IMF, Managing Director Kristalina Georgieva (Photo-AP) The global economy is proving more resilient than expected despite major shocks such as President Donald Trump’s sweeping tariffs, but International Monetary Fund Managing Director Kristalina Georgieva has warned that this strength may not last.“Buckle up,” Georgieva said during a speech at the Milken Institute on Wednesday, AP reported….
Tata Trusts’ infighting and internal discord has prompted the Centre to step in with Home minister Amit Shah and Finance Minister Nirmala Sitharaman meeting top Tata Group leaders in Delhi on Tuesday.According to an ET report, in the meeting which lasted around 45 minutes, the message from the government was clear: stability needs to be…
The German government on Wednesday raised its growth projections, saying Europe’s largest economy is now expected to narrowly avoid stagnation in 2025 before accelerating to 1.3% in 2026. The previous forecast in April had predicted zero growth for 2025 this had been upgraded to 0.2%,, while the estimate for next year has been upgraded from…
US President Donald Trump’s ‘Liberation Day’ tariffs have brought limited tariffs for the United States even after six months of introduction, former IMF deputy managing director Gita Gopinath said.In a post on X, the she explained that while the tariffs have significantly boosted government revenue, the gains have come largely at the expense of domestic…
Navi Mumbai International Airport’s Terminal 1 will have 66 check-in counters, 29 aerobridges, 22 self-baggage drop counters and 10 bus boarding gates. The new airport will feature India’s largest aircraft maintenance, repair, and overhaul (MRO) facilities, positioning itself as a significant cargo transportation centre. Source link
Tata Capital Ltd’s initial public offering (IPO) was fully subscribed on Wednesday, the final day of bidding. The Rs 15,512 crore share sale drew bids for 45.85 crore shares against 33.34 crore shares on offer, a subscription of 1.38 times, according to NSE data till 1:36 PM IST.Among investors, the Qualified Institutional Buyers (QIBs) category…
MUMBAI: UK-based Revolut, which provides banking and cross-border payment services, has unveiled its India launch at the Global Fintech Fest (GFF 2025). The company aims to onboard 20 million Indian customers by 2030. The first set of Revolut cards in the country will operate on the Visa network. The platform integrates UPI, domestic prepaid Visa…
India is hopeful of reaching a “fair and balanced” trade agreement with the European Union (EU) by the end of December, commerce and industry minister Piyush Goyal said on Tuesday. The comments come as the 14th round of trade talks between the two sides takes place in Brussels.Goyal said that negotiations would be carried forward…
AI image used for representative purposes Gold futures have exceeded $4,000 per troy ounce in an unprecedented surge, as investors seek secure financial holdings amid the ongoing US government shutdown.Gold futures in New York surpassed $4,000 on Tuesday morning, establishing a new record, as reported by Associated Press. The New York spot gold had previously…
India and Brazil engaged in talks regarding the expansion of a preferential trade agreement, addressing market accessibility and potential collaboration in pharmaceutical and banking domains, according to an official statement, released on Tuesday, quoted by PTI.The India-Brazil Trade Monitoring Mechanism (TMM) meeting, held locally, facilitated these discussions. The agenda encompassed bilateral trade and investment relationships,…
