India
The world’s first carbon border tax will soon go live — shaking up global trade
A worker walks past molten steel at a steel factory in Huai’an, in China’s eastern Jiangsu province on July 22, 2025. – | Afp | Getty Images The European Union is less than three months away from launching its carbon levy — the world’s first large-scale border tax on carbon-intensive goods. The forthcoming step, which […]
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U.S. pharma tariffs spare India’s generic drugmakers — but leave investors jittery
MUMBAI, INDIA – MARCH 3: A technician works at a Cipla laboratory March 3, 2002 in Vikhrohi, Mumbai, India. Jean-marc Giboux | 3rd Party – Misc | Getty Images Stocks of leading Indian drugmakers fell on Friday, even though the 100% U.S. tariffs on branded and patented drug imports are unlikely to affect these companies. […]
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CNBC’s Inside India newsletter: From American Dream to Indian Dream
This report is from this week’s edition of CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Like what you see? You can subscribe here. The big story Lately, every move out of Washington seems to send aftershocks straight to New Delhi. The latest shake-up? A $100,000 one-time […]
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Investors turn bullish on Indian stocks after a year of underperformance
Key Points Investors said Indian valuations have become cheaper compared to other emerging markets, and the domestic economic outlook is improving. “We think Indian equities now look attractive on a regional basis and upgrade the market to overweight (from neutral),” HSBC analysts said. Market participants said the 50% tariffs imposed on Indian exports to the […]
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CNBC’s The China Connection newsletter: TikTok tops the trade talk
This report is from this week’s CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. You can subscribe here. The big story Many in business circles were hoping for a sweeping U.S.-China trade deal, but an agreement now looks even more elusive. The fate of TikTok in […]
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India is betting $18 billion to build a chip powerhouse. Here’s what it means
A robotic machine manufactures a semiconductor chip at a stall to show investors during The Advantage Assam 2.0 Investment Summit in Guwahati, India, on Feb. 25, 2025. Nurphoto | Nurphoto | Getty Images India wants to become a global chip major, but the odds are steep: competition is fierce, and India is a late entrant […]
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Trump’s $100,000 visa plan could hit these companies the hardest
As President Donald Trump’s H-1B visa fee plan rattles corporate America, Baird has data that can give clues on which technology and services sector companies could be hit the hardest. Trump said late Friday he would place a $100,000 tax on the visa program, which is known to help companies get highly skilled workers from […]
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Saudi defense pact with Pakistan unlikely to disrupt oil flows to India, source says
An oil tanker delivers at the oil terminal in the harbor on Oct. 10, 2016, in Kochi, India. Kaveh Kazemi | Getty Images News | Getty Images Saudi Arabia’s new mutual defense pact with Pakistan is unlikely to alter Riyadh’s energy relationship with key consumer India, a source told CNBC. Asked whether India would continue […]
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How India will feel the sting of Trump’s H-1B visa fee hike
Shubra Singh’s Saturday night dinner at a bar in Pittsburgh was ruined by the White House. Her eight Indian friends at the table, all techies on H-1B visas, were glued to their phones as they tried to get more information about U.S President Donald Trump’s latest move to raise fees for H-1B visa applications. Their […]
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Japan’s Nikkei 225 erases gains to trade lower after BOJ keeps interest rate steady
People crossing the street in Shibuya, Tokyo. Maydays | Moment | Getty Images Japan’s benchmark Nikkei 225 index pared gains to fall 0.57% Friday, after the Bank of Japan kept its policy rate steady at 0.5%, in line with the forecast from a Reuters poll of economists. The benchmark index had hit a fresh record […]
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