Tag: global economy
Look beyond premiumisation: FM Nirmala Sitharaman to India Inc
NEW DELHI: Finance minister Nirmala Sitharaman cautioned India Inc against focusing on premium consumers, saying that if companies pursue premiumisation for the urban tier alone,…
Uday Kotak lays out 7 priorities for Viksit Bharat, warns against economic complacency
Veteran banker Uday Kotak on Friday said India’s strong position in the global economy should not lead to complacency, outlining seven priorities including tighter fiscal…
Why are central banks buying more gold? Here’s what it means for the global economy
Central banks around the world are ramping up gold purchases at the fastest pace in decades, driven by rising geopolitical tensions, persistent inflation concerns, currency…
Trump’s war means higher global interest rates for years to come
Donald Trump’s war against Iran may be over, but the repercussions for global monetary policy are here to stay. With a shaky ceasefire largely holding…
Earth observation can add USD 263 billion in annual economic value globally: Report
New Delhi: While Earth observation (EO) data can contribute up to USD 703 billion to the global economy annually, more than 37 per cent of…
Make in India efforts showing results as import dependence falls in key sectors despite global shocks: Bank of Baroda
New Delhi: India’s efforts to build domestic manufacturing capabilities appear to be yielding results, with import dependence declining across several key sectors, including electricals, chemicals,…
Planing 500 delegations, outreach to 1,600 industry chambers to boost FTA utilisation: Piyush Goyal
The commerce ministry is preparing granular plans to boost the utilisation of free trade agreements (FTAs) by Indian industry, including sending 500 delegations abroad, training…
War fades the Goldilocks moment. RBI’s next move will matter
The moment of comfort did not last long. What looked like an unusually benign alignment of high growth and low inflation for India is now…
‘Think of the unthinkable and prepare for it’, IMF warns on Iran war impact on global economy| Business News
The International Monetary Fund has warned of inflation risks from an escalating Iran war, as a direct fallout is the surge in crude oil prices….
Trump eyes new trade probes to revive tariffs after court defeat
The US is readying a spate of additional national security investigations that would enable President Donald Trump to impose new tariffs, as the administration seeks…