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Accenture’s $20.91 billion in Q2 bookings flags 9% outsourcing slump, signals caution ahead
Business

Accenture’s $20.91 billion in Q2 bookings flags 9% outsourcing slump, signals caution ahead

Despite strong revenue and profit figures, Accenture’s weakening new bookings and cautious full-year outlook signal trouble ahead for global and Indian IT firms amid persistent macroeconomic uncertainty.

Trump secures UK trade deal amid EU demands and tariff tensions
Business

Trump secures UK trade deal amid EU demands and tariff tensions

Trump clinches a UK trade deal post-G7, while tensions rise with the EU and Japan over tariff demands. As a July 9 tariff pause nears its end, markets await clarity on Trump’s next protectionist move.

US-UK trade deal finalized at G7 Summit, but steel tariff talks still ongoing
Business

US-UK trade deal finalized at G7 Summit, but steel tariff talks still ongoing

Trump and Starmer sign new agreement cutting tariffs on UK cars and aerospace goods, but critical steel negotiations remain unresolved amid wider global trade tensions.

India races to finalize US trade deal before July 9, accelerates EU FTA talks
Business

India races to finalize US trade deal before July 9, accelerates EU FTA talks

India is pushing to seal a key trade pact with the US before the July 9 tariff deadline, while simultaneously advancing an FTA with the European Union. Both deals are central to India’s global trade expansion strategy.

Arun Srinivas named Managing Director and Head of Meta India
Business

Arun Srinivas named Managing Director and Head of Meta India

Meta has appointed Arun Srinivas as the new Managing Director and Head for India, effective July 1, 2025. Srinivas will focus on scaling business growth, innovation, and strategic partnerships across Meta's platforms in India.

Apple reroutes nearly all India-made iPhones to US as tariffs on China soar
Business

Apple reroutes nearly all India-made iPhones to US as tariffs on China soar

Apple has redirected nearly all iPhones made in India to the US, bypassing China amid rising tariffs. With $4.4 billion in shipments already in 2025, India is cementing its role as Apple’s key export and manufacturing hub.

NorBlack NorWhite x Nike— First Indian brand to collaborate with Nike fuses sport, Bandhani & bold feminism
Business

NorBlack NorWhite x Nike— First Indian brand to collaborate with Nike fuses sport, Bandhani & bold feminism

Nike joins forces with NorBlack NorWhite to launch a groundbreaking bandhani-inspired collection that blends Indian tradition with sport-forward streetwear for women, led by powerful athletes and bold messaging.

Trade war thaw: Trump, Xi hold long-awaited phone call
Business

Trade war thaw: Trump, Xi hold long-awaited phone call

Trump said the call reached a "very positive conclusion" with both sides agreeing to talks to prevent an all-out trade war over tariffs and global rare earth supplies