India’s leading IT services exporter, Tata Consultancy Services (TCS), announced on Friday, June 14, that it has received an adverse judgment from the United States District Court, Northern District of Texas, Dallas Division. “…we hereby inform you that the Company has received an adverse judgement passed by United States District Court, Northern District of Texas, … Read more
(Updates prices, adds OPEC comments on peak oil in paragraphs 2-5) By Laila Kearney NEW YORK, June 13 (Reuters) – Oil prices rose slightly on Thursday in up-and-down trade, pressured by rising U.S. crude and fuel supplies and expectations of a delayed start to Federal Reserve interest rate cuts but supported by U.S. economic data … Read more
BRICS members – Photo: ANI Expansion The BRICS countries on Monday stressed the need to use local currencies in international trade and financial transactions. These countries are also committed to rule-based, open and transparent global trade. Remove this video/ad BRICS meeting was held Let us tell you that the meeting of BRICS foreign ministers was … Read more
Blackstone sold 29.5 million shares in Mphasis Ltd, amounting to a 15.6% stake, via a block deal early on 10 June, as per data on Bloomberg terminal. With this, Blackstone has sold shares amounting to ₹7,066 crore in the information technology services company. Mphasis shares were trading down 2.51% at ₹2,409.85 apiece at 9.40 am … Read more
Hyderabad: A man from Andhra Pradesh, said to the kingpin in a massive organ trade racket, has been arrested from Hyderabad. Bellamkonda Ram Prasad, 41, also known as Prathapan, was tasked with finding donors who would match recipients, the police said. Investigations in the Nedumbassery case that surfaced in Kerala, indicated that Prasad facilitated over … Read more
Sindhu Trade Links Q4 Results Live : Sindhu Trade Links announced their Q4 results on 30 May, 2024, revealing a significant increase in revenue by 1305.92% year-on-year. However, the company reported a loss of ₹101.97 crore for the quarter. It is noteworthy to mention that in the same period of the previous fiscal year, Sindhu … Read more
The Maldives is one of India’s key maritime neighbours in the Indian Ocean Region. New Delhi: India on Thursday said it has not made any proposal to the Maldives for a bilateral free trade agreement (DTA) and that it was ready to consider if the island nation expresses interest in such a pact. “No specific … Read more
Business leaders urged Shehbaz Sharif to initiate trade talks with India to promote business. Islamabad: Pakistan business leaders in an interactive session with Prime Minister Shehbaz Sharif urged him to initiate trade talks with India to promote business and commerce which would greatly benefit the economy of the cash-strapped country. Posing tough questions during an … Read more
Washington — U.S. officials are considering Vietnam’s request to be removed from a list of “non-market” economies, a move that would spur improved diplomatic ties with potential allies in Asia but anger some U.S. lawmakers and manufacturing companies. The Southeast Asian country is classified by the United States as one of the non-market economies, which … Read more
China on Friday imposed tariffs on U.S. imports of an acid widely used in food, feed, pesticides and medical fields, amid heightened bilateral trade tensions with Washington. The Commerce Ministry said in a statement that it would impose a 43.5% tariff on propionic acid imports from the United States starting on Saturday, after an investigation … Read more
Madhavi Latha is the candidate of the Bharatiya Janata Party for the Hyderabad Lok Sabha seat. Hyderabad: The Telangana BJP Lok Sabha candidate’s gesture at an election rally – pretending to pull an arrow and shoot an arrow near a mosque – came under severe criticism, with AIMIM president Asaduddin Owaisi slamming him ‘Vulgar, obscene … Read more
Beijing – German Chancellor Olaf Scholz arrived in China on Sunday in a visit that focused on growing economic tensions and disagreements over Russia’s invasion of Ukraine. Scholz’s first destination is the industrial hub of Chongqing, where he and his delegation of ministers and business leaders will visit a company partly funded by Germany and … Read more