[ad_1] On April 4, 2025, the Trump administration formally announced the reintroduction of sweeping “reciprocal tariffs.” These proposed duties aimed to match or exceed the import tariffs other nations impose on American goods. Despite their aggressive tone, they have deferred their actual implementation by 90 days, bringing the effective date to early July 2025. This…
[ad_1] US President Donald Trump’s reciprocal tariffs have sparked fears of a global trade war and raised the possibility of steep price increases for several goods, including Apple’s iPhones. With tariffs coming into effect, a high-end iPhone is estimated to cost nearly $2,300 if Apple passes the costs on to consumers, according to a report…
[ad_1] As a tariff-happy America under Donald Trump puts China’s export-oriented economy on notice with trade barriers, Beijing is doubling down on efforts to stimulate domestic demand. Local consumption has weakened sharply in recent years, weighed down by a property slump, a market in which much Chinese savings are parked, even as income prospects have…
[ad_1] The biggest single-day fall in the price of IndusInd Bank shares on Tuesday, 11 March, wiping out more than a quarter of its market value, raises a number of questions. The sharp sell-off followed the lender’s disclosure of accounting discrepancies related to its derivative trades, triggering a spate of analyst downgrades. The fact that…
[ad_1] Let’s take stock of India’s external environment. Our pile of foreign exchange has dropped by nearly $80 billion or about 12% in five months. Much of this loss was because the Reserve Bank of India was trying to defend a falling rupee. The rupee-dollar rate is racing towards 88 and beyond, down by 6%…
[ad_1] That the Indian economy is going through a difficult phase is no longer a matter of speculation. The Economic Survey not only made that clear, but went further by offering evidence of a decline in earnings of the self-employed in the last six years. For regular and casual workers, wages have been declining for…
[ad_1] In a light-hearted social media moment, tech mogul and Tesla CEO Elon Musk recently took to X (formerly Twitter) to share an AI-generated video featuring himself and former U.S. President Donald Trump. The duo, depicted in the video, is seen energetically dancing to the iconic Bee Gees hit “Staying Alive,” both dressed in sharp…
