Bloomberg

India should rethink China investment policy, says PMEAC member

Rakesh Mohan, a member of the Prime Minister's Economic Advisory Council, said India should attract greater Chinese investment and strengthen trade ties to create jobs and boost exports

RBI's forex deposit measures raise hopes of margin recovery for banks

RBI's measures to attract foreign currency inflows are expected to improve liquidity and support lending margins as major private sector banks, including HDFC and Axis Bank, report Q1 earnings

Trump accuses China of interfering in 2020 US elections, threatening truce

President Donald Trump accused China of interfering in the 2020 US election and stealing voter data, reviving claims that US intelligence agencies have previously debunked

NYC Mayor Mamdani rejects pay hike to $305,800 approved by lawmakers

The New York City Council approved its first salary increase for elected officials in a decade, but the mayor said he would keep his current pay

Tata Electronics to launch India's first chip fab using older technology

Tata Electronics is preparing to manufacture India's first large-scale semiconductor wafers using 90nm process technology at its Dholera plant, marking a shift from its earlier 28nm plans

Over 100 multinationals eyeing treasury operations in GIFT City: JPMorgan

More than 100 companies have approached JPMorgan to explore banking and payment solutions for treasury operations in GIFT City, reflecting rising multinational interest in India's financial hub

Delhi HC voids visa, passport services tender for Australia, Singapore

Delhi High Court has set aside the government's tender for outsourcing passport, visa and consular services in Australia, Singapore, the UAE and Kuwait, directing authorities to invite fresh bids

Donald Trump to limit student visas to four years in latest crackdown

US tightens student visa rules with four-year stay limit, requiring extensions for longer academic programmes

Gems hidden in shoes as Vietnam details $57 mn Indian-led smuggling ring

Vietnamese police say an Indian national allegedly led a network that smuggled more than 30,000 diamonds worth over $57 million into the country by concealing them in luggage, shoes and clothing

NPCIL-NTPC JV invites bids to build core of Mahi Banswara nuclear project

The project at Mahi Banswara will be the country's first nuclear generator that is not fully-owned by Nuclear Power Corp., which currently operates India's entire atomic energy capacity of 8.8 gigawat

Foreign ownership in Adani Enterprise hits record low as locals buy

Foreign portfolio investors held a combined 8.8% stake at the end of the June quarter, the lowest since 2009 when Prime Infobase began tracking the data

Govt plans incentives to cut import reliance to shield India from shocks

Commerce Ministry is preparing a list of more than 100 products for higher domestic production as New Delhi seeks to ease pressure on the rupee and strengthen supply chains

IEA chief warns prolonged Hormuz disruption could hit global economy

IEA chief Fatih Birol says markets are gripped by uncertainty as attacks in and around the Strait of Hormuz threaten oil, gas and fertiliser shipments

SpaceX shares briefly fall below $135 IPO price as post-listing rally fades

Stock closed at $135.27, marginally above its offer price after a fourth straight day of declines, reflecting cooling investor enthusiasm

Fed's Warsh says he has repeatedly told Donald Trump he is independent

Federal Reserve Chairman Kevin Warsh said President Donald Trump has not tried to influence monetary policy and reaffirmed his commitment to the central bank's independence

Fed's Lisa Cook says ready to act if inflation does not cool soon

Federal Reserve Governor Lisa Cook said inflation risks now outweigh labour market concerns and signalled she is prepared to act if disinflation does not resume soon

Fed's Warsh says AI-driven price pressures may not prove inflationary

Fed Chair Kevin Warsh said AI-driven price increases may not be inflationary, arguing higher investment could boost productivity and wages over time

OnePlus to exit US and Europe as Oppo restructures smartphone business

OnePlus is reportedly set to exit the US and Europe as parent Oppo restructures its smartphone business amid slowing sales and geopolitical challenges

Kerala CM backs Adani port expansion despite objecting to stake sale

The comments came days after Satheesan objected to MSC Mediterranean Shipping Company SA's planned $1.4 billion investment in the project

India, UAE central banks meet to discuss foreign-currency deposit issues

The RBI and UAE central bank are discussing regulatory hurdles as India seeks to attract more foreign-currency deposits from NRIs to strengthen forex reserves