Country Financial News
20.02 / 06:35
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prevention
RBI sold a net $35 billion in November and December to curb forex volatility
Reserve Bank of India sold foreign currencies worth $35.4 billion on net basis in November and December to prevent excess volatility in rupee movement amid heightened dollar outflows from local equities as foreign investors started seeking safe haven for their investments after Donald Trump's victory in the US presidential election.
20.02 / 06:35
markets
COST
students
country
reports
International
Destinations
Australia remains a top study destination, but rising costs & visa concerns are starting to worry foreign students
Australia continue to view the country positively as a study destination, but rising living costs and visa rule changes are shaping perceptions, according to the latest annual survey by the Australian Trade and Investment Commission (Austrade).
20.02 / 06:21
markets
UPS
Manufacturing
Trade
country
Pharmaceuticals
Mint Explainer: Will tariff reductions and a trade treaty with the US harm India?
Subscribe to enjoy similar stories. India and the United States agreed to negotiate the first tranche of a mutually beneficial multi-sector bilateral trade agreement (BTA) by late September after president Donald Trump threatened to impose reciprocal tariffs on goods from India and several other countries. As he did in his first term, Trump continues to pressure India to lower its high and protectionist import duties on several goods, including luxury goods.
20.02 / 06:21
20.02 / 06:07
20.02 / 05:51
markets
Action
security
Trade
President
country
Relationships
Between a tariff and a hard place: How India can find the sweet trade spot in Trump era
Trump’s actions – namely that they are well thought of and have specific objectives in mind. So too could be his threat to impose reciprocal tariffs on countries, including India, on a selective basis.
20.02 / 04:15
markets
Target
Digital
Trade
country
Corporate executives wary of tariffs complicating investment decisions, says Deutsche Bank's Matthiessen
Subscribe to enjoy similar stories. MUMBAI : Corner-office executives across the world are wary of regulatory changes sparked by fresh tariff barriers, complicating investment decisions and adding to business uncertainties, said Ole Matthiessen, global head of cash management and head of corporate bank for Asia-Pacific, Middle East and Africa at Deutsche Bank. “Tariffs add uncertainty, forcing clients to rethink supply chains and investments.
20.02 / 00:33
markets
UPS
SUN
Manufacturing
country
medicines
Pharmaceuticals
Trump tariffs could hit Indian pharma exports by $2.25 billion
Subscribe to enjoy similar stories. The scimitar of import tariffs wielded by US President Donald Trump has sent investors and markets scurrying for cover across the world and across industries. On Wednesday, it was the turn of the pharmaceutical industry.
19.02 / 23:25
markets
UPS
security
Trade
country
reports
European Union expresses interest in mutually beneficial trade with US, what could that mean for Trump's reciprocal tariffs?
European Union would be agreeable to work upon beneficial trade agreements with the United States which could have a mutual advantage. This announcement comes along the lies of the EU willing to discuss about the future of tariffs on motor vehicles and other kinds of goods that are exported to the US.
19.02 / 22:09
markets
UPS
Provident
Gap
Trade
President
country
Amidst the countdown to U.S. tariffs, steel producers decry 'dumped steel' in Canada
In the midst of United States President Donald Trump‘s threat to impose 25 per cent tariffs on steel and aluminum imports from all countries beginning next month, a consensus in Canada is emerging that parts of this country’s trade policy regarding metals are broken.
19.02 / 20:25
19.02 / 20:25
markets
Manufacturing
economy
RAI
Diversity
country
CCI Group plans Rs 640 crore investment to develop 2 million sq ft logistics facility
CCI Group plans to invest more than Rs 640 crore to build more than 2 million sq ft warehousing capacity in the second phase of its upcoming logistics hub in Chennai. The fresh investment will increase total outlay by the integrated logistics and supply chain company in the facility to about 900 crore so far with the total capacity expanding to 3 million sq ft.
19.02 / 18:13
markets
Provident
Manufacturing
security
economy
Sustainability
country
Tapping minerals, pushing deep: Can India become a global leader in the critical minerals sector?
critical minerals such as lithium, cobalt, nickel and rare earth (RE) elements. Its mineral industry provides inputs for construction, energy, manufacturing and infrastructure, while critical minerals are needed for inputs for RE, EVs, electronics, batteries, etc. Keeping in mind current geopolitical factors like tariffs, India's mineral industry will play an increasingly important role in the country's economy.
19.02 / 18:13
markets
security
Trade
country
Relationships
International
Modi’s visit to Washington produced substantive outcomes, but left a few unanswered questions
Narendra Modi is only the third head of government or state, after Israel's Benjamin Netanyahu and Japan's Shigeru Ishiba, to be received in Washington after Donald Trump's second inauguration as president of the US. This reflects the importance the US under Trump continues to attach to its relations with India. It also reflects the affinity, both personal and ideological, that Modi and Trump appear to share.
19.02 / 17:55
19.02 / 14:49
markets
Digital
Software
economy
RAI
country
Financial markets on edge over fears of potential impact from tariffs, RBI says
Reserve Bank of India (RBI) has expressed concerns over the uncertainty clouding financial markets due to the current global economic environment, with a particular focus on the slowing pace of disinflation and the potential impact of tariffs.
19.02 / 10:29
markets
Google
Software
RAI
country
recommendations
Google pays 326 million euros to settle Italy tax dispute: prosecutor
Milan prosecutors said Wednesday, as they recommended criminal proceedings be dropped.
19.02 / 10:21
markets
Fox
President
Doge
country
Interviews
'They want a divorce': Trump, Musk accuse media of 'trying to drive them apart' at first joint Fox News interview
Donald Trump and Elon Musk conducted by Sean Hannity on Tuesday evening, in which the president and his adviser were pull of praise for each other. Trump promised the US Doge Service would cut “hundreds of billions” in waste from the federal budget, a number experts say is highly unlikely to be reached.
19.02 / 10:21
markets
country
International
India to allow Ambassador-Level Taliban post to counter China
Taliban representative to the country soon, the latest step from New Delhi to improve ties with Kabul and counter China’s growing influence in Afghanistan.
19.02 / 09:37
markets
Gap
Mobile
War
country
consequences
boating
Telecom Q3 review: Airtel triumphs in Arpu battle, but Jio could win the war
Subscribe to enjoy similar stories. Investors who wish to bet on India’s telecom sector have few pure-play options until Reliance Jio Infocomm is listed as a separate company. For now, tariff hikes have lifted all boats as far as the average revenue per user (Arpu) is concerned.
19.02 / 09:37
markets
UPS
Food
country
reports
Relationships
Pharmaceuticals
Why we need to rethink the discourse on body positivity in the age of Ozempic
Subscribe to enjoy similar stories. In July 2024, Eli Lilly and Co., the pharmaceutical company, announced that it has secured the first approvals for the import and sale of its diabetes and obesity medication, Tirzepatide—sold under the name Mounjaro—in India in 2025.
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