Economy Archives - Page 176 of 311

Economy

January 21, 2025 3:51 PM

India projected to account for 16% of global consumption by 2050: report

India is projected to account for 16% of global consumption by 2050, up from 9% in 2023, according to a report by McKinsey Global Institute titled "Dependency and Depopulation: Confronting the Consequences of New Demographic Reality." By 2050, only ...

January 21, 2025 3:29 PM

AI can add $4.4 trillion to global economy, but digital divide must be removed: WEF report

While Artificial Intelligence (AI ) could add $2.6 trillion to $4.4 trillion to the global economy annually, there is also a need to pay attention to the careers, lives and communities it will disrupt -- including those who have already been left out...

January 21, 2025 12:42 PM

Will use US oil reserves to assert power globally, says Trump

President Donald Trump will use the US oil reserves as a weapon to assert its power and prevent both friends and foes from “pushing it around.” “We're not going to let any nation, whether friendly or unfriendly, push us around from any standpo...

January 21, 2025 11:34 AM

“As a BRICS nation, they’ll have 100 per cent tariff if…”: US President Trump on de-dollarization

US President Donald Trump issued a stern warning to BRICS nations on Monday, declaring that countries in the group would face 100 percent tariffs on trade with the US if they continue their push for de-dollarization. Speaking during a signing ceremo...

January 21, 2025 10:14 AM

Indian stock market trades flat as new US President avoids tariffs on Day 1

Indian benchmark indices traded almost flat on Tuesday morning, tracking gains in Asia, after Donald Trump took over as the 47th US President and did not immediately impose trade tariffs as widely expected. The Nifty 50 was up 0.25 per cent while th...

January 20, 2025 5:51 PM

Trump’s second term marks new cryptocurrency era

Advocates and holders of crypto will soon influence U.S. policy on the emerging technology after a slew of nominations and advisory appointments by President-elect Donald Trump, who takes office on Monday. The crypto industry has spent years fightin...

January 20, 2025 5:18 PM

Indian stock market ends higher as US gears up for Trump 2.0

The Indian stock market closed Monday’s trading session on a positive note, buoyed by solid third-quarter earnings and optimism surrounding US President-elect Donald Trump’s upcoming inauguration as the 47th President of the United States. The B...

January 20, 2025 11:35 AM

RBI steps to boost liquidity in banking system are smart, pragmatic: SBI

More changes in the RBI Liquidity Management Framework are likely after the daily dynamic VRR (variable rate repo) has been taken as the first step to manage liquidity in the banking system, according to an SBI research report. “Such changes and f...

January 20, 2025 10:59 AM

Sensex, Nifty rise ahead of Trump’s oath-taking

India’s benchmark indices opened higher on Monday, with investors cautiously awaiting Donald Trump's inauguration as the 47th president of the United States. The Nifty gained 87.20 points, or 0.38 percent, to open at 23,290.40, while the Sensex cl...

January 20, 2025 10:32 AM

India outlines 6-point plan to boost economic ties with EU

Commerce and Industry Minister Piyush Goyal outlined six broad principles for building a mutually beneficial partnership between India and the European Union at a high-level meeting with Maros Sefcovic, European Commissioner for Trade and Economic Se...

Economy

Top Stories of the Day