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Donald Trump’s 100% tariff on China: Beijing seeks fresh trade talks with US; wants discussions ‘as soon as possible’

China has agreed to hold a fresh round of trade talks with the US “as soon as possible,” as both economic giants aim to avoid another cycle of damaging tariffs.The decision followed a video call between Beijing’s chief negotiator, Vice Premier He Lifeng, and US treasury secretary Scott Bessent. State news agency Xinhua, on Saturday,…

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India’s Russian crude oil trade rebound in October after previous quarter dip; imports rise to 1.8 million bpd: Report

In a notable shift, India’s crude oil imports from Russia have surged in the first half of October, reversing a three-month decline observed from July to September. This resurgence is attributed to Indian refineries operating at full capacity to meet the heightened demand during the festive season, as indicated by ship tracking data.Russian oil imports…

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Gold dips: Prices drop after record $4,300 peak as Trump says China tariffs ‘not sustainable’; Silver also retreats

Gold prices slipped on Friday after hitting record highs above $4,300 an ounce, pressured by a stronger dollar and US President Donald Trump’s comments that his threatened high tariffs on China would not be “sustainable.”“It’s not sustainable. But that’s what the number is, it’s probably not, you know, it could stand, but they forced me…

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Gold buying on Dhanteras, Diwali: Should you opt for 9K gold jewellery? Here’s what experts say

The central government introduced hallmarking for 9 carat gold jewellery in July 2025. (AI image) Thinking of buying gold jewellery on Dhanteras and Diwali 2025? With gold prices hitting record highs, buyers who are mindful of their budget may consider 9K gold jewellery.The central government introduced hallmarking for 9K gold jewellery in July 2025, placing…

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Megha Engg bags $226M gas sweetening, sulphur recovery facility from Kuwait Oil Co

HYDERABAD: Infrastructure biggie Megha Engineering and Infrastructures Limited (MEIL) has bagged a $ 225.5 million (KWD 69.23 million) project from the Kuwait Oil Company (KOC) for the design, construction, operation, and maintenance of a new gas sweetening and sulphur recovery facility (NGSF) at West Kuwait’s oil fields.This project, which has to be completed in a…

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