The Times of India - Business (26 minutes ago)
US President Trump has eased tariffs on various food items like beef, coffee, and fruits, signaling a policy shift to combat rising consumer costs. This move follows recent election results where economic concerns were prominent. While Trump claims other nations bear tariff costs, Democrats view this as an admission of harm to American shoppers.
ReadCBC - Business (36 minutes ago)
Guests and staff both found out about the bankruptcy on Sunday, with the business mandating all guests leave the Sonder properties the following morning. Sonder, originally founded in Montreal, had about 9,000 units in over 40 cities around the world.
ReadCBC - Business (3 hours ago)
Key economic data was not gathered during the U.S. government shut down — casting a fog of uncertainty over the state of the U.S. economy at a crucial time. The Canada-U.S. trade war has dragged on and the tariffs have begun to bite, but no one can say for certain whether that has slowed the economy.
ReadThe Times of India - Business (11 hours ago)
Switzerland will invest $200 billion in the US by 2028 following a trade agreement that significantly reduces tariffs on Swiss goods. The US has agreed to lower duties on most Swiss products to 15%, a substantial decrease from the previous 39% rate. This breakthrough offers much-needed relief to Swiss exporters after months of escalating trade...
ReadThe Times of India - Business (12 hours ago)
US stocks experienced volatility on Friday, with major AI-linked stocks like Nvidia swinging sharply, impacting broader indices. The S&P 500, Dow Jones, and Nasdaq all saw declines. Market sentiment was also influenced by interest-rate uncertainty and global market weakness.
ReadThe Times of India - Business (13 hours ago)
The Reserve Bank of India has introduced significant trade relief measures to support exporters facing global economic challenges. These measures include extended timelines for export proceeds realization and advance payments, along with temporary deferrals on loan repayments and working capital credit.
ReadCBC - Business (13 hours ago)
Many Canadians continue to boycott travel to the United States, and the U.S. economy is paying the price. A U.S. Travel Association report forecasts a 3.2 per cent decline in international tourism spending in the country for 2025, a loss of $5.7 billion US compared to the previous year.
ReadThe Times of India - Business (14 hours ago)
India is urging Russia to expedite approvals for its exporters, focusing on faster registration of marine and pharmaceutical products to boost bilateral trade. Discussions also covered agricultural exports and IT services, with both nations aiming to significantly increase trade by 2030. India highlighted its global capability centers as a resource...
ReadThe Times of India - Business (15 hours ago)
India now faces a 'reverse AI trade' scenario. This comes after a weak year where it lagged emerging markets significantly. However, strong domestic investor inflows prevented a steeper decline. Experts suggest India could benefit if the AI rally in other markets cools. The rupee has also shown signs of stabilization. Local real estate...
ReadThe Times of India - Business (16 hours ago)
India's foreign exchange reserves have declined for the third consecutive week, falling by $2.699 billion to $687.034 billion in the week ending November 7. This drop was primarily driven by a decrease in foreign currency assets and gold reserves, continuing a steady downward trend.
ReadThe Times of India - Business (17 hours ago)
India has removed mandatory quality checks on numerous raw materials, including textiles, plastics, and metals, offering immediate relief to manufacturers. This move aims to reduce delays and costs for businesses, especially MSMEs. However, experts urge close monitoring of imports to prevent dumping and protect domestic industries, advocating for...
ReadThe Times of India - Business (17 hours ago)
India's private sector hiring saw a marginal improvement in the first 10 months of 2025, driven by stronger demand and business sentiment. Large enterprises like Vedanta and RPG reported significant hiring growth, with employment indices rising in both manufacturing and services sectors. Economists anticipate continued momentum due to tax cuts and...
ReadThe Times of India - Business (18 hours ago)
India's 2025 primary market is witnessing a surge in large IPO subscriptions, a departure from previous cycles. Abundant institutional liquidity and sharper investor selectivity are driving this trend, with IPOs over Rs 5,000 crore averaging 17.7 times subscription. This indicates a maturing investor mindset rewarding scale, profitability, and...
ReadThe Times of India - Business (18 hours ago)
Reliance Industries is set to establish a 1 GW AI-focused data centre in Andhra Pradesh, complementing Google's earlier investment. This move aligns with the state's ambition to become a major data centre hub, aiming for 6 GW capacity. The agreement also includes a 6 GW solar power project and an integrated food park.
ReadThe Times of India - Business (19 hours ago)
Wholesale inflation turned negative in October, dropping to minus 1.21 percent. Prices for food, fuel, and manufactured items saw significant decreases. This broad-based correction, influenced by factors like GST rate cuts, also pushed retail inflation to a historic low. Economists anticipate the Reserve Bank of India may reconsider its policy...
ReadThe Times of India - Business (19 hours ago)
Gold prices declined in India's derivatives market on Friday, mirroring global trends as traders adjusted expectations for a US Federal Reserve rate cut. Domestic contracts saw a dip, with December futures settling lower. Globally, Comex gold hovered around $4,195 per ounce, influenced by a softer dollar and government data uncertainty.
ReadThe Times of India - Business (19 hours ago)
China's consumer spending growth slowed to its weakest pace in over a year in October, with retail sales rising just 2.9%. This highlights ongoing challenges in boosting household confidence amid property market stress and external uncertainties. Factory output also missed expectations, indicating a broader economic slowdown.
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