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'Trumps Tariffs, Crackdown On Immigration To Hold Back US Growth': Economist
Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B visa fee hike imposed by the Trump administration will hold back the US economic growth.
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Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
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High-Skilled Migrants 'Key' For US Growth Warns Top Economist
High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry.
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How Trump's $100,000 H-1B Visa Fee Could Impact US Economy More Than India
US President Donald Trump shook thousands of American dreams this weekend with an abrupt decision to slap a $100,000 fee on skilled worker permits - the H-1B visas.
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Fed's Beige Book Shows "Little Or No Change" In Growth Across Most Of US
US economic activity saw "little or no change" across most of the country in recent weeks, the Federal Reserve said in its Beige Book survey of regional business contacts.
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US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
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"7.8% Growth Despite Challenges Driven By Economic Self-Interest": PM Modi's Dig At Tariffs
PM Narendra Modi on Tuesday said India's GDP grew by 7.8 per cent in the first quarter of this financial year despite "challenges driven by economic self-interest", in an apparent reference to tariffs imposed on Indian goods by Donald Trump.
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"Economy To Sustain High Growth Momentum In Coming Quarters": Top Economist
Chief Economic Adviser (CEA) V Anantha Nageswaran on Saturday said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high US tariff
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Global Smartphone Market to Grow 1 Percent in 2025, Despite Challenging Economy, Soft Demand: IDC
IDC projects global smartphone shipments to rise 1 percent in 2025 to 1.24 billion units, driven by iOS growth and replacement demand, with a 1.5 percent compound annual growth rate through 2029. Despite weak demand in China, growth in the US, the Middle East, and Africa will offset declines. Vendors are reportedly prioritising value creation with ...
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SBI Report Estimates The Impact Of Trump Tariffs On American Economy
The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the US economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).
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India Panel Cites US Tariffs As Growth Risk, Sees Mild Inflation
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign.
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"India Doing Very Well": RBI Governor On Trump's "Dead Economy" Jibe
The Indian economy is "doing very well" and contributing more to global growth than the US, Reserve Bank Governor Sanjay Malhotra said on Wednesday, days after US President Donald Trump's remark of India being a dead economy.
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RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe
The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.
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US Weaponising Economy To "Dictate Its Will" To Iran, India: Tehran
Iran on Thursday accused the United States of weaponising the economy and using sanctions as tools to "dictate its will on independent nations" such as Iran and India and impede their growth and development.
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UK's Unemployment Rate Rises To Nearly A Four-Year High
Britain's unemployment rate climbed to 4.7 percent in the three months to the end of May, the highest level since June 2021. That compared with 4.6 percent in the February-April period.
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'Trumps Tariffs, Crackdown On Immigration To Hold Back US Growth': Economist
Harvard University economist Kenneth Rogoff on Wednesday said the high tariffs on several countries, including India, and the steep H-1B visa fee hike imposed by the Trump administration will hold back the US economic growth.
-
Asian Development Bank Forecasts India's Growth At 6.5% For FY26
Despite a strong 7.8 per cent growth in the first quarter, the Indian economy is expected to grow at 6.5 per cent in the current financial year ADB said on Tuesday.
-
High-Skilled Migrants 'Key' For US Growth Warns Top Economist
High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry.
-
How Trump's $100,000 H-1B Visa Fee Could Impact US Economy More Than India
US President Donald Trump shook thousands of American dreams this weekend with an abrupt decision to slap a $100,000 fee on skilled worker permits - the H-1B visas.
-
Fed's Beige Book Shows "Little Or No Change" In Growth Across Most Of US
US economic activity saw "little or no change" across most of the country in recent weeks, the Federal Reserve said in its Beige Book survey of regional business contacts.
-
US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
-
"7.8% Growth Despite Challenges Driven By Economic Self-Interest": PM Modi's Dig At Tariffs
PM Narendra Modi on Tuesday said India's GDP grew by 7.8 per cent in the first quarter of this financial year despite "challenges driven by economic self-interest", in an apparent reference to tariffs imposed on Indian goods by Donald Trump.
-
"Economy To Sustain High Growth Momentum In Coming Quarters": Top Economist
Chief Economic Adviser (CEA) V Anantha Nageswaran on Saturday said the high growth momentum exhibited in the first quarter of the current fiscal is expected to continue in the coming quarter as well, with a downward bias emanating from high US tariff
-
Global Smartphone Market to Grow 1 Percent in 2025, Despite Challenging Economy, Soft Demand: IDC
IDC projects global smartphone shipments to rise 1 percent in 2025 to 1.24 billion units, driven by iOS growth and replacement demand, with a 1.5 percent compound annual growth rate through 2029. Despite weak demand in China, growth in the US, the Middle East, and Africa will offset declines. Vendors are reportedly prioritising value creation with ...
-
SBI Report Estimates The Impact Of Trump Tariffs On American Economy
The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the US economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).
-
India Panel Cites US Tariffs As Growth Risk, Sees Mild Inflation
India's monetary policy committee members flagged evolving risks from global trade tensions and tariffs as a key drag on growth but said the economy remains resilient with the inflation outlook benign.
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"India Doing Very Well": RBI Governor On Trump's "Dead Economy" Jibe
The Indian economy is "doing very well" and contributing more to global growth than the US, Reserve Bank Governor Sanjay Malhotra said on Wednesday, days after US President Donald Trump's remark of India being a dead economy.
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RBI Rate Unchanged, 6.5% GDP Outlook Counters Trump's "Dead Economy" Jibe
The Reserve Bank of India (RBI) has kept its repo rate unchanged at 5.5% as the rupee remains under pressure due to US President Donald Trump's tariff threat.
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US Weaponising Economy To "Dictate Its Will" To Iran, India: Tehran
Iran on Thursday accused the United States of weaponising the economy and using sanctions as tools to "dictate its will on independent nations" such as Iran and India and impede their growth and development.
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UK's Unemployment Rate Rises To Nearly A Four-Year High
Britain's unemployment rate climbed to 4.7 percent in the three months to the end of May, the highest level since June 2021. That compared with 4.6 percent in the February-April period.
