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Trump tariffs hit India’s manufacturing sector! PMI falls to 9-month low in November; but how big is the loss?

The PMI after seasonal adjustments, declined to 56.6 in November from October’s 59.2. (AI image) US President Donald Trump’s 50% tariffs on India have hit the manufacturing sector, but the impact has been somewhat cushioned by diversification to other countries. The manufacturing activity in India experienced a slowdown to a nine-month low during November, attributed…

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Father’s guarantee: Oracle co-founder Larry Ellison backstops son’s $78bn Paramount bid for Warner Bros. Discovery | Business

Oracle co-founder Larry Ellison has stepped in to personally guarantee more than $40bn in financing for Paramount Skydance’s hostile $78bn bid for Warner Bros. Discovery. The move follows open scepticism from WBD’s board over whether the offer was fully funded and capable of closing. By putting his own wealth on the line, Ellison aims to…

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Civil aviation minister vows ‘very, very strict action’ against IndiGO | India News

NEW DELHI: Under fire for its handling of the IndiGo crisis, govt said on Monday it would set an “example” for other airlines with “very, very strict action” against the budget carrier once the probe into the massive flight disruptions is complete. The unprecedented disruption was caused by an “internal crisis” in the airline, Union…

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Global price shock: RBI warns of ‘second-round effects’ amid West Asia tensions

The Reserve Bank of India (RBI) has cautioned that possible second-round effects, where supply shocks could transform into demand-side pressures, require careful and continuous assessment amid the ongoing West Asia conflict, according to the April edition of its bulletin.The bulletin noted that while the ceasefire between the United States and Iran has provided some breather…

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Santiment Flags Risk As Crypto Bullish Talk Spikes While BTC Holds Near $80K

Crypto bullish chatter on social media has surged to levels that, according to crypto sentiment platform Santiment, could signal the current market uptrend may be short-lived. “Rallies that arrive with a confident crowd tend to fade faster than those climbing a “wall of worry,” Santiment said in a report published on Saturday. “Those climbing skepticism…

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Canada top cop: ‘Copycats’ likely using Lawrence name | India News

NEW DELHI: The reversal of its earlier stand by the Royal Canadian Mounted Police (RCMP) not only marks a major turning point in the Indo-Canadian diplomatic relations but also displays a conscious reframing of Canada’s official narrative surrounding the alleged operations of Lawrence Bishnoi gang.Speaking about the Lawrence Bishnoi gang’s footprints on the Canadian underworld…

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