Around the crack of dawn, a line begins forming at a strip mall in Hyattsville, Maryland, as residents ranging from students to delivery workers and federal contractors wait to sign up for food assistance.“Right now, it’s a lot — paying rent, buying food,” said Shirleyann Desormeaux, a chef supporting four children in her household.Even with…
MUMBAI: Optimism in India up 7% on stable governance, policy continuity, and easing pressure from key economic indicators. according to the latest What Worries the World survey by Ipsos.About 69% of Indians now say the country is headed in the right direction, up 7 percentage points in a month, placing India second globally alongside Malaysia…
India-US trade deal (AI image) Has India managed to secure the ‘father of all deals’ with the US? American President Donald Trump and Prime Minister Narendra Modi took everyone by surprise this week when they announced that the tariff rate on Indian goods to the US will be reduced to 18%. While a trade deal…
Budget 2026-27 emphasised infrastructure growth, manufacturing boosts, fiscal prudence, and tax simplifications. Union Budget 2026-27, presented by finance minister Nirmala Sitharaman on Sunday, emphasised infrastructure growth, manufacturing boosts, fiscal prudence, and tax simplifications amid strong economic momentum. Key priorities include elevating capital expenditure while targeting a fiscal deficit reduction. Union Budget 2026: Odisha, Kerala, Andhra,…
NEW DELHI: Congress leader and leader of opposition in Lok Sabha Rahul Gandhi on Friday renewed his “dead economy” attack on the Prime Minister Narendra Modi, citing the impact of steep US tariffs on India’s textile sector. He held him accountable, alleging official inaction amid job losses and growing uncertainty for exporters.“50% US tariffs and…
Strong consumer spending lifted the US economy to its fastest growth rate in two years in the July–September quarter, even as job creation remained subdued and concerns over the cost of living persisted.America’s gross domestic product expanded at an annual rate of 4.4% in the third quarter, a slight upward revision from the earlier estimate…
The former deputy managing director of IMF Gita Gopinath flagged that pollution poses a bigger threat to India’s economic growth than global trade tariffs and must be tackled as a top national priority, during a discussion on the Indian economy at the World Economic Forum in Davos.Gopinath said debates on business development often focus on…
MUMBAI: RBI has said that the first advance estimates of real GDP growth for 2025-26 reflected the resilience of the Indian economy, driven by domestic factors amid a challenging external environment, adding that high-frequency indicators for December pointed to continued buoyancy in growth impulses with demand conditions remaining upbeat.In its State of the Economy article…
US President Donald Trump on Wednesday addressed the World Economic Forum (WEF) at Davos in Switzerland, pitching the American growth story and calling it a miracle. Praising his administration, Trump spoke of how he believes the US has gone from being a ‘dead economy’ to the ‘hottest’ in the world in a year.“Today, after 12…
As global tariff uncertainty reshapes trade flows, leaders from the recycling industry have urged policymakers to prioritise open markets and ease cross-border movement of scrap and reusable materials in the Union Budget 2026, arguing that unrestricted trade is critical to building a resilient circular economy.Speaking at the International Material Recycling Conference (IMRC) 2026 here, industry…