Economy Financial News

30.03 / 20:17
markets COST Provident economy Trade President reports Donald Trump’s economic moves since the start of 2025 that sent the US into financial chaos. Here’s what went wrong
economic policies under President Donald Trump have altered the US economy. Tariffs, tax changes, deregulation and shifts in spending have influenced trade, markets and public confidence. These changes have sparked discussions about their long-term effects, media reports said.
30.03 / 19:15
Airlines economy Paxful travelers Courts International Destinations AERA has accepted various principles of variable tariff plan for Delhi airport: GMR Airports
GMR Airports has said that regulator AERA has accepted various principles of variable tariff plan for the Delhi airport and that the existing aeronautical tariff has been increased around 148 per cent for the fourth control period ending March 31, 2029. The Airports Economic Regulatory Authority (AERA) has approved higher and variable user development fees for economy and business class travellers while the User Development Fee (UDF) has been left unchanged for domestic passengers. The UDF for international passengers has been hiked. The revised tariffs for the fourth control period — April 1, 2024 to March 31, 2029 — will be applicable from April 16, 2025. GMR Airports has said AERA has accepted various principles of variable tariff plan as proposed by the Delhi airport and accordingly, UDF has been split across both embarking and disembarking passengers.
30.03 / 16:35
markets economy WhatsApp trends Trade show FPIs show strong buying momentum in Indian equities in the second half of March
Indian equities in March for the third consecutive month but there was a sharp deceleration in the outflow due to strong buying in the second fortnight of the month. They invested net Rs 26,042 crore ($3,037 million) in the second half of March, a sharp contrast to the outflow of Rs 30,015 crore ($3,438 million) in the first fortnight. As a result, net outflow for the full month reduced to Rs 3,973 crore ($401.2 million). The extent of investment by foreign investors in the coming months will depend upon several factors including the tariff stance by the Trump administration and its impact on global trade, attractiveness of the Indian economy relative to the US, which is facing recessionary pressure and the valuation comfort of the domestic equities.
30.03 / 13:35
UPS Target Booking security economy social Shriram Finance aims to cross Rs 3 lakh crore in assets in FY26
Shriram Finance Ltd, the flagship company of diversified conglomerate Shriram Group, is set to cross Rs 3 lakh crore in assets during the next financial year starting April 1 with loan growth of 15 per cent. «We expect 15 per cent credit growth for FY26 if the GDP grows at 6.5 per cent. Usually, loan growth is more than 2 times of the GDP. Higher the GDP growth, higher is the demand for loan,» Shriram Finance executive vice chairman Umesh G Revankar told PTI. Asked about the asset book target, he said, it should cross Rs 3 lakh crore in FY26 and this financial year would close over Rs 2.5 lakh crore. Shriram Finance would end the current financial year with 18 per cent credit growth although the guidance was 15 per cent, he said, adding, the company has exceeded its target.
30.03 / 12:57
markets COST UPS economy Research Experts reports This move by Trump to make cars unaffordable for many American families. Here's why
Lower-income buyers will suffer another blow from expected hikes in used car prices as demand surges and supply shrinks. New cars priced under $30,000 are already rare as the average new-vehicle price approaches $50,000. The only way automakers can eke out profits on economy cars, analysts say, is to build them in nations with lower manufacturing costs. A Reuters review of data from two auto research firms found just 16 models with an average sticker price less than $30,000 and only one, Toyota's Corolla, that is assembled in the United States. All others are made in Mexico, South Korea, or Japan. Slapping a 25% tariff on these low-end cars may force price increases that make them unaffordable to their target market or cause some automakers to abandon them entirely, industry analysts said.
30.03 / 11:57
Target Progressive Gap economy Sustainability Enterprise community NABARD and SBI forge strategic partnership for sustainable growth of rural Assam
State Bank of India forging strategic partnership for sustainable growth of rural. The ceremony was attended by key officials, including Loken Das, CGM, NABARD Assam Regional Office, S Radhakrishnan, CGM, SBI Guwahati Circle. Loken Das emphasized NABARD’s role in promoting agriculture and rural development, focusing on financing public infrastructure, rural livelihoods, and improving the credit ecosystem.
