Tag: Economy

Rupee Falls Below 88 per Dollar for the First Time, Down 57 Paise in a Day

The Indian rupee slipped sharply on Friday, falling below the 88-mark against the US dollar for the first…

Canada GDP shrinks 1.6% in Q2, first decline in 7 quarters as US tariffs hit exports hard

Canada’s economy got smaller in the second quarter of 2025, shrinking at an annual pace of 1.6%. This…

CLSA: India’s real gain from Russian oil just $2.5B a year, far lower than media estimates

India has saved around $2.5 billion per year by buying discounted crude oil from Russia since the Ukraine…

ASI 2023-24: India’s industries add 5.9% more jobs, total employment touches 1.9 crore

A new survey shows that jobs in industries across India increased by 5.9% in 2023-24, reaching 1.9 crore…

Trump hits India with 50% tariff on exports, MSMEs brace for job cuts and trade losses

The United States, under President Donald Trump, has announced a 50% tariff on most goods imported from India.…

Gold Price Outlook Aug 22: Analysts see buy on dips above ₹99,000 with targets near ₹1,00,500

Gold prices on MCX are currently trading around ₹99,300, showing stability after recent declines. Market experts suggest that…

Walmart Q2 Sales Surge 4.6% as E-Commerce Booms; Target Struggles Amid Tariff Pressures

Walmart posted strong results for the second quarter, proving its strength even in tough economic times and tariff…

Stock market today: Sensex hits 82,000 milestone, Nifty trades near 25,100; experts stay bullish

The Indian stock market started strong on Thursday, with both Nifty50 and BSE Sensex opening in green. Nifty50…

GST 2.0 may boost spending by ₹1.98 lakh cr, but govt risks ₹85k cr annual revenue loss: SBI

The government is planning big changes to the Goods and Services Tax (GST). According to a new report…

Trump Says Russia Lost India as Oil Client After 50% Tariffs; Warns of Sanctions on China

US President Donald Trump has said that Russia has lost India as a major oil customer because of…

US 30-Year Mortgage Rate Falls to 6.58%, Lowest in 10 Months, Boosting Homebuyers’ Hopes

The average interest rate on a 30-year mortgage in the US has fallen to 6.58%, the lowest it…

Retail Inflation Falls to 8-Year Low of 1.6% in July, Food Prices See Sharp Decline

Retail inflation in India has fallen to its lowest level in eight years, reaching 1.6% in July 2025,…