Tag: economic growth

Higher steel tariffs to dent exports as companies look at other markets

Business
Representative image (Picture credit: AP) NEW DELHI: Doubling of import duty on steel and aluminium by the Trump administration will dent export demand, with companies having to scout for alternative markets.Several US importers have...

Govt favours wealth creation; profit not a bad word, says FM Nirmala Sitharaman

Economy
NEW DELHI: Finance minister Nirmala Sitharaman Saturday said the Modi government promotes wealth creation and encou-rages entrepreneurs to earn profits through ethical practices without inhibitions. This is in stark contrast to the stance adopted by...

US Stock Market: US stocks drop as Fed’s Powell says growth appears to be slowing; Nvidia tumbles

Stocks
NEW YORK: U.S. stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new U.S. curbs on its chip exports...

repo rate: Repo rate could be headed to 5.25-5.5% amid growth fears, global uncertainties

Stocks
Mumbai: Downside risks to growth, falling inflation and uncertainties in the global economic environment have led economists to expect the terminal repo rate...

US Markets: Friendly fire leaves US markets as biggest loser

Stocks
New York: Financial markets around the world are reeling Thursday following President Donald Trump's latest and most severe set of tariffs, and the...

Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump

Stocks
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing...

Wall Street pros weigh in on market sell-off under Trump’s tariff war

Market
It's been a brutal start to March as markets reverse their Trump-driven euphoria following the president's recent tariff...

Committed to reducing regulatory burden: FM Nirmala Sitharaman

Economy
The Centre remains steadfast in reducing regulatory burden and enhancing trust-based governance to improve ease of doing business, FM Nirmala Sitharaman said on...

World Bank bullish on Indian economy, reaffirms faith in country’s potential

Economy
The World Bank on Wednesday expressed strong confidence in the Indian economy and appealed to all to come and invest in the country....

RBI starts deliberations on interest rate amid expectations of 25-bps cut

Economy
Days after the Union Budget, the Reserve Bank of India (RBI) on Wednesday started deliberations on the monetary policy amid expectations of a...

Australia shoppers lured by discounts, shore up economy in 4Q

Market
By Wayne Cole SYDNEY (Reuters) - Australian retail sales dipped in December as pay back for a Black Friday...

US stocks: Wall Street slips with mixed data and earnings ahead of Fed week

Stocks
Wall Street's main indexes closed lower on Friday as investors stepped back while they digested a mixed bag of economic data and earnings...

Union budget may see fiscal consolidation but rural, welfare and subsidies may go up: Goldman Sachs Report

Economy
New Delhi: With the Union Budget for FY26 scheduled to be presented on February 1, 2025, a report by Goldman Sachs underlined two...

Budget 2025: Money for country roads may take economy to a better place

Economy
India Budget: As preparations for Budget 2025 gain momentum, Finance Minister Nirmala Sitharaman along with her team is poised to present measures aimed...
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