New Delhi, Aug 10 (IANS) India and Oman are poised to sign a Comprehensive Economic Partnership Agreement (CEPA) covering goods, services, investments, and labour mobility with a formal announcement expected this month. The India-Oman CEPA is more than a tariff deal as it will open up a strategic economic bridge between South Asia and the Gulf. It offers India tariff-free access to a receptive market, secures energy and labour interests, attracts Gulf investment, and deepens geopolitical engagem…

Mumbai, Aug 10 (IANS) Broader indices lagged behind benchmark indices, declining for the third consecutive week as US President Donald Trump threatened 50 per cent tariffs on Indian goods. BSE largecap and midcap indices fell 1 per cent each this week, while the BSE smallcap index declined nearly 2 per cent.The Nifty smallcap 100 dropped 8.31 per cent in a month, closing at 17,478. The Nifty midcap 100 fell 5.62 per cent in a month ending at 57,094.PG Electroplast, Kitex Garments, Titagarh, Ramc…

New Delhi, Aug 10 (IANS) The reciprocal tariffs imposed by US President Donald Trump are a “slow burn” for Wall Street, as they rarely trigger an immediate crisis – but over time, they warp markets, squeeze consumers, and invite retaliation, according to a new report. Investors and policymakers alike would do well to remember that just because the storm isn’t here yet doesn’t mean it isn’t coming, says Zoya Najeeb in an opinion piece in One World Outlook.”While Wall Street pours champagne over…

Mumbai, Aug 10 (IANS) Indian startups raised $205.31 million across 30 deals last week between August 4 and 9 — a 57 per cent increase from the previous week’s $130.49 million.As many as six growth-stage deals, 22 early-stage deals, and 2 undisclosed deals accounted for $205.31 million worth of funding.In comparison, the previous week saw 21 startups across early and growth stages secure around $130.49 million, according to an Entrackr report.The funding activity during the latest week was conc…

New Delhi, Aug 10 (IANS) Investments in mutual funds have picked up strongly in the post-Covid period, with smaller towns and cities emerging as surprising growth leaders as assets from B30 cities — those beyond the top 30 — have been growing faster than those from large urban centres, as per the data from the Association of Mutual Funds in India (AMFI).As of June 2025, B30 locations accounted for 18.5 per cent of the total mutual fund assets under management (AUM), translating to nearly Rs 14…

New Delhi, Aug 10 (IANS) As India-US trade talks stall, the resilience of India’s economy is a cornerstone of its ability to weather these tariff pressures with minimal disruption as over the past decade, the country has transformed into a diversified economic powerhouse, bolstered by strategic reforms and robust domestic demand.According to BJP national spokesperson Tuhin Sinha, the trade talks, initially aimed at fostering mutual economic benefits, descended into a stalemate as the US pressed …

Mumbai, Aug 10 (IANS) ChatGPT maker OpenAI has announced massive bonus payouts for about 1,000 employees, which is approximately one-third of its full-time workforce.On the eve of GPT-5’s launch, OpenAI CEO Sam Altman sent a surprise message to employees via communication platform Slack. A quarterly bonus for two years was awarded to researchers and software engineers in the firm’s applied engineering, scaling, and safety domains, according to The Verge.The payouts vary by role and seniority. To…

Mumbai, Aug 10 (IANS) Investors should keep an eye on the developments around the US-India trade deal, quarterly earnings results, tariff rhetoric and inflation data in the upcoming trade week, analysts said on Sunday.Over 1,400 companies including from sectors such as metals, energy and pharmaceuticals are scheduled to report Q1 FY26 results next week, as quarterly earnings cycle comes to an end. Grasim Industries, Hero MotoCorp, India Lease Development, and other major companies are scheduled …

New Delhi, Aug 10 (IANS) As US President Donald Trump slaps hefty tariffs on several countries including India, American agriculture and dairy companies with deep pockets and financial muscles are taking over free-wheeling global markets and aim to do the same with India, according to a new report.New Delhi has categorically said it does not make trade deals under any pressure or deadlines, and there is no chance to compromise on farmers, dairy and agriculture interests.“There is absolutely no…

Seoul, Aug 10 (IANS) South Korea’s Hyundai Motor Group ranked second globally in operating profit during the first half of this year, surpassing Germany’s Volkswagen Group, industry data showed on Sunday.The combined operating profit of Hyundai Motor Co. and Kia Corp. totaled 13.01 trillion won (US$9.35 billion) for the January-June period, reports Yonhap news agency.By comparison, Volkswagen Group, the world’s second-largest automaker by sales volume, recorded an operating profit of 6.7 billion…