Economy News ( English version)

Paramount agrees to delay closing Warner buyout for months while judge considers states' challenge

Two former Volkswagen AG engineers were arrested for insider trading over bets they placed ahead of the German carmaker’s announcement of a $5 billion joint venture with electric-vehicle maker Rivian Automotive Inc.

Manipal Health Enterprises will use most of its ₹9,275 crore IPO proceeds to cut debt, giving India's largest hospital chain by bed capacity room to raise capital for future acquisitions and expansion. The Temasek-backed company opens its IPO on 29 July with a price band of ₹560-590 per share.

Besides Sharma's reappointment as MD, Jindal Steel announced appointments to the offices of chief financial officer, chief operating officer, and head of human resources, marking one of its biggest management overhauls in years

Hindustan Zinc also reported its lowest quarterly zinc cost of production, excluding royalty, since shifting to underground mining, helping further lift profitability.

Market participants expect the reserves to rise going ahead as inflows from the foreign currency non resident bank FCNR(B) deposits start to trickle in.

The United States has reduced tariffs on most Indian exports to ten percent. This change follows India's recent actions against forced labour imports. Indian exporters now face a more competitive position against other nations. However, some sectors will still encounter separate, higher tariffs. The trade landscape remains uncertain with potential futur […]

Scorching temperatures across Europe also raise concerns over potential crop losses. This situation could lift costs for staples like bread and cooking oil.

The government has restricted imports of low-priced suspension-grade PVC resin for six months by introducing a minimum import price, while exempting export-oriented units and certain export-linked schemes. The Directorate General of Foreign Trade imposed the restriction following an anti-dumping investigation initiated after complaints from domestic manufact […]

India's textile and apparel exporters may face competitive challenges in the US market after Washington imposed a 10% tariff citing concerns over forced labour in supply chains. The Confederation of Indian Textile Industry said the move could affect exports and create reputational risks. The industry body urged the Indian government to raise the issue w […]