Page 116 - Reuters%20/undefined

India looks to offer US tariff cuts on farm imports, eyes trade success

Unlike China, Canada and the EU, India is actively seeking to appease the Trump administration and is open to cutting tariffs on over half of US imports worth $23 billion

LVMH appoints Bulgari CEO Jean-Christophe Babin to lead watches business

The watches division, meanwhile, has been hit with slowing demand as inflation-strapped shoppers curtail high-end purchases, with the watches and jewellery division's sales down 2% last year

India pushes homegrown network to rival Visa, Mastercard in payments

Launched in 2016, the Unified Payment Interface (UPI) accounted for 83% of India's digital payments volume in 2024, up from 34% in 2019, and dominates the domestic retail payments sector

India seeks to ease tariffs, woo Trump with early trade deal talks

New Delhi has promised to step up energy purchases from the United States to $25 billion in the near future from $15 billion last year

Coal India, ONGC Videsh among firms seeking stake in SQM's lithium projects

KABIL has partnered with Coal India, Oil India, and ONGC Videsh to seek the 20 per cent stake in SQM's Mount Holland and Andover lithium projects in Western Australia

Foreign ownership of India's global bonds crosses Rs 3 trn before rate cut

Foreign inflows might see a further rise amid an aggressive rate cutting cycle on growth/trade headwinds and well-behaved inflation as well as a stable currency

Why does Trump want US to control Greenland? Location, resources and more

The US has expressed interest in expanding its existing military presence on the island, including placing radars there to monitor the waters between the island, Iceland and Britain

Musk says he will finish most of $1 trn federal cost cuts within weeks

DOGE estimates it has saved US taxpayers $115 billion as of March 24 through actions including workforce reductions, asset sales and contract cancellations

RBI to double foreign investor cap in listed firms to 10% to boost inflows

Foreign portfolio investors, pressured by poor earnings, high valuations and prospects of US tariffs, have pulled more than $28 billion out of Indian stocks

Saudi Aramco in talks to invest in planned refineries of BPCL, ONGC

Aramco is in separate talks to invest in Bharat Petroleum Corp's (BPCL) planned refinery in the southern state of Andhra Pradesh and a proposed Oil and Natural Gas Corp (ONGC) refinery

Trump's auto tariffs boost car rental demand; Hertz and Avis shares surge

The new levies could add thousands of dollars to the cost of an average vehicle in the United States

India denies entry to Russian oil tanker over documentation issues

India is the biggest buyer of seaborne Russian crude. Russian oil accounted for about 35 per cent of overall crude imports in 2024 by India, the world's third biggest oil importer and consumer

US tariff hike will drive up prices for American consumers: H&M CEO

H&M is monitoring and preparing for tariffs, though these are a moving target given the uncertainty over which countries Trump's announcement will target next week, Erver said

US prosecutors investigate tip about timing of Pfizer's Covid vaccine

The report said on Wednesday GSK's former head of vaccine development, Philip Dormitzer, had told his colleagues about the delay by Pfizer, where he worked before joining the British company

Indian banks' loan growth slows for 8th straight month in Feb: RBI data

The data showed that banks' credit increased by 12 per cent year-on-year last month, slower than the 16.6 per cent rise a year earlier

Trump asks two spy agencies to train satellites to surveil US-Mexico border

The National Geospatial-Intelligence Agency (NGA) and the National Reconnaissance Office (NRO) oversee spy satellites and analyse imagery for the Pentagon and other intelligence organisations

Gold climbs as new Trump tariffs on auto sector stoke trade tensions

Gold, traditionally seen as a hedge against uncertainty and inflation, has risen more than 15 per cent this year and hit an all-time peak of $3,057.21 on March 20

Oil holds near one-month high as markets weigh new trade war risks

PVM analyst Tamas Varga said oil had ignored falling equity markets on Wednesday and had firmed on the back of US tariffs against Venezuela and lower US crude and fuel inventories

RBI to cut rates again on April 9, one more expected in August: Poll

With inflation in India easing to a seven-month low of 3.61 per cent in February and the economy forecast to grow at 6.4 per cent this fiscal year

Axis Bank, JP Morgan roll out anytime dollar payments for clients

This is the first instance where an Indian company will have the flexibility to make or receive dollar payments at any time