The ‘Asian century’ is here and very real, say experts
[ad_1] Kishore Mahbubani (left), Distinguished Fellow, Asia Research Institute and Jawed Ashraf, Former Ambassador of India to France and High Commissioner to Singapore during a discussion on Asia’s emergence in shifting Global Order at India Connect Singapore Edition (Dialogues on Diplomacy, Trade and Technology), in Chennai on Thursday. The ‘Asian Century’ is real, it is coming and is one of
Eli Lilly obesity pill orforglipron led to 12% weight loss
[ad_1] Eli Lilly on Thursday said the highest dose of its daily obesity pill helped patients lose almost 12% of their body weight, or roughly 27 pounds, at 72 weeks in a late-stage trial, paving the way for its entrance into the market. The pill’s weight loss was 11.2% when analyzing all patients regardless of discontinuations. Shares of the company
Trump calls on ‘highly conflicted’ Intel CEO to resign over China ties
[ad_1] U.S. President Donald Trump on Thursday (August 7, 2025) demanded the immediate resignation of new Intel CEO Lip-Bu Tan, calling him “highly conflicted” due to his ties to Chinese firms and raising questions about plans to turn around the struggling American chip icon. Reuters reported exclusively in April that Mr. Tan — himself or through venture funds he has
FTCCI asks Telangana govt to come to rescue of state’s exporters in the face of US tariffs
[ad_1] The potential escalation of tariffs on Indian exports by the United States could significantly impact Telangana’s export-driven sectors. The Federation of Telangana Chambers of Commerce and Industry (FTCCI) has appealed to the Telangana government to come to the rescue of exporters in the state, who could suffer heavily due to the very high tariffs announced by the United States.
New wind turbine norms to boost capacity utilisation to 80%: Suzlon Group CEO
[ad_1] JP Chalasani, Chief Executive Officer, Suzlon Group What will be the impact of new Revised List of Models and Manufacturers of Wind Turbine? The new RLMM rules envisage that every company should have their R&D centre located in India in the next one year. The objective of these guidelines is to encourage that turbines should be designed to withstand
No need to be overly alarmed by geopolitical disturbances, says CEA
[ad_1] V. Anantha Nageswaran, Chief Economic Advisor, joined virtually at the India Connect Singapore Edition (Dialogues on Diplomacy, Trade and Technology), in Chennai on Thursday | Photo Credit: BIJOY GHOSH Recent trade and geopolitical developments may not impact India’s growth projections for the year, and while we should be mindful of the disturbances, we should not be overly alarmed by
India in crosshairs: Trump’s Russia oil tariffs- How it could make China great again
[ad_1] President Donald Trump has hit India with a 50% tariff on its exports to the US, punishing New Delhi for continuing to buy Russian crude. He accuses India of “funding Russia’s war machine” and vows more penalties if Prime Minister Narendra Modi doesn’t halt oil imports from Moscow.This follows Trump’s prior 25% tariff on Indian goods. A bill seeking
Amidst Donald Trump’s 50% tariff on India, PM Modi to speak to Brazil President Lula; meeting with China’s Xi planned at SCO
[ad_1] Modi’s discussions with Lula have gained additional importance following Trump’s implementation of 50% tariffs. (File photo) Prime Minister Narendra Modi is scheduled to talk to Brazil’s President Luiz Inacio Lula da Silva on Thursday and plans to visit China in August for the first time since 2018, amid deteriorating relations with the United States.Brazilian President Luiz Inacio Lula da
Eli Lilly (LLY) Q2 2025 earnings report
[ad_1] Eli Lilly on Thursday hiked its 2025 guidance and posted second-quarter earnings that topped estimates on strong demand for its blockbuster weight loss and diabetes drugs. The company raised its fiscal 2025 sales guidance to $60 billion to $62 billion, from a previous outlook of $58 billion to $61 billion on underlying strength across its business. The pharmaceutical giant also
Craveworthy Brands becomes managing partner of Gregorys Coffee
[ad_1] Gregorys Coffee was founded in 2006 and has more than 50 locations. Source: Gregorys Coffee Craveworthy Brands is now investor and managing partner of Gregorys Coffee, a New York City-based coffee chain with dreams of a nationwide footprint. The two companies announced the deal on Thursday. Financial terms were not disclosed. Craveworthy Brands, a fast-growing restaurant holding company, has
Trade war: US tariffs on India may hurt manufacturing, labour-intensive sectors; experts warn of wider economic impact
[ad_1] The recent hike in US tariffs on Indian imports could severely impact labour-intensive and manufacturing sectors in India, posing a risk to the country’s economic growth if the 50% duty continues, experts warned.They said the steep tariffs not only risk slowing exports and investment but also add pressure on the rupee, raising concerns for the overall economic outlook. US
50% US tariff on Indian apparel exports could be death knell for small firms: AEPC
[ad_1] The US is a key market for Indian ready-made garment exports. America accounts for 33 per cent of India’s total garment exports in 2024. | Photo Credit: SIVA SARAVANAN S Seeking immediate fiscal support of the government, apparel exporters body AEPC on Thursday said the doubling of tariffs to 50 per cent by the Trump administration on Indian goods
ECI issues notification for Vice-Presidential election 2025; nominations begin today
