Business News - Page 23
PM Modi’s Europe tour opens new playbook for India’s trade and supply-chain ambitions: Experts
Prime Minister Narendra Modi’s Europe tour has opened new opportunities for India’s trade and supply-chain ambitions, the visit has strengthened investor confidence and deepened cooperation in semiconductors, clean energy, manufacturing and logistics, said industry observers
Ebola alarm: India and Africa are connected with 99 weekly flights
At a time when the Ebola virus is spreading in the Democratic Republic of Congo (DRC) and Uganda, India and Africa are connected by 99 weekly flights. While links with the DRC remain limited, there is significant traffic between Uganda and India because of centuries-old ties and the presence of a large Indian diaspora.
China’s property slump shows signs of stabilising, but 90 million empty homes remain
China’s property market shows tentative signs of stabilisation in major cities like Shanghai, but the broader recovery remains fragile amid a massive overhang of around 90 million empty or unfinished homes
Japan inflation cools to four-year low as subsidies ease living costs amid energy turmoil
Japan’s core inflation slowed to a four-year low in April as government fuel and education subsidies eased household costs, though rising oil prices linked to the West Asia conflict may revive inflation pressures and complicate the Bank of Japan’s rate-hike plans
Indian American startup Kavi Media plans to raise $150,000 to tap growing Telugu audio market
US-based Indian American startup Kavi Media plans to raise $150,000 in a pre-seed round to build a dedicated platform for Telugu podcasts, audiobooks and original audio storytelling targeting global Telugu-speaking audiences
US confident of closing India trade pact in coming weeks, says Ambassador Sergio Gor
The United States is confident that an interim trade agreement with India could be finalised in the coming weeks, US Ambassador Sergio Gor said, as both countries accelerate negotiations to deepen trade and investment ties amid shifting global economic dynamics
Ebola, war and aid cuts: How Congo’s fragile economy is buckling under a new health emergency
The Democratic Republic of Congo’s latest Ebola outbreak is exposing the dangerous intersection of disease, war, economic fragility and shrinking global aid, as health experts warn that cuts to US-backed public health programmes weakened the country’s ability to detect and contain the virus
Why is the rupee falling? Global markets matter more than domestic policy
The Indian rupee’s fall to record lows is being driven less by domestic policy failures and more by global factors such as the Iran war, rising crude oil prices, stronger US Treasury yields and capital outflows from emerging markets
Indian-origin Elon Musk ally Antonio Gracias could reap billions if SpaceX hits projected IPO valuation
Indian-origin investor Antonio Gracias could become one of the world’s richest individuals as SpaceX’s upcoming IPO highlights the massive stakes held by Elon Musk’s longtime allies
Victoria’s Secret changes stock ticker to ‘VSXY’ in brand reset push
Victoria’s Secret will change its NYSE ticker symbol to ‘VSXY’ as the lingerie giant attempts to redefine its brand identity and revive growth amid intense retail competition.
Toyota to make cars in Taiwan and sell them in Japan, Nikkei reports
Move marks a rare reverse-import strategy as Toyota seeks to ease supply bottlenecks, diversify manufacturing risks, and reduce pressure on Japan’s stretched production base.
Global airlines cancel flights to the Gulf, but Indian carriers struggle to take advantage
The focus of Indian airlines has shifted firmly to baseline survival rather than capturing the traffic left behind by retreating foreign carriers. This is already reflecting in the data: international traffic at Delhi, Air India’s primary hub, dropped 7.5 per cent in March.
From Amazon to the Washington Post: Inside Jeff Bezos' 'cut fast' strategy
Bezos defended Washington Post layoffs by invoking a management philosophy that shaped Amazon for decades: cut what is not working, protect the core, and let customer value determine survival.
Mumbai rain becomes a tradable asset with India’s weather futures debut
NCDEX launches India’s first rainfall-linked futures contract, allowing traders and businesses to hedge against monsoon uncertainty as weather risks increasingly impact the economy.
