As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…
US President Donald Trump held talks with senior oil executives on Friday (local time), pushing them to consider investments in Venezuela’s oil sector following the capture of President Nicolas Maduro. While Trump presented the country as newly secure and open for business, industry leaders responded cautiously, with one major executive saying Venezuela remains “uninvestable” without…
KOLKATA: The IPO of Bharat Coking Coal was subscribed 8 times on the first day of bidding on Friday, driven by strong demand from retail, non-institutional and existing shareholder investor categories. The issue received bids for 2,80,61,36,400 equity shares against the offer size of 34,69,46,500 shares, according to available data. Source link
FILE – The 2024 Chevrolet Silverado EV sits on display at the Chicago Auto Show, Thursday, Feb. 9, 2023, in Chicago. (AP Photo/Charles Rex Arbogast, File) FILE – The 2024 Chevrolet Silverado EV sits on display at the Chicago Auto Show, Thursday, Feb. 9, 2023, in Chicago. (AP Photo/Charles Rex Arbogast, File) General Motors will…
CHENNAI: India’s renewable energy sector wrapped up 2025 with a record-breaking surge in capacity additions, underscoring the pace of the country’s clean energy transition. About 48 GW of new renewable capacity was added during the year, including large hydro projects, while around 45 GW was added excluding the large hydro segment, compared with 28 GW…
BENGALURU: Corporate forensic teams and background verification firms are flagging cases of location spoofing, particularly among hybrid employees and gig workers. In several instances, employees have been pulled up after allegedly misrepresenting their actual work location, with such discrepancies surfacing during random audits, compliance checks, or client reviews.Investigations found that some used travel routers or…
Hiring in the United States remained subdued in December, capping a year of weak employment gains, even as the unemployment rate edged lower, according to data released by the US Labor Department on Friday, AP reported.Employers added 50,000 jobs in December, nearly unchanged from a downwardly revised 56,000 jobs added in November. The unemployment rate…
Finance minister Nirmala Sitharaman with tablet containing Budget documents (File photo) NEW DELHI: Union minister Kiren Rijiju on Friday announced the dates for Parliament’s Budget session, which he said will be held in two phases from January 28 to April 2.“On the recommendation of the Govt of India, Hon’ble President of India, Smt. Droupadi Murmu…
US stock markets traded slightly higher on Friday after a mixed US jobs report tempered expectations of an early interest rate cut by the Federal Reserve, without fully closing the door on easing later this year, according to an AP report.In early trading, the S&P 500 rose 0.2% and hovered near its all-time high set…
India on Friday said it is closely monitoring developments around a proposed US legislation that seeks to impose steep tariffs of up to 500% on countries procuring Russian crude oil, amid growing pressure from Washington, PTI reported.“We are aware of the proposed bill. We are closely following the developments,” External Affairs Ministry spokesperson Randhir Jaiswal…
