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Mexico's Senate approved a bill imposing 5-50% tariffs on over 1,400 Asian products, including India's, starting next year. This move, targeting China's massive output, could significantly impact India's automotive and auto parts exports, valued at $1.1 billion. The tariffs aim to boost Mexican revenue and potentially ease US trade pressure....

Celebrating three decades in India, Samsung is deepening its manufacturing, design, and innovation initiatives, aiming to build and innovate products for the world from India. The company, which has filed 14,000 patents from India, is focusing its future vision on AI to drive smart homes and connected living, contributing to a digitally-empowered nation....

India's economy is poised for a significant boom, potentially reaching $16 trillion by 2042, according to Motilal Oswal. This growth, driven by consumption and investment, is expected to elevate the corporate sector. The firm has identified 30 companies across various sectors, including autos, financials, and capital goods, positioned to capitalize on this multi-decade expansion and wealth creation opportunity....

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An NCAER report highlights that India must address bottlenecks to boost workforce participation and labour productivity. Skilling and small enterprises are identified as crucial for job creation, with a call to enhance productivity in these sectors to sustain economic growth and achieve inclusive development....

A tangle of problems at IndiGo, the dominant carrier, resulted in gridlocked airports across the country. Worse, it was the symptom of an even bigger problem....

The Indian rupee hit an all-time low of 90.32 against the US dollar, dropping 38 paise amid trade deal uncertainties and foreign fund outflows. Delays in the India-US trade agreement, coupled with importer demand for dollars, pressured the currency. Despite positive domestic markets, the rupee faced significant headwinds, with analysts anticipating continued weakness....

Commerce Minister Piyush Goyal welcomed US praise for trade deal offers, urging the US to finalize the agreement if satisfied. Despite no timeline, Goyal highlighted ongoing discussions and the mutual benefit required for any deal....

The US has authorised the sale of advanced technology and support for Pakistan's F-16 jets....

Prada is collaborating with Indian artisans for a limited-edition sandal collection, following criticism for designs resembling traditional Kolhapuri chappals. The luxury brand will produce 2,000 pairs in Maharashtra and Karnataka, blending Indian craftsmanship with Italian techniques. This initiative aims to elevate global recognition for the craft and ensure fair compensation for artisans....

Microsoft Corp.'s Satya Nadella, a die-hard cricket fan, has been spending his free time coding and designing his own app that he used to analyze the centuries-old game....

Indian companies with insufficient foreign-exchange hedging face potential rating downgrades if the rupee weakens significantly, Fitch Ratings warned. Sectors like renewables, power, and toll roads, heavily reliant on foreign debt and lacking natural hedges, are most at risk. A sharp rupee fall could escalate hedging costs and strain finances, impacting credit profiles....

Mexico has approved significant tariff hikes, up to 50%, on imports from India, China, and other Asian nations starting in 2026 to protect its domestic industry. The move, affecting around 1,400 product lines including auto parts and vehicles, aims to boost local manufacturing and jobs, though it faces opposition from affected countries and business groups....

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India's central bank bought 500 billion rupees ($5.5 billion) of bonds, as planned, as it seeks to boost liquidity in the banking system....

Insight with Haslinda Amin, a daily news program featuring in-depth, high-profile interviews and analysis to give viewers the complete picture on the stories that matter. The show features prominent leaders spanning the worlds of business, finance, politics and culture. (Source: Bloomberg)...

New Delhi is deepening economic ties with Moscow, despite pressure from Washington....

The Indian rupee hit a new low against the US dollar, breaching the 90 mark again due to trade deal challenges and corporate demand. Despite a weakening dollar globally, the rupee has fallen over 5% this year....

The Indian rupee fell to a new record low, pressured by outflows from the nation's stocks and bonds on delays in securing a deal with the US to cut tariffs....