Donald Trump vs Fed gov: Lisa Cook sues Trump admin; asks to ‘confirm her status’ as board member

[ad_1] Federal Reserve governor Lisa Cook has taken the Trump administration to court after the US president tried to fire her.Cook’s lawsuit, filed by lawyer Abbe David Lowell, seeks an injunction to block her dismissal and “confirm her status” as a member of the central bank’s governing board.The case is being seen as an extraordinary…

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Trade war: India’s Russian oil imports set to rise; move comes after US slaps 50% tariff

[ad_1] These is a representative AI image (Credit: Chatgpt) NEW DELHI: India is set to increase its imports of Russian oil in September, dealers told Reuters, as Donald Trump-led US administration on Wednesday doubled tariffs on Indian exports to 50%, citing New Delhi’s continued reliance on Moscow’s crude.Despite the pressure, Indian refiners are expected to…

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No ‘dead economy’? India may surpass US as 2nd largest economy in PPP by 2038 – despite Trump tariffs

[ad_1] The projections indicate India’s GDP will reach 34.2 trillion international constant PPP dollars (2021) by 2038. (AI image) India may surpass the US to become the world’s second largest economy in PPP terms by 2038, according to an analysis by EY in its latest Economy Watch report. The projection assumes significance at a time…

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US tariffs: GST reform could soften the tariff blow; BMI GDP growth outlook, lowering forecasts to 5.8% for FY2025-26

[ad_1] India’s proposed Goods and Services Tax (GST) reforms could help soften the blow of steep US tariffs and give a lift to household spending, BMI, a Fitch Solutions company, said on Thursday.The government is planning to lower tax rates on items commonly used by the public, a move that BMI believes will boost consumption…

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