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Exporters keep tabs on USTR probe, trade talks

NEW DELHI: Indian exporters are keeping close tabs on the US Trade Representative’s investigations and the talks for a bilateral trade deal, which they expect will put them at an advantage compared to some of their rivals from other countries.While they are not too worried with the latest proposal to impose 12.5% tariffs on 54...
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Interest in India strong despite volatility: Bank of America chief

MUMBAI: Interest in India remains undiminished despite near-term volatility, according to Vikram Sahu, India CEO and country executive at Bank of America.“Corporate interest remains strong and unchanged in its conviction,” Sahu said, adding that strategic investors continue to take a long-term view of India, drawn by its scale, growth prospects and governance framework.Investor sentiment is...
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Stocks making the biggest moves after hours: AVGO, CRWD, PVH

Check out the companies making headlines after the bell : Broadcom — Shares fell 5% after the chipmaker reported fiscal second-quarter revenue of $22.19 billion, coming in below the $22.27 billion analysts polled by LSEG had expected. This marked Broadcom’s first revenue miss since December 2024. The company’s $7.18 billion infrastructure revenue also missed the...
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LPG sales down 19% year-on-year in May

NEW DELHI: LPG sales in May declined by over 19% year-on-year, while petrol and diesel consumption grew 2.8% and 1%, respectively, govt data has revealed.Consumption of aviation fuel registered year-on-year decline of 0.8% in the month.Provisional data from Petroleum Planning and Analysis Cell showed that LPG sales fell to 2.1 million tonnes (MT) in May...
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District economy data: Govt issues uniform framework for district GDP estimates with 2022-23 base year

The statistics ministry on Wednesday released a uniform framework for compiling district-level economic output estimates with the revised base year of 2022-23, a move aimed at improving consistency and comparability of economic data across states and Union Territories, PTI reported.The Ministry of Statistics and Programme Implementation (MoSPI) said the finalised Guideline for Compilation of District...
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