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Business / The Hindu

WTO forecasts global merchandise trade to fall 0.2% amid tariff tensions

Trade could shrink even further, to 1.5% in 2025, if the situation deteriorates, it says in Global Trade Outlook and Statistics report; this will be in sharp contrast to 2024 when the volume of world merchandise trade grew by 2.9%

16 Apr 2025 10:29 pm
16 Apr 2025 10:06 pm
16 Apr 2025 9:43 pm
Wipro Q4 net rises 26% to 3,570 crore, firm lowers revenue guidance for June quarter

The macroeconomic uncertainties following Trumps tariffs and the resulting trade wars have been putting downward pressures on the companys revenues. This will further continue to impact performance in FY26, says Bengaluru-based tech firm

16 Apr 2025 9:11 pm
Trade war may led to freight rates surging 30% as containers pile up in China

Shippers to the U.S. and Indian exporters were bracing for the freight hikes and delays which could lead to losses in the foreign trade

16 Apr 2025 8:28 pm
Gold soars 1,650 to scale fresh peak of 98,100 per 10 gm; silver jumps 1,900

Gold surged to a record high, driven by growing trade war concerns after the U.S. government tightened export rules to China, Kaynat Chainwala, AVP-Commodity Research, Kotak Securities, said

16 Apr 2025 5:12 pm
Sensex rallies for 3rd day to regain 77,000-mark; Nifty climbs 108.65 points

During the day, it hit a high of 77,110.23 and a low of 76,543.77, gyrating 566.46 points

16 Apr 2025 4:44 pm
Yes Bank gets demand notice of 244 crore from I-T Department

The reassessment order considered the income reported in the return of income instead of assessed income, for computing the reassessed income and tax thereon, Yes Bank said in a regulatory filing

16 Apr 2025 4:41 pm
Rupee gains 12 paise to settle at 85.68 against U.S. dollar

Positive domestic macroeconomic numbers amid the 90-day pause on U.S. reciprocal tariffs triggered a buying rush in equities, strengthening the local currency, according to forex traders

16 Apr 2025 4:23 pm
TiE to host workshop on storytelling in Mysuru

The workshop will focus on helping entrepreneurs and business professionals master the art of storytelling to drive impact, inspire action and build lasting connections

16 Apr 2025 3:47 pm
Govt plans to take up 50 airport development projects in 5 years

The Centre plans 50 airport projects in 5 years to boost aviation ecosystem, focusing on PPP and land acquisition

16 Apr 2025 3:13 pm
Chinas economy grows at 5.4% annual pace in January-March as Beijing touts open trade

Chinese leader Xi Jinping's visits is visiting several other Asian countries this week as he makes a case for free trade, presenting China as a source of stability and certainty in uncertain times

16 Apr 2025 12:58 pm
Figma confidentially files for much awaited US IPO after $20 billion Adobe deal collapse

Cloud-based designer platform Figma on Tuesday confidentially filed for an initial public offering in the United States

16 Apr 2025 11:45 am
Rupee appreciates 26 paise to 85.54 against U.S. dollar in early trade

Rupee strengthens to 85.54 against dollar on inflow of foreign capital, weak U.S. currency, and lower oil prices

16 Apr 2025 11:15 am
Arvind Panagariya to meet Chandrababu Naidu today

Andhra Pradesh CM Chandrababu Naidu will be making a presentation to the Finance Commission on the State finances

16 Apr 2025 11:02 am
PwC exits more than a dozen countries to avoid scandals: report

Local leaders at the firm said they lost over a third of their business in recent years after pressure from PwC's global executives to drop risky clients, according to the report

16 Apr 2025 10:58 am
China appoints new top international trade negotiator amid tariff tensions with U.S.

The Chinese government said that Li Chenggang has been appointed to replace Wang Shouwen, who participated in the trade negotiations for the 2020 trade deal between the China and the U.S.

