Economy Archives - Page 5 of 256

Economy

September 26, 2025 4:51 PM

Trump slaps fresh US tariffs on heavy trucks, drugs and furniture

President Donald Trump on Thursday unveiled a fresh round of punishing tariffs on a broad range of imported goods, including 100% duties on branded drugs and 25% tariffs on heavy-duty trucks, set to come into force next week. Tariffs have been a f...

September 25, 2025 4:30 PM

Indian stock market ends lower amid profit booking, IT sector selling

Indian equity markets extended their bearish momentum for a fifth consecutive session on Thursday, weighed down by profit booking, persistent foreign fund outflows, and selling pressure in IT stocks. The Sensex closed at 81,159.68, down 555.95 points...

September 25, 2025 11:29 AM

World Food India 2025 set to open in New Delhi, highlighting India’s food sector growth

The Ministry of Food Processing Industries (MoFPI) launched World Food India (WFI) in 2017 as its flagship international platform to promote India’s food sector and attract global investment. After successful editions in 2023 and 2024, the fourth e...

September 25, 2025 10:11 AM

Sensex falls 180 points as US visa restrictions weigh on market sentiment

Indian stock market opened lower on Thursday, marking a fifth consecutive decline as continued foreign fund outflows and US visa restrictions kept investors on edge. At the start of trading, the BSE Sensex fell over 180 points to 81,574.31, while th...

September 25, 2025 10:01 AM

India, Australia ink Mutual Recognition Arrangement for organic products

India and Australia on Wednesday signed a Mutual Recognition Arrangement (MRA) for organic products, a step expected to boost trade and open new avenues for farmers and exporters in both countries. The agreement was signed at Vanijya Bhavan, New Del...

September 24, 2025 4:58 PM

HSBC upgrades Indian equities to overweight from neutral

HSBC Global Investment Research has upgraded Indian equities to overweight from neutral, citing their growing attractiveness on a regional basis. The firm noted that US tariffs are likely to have minimal impact on the profits of most listed Indian co...

September 24, 2025 3:41 PM

PM Modi urges people to participate in online auction of souvenirs; proceeds to go to Namami Gange project

Prime Minister Narendra Modi on Wednesday urged the citizens to take part in the online auction of mementos and gifts that he has received over the past few days and months. “The proceeds from the auction will go towards Namami Gange,” PM Modi a...

September 24, 2025 12:09 PM

Pakistan’s poverty reduction reversed by economic shocks, weak reforms, World Bank says

Pakistan’s sharp decline in poverty has stalled in recent years due to economic shocks and a lack of structural reforms, the World Bank said on Tuesday. The international lender said that between 2001 and 2015, a wave of urbanization helped reduce...

September 24, 2025 11:53 AM

Fed’s Powell strikes middle path on inflation, jobs, as others take sides

U.S. Federal Reserve Chair Jerome Powell said on Tuesday the central bank needed to continue balancing the competing risks of high inflation and a weakening job market in coming interest rate decisions, even as his colleagues staked out arguments...

September 24, 2025 10:01 AM

Alibaba launches Qwen3-Max AI model with more than 1 trillion parameters

Chinese e-commerce giant Alibaba announced on Wednesday its largest ever artificial intelligence language model, the Qwen3-Max, doubling down on AI as a core business strategy. The model, Alibaba's most powerful to date, contains more than 1 trillio...

DD India