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ECONOMIC POLICY
US lawmakers urge Donald Trump to act against EU tech rules, suggest trade probesIn a letter, the lawmakers focused on the European Union's Digital Markets Act aimed at reining in the power of Amazon, Apple, Booking Hold...
Global Market: Euro zone banks tighten credit standards amid geopolitical risks, ECB survey showsEuro zone banks tightened lending standards in the second quarter as geopolitical uncertainty and economic risks prompted greater caution, ...
Japan bond jitters overshadow Takaichi's first economic policy roadmapPrime Minister Sanae Takaichi's economic blueprint promises increased investment in growth areas. Market concerns persist regarding potenti...
Global Market: Japan's Takaichi unveils growth blueprint, reiterates investment push amid bond market concernsJapanese Prime Minister Sanae Takaichi unveiled her first economic blueprint, promising stronger investment in strategic industries while r...
Global Market: Chinese tech stocks rebound as semiconductor rally lifts mainland marketsChinese technology stocks experienced sharp fluctuations on Tuesday, with semiconductor shares leading a strong recovery. Investors are now...
Tariff policy wildly successful, more coming: USTR Jamieson GreerUS Trade Representative Jamieson Greer believes tariff measures reduced trade deficits and encouraged business reshoring. The Trump adminis...
IMF approves $690 million for Ukraine after reviewThe International Monetary Fund board approved $690 million for Ukraine's loan program. This funding brings total disbursements to about $2...
Energy shock vs AI boom: RBI should act as and when external shocks push domestic data in a direction, not until thenGlobal growth faces pressure from an energy shock and a tech boom. The energy shock stems from conflict, impacting oil prices and shipping ...
BBBump it up, boys! The great Indian economic rating puzzleIndia's fiscal discipline has improved significantly, supported by strong economic growth. Government deficit has narrowed while growth con...
Gujarat tops NITI's investment friendliness index; Maharashtra, Tamil Nadu followGujarat, Maharashtra, and Tamil Nadu lead NITI Aayog's investment friendliness index. The index assesses states on eight key parameters for...
Global Market: Japan reaffirms BOJ independence in economic blueprint after market jittersJapan's government reaffirms the Bank of Japan's independent role in monetary policy decisions. This clarification addresses market concern...
US Stock Market: Fed Chair Warsh keeps rate path unclear as policymakers differ on inflation outlookFederal Reserve Chairman Kevin Warsh prefers less market signaling on monetary policy. He emphasizes evaluating economic data before adjust...
Country heading towards economic crisis due to Modi govt's policies: CongressWholesale price inflation reached 9.87 percent in June, impacting the nation's economy. The Congress party attributes this rise to the gove...
China's latest 'shock', German auto pain and the euro/yuan pressure cookerChina's export engine is posting a large trade surplus, defying global challenges and trade tensions. Chinese exports climbed significantly...
US consumer inflation likely increased at a slow pace in June as gasoline prices retreatedU.S. consumer inflation probably slowed in June, but rate hikes remain possible. Gasoline prices retreated from highs after a fragile cease...
Raghuram Rajan, Microsoft's Asha Sharma among Indian-origin appointees to US Fed review panelsUS Federal Reserve appointed Indian-origin experts for policy review. Raghuram Rajan and Raj Chetty will join task forces. Asha Sharma will...
Global Market: Japan weighs revised monetary policy language in economic blueprint to reinforce BOJ independenceJapan's government is considering revising the language in its economic policy blueprint. This move aims to underscore the Bank of Japan's ...