Business News - Page 3

No more cheap flights? AI pricing can take ticket costs to your personal “pain point” payment

In contrast to pricing strategies of the past (think: yield management, seasonal variation, and advance purchase discounts), AI could use predictive behavioural manipulation-- taking what it knows of the consumer and warping the price accordingly

‘Everyone’s a loser’: From Canada to Laos, Trump’s sweeping tariffs spare no one, not even the US

President Donald Trump’s tariff onslaught this week left a lot of losers – from small, poor countries like Laos and Algeria to wealthy US trading partners like Canada and Switzerland. They’re now facing especially hefty taxes – tariffs – on the products they export to the United States starting Aug. 7.

Has India really stopped buying oil from Russia as Trump claims?

US President Donald Trump says India 'is no longer going to be buying oil from Russia', calling it a 'good step' if true. But Indian officials deny knowledge of any halt, while reports suggest some state refiners briefly paused purchases

Trump new tariffs: How India stacks up against rest of Asia

US President Donald Trump’s sweeping new tariffs — reaching up to 41 per cent — have redrawn global trade lines. India now faces a 25 per cent duty as negotiations stall, while Japan, Thailand and others negotiated reductions. With Asian markets wobbling and currencies sliding, what’s next for the region?

Trump’s tariffs and Russia penalty: How much does India depend on Moscow?

US President Donald Trump has slapped 25 per cent tariffs on Indian goods, citing trade deficits and India’s deepening energy and defence ties with Russia. With talk of an added 'penalty' for Moscow links, India faces one of its toughest balancing acts yet — defending vital oil and arms imports while safeguarding its US trade relationship

What do Trump's 25% tariffs mean for India?

India will face steep tariffs of up to 25 per cent as trade talks with Washington stall ahead of the August 1 deadline set by US President Donald Trump. Negotiations are dragging and key players in pharma, auto and electronics are on edge

Are mutual funds still the middle class’s best bet for wealth building?

In the pre-2015 era, mutual funds faced little competition outside traditional insurance, FDs, and gold

Tariff tracker: Can key nations strike tariff deals with the US before August 1 deadline?

US tariff negotiations have heated, as the August 1 deadline looms, with countries scrambling to avoid steep new duties. Deals with the EU, Japan and others have been struck, but talks with South Korea, India, Taiwan, Canada, Mexico and Brazil remain fraught

'Very close to China deal': Trump hopeful as trade negotiators meet in Stockholm

US President Donald Trump said his administration is very close to a trade deal with China as senior negotiators from both nations meet in Stockholm

In Putin vs Trump tiff, rouble trouncing dollar with 45% rise against US currency this year

The Russian rouble witnessed a 45% rise against the US dollar since early 2025. However, businesses argued that the currency's rise in value is making exports more expensive to buyers purchasing in dollars or any other currency. 

Who pays GST on bonuses that cover your GST on online gaming bets?

India’s online gaming industry is facing a fresh tax quandary as authorities move to levy GST on promotional bonuses that are specifically designed to cover the GST paid by users on their bets

Vy Capital and Elon Musk: What is the secretive investment firm behind the tech billionaire?

With a skeleton crew and zero fanfare, Vy Capital quietly became one of Elon Musk’s biggest financial backers — funding SpaceX, xAI, Neuralink, and Twitter (now X). Now, the $15 billion firm is shutting its doors to outside investors. Who are the power players behind Vy, and why have they stayed so silent?

Hindustan Unilever gets its first woman boss. Who is Priya Nair?

For the first time in its 92-year history, Hindustan Unilever Ltd (HUL) has appointed a woman, Priya Nair, as its next Chief Executive Officer and Managing Director. She currently heads Unilever’s Beauty and Wellbeing division, a business worth 13 billion euros that includes brands like Dove, Sunsilk, Clear, and Vaseline. She will take on her new role from August 1, 2025

From Canada to every corner of Asia: Which countries have received Trump's tariff letters?

