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Building resilient supply chains through an India-Chile partnershipChile, a major global player in critical minerals like copper and lithium, presents a compelling strategic alliance opportunity for India. ...
'Growth momentum solid,' IMF says, backing Fed's wait-and-see approachThe U.S. economy is showing robust growth, with first-quarter GDP revised upwards to 2.1%. The International Monetary Fund anticipates infl...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
Dollar rides high on Fed rate-hike betsThe US dollar is experiencing a significant surge, reaching multi-month highs against major currencies like the euro and yen. This strength...
Maharashtra CM meets Amazon CEO, invites company to invest in data centres, healthcareMaharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy, urging investment in the state's data centres, healthcare, and AI-d...
Service output index to debut next month with FY25 baseIndia is set to launch the Index of Service Production (ISP) next month, a crucial new monthly indicator mirroring the Industrial Productio...
India to release first-ever monthly index tracking services sector output from July 14India is launching a new Index of Services Production (ISP) to track the services sector's growth, mirroring the Index of Industrial Produc...
RBI in wait-and-watch mode despite easing West Asia risks: Sanjay MalhotraDespite easing West Asian tensions, the RBI remains cautious, with Governor Sanjay Malhotra emphasizing data dependency over pre-set intere...
Oil, AI and chips: The new resource race redrawing markets and nationsThe leap to a $5 trillion valuation for Nvidia underscores a dramatic paradigm shift: semiconductors have become the driving force of globa...
QOSMIC raises $3.3 million from Prosus, Accel, South Park Commons to solve space’s growing data bottleneckBengaluru-based QOSMIC has secured $3.33 million in seed funding to tackle a growing bottleneck in space: getting vast amounts of satellite...
US bond yields back to 'normal'; AI needs a reality check, says Ed YardeniVeteran strategist Ed Yardeni views the recent rise in Treasury yields and the AI stock correction as healthy market adjustments, not crisi...
RBI MPC: Growth rate could top 7% if oil prices fall furtherThe MPC members had voted for a status quo in the June policy, citing resilient growth and the need to assess inflation impact while statin...
Chevron signs pact with Microsoft for powering its Texas data centreChevron and Microsoft have partnered for a 20-year deal to power a Texas data center. The Kilby facility will supply 2.67 gigawatts using G...
RBI sold net $8.9 billion in April, gold holdings unchangedThe Reserve Bank of India engaged vigorously in the forex market in April, offloading a net amount of $8.94 billion to protect the rupee fr...
India's private investment gains overtakes government share post-COVID: ReportPrivate companies have emerged as the main drivers of investment in India after the pandemic, accounting for 71.3% of project announcements...
MSMEs are India's entrepreneurship nursery, RBI to continue strong support: Governor MalhotraEmphasising the Reserve Bank of India (RBI) continued committment to the MSME sector, RBI Governor Sanjay Malhotra on Sunday described Micr...
Stubbed out: How the world is quitting smokingItalian Prime Minister Giorgia Meloni's recent announcement of quitting smoking at the G7 summit has sparked global attention. This persona...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
China's domestic economy remains weak despite export boom, says Jefferies reportChina's economy shows a worrying trend: while exports are booming, especially in semiconductors, domestic demand is faltering. Consumer spe...
Urban mobility, cyber safety and sustainable urban development among top priorities for Bengaluru: Priyank KhargeBengaluru's IT/BT Minister Priyank Kharge has identified urban mobility, cyber safety, and sustainable development as key priorities for th...