US records record trade deficit of $140.5 billion in March, preceding Trump tariffs

The United States recorded its highest trade deficit in March, with the total shortfall expanding by 14.0 percent to $140.5 billion, according to the latest government data released on Tuesday. This marks the largest trade deficit since 1992, reflecting a $17.3 billion increase from February’s revised figure of $123.2 billion. The Commerce Department’s report highlights […]

US job openings drop to 7.2 million in March amid tariff-driven uncertainty

AI-generated image (Credit: Bing image creator) Job openings in the United States declined in March, reflecting growing economic uncertainty tied to President Trump’s trade policies. Trump had announced implementation of import tariffs in march to be effective from April but just days later, announced a 90-day pause on all countries except China. According to Tuesday’s […]

India’s industrial output grows 3% in March, FY 2024-25 growth at 4%, lowest in four years

India’s industrial output grew by 3 per cent in March 2025, a slight improvement from 2.7 per cent in February but down from 5.5 per cent in March 2024. This slowdown was primarily due to weaker performances in the manufacturing, mining, and power sectors.The government also revised February’s growth estimate to 2.7 per cent, down […]

Economy

India’s factory output grew by 3% in March

“The growth rates of the three sectors, Mining, Manufacturing and Electricity for the month of March 2025 are 0.4 percent, 3.0 percent and 6.3 percent respectively | Photo Credit: AMIT DAVE Factory out based on Index of Industrial Production (IIP) grew by 3 per cent in March, government reported on Monday. This is tad higher […]

Economy

India’s Industrial production growth likely to grow 4.3% in March: Union Bank Report

India’s IIP likely grew 4.3% in March 2025, driven by manufacturing and mining, but global uncertainties pose risks. | Photo Credit: iStockphoto India’s Index of Industrial Production (IIP) likely grew 4.3 per cent year-on-year (y-o-y) in March 2025, improving from 2.9 per cent in February, according to a report by Union Bank of India. . […]