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Trump admin readies reciprocal US tariffs as trade war fears mount

The plans drew condemnation from Mexico, Canada and the European Union, while Japan and Australia said they were seeking exemptions from the duties

Trump may revive 1930 trade discrimination law for reciprocal US tariffs

Trump has said the new US tariff rates would take effect "almost immediately," and Section 338 of the Trade Act of 1930 would give him a quick path to imposing them

Baidu likely to release next-generation AI model 'Ernie 5' this year

The new model, Ernie 5, will feature multimodal capabilities enabling it to process and convert between different formats including text, video, images and audio

SBI sees sector's personal loan woes easing on tighter credit rules

Private banks and non-bank lenders have grown their personal loan books aggressively but reported an increase in bad loans in the six months through December

Aim is cooperation with Nissan, not acquisition: Foxconn's Young Liu

The deal would have been the latest change in a car industry facing a huge threat from China's BYD and other electric vehicle entrants

US CFPB likely terminates some probationary staff due to inefficiency

The removal is a possibility as White House asked agencies for lists of probationary employees and recommendations on whether they should stay- a move by administration to neutralize CFPB

Private equity likely to grow in India as IPOs wane, say industry leaders

The PE sector is expecting a higher number of deals this year, especially in financial services, IT and healthcare sectors

One killed as Russia's missile attack on Kyiv sparks fires, says Ukraine

Kyiv's Mayor Vitali Klitschko said on Telegram that at least one person was killed as a result of the attack and emergency services were called to at least four districts of the Ukrainian capital

White House plans to nominate new chiefs for bank, market regulators

White House intends to nominate Jonathan Gould as the head of the Office of the Comptroller of the Currency, and Brian Quintenz as chairman of the Commodity Futures Trading Commission

Elon Musk, other Trump allies ratchet up a rhetoric against US judiciary

Musk took to his X social media platform to attack the judge who ordered US health agencies to temporarily restore websites they took offline in response to an executive order by Trump

Netanyahu warns of ending Gaza ceasefire if hostages not returned on Feb 15

After nearly 16 months of war, Hamas has gradually been releasing hostages since the first phase of a ceasefire began on January 19, but on Monday said it would not free any more

Global EV sales up 18% in January; growth in Europe, US outpaces China

Global sales of fully electric vehicles and plug-in hybrids (PHEV) rose 17.7 per cent year on year to 1.3 million in January, the third consecutive month of slowing growth

Donald Trump's new crypto company launches strategic 'token reserve'

The announcement comes at a time when Trump and his family businesses are increasingly turning to making money from the world of crypto

Tackling debt: Trump 2.0 actions, inactions to revive the US economy

Trump told reporters that the effort to slash spending could cut $1 trillion from the federal budget, which totaled $6.75 trillion in the most recent fiscal year

ArcelorMittal considers shifting European biz support activities to India

The steel industry in Europe is facing several major challenges which are threatening the future of steelmaking on the continent

EU, Canada, Mexico condemn Trump's move to hike steel and aluminium tariffs

Trump signed proclamations late on Monday raising the US tariff rate on aluminium to 25 per cent from his previous 10 per cent rate

Apple partners with Alibaba to bring AI features for iPhones in China

The development could clear months of uncertainty over Apple's AI strategy for China, where it has been losing market share to domestic rivals

Trump's tariffs have added 'a lot of cost, a lot of chaos': Ford CEO Farley

Businesses have warned of fallout from tariffs, with many manufacturing-heavy companies finding it difficult to plan next steps or determine if Trump will follow through on signaled policy moves

Vodafone Idea Q3 results: Net loss narrows marginally to Rs 6,609 crore

The company's consolidated loss after tax narrowed to Rs 6,609 crore ($762.20 million) in the quarter ended December 31, from Rs 6,986 crore a year earlier

US demand squeezes India's gold supply, leasing rates rise to record high

Higher leasing rates are driving up jewellery production costs in the world's second-largest gold consumer and could squeeze margins of jewellers such as Titan, Kalyan Jewellers