30.03 / 09:33
Ripple security economy Research Healthcare cover social PM-JAY: A successful model for both healthcare delivery and financial security
Subscribe to enjoy similar stories. In a recent finding that could reshape public health policy globally, a new research study demonstrates that the Pradhan Mantri Jan Arogya Yojana (PM-JAY), India’s flagship healthcare programme, is achieving far more than its primary objective. It is fundamentally transforming the financial resilience of India’s poor, creating a silent yet powerful ripple effect throughout the economy.
30.03 / 07:53
UPS economy War shock peace International For Russia’s economy, peace poses a threat
Subscribe to enjoy similar stories. Against the odds, the Russian economy has weathered the war. The next economic storm on the horizon: peace.
29.03 / 11:31
UPS Provident security economy wellness President Trump’s new Ukraine proposal looks like an offer it must refuse
Subscribe to enjoy similar stories. KYIV : The Trump administration expects Ukraine to quickly sign a new agreement that gives Washington broad power over its ally’s economy. The problem is that Ukraine almost certainly can’t accept the terms.
29.03 / 10:57
markets UPS Apple economy Trade show performer How the end of the ‘American exceptionalism’ trade is rippling around the globe
Subscribe to enjoy similar stories. What do priests in New Zealand, Taiwanese life insurers and the oil-rich nation of Norway have in common? They have all been riding high on booming U.S. markets—and are now vulnerable to a reversal in fortunes.
29.03 / 07:53
markets Provident economy Research Trade President country India could benefit from reciprocal tariffs even as world fears Trump tariff threats. 3 reasons why
reciprocal tariffs, which will likely be announced by US President Donald Trump on April 2, India could see a minimal macro impact or even benefit from the fresh salvo, provided it plays the cards rightly. Before moving on to how India could gain from the tariffs, we should acknowledge that there will be some impact, albeit indirect and minimal. India’s exports would feel the pinch if global trade and growth slow down amid rising trade tensions. However, there is near consensus that this event will most likely be transient unless it evolves into a full-scale trade recalibration.
29.03 / 05:59
markets IPO economy Election NVIDIA Trade President CoreWeave disappoints on opening of trading
artificial intelligence startup to go public, finished its first day of trading at $40.01 a share, one penny above the disappointing initial public offering price the company had set a day earlier. The company's share price, trading under the ticker symbol CRWV, signaled concern among Wall Street investors about the economy and CoreWeave's business model. The faltering day of trading came amid a slumping stock market and uncertainty around inflation and President Donald Trump's tariffs. The S&P 500 dropped 2% on Friday, one of its worst days since Trump's election.
29.03 / 04:05
markets economy wellness Trade show reports testing Wall Street Week Ahead:Wobbly US stocks face test with tariffs, jobs data
employment report that could reveal a slowing economy. The S&P 500 posted a weekly loss, selling off on Friday after data pointed to underlying price pressures. Earlier this month, the benchmark index marked a correction, dropping more than 10% from its record high.
28.03 / 21:01
markets Ethereum coinbase Strategy economy Trade Bitcoin Crypto-Related Stocks Sink, Following Bitcoin Lower Friday
Shares of Mara Holdings (MARA), Strategy (MSTR), and several other companies tied to cryptocurrencies fell Friday along with the price of Bitcoin (BTCUSD).
28.03 / 16:47
COST Airlines economy Parke travelers Department International Relief for domestic flyers as regulator rejects Delhi Airport’s proposal for hike in charges for domestic flyers
Airport Economic Regulatory Authority (AERA) hasn’t allowed Delhi Airport to increase charges on domestic departing passengers from Rs 129 for the period of 2024-2029. The GMR group-owned airport had sought higher User Development Fee (UDF) ranging from from Rs405 to Rs 610 depending on peak hours and non-peak hours. UDF is a fee levied by operators to recover the expense they have incurred upgrading infrastructure at airports. A Parliamentary Affairs Committee had earlier expressed their dissatisfaction over “arbitrary” rise in user development fees (UDF) and ticket prices, arguing that the existing framework lacks mechanisms to hold private operators accountable.
