China is set to increase imports of US coal in the coming years, as Beijing and Washington look to ease tensions over trade. The move could give US coal producers…
Category: Economy
Shaktikanta Das flags eastward shift in global economy, urges Global South to seize opportunities
The global economy is increasingly shifting towards the East, creating new opportunities for developing nations, Shaktikanta Das, Principal Secretary-2 to the Prime Minister, said on Tuesday. He urged countries in…
Jamie Dimon wants fewer trade barriers with Europe. But there’s a catch
JPMorgan Chase chief Jamie Dimon wants fewer trade barriers between the US and Europe, but his proposal comes with a catch: the European Union would first need to overhaul its…
RBI rate hikes: Nomura predicts only 50 bps against market’s 125 bps bet, anticipating moderation in inflation pressures
MUMBAI: Nomura expects the Reserve Bank of India’s Monetary Policy Committee to deliver only two 25-basis-point rate hikes in the current cycle, taking a markedly different view from market pricing…
RBI drains $20 billion liquidity via FX operations: What it means for rupee, rates
By Nimesh Vora MUMBAI, Sept 29 (Reuters) – The Reserve Bank of India’s operations have soaked up an estimated $20 billion of excess rupee liquidity, two bankers said, with dollar-rupee…
Trade agreement can contribute to ‘better’ India-US ties, says Jaishankar as Piyush Goyal set to hold talks
New York, Sep 29 (PTI) A trade agreement between India and the US, if concluded, would contribute to “better” bilateral ties, External Affairs Minister S said, noting that expectations of…
India’s import of Russian crude to hinder Piyush Goyal’s US trade talks? Here’s what we know
Commerce Minister on Tuesday departed for a seven-day visit to the United States, where he is expected to meet his US counterpart as both sides work towards finalising an interim…
India’s private investment declines even as project announcements more than double, despite record corporate profits
New Delhi: Private investment as a share of India’s GDP declined to 10.3% in FY25 from 10.9% in FY23 despite record corporate profits, tax cuts, production-linked incentive schemes and higher…