Page 93 - Reuters

Geopolitical tensions, US tariffs may hit India's auto sales, warns Fada

Retail volumes fell 9.4 per cent in June from a month ago and the average time a car stayed in a showroom, or inventory days, rose to about 55 days from 52-53 days in May

Asia stocks fall on US tariff uncertainty, oil slips on Opec+ move

The United States is close to finalising several trade agreements in the coming days and will notify other countries of higher tariff rates by July 9

Trump-Musk feud: Elon should stay out of politics, says Bessent

Musk announced on Saturday that he is establishing the "America Party" in response to Trump's tax-cut and spending bill, which Musk said would bankrupt the country

China retaliates to EU ban with import restrictions on medical devices

Tensions between Beijing and Brussels have been rising, with the European Union imposing tariffs on China-built electric vehicles and Beijing slapping duties on imported brandy from the bloc

Birkenstock cracks down on fakes as teams inspect India units: Report

In May, Birkenstock filed an infringement lawsuit in the Delhi High Court against four footwear traders, four factories and two unnamed individuals

Brics finance ministers make unified proposal for voting reform at IMF

The joint statement by the group's finance ministers marks the first time the Brics countries have agreed on a unified position on the proposed reforms

US will start talks with China on possible TikTok deal this week: Trump

Last month, Trump extended the deadline to September 17 for China-based ByteDance to divest the US assets of TikTok

Zelenskyy, Trump talk Patriot missile deal, defence against Russia

He added in his account on Telegram that he discussed joint defence production, as well as joint purchases and investments with the US leader

Dabur India sees Q1 profit growth hit by unseasonal rains, shorter summer

The firm said that India's consumer sector recorded a sequential recovery in demand in the April-June period, with volume growth picking up in urban markets

Google faces EU antitrust complaint over AI overviews by publishers

The company is making its biggest bet by integrating AI into search but the move has sparked concerns from some content providers such as publishers

India's liquidity surplus unlikely to lift credit growth, says JP Morgan

While surplus liquidity influences overnight borrowing costs, a recent analysis by the firm showed it does not impact credit or deposit growth in the economy

India planning ₹2,000 crore drone incentive after Pakistan conflict

India's push to build more home-grown drones stems from the four-day clash with Pakistan in May that marked the first time New Delhi and Islamabad utilized UAVs at scale against each other

India eyes foreign copper firms with overseas mining links: Govt report

The growing need for concentrate imports necessitates diversification of supply and foreign asset acquisitions, the government document said

Who is Jane Street, the US trading firm under Sebi scanner in India

The markets regulator also impounded $567 million from US-based Jane Street, which said it disputed the findings

Trump, disappointed by call with Putin, to speak with Zelenskyy on Friday

US efforts to end Russia's war in Ukraine have stalled, with Trump facing increasing pressure, including from Republicans, to push Putin to engage in serious negotiations

Asian stocks wobble, dollar edges down with July 9 tariff deadline in focus

The dollar retraced some of Thursday's gains with US markets already shut for the week, as traders considered the impact of the sweeping spending bill Trump is about to sign into law

US House Republicans move Trump's major tax-cut bill toward final vote

During a marathon overnight session, lawmakers cleared a final procedural hurdle needed to begin debate on the bill in a 219-213 vote at around 3:30 a.m. ET (0730 GMT)

US job growth masks weakness amid Trump's aggressive tariffs on imports

Government employment rose by 73,000, boosted by a 40,000 increase in state government education, which economists brushed off as a seasonal quirk related to the end of the school year

IMF says US tax, spending bill runs counter to deficit-cutting advice

Bessent, who manages the US stake, has criticized the Fund for straying too far from its core economic stability and surveillance missions

With $3.92 trn valuation, Nvidia on track to become most valuable company

The shares were last up 1.5 per cent at $159.60, leaving Nvidia's stock market value at $3.89 trillion, just short of Apple's record