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business

United States

India’s ‘best-ever’ trade offer meets hardline scrutiny from Washington

US calls India a “tough nut to crack” even as both sides race to seal first phase of long-pending trade pact.

Artificial intelligence

AI powers record $11.8 billion Black Friday online spree despite rising prices and cautious shoppers

With AI-driven tools fueling an 805% surge in retail site traffic, US consumers spend big despite inflation, tariffs, and tighter budgets — setting the stage for a blockbuster cyber December 1.

India’s export economy

India reroutes exports as US tariffs bite, finding new trade lanes in Asia and Europe

Shrimp, auto parts and jewellery pivot to UAE, China, Japan and EU but low-margin sectors struggle, revealing uneven impact of Washington’s tariff shock.

Benchmark indices

Sensex and Nifty roar to record highs as India’s market rally returns after 14 months

Bull rally strengthens as earnings optimism, easing global cues and strong institutional positioning drive investor confidence across Dalal Street.

Apple

Apple breaks layoff shield with targeted cuts to global sales teams amid mounting cost pressures

Targeted layoffs hit enterprise, education and government sales units as Apple moves to tighten operations.

Russian crude

RIL cuts Russian oil to protect EU access and dodge US sanctions in sweeping refinery pivot

India’s biggest fuel exporter rewires its supply chain ahead of Europe’s 2026 ban and US sanctions, signalling a dramatic scale-back of Russian crude dependence.

RBI

RBI unveils emergency lifeline for exporters hit by 50% US tariffs

Moratorium, extended credit cycles and eased norms move fast to prevent a liquidity crunch across trade sectors.