Creative Bharat
US president Donald Trump (AP) US president Donald Trump’s sweeping tariff hikes on imports could shrink the US deficit by $4 trillion over the next decade, the Congressional budget office (CBO) said on Friday.According to CBO, Congress’ nonpartisan analyst, higher tariff revenue would reduce primary deficits by $3.3 trillion and trim federal interest payments by […]
China has designated an additional 7 million tonnes of urea for export purposes, further relaxing restrictions on fertiliser shipments. (AI image) India and China are sorting their trade related issues at a time when US President Donald Trump’s tariffs are disrupting the world economy. In recent months, whilst China had suspended urea and other fertiliser […]
Widespread adoption of Artificial Intelligence (AI) by US corporates could help offset the financial impact of tariffs, HSBC said in a new report, highlighting how technology is driving efficiency and reshaping business operations.The report analysed 44 S&P 500 companies and found that firms achieved median cost reductions of 1.5 per cent, alongside average productivity gains […]
Indian seafood exporters start exploring newer geographies such as Vietnam, China and Middle East besides looking at the domestic market as uncertainty over tariffs forces them to look beyond their single largest market – the US. Shaji Baby John, chairman and managing director of Kings Infra Ventures, an integrated aquaculture firm, said that new markets […]
Walmart Inc. delivered robust second-quarter results on Thursday, showing its ability to attract shoppers and outperform rivals such as Target despite economic uncertainty and ongoing tariff pressures. The Bentonville, Arkansas-based retailer reported a 4.6% increase in comparable sales for the quarter, driven by established stores and online channels, while raising its annual sales and profit […]
MUMBAI: Indian companies are considering cross-border acquisitions, establishing manufacturing facilities in low-tariff nations like the UAE and Mexico, and ramping up investments in the US to navigate America’s new business barriers.While they have been on the prowl for overseas acquisitions, the new US tariffs would accelerate their efforts, particularly for those affected by such duties.“The […]
The Indian economy presents a picture of strength, stability and opportunity, Reserve Bank Governor Sanjay Malhotra said at the Monetary Policy Committee (MPC) meeting earlier this month, while cautioning that monetary policy must remain vigilant amid evolving uncertainties around US tariffs.The Reserve Bank of India on Wednesday released the minutes of the MPC meeting held […]
All six members of the RBI’s Monetary Policy Committee (MPC) preferred to step back, assess the impact of their earlier repo rate cut decisions amid benign inflation and challenges to growth posed by the trade policy uncertainties, per the minutes of the MPC’s latest meeting. Even as the members voted unanimously to keep the repo rate […]
MUMBAI: The rupee recorded its biggest daily gain in a month, regaining the 86 level, with the domestic unit firming up 40 paise to close at 86.95 on Tuesday, up from 87.35 on Monday.The rally came on optimism that the U.S. may ease its stance on additional 25% tariffs after talks between Donald Trump, Vladimir […]
India’s three private telcos in their latest earnings calls, have talked about data consumption’s role in ARPU numbers | Photo Credit: SIVAKUMAR PV India’s telecom sector is entering a new phase of growth, with operators encouraging users to move towards premium data plans to boost average revenue per user (ARPU). With the impact of recent […]
