slowed dramatically in the quarter ended June

Why India's Russian oil imports sparked US tariffs amid Ukraine peace talks

White House trade adviser Peter Navarro said India's purchases of Russian crude were funding Moscow's war in Ukraine and had to stop

Centre extends cotton import duty exemption amid US tariff pressure

The world's second-biggest cotton producer had earlier announced an exemption on cotton imports from an 11 per cent duty until September-end and has now extended that to December 31

Asian markets waver as Nvidia slides despite strong earnings beat

MSCI's broadest index of Asia-Pacific shares outside Japan swung between gains and losses, and was last down 0.2 per cent

China's $1 trillion stock rally triggers curbs from brokers, funds

In the first such public move, Shanghai-based Sinolink Securities Co raised its margin deposit ratio on new client financing contracts for some securities to 100 per cent, according to a posted notice

Kremlin disapproves of European proposals on security proposals for Ukraine

Kremlin spokesman Dmitry Peskov praised U.S. President Donald Trump's efforts to end the war in Ukraine as "very important" however, and said Moscow hoped they would continue

China plans to triple AI chip production to cut reliance on Nvidia: Report

Huawei aims to begin production at a plant dedicated to making AI chips by year end, with two more facilities set to launch in 2026, the newspaper said citing people familiar with the matter

Rheinmetall wants to take over shipbuilder Naval Vessels Luerssen: Report

The CEO of Rheinmetall, which aims to fill gaps through acquisitions, said earlier this month that the company was in talks with partners about investing in the naval business

US govt stake in chipmaker Nvidia not on the table: Treasury Secy Bessent

"I don't think Nvidia needs financial support, so that seems not on the table right now," he said in an interview on Fox Business' "Mornings with Maria" program

Steelmakers seek sevenfold rise in met coke import quota amid supply crunch

India, the world's second-largest crude steel producer, in June extended import curbs on low-ash metallurgical coke, a steelmaking raw material, for six months starting in July