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US smartphone market sees slow growth as India-made phones surge: Canalys

In response to tariffs, Apple earlier this year sought to make most of its iPhones sold in the United States at factories in India

Trump warns 15-20% tariffs for nations without US trade agreements

Trump told reporters his administration will notify some 200 countries soon of their new 'world tariff' rate

Tesla signs chip supply deal with Samsung Electronics, says Elon Musk

On Saturday, Samsung announced a $16.5 billion chip supply deal with a major global company, without naming the client

'Prez of Peace': Trade threat helped broker Cambodia-Thai truce, says Trump

The truce talks followed a sustained effort by Anwar and US President Donald Trump's phone calls to both leaders at the weekend

India's 3rd largest airport operator eyes Oct close for over $500 mn bond

BIAL will raise the funds through its second tranche at a similar rate as the first transaction

BIAL to raise over $535 mn via second tranche of bonds by early Oct: Report

SBI Capital Markets was the arranger of the previous issue, and will also be the arranger for the second tranche, two of the sources added

US, EU agree trade deal, EU will see 15% tariff across the board

The deal, that includes a 15 per cent tariff on EU goods entering the US and significant EU purchases of US energy and military equipment, will bring welcome clarity for EU companies

Shriram Finance Q1 results: PAT up 9% at ₹2,156 cr on healthy loan growth

The non-banking finance company (NBFC) reported an 8.8% year-on-year rise in standalone profit at ₹2,156 crore ($249.01 million) for the quarter ended June 30

Russia suspends sunflower oil duty till end of August to boost exports

Russian lobby group Oil and Fat Union estimates that Russia is the world's leading producer of sunflower oil and the second largest exporter after Ukraine

Trump suggests US Federal Reserve may be ready to cut interest rates

The two men met on Thursday when Trump made a rare visit to the US central bank to tour its ongoing renovation of two buildings at its headquarters in Washington

Intel cutting more jobs as CEO Tan tries to fix manufacturing missteps

The job cuts - a majority of which have been completed already - are part of an effort by Tan since he took the helm in March to turn around the storied U.S. chipmaker

Netanyahu, Trump appear to abandon Gaza ceasefire negotiations with Hamas

Netanyahu said Israel was now mulling "alternative" options to achieve its goals of bringing its hostages home from Gaza and ending Hamas rule in the enclave

Meta to halt political advertising on its platforms in EU from October

The European Union legislation, called the Transparency and Targeting of Political Advertising regulation and which will apply from October 10

Indian homebuilder Sobha's Q1 profit up 125% on premium housing demand

Indian real estate developers have capitalized on a post-pandemic shift in buyer preferences towards larger, amenity-rich apartments by securing land deals and swiftly launching new projects

SBI Card misses quarterly profit estimates as write-offs surge 32%

The company said gross write-offs jumped 32 per cent from a year earlier to 12.80 billion rupees

Alessandro des Dorides resigns as Nayara CEO; Sergey Denisov to take charge

The reshuffle at the top is the latest disruption for the company since the EU announced a new round of sanctions last Friday directed at Russia over its war in Ukraine

Asian Paints seeks to quash antitrust probe, says probe order mishandled

Asian Paints told a Mumbai court that the CCI's July 1 order wrongly alleged its CEO warned raw material suppliers against dealing with Birla, threatening reduced business with the company

OpenAI may launch GPT-5 next month with o3 model integration: Report

OpenAI is reportedly preparing to launch GPT-5 in August, integrating its o3 model to enable broader functionality across multiple AI tools and tasks

Piyush Goyal hopeful of concluding US trade deal after 'fantastic' progress

Trump threatened a 26 per cent tariff on Indian imports in April but paused implementation to allow for talks

RBI to hold rates in August, expected to cut again later this year: Poll

Subdued inflation has allowed policymakers room to cut rates but with the economy expanding at a rapid 7.4 per cent rate