Last Updated:August 13, 2025, 11:59 IST Trump’s sweeping tariffs are adding to rising prices, slowing job growth, and prompting warnings of stagflation, with Americans bearing the cost US consumer prices are on the rise again, and a large part of the reason lies in President Donald Trump’s sweeping trade policies. (Reuters File) US consumer prices…
US President Donald Trump NEW DELHI: US President Donald Trump on Tuesday claimed that his tariffs on India for purchasing Russian oil delivered a “big blow” to Moscow’s economy.Addressing a press briefing, Trump referred to India as Russia’s “largest or second-largest oil buyer” and asserted that the 50% tariffs on India have hit the Russian…
Wall Street stock indices rebounded on Monday after a steep Friday sell-off, as optimism for an earlier Federal Reserveinterest rate cut prevailed. At 9:33 AM, the Dow Jones Industrial Average rose 301.22 points, or 0.69%, to 43,889.80, the S&P 500 gained 48.91 points, or 0.78%, to 6,286.21 and the Nasdaq Composite was up 205.12 points,…
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open on a muted note on Wednesday, following mixed global market cues. Asian markets traded mixed, while the US stock market ended lower amid cautiousness over US tariffs and Federal Reserve policy. On Tuesday, the Indian stock market ended…
With the clock ticking toward the August 1 trade deadline set by the Trump administration, the prospects of a last-minute mini trade deal between India and the United States are growing dim. Multiple rounds of negotiations have failed to break the deadlock, primarily centered on India’s reluctance to grant market access to American agricultural and…
US trading partners trying to navigate the final weeks of negotiations before President Donald Trump’s so-called reciprocal tariffs hit are facing a leader who has made clear he’s lost patience with talks. Even as negotiators from Brussels to New Delhi are racing to find a way out of the punishing levies he’s floated, Trump continued…
As Russian President Vladimir Putin and Chinese leader Xi Jinping skip the BRICS Summit in Brazil, here’s how the expansion of the group has led to the emergence of an ideological divide. read more As Brazil gears up to host the BRICS Summit 2025, two of the most prominent members of the group, leaders from…
Wall Street stocks gained on Tuesday as investors awaited the outcome of ongoing trade talks between the United States and China. As of 12:23 PM Eastern time, the S&P 500 was 0.3% higher, the Dow Jones Industrial Average was up 0.1%, and the Nasdaq Composite was 0.3% higher. At 10:03 AM ET, the Dow Jones…
US President Trump (Image credits: AP) A federal court ruled on Wednesday that US President Trump does not have the authority to impose broad tariffs on imports using emergency powers. Markets Cheer As Federal Court Strikes Down Trump’s Global Tariffs In Unanimous Ruling The decision, delivered by a three-judge panel at the Court of International…
US equities mostly rose on Tuesday following benign consumer price inflation data. The Consumer Price Index (CPI) fell to 2.3% in April from a year ago, down from 2.4% in March. At 11:47 AM EDT, the Dow Jones Industrial Average fell 0.21%, the S&P 500 gained 0.93%, and the Nasdaq Composite rose 1.65%. At 10:48 AMEDT, the Dow…
