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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
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China's Top Official Mocks Trump Tariffs, Counters JD Vance's "Peasant" Slur
Amid spiralling trade war between the world's two biggest economies, US Vice President JD Vance's "Chinese peasants" remark has once again come back to bite him, with a top Chinese official using the same word to describe Americans.
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Who Is US Federal Reserve Chief Jerome Powell, Why Is Trump Angry With Him
Jerome Powell is often seen as the most powerful central banker in the world, overseeing the US economy and the dollar, the world's reserve currency.
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"Greatest Risk To Our Economy Is President Trump": Canada PM Mark Carney
As the tariff war started by US President Donald Trump continues to have its ripple effect, Canadian Prime Minister Mark Carney said the biggest risk to its economy is the Republican leader.
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US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
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India To Grow By 6.5% This Year, Remain Fastest-Growing Economy: Report
India is expected to grow by 6.5 per cent in 2025 on the back of continued robust public spending and ongoing monetary easing, even as the world economy is on a recessionary trajectory.
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Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.
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India To Witness Above-Normal Rainfall This Monsoon, Says Weather Office
The prediction is good news for the agriculture sector and the economy
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"Doing Really Well, Exciting For America": Trump On Tariff Policy
President Donald Trump struck a confident tone on Friday despite his tariff policy triggering worries about the US economy with the dollar falling and markets in turmoil.
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Why Millionaires Are Fleeing London - What The Latest Data Reveals
Millionaires are fleeing London - not by handfuls or dozens, but by the thousands. In 2024 alone, more than 11,000 millionaires fled London for greener pastures.
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US Consumer Inflation Cools To 2.4% In March: Government Data
US consumer inflation cooled last month on plunging gas prices, according to government data published Wednesday, as consumers and businesses waited nervously for President Donald Trump's sweeping tariffs to come into effect.
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Ex-Minister Suresh Prabhu Only Indian On Bloomberg New Economy Advisory Board
Former Union Minister Suresh Prabhu has been appointed to the Bloomberg New Economy advisory board, making him the only Indian on the list, which includes the former President of Indonesia, First Deputy Managing Director of the IMF, Gita Gopinath.
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China To 'Moderately Reduce' Number Of US Film Imports: Entertainment Body
China's Film Administration said on Thursday it would "moderately reduce" the number of US films it imported into the country, as a standoff between the world's two largest economies escalates.
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Moody's Cuts India's 2025 Growth Forecast Citing US Tariff Impact
Moody's Analytics has downgraded India's growth forecast for 2025 by 30 basis points to 6.1% from the baseline it forecast in March, following the latest announcement of U.S. tariffs.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
Oil Giant Saudi Aramco, BYD Announce Alliance To Foster NEV Development
Saudi Arabia is working to diversify its economy, which is dependent on oil export revenue, and wants to set up 5,000 EV charging stations by 2030.
-
China's Top Official Mocks Trump Tariffs, Counters JD Vance's "Peasant" Slur
Amid spiralling trade war between the world's two biggest economies, US Vice President JD Vance's "Chinese peasants" remark has once again come back to bite him, with a top Chinese official using the same word to describe Americans.
-
Who Is US Federal Reserve Chief Jerome Powell, Why Is Trump Angry With Him
Jerome Powell is often seen as the most powerful central banker in the world, overseeing the US economy and the dollar, the world's reserve currency.
-
"Greatest Risk To Our Economy Is President Trump": Canada PM Mark Carney
As the tariff war started by US President Donald Trump continues to have its ripple effect, Canadian Prime Minister Mark Carney said the biggest risk to its economy is the Republican leader.
-
US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
-
India To Grow By 6.5% This Year, Remain Fastest-Growing Economy: Report
India is expected to grow by 6.5 per cent in 2025 on the back of continued robust public spending and ongoing monetary easing, even as the world economy is on a recessionary trajectory.
-
Chinese Economy Grew 5.4% In First Quarter Amid New US Tariffs
China on Wednesday said its economy grew a forecast-beating 5.4 percent in the first quarter as exporters rushed to get goods out of factory gates ahead of swingeing new US tariffs.
-
India To Witness Above-Normal Rainfall This Monsoon, Says Weather Office
The prediction is good news for the agriculture sector and the economy
-
"Doing Really Well, Exciting For America": Trump On Tariff Policy
President Donald Trump struck a confident tone on Friday despite his tariff policy triggering worries about the US economy with the dollar falling and markets in turmoil.
-
Why Millionaires Are Fleeing London - What The Latest Data Reveals
Millionaires are fleeing London - not by handfuls or dozens, but by the thousands. In 2024 alone, more than 11,000 millionaires fled London for greener pastures.
-
US Consumer Inflation Cools To 2.4% In March: Government Data
US consumer inflation cooled last month on plunging gas prices, according to government data published Wednesday, as consumers and businesses waited nervously for President Donald Trump's sweeping tariffs to come into effect.
-
Ex-Minister Suresh Prabhu Only Indian On Bloomberg New Economy Advisory Board
Former Union Minister Suresh Prabhu has been appointed to the Bloomberg New Economy advisory board, making him the only Indian on the list, which includes the former President of Indonesia, First Deputy Managing Director of the IMF, Gita Gopinath.
-
China To 'Moderately Reduce' Number Of US Film Imports: Entertainment Body
China's Film Administration said on Thursday it would "moderately reduce" the number of US films it imported into the country, as a standoff between the world's two largest economies escalates.
-
Moody's Cuts India's 2025 Growth Forecast Citing US Tariff Impact
Moody's Analytics has downgraded India's growth forecast for 2025 by 30 basis points to 6.1% from the baseline it forecast in March, following the latest announcement of U.S. tariffs.
