Global Trade War

Speed up reforms, ease export rules to attract investment, says emerging markets guru Mark Mobius

Emerging markets guru Mark Mobius on Tuesday urged the Indian government to accelerate reforms and ease rules for exports to take advantage of the ongoing trade war globally.

Arun Jaitley says global trade war may have created instability, but will help India emerge as bigger manufacturing base

Calling on businesses to adopt ethical practices, Jaitley said that entities should pay their due share of taxes as the Insolvency and Bankruptcy Code (IBC) will shut doors on ‘fly-by-night' operators.

Sensex recovers over 100 pts on value buying in healthcare, consumer durables stocks; Nifty reclaims 11,000

Rising crude and global trade tensions weighed on market sentiment ahead of the US Federal Reserve's meeting.

US-China trade war fallout: Jack Ma says Alibaba can no longer meet its promise to create 1 million jobs in America

Ma has already warned that the trade war between the world’s two largest economies could last decades and that China should focus exports on the “Silk Road” trade route

Jack Ma says US-China trade friction could last 20 years, Chinese businesses may move production to other countries

Ma said trade tensions would likely impact Chinese and foreign companies immediately and negatively

Govt again extends deadline to impose higher customs duties on 29 US products till 2 November

The duty hike move by India was in retaliation to US President Donald Trump's 9 March decision to impose heavy tariffs on imported steel and aluminium items

Rupee crashes to fresh record low of 72.69, down 24 paise on higher crude prices, capital outflows and trade war concerns

The rupee is the latest currency to be dragged down by fears that an escalating trade war could hurt global growth and severely affect Asian economies.

Rupee freefall continues: Currency hits new record low of 72.73, down 28 paise on global concerns

On Tuesday morning, the rupee opened on a positive note by inching 15 paise higher at 72.30 against the US dollar amid increased selling by banks and exporters.

Rupee in free-fall: Currency cracks below 72-mark to end at record low of 72.45 on global concerns

Heavy speculative dollar demand along with panic among importers sent the rupee tumbling by a sharp 94 paise to hit a historic low of 72.67 in mid-morning trade, triggering the central bank intervention to defend the currency.

Daniel Zhang, low-key CEO, will succeed Jack Ma at Alibaba: All you need to know about the 'free and unfettered' executive

Little is known outside the company about Zhang, a soft-spoken accountant who goes under the epithet “Xiaoyaozi” at work - literally meaning the “free and unfettered one.”