The Cost of the A.I. Boom: A Trade Deficit the President Detests
A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants. Source link
A recent surge of A.I.-related imports has become an impediment to the smaller trade deficit President Trump wants. Source link
The Union Cabinet has approved the Bharat Audyogik Vikas Yojana (BHAVYA), a Rs 33,660 crore central sector scheme to develop 100 investment-ready plug-and-play industrial parks across the country, in a move aimed at accelerating manufacturing growth and employment generation.The scheme will be implemented over a six-year period from FY 2026-27 to FY 2031-32, with industrial…
The U.S. central bank is widely expected to hold interest rates steady as officials assess the economic fallout from the war with Iran. Source link
As tensions escalate in the boiling Middle Eastern region, residents and travellers are scrambling to catch the first outbound flights. Yet, many Indian blue-collar workers remain behind, choosing to stay for their jobs and to support their families rather than return home. While salaries continue to be paid on schedule, recruiters caution that a prolonged…
A state-by-state look at the increase and how it could affect you. Source link
Indian refiners have purchased nearly 30 million barrels of Russian crude within a week. (AI image) India is aggressively buying Russian crude oil amidst supply disruptions from Strait of Hormuz caused due to the ongoing US-Iran war and Middle East conflict. In fact, India is buying such huge quantities of Russian crude, that tankers headed…
Gold has witnessed a modest decline lacking bullish conviction amid mixed cues as USD strength persists ahead of the US Fed decision. (AI image) Gold price prediction today: Gold prices lack an immediate bullish bias, though the current phase is more consolidative than corrective, says Maneesh Sharma, AVP – Commodities & Currencies at Anand Rathi…
NEW DELHI: Airlines will now have to offer at least 60% seats “on any flight” without any selection charge and passengers travelling on the same PNR — who are usually family members or the travelling in a group — will need to be seated together, “preferably on adjacent seats,” The Directorate General of Civil Aviation…
Across Asia, a sharp drop in liquefied natural gas supplies is pushing major importers back toward coal, undermining L.N.G.’s long-held role as a stable energy anchor. Source link
Asian equities mostly inched higher on Wednesday, tracking a pause in the recent rally in oil prices, even as investors remained cautious amid escalating tensions in the Middle East and awaited signals from the US Federal Reserve on interest rates.As of 9:15 am, Japan’s Nikkei was up 1,245.87 points or 2.32% to 54,946. South Korean…