[ad_1] According to GTRI’s assessment, India is expected to reduce the negative effects of US tariffs in the coming months. How should India deal with the 50% tariffs imposed by the Donald Trump administration on Indian exports? Ajay Srivastava of Global Trade Research Initiative (GTRI) says there are two ways in which India can absorb…
[ad_1] The newly constructed Huajiang Grand Canyon Bridge in Southwest China has cleared its final load test and is on track to become the world’s tallest bridge, connecting previously isolated regions in Guizhou province, as reported by local newspaper China Daily. Spanning the Beipan River gorge in Huajiang town, the bridge crosses limestone cliffs formed…
[ad_1] The nationwide initiative for complete digitalisation of land records by December will significantly enhance foreign direct investment (FDI) in real estate, as land procurement remains the primary challenge for developers, according to industry specialists.Property acquisition for commercial spaces, including offices, logistics and data centres, will become more efficient, while the residential sector will see…
[ad_1] The industry is already facing pressure following the introduction of Specialised Investment Funds (SIFs) from April this year. (AI image) The Portfolio Management Services (PMS) industry has approached market regulator SEBI to reduce the minimum investment threshold of ₹50 lakh to make this investment channel accessible to a wider base of investors. Sebi had…
[ad_1] MUMBAI: Rakesh Gangwal along with the family’s trust, part of the promoter family of Interglobe Aviation (Indigo), is selling about 1.2 crore shares of the airline, translating to 3.1% of its equity for at least Rs 7,028 crore (about $801 million).The Indian arms of Morgan Stanley, Goldman Sachs and JP Morgan are managing the…
[ad_1] Trump tariffs to take effect It’s here — Trump’s 50% tariffs on India. So, where do India’s exporters go from here? For some of India’s biggest exporters, the answer is any which way that helps them survive the biggest business shock of their entrepreneurial career.TOI spoke to companies across sectors for this story. Some…
[ad_1] India’s exporters have voiced deep concern after US announced steep new duties on Indian-origin goods, with production already grinding to a halt in major textile hubs.Several apparel manufacturers in Tirupur, Noida, and Surat have already stopped production as hefty tariffs loom. Starting 27 August, duties on multiple categories of Indian exports to the US…
[ad_1] Wall Street began Tuesday on a cautious note, with stocks hovering near breakeven as major indexes traded just below their recent record highs. Nasdaq jumped 36 points or 0.17%, reaching 21,485 at 8.20 PM IST. The S&P 500 followed the pattern adding 0.71 points or 0.01%, reaching 6,440. However, Dow dipped 52 points or…
[ad_1] HYDERABAD: Integrated design, engineering and manufacturing player, Ardee Engineering Limited, has received approval from the capital markets regulator, Securities & Exchange Board of India (Sebi), for its Rs 580 crore initial public offering (IPO).The IPO of the Hyderabad-based company, which is into pre-engineered buildings (PEB), material handling systems (MHS) and engineering services, comprises a…
[ad_1] Having drawn its red lines, and safeguarding its strategic autonomy, India is looking to counter the impact of the high tariffs. (AI image) India is bracing to face 50% US tariffs from August 27, after the Donald Trump administration notified that 25% additional tariffs on Indian goods will come into effect from Wednesday. India…