[ad_1] U.S. President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel to 50% from 25%, ratcheting up pressure on global steel producers and deepening his trade war. "We are going to be imposing a 25% increase. We're going...
[ad_1] 6,609 crore and it continued to lose subscribers.Raising fresh funds will be critical to the telco’s 4G and 5G expansion as it tries to stop user losses and turn around its business. The company said it would evaluate raising money by way of equity...
[ad_1] Deutsche Bank anchored the largest private credit deal outside of the US, garnering $3.35 billion for the Shapoorji Pallonji Group, as the infrastructure conglomerate used a part of its Tata Sons stake as collateral to draw commitments from the likes of BlackRock and Morgan...
[ad_1] The finance ministry has suggested that the Reserve Bank of India (RBI) exempt small borrowers, seeking credit below Rs 2 lakh, from its draft directions on lending against gold collateral to ensure speedy disbursal of such loans. It also said the proposed rules should...
[ad_1] MUMBAI: The Reserve Bank of India is of the view that linking finance companies' lending rates with external benchmarks is not feasible even as the regulator is aiming at improving weak transmission of policy rates.RBI's annual report released on Thursday shows that transmission of...
[ad_1] Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight of Wall Street Firms, in the Hart Building on Dec. 6, 2023.Tom Williams | Cq-roll Call, Inc. | Getty ImagesThe more Jamie Dimon worries,...
[ad_1] Pakistan would have been divided into four parts if the Indian Navy had also been pressed into action during Operation Sindoor, defence minister Rajnath Singh said on Friday, adding that if it tries another misadventure, the Navy could lead the opening assault."1971 is a...
[ad_1] Daniel Loeb has found himself a new goal as his hedge fund Third Point entered its milestone 30th year: To be a true winner in the red-hot artificial intelligence boom and not run over by it. "Change is happening at an ever accelerating and...
[ad_1] Check out the companies making headlines in midday trading: Costco — The wholesaler gained more than 3% on fiscal third-quarter results that surpassed analysts' estimates, while sales jumped 8% from the same period a year ago. Ulta Beauty — Shares of the beauty retailer...
[ad_1] Young graduates from Imperial College London at their graduation ceremony, on 19th October 2022 in London, England.Richard Baker | In Pictures | Getty ImagesBritish universities are preparing to attract international Chinese students after President Donald Trump's administration cracked down on visas for Chinese students...