[ad_1] President Donald Trump singled out Brazil for import taxes of 50 per cent on Wednesday for its treatment of its former president, Jair Bolsonaro, showing that personal grudges rather than simple economics are a driving force in the US leader’s use of tariffs. Trump avoided his standard form letter with Brazil, specifically tying his tariffs to the trial of

[ad_1] US President Donald Trump announced on Wednesday his intention to implement a 50% tariff on Brazilian imports, partially responding to what he terms a “witch hunt” against his political ally, former Brazil President Jair Bolsonaro, who faces coup-related charges.Trump’s letter addressed to President Luiz Inácio Lula da Silva stated the tariffs would commence August 1. “The way that Brazil

[ad_1] Image used for representative purposes NEW DELHI: Manipal Hospitals announced on Wednesday that it signed definitive agreements to acquire Sahyadri Hospitals from Ontario Teachers’ Pension Plan (Ontario Teachers’), a global investor. The acquisition will bring Ranjan-Pai backed Manipal’s total bed count to about 12,000, making it one of India’s largest hospital networks, says a company statement. Financial details of

[ad_1] Piyush Goyal (File photo) New Delhi: Commerce and industry minister Piyush Goyal said on Wednesday that free trade agreements (FTAs) will help domestic farmers with greater market access in. Australia, UAE, UK and EFTA countries.“We have reduced non-trade barriers for our farmers…We are doing FTAs with developed markets…Australia, UAE, EFTA, UK…through these agreements, we have opened up new markets

[ad_1] MUMBAI: Another large-size IPO is being planned in the current year. Prudential Corp of UK, the joint venture partner of ICICI Bank in ICICI Prudential Asset Management, is selling 10% stake in the company through an initial public offering that could be worth around Rs 10,000 crore. On Tuesday, the AMC had filed the papers with Sebi, ICICI Bank,

[ad_1] Nirmala Sitharaman (File photo) NEW DELHI: Easing of financing conditions is expected to help improve credit prospects for the NBFC sector, according to finance minister Nirmala Sitharaman. Recent regulatory measures, such as the restoration of risk weights on bank lending and easing of financial conditions, are anticipated to further enhance credit prospects, thereby strengthening the overall funding environment for

[ad_1] Nvidia became the first company in history to achieve a $4-trillion market valuation, cementing its status as a kingpin in the global financial market.Shares jumped 2.8% to $164 on Wednesday to crack the milestone, marking a stunning rebound following a rough start to the year, when spending fears sparked by China’s DeepSeek, along with US President Donald Trump’s trade

[ad_1] NEW YORK: Samsung is ready to shift a part of its smartphone production from Vietnam, if US tariffs become lower in India. This would see the world’s biggest smartphone maker following American rival Apple in making India a top hub for making smartphones for the US market.“Samsung has production presence in several countries. Uncertainty in the US is currently

[ad_1] NEW DELHI: In his latest salvo against US trading partners, US President Donald Trump threatened aggressive tariffs on drug imports, raising fresh concerns for the export-intensive domestic pharma sector. “Pharma is going to be tariffed at a very, very high rate, like 200%,” Trump said late on July 8. Tariffs on pharmaceuticals would come into effect after a grace

[ad_1] MUMBAI: In a move reminiscent of Hindenburg going short on Adani Group, US-based financial researcher Viceroy Research said Wednesday it was “shorting” the debt stack of metal tycoon Anil Agarwal-controlled Vedanta Resources, the UK-based parent of Mumbai-listed miner Vedanta, as it believes the entire group structure is ‘financially unsustainable’, operationally compromised, ‘a house of cards’, poses severe risks to

[ad_1] Boxes of various Kellogg’s cereals are displayed on shelves at a Walmart Supercenter on May 6, 2025 in Austin, Texas. Brandon Bell | Getty Images Shares of WK Kellogg soared more than 50% on Wednesday following a report that chocolate maker Ferrero is close to a roughly $3 billion deal to buy the cereal company. The Italian company known

[ad_1] Catastrophic flooding in Texas has killed over 120 people, with 173 still missing after the Guadalupe River became a deadly “tsunami,” rising 26 feet in 45 minutes. This tragedy in “flash flood alley” reflects a national crisis: extreme weather events are now 58% more frequent than in the 1980s, yet public attitudes and infrastructure haven’t adapted. According to an

