Bumper harvest: Tractor sales grow 20% to 11L in ’25

CHENNAI: The Indian tractor industry closed 2025 on a high note, with annual domestic volumes crossing the one-million-unit mark for the first time in its history. Exports also rebounded strongly, crossing the onelakh-unit milestone after a two-year gap.Total domestic tractor sales touched 10.9 lakh units in 2025, compared with 9.1 lakh units in 2024, posting…

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Won’t let US public be ripped off! Trump puts 10% cap on credit card interest rates; slams ‘sleepy Joe’ admin

US President Donald Trump on Friday (local time) announced plans to cap credit card interest rates at 10% for one year, saying the move is aimed at easing affordability concerns for American consumers. He also criticised the previous Joe Biden administration for not checking high interest rates in recent years.In a post on Truth Social,…

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US 500% tariff threat: Garment exporters will ‘have to take risk’; traders brace for next shock

As Indian garment makers switch on machines for the next US fall-winter cycle, the industry is bracing for another potential shock, with the threat of a 500% tariff clouding export prospects and factory utilisation.Exporters say buyer sentiment has shifted sharply in recent weeks. “Buyers who were earlier considering shifting some orders to India no longer…

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Glitch reporting rules for brokers streamlined

MUMBAI: Markets regulator Sebi on Friday said that brokers with less than 10,000 clients do not need to report technical glitches at their end. It also doubled the reporting time for such incidents to two hours, and also excluded brokers from complying to the rules when technical glitches do not affect trading, and also the…

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‘If you want to go in…’: Oil chiefs express caution as Trump pushes oil plan — what happened at the meeting

US President Donald Trump held talks with senior oil executives on Friday (local time), pushing them to consider investments in Venezuela’s oil sector following the capture of President Nicolas Maduro. While Trump presented the country as newly secure and open for business, industry leaders responded cautiously, with one major executive saying Venezuela remains “uninvestable” without…

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Deeptech funding climbs to $1.6bn but deal nos fall

BENGALURU: India’s deeptech funding rose in 2025 even as investor risk appetite tightened, with capital flowing to fewer companies, at later stages, and in larger cheque sizes. The shift lifted overall funding levels despite a sharp fall in the number of deals, highlighting a move towards selectivity and concentration rather than a broad-based return of…

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