Global News
The US stock market took a massive hit recently, sending shockwaves across global markets. Wall Street witnessed a sharp sell-off, with the Dow Jones Industrial Average, S&P 500, and Nasdaq all closing significantly lower. This sudden downturn has left investors wondering — will this Wall Street bloodbath spill over to Indian markets? Could Sensex and…
Mumbai, March 9, 2025 — The Indian stock market seems to be losing some of its shine—at least for now. Global fund managers are hitting the pause button, and the numbers are telling a big story: a whopping $1.3 trillion selloff across emerging markets is making even the most bullish investors rethink their strategies. While…
Washington D.C., March 9, 2025 — In a major development that’s sparking global attention, a U.S. federal judge has ruled that China can be held legally responsible for concealing crucial information about the early spread of COVID-19 — a move that could cost the country billions of dollars in compensation. The verdict comes after multiple…
New Delhi, March 9, 2025 — As Donald Trump’s tariff policies return to the global stage, concerns are growing around the world — and India is no exception. Finance Minister Nirmala Sitharaman has given a clear indication that India could soon feel the heat of these trade shifts, especially when it comes to the risk…
India’s Commerce and Industry Minister, Piyush Goyal, has returned from a crucial visit to Washington, D.C., where he engaged in high-level trade discussions with U.S. officials. The visit, aimed at strengthening economic ties between the two nations, covered a range of key issues, including market access, technology collaborations, and boosting bilateral trade. Key Highlights of…
India should reconsider its ongoing trade negotiations with the United States and approach them with the same strategy it uses with other nations, according to a recent report by the Global Trade Research Initiative (GTRI). The think tank suggests that India should take a firmer stance and demand fair treatment in trade agreements rather than…
After an unexpectedly long stay in space, NASA astronauts Sunita “Suni” Williams and Barry “Butch” Wilmore are finally preparing to return to Earth. Initially launched aboard Boeing’s Starliner capsule on June 5, 2024, their mission was intended to last only eight days. However, technical issues with the spacecraft forced them to extend their stay aboard…
1. High Import Duties India imposes high import taxes on fully built electric vehicles (CBUs). For example, EVs costing above $40,000 face a 100% import duty, making Tesla’s cars twice as expensive. Even for lower-priced EVs, the import duty is 70%, making global EVs unaffordable for most Indians. 2. Lack of Local Manufacturing Unlike Tata…
In a significant move to deepen economic ties, India and Ireland have agreed to set up a Joint Economic Commission (JEC). This strategic initiative aims to enhance trade, investment, and technological collaborations between the two nations. The announcement was made following discussions between India’s External Affairs Minister, S. Jaishankar, and Irish Foreign Minister, Micheál Martin….
Former US President Donald Trump is reportedly eyeing Saudi Arabia’s ambitious $1 trillion investment pledge, marking a significant move as the kingdom pushes its Vision 2030 economic transformation plan. The massive investment initiative is attracting global business tycoons, with Trump showing interest in building closer business ties with the Middle Eastern powerhouse. Saudi Arabia’s Vision…