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JP Morgan Chase CEO Jamie Dimon said Artificial Intelligence was a great technological revolution that will drive everything and change the world, sounding bullish on the sweeping technological changes AI was sparking. AI was reshaping the world just like the invention of the printing press, the steam engine, and the internet did, he said in a chat with Adobe CEO Shantanu Narayen at the tech company’s annual summit in Las Vegas. “Like past innovations, AI too will take time but will transform the world in ways we can’t yet imagine.” The future, according to him, was going to be AI-driven.

Donald Trump has urged the Federal Reserve to cut interest rates, claiming it would be the «right thing» to do as US tariffs begin to ease their way into the economy. «The Fed would be much better off cutting rates as tariffs start to transition,» Trump said, emphasizing the need for swift action. In a dramatic statement, he declared April 2 as «Liberation Day in America,» hinting at a symbolic economic shift tied to his proposed policies.

Rakshit Ranjan, Portfolio Manager, Marcellus Investment Managers, says in the last 8 to 10 months, they have started taking more rural exposure given that area of the economy is likely to do better. Marcellus has increased exposure to healthcare through hospitals and diagnostics. They have also increased exposure to industries where large unorganised to organised potential exists along with company-specific strengths. Finally, a high exposure to exports of products and services based on IP, is where they have increased exposure. Marcellus has also retained high quality financials, including lenders and insurers in the broader portfolio. In the last three sessions, we are seeing some good moves, good recovery coming in the market. On Wednesday, we broke above the 22,900 levels. Are we fairly priced now? The valuations are getting better as far as India is concerned. We are now trading approximately at 18.5x which is now less than the 10-year average. We are now below the 5-year historical average also. Are we really priced to perfection now? Do you see the green shoots coming back? Rakshit Ranjan: Certainly.

U.S. policymakers projected likely two quarter-point interest rate cuts later this year, the same median forecast as three months ago, even as they expect slower economic growth and higher inflation. On Wednesday, the Fed held its benchmark overnight rate steady in the 4.25%-4.50% range.

Subscribe to enjoy similar stories. The Federal Reserve’s first set of projections since Donald Trump’s inauguration underscored—in the central bank’s understated and technocratic fashion—just how much the president’s plans to press ahead with widespread tariffs have turned the economic outlook on its head. Months ago, policymakers presumed they would spend 2025 gradually cutting rates to keep inflation heading down without a big rise in joblessness to achieve the so-called soft landing.

Subscribe to enjoy similar stories. The Trump administration has been extraordinarily blasé about falling stocks. “I can tell you that corrections are healthy, they are normal," said Scott Bessent, America’s treasury secretary on March 16th, in the government’s most recent shrug.

Subscribe to enjoy similar stories. Thailand-based Minor International Plc, which runs Minor Hotels and brands like Anantara Hotels Resorts & Spas, Avani Hotels & Resorts, NH Hotels, and NH Collection is looking to have a strong presence in India in the next decade with a target of 50 hotels by 2035. The company's group CEO, Dillip Rajakarier who is visiting India and spoke exclusively to Mint said the company has now established its presence in India with the recent launch of its 150-room Anantara Jewel Bagh hotel in Jaipur.

With the recent spike in egg prices, fueled by outbreaks of bird flu, restaurants now have another headache: beef prices are increasing, and they worry about how it will affect their menus, according to Daily Mail. Based on recent figures, prices for beef and veal have jumped 5.5% higher in January than they did in the same period last year, more than inflation in the rest of the American economy, Daily Mail reported.

U.S. stocks climbed after the Federal Reserve said the economy still looks healthy enough to keep interest rates where they are

Fitch Ratings said Wednesday. While India's economic growth forecast for FY26 is unchanged at 6.5% from the December outlook, the projection for FY27 was revised upwards by 10 basis points to 6.3%. This fiscal year, India's GDP is anticipated to grow by 6.3%, the global rating agency said. Consumer spending will pick up pace in the coming two fiscals, albeit at a slower pace, it noted. The Indian economy gained momentum in the December quarter, expanding 6.2% from a seven-quarter low of 5.6% in the quarter before, led by improved consumer spending and higher government expenditure. The ratings agency forecasts growth of 7.1% in Q4 of FY25 and 6.8% in Q1 of FY26.

Federal Reserve officials slashed their economic outlook in the latest projections released Wednesday, seeing the U.S. economy growing at a pace lower than 2%.

WASHINGTON – The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.

Canada’s economy may have ended 2024 on a high note, but that could all be undone as world trade is upended by Donald Trump’s tariff war, according to a new report by the Organization for Economic Co-operation and Development (OECD).

February’s consumer price index report took economists by surprise as the rate of inflation accelerated on a year-over-year basis to 2.6 per cent in February, outpacing analyst estimates for a 2.2 per cent increase.

Some Canadian companies are contemplating moving their operations to the United States as a long-term solution to get around Donald Trump‘s tariff threats and protect the viability of their businesses, according to a new survey by PricewaterhouseCoopers LLP Canada.

Donald Trump has publicly proclaimed that the United States ‘doesn’t need anything’ Canada has, but Americans can’t seem to get enough of this “export.”

Indian stocks. Foreign investors have briefly reversed outflows against a much longer trend of dumping overpriced Indian equities. India has been the outlier for quite some time in emerging Asian markets, where inflows are gaining strength.

US Federal Reserve is set to announce its decision on interest rates on Wednesday, March 19. The announcement will be made against the backdrop of US President Donald Trump’s tariff wars and cuts to government funding. A lot of speculation persists over whether the Federal Reserve will keep interest rates unchanged. Wall Street seemed upbeat before Federal Reserve chair Jerome Powell’s press conference, with 60 per cent of broad S&P 500 firms trading higher on Wednesday morning. Over two-thirds of stocks in the Dow index were in the green, CNN reported.

Piyush Goyal Wednesday proposed signing of free trade agreements individually with the members of the 4-member Mercosur bloc comprising Argentina, Brazil, Paraguay and Uruguay. His statement comes as the efforts to expand the Preferential Trade Agreement (PTA) with the Mercosur are stuck. “I propose to either expand the MERCOSUR trade agreement or look at trade deals bilaterally,” he said at a CII event. India went ahead with a bilateral trade deal with UAE when the talks to secure a trade pact with Gulf Cooperation Council nations weren’t making much headway. Goyal also said that India is also working with Chile to expand its PTA with Chile and turn it into a Comprehensive Economic Partnership Agreement. The PTA with Chile was signed in 2006 and expanded in 2017. Within the LAC region which includes 33 countries the FTA negotiations with Peru are in advanced stages.

The RBI report stated that India’s external sector continues to find support from resilient services exports, which remain less affected by global disruptions. “Going forward, India’s structural strengths—sound fiscal policies, a well-calibrated monetary framework, and digital transformation initiatives—are expected to provide a strong foundation for long-term sustainable economic growth,” the report stated. The RBI lowered the benchmark policy rate by 25 basis points to 6.26% in February, and the easing inflation print triggered economists to forecast another 25 bps cut in rates in April, according to an ET poll of 12 economists. After taking charge, President Donald Trump announced a series of tariff proposals leading to uncertainty on growth in both emerging and advanced markets. The pass-through of higher tariffs to consumer prices would be a key risk to global inflation, and central banks in advanced economies would have to factor in a potential slowdown in growth.

AtlasIntel, the nation's most accurate polling firm, Donald Trump's approval rating has dropped significantly. Economic uncertainty and contentious tariff policy decisions seem to be weighing on public opinion. As the US President faces critical challenges, his approval ratings could fluctuate even more in the coming weeks.