Business News

Business

Tech Stocks Plunge Amid Uncertainty Over US Spending and Trade Policies

Tech stocks, especially Indian IT firms, plummeted following US trade policy announcements, with major companies like TCS and Infosys seeing significant drops. Experts warn of broa...

Business

Trump Administration Spares Indian Pharma from Tariffs, But for How Long?

The Trump administration's tariff exemption on Indian pharma imports brings temporary relief to a vital sector, while the medical device industry faces new challenges with reciproc...

Business

Indian Markets Show Resilience Despite Trump's Tariff Announcement: A Close Look at Day 1 Impact

Despite initial fears, Indian markets showed resilience on Day 1 following Trump's tariff announcement, with Sensex and Nifty closing only marginally lower. Global markets, however...

Business

Raghuram Rajan Criticizes US Tariffs as a 'Self-Goal', Highlights Impact on India

Raghuram Rajan, former RBI governor, criticizes US tariffs as harmful to the US economy and discusses the nuanced impact on India, highlighting the complexities of global trade dyn...

Business

Indian Rupee Gains Strength as Dollar Index Hits Six-Month Low Amid Global Economic Shifts

The Indian rupee gained strength against the dollar, closing at 85.43, as global economic pressures and a drop in the dollar index to a six-month low favored emerging market curren...

Business

UltraTech Cement Expands Empire with Strategic Rs 235 Crore Acquisition of Patni's Putty Business

UltraTech Cement acquires Wonder Cement's white cement business for Rs 235 crore, aiming to expand its putty production capacity in a competitive market. The deal highlights UltraT...

Business

Trump's Tariff Hike Sparks Fear Among Indian Jewellers: US Demand Drops, Jobs at Risk

US President Trump's 27% tariff on Indian gems and jewellery imports threatens to reduce demand in the US, risking jobs in India's export-dependent industry. Industry leaders call ...

Business

Deloitte Announces Workforce Reduction in US Government Consulting Amid Federal Cost-Cutting Pressures

Deloitte is cutting jobs in its US government consulting sector due to federal pressure to reduce costs, despite overall strong demand for its services. The exact number of layoffs...