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Market watch: Asian stocks mixed; oil slips ahead of Trump-Putin talks on Ukraine

Asian stock markets showed a mixed performance on Friday, with strong Japanese growth figures offset by weaker Chinese data, while oil prices slipped ahead of a high-stakes US-Russia summit on Ukraine.As per news agency AFP, Japan’s economy expanded by 0.3% in the April-June quarter, surpassing forecasts, while the previous quarter’s output was revised upwards, helping…

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‘We must achieve energy independence’: PM Modi unveils major push for nuclear, offshore oil; aims to cut imports

Prime Minister Narendra Modi on Friday outlined an ambitious roadmap to drastically cut India’s reliance on imported oil and gas, announcing rapid expansion in nuclear power, deep-sea oil exploration, and other clean energy initiatives. Speaking from the ramparts of the Red Fort on the country’s 79th Independence Day, he said energy self-reliance is critical for…

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Japan-economy: Q2 expansion outpaces estimates; output avoids recession

Japan recorded modest economic growth in the April–June quarter, overcoming the pressure of steep US tariffs, official figures showed on Friday. Preliminary data from the Cabinet Office indicated that gross domestic product (GDP) grew 0.3% from the previous quarter, outpacing market expectations of 0.1%. The January–March reading was also revised up to 0.1% growth from…

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US tariffs on Indian goods: Govt plans four-pillar strategy to boost exports; here’s all you need to know

NEW DELHI: Government is rolling out a four-pronged strategy to boost India’s exports, focusing on fast-tracking trade pact negotiations, improving ease of doing business, enhancing export competitiveness, and diversifying both exports and imports, a top official said on Thursday.The move comes in response to steep new US tariffs on Indian goods, which have triggered concerns…

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This Independence -Day, brands go vocal for local

MUMBAI: From celebrating India’s rich cultural heritage and craftsmanship to being vocal for local, Independence Day campaigns crafted by companies this year are going all out to showcase the country’s potential. As India marks its 79th year of independence amid tariff turbulence, which risks derailing the country’s short-term growth trajectory, the show of Indian might…

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