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JSW Cement, the building materials arm of Sajjan Jindal-led JSW

MUMBAI: A sharp increase in provisions pulled down quarterly profit

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JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

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US-China trade truce shifts focus to India

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US-China trade truce shifts focus to India

NEW DELHI: The US-China trade deal has increased the headache for Indian negotiators, who are once again headed to Washington DC to discuss the proposed bilateral trade deal.While signalling movement towards a deal between the world’s two largest trading nations, the 90-day truce, which will see them slash tariffs by 115 percentage points, opens the door for the flow of goods from China.As a result, some of the interest in Indian products is bound to come down as supply lines will reopen for 90 days, apart from some front-loading of consignments in case the pause is not extended.India will, however, retain an edge over some others in the region, including Vietnam, which faces higher “reciprocal tariffs”. But the rush to quickly recalibrate, if not relocate, some production out of China will slow down.The announcement also mounts pressure on New Delhi to seal a deal as early as possible given that the 90-day pause on reciprocal tariffs for countries, other than China, is due to end on July 9. Already, the UK has agreed to the terms of a deal with the US, and others such as South Korea and Israel, along with several others, are in talks.Indian govt officials are hoping for an “early deal” but would obviously want New Delhi’s interests to be taken on board amid enormous pressure from the Trump administration to push ahead with its demands, be it lowering tariffs on automobiles, whiskey, or farm products, a key ask from the US side.





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