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TARIFF WAR
US trade gap narrows in April on oil exports boostAmerica's trade gap narrowed in April. Energy exports surged due to Middle East conflict. This boosted overall exports. Imports also rose, ...- LPG crunch forces IRCTC to resume cooking onboard; 60% of railway food to be prepared on electricityRailway Catering and Tourism Corporation is now cooking meals inside moving trains. This practice was stopped earlier but has resumed using...
- Textile stocks to rally? Emkay sees sector at inflection point to regain lost glory, initiates 'Buy' call on 3 stocksIndia’s textile sector is nearing an inflection point and could regain lost global market share, according to Emkay Global. The brokerage i...
- Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs dataGoldman Sachs now anticipates the U.S. Federal Reserve will maintain current interest rates through 2026, delaying any rate cuts until 2027...
- China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....
- Telecom revenue growth may slip to single digits without tariff hikeTelecom revenue growth may slow to single digits this year without tariff increases. Operators are delaying hikes due to inflation. A poten...
- India-US trade deal "75 years overdue"; proposed 12.5% tariff part of talks: USIBC's Atul KeshapUS-India Business Council President Atul Keshap believes a trade deal is close. He notes ongoing talks and a US tariff proposal are part of...
- Trump, campaigning for Republicans in Wisconsin, vows quick end to Iran warPresident Trump campaigned in Wisconsin, vowing to quickly end the "Iran war" and lower fertilizer prices, aiming to boost Republican midte...
- US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...
- Global Market: Fed's Daly dismisses AI as near-term inflation risk amid rising pricesSan Francisco Fed President Mary Daly stated that while Artificial Intelligence may lower prices long-term, it's not a current concern for ...
- US services activity heats up in May, beating expectations: SurveyUS services sector activity expanded in May, exceeding expectations with the ISM index at 54.5%. While business activity and new orders gre...
- What is Section 301? Trump’s new tariff sword to hurt India and other partners?US and Indian trade officials are in New Delhi for crucial talks. They aim to finalize an interim trade pact before a key tariff deadline. ...
- Govt weighs tax cuts to boost foreign bond inflows: ReportIndia is set to boost foreign investment soon. The government plans to cut taxes on global funds investing in Indian bonds. Ownership limit...
- Trump’s tariff comeback? The White House finds a new route after court setbacksThe US is proposing to reintroduce country-specific tariffs on India and others, shifting from emergency powers to Section 301 of the Trade...
- New tariff: Think tank GTRI makes a case against US' additional 12.5% duty on IndiaAs India faces a proposed 12.5% US tariff on its imports, trade think tank GTRI has advised the govt to challenge the levy on legal grounds...
- India set to bargain hard in trade talks with US, UK this weekIndia faces critical trade negotiations with the US and UK this week. New Delhi seeks to protect its exporters from potential tariffs and s...
- US stocks today: US stocks end higher, boosted by tech gains, US-Iran peace hopesUS stocks closed higher as AI-driven tech rally lifted the Nasdaq and S&P 500 to fresh record highs. Nvidia gained after unveiling a new ch...
- US manufacturing activity scales four-year high in May, ISM saysAmerican manufacturing saw a significant boost in May, reaching its highest point in four years. Businesses are ordering ahead due to risin...
- Indian steelmakers grapple with resurgence of cheap Chinese importsChinese steel exports to India surged in April, reaching a two-year peak. This influx of cheaper steel, including hot-rolled coils and stai...
- India may have found reliable trade route beyond Strait of Hormuz with Oman trade dealIndia's new trade pact with Oman, effective June 1, offers strategic importance beyond trade. Oman's location outside the Strait of Hormuz ...
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