Over 20 nations — from economic allies like Canada and Japan to developing economies such as Cambodia and Sri Lanka — have received letters from Donald Trump threatening steep tariffs by August 1. With rates reaching as high as 50 per cent, countries are rushing to negotiate new trade terms, while the US President warns against retaliation or attempts to bypass duties

Nvidia makes history as first company to hit $4 trillion market value

Top chipmaker Nvidia created history after it became the first company to hit $4 trillion in market valuation as its stock price continues to rise steadily despite Trump tariffs

Global stocks remain mostly up despite new Trump tariffs, Nasdaq hits a fresh record

The tech-rich Nasdaq Composite Index vaulted nearly one per cent higher to a fresh all-time high, while artificial intelligence giant Nvidia touched $4 trillion in market value before falling back slightly.

Trump’s 200% pharma and 50% copper tariffs: How badly could they hit Indian exports?

Donald Trump’s steep new tariffs — 200 per cent on pharmaceuticals and 50 per cent on copper — could reshape India’s trade with the US. While copper exports may remain largely insulated, the pharma sector, which heavily depends on the US market, faces serious disruption

How much is Brics worth for India? A look at business, trade links

India’s total trade with Brics nations touched $399 billion in 2024, growing at an annual rate of 20 per cent since 2020. The platform gives India access to vast markets, although trade deficits need to be addressed

Nutella prices to spike? Why your beloved spread may soon cost more

Nutella prices may soon climb after Turkey — the world’s top hazelnut producer — was hit by a devastating spring frost that wiped out large swathes of crops. As the firm behind the brand faces rising raw material costs, global supply shortages loom. Could this climate-driven event mean higher prices for your favourite hazelnut spread?

Capgemini acquires India-based WNS for $3.3 billion to boost AI business services

Capgemini expects the deal to be closed by the end of 2025 and be immediately accretive to its revenue and operating margin

Setback for Trump: South Korea calls trade talks ‘very difficult’, deal unlikely before July 9 deadline

Trade discussions have already been delayed for months due to political instability in South Korea following the impeachment of Lee’s conservative predecessor Yoon Suk Yeol

Mercosur-EFTA deal: South America, Europe forge new economic corridor with free trade pact

South America's largest trading bloc, Mercosur has signed a trade deal with the four-nation European Free Trade Association (EFTA) after 10 years of negotiation amid global economic uncertainties

US dollar just had its worst start since 1973. What triggered this collapse?

The US dollar has suffered its sharpest six-month decline since 1973, falling 10.8 per cent amid Donald Trump’s sweeping tariffs, surging national debt and waning investor confidence. As central banks reduce their dollar exposure and gold prices soar, concerns grow about America’s fiscal path, Federal Reserve pressure, and the dollar’s role as a global safe-haven currency

Nvidia executives sell-off over $1 billion in stock amid soaring valuation

Nvidia Chief Executive Jensen Huang began selling stock this week for the first time since September. Other senior executives and directors have also tapped the market

India Finally Heard the Voice of Its Children — Because One State First Listened

This revolution was not led by labs. It was led by mothers

US economy shrinks 0.5% in Q1 as import surge, Trump’s tariff threats weigh on growth

The US economy contracted more than previously estimated in the first three months this year, according to government data released Thursday, with consumer spending and exports weaker than expected.

Smile Hair Clinic: A Top Destination for Hair Transplants in Turkey

Smile Hair Clinic has built a global reputation, welcoming patients from Europe, North America, the Middle East, and beyond

India-US trade talks hit roadblock over tariffs ahead of Trump’s July 9 deadline

Trade talks between India and the US have hit a roadblock over disagreements on import duties for auto components, steel and farm goods, Indian officials with direct knowledge said, dashing hopes of reaching a deal ahead of President Donald Trump's July 9 deadline to impose reciprocal tariffs.

Heightened tensions in West Asia pull Sensex & Nifty down, but defence stocks soar

Shares of Apollo Micro Systems and IdeaForge Technology surged 10% each. GRSE stocks rose 6.25%, while Swan Defence and Heavy Industries gained nearly 5%

Trump tariffs hit China hard, 40% drop in small parcel Chinese shipments to US

Chinese exporters are hit hard by US President Trump's tariffs, with a 40% drop in low-value parcel exports to the US in May year-on-year. The reason behind the drop is that Trump's administration plans to charge 54% tariffs on less expensive products