PM Modi’s 5-nation tour secures $40 billion investment pipeline, boosts strategic partnerships
From semiconductors and AI to energy and defence, Prime Minister Narendra Modi’s diplomatic sprint across five countries has brought fresh investments, strategic upgrades, and deeper economic cooperation for India.
What is Paytm’s Pocket Money? New feature lets teens use UPI without bank account
Paytm has launched Pocket Money, a UPI Circle-based feature that allows teenagers to make digital payments without a bank account, while parents set spending limits and monitor transactions in real time
'Big things ahead': US envoy Sergio Gor hails India-US collaboration on Nuclear energy
US Ambassador to India Sergio Gor said that 'big things' are coming up for India and the United States in terms of collaboration on Nuclear energy.
Fuel, fertiliser, food: CII urges India to rethink the '3Fs' as one inflation engine
CII has urged India to adopt an integrated “3Fs strategy” linking fuel, fertiliser and food, warning that global energy shocks are increasingly driving a cascading inflation cycle across the economy through higher input costs, logistics pressures and food prices
China embraces Russia diplomatically, but keeps Putin waiting on gas pipeline
Russian President Vladimir Putin left Beijing without securing the long-delayed Power of Siberia 2 gas pipeline deal, exposing China’s growing leverage over Moscow despite both nations projecting strategic unity against the West
SWISS to connect Bengaluru and Zurich with five weekly nonstop flights
Swiss International Air Lines will launch five weekly nonstop flights between Bengaluru and Zurich from October 2026, strengthening Lufthansa Group’s India presence and boosting connectivity for business, tech and leisure travellers
How Elon Musk’s SpaceX IPO could make him the world’s first trillionaire
Elon Musk’s SpaceX IPO could become the biggest stock market debut in history, potentially pushing the billionaire’s net worth beyond $1 trillion. From Starlink’s rapid growth to AI ambitions and Starship expansion, here’s how SpaceX’s public listing may set a benchmark at Wall Street
Eurobank launches UPI-linked remittance service from Greece for Indian customers
Greek lender Eurobank has launched a UPI-linked remittance service for Indian customers in Greece, enabling near-instant and low-cost money transfers to India as New Delhi expands the global reach of its digital payments infrastructure
Australia’s jobs market weakens as unemployment hits highest level since 2021
Australia’s unemployment rate rose to 4.5 per cent in April, the highest since 2021, after nearly 19,000 jobs were lost, strengthening expectations that the Reserve Bank of Australia may pause further interest rate hikes
Oil rebounds as Hormuz fears, US stockpile draw revive supply concerns
Oil prices rebounded on Thursday after two days of losses on outstanding supply concerns because of the uncertain outlook for an end to the Iran war and a US inventory draw raised worries about the depletion of global stockpiles.
Japan exports surge 14.8% in April as chip shipments jump despite Iran war disruptions
Japan’s exports rose 14.8 per cent in April, beating forecasts as semiconductor shipments surged despite supply disruptions and rising energy costs linked to the Iran conflict
Can Nvidia stay king of AI chips? Jensen Huang says next boom is just beginning
Nvidia CEO Jensen Huang says the next phase of the AI boom is only beginning as the chip giant forecasts stronger revenue, unveils new AI processors and battles rising competition from Big Tech and rival semiconductor firms
SpaceX unveils blockbuster IPO filing, eyes record $1.75 trillion valuation
SpaceX unveiled its long-awaited IPO filing, targeting a record $1.75 trillion valuation as Elon Musk bets on Starlink, reusable rockets and AI-driven space infrastructure to fuel the company’s next phase of growth
India’s core sector growth rises to 1.7% in April, cement and steel power industrial momentum
Cement and steel output provide support as several key sectors remain under pressure in April
Air New Zealand expands India connectivity via Singapore, launches direct Christchurch route
New Singapore–Christchurch route aims to boost tourism, education, and business travel demand from India to New Zealand
Emirates rises to third in India’s international traffic amid West Asia disruptions
Flights are still not back to normal, with Indian carriers taking a significant cut as point-to-point traffic remains impacted by a mix of demand and security considerations.