Business Trade
The United States recently imposed a 50% tariff on Indian goods, including shrimp, making Indian exports far less competitive in the U.S. market. This has prompted Indian shrimp exporters to seek alternate destinations to sustain their trade. China Emerges as New Destination Exporters are now turning to China, which is increasingly seen as a promising […]
Business
Shares of Hindustan Copper jumped about 7%, reaching ₹330 in intra-day trade, edging closer to its 52-week high of ₹353. The rally continued for the fifth straight session. Copper Prices Drive Momentum The stock’s rise was supported by a surge in global copper prices. On the London Metal Exchange, copper futures hit a 15-month high […]
Business
President Donald Trump is expected to sign off on a deal for TikTok on Thursday, a White House source has confirmed. The move comes after months of negotiation over the app’s ownership and operations in the U.S. Divestment And National Security The deal is expected to involve divestment of TikTok’s U.S. operations from its Chinese […]
Business
The Government of India has changed the import policy for silver and certain silver jewellery items, making them “Restricted” instead of “Free”. This restriction will remain in place until March 31, 2026. Reason Behind the Move Officials say the change was prompted by a sharp rise in silver imports, especially from ASEAN countries like Thailand. […]
Business
Prosus, the global investment firm, is set to put around $350 million into Rapido, the bike-taxi and ride-hailing platform, through a mix of fresh capital and secondary share purchases. Reason Behind the Move The investment follows Swiggy’s decision to exit completely from Rapido, selling its ~12% stake to resolve conflict issues since Rapido is entering […]