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COMMERCE DEPARTMENT DATA
US goods trade deficit widens 17% to $118.8 billion in JulyThe United States merchandise-trade deficit grew substantially in July. This shortfall reached its highest point since early last year. Inb...- Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
- US weighs a new round of tariffs on semiconductors, says reportWashington is also mulling a phase-in period for the new tariffs and the framework could still be substantially revised in the coming weeks...
- Nvidia forecasts 70% sales growth next year, signals AI spending boom has years left to run"AI has reached its inflection point. It's doing useful work. Its tokens are productive and profitable. Now, compute is revenue," Nvidia Ch...
- Dollar near eight-day high as US data lifts Fed hike betsThe dollar showed a minor uptick following U.S. inflation figures that aligned with forecasts for an impending Federal Reserve rate increas...
- US stocks today: US stocks end near flat as hot inflation data clouds Fed rate outlookWall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turne...
- US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia resultsUS stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, li...
- Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities reversed morning gains to close sharply lower, with Sensex falling 183 points and Nifty declining 0.52%. IT stocks weakened...
- US inflation holds at 3.7% in July, complicating Fed rate debateU.S. inflation remained unchanged in July, exceeding the Federal Reserve's target. This persistent inflation complicates the central bank's...
- What are H-1B visas for skilled workers and what changes loom?Recent proposals from the US administration indicate a sharp rise in H-1B visa fees, which could challenge employers, especially in tech an...
- US moves to impose more than $100,000 fee for H-1B worker visasThe U.S. Department of Homeland Security plans to raise the H-1B visa fee to $103,265, according to a notice posted in the Federal Register...
- Canada rejected US tariff deal. Now comes the economic costCanada faces economic fallout after trade talks with the US collapsed and Washington imposed 50% tariffs on hundreds of Canadian products. ...
- Chhattisgarh steps up geospatial, logistics planning with two PM GatiShakti pactsChhattisgarh signed pacts with BISAG-N and NLDSL to enhance geospatial technology use. These agreements aim to foster sustainable economic ...
- GST registration for big businesses: Centre, states work on uniform documents for faster approvalsIn a bid to enhance efficiency, tax authorities are crafting standardized guidelines for GST registration applications. This effort targets...
- Haryana cuts infra project site assessment time from 45 days to 1-2 days using GIS toolsHaryana now uses GIS technology to speed up infrastructure site assessments. Feasibility studies are reduced from weeks to just two days. T...
- Shiprocket lifts off: The fire that fuels the new logistics engineShiprocket’s strong stock market debut reflects surging investor confidence in India’s tech-driven e-commerce infrastructure. As rapid D2C ...
- Govt organises awareness session on EU CBAM for exportersIndian exporters received an awareness session on the EU's Carbon Border Adjustment Mechanism regulations. This mechanism, effective Januar...
- India weighs sugar import duty cut to curb record local pricesIn an effort to reign in soaring domestic sugar prices, India is thinking about lowering its sugar import duty. This response is geared tow...
- Finance ministry asks ministries to move from WPI to PPI in future contractsThe finance ministry has asked ministries and departments to adopt the Producer Price Index (PPI) instead of the Wholesale Price Index (WPI...
- PCB crunch, US tariffs shrink Q1 electronic component exportsFirst-quarter electronic component exports shrank 16% year-on-year to $1.34 billion, while overall electronic goods exports increased 22.5%...
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