NEW DELHI: India’s GDP growth for the January-March quarter of FY25 may have surprised on the upside, but a new report warns that the robust headline figure masks an economy still struggling under the surface.Systematix Research, in a sharp critique, said the 4QFY25 growth “continues to be dependent on public spending-led construction,” while key indicators…
Entry-level white-collar positions are likely to be the most affected by Artificial Intelligence (AI) implementation, according to a recent report by Jefferies. The findings highlight growing employment concerns for new workforce entrants in the United States, particularly recent university graduates.Currently, the unemployment rate for recent US university graduates stands at 5.8 per cent- well above…
NEW DELHI: The 2000-rupee notes worth Rs 6,181 crore still remain in circulation after two years of withdrawal, official Reserve Bank of India data released on Monday said.“Thus, 98.26% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,” the central bank said.The Reserve Bank of India RBI announced…
NEW DELHI: Singapore continued to be India’s top source of foreign direct investment (FDI) for the seventh year in a row, with inflows touching $15 billion in 2024-25. Overall, overseas equity inflows rose by 13% to $50 billion during the last fiscal year.The total FDI, that included equity inflows, reinvested earnings and other capital, reached…
“Both the US and India share good relations and we will continue to work together to resolve issues,” Piyush Goyal said. (AI image) India-US trade deal: India and the United States aim to provide preferential market access to their respective businesses, with teams from both nations actively collaborating on the proposed bilateral trade agreement, according…
Asia’s factory activity declined in May, hit by weak demand from China and the ongoing impact of US tariffs, according to private surveys released Monday, signaling a slowdown in the region’s economy.Manufacturing operations in Japan and South Korea experienced ongoing decline during May, while concerns about US President Donald Trump‘s automobile tariffs cast uncertainty over…
Geo-political tensions are once again on the rise and comments from Trump administration on EU and China are also keeping market participants on edge. (AI image) Gold price prediction today: Investors face uncertainty regarding their gold investment decisions due to multiple factors affecting market sentiment. The ongoing geopolitical conflicts, coupled with evolving US-China trade negotiations,…
Mumbai: RBI is expected to cut the its benchmark rate by 25 basis points for the third successive time and continue with its supportive liquidity stance when the monetary policy committee concludes its three-day meeting on June 6. Economists say slowing growth and contained inflation leave room for further easing in monetary policy.India’s GDP growth…
Xi Jinping, US President Donald Trump China “firmly rejected” the US’s “bogus charges and unreasonably” allegations of violating an agreement to reduce substantial trade tariffs between the two economic powerhouses.Following discussions between senior officials in Geneva last month, both nations had agreed to a 90-day temporary reduction in their significantly high tariffs.However, US commerce secretary…
Campbell Wilson, Air India Tata Motors shed its “taxi” image after the acquisition of UK’s JLR when it started to churn out world class cars. Vistara’s merger into Air India could prove to be a similar moment for Air India as the Maharaja has crossed more than half way of the transition to become a…