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The Canadian dollar climbed above 70 cents U.S. early Wednesday with the immediate threat of a trade war on hold for the next month.

Finance Secretary Tuhin Kanta Pandey on Thursday asked businesses to take risks, build new factories, and create jobs. The Budget measures will help give push to economic growth amidst the global headwinds, he said, adding that India will not only remain the fastest growing economy in the world but also make the pace faster.

TP Solar, established at an estimated cost Rs 3,800 crore at Gangaikondan SIPCOT industrial estate in the district was inaugurated by Tamil Nadu Chief Minister M K Stalin on Thursday.

Bureau of Indian Standards (BIS) hosted a two-day workshop with British counterparts in New Delhi, focusing on standardisation of green hydrogen production and regulations. The initiative, organised in partnership with the British Standards Institution (BSI) and the UK's Foreign, Commonwealth and Development Office (FCDO), marks a crucial step in aligning international standards for the emerging hydrogen economy, an official statement said.

Subscribe to enjoy similar stories. Can tax relief for the urban middle class spark a consumption revival, and help accelerate an economy that has lately been grappling with a slowdown? The governemnt sure hopes so. In the Union budget presented on 1 February, finance minister Nirmala Sitharaman announced raising the income tax exemption limit to ₹12 lakh from ₹7 lakh, which has been touted by many as a potential game-changer.

The Bank of England is widely expected to cut interest rates for the third time in six months later Thursday even though inflation remains above its target

President Donald Trump’s threats to impose 25% tariffs on Mexico and Canada have left many cities along Mexico's northern border in limbo

Subscribe to enjoy similar stories. That the Indian economy is going through a difficult phase is no longer a matter of speculation. The Economic Survey not only made that clear, but went further by offering evidence of a decline in earnings of the self-employed in the last six years.

Nirmala Sitharaman has a message for the Monetary Policy Commission which began deliberations on Wednesday. The Reserve Bank had last reduced the repo rate by 40 basis points to 4 per cent in May 2020 to help the economy tide over the crisis following the outbreak of the Covid pandemic and subsequent lockdown.

interest rate cut in his first policy meeting, shifting the focus to boosting economic growth as global risks escalate.

Gold prices inched higher on Thursday to hover near an all-time high hit in the last session, as Sino-U.S. tariff war concerns boosted safe-haven demand, while investors awaited the payrolls data for clues about the health of the world's largest economy.

Federal Reserve officials on Wednesday pointed to the large policy uncertainty around tariffs and other issues arising from the early days of President Donald Trump's administration as among the top challenges in figuring out where to take U.S. monetary policy in the months ahead. Chicago Fed President Austan Goolsbee warned that ignoring the potential inflationary impact of tariffs would be a mistake, whereas Richmond Fed President Thomas Barkin said it remains impossible at this early stage to know where cost increases from any tariffs might be absorbed or passed along to consumers. The views of the two U.S. central bankers were emblematic of the cautious approach Fed officials are angling to take in deciding whether to resume interest rate cuts later this year or continue to keep them on hold. The Fed left its benchmark interest rate unchanged last week in the 4.25%-4.50% range after cutting it at three straight meetings to close out 2024. The U.S. economy is strong, the labor market is «plausibly» at full employment, and inflation has come down and is approaching the Fed's 2% goal, Goolsbee said in remarks prepared for delivery to the Chicago Fed's annual auto symposium in Detroit.

Subscribe to enjoy similar stories. India's economic engine, consumer spending, has stumbled, placing immense pressure on the Union Budget 2025-26 to reignite growth. The budget delivered a headline-grabbing tax relief for the middle class, fueling hopes of a consumption revival.

Canada’s mortgage market is reacting to fears this week that United States President Donald Trump’s threatened tariffs could deliver a sharp blow to the Canadian economy.

Maurice Obstfeld, former Chief Economist at the International Monetary Fund (IMF), teaches at the University of California, Berkeley. Speaking to Srijana Mitra Das, he discusses burgeoning tariffs — and their effects on prosperity:

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

It could be true, as Conrad Black wrote in his latest National Post column, that United States President Donald Trump’s tariff attacks on Canada and Mexico are nothing more than a game. “Trump is just playing poker,” claimed Black. That view of Trump’s tariff strategy seemed briefly plausible late Monday with the news that imposition of the tariffs would be postponed for a month.

Subscribe to enjoy similar stories. The backdrop of the monetary policy committee (MPC) meeting later this week is a complex one. Growth momentum has slowed in 2024-25.

Subscribe to enjoy similar stories. New Delhi: India is currently in the midst of two extremely rare occurrences. First, Prayagraj is hosting the Maha Kumbh, which occurs once in 144 years.