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BNP Paribas report.

Subscribe to enjoy similar stories. Dispirited by an economic slowdown and stagnant spending power, observers greeted finance minister Nirmala Sitharaman’s beribboned tax breaks with a combination of euphoria and hope. There was elation because tax breaks could mean more money to spend and save; there are also expectations that this time will be different, because past experience shows that good budgetary intentions can be scotched by hidden small-print or an unexpected surge in inflation.

employment growth moderated at the start of the year, partly a reflection of winter weather and Los Angeles-area wildfires, after two months of solid hiring.

Economic Affairs Secretary Ajay Seth has said work with respect to developing a taxonomy for climate finance is going on and it should be ready in the next six months or so. «Work is happening, and in fact, the steel ministry has completed their work. They have issued their taxonomy for the steel sector,» he told PTI in an interview.

Airbnb to capitalize on an explosion of urbanites looking to spend time in the countryside, as per a report.

Crossmark Global Investments CEO and CIO Bob Doll unpacks the state of the U.S. economy on 'Maria Bartiromo's Wall Street.'

U.S. employers added just 143,000 jobs last month, but the jobless rate fell to 4% to start 2025 and the government revised November and December payrolls higher

Subscribe to enjoy similar stories. The scope and velocity of President Trump’s moves to shrink the U.S. government, pressure U.S.

Subscribe to enjoy similar stories. The European Commission is reviewing elements of its flagship Green Deal environmental policy, as worries over rising costs and a lack of competitiveness with China and the U.S. grow within the continent.

Commerce Department data. The 3.5% increase from the previous month was due to US president Donald Trump’s threat of tariffs that triggered a rush among American companies to import goods, reported The Telegraph.

Canada Minister of Energy and Natural Resources Jonathan Wilkinson discusses the potential impact of tariffs, energy exports, a U.S.-Canada energy alliance and the upcoming Canadian election.

Reserve Bank of India (RBI) has cut interest rates. In a move aimed at supporting economic growth, the six-member Monetary Policy Committee (MPC), led by newly appointed Governor Sanjay Malhotra, lowered the repo rate by 25 basis points to 6.25%. But alongside the cautious optimism, Governor Sanjay Malhotra delivered a stark warning: India is not immune to the global storms brewing on the horizon.

Reserve Bank of India's rate-setting panel on Friday pegged India’s FY26 GDP growth at about 6.7%, Governor Sanjay Malhotra announced.

home loan borrowers RBI has finally reduced the repo rate by 25 basis points in its monetary policy meeting on February 7, 2025. This cut comes after almost after a gap of 5 years during which the home loan borrowers only saw either rates being hiked or being stagnant. After RBI repo rate cut, home loan lenders are expected to reduce their interest rate on floating rate home loans. We tell you if you can expect further repo rate cut this year and how best you can utilize the current interest rate cut.

Sunil Koul, Emerging Market Equity Strategist, Goldman Sachs, says gone are those days wherein you saw 30% plus capex spending during the last three-four years and then the capex spending going forward will be more in line with nominal GDP, which is what we have been seeing in the last couple of years, sort of 10-11% in that sense. At a very aggregate level, we would see some outperformance from the consumption cohorts compared to the capex-sensitive sectors. Sectors like infrastructure or very capex-heavy railways, and roads can underperform in the current context. Koul further says that barring IT, a lot of FIIs are still engaged in the consumption story in India and it will still trade at a relatively higher multiple to the rest of the indices and rest of the consumer pack across the market. Somewhere around 30-40 times PE is still relatively okay compared to the broader market trading at 20 times. When are FIIs coming back? Sunil Koul: You want the global sentiment to improve a little bit before FIIs can come back. Today, the market is trading micro as opposed to global macro. So, let the global macro stabilise a little bit.

More Americans filed unemployment claims last week, but the labor market remains healthy and layoffs relatively low

The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a smidgen of relief for prospective home shoppers getting into the market before the busy spring homebuying season starts

Subscribe to enjoy similar stories. New Delhi: The government may move away from green bonds to fall back on conventional government securities and other debt instruments for green financing in the coming years, as these so-called 'climate' and 'sustainable' bonds have delivered only modest returns, two people aware of the matter told Mint.

Cushman & Wakefield Chairman of Global Brokerage Bruce Mosler discusses President Donald Trump's impact on commercial real estate and how Americans are handling 7% mortgage rates.