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In an interview with ANI, he noted that India, ever since the COVID-19 pandemic, has witnessed consistent growth at 7 per cent plus. He predicted that India will have 8 per cent growth in the fourth quarter and called it «good» growth considering the current global economic situation. Asked where India stands amid the current global economy, he responded, «I think India will continue to be the driver for global growth in the foreseeable future. The maximum sort of contributor to global growth. I expect growth in India to be consistently above 7 per cent in this decade. You would recall back in September 2021, when I was with the government as well. I predicted that India will emerge out of COVID with 7 per cent plus growth. So I continue to maintain that assessment.»

Canada will raise capital gains taxes on businesses and wealthy individuals to help pay for tens of billions in new spending aimed at making housing more affordable and improving the lives of young people.

Federal Reserve chair Jerome Powell signaled policymakers will wait longer than previously anticipated to cut interest rates following a series of surprisingly high inflation readings.

Federal Reserve Chair Jerome Powell said Tuesday that the U.S. economy, while otherwise strong, has not seen inflation come back to the central bank's goal, pointing to the further unlikelihood that interest rate cuts are in the offing anytime soon.

SlateStone Wealth chief market strategist Kenny Polcari says the data should not be a surprise to anyone on 'Maria Bartiromo's Wall Street.'

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high crude oil prices threatens to widen the trade deficit in the current fiscal. According to a research report by ICICI Bank, if crude oil prices remain in $80-90/barrel range, trade deficit should be $266 billion for FY25. It could go up to $276 billion if oil prices move up by another $10 per barrel.

America’s biggest banks reported stronger-than-expected earnings in the first quarter, highlighting how a resilient economy is helping power everything from Main Street to Wall Street. JPMorgan Chase, Bank of America, Citigroup, Wells Fargo, Goldman Sachs and Morgan Stanley all reported revenue and earnings that beat or met analysts’ expectations. Consumer spending remained robust.

Treasury Secretary Janet Yellen is warning of potential global “economic spillovers” from rising tensions in the Middle East

'Kudlow' panelists Steve Moore, Kevin Hassett and Steve Forbes react to the president's planned sweeping tax hikes.

The International Monetary Fund has upgraded its outlook for the global economy, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth

Ibotta, the digital marketing company backed by Walmart, said on Tuesday it was looking to raise about $551 million in an upsized initial public offering in the United States. The company and some of its existing shareholders plan to sell a combined 6.56 million shares, nearly one million more than its previous offering after some selling investors decided to offer more stock.

The benchmark index for emerging-market equities erased its 2024 advance and the gauge for currencies posted a new low for the year amid signals that global monetary easing will be delayed and China’s economic recovery remains weak.

Rahul Singh, CIO-Equities, Tata Mutual Fund, says: “So far, we are not seeing any green shoots of recovery in the FMCG space. My own sense is that if the urban economy continues to outpace rural economy, because there are a lot of interlinkages in the way the economies work, sooner or later the rural economy will recover but not necessarily due to agricultural income or monsoons, but purely because of the amount of capex and construction activity which we are undergoing and which is likely to continue post elections.” The main point which is in the mind of the market right now and that there will be either delayed cuts in the US or even Chetan Ahya of Morgan Stanley this morning has put out a note saying no rate cuts this year in India. So, the whole narrative around some rate cut in the second half of this year, seems to have been challenged and as a result, yields have rallied. What is your own hypothesis? Rahul Singh: There are two factors at work in the market. One obviously is the rate cut and whether that gets delayed and by how much and whether we have a rate cut this year or not – those discussions have started again and this is not the first time that there is a flip-flop in terms of the consensus view on the rate cuts, so I am not entirely surprised.

Shares have skidded in Europe and Asia following a slump on Wall Street after a report showed American shoppers spent more at retailers last month than expected

President Joe Biden will begin three straight days of campaigning in Pennsylvania in his childhood hometown of Scranton

China’s economy beat expectations in the first quarter of the year with help from policies and stronger demand

Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks

Tax Day reveals a major split in how Joe Biden and Donald Trump would govern: The presidential candidates have conflicting ideas about how much to reveal about their own finances and the best ways to boost the economy through tax policy

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KKR vs RR IPL 2024: Kolkata Knight Riders (KKR), at number two on the points table, will take on table-toppers Rajasthan Royals (RR) on April 16. Ahead of the 31st IPL match of the season, let’s look at the top-performing players of both teams. In terms of batting, RR have several players who have been performing well in the tournament thus far.