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US tariffs may cut India GDP by up to 0.5% points, says finance secy

He added that he expected potential growth rate of around 7% could be achieved over the next decade, though India needed to expand its economy

Trump admin would consider cutting China tariffs as part of talks

China tariffs could come down to between 50% and 65%, the paper said, citing a White House official

IOC plans to operate Gujarat refinery at higher capacity from mid-2026

IOC is revamping one of the five crude units at the 274,000 bpd refinery in Gujarat to raise overall capacity by 86,000 bpd

Ather's valuation set to drop 44% ahead of IPO amid global market turmoil

India was the world's second-largest market by IPO proceeds in 2024 but listings are down 15% this year, data compiled by LSEG showed

Vedanta Resources mulls US listing to raise $1 bn for Zambian copper assets

Vedanta is considering New York as one of the options to list KCM, as the Zambian unit is known, the sources said

Earthquake of 6.2 magnitude shakes Istanbul, no casulaties reported

There were no immediate reports of damage, but people evacuated buildings as the quake hit and shook the city, located on the European and Asian shores of the Bosphorus strait

India resumes palm oil imports as prices fall below soyoil after 5 months

Higher purchases by India, the world's biggest buyer of palm oil, will support benchmark Malaysian palm oil futures, which have fallen nearly 10 per cent so far in 2025

Philippines to receive second batch of BrahMos missiles from India

BrahMos, which has a range of 290 km (180 miles) and can be fired from land, sea and submarine, is part of the Philippine military's modernisation programme

April composite PMI at 60 as biz growth hits 8-month high on export surge

Manufacturing PMI rose to a 1-year high of 58.4 in April; services hit 4-month peak at 59.1, signalling robust private sector growth and strong demand across both segments

Ather Energy sets IPO price band in range of ₹304 to ₹321 per share

The Tiger Global-backed company trimmed its IPO size on Tuesday to ₹2,626 crore ($308.3 million), down from its initial aim of raising ₹3,100 crore

Asian stocks rise as Trump calms Fed fears, hints at China trade deal

Trump also reiterated he wanted to do a deal with China where tariffs would not be anywhere near 145 per cent, but added that he would set the terms of a deal if Beijing did not enter talks

Dollar jumps after Bessent predicts easing of US-China trade tensions

The US dollar index, which measures the greenback against six other major currencies, was up 0.6 per cent at 98.937, after sinking as low as 97.923 in the previous session

OpenAI would buy Google's Chrome browser, executive testifies at trial

Google has not offered Chrome for sale. The company plans to appeal the ruling that it holds a monopoly

Nomura to buy Macquarie's US, European asset management units for $1.8 bn

The Japanese company has had a troubled history in its attempts to expand overseas, including the acquisition of assets from the collapsed Lehman Brothers in 2008 which it later wrote down

US academic leaders unite against Trump's higher education policies

Tuesday's joint statement is the latest show of resistance from U.S. higher education leaders as the Trump administration seeks to leverage its financial heft to overhaul academia

Ather Energy trims IPO size to Rs 2,626 crore from Rs 3,100 crore

Existing shareholders will offload 11.1 million shares, around half the 22 million shares they planned to sell earlier

IMF economist backs central bank independence after Trump's remarks

Pierre-Olivier Gourinchas said central banks faced a delicate moment in managing inflation, especially in countries like the United States

GE Aerospace CEO Culp advocates tariff-free regime for aviation industry

Trump's trade war has created the biggest uncertainty for the aerospace industry since the COVID pandemic. It has also led to a breakdown in the industry's decades-old duty-free status

Trump admin begins State Department overhaul to cut redundancy: Rubio

Work that fell to the Under Secretary for Civilian Security, Human Rights, and Democracy will now be placed under a new Coordinator for Foreign Assistance and Humanitarian Affairs

HCLTech CEO signals opportunities despite expected tariff consequences

HCLTech expects the tariff-led turmoil to impact retail and manufacturing verticals and spill over to the other segments after fully kicking in