Startups / The Economic Times
Donald Trump's tariff increase on Indian exports to 50% is a major setback. It jeopardises Prime Minister Narendra Modi's 'Make in India' initiative. The move impacts sectors beyond smartphones and pharmaceuticals.
Todays consumers view quality-tested generics as reliable and effective alternatives to branded medications, says Sujit Paul, Group CEO, Zota Healthcare.
LegaXy and M3M Foundation have launched Pickle Pros, a nationwide initiative to popularize pickleball in India, starting with Delhi NCR. The program includes infrastructure development, training camps, and tournaments to engage diverse age groups.
UN Secretary-General Antnio Guterres urges major tech firms to power data centers with renewable energy by 2030, highlighting the immense energy consumption of AI. The UN report reveals that while renewable energy is advancing, its adoption is unequal, with developing nations lagging.
Building on its strategy of investing in experienced founders at venture inception, the fund will focus on 'Dhandha-first' businesses.
President Trump revives tariff plans, targeting copper imports with a 50% duty and threatening Canada with a 35% tariff, escalating global trade tensions. These actions occur amidst existing concerns about weaponizing trade policy and potential impacts on capital investment.
Traders are now racing against time, facing potential losses if cargoes arrive after the August 1st deadline.
Japanese automakers have largely absorbed the costs of US tariffs on auto imports, potentially weakening Japan's negotiating position ahead of looming duty increases. Despite ongoing trade talks, only a few automakers have modestly raised prices in the US, signaling a reluctance to burden American consumers.
Supervity, a software firm, introduces its Bot-to-Agent framework. This framework shifts from Robotic Process Automation to adaptable AI Agents.
The company expects Bioyug to catalyse MSME participation in downstream packaging and green innovation.
As India marks eight years of GST, businesses urge reforms to boost working capital efficiency. A Deloitte survey reveals growing confidence in GST, but highlights the need for changes to unlock liquidity and streamline tax credit mechanisms. Addressing challenges like unutilised ITC and complex refund processes is crucial for operational agility.
Engineering exports to UAE, Saudi Arabia, and Turkey fell primarily due to geopolitical tensions and rising logistics threats.
To succeed, Europe needs to strengthen ties with lithium-rich nations and foster local electric vehicle markets.
The value of these parcels fell sharply in May after the US eliminated a tariff exemption, forcing businesses to adjust their strategies and potentially raise prices for consumers.
Bengaluru-based Citrus Freight is streamlining export logistics for SMEs through its digital solutions.
Global trade sees a shift. Overseas vendors prefer currencies other than the US dollar. Euro, Chinese Renminbi, Mexican Peso, and Canadian dollar gain traction. US importers note this change.
The two incidents involving container ships off the coast of Kerala in recent days bring into sharp focus the broader regulatory blind spot surrounding container shipping, which, unlike oil tankers, remain outside the purview of comprehensive global liability frameworks.
True innovation happens when we take bold bets on hard, important problems- not just by replicating existing breakthroughs like ChatGPT.
This economic benefit is driving EV adoption, expected to reach 35% in e-commerce logistics by 2027, though challenges remain in heavy commercial vehicle segments and infrastructure.