Page 2 - Latest News

Trump invokes 1974 trade law to impose 10% global tariff after SC setback

US President invokes Section 122 to impose 150-day import surcharge from February 24, citing a widening balance-of-payments deficit after Supreme Court strikes down reciprocal tariffs

US Treasuries fall after Supreme Court scraps President Trump's tariffs

Yields rose broadly following the court's decision with the rate on the benchmark 10-year note climbing to 4.10%

Nothing changes in terms of trade deal with India: Donald Trump

Trump's remarks came after the US Supreme Court ruled that he could not rely on the International Emergency Economic Powers Act to impose sweeping tariffs on imports

AI-driven coding delivering real productivity gains, says Zoho's Vembu

Sridhar Vembu says AI-driven coding is making dramatic productivity gains and transforming software work, even as Zoho broadens its ambitions into deep-tech fields such as hardware and quantum sensing

India, Brazil set to sign pharma, aerospace, trade pacts during Lula visit

India and Brazil are poised to sign private-sector agreements across pharma, aerospace, ethanol and trade during President Lula's visit, as both nations expand cooperation in critical minerals and AI

Peak XV closes $1.3 bn across India and APAC funds after Sequoia split

Peak XV Partners has closed $1.3 bn across three funds-its first independent raise since parting from Sequoia-targeting AI, fintech, consumer tech and deeptech ventures in India and APAC

Nabfid withdraws 3-year bond sale as bid yields exceed expectations

NaBFID withdrew its maiden three-year bond issue after investors sought higher yields amid hardening G-sec rates and geopolitical tensions that dampened market sentiment and pricing

Need to be alert about AI for transparency: CCI chairperson Ravneet Kaur

CCI Chairperson Ravneet Kaur says regulators must stay alert as AI adoption accelerates, stressing transparency, accountability and competition safeguards to prevent unfair conduct in digital markets

MPC minutes: Members stay growth-supportive amid benign inflation outlook

The MPC unanimously decided to keep the policy repo rate unchanged during its February meeting

TCS CEO & MD K Krithivasan sees no major shrinkage of jobs due to AI

TCS CEO K Krithivasan said AI will not cause significant job shrinkage in software engineering, noting evolving roles and sustained need for system integration despite rising automation

Best of BS Opinion: Credibility tests across tech, policy and sport

Here are the best of Business Standard's opinion pieces for today

TryfactaConnex to invest $7.7 bn in UP for AI infra, 1-GW data campus

TryfactaConnex has signed an MoU with the Uttar Pradesh government to launch a large-scale India AI infrastructure platform, investing $7.7 bn to build a 1-GW hyperscale data centre campus

Novartis AG to exit listed India unit in $159 mn deal with ChrysCapital

Novartis AG will divest its entire stake in Novartis India to a ChrysCapital-led consortium for Rs 1,446 crore, triggering an open offer that could push the deal size to nearly Rs 2,000 crore

Tata Motors to widen BaaS beyond Punch.ev to lift entry-level EV adoption

Tata Motors aims to drive EV uptake in the sub-Rs 12 lakh segment by extending battery-as-a-service beyond Punch.ev, targeting buyers who need lower upfront prices and usable range

AI applications to drive cash flows in India: 3one4 Capital's Siddarth Pai

India's AI opportunity lies in applications solving real-world problems, not costly foundational models, says 3one4 Capital's Siddarth Pai

Near-term outlook favourable to sustain high growth, says RBI report

RBI's monthly report says India's near-term outlook remains strong, supported by benign inflation, fiscal consolidation and renewed FPI interest after trade deals with the EU and the US

Datanomics: India's AI moment faces a compute and capital reality check

India shines as a global AI talent hub, but weak compute infrastructure and limited investment expose gaps that could constrain its ambition to compete with the US and China

Security upgrade: SMS-less UPI signup may be launched by next year

NPCI is working on an SMS-less, silent device-binding process for UPI to improve security and onboarding, with rollout expected over the next 12-18 months

All major countries on board to sign AI Delhi declaration: Ashwini Vaishnaw

Details about New Delhi Declaration expected to be announced on Saturday

AI agents to replace OS, apps in mobile phones: Qualcomm CEO Cristiano Amon

Cristiano Amon says AI agents will sit at the centre of mobile devices, reshape 6G networks and power smart manufacturing as India eyes a larger global tech role