Economy

In a stunning twist, a U.S. federal appeals court reinstated President Donald Trump’s sweeping tariffs on imports, overturning a lower court’s ruling that deemed them illegal 24 hours earlier. This judicial rollercoaster, reported on May 30, 2025, has sent ripples through global markets, reigniting debates over trade policy, presidential power, and economic impacts. With tariffs […]

India’s economic trajectory is under the spotlight as the United Nations recently revised its 2025 GDP growth forecast for the country, dropping it to 6.3%. While this figure still positions India as one of the fastest-growing major economies globally, the downward revision signals potential challenges ahead. Let’s dive into what this means, why it happened,

On May 7, 2025, the Indian rupee took a hit, dropping 31 paise to 84.66 against the US dollar in early trading. This decline follows India’s military strikes on terrorist facilities in Pakistan and Pakistan-occupied Kashmir under Operation Sindoor, a response to the tragic Pahalgam attack that claimed 26 civilian lives two weeks ago. If

Many aspiring spirits among taxpayers were most likely raised beyond expectations regarding the Budget 2025 with sound reverberations from the FM. The murmur surrounding the phase-out of the older tax framework saw substantial changes in the new tax regime, where these changes were given credence. Considerable tax relief was therefore extended to taxpayers; for example,

At the US-India Economic Forum in Washington DC, hosted by CII and USISPF, Reserve Bank of India (RBI) Governor Sanjay Malhotra urged American businesses to invest in India, highlighting its position as the world’s fastest-growing major economy. Even with the changes in the global financial markets, India is supposed to have a 6.5% growth rate

Gold surged to an unprecedented peak on Wednesday, fueled by a softer dollar, escalating trade disputes, and worries over global economic stability tied to U.S. President Donald Trump’s tariff policies, spurring demand for safe-haven assets. FUNDAMENTALS DATA/EVENTS (GMT) 0200 China Urban Investment (YTD) YY, Retail Sales YY, Unemployment Rate Urban Area Mar 0200 China GDP