Wednesday, July 16, 2025

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Economy

April 9, 2025 10:56 AM

RBI revises FY25-26 GDP growth estimate to 6.5% amid tariff hurdles

India's real GDP growth forecast has been revised downwards to 6.5% for the current financial year 2025-26, from the earlier expectation of 6.7%, as highlighted by Reserve Bank of India (RBI) Governor Sanjay Malhotra during the policy announcement on...

April 9, 2025 10:56 AM

Trump mocks tariff-hit nations, announces upcoming pharma tariffs

US President Donald Trump took aim at nations impacted by tariffs on Tuesday, mocking their desperate attempts to negotiate with him. Speaking at the National Republican Congressional Committee, Trump boasted about his superior negotiating skills, cl...

April 9, 2025 10:55 AM

RBI cuts repo rate by 25 bps to 6% amid deepening global trade war

The Reserve Bank of India (RBI) on Wednesday cut the repo rate by 25 basis points, reducing it from 6.25 per cent to 6 per cent, in a bid to support the economy amid growing global headwinds stemming from sweeping tariffs and retaliatory duties impos...

April 9, 2025 10:07 AM

Trump’s latest tariffs kick in, deepening global trade war

President Donald Trump's "reciprocal" tariffs on dozens of countries took effect on Wednesday, including massive 104% duties on Chinese goods, deepening his global trade war even as he prepared for negotiations with some nations. Trump's punishing t...

 

Last updated on: 16th Jul 2025