‘Costing our country trillions of dollars’: Donald Trump calls Jerome Powell ‘too stupid’ after rate decision; central bank holds rates steady for fifth straight time

President Donald Trump lashed out at Federal Reserve Chairman Jerome Powell on Thursday, accusing him of being “too stupid” and “too political” for the job after the central bank opted to keep interest rates unchanged for the fifth consecutive meeting.“Jerome “Too Late” Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY,…

Read More

Pradhan Mantri Kisan Sampada Yojana boost: Centre clears Rs 6,520 crore for PMKSY expansion, 50 irradiation units and 100 food labs in pipeline

The Union Cabinet has approved a total outlay of Rs 6,520 crore — including an additional Rs 1,920 crore — for the Central Sector Scheme Pradhan Mantri Kisan Sampada Yojana (PMKSY) during the ongoing 15th Finance Commission cycle (2021–22 to 2025–26), the government said in an official release said.The allocation includes Rs 1,000 crore to…

Read More

‘India set to be third largest economy’, says Piyush Goyal after Donald Trump’s ‘dead economy’ jibe; reiterates national interest important

Piyush Goyal said that India will protect its national interest while pursuing any trade deal. Commerce minister Piyush Goyal on Thursday said that India will protect its national interest while pursuing any trade deal with world economies. Goyal’s comments in the Parliament come after US announced a 25% tariff on India. In what appeared to…

Read More

Donald Trump tariffs to dent India’s GDP growth? Up to 30 basis points dip possible, say experts; expected trade deal could soften blow

The imposition of a 25 per cent US tariff on Indian goods from August 1, along with an unspecified penalty over India’s continued trade with Russia, could weigh on India’s GDP growth and export prospects, experts have warned. Sectors such as pharmaceuticals, gems and jewellery, textiles, and automobiles are likely to be most affected. While…

Read More

Pharma downplays 25% tariff impact: US healthcare could feel the blow instead of India- what sector experts say

India’s pharmaceutical sector has given its insights into US President Donald Trump’s announcement of a 25 per cent tariff on all Indian imports starting August 1, warning that the move could significantly disrupt American healthcare rather than weaken Indian industry. While uncertainty remains about whether pharmaceuticals will fall under the new tariff list- given Trump’s…

Read More

Donald Trump tariffs: Why India’s stock market has not crashed, is resilient even after 25% tariff announcement – explained

Market experts note that negotiations remain possible, whilst Foreign Institutional Investors have largely factored in the tariff impact. (AI image) Donald Trump’s tariff impact on India’s stock market: Nifty50 and BSE Sensex saw a gap down opening on Thursday after the US President imposed a 25% tariff and additional penalty on India. But the market…

Read More

India steps up with Quad: Target on China’s rare earth dominance; supply diversification seen as key

Foreign ministers of the Quad nations (Australia, India, Japan, and the United States) met in Washington and announced a comprehensive plan to address China’s growing influence in the Indo-Pacific region, according to The Japan Times, quoted by ANI.The group introduced the Quad Critical Minerals Initiative to address China’s control over rare earths and essential materials…

Read More

‘Busy day’ at White House: 25% tariff on India; ‘dead economies’ jibe, trade deal with Pakistan & more – Key points

US President Donald Trump (AP) NEW DELHI: It was a “busy day” at the White House on Wednesday as US President Donald Trump rolled out a series of key announcements, including a 25% tariff and additional penalties on India. At the same time, he offered to assist India’s hostile neighbour Pakistan in developing its “massive…

Read More

‘Very hard for us’: Trump targets Canada over recognising Palestine statehood; warns of trade deal risk

US President Donald Trump, said on Thursday, that Canada’s support for a Palestine complicates the ongoing trade negotiations between the two nations.“Wow! Canada has just announced that it is backing statehood for Palestine. That will make it very hard for us to make a Trade Deal with them. Oh’ Canada!!!” he said in a post…

Read More