[ad_1] Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open higher on Friday, following mixed global market cues. Asian markets traded mixed, while the US market ended mostly higher overnight, after the retail sales and inflation data. On Thursday, the Indian stock market ended with stellar gains…
[ad_1] Watching the President of the United States, Donald Trump, reveal in the Oval Office what he described as “a tremendous trade deal” with the United Kingdom reminded me of the 1990s sitcom Seinfeld—it was a show that was literally about nothing. To be clear, it’s not a deal. It’s more of a framework for…
[ad_1] Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Wednesday, following weakness in global markets as US tariffs woes continued to dent investor sentiment. Asian markets traded lower, while the US stock market closed in the red overnight on tariff uncertainties. On Tuesday, the…
[ad_1] The loudly trumpeted aim of US President Donald Trump is to revive America’s economic mojo. That balanced foreign trade was not all rhetoric but a real part of his agenda hit home only on 2 April, when the US erected a tariff regime that left other countries aghast and economists agape. What dropped jaws…
[ad_1] In response, both Canada and Mexico have announced retaliatory tariffs on key US industries, while Trump has vowed to impose “reciprocal” tariffs on “everybody across the board.” Also Read: Truth or dare: Close the deficit in clarity over the impact of Trump’s tariffs Since no other country wields as much influence over the world…
[ad_1] The American side has asked for tariff concessions on petrochemical exports to India, even as their Indian counterparts are pushing more value addition to be done in India—less imports from the US of finished goods and more of raw materials to be processed in India. Currently, India imports both raw materials—mostly crude oil—and finished…
[ad_1] In this volatile environment, India must confront a critical but often overlooked challenge: labour productivity. Without determined efforts, our low labour productivity will continue to erode our economy’s growth potential, pushing it into a middle-income trap. Therefore, addressing this gap is not just a policy priority, but an existential imperative. Also Read: Worker scarcity:…
[ad_1] When I was a kid, I believed the West was a place. Then I realized that all of the West was not entirely the West. The West was an idea, an invention. When you put it this way, it looks as though it is some kind of subterfuge to overwhelm human instincts. But I…
[ad_1] India imports goods worth more than it exports, but the gap has narrowed, according to official data. The country logged a trade deficit of under $22 billion in December, down from $32.8 billion the previous month, as outward shipments of merchandise rose while inward fell. The November numbers that were first released by the…
[ad_1] The government’s ambition is to reach FDI worth $100 billion every year. This will still represent less than 3% of gross domestic product (GDP) and not even one-tenth of the industrial and economic investment that is needed to take GDP growth to a higher orbit. A bulk of the investment will continue to be…
