Global Economy

India's Adani Group revives US investment plans, FT reports

After Trump's November election win, Gautam Adani said the group planned to invest $10 billion in US energy security and infrastructure projects, creating a potential 15,000 jobs.
2 March 2025, 05:54 AM

Rupee falls for fifth month in February

The Indian rupee logged its fifth straight monthly fall in February, weighed down by foreign portfolio outflows and increased hedging in the onshore and the non-deliverable forward market.
1 March 2025, 18:00 PM

Investors unnerved by heated Trump-Zelensky Oval Office showdown

Investors were stunned on Friday after Ukrainian President Volodymyr Zelenskiy’s meeting with US President Donald Trump ended in disaster, adding uncertainty to financial markets already jittery due to weakening economic data and volatility around US trade policies.
1 March 2025, 18:00 PM

Citigroup mistakenly posted $81 trillion to customer account: FT

The payment was reversed several hours later and no funds ever left the bank
1 March 2025, 04:47 AM

Trump vows March 4 tariffs for Mexico, Canada, extra 10% for China over fentanyl

The fresh China tariffs, in addition to the 10% tariff levied on February 4, coincide with the start of China's annual parliamentary meetings on Wednesday
28 February 2025, 09:41 AM

Why China may struggle to unlock the power of AI

Artificial intelligence will play a critical role in shaping China’s fortunes as a great power. Yet Beijing’s attempt to translate wins by today’s innovators like DeepSeek and others into wider gains for the $18 trillion economy will be challenged not just by the United States but also by the Chinese Communist Party’s own desire to maintain control.
26 February 2025, 18:00 PM

Tech, auto, medicines: who will pay Donald Trump’s tariffs?

After steel and aluminium, US President Donald Trump has set his sights on slapping 25 percent tariffs on semiconductors, cars and pharmaceuticals.
22 February 2025, 18:00 PM

Trump tariffs leave WTO adrift in eye of the storm

The World Trade Organization’s entire mission is overseeing global trade, but US President Donald Trump’s tariff offensive has left it adrift.
22 February 2025, 18:00 PM

Gold scales new high

Gold prices rose to a record high on Thursday as investors turned to bullion for safety on fears US President Donald Trump’s tariff plans would stoke inflation and a global trade war.
20 February 2025, 18:00 PM

Elon Musk is not India’s ideal foreign investor

India may get more than it bargained for when it comes to Elon Musk. The Tesla boss’ role in the White House might make it easier for him to set the terms of his entry into the world’s third-largest car market. But President Donald Trump’s aim of cutting the US trade deficit will leave India less leverage to wrangle coveted factory jobs it wants from Musk.
20 February 2025, 18:00 PM

Trump says he will introduce 25% tariffs on autos, pharmaceuticals and chips

Trump has long railed against what he calls the unfair treatment of US automotive exports in foreign markets.
19 February 2025, 03:11 AM

Global stocks buffeted by tariff threats and data

Stock markets diverged and the dollar dipped on Friday as traders tracked US President Donald Trump’s latest tariff announcement, economic data and earnings.
15 February 2025, 18:00 PM

Japan to release emergency rice reserves to fight inflation

The Japanese government said Friday it will release a fifth of its emergency rice stockpile after hot weather, poor harvests and panic buying over a “megaquake” warning nearly doubled prices over a year.
15 February 2025, 18:00 PM

Gold dips on profit-taking

Gold prices fell over 1 percent on Friday due to profit-taking, although they remained poised for their seventh straight weekly rise, driven by fears of a global trade war in the wake of US President Donald Trump’s push for reciprocal tariffs.
15 February 2025, 18:00 PM

Brazil hints at WTO complaint after Trump steel tariffs

President Luiz Inacio Lula da Silva said on Friday that Brazil would react to US President Donald Trump’s decision to issue tariffs on steel imports, suggesting his government could file a complaint at the World Trade Organization, or tax US products.
15 February 2025, 18:00 PM

What are Trump's reciprocal tariffs and who may be hit?

What are the details of his plan and what consequences could they bring?
14 February 2025, 02:06 AM

US trade deficits at core of Trump tariff moves

Imposing punitive tariffs on countries with high trade surpluses with the United States has been at the heart of US President Donald Trump’s economic policy.
13 February 2025, 18:00 PM

India’s retail inflation eases to 4.6% in January

India’s Consumer Price Index (CPI) based retail inflation eased to 4.6 percent in January from 5.22 percent in December.This marks a decline of 91 basis points in headline inflation compared to the previous month, making it the lowest year-on-year inflation since August 2024.
13 February 2025, 18:00 PM

Honda and Nissan say merger talks called off

Japanese auto giants Honda and Nissan confirmed on Thursday they had scrapped merger talks announced in December, ending a tie-up that would have created the world’s third-largest automaker.
13 February 2025, 18:00 PM

Gold firms

Gold gained on Thursday as markets closely tracked developments in US President Donald Trump’s tariff plans, which could further escalate a global trade war, while investors awaited crucial US data due later in the day.
13 February 2025, 18:00 PM