Business

Google has filed a notice to appeal a US federal court ruling that held it guilty of maintaining an illegal monopoly in online search, according to court records, AFP reported.A US district judge had ruled in 2024 that the internet major monopolised search and text advertising by using exclusive distribution agreements that made it the…

The European Union and the Mercosur on Saturday formally signed a long-awaited free trade agreement, closing more than 25 years of negotiations and creating one of the world’s largest integrated trading zones.The agreement was signed in Asunción, marking a significant geopolitical win for the EU at a time of intensifying global trade frictions, rising tariffs…

NEW DELHI: The Budget is not just an economic document or an annual statement of accounts of the central government – it’s the road map that sets the tone and direction of economic reforms and growth. It also signals policy direction to citizens, businesses and investors, shaping confidence and long-term economic outcomes. Over the last…

Canadian Prime Minister Mark Carney has announced a new trade agreement with China.Carney said that the deal would open markets for Canadian businesses and workers. ‘China Superpower, Reliable’: Carney DUMPS Trump For Xi, Then Gives TARIFF SHOCK To U.S. In a post on social media platform X, Carney said, “We’ve secured a new trade agreement…

India’s merchandise exports are likely to face intensifying pressure in the coming months as uncertainty over the proposed US-India trade deal persists and concerns grow over possible additional US levies linked to India’s crude oil purchases from Russia, ratings firm CRISIL said.In its latest assessment, CRISIL warned that near-term stress could emerge in select agri-export…

Two Republican lawmakers have urged US President Donald Trump to press for better access for American pulse crop producers in the Indian market as part of ongoing trade negotiations between Washington and New Delhi.In a letter dated January 16, Senators Steve Daines of Montana and Kevin Cramer of North Dakota called on Trump to include…

China has pushed its holdings of US government debt down to their lowest level in nearly two decades, underscoring a steady recalibration of its foreign exchange reserves away from dollar assets and towards gold and overseas investments amid strained ties with Washington, PTI reported.Data released by the US Department of the Treasury shows that China’s…

Representative image (AI-generated) As the Union Budget approaches, India’s cryptocurrency sector is seeking clear rules for digital assets. It is also seeking for a rationalisation of the 1% TDS on crypto transactions to boost investor confidence and encourage onshore participation.In the Union Budget 2025, the finance minister left the existing tax framework for VDAs unchanged,…

US President Donald Trump’s aggressive and unpredictable tariff strategy is beginning to redraw global trade alignments, with long-standing US partners actively seeking alternatives — and China emerging as a key beneficiary.Canada delivered the clearest signal yet of this shift on Friday, cutting its 100% import tax on Chinese electric vehicles in exchange for sharply lower…

Representative image (AI-generated) Employees’ Provident Fund Organisation (EPFO) subscribers will soon be able to withdraw their provident fund savings directly into their bank accounts using the Unified Payments Interface (UPI). The system is expected to be operational by April 2026. The move is aimed at simplifying access to funds and reducing delays in withdrawals for…