business

Switzerland will invest $200 billion in the US by 2028 following a trade agreement that significantly reduces tariffs on Swiss goods. The US has agreed to lower duties on most Swiss products to 15%, a substantial decrease from the previous 39% rate. This breakthrough offers much-needed relief to Swiss exporters after months of escalating trade…

India’s private sector hiring saw a marginal improvement in the first 10 months of 2025, driven by stronger demand and business sentiment. Large enterprises like Vedanta and RPG reported significant hiring growth, with employment indices rising in both manufacturing and services sectors. Economists anticipate continued momentum due to tax cuts and healthy consumption.

India has removed mandatory quality checks on numerous raw materials, including textiles, plastics, and metals, offering immediate relief to manufacturers. This move aims to reduce delays and costs for businesses, especially MSMEs. However, experts urge close monitoring of imports to prevent dumping and protect domestic industries, advocating for alternative measures if needed.

Reliance Industries is set to establish a 1 GW AI-focused data centre in Andhra Pradesh, complementing Google’s earlier investment. This move aligns with the state’s ambition to become a major data centre hub, aiming for 6 GW capacity. The agreement also includes a 6 GW solar power project and an integrated food park.

Wholesale inflation turned negative in October, dropping to minus 1.21 percent. Prices for food, fuel, and manufactured items saw significant decreases. This broad-based correction, influenced by factors like GST rate cuts, also pushed retail inflation to a historic low. Economists anticipate the Reserve Bank of India may reconsider its policy stance following these developments.

India is actively expanding its free trade agreement network, with ongoing discussions underway with the US, EU, New Zealand, Oman, Peru, and Chile. Commerce Minister Piyush Goyal highlighted these efforts and the potential for infrastructure collaboration, emphasizing the reduction of global trade barriers to facilitate the free movement of goods, services, and capital.