IMF’s Gopinath urges US to curb fiscal deficit, FT reports
WASHINGTON : International Monetary Fund First Deputy Managing Director Gita Gopinath said U.S. fiscal deficits are too large and the country needs to tackle its “ever-increasing” debt burden, according to an interview published by
India better placed than peers to weather US tariffs: Moody’s Ratings
NEW DELHI : India is better positioned than many other emerging markets to deal with US Tariffs and global trade disruptions due to robust internal growth drivers, a sizable domestic economy, and a low
Interim trade deal with US likely by July 8; India for full exemption from 26% additional tariff
NEW DELHI : India and the US may announce an interim trade agreement before July 8, with New Delhi seeking full exemption from the additional 26 per cent tariff on domestic goods, an official said. The US on
US importers race to create bonded warehouses amid Trump tariffs
WASHINGTON D.C. : Companies importing goods into the United States from China are rushing to convert warehouses into facilities that are exempt from President Donald Trump’s tariffs until they are ready to sell the
India’s manufacturing opportunity amid global trade uncertainty : S&P Global
NEW DELHI : India remains the world’s fastest-growing large economy despite a slowdown in real GDP growth in fiscal 2024-25. It has moderate dependence on external trade for growth, which cushions it somewhat from
Uber to launch B2B Logistics Service in India
NEW DELHI : Uber reportedly plans to launch a B2B logistics service in India. The company will do so “soon” in partnership with an Indian government-backed nonprofit, the Open Network for Digital Commerce (ONDC),
Seafood exports in India surge despite global uncertainties
NEW DELHI : India’s seafood exports have recorded a robust growth of 17.81 per cent in April this year to $0.58 billion as the country continues to play a key role of the fourth
AP targets big returns from Shipyards and Ports
AMRAVATI : For Andhra Pradesh, the buzzword for faster economic growth is, of late, port-led development, going by the string of investments in developing port and coastal infrastructure. The State, which has been in