[ad_1] Donald Trump has sought to restructure America’s international trade relationships. (AI image) The Donald Trump administration has lashed out at a US trade court ruling striking down the President’s reciprocal tariffs. The White House has said that the US trade policy will continue and the government is reviewing other avenues as well.The Trump administration…
[ad_1] The US economy contracted at a 0.2% annual pace from January through March, marking the first quarterly decline in three years, as President Donald Trump’s trade policies disrupted business activity. The Commerce Department released the revised estimate Thursday, slightly improving on its initial figure.The drop in gross domestic product (GDP) — the broadest measure…
[ad_1] India is set to be the main engine of global economic growth in 2025 and 2026, according to the World Economic Forum’s (WEF) Chief Economists Outlook report. The report, which surveys leading economists, highlights India’s strong economic fundamentals and positive outlook despite ongoing global uncertainties. “India, the region’s largest economy, looked set to be…
[ad_1] NEW DELHI: Banks will remain closed in Himachal Pradesh on Thursday, May 29 in observance of Maharana Pratap Jayanti, according to the Reserve Bank of India’s (RBI) state-wise holiday calendar.However, banks in the rest of the country will function as usual.Maharana Pratap Jayanti honours the birth anniversary of Maharana Pratap Singh, a legendary Rajput…
[ad_1] NEW DELHI: Sales of heavy construction equipment, a key barometer of growth of infrastructure projects, such as roads and highways, airports, ports, industrial parks and mining, grew at its slowest in the last financial year. Restrictions on the announcement of new projects due to election rules as well as a slowdown in ongoing central…
[ad_1] India’s power demand is projected to grow by 6.0–6.5 per cent annually over the next five years, driven by accelerating electric vehicle (EV) adoption, rapid expansion of data centres, and the development of green hydrogen projects, according to ICRA.“These three segments are expected to contribute to 20–25 per cent of the incremental demand over…
[ad_1] NEW DELHI: With the Income Tax Return (ITR) filing deadline for Assessment Year 2025–26 extended from July 31 to September 15, 2025, a key question has surfaced: will this extension increase the government’s interest liability on tax refunds?TOI reached out to multiple tax experts to understand the implications of this move on both taxpayers…
[ad_1] N Chandrasekaran, Chairman of Tata Sons N Chandrasekaran, Chairman of Tata Sons, has stepped down from his roles as Chairman and Director of Tata Chemicals, effective May 29, 2025. The announcement was made via a regulatory filing, with the Board of Directors acknowledging his resignation during a meeting held on Wednesday, according to news…
[ad_1] India-US trade deal: The focus remains on securing an interim trade arrangement before finalising the first phase of the bilateral trade agreement. (AI image) India-US trade deal: A bilateral trade agreement between US President Donald Trump-led US and PM Narendra Modi-led India could be sealed as early as the end of June. A delegation…
[ad_1] Market experts indicate that volatility is expected to persist short-term. (AI image) Stock market today: Nifty50 and BSE Sensex, the Indian equity benchmark indices, opened in red on Wednesday but the market quickly moved to the green territory. While Nifty50 was above 24,850, BSE Sensex was marginally up. At 9:21 AM Nifty50 was trading…
