‘Take it or leave it’: Donald Trump says US tariff letters ready for 12 countries ahead of July 9 deadline; will be sent out from…

‘Take it or leave it’: Donald Trump says US tariff letters ready for 12 countries ahead of July 9 deadline; will be sent out from…

The US president and his senior officials had initially planned to engage in tariff rate discussions with many countries. (AI image) Donald Trump’s tariff deadline: Ahead of his self-imposed deadline on reciprocal tariffs, US President Donald Trump has said that 12 countries will be getting letters Monday onwards detailing their tariff rates. It is yet…

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Gold gains on Trump’s latest tariff salvo

Gold gains on Trump’s latest tariff salvo

Gold rose – putting it on track for a 2% weekly gain – as President Donald Trump said some US trading partners would face tariffs from Aug 1. Bullion rose 0.5% to around $3,340 an ounce on Friday as investors weighed the latest trade comments from the president, who said the administration will start sending…

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India-EFTA trade deal: Pact to kick in next couple of months, says Piyush Goyal; deal promises 0 bn investment & duty cuts on key goods

India-EFTA trade deal: Pact to kick in next couple of months, says Piyush Goyal; deal promises $100 bn investment & duty cuts on key goods

The free trade agreement between India and the European Free Trade Association (EFTA) is likely to be implemented in the next couple of months, Commerce and Industry Minister Piyush Goyal said on Friday.India and the four-nation EFTA bloc—comprising Switzerland, Norway, Iceland, and Liechtenstein—had signed the Trade and Economic Partnership Agreement (TEPA) on March 10, 2024….

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Telecom earnings preview: Jio may lead in revenue growth; Airtel likely to top ARPU number, Vi steadies user base

Telecom earnings preview: Jio may lead in revenue growth; Airtel likely to top ARPU number, Vi steadies user base

Reliance Jio may have outpaced Bharti Airtel in both overall revenue and per-user revenue growth in the June quarter, aided by strong additions in its high-paying fixed wireless access (FWA) home broadband segment, analysts said ahead of the telecom sector’s first-quarter earnings.Market leader Jio is expected to report a 1.8% sequential jump in average revenue…

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Trent share price today: Stock drops around 9% after slower growth outlined at AGM; Nuvama downgrades

Trent share price today: Stock drops around 9% after slower growth outlined at AGM; Nuvama downgrades

Nuvama expressed its concerns about the potential slowdown in Trent’s growth. (AI image) Trent Ltd, a Tata Group company, saw a significant share price decline of 8.7% to Rs 5,652 on the National Stock Exchange on Friday. This drop followed the company’s AGM announcement regarding slower revenue growth, leading Nuvama brokerage to revise its rating…

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Asian equities mixed as Trump’s tariff deadline looms; US jobs data surprises and Wall Street surges

Asian equities mixed as Trump’s tariff deadline looms; US jobs data surprises and Wall Street surges

Asian markets waver as Trump’s Tariff deadline nears (Image credits: AP) Asian markets showed mixed movement on Friday as investors treaded carefully ahead of a looming US tariff deadline set by President Donald Trump. The uncertainty overshadowed positive cues from Wall Street, where a strong US jobs report lifted major indexes to record highs.Trump told…

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Moonlighting on rise, IT cos tighten checks

Moonlighting on rise, IT cos tighten checks

BENGALURU: Amid low single-digit salary hikes and growing job market unpredictability, the IT industry is witnessing a sharp rise in moonlighting-related verifications. Companies now scan for overlapping employment – clear indicators of concurrent roles or undisclosed prior engagements. Such discrepancies are automatically flagged and escalated for client review. The final determination of risk or policy…

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Donald Trump’s tariff impact on trade: India may benefit from lower US duties; Moody’s sees manufacturing boost amid APAC disruption

Donald Trump’s tariff impact on trade: India may benefit from lower US duties; Moody’s sees manufacturing boost amid APAC disruption

India may face fewer tariff headwinds from the US than many of its Asia-Pacific peers, helping the country attract greater investment flows and strengthen its position as a global manufacturing hub, Moody’s Ratings said on Thursday.The ratings agency, in its outlook on APAC sovereigns, noted that several export-heavy economies across the region were hit by…

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