28.03 / 16:47
economy Fitch Trade President country reports India, Brazil, other emerging nations face higher risk of US reciprocal tariffs
Emerging economies such as India, Brazil and Vietnam, which impose tariff on American imports higher than what the US levies on them, face a high risk of reciprocal tariffs, global ratings agency Fitch said. “Brazil, India, Thailand, Malaysia, South Africa, Turkey and, on a simple average tariff basis, Vietnam and Indonesia, impose notably higher tariffs on exports from the US relative to tariffs imposed by the US on imports from these countries,” it said. US President Donald Trump has threatened with his reciprocal tariffs announcement on April 2 against trading partners he says have been “ripping off” the country by imposing high levies. As per the Fitch report, the tariffs in these economies were higher, both on a simple and trade-weighted average basis. “On a simple average basis, the highest differentials are in Brazil, India and Turkey,” Fitch said.
28.03 / 16:23
COST Citi FIVE economy hospital travelers Indian hospitality industry poised for steady growth in FY26
Indian hospitality industry is set to grow steadily in FY26, driven by domestic travel, recovering foreign tourist arrivals, and the expansion of the Meetings, Incentives, Conferences, and Exhibitions (MICE) segment. CareEdge Ratings projects a 7-8% increase in Revenue per Available Room (RevPAR) in FY26, following an 8-10% rise in FY25. Average Room Rates (ARRs) are expected to hover above Rs 8,000, reaching Rs 8,400-8,600 in FY26, while occupancy levels are likely to stabilize between 66-68% from FY25 to FY27. However, supply-side constraints such as high land prices, escalating construction costs, and lengthy project timelines remain key challenges for hoteliers.
28.03 / 16:23
FIVE economy Metro WhatsApp guidelines RBI increases ATM withdrawal fee to Rs 23 from May 2025
ATM interchange fee that banks pay each other, raising it to Rs 19. In a circular, the RBI stated, “Beyond the free transactions, a customer may be charged a maximum fee of Rs 23 per transaction.” Applicable taxes will also need to be paid by the customer. As per RBI guidelines, customers are allowed five free ATM transactions per month at their own bank's ATMs. Additionally, customers are entitled to a fixed number of free transactions at other banks' ATMs: three in metro centers and five in non-metro centers. These transactions can be either financial or non-financial.
28.03 / 10:19
economy Trade War stage country 'We're seriously outgunned' in trade war, warns former Bank of Canada governor
Former Bank of Canada governor Stephen Poloz says we are “seriously outgunned” by the Americans in a trade war, arguing Canada will still need the United States down the road.
28.03 / 07:33
Citi Waters Strategy economy reports Schools Traffic Tackling air pollution is an economic imperative, not just a health crisis
Subscribe to enjoy similar stories. Even as air pollution chokes Indian cities, nearly ₹858 crore allocated by the central government for pollution control in 2024-25 remains unspent.
28.03 / 02:11
Fighting economy Election Trade President War rowing Canada PM Carney declares end of close US ties, plans talks with Trump amid tariff row
Canada and the United States «is over,» Prime Minister Mark Carney said Thursday, after President Donald Trump announced steep auto tariffs. Trump's planned 25 percent levy on vehicle imports to the United States is to come into force next week and could be devastating for a Canadian auto industry that supports an estimated 500,000 jobs. After Trump's announcement, Carney paused his campaign ahead of Canada's April 28 election to return to Ottawa for a meeting of cabinet members working on tactics in the trade war with the United States. He called Trump's auto tariffs «unjustified,» and said they were in breach of existing trade deals between the countries. He also warned Canadians that Trump had permanently altered relations with the United States and that, regardless of any future trade deals, there would be «no turning back.»

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