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Donald Trump plans new import tariffs from August 1. A study says this may hurt US manufacturers. Costs could rise by 2% to 4.5%. This may lead to wage stagnation or layoffs. Trump says tariffs will boost US manufacturing. But companies face rising costs. Some plan to pass costs to consumers. Small businesses worry about expansion.
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
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