World Business News in English

According to the United Nations’ Conference on Trade and Development (UNCTAD), the underlying logic of credit rating agencies is to avert the information asymmetry between borrowers and lenders about the latter’s creditworthiness. It further explains that issuers with lower credit ratings pay higher interest rates – reflective of the greater associated risk with lending to them, than the higher rated issuers.  

Apparel exports from India show significant growth in key markets, with plans for further expansion in 2025-2026.

The federal budget debate has big implications for the economy. Despite questions about the math, investors expect an extension of the 2017 tax cuts.

Tecumseh introduces AL Series Compressor with up to 25% energy savings, ideal for Indian businesses seeking efficiency and sustainability.

Sunil Bharti Mittal receives Knight Commander of the Most Excellent Order of the British Empire (KBE) for his contributions to UK-India relations.

Luxury brands hiked up their prices about 20% between 2021 and 2023, steering off middle-income shoppers facing financial pressure.

Berkshire Hathaway on Saturday reported operating earnings for the fourth quarter surged 71% after taxes to a record $14.5 billion.

Hours after Coinbase said the S.E.C. was dropping a lawsuit against it, another major cryptocurrency exchange reported a potentially record-setting theft.

Elon Musk is fixated on auditing the Federal Reserve, America’s central bank.

As car manufacturer Stellantis pauses work on its next-generation Jeep Compass, including retooling a plant in Canada designated to build the vehicle, industry observers say the company is rethinking its priorities on electric vehicles as tariffs create an uncertain environment for automakers.

Lodha vs. Lodha IPR dispute highlights the complexity of family surname trademark battles in India's legal landscape.

Though airplane accidents are still a rarity, and some people can quell their anxieties about flying when they have the numbers.

SBI Chairman inaugurates 10 new branches in Telangana, focusing on strategic expansion and enhancing service delivery in key regions.

The Dow Jones Industrial Average dropped 748 points and other indexes fell sharply as fears about tariffs impacting the U.S. economy spread.

The Associated Press is suing three Trump administration officials in federal court for banning AP reporters from some of President Trump’s events, the Oval Office, and Air Force One.

Over the past few weeks, information has been spreading on social media about a nationwide economic protest called the "Feb 28 Economic Blackout."

US stock markets fell sharply Friday after an economic report showed American consumers are growing increasingly fearful of price increases and how President Donald Trump’s tariffs could reignite the inflation crisis.

First, the bad news: Your next smartphone might be more expensive because of President Donald Trump’s recently imposed 10% tariff on Chinese imports.

Coinbase, America’s largest cryptocurrency exchange, said Friday that the Trump administration has agreed to drop a major lawsuit that would have broad ramifications for the crypto industry. It comes as the new Trump administration has promised to deregulate digital currencies like bitcoin.

A stark new reality in Europe — that its long-time ally and security guarantor, the United States, may not come to its rescue in a future war — has set the stage for a faster ramp-up in military spending on the continent.

Vehicles are parked to be exported at a port next to Hyundai Motor's manufacturing facility in Ulsan, South Korea, Feb. 11, 2025.

Universal is going after Disney, the industry leader, with new parks in Florida and Texas: “We want people to think of us first.”

Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who Trump blames for inflation, America’s economic mood is now souring — and Trump is getting the heat for it.

Textile sector investments revive, focus on sustainable, circular textiles, surplus cotton expected, and push for indigenisation in machinery.

The Trump administration is planning to fire members of the independent government board that oversees the US Postal Service, a move that could serve as a step toward privatizing the service, according to multiple published reports.

Deputy Governor Rajeshwar Rao warns financial entities of risks in leveraged products, urges financial literacy for investors.

An awkward truth has become evident in the first days of the Trump administration, as many firms mute their commitments to diversity and sustainability.

College campuses embroiled in allegations of antisemitism are bracing for a crackdown by the Trump administration.

Equity indices Sensex and Nifty close lower due to auto stocks, foreign fund outflows, and global market concerns.

Rupee falls against dollar on Friday due to foreign fund outflows, U.S. dollar index recovery, and weak domestic markets.

Boeing has had six years of production problems, safety issues, delivery delays and unhappy buyers of its aircraft. But President Donald Trump’s anger at the delays for the next generation of Air Force One jets could result in a huge blow to what remains of the company’s prestige and finances going forward.

India's HVAC&R industry is booming, with AC market doubling to 15 million units, driven by sustainability and government support.

HSBC reports rapid growth in India's private sector activity, with services leading the way, indicating economic expansion.

Apple offered the latest version of its budget friendly phone for pre-sale in key markets on Friday, in an effort to woo customers in price-sensitive countries like China and India.

Kerala Chief Minister Pinarayi Vijayan highlights investor-friendly initiatives and growth in investment potential at Invest Kerala Global Summit.

Equity indices decline due to foreign fund outflows, weak US markets, and tariff threats, impacting Sensex and Nifty.

When German voters go to the polls Sunday, the country’s moribund economy — and promises to fix it — will be front of mind. But Donald Trump’s looming import tariffs will make that daunting task even harder for the new government.

Rupee expected to trade negatively due to weak equities, but cushioned by crude oil prices; influenced by RBI minutes.

S&P Global upgrades Kotak Mahindra Bank's credit rating to 'BBB' after RBI lifts operational curbs, positioning bank for growth.

Delta Air Lines is offering passengers who were on the flight that crashed and overturned at Toronto Pearson International Airport $30,000 each.

Adani Green withdraws from Sri Lanka wind farm project amid tariff dispute, government open to future collaboration.

US stocks fell Thursday after the world’s largest retailer warned that 2025 would be a rollercoaster ride and said it expected sales to slow this year amid fears that consumers are tapped out.

No one wants to pay taxes, and practically every American dislikes the IRS. But, as the saying goes, the only guarantees in life are death and taxes. So the IRS is here to stay.

Apple announced Wednesday it is replacing its entry-level iPhone SE, which debuted in 2016, with a new, much pricier model that comes with many features previously reserved for the company's more expensive handsets.

Cars for export are seen at a port in Yantai, China's eastern province of Shandong, on Feb. 20, 2025.

With the Trump administration reversing support for low-carbon power, the business case for making wind, solar and electric vehicle parts gets weaker.

Imagine having a language tutor who was always on, available anytime to teach you new vocabulary or check up on your progress.

Shoppers flooded to Walmart for groceries and clothing last year. But 2025 will be trickier for the retail giant as inflation ticks back up and Trump’s tariffs kick in.

Government extends Chief Economic Adviser V. Anantha Nageswaran's tenure until March 2027, following approval by Appointments Committee of the Cabinet.

Skoda Auto Volkswagen India faces $1.4 billion tax demand for allegedly misclassifying imports, customs department warns legal action.