US crude oil imports to India surged due to economic factors, including a favourable arbitrage opportunity. (AI image) NEW DELHI: India’s oil imports from the US has risen to their highest level since 2022 in October, underlining bargain hunting by Indian refiners rather than a structural shift amid Washington’s onslaught against New Delhi over purchase…
India’s rare earth push hits new roadblocks (ANI) India’s Rs 7,300 crore plan to boost domestic production of rare earth minerals and magnets could face serious setbacks after China tightened export controls on key machinery and materials used in their processing. The new restrictions threaten to slow India’s drive for self-reliance in producing components that…
The European Union’s latest package of sanctions on Russia has opened new avenues for Indian businesses to expand trade with Moscow, according to the Moscow-based Indian Business Alliance (IBA).On October 23, the Council of the European Union adopted its 19th round of restrictive measures targeting key Russian sectors—including energy, finance, and defense — in response…
Adani Energy Solutions Limited (AESL), a key arm of the Adani Group and India’s biggest private player in the power transmission and distribution sector, on Monday posted strong financial and operational results for the quarter and half year ended September 30, 2025.For the first half of FY26, AESL’s total income climbed 16.4% year-on-year to Rs…
Canadian Prime Minister Mark Carney on Monday said he is “ready to sit down” with US President Donald Trump to resume trade negotiations, despite Washington’s decision to hike tariffs on Canadian goods by an additional 10%.“We stand ready to sit down with the United States, myself with the president, my colleagues with their colleagues, when…
Representative image (AI-generated) India’s economic growth is expected to remain strong in FY 2026 even as global trade challenges persist, the finance ministry said in its monthly economic review released on Monday.The report highlighted that India’s growth will be driven by robust domestic demand, easing inflation and the positive impact of recent reforms.It further pointed…
A small group of Tesla mechanics in Sweden has spent two years on the picket lines in a rare and escalating confrontation with one of the world’s most powerful carmakers. Around 70 workers at Tesla’s service centres walked out in October 2023, demanding that the company sign a collective bargaining agreement — a cornerstone of…
The American economy may look healthy on paper. Wall Street is roaring, Silicon Valley is buzzing with AI optimism, unemployment is steady, and GDP is rising. But billionaire investor Ray Dalio says this apparent prosperity hides a deeper imbalance. The US, he argues, is becoming dangerously dependent on a small, highly productive elite, while the…
Representative image (AI-generated) Business sentiments in India moderated in the second quarter (Q2) of FY 2025-26 after showing steady improvement over the past three quarters, according to a new report by the National Council of Applied Economic Research (NCAER).The decline comes amid high global uncertainties, including additional US tariffs and ongoing trade tensions, the think…
Representative image (AI-generated) Japanese luxury beauty company Shiseido is planning to start manufacturing in India as part of its expansion strategy.It will be joined by global peers such as Estée Lauder Companies and The Body Shop, which are also exploring local production to tap into the world’s fastest-growing beauty market.Sanjay Sharma, country head of Shiseido…