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India’s semiconductor industry is poised for significant expansion. A UBS report projects a doubling of end-demand revenues by 2030. The market is expected to grow at a 15 per cent CAGR. Localisation efforts will contribute substantially to revenue. India’s talent pool and supportive policies are key drivers. Multinational companies are diversifying supply chains, benefiting India.

Malaysian furniture manufacturers are scrambling to fulfill orders from American customers before potential tariff hikes take effect under former President Trump’s trade policy. With the US being their largest export market, factories are operating at full capacity to maximize shipments during the 90-day window of a lower 10% tariff rate.

Central Europe is grappling with a foot-and-mouth disease outbreak, leading to mass animal culls and border closures among Hungary, Slovakia, and Austria. Originating in Hungary, the highly contagious virus has spread rapidly, prompting disinfection efforts and border restrictions. Amidst economic concerns and investigations into the outbreak’s cause, affected farmers face significant challenges in rebuilding their … Read more

Tesla has stopped accepting new orders for its Model S and Model X in China, a move coinciding with escalating trade tensions between the US and China. This decision follows China’s imposition of 84% tariffs on US products in retaliation to increased US duties.

Brokerage firms have issued varied ratings on several Indian companies. Bernstein initiated coverage on Vishal Mega Mart with an ‘underperform’ rating, while Motilal Oswal has a ‘neutral’ stance on KEI Industries. Nuvama recommends a ‘buy’ for Godrej Properties, and Investec upgraded Vedanta to ‘buy’. DAM Capital Advisors also suggests a ‘buy’ for Affle India, citing … Read more