India, Indonesia sets $50 billion as bilateral trade for 2025
India and Indonesia on June 29 set an ambitious USD 50 billion targets for bilateral trade over the next six years as Prime Minister Narendra Modi and President Joko Widodo discussed ways to deepen cooperation in a number of key areas…
Wall Street wraps up its best June in decades as G20 meets
Wall Street advanced in heavy trading on Friday, with the S&P 500 and the Dow closing the book on their best June in generations, ahead of much-anticipated trade talks between U.S. President Donald Trump and Chinese counterpart Xi Jinping…
Britannia Industries denies reports over resignation of its MD Varun Berry
FMCG major Britannia Industries on June 26 dispelled speculations over the resignation of its Managing Director Varun Berry from the company.Terming the speculations as "false" as well as "incorrect and baseless," Britannia Industries…
Bayer to invest $5.6 billion in Weedkiller research
Germany’s Bayer sought to repair its reputation on Friday after damage caused by U.S. litigation over claims its glyphosate pesticide causes cancer, saying it would invest 5 billion euros ($5.6 billion) in weedkiller research.Bayer’s…
Chipmakers, trade fears push stocks lower in early trading
NEW YORK: U.S. stocks fell in early trading Friday on Wall Street after a major chipmaker issued a sharp warning about how the US-China trade war is disrupting a key industry.Technology led the broader market lower at the end of an uneven…
India to increase tariff duties on 29 additional US products
After extending the deadline for several times, India has decided to impose additional customs duties on 29 US products, including almond, walnut, and pulses, with effect from June 16, sources said. A notification with this regard will be…
Prime Minister Narendra Modi hits out at unilateralism and trade protectionism at SCO Summit
Prime Minister Narendra Modi on June 14 hit out at unilateralism and trade protectionism and said that there is a need for a rules-based, anti-discriminatory and all inclusive WTO-centred multilateral trading system, amidst the raging trade…
China’s industrial growth reports 17 years low in May
China’s industrial output growth unexpectedly slowed to a more than 17-year low in May, while investment also cooled, in the latest sign of weakening demand in the world’s second-largest economy as the United States ramps up trade pressure. …
Donald Trump warns to increase tariffs on $300 billion worth of Chinese goods
President Donald Trump warned on June 10 he will slap huge new tariffs on China if his counterpart Xi Jinping doesn't show up for a planned face-to-face meeting later this month and insisted the Chinese economy will never overtake the United…
L&T Construction locks Rs 2,500 crore to Rs 5,000 crores contract in various business segments
Infrastructure company Larsen & Toubro (L&T) on Monday said its construction arm has bagged 'large' orders across various business segments in the domestic as well as international market.The company said the orders fall under…