Trump warns of economic collapse: What if Supreme Court strikes down tariffs? US President’s response

[ad_1] US President Donald Trump has warned that the American economy could face severe damage if the Supreme Court overturns his tariff policy. In an interview at CBS’s “60 Minutes,” Trump was asked what will happen if US Supreme Court invalidates tariffs.”“I think our country will be immeasurably hurt. I think our economy will go…

Read More

Foreign inflows resume: FPIs turn net buyers after 3-month selloff; Rs 14,610 cr flows back into Indian equities

[ad_1] Foreign portfolio investors (FPIs) resumed buying Indian equities in October, ending a three-month stretch of continuous selling. Data from the National Securities Depository Limited (NSDL) shows that Indian stock markets witnessed net inflows of Rs 14,610 crore during the month.The latest inflow follows a sharp withdrawal trend seen earlier. FPIs had sold equities worth…

Read More

Market recap: Mcap of four of top 10 valued firms jumps Rs 95,447 crore; Reliance leads the gains

[ad_1] The stock market’s weekly movement left a split outcome for India’s most valued companies, with only four of the top 10 firms recording gains even as the remaining six together lost Rs 91,685.94 crore in market capitalisation.Reliance Industries delivered the strongest performance of the week, adding Rs 47,431.32 crore to its valuation. With this…

Read More

AI AI Yo! Two desi lads in Silicon Valley become youngest self-made billionaires at 22

[ad_1] From left, Adarsh Hiremath, Brendan Foody, and Surya Midha (Image credit: NYT News Service) TOI correspondent from Washington: In a stunning testament to the boom in Artificial Intelligence (AI), three 22-year-old high school friends from Silicon Valley, including two Indian-Americans, have become the world’s youngest self-made billionaires.Brendan Foody, Adarsh Hiremath, and Surya Midha, co-founders…

Read More

‘No better place to build new partnerships’: PM Carney cites ‘progress’ with India, Asia-Pacific; seeks to cut US dependence

[ad_1] File photo: Canadian Prime Minister Mark Carney (Picture credit: AP) Canadian Prime Minister Mark Carney on Saturday highlighted his country’s “progress” in building partnerships with India and other Asia-Pacific nations, even as tensions with the United States escalate over tariffs. His remarks came days after US President Donald Trump terminated all trade talks with…

Read More

Oil output move: Opec+ announces fresh 137,000 bpd hike from December; aims to protect market share amid US shale slowdown

[ad_1] The eight key members of the Opec+ alliance, including Saudi Arabia and Russia, have agreed to raise oil production by 137,000 barrels per day (bpd) starting December, marking a modest increase that will hold steady for three months, the group said in a statement after a virtual meeting on Sunday, AFP reported.The move, aligned…

Read More

Competition law vs patent rights: NCLAT rules CCI has no power to probe patented product disputes; upholds case against Swiss drugmaker Vifor

[ad_1] The National Company Law Appellate Tribunal (NCLAT) has ruled that the Competition Commission of India (CCI) does not have the power to investigate disputes related to patented products, holding that the Patent Act takes precedence over the Competition Act in such cases, PTI reported.Dismissing an appeal against a CCI order that had closed a…

Read More