They Did Deals With Trump to Get Lower Tariffs. Now They Are Stuck.
Countries that under the threat of tariffs made commitments like enormous investment pledges face the reality that they may have been better off waiting. Source link
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Ethanol boom faces reality check as surplus capacity clouds green fuel roadmap
What was once seen as the engine of India’s clean fuel transition is now grappling with oversupply, with ethanol production capacity significantly exceeding current blending needs.Industry estimates show nearly 20 billion litres of installed ethanol capacity, with another 4 billion litres expected shortly, against an annual requirement of about 11 billion litres to meet the…
RBI’s new data centre far from seismic risks and cross-border threats — where is it?
The Reserve Bank of India has developed a high security data center in Bhubaneswar, in a move to safeguard critical financial systems and ensuring the continuity of its core operations. The location was chosen to minimise exposure to cross-border threats and seismic risks. The new greenfield facility, spread across 18.55 acres at Info Valley-II, Khordha,…
Weekly market recap: Mcap of six of top 10 valued firms climbs Rs 63,478 crore; L&T, SBI lead gains
Six of ten most-valued companies saw their market capitalisation soar by Rs 63,478.46 crore last week, fueled by strong gains in Larsen & Toubro and State Bank of India. The broader market also moved modestly higher, with the 30-share BSE Sensex rising 187.95 points, or 0.22%, during the week. Among the top firms, Larsen &…
Trump’s tariffs struck down, what’s next? SBI suggests adopting a ‘counter-intuitive’ approach
US Supreme Court’s recent striking down of President Donald Trump’s tariff framework could lift the policy outlook and influence the current climate of uncertainty. A recent report by SBI Research has suggested that countries may have to negotiate with a “counter-intuitive” approach in the interim phase, given that the final say on tariff matters rests…
PM Modi to flag off ‘Meerut Metro’ and ‘Namo Bharat’ train today — how will it help commuters?
Prime Minister Narendra Modi is set to inaugurate the Meerut Metro and the Namo Bharat RRTS, on Sunday, during his visit to Shatabdi Nagar in Meerut, Uttar Pradesh, while also dedicating development works worth around Rs 12,930 crore to the city. Following the inauguration, the Prime Minister is set to take a metro ride to…
RBI expected to maintain prolonged rate pause, supported by low inflation, stable growth outlook: Report
The likelihood of a monetary policy rate hike remains low due to subdued core inflation, according to a report by ICICI Bank Global Markets. The Reserve Bank of India is expected to maintain a prolonged pause in its rate cycle into FY2026–27, with greater emphasis on injecting durable liquidity to ensure effective monetary policy transmission,…
New York Nurses’ Strike Ends After 6 Weeks as Last Holdouts Approve Deal
Workers at NewYork-Presbyterian/Columbia hospital voted for a contract with raises and layoff protections, meaning more than 4,000 nurses will return. Source link
What’s next as US Supreme Court sends Trump’s trade policy into flux
The US Supreme Court ruled that President Donald Trump cannot legally use emergency powers under the International Emergency Economic Powers Act (IEEPA) to impose tariffs. The decision blocks part of his trade strategy but does not end his trade war.The ruling mainly affects “reciprocal tariffs,” which Trump announced last April in the Rose Garden. These…
‘Reflection of trust’: PM Modi, Brazil President Lula sign rare earths deal; aim for trade beyond $20 billion
Prime Minister Narendra Modi with Brazilian President Luiz Inacio Lula da Silva during a joint press meet Prime Minister Narendra Modi and Brazilian President Luiz Inacio Lula da Silva on Saturday set a target to raise bilateral trade to $20 billion within five years and signed key agreements in areas including rare earth minerals, digital…