Beijing: China has reduced its US Treasury holdings to a 17-year low as part of the continued diversification of its forex reserves towards gold and overseas equity investments amid unsettling ties with Washington. China’s holdings of US treasuries fell to USD 682.6 billion in November last year, down from USD 688.7 billion in October, the…
New Delhi: India’s merchandise exports to the US declined 1.83 per cent to USD 6.88 billion in December 2025 due to high tariffs imposed by America, according to Commerce Ministry data. Exports also contracted in September and October last year. However, it rose 22.61 per cent in November. Exports to the US stood at USD…
New Delhi: Air India on Thursday cancelled at least three flights to the US, and certain services to Europe will face some delays due to Iranian airspace closure, according to a source. At least three flights — two from the national capital to New York and Newark, and one from Mumbai to New York —…
Nagpur: RSS chief Mohan Bhagwat cast his vote in the Nagpur Municipal Corporation (NMC) polls on Thursday morning and remarked that choosing the NOTA option indirectly helps promote an unwanted candidate. Bhagwat was among the early voters in the Nagpur civic body polls. He went to a polling booth in the Mahal area of Maharashtra’s…
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…
