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US importers rush in goods from China as Trump's tariff threat looms

Trump, who has threatened to slap tariffs of 10 per cent to 60 per cent on goods from China, takes office on January 20

Rupee slide raises doubts over rate cuts in February, analysts caution

The weaker currency could add to elevated inflation through costlier imports, while a cut in interest rates could dampen already tepid capital flows

South Korean investigators arrest impeached President Yoon, ending standoff

His arrest, the first ever for an incumbent president, is the latest head-spinning development for one of Asia's most vibrant democracies

Tata Capital raises $400 mn via maiden dollar-denominated bond issue

The non-banking finance company will pay a coupon of 5.3890 per cent on what is its maiden dollar-bond issue

UK watchdog to investigate Google search services to see consumer impact

The Competition and Markets Authority (CMA), which gained a wider remit over big tech this month, said search was vital for economic growth and it was critical that competition was working

South African rescuers pull 36 corpses, 82 survivors from illegal gold mine

Hundreds more men and dozens more bodies are still trapped underground. All 82 that have been arrested are facing illegal mining, trespassing and contravention of the Immigration Act charges

Shoppers Stop Q3 results: PAT rises 41% to Rs 52.23 cr, revenue grows 11.5%

Spending on beauty and lifestyle products surged during India's festive season between October and December, which typically accounts for the bulk of retailers' annual sales

Dreadlocked ascetics among 25 million to take a dip at Maha Kumbh festival

Nearly 15 million people, more than double the 6 million population of the city in the state of Uttar Pradesh, had taken a ritual dip on Monday, when the six-week festival

RBI likely to manage FX reserves judiciously amid global headwinds

The Reserve Bank of India will continue to intervene as and when necessary to smoothen volatility, but won't go against the tide and massively intervene to protect any levels

Rupee recovers from record low to settle 8 paise higher at 86.62/$

Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.39 per cent lower at 109.38

Govt likely to incentivise textiles in Budget as crisis hits B'desh exports

India's textile sector employs an estimated 45 million people and the government is considering increasing the textile ministry's budget allocation for 2025/26 by 10 per cent-15 per cent

Govt may forecast stronger growth next FY while sticking to fiscal targets

It is likely to forecast nominal economic growth of 10.3 per cent-10.5 per cent. That's higher than the forecast of 9.7 per cent for the current year

Party of Bangladesh's former PM Khaleda Zia urges elections by August

Yunus has said elections might be possible by the end of 2025, but only following electoral reforms

China likely to cut pay by half for staff at its top 3 financial regulators

Staff at the People's Bank of China (PBOC), National Financial Regulatory Administration (NFRA) and China Securities Regulatory Commission (CSRC) will see total income slashed by about hal

Ukraine strikes Russia in drone, missile attack, destroying 2 factories

Alexander Bogomaz, the governor of the Bryansk region in western Russia, said Ukraine had launched a major missile attack

Dollar drifts near 2-year high as rate-cut bets fade, eyes on tariffs

The threat of tariffs along with the Federal Reserve's stated measured approach to rate cuts this year have lifted Treasury yields and the dollar

EU reassesses its probes into tech giants such as Apple, Google and Meta

The review could lead to Brussels reducing or changing the range of the probes, and will cover all cases launched since March 2024

US govt tightens its grip on AI chip, technology export across globe

The new regulations will cap the number of AI chips that can be exported to most countries and allow unlimited access to US

Hyundai India's slow EV ramp-up hurts its decarbonisation plan: Greenpeace

Hyundai and Kia saw their per-vehicle tailpipe emissions drop in their major markets of Europe and South Korea between 2018 and 2023

Apple, Samsung smartphone shipments fall in Q4 as China competition bites

The global smartphone market rebounded strongly after two years of decline, with Chinese smartphone companies rapidly expanding their market share