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The federal government shutdown in the United States is moving closer to becoming the second longest in history, with no signs of a breakthrough. Some lawmakers have even warned that it could soon surpass the record 35-day shutdown that took place during US President Donald Trump’s first term.The standoff began on October 1. The Trump…
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that India remains one of the strongest pillars of global growth even as the world economy turns more unpredictable amid rising tariffs, uneven expansion, and the rapid advance of artificial intelligence (AI), according to an ET report.Speaking at an IMF press conference, Georgieva replied to ET…
While reacting to US President Donald Trump’s remark, Russian ambassador Denis Alipov said that India’s decisions on oil imports are guided by its “national interests.” Earlier on Wednesday, Trump had said that PM Modi assured him that New Delhi will stop buying oil from Moscow. When asked whether India will continue importing Russian oil, Alipov…
The IMF predicts that the US economy will achieve 2% growth in 2025, surpassing their July projection of 1.9%. (AI image) Donald Trump’s tariff policies have not proved to be as detrimental to US and global economic growth prospects as previously envisioned by the International Monetary Fund. In its latest World Economic Outlook for 2025,…
Niti Aayog on Monday called for rapid expansion and modernisation of India’s fishing fleet, along with enhanced market access, as part of a broader push to promote the country’s blue economy.The think-tank also emphasised scaling up operations and strengthening monitoring and surveillance mechanisms across the sector, PTI reported.In its report titled India’s Blue Economy, Niti…
India’s general government capital expenditure (capex) is expected to stay close to 5% of GDP in FY26, slightly below 5.1% recorded in FY25 and well under the FY24 peak of 5.4%, according to Emkay Research.The report, cited by ANI showed that for the first five months of this fiscal, public capital expenditure has remained strong….
(AI image generated using ChatGPT) International Monetary Fund (IMF) Managing Director Kristalina Georgieva has hailed India as a “key growth engine” of the global economy. Her remarks come as the global economy is battling trade tariffs imposed by US President Donald Trump on April 2. “Global growth patterns have been changing over the years, notably…
The German government on Wednesday raised its growth projections, saying Europe’s largest economy is now expected to narrowly avoid stagnation in 2025 before accelerating to 1.3% in 2026. The previous forecast in April had predicted zero growth for 2025 this had been upgraded to 0.2%,, while the estimate for next year has been upgraded from…
Business groups have raised concerns over US President Donald Trump’s decision to impose a $100,000 fee on H-1B visa applications, warning that the move could hurt the US economy. They also called on the administration to avoid changing the skilled worker program that would add even more burden to companies.In a letter to Donald Trump…
Union finance minister Nirmala Sitharaman on Friday highlighted India’s growing economic resilience and said that the nation is well-equipped to absorb external shocks, amid ongoing external trade tensions.“Our capacity to absorb shocks is strong, while our economic leverage is evolving. Our choices will determine whether resilience becomes a foundation for leadership or merely a buffer…
