Crypto rally builds: Bitcoin crosses $108K briefly; Ether, altcoins mixed amid caution
https://timesofindia.indiatimes.com/business/international-business/crypto-rally-builds-bitcoin-crosses-108k-briefly-ether-altcoins-mixed-amid-caution/articleshow/122087360.cms
https://timesofindia.indiatimes.com/business/international-business/crypto-rally-builds-bitcoin-crosses-108k-briefly-ether-altcoins-mixed-amid-caution/articleshow/122087360.cms
Bitcoin briefly exceeded $108,000 amid easing geopolitical tensions and rising institutional interest. As of 11:50 am IST, it traded at $107,800, up 1.5%. Ethereum also rose, while some altcoins declined, reflecting cautious retail sentiment. Experts predict potential volatility due to options expiry and anticipate a breakout if Bitcoin surpasses $108.5K.
India–UK FTA: Coequal norms to ease exports; safeguards added to curb misuse
https://timesofindia.indiatimes.com/business/india-business/indiauk-fta-coequal-norms-to-ease-exports-safeguards-added-to-curb-misuse/articleshow/122087441.cms
https://timesofindia.indiatimes.com/business/india-business/indiauk-fta-coequal-norms-to-ease-exports-safeguards-added-to-curb-misuse/articleshow/122087441.cms
The India-UK Free Trade Agreement features a new 'coequal' rule. This rule impacts product origin norms. It provides producers more flexibility. It also ensures stricter checks against tariff concession misuse. The agreement includes digital exchange of origin certificates. This will streamline processes. India anticipates zero-duty access for 99% of its exports to the UK.
Infosys AGM: Nilekani flags global uncertainty; AI central to firm’s strategy
https://timesofindia.indiatimes.com/business/india-business/infosys-agm-2025-nilekani-flags-global-uncertainty-ai-and-energy-shift-central-to-firms-strategy/articleshow/122087571.cms
https://timesofindia.indiatimes.com/business/india-business/infosys-agm-2025-nilekani-flags-global-uncertainty-ai-and-energy-shift-central-to-firms-strategy/articleshow/122087571.cms
Infosys chairman Nandan Nilekani warned businesses face a "perfect storm" due to tariff conflicts, AI disruption, and energy transition. He urged companies to prioritise innovation, supply chain diversification, and digital architecture overhauls. Infosys is positioning itself as an AI-native company, training employees and working on numerous generative AI projects while expanding into tier-2 and 3 cities.
Not just Apple iPhones! Android smartphone makers like Samsung, Motorola step up exports from India to US; move due to Trump’s tariff policies
https://timesofindia.indiatimes.com/business/india-business/not-just-apple-iphones-android-smartphone-makers-like-samsung-motorola-step-up-exports-from-india-to-us-move-due-to-trumps-tariff-policies/articleshow/122088323.cms
https://timesofindia.indiatimes.com/business/india-business/not-just-apple-iphones-android-smartphone-makers-like-samsung-motorola-step-up-exports-from-india-to-us-move-due-to-trumps-tariff-policies/articleshow/122088323.cms
Driven by tariffs and government incentives, smartphone exports from India to the US are surging. Motorola, leveraging Indian manufacturing, significantly increased Android phone shipments to the US, capitalizing on tariff advantages over China. Samsung also boosted exports, while Apple remains the largest exporter overall.
Indian team in US for fresh talks on trade deal
https://timesofindia.indiatimes.com/business/india-business/indian-team-in-us-for-fresh-talks-on-trade-deal/articleshow/122093680.cms
https://timesofindia.indiatimes.com/business/india-business/indian-team-in-us-for-fresh-talks-on-trade-deal/articleshow/122093680.cms
Indian officials are in the US, led by chief negotiator Rajesh Agarwal, for trade deal talks aimed at bridging differences. Agriculture is a key sticking point, with India hesitant to lower tariffs on sensitive items like maize and soybean due to the prevalence of genetically modified crops in the US.
Donald Trump’s tariff wars deal a blow! US economy shrinks 0.5%; worse than estimates
https://timesofindia.indiatimes.com/business/international-business/donald-trumps-tariff-wars-deal-a-blow-us-economy-shrinks-0-5-worse-than-estimates/articleshow/122093162.cms
https://timesofindia.indiatimes.com/business/international-business/donald-trumps-tariff-wars-deal-a-blow-us-economy-shrinks-0-5-worse-than-estimates/articleshow/122093162.cms
The US economy contracted by 0.5% in the first quarter of 2025, primarily due to a surge in imports spurred by President Trump's trade war. This import surge, up 37.9%, significantly dragged down GDP, marking the first quarterly decline in three years. Despite the downturn, economists anticipate a rebound in the second quarter, projecting a 3% growth.
Wall Street today: US stocks trade in green despite low GDP results; Dow surges over 160 points, S&P up 0.3%
https://timesofindia.indiatimes.com/business/international-business/wall-street-today-us-stocks-trade-in-green-despite-low-gdp-results-dow-surges-over-160-points-sp-up-0-3/articleshow/122094333.cms
https://timesofindia.indiatimes.com/business/international-business/wall-street-today-us-stocks-trade-in-green-despite-low-gdp-results-dow-surges-over-160-points-sp-up-0-3/articleshow/122094333.cms