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Amid IndusInd fallout, RBI examines derivatives exposures of some banks

On Monday, private lender IndusInd Bank flagged a 2.35 per cent hit to its net worth due to an underestimation of hedging costs related to forex transactions

Waiting to hear from US on Ukraine 30-day ceasefire plan, says Russia

After more than eight hours of talks with Ukrainian officials in Jeddah on Tuesday, US Secretary of State Marco Rubio said the US would take an offer of a 30-day ceasefire in Ukraine to Russia

Govt plans to set up trading exchange for domestically produced coal

The world's fastest growing major economy opened up coal mining to private companies earlier this decade, ending the near-monopoly of state-run Coal India, the world's largest coal miner

Jaguar Land Rover shelves plan to build EVs at Tata's Tamil Nadu plant

The British luxury car unit was unable to find the right price-quality balance for locally sourced EV parts

Saving about Rs 90 cr per month from cost-cut measures, says Ola Electric

Ola Electric, in which the SoftBank Group has a significant stake, reported a wider quarterly loss of Rs 564 crore in the October-December quarter as it offered heavy discounts to lure customers

Donald Trump defends tariffs before corporate America as stocks sell off

US stocks on Tuesday extended a selloff that has dragged the benchmark S&P 500 down 5.3 per cent so far in 2025, with investors rattled over increased tariffs on imports

Violence against Tesla dealership domestic terrorism, says Donald Trump

Activists have lately staged so-called Tesla Takedown protests to voice displeasure over Musk's role in sweeping cuts to the federal workforce at the behest of Trump

Oil prices edge higher, but recession fears and tariffs limit gains

Oil prices, however, pared back some gains after Trump said he had instructed his commerce secretary to add an additional 25 per cent tariff on all steel and aluminum imports from Canada

Dow, S&P, Nasdaq decline after Trump announces fresh tariffs on Canada

Trump doubled his planned tariff on all steel and aluminum products coming into the US from Canada, bringing the total to 50 per cent

Amid trade spat, Trump doubles tariffs on Canadian steel, aluminium to 50%

Trump said that his administration will substantially increase tariffs on cars coming into the US on April 2, if other tariffs are not dropped by Canada

China tightens trade rules as Canadian tariffs spark price volatility

China on Saturday shocked markets with a 100 per cent tariff to just over $1 billion of Canadian rapeseed oil, oil cakes and pea imports

Govt bond yields dip as traders await inflation data from India, US

Investors are on the edge globally after US President Donald Trump declined to rule out a recession as a result of his tariff policies

Rupee gains as dollar drops to four-month low amid global uncertainty

Uncertainty about trade tariffs and their impact on the growth-inflation dynamic in the United States has sapped risk appetite from markets alongside a sharp selloff in US equities

India's cotton imports to double as output falls short, says trade body

Higher imports by world's second-largest producer of the fibre could support global prices, which fell to their lowest in more than 4 years after top consumer China levied duties on imports from US

To lower infra cost, Meta begins testing its 1st in-house AI training chip

Meta is working with Taiwan-based chip manufacturer TSMC to produce the chip, this person said. The test deployment began after Meta finished its first 'tape-out' of the chip

India's edible oil imports hit 4-year low due to depleting inventories

Lower-than-normal imports for the second straight month have depleted stocks in the world's biggest buyer of vegetable oils

Nissan picks insider Ivan Espinosa as successor for CEO Makoto Uchida

Uchida had been under pressure to step down following worsening earnings performance at Japan's third-largest automaker and the collapse of merger talks with Honda

Cyber fraud cases in India surged 4-fold in FY24, causing $20 mn in losses

Cyber literacy has lagged, leaving people vulnerable to fraud, with scammers impersonating officials or using AI to dupe unsuspecting people online

One killed in Ukraine's biggest drone attack on Moscow, transport disrupted

The strikes came as the United States is pushing for an end to the three-year war that Russia started with its invasion of Ukraine in February 2022

Trump likely wants minerals refining on Pentagon bases to boost US output

Move is one of several planned for an executive order Trump could sign as soon as Wednesday after he told the US Congress last week he would 'take historic action'