Business

US President Donald Trump on Monday criticised the US Supreme Court’s decision to invalidate his global tariffs, warning that the ruling could cost the United States trillions of dollars. He said that the verdict will benefit foreign countries and companies that have been “ripping off the United States of America” for decades.” Commenting on his…

MUMBAI: Ahead of the onset of peak summers, a brisk business season for consumer durables companies, some AC makers are feeling the heat of the West Asia war as restricted supplies of LPG and shortage of petrochemicals are beginning to hit production, industry executives said. LPG is used in processes such as brazing of copper…

Gold and silver prices began Monday with sharp losses on the Multi Commodity Exchange of India as surging energy costs weakened expectations of near term interest rate cuts in the United States due to rising inflation concerns. Worries that the Federal Reserve may find it difficult to reduce rates if oil prices remain high have…

Stock market today (AI image) Stock market today: After a week of selloff, Nifty50 and BSE Sensex opened flat in trade on Monday. While Nifty50 was below 23,150, BSE Sensex was down around 100 points. At 9:17 AM, Nifty50 was trading at 23,127.30, down 24 points or 0.10%. BSE Sensex was at 74,472.58, down 91…

MUMBAI: Gems and jewellery exports grew 4% year-on-year to $2,681 million (Rs 24,340 crore) in Feb, following the industry’s diversification into other markets, according to the Gem and Jewellery Export Promotion Council (GJEPC).Overall exports stood at $2,581 million (Rs 22,460 crore) in same month of 2025, GJEPC data showed. “Past year has been challenging for…

NEW DELHI: The ongoing conflict in West Asia is pushing up costs for India’s apparel exporters, adding between Rs 12 and Rs 55 for every single garment exported due to longer shipping routes and war-related surcharges, according to estimates by the Apparel Export Promotion Council (AEPC).“A potential decline of apparel export orders to West Asia…

MUMBAI: Tata Trusts has appointed Tata veteran Farokh Subedar, 71, as a consultant, according to people in the know. Subedar, who was with the Tata Group until last year, had shared the board at Tata Investment Corporation with Noel Tata, chair of Tata Trusts.The foundations are also considering former Tata Steel VP (corporate services) Chanakya…

NEW DELHI: India’s meat exporters are facing logistics disruptions and sharply rising freight costs due to the ongoing West Asia conflict, even as demand from the region remains largely stable, industry representatives said.Secretary general of the All India Meat & Livestock Exporters Association (AIMLEA), RK Boyal, told TOI that exporters do not see any major…

The International Energy Agency (IEA) said on Sunday that strategic oil reserves will be released “immediately” in Asia and Oceania, while supplies from member countries in the Americas and Europe will begin flowing from the end of March, as governments move to cushion the oil shock caused by the ongoing West Asia war.As per news…

BENGALURU: Edtech firm Upgrad has signed a term sheet to acquire rival Unacademy in an all-stock transaction, founders of the two companies said in separate posts on X on Saturday, marking a significant consolidation move in India’s education technology sector.“We at Upgrad have signed a term sheet to acquire Unacademy in an all-stock deal,” Upgrad…