Creative Bharat
The trade tensions between the United States and China have flared up once again, after a brief phase of calm, exposing how deep the divide and mistrust between the two giant economies still run.What began as a simmering disagreement over rare earth exports has now escalated into a full-blown confrontation, with both Washington and Beijing […]
The US-China trade war intensified on Sunday after Beijing accused Washington of “double standards” following President Donald Trump’s decision to impose an additional 100% tariff on Chinese goods. “The relevant US statement is a typical example of double standards,” China’s ministry of commerce said in a statement, according to Reuters.The ministry reaffirmed Beijing’s stance on […]
Cryptocurrency markets tumbled on Friday as renewed trade tensions between the US and China, coupled with a fresh export control move by Donald Trump, rattled investors worldwide. After the announcement crypto giant Bitcoin fell 8.4% to $104,782 at 17:20 ET and Ethereum followed, tumbling 5.8% to $3,637. Earlier on Monday, Bitcoin, the world’s largest crypto, […]
US President Donald Trump has thrown another punch in Washington’s long-running economic bout with Beijing, threatening to slap fresh 100% tariffs and export bans in response to China’s tightening grip on rare earth minerals. The uneasy truce between the world’s two biggest economies came after months of uneasy calm, sending shockwaves through global markets and […]
(AI image generated using ChatGPT) International Monetary Fund (IMF) Managing Director Kristalina Georgieva has hailed India as a “key growth engine” of the global economy. Her remarks come as the global economy is battling trade tariffs imposed by US President Donald Trump on April 2. “Global growth patterns have been changing over the years, notably […]
The prevailing uncertainty over the US tariffs on Brazilian coffee has started worrying Indian exporters. They fear that Brazil, which has started looking for alternative markets, will divert its coffee meant for US to the European markets, which is the major destination for Indian exports. Brazil, the largest producer of coffees, is the largest exporter […]
Tariff action by the US is an opportunity to India to open trade agreements with other nations/blocks, said Franziska Ohnsorge, World Bank Chief Economist for South Asia. In an interview to businessline, she highlighted the importance of AI in the job market, saying that labour with AI skill in South Asia commands 30 per cent […]
The Trump administration is reportedly planning to unveil a financial aid package to support American farmers who are hit hard by China’s boycott of US soybean.The package could cost more than $10 billion, though discussions involving both treasury and agriculture departments are still in the early stages, according to a source cited by CBS. Top […]
India’s trade position risks losing ground in global markets without increased exports to China and reduced import duties on raw materials, warned the head of a government policy think tank on MondayNITI Aayog CEO BVR. Subrahmanyam emphasised that strengthening trade relations with China is crucial for enhancing India’s manufacturing exports, particularly as Asia emerges as […]
Crisil also cautioned that pushing rapid credit growth to MSMEs could raise future asset-quality risks Gross non-performing assets for the banking system’s micro, small and medium enterprises portfolio are likely to rise moderately to about 3.9 per cent by FY26-end, a domestic rating agency said on Monday. The rise in the dud assets will be […]