16 Apr 2025 10:46 am
Markets trade flat after two days of sharp rally amid sluggish global trends

After two days of sharp rally, the 30-share BSE benchmark Sensex declined 165.3 points to 76,569.59 in early trade. The NSE Nifty dipped 51.55 points to 23,277

16 Apr 2025 10:36 am
Laurus Labs API plant in Vizag gets EIR from U.S. FDA

The U.S. FDA had inspected the API manufacturing facility Unit4 in Atchutapuram, Anakapalli district from January 27-31 and issued a Form 483 with one observation.

16 Apr 2025 10:18 am
Belagavi milk union records 13.2 crore profit

It is unprecedented, says BEMUL Chairman Balachandra Jarkiholi

16 Apr 2025 10:04 am
Karnataka Gig Workers Bill: What stayed and what changed

Karnataka Platform-based Gig Workers (Social Security and Welfare) Bill, 2024,if passed, would make the State the second in the country to introduce a legislation for the welfare of platform-based gig workers after Rajasthan.

16 Apr 2025 6:33 am
NITI Aayog sees bright future for India in power and hand tools export

The report noted that there is a transformative potential of hand and power tools industry for the countrys economic growth

16 Apr 2025 3:09 am
Post spin off, Continental Automotive to get a new name, brand identity on April 23

German auto tech firm Continental has over 10,000 people in India across 12 locations, including six plants and a tech centrein Bengaluru that supports Continentals global R&D activities

15 Apr 2025 9:03 pm
Retail inflation eases to a 5.5 year low of 3.34% in March 2025as food gets cheaper

The slowing prices comes following two consecutive repo rate cuts of 25 basis points each by the RBI

15 Apr 2025 8:04 pm
Exports inch up 0.7% to $41.97 billion in March; trade deficit hits $21.54 billion

Indias exports and imports data form 2024-25 fiscal year shows slight increase in exports and significant rise in imports

15 Apr 2025 4:17 pm
IEA cuts 2025 world oil demand growth forecast on trade tensions

Deteriorating outlook for the global economy amid the sudden sharp escalation in trade tensions in early April has prompted a downgrade to our forecast for oil demand growth this year, said the IEA in a monthly report.

15 Apr 2025 4:12 pm
China stops Boeing jet deliveries amid trade war with U.S.: report

Beijing has also told its carriers to suspend purchases of aircraft-related equipment and parts from U.S. companies

15 Apr 2025 3:34 pm
Swiggy enters gig worker services market with Pyng app

Swiggy is diversifying its offering with a platform that lets people find professional freelancers

15 Apr 2025 12:33 pm
Sensex, Nifty surge on global markets rally after Trump's exemption for tariffs on electronics

BSE Sensex jumped 1,750.37 points in early trade. NSE Nifty surged 539.8 points

15 Apr 2025 10:25 am
Rupee surges 39 paise to 85.71 against U.S. dollar in early trade

At the interbank foreign exchange, the domestic unit opened strong at 85.85 and gained further to trade at 85.71 against the greenback in initial deals, 39 paise higher from the previous closing level

15 Apr 2025 9:43 am
Nvidia plans to manufacture AI chips in the U.S. for the first time

Nvidia announced that it will produce its artificial intelligence super computers in the US

15 Apr 2025 8:39 am
Meta CEO Mark Zuckerberg testifies at landmark US antitrust trial over WhatsApp, Instagram takeovers

Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which Meta stands accused of abusing its market power to acquire Instagram and WhatsApp

15 Apr 2025 8:22 am
How is RBI proposing to streamline rules of lending against gold?

The RBI, in the past, has flagged concerns relating to improper valuation of gold being kept as collateral and lack of transparency in norms and procedures

15 Apr 2025 7:00 am
SBI, Bank of India cut loan rates benefiting borrowers

Decision comes after Reserve Bank of Indias policy rate cut, making loans cheaper

14 Apr 2025 10:22 pm
Diesel demand growth falls to lowest since COVID-19 pandemic

Diesel consumption rose 2% to 91.4 million tonnes in 2024-25 (April 2024 to March 2025) fiscal, according to provisional data released by the Oil Ministry

14 Apr 2025 10:17 pm