The Times of India - Business (16 minutes ago)
Following the Pahalgam terror attack and geopolitical tensions, Indian companies and consumers are increasingly boycotting Pakistan and its allies like Turkey and Azerbaijan. This includes trade restrictions, cancellation of contracts with Turkish firms, and a significant drop in travel bookings.
ReadThe Times of India - Business (3 hours ago)
Following the Pahalgam terrorist incident, India has intensified scrutiny of imports from the UAE, Iran, and other Gulf nations to prevent Pakistani goods from entering indirectly. A complete ban on Pakistani goods is now in effect, with strict verification of import labels and origin criteria.
ReadThe Times of India - Business (5 hours ago)
A mix of Democratic and Republican state attorneys on Friday called on Congress to reject a moratorium on regulating artificial intelligence included in US President Donald Trump's tax bill. Top attorneys representing 40 states signed a letter urging leaders in Congress to reject the AI regulation moratorium language added to the budget...
ReadCBC - Business (11 hours ago)
On the campaign trail, Mark Carney's Liberals promised Canadians the "most ambitious housing plan since the Second World War.” CBC News spoke with a construction industry leader, an economist, a human rights advocate and an urban planner about the plan.
ReadThe Times of India - Business (13 hours ago)
Hyundai plans a major India expansion. The company will launch 26 new cars in the next five years. This includes electric, hybrid, and petrol models. Hyundai will invest Rs 7,000 crore. The company aims for a bigger market share. They are focusing on profits, not discount wars. Eight new models are expected by FY27.
ReadThe Times of India - Business (13 hours ago)
India's trademark filings surged by 9.3% in 2024, positioning it third globally with 5.4 lakh applications, closely trailing the US. Fueled by a robust domestic brand sector, India's rapid growth, averaging 10% annually over the past decade, may see it surpass the US in filings by 2026, reflecting strong business confidence and IP awareness.
ReadThe Times of India - Business (13 hours ago)
Snack demand in India remained stagnant in FY25 due to factors like consumption fatigue and high prices, with households maintaining or slightly reducing purchases of biscuits and noodles. While larger brands experienced slower growth, some consumers shifted to local brands to save costs. Companies are now focusing on flexible pricing and pack...
ReadThe Times of India - Business (13 hours ago)
Indian IT firms like Infosys and Wipro have seen median salary growth of around 30% since FY21, reaching approximately Rs 10 lakh. Global companies Cognizant and Accenture experienced increases of 12% and 17.5% respectively. However, growth rates have generally declined across the industry, influenced by factors like competitive intensity and...
ReadThe Times of India - Business (13 hours ago)
Dalal Street witnessed a significant rally following the Indo-Pak ceasefire, adding over $300 billion to investor wealth. The Sensex and Nifty climbed, fueled by foreign and domestic fund inflows, a fall in retail inflation, and expectations of RBI rate cuts. Smallcap and midcap stocks outperformed, with defense and railway sectors experiencing...
ReadThe Times of India - Business (14 hours ago)
The Indian rupee weakened slightly to 85.57 against the US dollar due to negative equity market sentiment, rising crude oil prices, and a widening trade deficit, despite strong foreign capital inflows. India's trade deficit widened to a five-month high in April, with imports surging. However, foreign exchange reserves rose, driven by a jump in gold...
ReadThe Times of India - Business (14 hours ago)
US consumer sentiment plummeted in May to its lowest since June 2022, driven by escalating inflation concerns tied to President Trump's trade policies. Despite recent tariff reductions with China, inflation expectations surged, with consumers anticipating a 7.3% rise over the next year. This persistent anxiety may influence the Federal Reserve's...
ReadThe Times of India - Business (15 hours ago)
India's wheat procurement has exceeded last year's figures, reaching 28.66 million tonnes in the 2025-26 marketing year, marking the highest level since 2022-23. This increase is driven by expectations of a record wheat output of 115.3 million tonnes. As of May 16, key procuring states like Punjab, Madhya Pradesh, and Haryana have all shown higher...
ReadThe Times of India - Business (15 hours ago)
The Confederation of All India Traders (CAIT) has announced a nationwide boycott of trade relations with Turkey and Azerbaijan, triggered by their support for Pakistan after India's Operation Sindoor. This includes halting imports, discouraging business engagements, and boycotting Indian films shot in those countries.
ReadThe Times of India - Business (16 hours ago)
Donald Trump has expressed his disapproval of Apple's expansion plans in India, urging CEO Tim Cook to shift iPhone production to the United States. Apple's current manufacturing setup in India accounts for 15% of its total production. But how easy is it for Apple to shift production to the US? We dive in:
ReadThe Times of India - Business (16 hours ago)
Vodafone Idea has warned the Department of Telecommunications that it may not survive beyond FY26 without government assistance on adjusted gross revenue (AGR) dues. The company is seeking a waiver of approximately Rs 30,000 crore in AGR dues and has proposed a payment plan to the government.
ReadThe Times of India - Business (17 hours ago)
India is emerging as a promising investment destination amid global economic uncertainties, driven by its robust growth and potential trade deal with the US. Despite a slight downward revision in GDP forecast, investor confidence is surging, reflected in renewed capital inflows and a thriving domestic stock market.
ReadThe Times of India - Business (17 hours ago)
Novo Nordisk's CEO, Lars Fruergaard Jorgensen, will step down amidst market challenges and a significant stock price drop, exceeding 50% since June 2024. Increased competition from compounded versions of Ozempic and Wegovy, along with Eli Lilly's Zepbound gaining market share, contributed to the decision.
ReadThe Times of India - Business (18 hours ago)
India's foreign exchange reserves experienced a notable increase of $4.553 billion, reaching $690.617 billion for the week ending May 9, driven by a substantial surge in gold assets. Foreign currency assets saw a slight rise, while gold reserves significantly boosted the overall increase. However, Special Drawing Rights and the reserve position...
ReadThe Times of India - Business (19 hours ago)
India's export profile is undergoing a transformation, with high-tech sectors like electronics, engineering, pharmaceuticals, and agriculture now contributing over 50% of total exports in FY25. This shift, driven by policies like PLI and Make in India, reflects a move towards innovation-driven segments. Engineering goods led with 26.67%, while...
ReadThe Times of India - Business (19 hours ago)
Japan's economy contracted by 0.7% in the first quarter, impacted by weak domestic demand and declining exports, even before the full effect of US tariffs. Analysts warn that the situation could worsen, potentially leading to calls for increased fiscal spending. The Bank of Japan faces pressure to hold back on further interest rate hikes amid fears...
ReadThe Times of India - Business (19 hours ago)
Defence sector stocks surged following India's counter-terror operations, with Paras Defence leading the rally at 18.90%. Operation Sindoor, launched in response to the Pahalgam attack, fueled investor interest in aerospace, missile, and drone manufacturing companies. Despite the defence sector's gains, broader markets experienced a decline, with...
ReadThe Times of India - Business (19 hours ago)
US markets saw slight pre-market gains Friday, awaiting consumer sentiment and inflation updates. The Dow dipped, while Nasdaq and S&P 500 rose modestly. Gold fell, but oil prices increased amid supply concerns. Treasury yields declined, signaling bond buying. Investors remain cautious due to trade uncertainties and warnings of potential supply...
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