For the first two decades of the 21st century, many consumer products on America’s store shelves got less expensive. A wave of imports from China and other emerging economies helped push down the cost of video games, T-shirts, dining tables, home appliances and more. Those imports drove some American factories out of business, and they … Read more
Donald Trump likes to say he created the strongest U.S. economy in history. But the centerpiece of his plans for a second term — tariffs on imported goods, especially those from China — runs the risk of bringing the U.S.′ currently robust economy to a screeching halt, and possibly the world’s, as well. Despite warnings … Read more
NEW DELHI: Bharti Airtel on Monday posted a 54% jump in consolidated net profit to Rs 2,442 crore in the December quarter, mainly on account of growth in high-value customers and a hike in tariffs. The company had registered a profit of Rs 1,588 crore in the same period of the previous fiscal.Airtel’s India revenue … Read more
BENGALURU: Adani Ports and special economic zone, India’s largest private port operator, reported a nearly 68% surge in third-quarter profit on Thursday, helped by a jump in cargo volumes and higher tariffs. Consolidated net profit rose to 22.08 billion rupees ($266.1 million) in the October-December quarter, the company, which is part of billionaire Gautam Adani’s … Read more
NEW DELHI: Abolition of tariffs or import duties on industrial goods in Switzerland is seen to help exporters of Indian textiles, shoes and other industrial inputs going into the European nation.The move comes at a time when India is in the final stages of concluding talks for a trade treaty with European Free Trade Association … Read more
Former RBI governor Raghuram Rajan, who co-authored ‘Breaking the Mould: Reimagining India’s Economic Future’ with economist Rohit Lamba, aims to engage a wider audience and foster debate, presenting alternative narratives to challenge the prevailing one. In an interview to TOI, he said that as a big software exporter, India should not put tariffs on computers … Read more