Donald Trump vs Jerome Powell: Can US President really oust the US Federal Reserve chairman?

US President Donald Trump fired a fresh salvo against Federal Reserve chairman Jerome Powell, escalating attacks for resisting further interest rate cuts. The clash is rattling financial markets, raising a critical question: Can Trump actually fire Powell?The answer is murky—and the implications could be huge.Under the Federal Reserve Act of 1913, members of the Fed’s […]

Donald Trump tariffs to hit global economy hard! IMF cuts India’s GDP growth forecast to 6.2% for 2025; says it’s relatively more stable

For India, the growth outlook is relatively more stable at 6.2 percent in 2025, said IMF. (AI image) India’s GDP growth outlook for 2025 has been revised downwards to 6.2% by the International Monetary Fund (IMF) in its World Economic Outlook report for April 2025. In its January world growth outlook report, the IMF had […]

‘Mickey Mouse is smarter’: Economist Jeffrey Sachs mocks Donald Trump over tariff policy

Renowned economist Jeffrey Sachs launched a scathing attack on Donald Trump’s tariff strategy, calling the US president’s trade policies so “delusional” that even Mickey Mouse would know better.Not mincing any words, Sachs delivered a harsh critique of Donald Trump’s trade policies, declaring that Trump’s understanding of trade is so fundamentally flawed that “he wouldn’t pass […]