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Global stock markets showed mixed performance amid US-China trade talks. European markets like France and Germany saw gains. Asian markets, including Japan and Hong Kong, experienced declines. Investors are awaiting the US Federal Reserve's policy decision. Corporate earnings reports are also anticipated. Crude oil prices increased, while the US dollar weakened slightly against the yen.
President Trump indicated a potential 20-25% tariff on Indian goods, slightly less than the previously announced 26%, amidst ongoing trade negotiations. He stated India's high tariffs prompted the consideration, despite acknowledging th ...more
Tata Consultancy Services (TCS) faces employee anxieties as a new bench policy raises fears of layoffs exceeding the announced 12,000. The policy, limiting bench time to 35 days, may disproportionately impact senior staff struggling to ...more
The US may impose a 20-25% tariff on India, as stated by Trump. Trade talks between the two countries are ongoing, following a Reuters report on US tariffs.
The IMF has revised India's economic growth forecast upward to 6.4% for both 2025 and 2026, reaffirming its position as the world's fastest-growing major economy. Globally, growth is projected at 3.0% and 3.1% for the same years, driven ...more
US President Donald Trump has announced that a trade agreement with India has not been finalized, despite previous indications that a deal was nearing completion. Trump's remarks come just two days before the August 1, 2025, reciprocal ...more
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