Thousands of US businesses scored a major victory after the US Supreme Court struck down emergency tariffs imposed by President Donald Trump. However, while companies welcomed the decision, the process of getting refunds worth billions of dollars is expected to be slow and complex.In a landmark ruling with global economic implications, the court said Trump…
US stocks traded with modest gains in tentative trading on Friday after the Supreme Court struck down President Donald Trump’s sweeping tariffs, a move that had previously contributed to market volatility, AP reported. The Dow Jones Industrial Average rose 128 points, or 0.3 per cent. The S&P 500 gained 0.4 per cent, while the Nasdaq…
US economic growth cooled more than expected in the final months of 2025, official estimates showed on Friday, marking a slower end to the first year of Donald Trump’s return to the presidency.The world’s largest economy expanded at an annualised rate of 1.4 per cent in the October–December quarter, the US Department of Commerce said,…
Foreign exchange reserves climbed sharply to a new record level in the week ended February 13, rising by $8.663 billion to $725.727 billion, the Reserve Bank of India (RBI) said on Friday, PTI reported.The latest increase follows a decline of $6.711 billion in the previous reporting week, when the reserves had slipped to $717.064 billion….
IMF MD Kristalina Georgieva IMF managing director Kristalina Georgieva said that artificial intelligence can fulfil India’s ambition of Viksit Bharat while boosting global growth by 0.8%.Speaking at the AI Impact Summit, Georgieva cited research by the International Monetary Fund and said that AI could accelerate growth significantly across the world. ‘Crucial Role For India In…
India is set to operationalise its recently signed trade deals with the United States, the United Kingdom, and other countries soon. Earlier this month, India and the US announced that they had reached an interim trade deal, scheduled for formalisation in March. Union commerce and industry minister Piyush Goyal said on Friday that the deal…
Tariff payments by midsize US businesses grew three times over the past year, according to new research released Thursday by JPMorganChase Institute. One of the US’ leading banks, it added that this shows signs of economic strain linked to President Donald Trump’s tariff policies.The JPMorgan study, cited by the Associated Press, indicates that companies employing…
Gold has moved below the mid-Bollinger band, confirming downside pressure. (AI image) Gold price prediction today: Gold prices are facing resistance at higher levels, and the short-term structure is showing weakness, says Jateen Trivedi, VP Research Analyst – Commodity and Currency, LKP Securities.Gold futures on MCX are trading near ₹1,54,700 after failing to sustain the…
Labour and employement ministry has detailed a compliance checklist for employers in order to tighten accountability and minimise legal disputes. The ministry has listed almost two dozen requirements under the four labour codes: the Code on Wages, the Code on Social Security, the Industrial Relations Code and the Occupational Safety, Health and Working Conditions Code….
India likely to join US-led Pax Silica alliance (IANS) NEW DELHI: India is likely to formally join the US-led Pax Silica strategic alliance on Friday, amid efforts by New Delhi and Washington to finalise a proposed trade deal and advance other initiatives to strengthen ties.Pax Silica is an initiative aimed at building a secure, resilient…
