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US IMPORTS DECLINE OCTOBER
US goods trade deficit widens sharply in May on importsThe goods trade gap increased 27.4% to $105.8 billion last month, the Commerce Department's Census Bureau said on Friday. Economists polle...- Indian refiners unlikely to rush for Iranian oil despite temporary US sanctions waiver, says analystIndian refiners are unlikely to sharply raise purchases of Iranian crude despite a 60-day US sanctions waiver, as uncertainty over its dura...
- Middlemen offer Iranian oil to Indian refiners after US waiver, traders sayMiddlemen and Iran's state oil company are offering discounted Iranian crude to Indian refiners after the US granted a 60-day sanctions wai...
- Cotton duty or competitiveness? The bigger challenge facing India’s $190 billion textile industryThe government’s temporary import duty relief may ease pressure on mills and exporters, but industry experts say deeper problems in product...
- US Stocks: Nasdaq, S&P end lower as tech megacap declines outweigh upbeat chip outlookIndian markets saw a mixed close on Thursday. While the Nasdaq and S&P dipped due to Big Tech's AI spending concerns, the Dow edged higher....
- Psychology says people who decline invitations more often as they get older may not be becoming unfriendly, they may be becoming more selectiveAs adults age, they often begin declining social invitations, not out of unfriendliness, but due to a growing awareness of personal limits ...
- US economy expanded at solid 2.1% pace in January-March, government says, upgrading last estimateThe growth in gross domestic product - the nation's output of goods and services - marked a rebound from a sluggish 0.5% in the last three ...
- Dollar hits 13-month highs as investors bank on rate hikesThe US dollar is on a remarkable rise, approaching its most significant monthly increase in a year, fueled by expectations of upcoming rate...
- Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
- EU governments adopt legislation to fulfil EU side of US trade dealEuropean Union governments have greenlit legislation to eliminate import duties on numerous U.S. products, honouring a trade pact with Pres...
- US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
- India, US move closer to interim trade deal after Goyal-Greer talksIndia and the United States have made significant headway in their Bilateral Trade Agreement negotiations, with both nations expressing str...
- Global Markets | European shares hold flat on US-Iran talks; Rheinmetall slidesEuropean markets saw a flat opening as investors weighed U.S.-Iran talks. Defence giant Rheinmetall plunged on reports of Germany scrapping...
- Modinomics is appeasement of US, capitulation to China: CongressThe Congress party has criticized the Modi government's economic policies, dubbing them as "Modinomics." They argue that these policies inv...
- Why did stock market fall today? Weak global cues among 5 key triggers behind Rs 6 lakh crore D-St routIndian stock markets experienced a significant downturn on Tuesday, with the Sensex and Nifty shedding substantial investor wealth. This de...
- India's LPG imports from US set to cross 1 million tons in June, sources sayIndia's LPG imports from the U.S. are projected to cross a record 1 million metric tons in June, driven by Middle Eastern supply disruption...
- RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...
- SAT 2026-27 registration is now open. Here's what students should knowRegistration for the 2026-27 SAT testing cycle is now open, offering students a chance to secure their preferred dates for the digital exam...
- India's thermal coal imports sink to a 4-year low as green energy reshapes demandIndia's thermal coal imports have reached a four-year low. This decline is attributed to higher domestic coal output and a significant rise...
- Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt sourceGold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices an...
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