“So, hostilities would still continue in a frozen state; the war would not be officially concluded, but things would be paused. The Ukrainians might not like that, but if the Americans and Russians agree to it, I don’t know how much they can do. I feel that is a less likely scenario,” says Mark Matthews, … Read more
Indian equity indices ended the week on a weak note, reacting to a combination of global uncertainties and sustained foreign fund outflows. The Nifty 50 slipped below the crucial 24,400 mark, closing at 24,363.30, down 232.85 points or 0.95%, while the Sensex declined 765.47 points or 0.95% to settle at 79,857.79. Concerns over elevated global … Read more
From firing people to promoting jeans, calling for peace deals or the renaming of a sports team, President Donald Trump keeps a lot on his proverbial to-do list. Much of it is unrelated to running the country. More than six months into his second term as U.S. commander-in-chief, Trump, a former New York businessman and … Read more
President Donald Trump began levying higher import taxes on dozens of countries Thursday, just as the economic fallout of his monthslong tariff threats has begun to create visible damage for the U.S. economy. Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of 10% or higher. … Read more
US President Donald Trump Wednesday signed an executive order imposing an additional 25% tariff on India for its imports from Russia. A look at all his announcements related to tariffs on various countries: Aug 6- U.S. President Donald Trump’s tariff decisions since he took office on January 20 have shocked financial markets and sent a … Read more
Trump says Witkoff made great progress in talks with Putin on ending Ukraine war Source link
“China imports as much oil from Russia as India does, but India doesn’t have a similar trump card—no pun intended—that it can use against Trump. Right now, it’s about Witkoff heading to Moscow tomorrow, and Putin offering some kind of olive branch by saying he won’t launch air attacks in exchange for avoiding tariffs. How … Read more
Just hours after slapping 25% tariffs on India, U.S. President Donald Trump announced a new energy deal with Pakistan on Wednesday, framing it as a joint project to tap what he called the country’s “massive oil reserves.” Trump’s remarks, shared on Truth Social, included a surprising hint: that Pakistan might one day sell oil to … Read more
US President Donald Trump has criticised American tech companies for building factories in China and hiring workers in India, warning that under his presidency, “those days are over”. Trump made the remarks on Wednesday at the AI Summit where he signed three executive orders related to Artificial Intelligence, including a White House action plan to … Read more
Joseph Lavorgna, counselor to Treasury Secretary Scott Bessent, believes tariffs are not inflationary and says economists who have been predicting that prices would rise due to President Donald Trump‘s import duties are wrong. Where many such economists saw effects of tariffs in consumer price inflation data last week, Lavorgna was not persuaded. Economists had been … Read more