The point to note for India is that we must not panic. The United States may be our largest export destination, but high tariffs will not exactly mean gloom and doom. Sure, we can throw some morsels as we continue negotiating, but we must be firm that some red lines cannot be crossed, no matter what, asserts Shreekant Sambrani.
You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.
Vance also hinted that the US may drop additional tariffs on countries if the US make a deal with Russia, and also apply more tariffs on the countries to bring this war to a close.
Deferment or rescheduling of the meeting assumes significance as the US has announced a staggering 50 per cent duty on Indian goods.
The Bloomberg report suggests that this backchannel communication from President Xi has laid the groundwork for a broader thaw in relations. This overture has since translated into a series of tangible diplomatic actions leading up to the upcoming Shanghai Cooperation Organisation (SCO) summit.
Showcasing India as an attractive investment destination, Modi said the country has political and economic stability as well as transparency and predictability in policy decisions.
China displayed a range of new weapons at a military parade, including laser weapons, nuclear ballistic missiles, giant underwater drones, and fifth-generation aircraft.
Reliance Industries has built four high-powered growth engines of retail, digital services, media and entertainment, and new energy to propel the conglomerate's next phase of expansion, Chairman Mukesh Ambani said. Parallelly, Reliance is reshaping itself into a new-age deep-tech enterprise, he said in a message to shareholders in the firm's latest annual report.
ICICI Bank has reversed its decision to raise the minimum monthly average balance (MAB) for new savings accounts in metro and urban locations to Rs 50,000, revising it instead to Rs 15,000, effective August 1. The MAB for new savings accounts in semi-urban locations has been revised from Rs 25,000 to Rs 7,500, and for rural locations from Rs 10,000 to Rs 2,500.
"India is not only buying massive amounts of Russian Oil, they are then, for much of the Oil purchased, selling it on the Open Market for big profits," Trump said in a social media post on Monday.
'Market momentum and investor interest are at unprecedented levels, making this the opportune moment.'
'The essence of RMG is that users participate in skill-based games for financial reward, so this law would directly affect this operating model for both users and gaming companies.'
Prime Minister Narendra Modi and Chinese President Xi Jinping are expected to hold bilateral meetings on the sidelines of the SCO summit in Tianjin, as both nations look to strengthen ties amid global trade tensions.
Japanese automaker Suzuki Motor Corporation will invest Rs 70,000 crore in the next five to six years in India to strengthen its operations in the country, its representative director and president Toshihiro Suzuki said on Tuesday. Prime Minister Narendra Modi on Tuesday kicked off exports of Maruti Suzuki India's first electric vehicle e VITARA to 100 countries and also inaugurated the production of lithium-ion battery cells for strong hybrid electric vehicles at its facility in Gujarat.
The Global Times, a prominent state-run Chinese media outlet, published an article titled "China and India are cooperation partners, not rivals: Xi," highlighting President Xi Jinping's remarks about the bilateral meeting, saying, "as long as the two countries stick to this overarching direction, China-India relations can sustain steady and long-term growth."
External Affairs Minister S Jaishankar defends India's purchase of Russian oil, stating it is not the largest purchaser and that the US had previously supported such actions to stabilize energy markets. He also addresses concerns about tariffs and trade relations with the US.
"Commonwealth Games in India would leave lasting impact by boosting tourism, and creating jobs, the Government said in a statement.
Miller said that US President Donald Trump has a 'tremendous' relationship with Prime Minister Narendra Modi, and that the peace options for the region are on the table.
In a post on X in the morning, IndiGo said there was heavy downpour over Delhi, causing some temporary disruption to flight schedules.
China welcomes Prime Minister Narendra Modi's planned visit to the Tianjin Summit of the Shanghai Cooperation Organisation (SCO), expressing hope that the event will be a 'gathering of solidarity, friendship and fruitful results'.
