[ad_1] WASHINGTON — The Senate confirmed wealthy financier Howard Lutnick as commerce secretary Tuesday, putting in place a staunch supporter of President Donald Trump’s hardline trade polices. At the Commerce Department, Lutnick, who was CEO at the investment firm Cantor Fitzgerald, will oversee 50,000 employees who do everything from collecting economic statistics to running the…
[ad_1] The government is proactive in safeguarding the interests of Indian exporters amid global trade challenges, according to Jitin Prasada, Union minister of state for commerce & industry. The government is strategizing to address potential hurdles arising from protectionist trade policies of other countries, Prasada said speaking at an event organised by the Engineering Export…
[ad_1] The corrective phase of India’s stock markets is expected to continue but a short-term bounce appears possible with bulls managing to defend the strong support of 22,800 points for a third time on Monday, according to market analysts. The benchmark Nifty 50 index recovered twice in the recent past from around that level despite…
[ad_1] U.S. President Donald Trump looks on as he stands in the Oval Office of the White House | Photo Credit: Reuters Brazil’s BRICS presidency this year will not advance a common currency for the group of major developing economies this year, four government officials said, but its agenda may pave the way for less…
[ad_1] European Commission President Ursula von der Leyen. File | Photo Credit: Reuters European Union chief Ursula von der Leyen vowed on Tuesday (February 11, 2025) that U.S. tariffs on steel and aluminium “will not go unanswered,” adding that they will trigger tough countermeasures from the 27-nation bloc. “The EU will act to safeguard its…
[ad_1] On 3 February, both Canada and Mexico were given a 30-day reprieve, with concessions extracted from them—the beefing up of border patrols to prevent ingress of fentanyl and illegal immigrants. While both Canada and Mexico had threatened retaliatory tariffs, they too have deferred action in the wake of Trump’s decision to temporarily suspend tariffs…
[ad_1] Donald Trump seems determined to leave the world breathless with his flurry of trade tariffs. On Sunday, the US president said he would stiffen duties on America’s steel and aluminium imports. He also repeated his global call for ‘reciprocal’ rates: “If they charge us, we charge them.” So far, he has made no specific…
[ad_1] MUMBAI : Prime Minister Narendra Modi and US President Donald Trump will meet at the White House later this week to discuss trade, immigration, defence, and energy cooperation. Mint looks at the importance of the visit in thwarting India-specific tariffs and furthering the Indo-US bilateral relationship. Why PM Modi’s US visit could not have…
[ad_1] Gold price today: The price of gold has been breaking record after record this year, continuing its unwavering rally from the previous calendar year without any significant pullbacks. The yellow metal, which is seen as the safest investment, has been drawing support from all market participants, including investors, central banks, and retail investors, leading…
[ad_1] (Updates to mid-afternoon) Consumer data shows jump in inflation expectations Nonfarm payrolls rose 143,000 in January vs 307,000 in December Trump will announce new reciprocal tariffs next week NEW YORK, Feb 7 (Reuters) – Wall Street turned sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed payrolls report,…
