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US judges challenge claim that emergency law lets Trump impose tariffs

The US Court of Appeals for the Federal Circuit in Washington, D.C., is considering the legality of "reciprocal" tariffs that Trump imposed on a broad range of US trading partners in April

Tariffs drive June inflation rise in US, delaying Fed rate cut hopes

The personal consumption expenditures (PCE) price index rose 0.3 per cent last month after an upwardly revised 0.2 per cent gain in May, the Commerce Department's Bureau of Economic Analysis said

US SEC unveils major reforms to support crypto, blockchain trading

Securities and Exchange Commission Chair Paul Atkins said in remarks that he has directed commission staff to craft guidelines to determine when a crypto token is a security as well as proposals

Trump wants to see Russia-Ukraine peace deal by August 8, US tells UN

Trump said on Tuesday that the United States would start imposing tariffs and other measures on Russia '10 days from today' if Moscow showed no progress toward ending its war in Ukraine

US appeals court to decide legality of Trump's power to impose tariffs

A panel of all of the court's active judges, eight appointed by Democratic presidents and three appointed by former Republican presidents, will hear arguments scheduled to begin at 10 a.m. ET

India's garment and jewellery sectors fear for US orders after tariff shock

Key garment exporters including Welspun Living, Gokaldas Exports, Indo Count and Trident, make 40 per cent-70 per cent of their sales in the United States

Burger King India narrows Q1 loss as discounts draw budget customers

The company reported a net loss of 419.4 million rupees ($4.79 million) for the three months ended June 30, compared to a 493.6 million rupee loss a year earlier

GMR Airports finalises terms for largest bond issue worth ₹6,000 crore

It will also raise around ₹4,200 crore through the sale of three-year bonds, with large foreign lenders set to absorb this supply

RBI unlikely to revive daily fixed-rate lending despite market demand

The policy, called fixed rate liquidity operations, will help banks manage their needs better, several bankers proposed to the RBI in meetings held over the last few months

Asia likely to step up US WTI oil imports as West Asia prices rise

Middle East crude benchmarks Dubai and Murban gained this month on the back of robust demand for high-sulphur oil in Asia

PNB to focus on project financing to revive business loan growth: CEO

Apart from project financing, the bank will also target sectors such as real estate, rental discounting and data centres for lending opportunities, Chandra said

Asian stocks slide as weak China data, copper plunge rattle markets

The dollar held near a two-month high as investors weighed a Federal Reserve decision to hold rates steady and strong earnings from megacap tech firms

Trump says US, India still negotiating after 25% US tariff threat

The 25 per cent figure would single out India more severely than other major trading partners, and threaten to unravel months of talks between the two countries

Google to invest $6 billion in 1-GW data centre project in Andhra Pradesh

The search giant's data centre will be the largest in capacity and investment size in Asia and is part a multi-billion-dollar expansion of its data centre portfolio

US economy rebounds in second quarter; but underlying trend is soft

Gross domestic product increased at a 3.0 per cent annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis said in its advance estimate of second-quarter GDP on Wednesday

Aviation watchdog DGCA finds 263 lapses at Indian airlines in annual audit

The audits were carried out as part of International Civil Aviation Organization requirements and global best practices, the Directorate General of Civil Aviation (DGCA) said on Wednesday

Tesla inks $4.3 bn LGES battery deal to cut reliance on Chinese imports

LGES announced earlier on Wednesday that it had signed a $4.3 billion contract to supply LFP batteries over three years globally

India braces for higher US tariffs, eyes broader trade deal: Report

Trump said on Monday most partners that do not negotiate separate trade deals would soon face tariffs of 15 per cent to 20 per cent on their exports to the United States

UK may recognise Palestinian state in September unless Israel takes action

Starmer held a phone call with Israeli Prime Minister Benjamin Netanyahu before making his announcement, said a source, who asked not to be named

Varun Beverages tops profit forecast as cost control offsets weak sales

Domestic volumes declined 7 per cent for the PepsiCo bottler. Revenues also fell 2.3 per cent. However, the firm tightened its grip on costs