Infrastructure major Larsen & Toubro on Wednesday said it has bagged an ultra-mega order from QatarEnergy LNG for its offshore hydrocarbon business. The company classifies contracts above Rs 15,000 crore as 'ultra mega' orders.
The US Open announced $90 million in prize money will be on offer at this year's final major, marking the largest purse in tennis history, up 20 percent from 2024.
The council said it takes serious cognisance of the alleged data manipulation by the CSDS and its attempt to create a narrative to undermine the sanctity of the Election Commission of India (ECI).
The number of companies with promoters whose demat accounts were frozen by the stock exchanges due to non-compliance increased over the past year. The BSE froze promoter demat accounts in 457 companies, according to data from the Securities and Exchange Board of India's (Sebi's) 2024-25 annual report released on August 12.
'One Chinese interlocutor said India should realise that "China can do without India, but India could not do without China", pointing to its inability to do without Chinese intermediates and components,' former foreign secretary Shyam Saran discovers on a visit to China.
Tata Projects on Tuesday said the construction of the US-based chip company Micron Technology's semiconductor assembly and test facility at Sanand near Ahmedabad is going on in full swing. The facility is coming up in nearly 50 acres of area at Sanand industrial area and the construction began in July last year.
From the bylanes of Jalandhar to a regular name in the annual 'Sunday Times Rich List', Lord Swraj Paul, who died on Thursday evening in London aged 94, was one of the most well known NRI entrepreneurs and philanthropists.
The crisis may not be as visible this time, but the stakes are just as high, points out Rajeswari Sengupta.
Billionaire Mukesh Ambani's Reliance Industries has retained its position as the highest-ranked Indian company on the 2025 Fortune Global 500 list, according to the latest rankings released by the publication. The oil-to-telecom-and-retail conglomerate has been ranked at No.88 on the latest list, down from 86th position in 2024.
Larsen & Toubro Ltd (L&T) is deepening its push into data centres and defence manufacturing while keeping an eye on emerging opportunities in nuclear and thermal power, chairman and managing director SN Subrahmanyan said. The engineering and construction conglomerate has invested around Rs 2,200 crore in data centres, with 32 megawatts (Mw) already operational.
India's largest IT services company Tata Consultancy Services (TCS) on Wednesday informed employees that it will roll-out wage hikes for about 80 per cent of workforce, covering mid to junior levels.
Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.
'Scuttling 25 years of momentum with the only country that can serve as a counterweight to Chinese dominance in Asia would be a strategic disaster.'
A day before US President Donald Trump's additional 25 per cent tariff kicks in, Prime Minister Narendra Modi on Tuesday made a vehement pitch for swadeshi and Make in India that should help create jobs in the country.
Russia has a "special mechanism" to confront any challenge arising out of the US slapping punitive measures against India for its procurement of Russian crude oil, Russian charge d'affaires Roman Babushkin said on Wednesday.
Skipper Shai Hope led from the front with an unbeaten innings of 120 to help the West Indies post 294/6 and pacer Jayden Seales collected six wickets in reply as Pakistan were bundled out for just 92 to ensure the home side registered a 2-1 series triumph.
Pakistan's Defence Minister Khawaja Asif has denied claims by the Indian Air Force that it shot down Pakistani aircraft during Operation Sindoor, calling the assertions 'implausible' and 'ill-timed'.
Chinese Foreign Minister Wang Yi said that it is imperative for the two sides to view each other as partners and opportunities rather than rivals or threats, and invest their valuable resources in development and revitalisation.
'Geopolitically and diplomatically it's a very difficult situation for India.'
India's 18 largest states, accounting for over 90 per cent of the country's gross state domestic product (GSDP), are likely to record a marginal uptick in revenue growth to 7-9 per cent this year, from 6.6 per cent clocked in 2024-25 (FY25), rating agency Crisil said in a report on Tuesday. This growth, slower than the decadal average of about 10 per cent, would lift these states' cumulative revenue to around Rs 40 trillion in FY26 from Rs 37.26 trillion in FY25.
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