BUSINESS
Trump Proposes 50% Tariffs on EU and 25% Penalties on Apple
As reported by The Associated Press, these threats, sent on social media, illustrate Trump's special ability to unsettle the worldwide economy with the simple click of a keyboard.
IMF Defends Pakistan Bailout Package Following India’s Objections
The IMF recently cleared a $1 billion (about ₹8,000 crore) financial package for Pakistan, even as New Delhi expressed serious objections to the move.
Fitch Raises India’s 5-Year Growth Outlook to 6.4%
The upward revision is made at a time when the country's labor force participation rate has shown a sharp increase in the recent years.
India's Oil Demand Set to Outpace China's in the Coming Decade, Says Moody's
China and India are currently the world's second and third-largest consumers of oil, respectively. But Moody's points out major distinctions in how demand is going to develop in these two nations.
RBI Highlights India’s Resilience Amid Global Economic Uncertainties Impacting Advanced Economies
The central bank said that while a temporary truce on tariffs brought some relief in the face of continued challenges, the general outlook for the global economy continues to be weak.
RBI Set to Transfer Record Rs 2.5-3 Lakh Crore Dividend to Government, Boosting Fiscal Strength
This upcoming dividend is a huge jump from the dividend of Rs 2.1 lakh crore paid last year.
IndusInd Bank Posts Rs 2,329 Crore Q4 Loss, Plans Fresh CEO Nominations
This major loss is in the context of a derivatives accounting shortfall that has taken an enormous toll on the bank's net value.
Report Forecasts India’s Q4 FY25 GDP Growth at 7.2%
Our numbers show agricultural expansion is going to be better year-on-year, driven by preliminary crop production data underlining record wheat production. We hence predict growth in agriculture GVA in Q4 at 5.8%, which is higher than 5.6% in Q3," said Aastha Gudwani, Chief Economist for India at Barclays.
Mankind Pharma Reports 10.7% Decline in Q4 Net Profit
This decline in profitability came even as the company posted strong revenue growth and continued growth in its chronic therapy and consumer healthcare business segments.
Union govt to take decision on deal with Turkish carrier: Indigo
Speaking on Wednesday at a media conference on IndiGo's fourth quarter and full fiscal year 2024-25 financial results, Elbers said, "It is necessary to note that the operation to Istanbul is being done in light of the Air Service Agreement (ASA) between Turkey and India. IndiGo is in complete adherence to all regulation systems and regulations which exist. We have had thousands of Indian passengers booked primarily beyond Istanbul."
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