Apple has hiked the prices of its products, including Macs and iPads, across the globe, including in India. While announcing the increase in prices, which range between 20 per cent to 42 per cent up from their original prices, the tech giant cited an increase in the cost of memory chips as the reason. Apple…
Market participants said the tax relief has also strengthened expectations that Indian government bonds could find a place in Bloomberg’s Global Aggregate Index. (AI image) The government and RBI’s steps to attract capital inflows seems to be yielding results with foreign investors pouring in a record Rs 39,640 crore, or around $4.2 billion, in Indian…
If there is one consistent feature of India-US trade relations over the past three decades, it is that major agreements rarely emerge from a single round of negotiations. (AI image) By Shishir Priyadarshi, President, Chintan Research Foundation (CRF) & a former Director, WTOThe trade discussions between US Trade Representative Jamieson Greer and Commerce Minister Piyush…
India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026,. The India-UK Comprehensive Economic and Trade Agreement (CETA) and the Double Contribution Convention (DCC) will come into effect on July 15, 2026, with Commerce and Industry minister Piyush Goyal describing the agreement as India’s…
NEW DELHI: Indian basket crude prices returned to pre-conflict levels Wednesday, with the basket priced at $70.71 per barrel, reducing the import bill, easing inflationary pressures and improving the financial position of the Centre and oil marketing companies. The Indian basket of crude oil is a derived basket comprising the sweet grade of Brent Dated…
Mumbai: RBI has proposed sweeping changes to deepen debt markets, allowing corporate bodies to lend in the term money segment – long dominated by banks and primary dealers – while widening their access to govt securities market. It has also introduced total return swaps in credit derivatives, which transfer a bond’s entire return to the…
NEW DELHI: The US has assured India that access to critical artificial intelligence technologies will not become a challenge for trusted partners, IT secretary S Krishnan said on Thursday after discussions with US officials on the future of AI collaboration.The discussions come weeks after the US commerce department directed AI firm Anthropic to restrict foreign…
Apple has significantly increased the base prices of several MacBook and iPad models globally, including in India, with hikes ranging between 20% and 42% compared to their launch prices. The 14-inch MacBook Pro equipped with the M5 Pro chip now starts at ₹2,99,900, up from its original launch price of ₹2,49,900. (REUTERS) According to the…
Fourteen years after a takeover that critics dismissed as a costly gamble, SK Hynix has emerged as the biggest beneficiary of the artificial intelligence boom, overtaking Samsung Electronics to briefly become South Korea’s most valuable listed company, according to a Reuters report.The turnaround was driven by an early bet on high-bandwidth memory (HBM) chips, a…
Banks will remain closed in several parts of the country on Friday, June 26, on account of Muharram (Yaom-e-Shahadath), Last Day of Moharam and Ashoora. However, bank branches will continue to operate in some cities, according to the Reserve Bank of India’s (RBI) holiday calendar.Banks will remain open on June 26 in these citiesBank branches…
