New Delhi: US President Donald Trump’s fresh threat of a 25 per cent tariff on any country doing business with Iran is likely to have a “minimal impact” on India, government sources said on Tuesday. As Iran continued to witness massive anti-government protests, Trump said on Tuesday that the 25 per cent tariff will be…
The commodity cycle is upon us, yet global portfolios remain woefully under positioned. Historically, the last major commodity Supercycle peaked with allocations around 12% in global investment portfolios, but today, we’re hovering at approximately 3%—a staggering 75% drop. This under allocation comes at a time when structural conditions are arguably more bullish than in previous…
New Delhi: Exporters are keeping their fingers crossed on the impact of recent announcement made by US President Donald Trump that Washington will impose an additional 25 per cent duty on countries trading with Iran. The exact impact of the additional tariff will be only known after a notification is issued by the Trump administration,…
New Delhi: In a first, Finance Minister Nirmala Sitharaman will present the general budget in Parliament on Sunday, February 1, Lok Sabha Speaker Om Birla announced on Monday. This will be Sitharaman’s ninth budget presentation, one short of the record 10 budgets presented by the then finance minister Morarji Desai. The Budget session of Parliament…
Singapore: India, a founding member of the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP), is set to deepen its engagement with the Singapore-based Information Sharing Centre (ISC) of the grouping, its Executive Director Vijay D Chafekar has said. “We expect closer cooperation with the Maritime Rescue Coordination Centre…
New Delhi: India and EU trade ministers have directed officials to resolve pending issues and expedite the negotiations to finalise the proposed free trade agreement, an official statement said on Saturday. Commerce and Industry Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic met in Brussels and took stock of the…
Varanasi (UP): Local unit of Uttar Pradesh Jewellers Association on Saturday imposed a ban on the sale of jewellery to customers wearing a veil, burqa, mask or helmet, citing security reasons. This decision has been taken in view of the incidents of theft, robbery, and fraud that have occurred in several districts, they claimed. Kamal…
New Delhi: NIIT Learning Systems (NIIT Managed Training Services) on Saturday announced it has acquired SweetRush, a US-based firm that provides AI-led custom learning experience design and strategic training interventions, for a total consideration of up to USD 26 million. The acquisition was made through a wholly-owned subsidiary, NIIT (USA), Inc., according to a release….
New Delhi: Akasa Air has joined the global airline grouping International Air Transport Association (IATA) as a member. IATA represents over 360 airlines, including Indian carriers Air India, Air India Express, IndiGo, and SpiceJet. In a release on Friday, Akasa Air said it became an IATA member after completing the IATA Operational Safety Audit (IOSA),…
United Nations: India is projected to grow at 6.6 per cent in 2026, registering an “exceptionally high growth in a challenging global environment”, with resilient private consumption and strong public investment largely offsetting the impact of high US tariffs, the United Nations has said. The World Economic Situation and Prospects 2026 report released on Thursday…