[ad_1] The Election Commission of India (ECI) on Thursday issued the official notification for the conduct of the Vice-Presidential Election, 2025. Acting under the provisions of the Presidential and Vice-Presidential Elections Act, 1952, the Commission announced the timeline for nominations, scrutiny, withdrawal of candidature, and polling — if required. The notification, dated August 7, has been published in the ‘Gazette
Germany moves to fast-track geothermal energy projects
[ad_1] A general view of a cogeneration plant in Schwerin, Germany. File | Photo Credit: Reuters Germany’s Cabinet approved a draft law on Wednesday (August 6, 2025) aimed at fast-tracking the rollout of geothermal energy projects, as part of its goal to eliminate fossil fuel-based heating by 2045. Interest in geothermal energy has surged since Russia’s 2022 invasion of Ukraine
‘The only thing to stop America would be … ‘: Trump’s reciprocal tariffs take effect at midnight; billions to start flowing into US
[ad_1] US President Donald Trump on Wednesday announced that the reciprocal tariffs would take effect at midnight, targeting countries he said have exploited the United States for years.In a series of posts on Truth Social, Trump said the tariffs would bring in billions of dollars, while once again attacking the US judicial system, warning that only a “radical left court”
TCS to roll out wage hikes for about 80% of employees, effective from September 1
[ad_1] India’s largest IT services company Tata Consultancy Services (TCS) on Wednesday, August 6, 2025, informed employees that it will roll-out wage hikes for about 80% of workforce, covering mid to junior levels. | Photo Credit: Reuters India’s largest IT services company Tata Consultancy Services (TCS) on Wednesday (August 6, 2025) informed employees that it will roll-out wage hikes for
Uber in talks with banks, private equity firms to fund robotaxi expansion
[ad_1] Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business. | Photo Credit: Reuters Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said, as the ride-hailing giant bets on a mass roll-out of the nascent and much-scrutinized technology.
E.l.f. Beauty (ELF) earnings Q1 2026
[ad_1] E.l.f. Beauty’s profits fell 30% in its fiscal first quarter as new tariffs on Chinese imports begin to affect the cosmetic company’s bottom line. In the three months that ended on June 30, E.l.f.’s net income fell to $33.3 million, down 30% from $47.6 million a year ago. The company, which sources about 75% of its products from China,
Use crisis to unleash reforms: Mahindra
[ad_1] MUMBAI: Industrialist Anand Mahindra has said that US tariffs will have the unintended consequences of creating new growth drivers, and India should use the opportunity to unleash reforms like in 1991 and promote tourism as a forex engine. In an elaborate post on X following the tariff announcements, the Mahindra & Mahindra chairman outlined his two proposals – creating
BCS Ratna Awards 2025: Zee Business wins ‘Best Business News Channel of the Year’ title
[ad_1] Zee Business — the country’s leading Hindi business news channel — has secured a prestigious award in the world of journalism. The title it is proud to have bagged is ‘Best Business News Channel of the Year’ in the Hindi category at the eleventh edition of the annual BCS Ratna Awards. The 2025 edition of BCS Ratna Awards was
Donald Trump’s 25% additional tariff on India: Anand Mahindra cites ‘law of unintended consequences’; says global ‘Manthan’ can yield ‘Amrit’ for India
[ad_1] As India braces for a fresh round of tariffs imposed by the United States, Mahindra Group chairman Anand Mahindra urged the country to turn the crisis into a powerful opportunity by implementing bold economic reforms.On Wednesday, US President Donald Trump signed an executive order to impose an additional 25% tariff on Indian imports, citing India’s continued oil trade with
Andhra Pradesh launches LIFT 4.0 Policy: Land at 99 paise to attract IT, GCC investors
[ad_1] The policy aims to reposition Andhra Pradesh as a tech hub post the loss of Hyderabad and counters high costs in Tier-1 cities. In a move to attract investments to the State, the Andhra Pradesh Cabinet approved the Land Incentive for Tech Hub (LIFT) Policy 4.0 for IT and ITES companies on Tuesday. As part of this, the State
Divi’s Q1 net up 27% YoY to ₹545 crore, slips sequentially
[ad_1] Active pharmaceutical ingredient (API) manufacturer Divi’s Laboratories reported consolidated net profit for June quarter increased nearly 27% to ₹545 crore compared with ₹430 crore a year earlier. The net profit came on an almost 14% increase in the revenue from operations to ₹2,410 crore (₹2,118 crore). Sequentially, however, both the net profit and revenue from operations declined. The company,
Decision to hold rates anchored within uncertainties: SBI Chief Setty
[ad_1] C.S. Setty | Photo Credit: By arrangement The MPC’s decision to hold rates was mostly on expected lines anchored within the uncertainties posed by the lagged response of policy, trade and bottoming of inflation in some advanced economies, said C.S. Setty, Chairman, State Bank of India (SBI) and Chairman of the Indian Banks’ Association (IBA). He said while inflation would remain
SC directs liquidation of regulatory assets owed to discoms over a four-year period
[ad_1] NEW DELHI, 04-08-2025 -Supreme Court of India slams Rahul Gandhi on his remarks on Chinese occupation on Monday, August 4th, 2025. Photo: DEEPIKA RAJESH / INTERN / THE HINDU. | Photo Credit: DEEPIKA RAJESH INTERN NW DELHI The Supreme Court on Wednesday gave States and Union Territories a four-year deadline to liquidate long-pending regulatory assets or dues owed to