China on Friday requested consultations with India at the World Trade Organisation (WTO), challenging New Delhi’s tariffs on information and communication technology (ICT) products and subsidy measures in the solar sector, according to PTI.In a statement, China’s Ministry of Commerce said India’s measures allegedly violate multiple WTO obligations, including the principle of national treatment, and…
India’s foreign exchange reserves rose by $1.689 billion to $688.949 billion in the week ended December 12, data released by the Reserve Bank of India showed on Friday, according to PTI.In the previous reporting week, the country’s overall forex reserves had increased by $1.033 billion to $687.26 billion.Foreign currency assets (FCAs), the largest component of…
By Francisco Rodrigues (All times ET unless indicated otherwise) Bitcoin BTC$88,036.37 rose above $88,000 even after the Bank of Japan increased interest rates to the highest in nearly 30 years, a move that would have been expected to strengthen the yen and make the carry trade less attractive. Instead, the currency weakened on concerns the…
Manikrao Kokate (File photo) NEW DELHI: The Bombay High Court on Friday suspended a two-year sentence to former Maharashtra minister Manikrao Kokate in a case centred around cheating and forgery connected to a government housing scheme. It also granted bail to the NCP leader.However, citing strong preliminary evidence of Kokate’s involvement, the court refused to…
Check out the companies making headlines before the bell. Oracle — Shares were up more than 5% in the premarket after TikTok agreed to sell its U.S. operations to a new joint venture that includes the software giant and private equity investor Silver Lake. CoreWeave — The stock rose 5.5% after the cloud infrastructure technology…
NEW DELHI: Tamil Nadu chief electoral officer Archana Patnaik on Friday said the draft electoral roll, after the Special Intensive Revision (SIR), for the state now includes 5,43,76,755 voters, comprising 2.66 crore women and 2.77 crore men.She said that prior to the SIR, the poll-bound state had around 6.41 crore registered voters, and the exercise…
AI image (For representative purposes only) When senior ministers began promising a $5-trillion Indian economy by 2024–25, it was sold as a near-term milestone that would change everyday life — more jobs, better infrastructure, bigger pay packets. In late 2022, home minister Amit Shah even declared that “India will become a 5 trillion dollar economy…
India and Oman are aiming to operationalise their recently signed Comprehensive Economic Partnership Agreement (CEPA) within the next three months, Commerce and Industry Minister Piyush Goyal said on Friday, signalling a faster rollout than several past trade pacts, PTI reported.The India–Oman free trade agreement was signed on December 18. Under the CEPA, Oman has offered…
Christopher Waller, governor of the US Federal Reserve, speaks during the C. Peter McColough Series on International Economics at the Council on Foreign Relations in New York, US, on Thursday, Oct. 16, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Christopher Waller had a “strong interview” for the central bank chair position…
The bankruptcy court-appointed administrator of the Terraform Labs collapse is suing Jump Trading, accusing the high-speed trading company of illegally profiting from and contributing to the $40 billion crash, according to the Wall Street Journal. Todd Snyder, tasked with winding down what remains of the crypto empire, is seeking $4 billion in damages from the…
