business
Tariff deadline Aug 1, US team to visit India in 2nd half of month
Despite Trump’s August 1st deadline, US negotiators will visit India later in August, aiming for a bilateral trade agreement by Fall. Sticking points remain, particularly regarding American agricultural and dairy access, which India resists. India seeks gains in textiles, footwear, and auto parts. Trump’s insistence on agricultural concessions and opaque deal-making with other nations are…
Crypto security: Crypto thefts in 2025 surpass $2.17 billion; India’s CoinDCX breach adds to global surge driven by ByBit mega heist
Cryptocurrency thefts have surged to $2.17 billion in the first half of 2025, surpassing 2024’s total, driven by a massive $1.5 billion ByBit exploit. This spike, detailed in a Chainalysis report, highlights growing vulnerabilities in digital asset platforms and the increasing sophistication of attacks. While CoinDCX recently experienced a $44.
AI diplomacy: Nvidia CEO Jensen Huang’s Beijing visit draws fan frenzy; chipmaker reopens H20 sales in China
Nvidia CEO Jensen Huang’s visit to Beijing, marked by enthusiastic public reception and meetings with high-ranking officials, underscores Nvidia’s commitment to the Chinese market amidst US-China trade tensions. Despite potential challenges from domestic competitors, Huang emphasized the importance of China’s supply chain and acknowledged Huawei’s capabilities, signaling a strategic approach to navigating the complex geopolitical…
Valuation pressure: Indian equities remain priciest among peers; Nuvama flags high PE and PB ratios despite strong ROE
Despite recent market corrections, Indian equities are still among the priciest globally, with a PE ratio of 23.3, exceeding historical averages. While fundamentals remain strong, projected ROE for FY25 is 15.6%. India’s dividend yield, however, is low at 1.2%, potentially limiting appeal for income investors. Nuvama cautions that high valuations and global volatility could restrain…
India may relax rules for Chinese investment in electronics; but only with a tech transfer, partnership – or takeoff denied
The Indian government is likely to support Chinese investments in the electronics sector through joint ventures with Indian companies, emphasizing technology transfer over mere assembly. This approach aims to bolster domestic manufacturing capabilities and value addition.
Which are the world’s best airports? This airport beats Singapore’s Changi to top the list – check top 10 rankings 2025
Istanbul Airport has secured the top spot in Travel + Leisure’s 2025 rankings. The rankings considered passenger feedback on airport facilities. Middle Eastern and Asian airports dominated the top positions. Mumbai Airport also made it to the top 10 list.
‘Focusing on building our network organically’: Reliance to run alone in quick commerce race; Here’s why
Reliance Industries is prioritizing organic growth in India’s quick commerce sector, foregoing acquisitions due to integration complexities and a robust existing customer base. The company leverages its retail stores and strategically located dark stores to meet demand, focusing on profitability and expanding beyond metropolitan areas.
Jane Street ban lifted by SEBI: US trading firm allowed to resume trading after $567 million deposit, says report
SEBI has permitted Jane Street to resume trading in Indian stock markets after the firm deposited $567 million. Both the National Stock Exchange of India Ltd and The Bombay Stock Exchange Ltd have received instructions to maintain close surveillance of the US-based quantitative trading firm’s activities.
Jane Street Sebi ban: US trading firm barred from Indian market allowed to resume trade – here’s what’s happening
Jane Street has been permitted by SEBI to resume trading in Indian stock markets, although exchanges are yet to facilitate their trades. While SEBI monitors closely, Jane Street has committed to refrain from options trading and cash transactions until clarifying past trades.
