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The head of the International Monetary Fund is urging China to confront its economic imbalances, cautioning that an economy of its size can no longer rely on exports as its main growth engine.Although China’s shipments to the US have weakened amid steep tariffs introduced under President Donald Trump, its overall exports to global markets have…
India’s mutual fund assets under management (AUM) are projected to exceed Rs 300 lakh crore by 2035, while direct equity holdings are expected to reach Rs 250 lakh crore, signaling a major shift in the country’s investment landscape, according to the How India Invests 2025 report by Bain & Company in partnership with Groww.Mutual fund…
AI generated representative image In the early 2000s, American factory towns began to empty out. In North Carolina, furniture makers who had worked three generations watched their mills close. Across the industrial centres– from Jakarta to Ohio, a quiet devastation spread—not from war or natural disaster, but from an economic force few had anticipated.In the…
MUMBAI: The Reserve Bank of India’s Monetary Policy Committee cut the policy repo rate by 25 basis points to 5.25%, down from 5.50% in the October 1 policy review, while retaining a neutral stance. The RBI also hiked FY26 GDP forecast to 7.3% from 6.8% earlier and lowered inflation forecast to 2%.RBI governor Sanjay Malhotra…
TOI Correspondent from Washington: In a move that deepens the environmental divide between the United States and much of the world—particularly fast-growing green economies such as China and India—US President Donald Trump on Wednesday announced a sweeping rollback of American fuel-economy standards. The decision, experts say, effectively shifts a significant portion of the global decarbonisation…
NEW DELHI: India’s green economy could attract $4.1 trillion (Rs 360 lakh crore) in cumulative investments and create 48 million (4.8 crore) ‘full-time equivalent’ (FTE) jobs by 2047, an independent study released by the Council on Energy, Environment and Water (CEEW) said.The analysis also projects that India could unlock a $1.1 trillion (Rs 97.7 lakh…
MUMBAI: The second-quarter GDP growth, at a six-quarter high of 8.2%, has shifted expectations ahead of the RBI’s Dec 5 monetary policy committee meeting. Ordinarily, such a sharp upside surprise would suggest overheating and trigger caution from the central bank. Economists say the picture is more nuanced, and rate-cut expectations remain in play. The rise…
NEW DELHI: The Indian economy is expected to grow at 7% or higher during the current financial year and top the $4 trillion-mark, chief economic adviser V Anantha Nageswaran said on Friday.The growth estimates are higher than the 6.3-6.8% projected in the Economic Survey tabled in Parliament ahead of the Budget.“The first half of the…
India’s GDP growth has consistently surprised on the upside in the last few quarters. (AI image) India’s GDP has grown at a robust 8.2% in the second quarter of the financial year – a number that beats all estimates by economists and even the RBI. The six-quarter high real GDP growth is expected to push…
Mike Carney (AP file photo) Prime Minister Mark Carney of Canada is counting on the country’s energy sector to help the Canadian economy weather uncertainty from the US President Donald Trump’s tariffs. Carney signed an agreement with Alberta’s premier that rolls back certain climate rules to spur investment in energy production, while encouraging construction of…
