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US Prez Trump threatens to impose 50% tariff on EU nations from June 1

Trump said in comments on social media that the EU was "very difficult to deal with" and "our discussions with them are going nowhere.''

Devyani International posts Q4 loss of ₹49 cr amid rising expenses

(Reuters) -Devyani International, which operates KFC and Pizza Hut restaurants in India, posted a wider loss in the fourth quarter on Friday, as rising costs took a toll.

India may soon allow US, foreign companies to bid for govt contracts

The government is likely to allow US firms to bid for contracts worth over $50 billion, mainly from federal entities, as it negotiates a trade deal with Washington.

Honasa Consumer targets double-digit revenue growth, eyes Mamaearth revival

Honasa said last year that Mamaearth's growth had lagged its own expectations for the last few quarters due to shifting consumer preferences, with company noting that it needed to refresh production

RBI reviewing shareholding norms for banks, says Guv Sanjay Malhotra

While India permits 74% foreign direct investment in private banks, it restricts a single financial entity from holding more than 15% unless a regulatory exemption is granted.

Trump's Golden Dome plan could launch new era of weapons in space

While the world's biggest space powers - the US, Russia and China - have put military and intelligence assets in orbit since the 1960s, they have done so mostly in secrecy

Reliance to start solar module factory this year for clean energy: Official

India has been scrambling to meet its clean energy targets after falling short in 2022

India's finished steel imports fall 11.3% in Apr on slower China shipments

Finished steel shipments from China fell to 0.1 million metric tons in April, down 26.5 per cent from a year ago

Banks seek overnight liquidity ops, easier reserve norms from RBI

RBI's main cash management tool has been the 14-day variable repo since a change in 2020 that was intended to lower banks' reliance on the RBI and push them to better predict their liquidity needs

Leela hotels-owner Schloss cuts IPO size by 30% as debt burden eases

Indeed, several IPO hopefuls have either delayed or downsized their IPO plans as global trade worries and a domestic border conflict pressured markets

India's Russian oil imports hit 10-month high on strong ESPO demand

More ESPO was offered to India as Chinese state-owned companies continue shunning sanctioned crudes and crude quotas are running tight for Chinese independent refiners, analysts said

India's Russian oil imports hit 10-month high on strong ESPO crude demand

India's strong demand has led to a rebound in spot premiums for ESPO cargoes delivered to China, the biggest buyer of the crude exported from the Far East port of Kozmino

Fortnite back on Apple App Store after 5-year ban, but US-exclusive for now

Fortnite's developer Epic Games hailed its app's long-awaited restoration to the iPhone and iPad in a Tuesday post

Asian stocks edge up as US trade deals, Mideast tensions curb risk appetite

The MSCI's broadest index of Asia-Pacific shares outside Japan crept up 0.5 per cent, while Japan's Nikkei was down 0.18 per cent

No deadline can be set for Ukraine memorandum: Kremlin spokesperson

"The drafts will be formulated by both the Russian and Ukrainian sides, these draft documents will be exchanged, and then - complex contacts to develop a single text," the Kremlin spokesman said

Leela's owner Schloss cuts IPO size by 30% to ₹35 bn amid market volatility

India's blue-chip Nifty 50 has rebounded in recent weeks and is up 4% for the year, after the country held a ceasefire with Pakistan and as some trade tensions eased

Trump to make Golden Dome announcement on Tuesday, says US official

Trump plans to make a 3 p.m. (1900 GMT) announcement in the Oval Office with Secretary of Defense Pete Hegseth, the White House said in an update to the president's schedule

IHH unit seeks $1.3 bn in damages from Daiichi Sankyo over Fortis deal

The latest petition filed by NTK seeks another 2.7 million rupees for losses arising from the unit's defamation claim against Daiichi Sankyo and accrued interest on the damages claimed

Asian stocks rise as investors weigh US debt, upcoming trade deals

With little indication of trade deals on the way, markets are struggling for direction, analysts said

US imposes visa bans on Indian travel agents over illegal migration links

The move comes amid President Donald Trump's broad crackdown on migration to the United States and efforts to deport undocumented immigrants in the country