US to lose billions? Weakening travel demand could cost economy, warn analysts

AI-generated representative image Declining travel demand, evidenced by disappointing earnings projections from major travel companies, could lead to significant economic losses for the US this year. Analysts point to the impact of the Trump administration’s trade policies on consumer confidence, as reported by Reuters.JP Morgan claimed in a recent note that rising anti-American sentiment may […]

JSW Steel likely to face challenges in meeting expansion target after SC order on BPSL: Analysts

Sajjan Jindal-led JSW Steel may face challenges in meeting its expansion target and maintaining revenue guidance after the Supreme Court judgement that rejected its resolution plan for Bhushan Steel and Power Ltd (BPSL), say analysts.The company may also see a production cut of around 10 per cent besides rejig in capital expenditure plans in view […]

Trump tariff effect: US GDP expected to show sharp decline, analysts warn of possible recession

First-quarter US GDP figures to be released on Wednesday are expected to reveal a sharp slowdown — and possibly signal a recession — due to a spike in imports rushed in before president Donald Trump’s broad tariffs took effect. Since returning to office on January 20, president Trump announced several rounds of tariffs and a […]

US-China tariff war, earnings to drive mkts, say analysts

NEW DELHI: Stock markets will be driven by further developments on the US-China tariff war front along with quarterly earnings announcements from IT majors Wipro and Infosys in a holiday-shortened week, analysts said. Global market trends and trading activity of foreign investors would also dictate market movement this week, experts noted.Equity markets would remain closed […]

IT industry faces sluggish growth: Analysts

BENGALURU: The IT sector is trudging in the slow lane, operating at a lacklustre pace. Industry analysts forecast a slower pace of recovery with moderate growth for a longer period, even as the IT sector faces potential challenges stemming from the macro-economic environment and technology transition, increasing risks to revenue growth. This presents a case […]