Billionaire Ray Dalio thinks American economy is dependent on the 1%; with only three states driving its GDP | Business

The American economy may look healthy on paper. Wall Street is roaring, Silicon Valley is buzzing with AI optimism, unemployment is steady, and GDP is rising. But billionaire investor Ray Dalio says this apparent prosperity hides a deeper imbalance. The US, he argues, is becoming dangerously dependent on a small, highly productive elite, while the…

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Corporate confidence dips in Q2 FY26: India’s business sentiment slows amid US tariffs, global uncertainty – NCAER report

Representative image (AI-generated) Business sentiments in India moderated in the second quarter (Q2) of FY 2025-26 after showing steady improvement over the past three quarters, according to a new report by the National Council of Applied Economic Research (NCAER).The decline comes amid high global uncertainties, including additional US tariffs and ongoing trade tensions, the think…

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Beauty boom in India: Japan’s Shiseido to begin local manufacturing; joins global luxury brands’ expansion drive

Representative image (AI-generated) Japanese luxury beauty company Shiseido is planning to start manufacturing in India as part of its expansion strategy.It will be joined by global peers such as Estée Lauder Companies and The Body Shop, which are also exploring local production to tap into the world’s fastest-growing beauty market.Sanjay Sharma, country head of Shiseido…

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Gold rate today below Rs 1.23 lakh per 10 grams: Gold, silver prices continue to fall; what’s the outlook?

In global markets, Gold prices reduced on Monday due to a robust US dollar and improving US-China trade relations. (AI image) Gold rate today: Gold and silver prices dropped in early trading on Monday, with investors booking profits following a record global rally and recent market fluctuations. At the Multi Commodity Exchange (MCX), December gold…

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iPhone shipments, Trump’s Russia sanctions impact: Electronics to become 2nd-most shipped category soon; India’s oil exports may fall

During the first half of the current fiscal year, Apple’s iPhone exports reached an unprecedented $10 billion. (AI image) The booming Apple iPhone production in India, and the latest sanctions on Russian oil firms by Donald Trump, may power electronics to become the second most-shipped exports category in India. It’s a story of rise in…

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Asian stocks today: Markets rally on US-China trade deal progress; Nikkei jumps 2%, Hang Seng up 1%

Stock markets in Asia jumped on Monday after the United States and China outlined a framework for a potential trade deal, raising hopes that tensions between the world’s two largest economies may ease. The development boosted investor confidence across regional markets, which opened higher following a strong finish on Wall Street last week.In early trade,…

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India-US ties: Jaishankar meets Marco Rubio on Asean sidelines amid tariff tensions; talks on ‘regional, global issues’

Jaishankar meets Rubio (Image posted on X) External Affairs Minister S Jaishankar had a meeting with US Secretary of State Marco Rubio on Monday in Kuala Lumpur to discuss international relations and ongoing trade negotiations between their nations.The discussions were held alongside the Association of Southeast Asian Nations (ASEAN) summit events in the Malaysian capital.“Glad…

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Stocks to buy: What’s the outlook for Nifty for the week starting October 27? Check list of top stock recommendations

Top stocks to buy (AI image) Stock market recommendations: According to Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities, the top stock picks for this week are Cummins India, and Blue Star. Here’s his view on Nifty, Bank Nifty for the Diwali week starting October 27, 2025:Nifty View:The benchmark index Nifty has delivered…

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