[ad_1] At the annual Sun Valley “summer camp for billionaires” on Tuesday (July 8), OpenAI CEO Sam Altman took a jab at former partner Elon Musk while weighing in on Musk’s crumbling relationship with President Donald Trump, during a conversation with The New York Post. From allies to adversaries Altman and Musk co-founded OpenAI in 2015 but had a falling

[ad_1] US President Donald Trump is speeding up his search for Jerome Powell’s replacement as Federal Reserve chair, targeting candidates who support faster interest rate cuts. Powell’s term ends in May 2026, but Trump may announce a successor this summer to pressure the current chair. Who are the top contenders? Top contenders include Treasury Secretary Scott Bessent, Fed Vice Chair

[ad_1] S President Donald Trump on Wednesday (July 9) said he believed a ceasefire agreement between Israel and Hamas was imminent. “I will tell you, we’re getting very close to a deal,” Trump said. “We want to have a ceasefire. We want to have peace. We want to get the hostages back. And I think we’re close to doing it.”

[ad_1] US President Donald Trump admitted on Wednesday (July 9) that he remains unsure who ordered the temporary halt of weapons shipments to Ukraine, even after reversing the decision and approving more aid. “Yesterday, you said that you were not sure who ordered the munitions halted to Ukraine. Have you since been able to figure that out?” a reporter asked

[ad_1] MUMBAI: After a few months of flat growth in inflows by retail investors through SIPs in mutual fund schemes, the northward movement is back. In June, gross inflows through SIPs in MFs – an investment segment within the MF industry that is dominated almost entirely by retail investors – touched a new all-time peak at Rs 27,269 crore.This showed

[ad_1] As Linda Yaccarino steps down from her high-profile role as CEO of X, financial details about her career and compensation are drawing fresh attention. According to Market Realist, Yaccarino boasts a net worth of approximately $40 million, built through decades of work in media, advertising, and most recently, at the helm of Elon Musk’s social media platform. Yaccarino, a

[ad_1] Dr. Ranjan Pai, Chairman, Manipal Education and Medical Group. Manipal Hospitals on Wednesday (July 9, 2025) evening said it signed definitive agreements to acquire Pune-based Sahyadri Hospitals from Ontario Teachers’ Pension Plan (Ontario Teachers’) for around ₹6,000 crore. Ontario Teachers’ is a Canadian global investor with net assets of $194 billion as of December 31, 2024.  The acquisition of Sahyadri

[ad_1] Google could face massive EU fines after failing to resolve a fight over its search results. At a July 7-8 workshop, Google suggested putting competitors like Skyscanner and Booking.com in a special box at the top of travel search pages.  Critics immediately rejected both options, arguing they still favor Google’s own services like Google Hotels and Google Flights. The

[ad_1] A major new survey shows the United States is seen as the most important ally by people in 15 countries, but also viewed as the greatest threat by those in eight nations. The Pew Research Center asked 31,938 adults across 25 countries to name their nation’s top ally and biggest threat without suggesting choices. Israel showed the strongest US

[ad_1] South Korean court has approved the arrest of ousted former President Yoon Suk Yeol on serious criminal charges related to his brief imposition of martial law last December, marking a dramatic escalation in the legal battle surrounding his failed attempt to cling to power. The Seoul Central District Court granted special prosecutor Cho Eun-suk’s request on Wednesday, citing the

[ad_1] A day after the cloudburst was reported near Mukh village, close to Nandprayag Ghat in Chamoli district of Uttarakhand, the situation in the state has worsened with rivers flowing above danger mark and floods reported in various places. According to reports, Alaknanda river in Rudraprayag has swelled after heavy rainfall, submerging the idol of Lord Shiva, temples and ghats.

[ad_1] The Defence Research and Development Organisation (DRDO) has signed over 2,000 technology transfer agreements and issued more than 200 production licences so far in 2024, significantly advancing India’s push for self-reliance in defence manufacturing, a senior official said on Wednesday.“Over 2,000 agreements were signed for technology transfer licences,” said Dr Chandrika Kaushik, Director General (PC&SI), DRDO, speaking at the

[ad_1] Optical illusions have become quite the rage on social media. Beware, it is not as simple as it looks. The challenge seems straightforward at first glance: you are shown a grid of the repeated word ‘RAOR’ with one correctly written spelling hiding amidst the visual chaos. The twist? You only have seven seconds to find it! Some people can