Business

India’s merchandise exports to the United States fell 11.93% to $5.46 billion in September amid Washington’s 50% tariff on Indian goods, while imports from the US rose 11.78% to $3.98 billion, according to data from the commerce ministry.During April–September FY26, exports to the US grew 13.37% to $45.82 billion, while imports increased 9% to $25.6…

A consortium led by global asset manager BlackRock, along with chipmaker Nvidia and tech giant Microsoft, is set to acquire Aligned Data Centers from Australian financial services major Macquarie in a deal valued at around $40 billion.The acquisition underscores the tech sector’s escalating race to build artificial intelligence infrastructure — from chips and servers to…

(Left to right) Unsoo Kim, MD – HMIL, José Muñoz, President & CEO – Hyundai Motor Company and Tarun Garg, whole-time director & COO – HMIL Jose Munoz literally shattered the glass ceiling as he became the first non-Korean to become the global CEO and President of Korean automotive giant Hyundai in Jan 2025. A…

Air India is negotiating with Airbus and Boeing to acquire up to 300 aircraft, including as many as 80 to 100 wide-body jets, as part of an accelerated expansion of its fleet under the Tata Group, Reuters reported citing sources familiar with the matter on Wednesday.The talks come on top of earlier discussions for around…

Silver rate today: Silver prices retreated sharply on Wednesday, dropping Rs 3,000 to close at Rs 1,82,000 per kg (inclusive of all taxes) after surging Rs 6,000 to a record Rs 1,85,000 per kg on Tuesday. In the overseas market, spot silver was trading 2.81 per cent higher at $52.84 per ounce, down from a…

Reserve Bank of India Governor Sanjay Malhotra indicated that policy space exists for a further rate cut, but the timing needs to be right to ensure the move has the desired impact, according to minutes of the Monetary Policy Committee (MPC) meeting released on Wednesday.Malhotra, along with five other MPC members, voted to maintain the…

NEW DELHI: Government sources on Wednesday said that discussions between India and the United States on trade issues are “deeper and ongoing,” with both sides working towards finding a “win-win solution.“According to government sources quoted by ANI, engagement between India and the United States is continuing at multiple levels, with constructive discussions taking place.“The ambassador-designate…

Gold’s price trajectory shows remarkable momentum, with a nearly 50% increase this year and breaking the $4,000 per ounce threshold. Analysis suggests potential growth of 150% by 2028 at the current rate, according to reports.Ed Yardeni, who leads Yardeni Research, maintains a strongly positive outlook on gold, as per Economic Times citing his report. His…

Tarun Garg (File photo; credit- Hyundai website) Hyundai Motor India announced on Wednesday the appointment of Tarun Garg as its new chief executive officer, establishing a historic milestone as the first Indian to lead the company’s operations in the country. The announcement was made alongside the disclosure of a $5 billion investment strategy for enhancing…

Silver has become 2025’s most profitable investment, with silver exchange-traded fund (ETF)s yielding impressive 102% returns this calendar year. The industrial metal’s value has reached unprecedented levels, trading at approximately Rs 1.8 lakh in the spot market, with analysts forecasting targets up to Rs 2.46 lakh per kg, driven by increased demand and limited supply.Traditional…