India and Israel are set to sign a Bilateral Investment Treaty (BIT) during the visit of Israel’s finance minister Bezalel Smotrich later this week, in what is being seen as a step towards laying the groundwork for a free trade agreement (FTA), according to sources.Smotrich will be in India from 8 to 10 September on…
Eight key members of the OPEC+ alliance announced plans to raise oil production again, in a move analysts view as an effort to secure a larger share of the global crude market.The “Voluntary Eight” (V8) – Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, on Sunday said that they would increase…
Auto giants Hyundai Motor India and Tata Motors on Sunday announced major price reductions across their vehicle ranges, passing on the benefits of the recent Goods and Services Tax (GST) cuts to customers. Hyundai has slashed prices of its entire model lineup by up to Rs 2.4 lakh, while Tata Motors is reducing prices of…
Bessent made these observations shortly after Russia conducted its most extensive aerial assault since the war began. US Treasury Secretary Scott Bessent has called on the European Union to join America in adding pressure on Russia, and indicating possibility of more tariffs on countries buying Russian crude oil. The Donald Trump administration has already imposed…
The strengthening economic ties with China, the second-largest world economy, complement other positive factors for India. (AI image) Indian stock markets may see a boost with several positive catalysts fuelling bullish sentiment. Prime Minister Narendra Modi’s meeting with Chinese President Xi Jinping, alongside recent GST rate cuts, have generated positive sentiment regarding the potential for…
Vietnam’s VinFast enters India with ‘whole ecosystem’; launches VF 6 and VF 7 SUVs (Picture credit: X/@VinFastIN) Vietnamese electric vehicle (EV) maker VinFast has formally stepped into the Indian market with a strategy that goes beyond selling cars, aiming instead to build a complete ecosystem spanning mobility, infrastructure and lifestyle.Pham Sanh Chau, CEO of VinFast…
South Korea struck a deal with the United States, on Sunday, securing the release of its nationals detained during an immigration raid at a Hyundai plant in Georgia.Presidential chief of staff, Kang Hoon-sik, declared that the two nations had completed negotiations and only administrative formalities were pending. He further added that Seoul would arrange a…
Foreign Portfolio Investors (FPIs) pulled out RS 12,257 crore ($1.4 billion) from Indian equities in the first week of September, pressured by a stronger dollar, renewed US tariff concerns, and persistent geopolitical tensions. This follows net outflows of Rs 34,990 crore in August and Rs 17,700 crore in July, taking the total equity withdrawals by…
Sentiment in the Indian stock market this week will be shaped by global trends, foreign investor activity, and key inflation readings, according to analysts. Markets ended last week on a firm note, with benchmark indices rising over one per cent, supported by strong macroeconomic data and recent policy reforms.“This week will be data-heavy both domestically…
Internet services across parts of Asia and the Middle East faced disruptions after undersea cables in the Red Sea were cut, experts said on Sunday. While concerns were raised over possible sabotage amid ongoing conflict in the region, it was not immediately clear what caused the incident, according to the news agency Associated Press.Microsoft said…