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Despite policy interventions from both Trump and Biden administrations, US manufacturing is showing signs of stagnation, marked by job losses and tepid production. Factors such as inflationary pressures, interest rate hikes, and tariff uncertainties contribute to the slowdown. With policy flip-flops and weak demand, factories are holding back on hiring and investment, awaiting a clearer direction....

India is set to increase its presence in the United States market. This is due to changes in Washington's tariff policies. Niti Aayog reports India will gain competitiveness in many product categories. The US has higher import tariffs on countries like China and Mexico. This creates an opportunity for Indian exporters. India's merchandise exports and services exports are also growing....

A high-level committee has approved a framework facilitating the transfer of surplus land and buildings from telecom PSUs like BSNL, MTNL, and ITI to central government organizations without auction. Interested entities must express intent within 90 days and deposit earnest money. Transfers will occur at market value, determined by valuation agencies, with preference given to central government entities....

The rupee weakened to 85.92 against the US dollar due to rising crude oil prices and a strong dollar, despite RBI intervention. Foreign fund outflows and stalled India-US trade agreement talks further pressured the rupee. Brent crude rose to $71.46 a barrel, while the dollar index edged up to 97.82, impacting the currency markets....

HCL Technologies reported a 9.7% drop in net profit for Q1 FY26, reaching Rs 3,843 crore, influenced by increased expenses and a client bankruptcy. Despite this, revenue rose 8.1% to Rs 30,349 crore, driven by technology and services. HCLTech has raised its FY26 revenue growth outlook to 3–5%, citing stable demand and anticipated stronger deal bookings....

India's Global Capability Centres are poised to significantly boost the nation's economy. Goldman Sachs executive predicts a $0.5 trillion contribution to India's GVA in the coming decade. The GCC sector is expected to employ millions, playing a crucial role in India's economic growth. India is strategically positioned to capitalize on global trends with its talent pool and AI advancements....

India's wealth management sector is set for rapid expansion. Jefferies projects over 20% annual growth in the next three years. This growth is fueled by a booming economy and more rich individuals. Firms are targeting the ultra-rich. The advisory model is gaining traction. Competition is increasing. Companies must manage costs and employee retention to maintain growth....

India and the US are accelerating talks to finalize a trade deal before the revised August 1, 2025, tariff deadline. An Indian delegation is in Washington to negotiate the agreement's initial phase. Discussions aim to resolve issues in agriculture and automotive sectors, seeking a mutually beneficial arrangement....

R Doraiswamy has been appointed as the new Managing Director and CEO of Life Insurance Corporation of India (LIC), effective until August 28, 2028. Approved by the Appointments Committee of the Cabinet, his selection follows a recommendation by the Financial Services Institutions Bureau. Doraiswamy, bringing 38 years of experience, succeeds Siddhartha Mohanty, with Sat Pal Bhanoo serving an interim term....

Despite US tariff pressures, China's exports have shown surprising resilience, achieving a record trade surplus of $586 billion in the first half of the year. While exports to the US declined, Chinese businesses successfully diversified into other markets, particularly ASEAN countries, which saw a 17% increase....

US stock markets experienced a slight downturn following President Trump's announcement of new tariffs on EU and Mexico goods, sparking trade tension concerns. Despite this, major indexes remained near record highs as investors anticipated potential negotiations before the August 1 deadline. Meanwhile, investors are shifting focus to earnings season, with key banks set to report quarterly results....

Reliance Consumer Products Ltd has introduced its Campa Cola brand in Nepal, marking its entry into the country's beverage market. Partnering with Chaudhary Group, RCPL aims to manufacture and distribute Campa products locally. The initial portfolio includes Campa Cola, Lemon, Orange, and energy drinks. Having relaunched in India in 2023, Campa is also available in the UAE, Oman, and Bahrain....

India-US trade deal: An Indian delegation is in Washington D.C. to finalize an interim trade deal with the US. The US is reportedly considering a tariff rate below 20%, signaling progress towards a mutually beneficial agreement, with both nations targeting $500 billion in bilateral trade by 2030....

Improving your credit score is crucial for financial well-being. Paying bills on time, using secured loans wisely, and managing credit utilization are key strategies. Frequent EMI conversions and taking on new debt to cover old debts can negatively impact your score....

India's retail inflation, measured by the Consumer Price Index (CPI), plummeted to a 6-year low of 2.10% in June 2025, a significant drop from 2.82% in May. This decline is primarily attributed to positive base effects and reduced inflation across key food categories....

India's IT sector is experiencing a hiring boom in tier-II and tier-III cities, surpassing growth in traditional tech hubs. Cities like Coimbatore, Nagpur, and Jaipur are witnessing significant IT recruitment expansion, driven by government initiatives, infrastructure investments, and global tech firms expanding their footprint....

Following the release of the AAIB's preliminary report on the Air India 171 crash, pilot associations ALPA and ICPA have voiced strong objections. ALPA criticizes the report's procedural flaws and perceived bias towards pilot error, while ICPA condemns speculative narratives suggesting pilot suicide....

Malaysia has placed immediate restrictions on the movement of high-performance AI chips from the US. This is to prevent unauthorized rerouting to countries like China. All movements of US-origin AI chips now need a permit. This move follows concerns about transshipment of chips via Malaysia. Malaysia is investigating reports of Chinese firms circumventing US export controls....

The Union Ministry of Road Transport and Highways will change its approach. It will collaborate with states to set flexible targets for infrastructure projects. States can now choose projects based on their priorities and approvals. This aims to speed up project completion and avoid delays. The center has set targets for highway construction and asset monetization....