Indian economy resilient: GDP likely to grow 6.5% in FY26 despite global shocks, says EAC-PM chief S Mahendra Dev

[ad_1] India’s economy is expected to grow at 6.5% in FY26 despite global geopolitical tensions and trade policy uncertainty, according to S Mahendra Dev, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM).In an interview with PTI, Dev said the outlook is supported by a combination of domestic tailwinds such as low inflation,…

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Donald Trump announces new deal! Indonesia faces reduced 19% tariff rate; to buy $15 billion in US energy, 50 Boeing jets & more

[ad_1] File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump on Tuesday declared a sweeping new trade deal with Indonesia, dramatically slashing tariffs on its exports to 19 per cent, down from the previously threatened 32 per cent, while unlocking full market access for American goods in the Southeast Asian nation.Announcing…

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‘Going to have access into..’: Donald Trump shares update on India-US trade deal after Indonesia tariff agreement; says ‘working on same line…’

[ad_1] Trump administration is reportedly mulling a trade deal in which India will likely face tariffs of less than 20%. India-US trade deal: US President Donald Trump on Tuesday said that America is working on a deal with India which gives greater access to Indian markets. Trump’s comments came on the back of a trade…

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Energy security: Global crude oil prices have remained relatively stable, says Hardeep Singh Puri; India eyes geothermal push

[ad_1] Union minister Hardeep Singh Puri (Pic credit- ANI) Petroleum and Natural Gas minister Hardeep Singh Puri on Monday said that global crude oil prices have remained relatively stable despite persistent geopolitical tensions, suggesting that the world has sufficient energy resources to meet demand.“There are many things that have an impact on crude prices. People…

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Currency watch: Rupee rises 16 paise to 85.76 against dollar; crude oil slide & weak greenback lift sentiment

[ad_1] The rupee appreciated by 16 paise to settle at 85.76 against the US dollar on Tuesday, helped by a weaker greenback and softer crude oil prices globally. However, persistent foreign fund outflows and uncertainty surrounding the ongoing India-US trade negotiations limited the currency’s upward movement, according to forex dealers.At the interbank foreign exchange market,…

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Nvidia’s China chip approval: Company wins US nod to export AI chips to China, says H20 shipments to start soon

[ad_1] Nvidia CEO Jensen Huang said the company has secured approval from the Trump administration to begin selling its advanced H20 chips to China, paving the way for resumed exports of its AI hardware to a key international market.“The US government has assured Nvidia that licenses will be granted, and Nvidia hopes to start deliveries…

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US market today: Nvidia boost lifts Nasdaq while inflation, bank earnings drag Dow Jones index

[ad_1] US stock markets opened mixed on Tuesday as a rally in technology shares led by Nvidia offset concerns over inflation and weaker-than-expected bank profitability. The S&P 500 inched up 0.2%, hovering near its record high from last week, while the Dow Jones Industrial Average slipped 88 points, or 0.2%. The tech-heavy Nasdaq gained 0.6%.Nvidia…

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