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CHINA ECONOMY
China's luxury demand recovery may remain elusive, forcing global brands to rethink growth: Bernstein reportA report by Bernstein indicates that the luxury goods industry faces challenges due to reduced Chinese consumer demand. Economic factors su...
‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala SitharamanNirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She hi...
Dr Doom, who predicted global financial crisis, has a forecast for IndiaEconomist Nouriel Roubini, known as “Dr Doom” for predicting the 2008 Global Financial Crisis, sees India emerging as a major growth story ...
India-US trade pact would be concluded at earliest, in interest of global trade: FM SitharamanIn a promising update on the India-US trade agreement, Nirmala Sitharaman indicated that negotiations are progressing well, with Commerce M...
ReNew CEO warns China reliance puts energy transition at riskChina's dominance in solar panel production, controlling approximately 90%, poses risks to the global transition towards renewable energy a...
Global Market: Yuan holds steady, set for third weekly gain on robust Chinese exportsChina’s yuan remained stable against the dollar, heading for a third consecutive weekly gain on resilient exports. The currency reached its...
China's trade barriers biggest hurdle in bilateral ties, says Nirmala Sitharaman; flags $100 billion deficitNirmala Sitharaman has identified China's constraints on Indian exports as a crucial hindrance to trade advancement. The finance minister r...
Markets will push the US to act constructively: Nouriel RoubiniNouriel Roubini highlighted the significance of India's emerging economy during a recent event in Dubai. As the US seeks a constructive tra...
India's trade deficit with China crosses USD 100 bn in first 9-monthsIndia's trade deficit with China has climbed to USD 105.93 billion in the initial nine months of this year. However, it is noteworthy that ...
Behind big billions, the China hedge begins to take shape in IndiaHyundai Motor Group plans to invest $15.5 billion in India over the period of 2026 to 2032. This initiative aims to strengthen local manufa...
India-US trade deal heading towards ‘landing point’, EAM Jaishankar saysExternal Affairs Minister S Jaishankar indicated that India and the US are advancing their trade deal negotiations. Both countries are addr...
Not gold, GDP, military strength or rare earths: Elon Musk, the world’s richest person, says this hidden metric reveals true economic strengthElon Musk has offered a different way to judge the strength of a major economy. In an October 10 post on X, the Tesla and SpaceX chief exec...
Former UK PM Rishi Sunak meets PM Modi; hails his "commitment, work ethic and energy"Former UK Prime Minister Rishi Sunak met Prime Minister Narendra Modi in New Delhi recently. He congratulated Modi on his 25 years of publi...
IMF sees India bucking global slowdown, raises 2026 growth forecast to 7%IMF has increased India's growth forecast for 2026 due to stronger-than-expected economic momentum. Resilient domestic demand and robust se...
Who is Huang Qifan? Chinese politician and former Chongqing mayor reportedly under investigation for corruptionHuang Qifan, who served as mayor of Chongqing from 2010 to 2016, is currently under investigation. The investigation was confirmed by state...
Global Market: European shares rise as lower oil prices lift sentiment; tech stocks slideEuropean markets saw an uptick, driven by declining oil prices that buoyed sentiment across numerous sectors. However, the technology indus...
IMF raises 2026 global growth forecast to 3.1%, warns of rising risks from war and debtThe IMF projects global growth of 3.1% in 2026, supported by AI infrastructure investment, but warns that prolonged Middle East conflict, e...
India, Gulf gain room to manoeuvre as US-China rivalry reshapes world, says former UK PM Rishi SunakRishi Sunak stated that countries such as India and Gulf nations are shaping global orders independently. He emphasized the increasing geop...
Nvidia's China AI-chip share falls as Huawei closes gap, report findsNvidia's share of China's market for data-centre AI chips fell to 34% in the first half of 2026, as US export controls restricted supplies ...
Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...