Indian IT industry body Nasscom has expressed concerns following the White House's September 19 announcement of a new USD 100,000 annual fee on H-1B visa applications, calling the move potentially disruptive to global business continuity and the innovation ecosystem in the United States.<
Fitch Ratings has revised its global GDP growth forecast moderately upward to 2.4 per cent for 2025, an increase of 0.2 percentage points from the June outlook.
US President Donald Trump has confirmed his leading choices to replace the current US Federal Reserve Chair Jerome Powell, naming three of his close aides as top picks for the position, The Hill reported.
He conveniently ignored the economic frictions he has created with certain countries at the global level while taking yet another swipe at the Biden administration in a bid to keep the shine on his tariff policy.
Renowned economist and Columbia University Professor Jeffrey Sachs has strongly criticised the United States administration's tariffs, terming them as pressure tactic on India.
The Bureau of Labor Statistics' monthly labor report Friday showed that the US economy added only 73,000 jobs in July, far below expectations. It also sharply revised down the employment growth that had been previously reported in May and June - by a combined 2,58,000 jobs.
In an exclusive interview with ANI, he said that the tariffs won't have a significant disruptive impact on the US economy, given India's relatively small share of US international trade, around 2.5%.
The recently signed Free Trade Agreement (FTA) between India and the United Kingdom is expected to help India manage the impact of 25 per cent tariff announced by the United States President Donald Trump, noted Economist Dipanwita Mazumdar.
With geopolitical uncertainty rising and the American economy grappling with policy paralysis and sluggish growth, global capital is increasingly flowing toward Europe and Asia, revealed a recent report from Swiss private banking and financial services firm Julius Baer.
Private investors around the world continue to show strong confidence in the United States economy, with the country receiving high foreign inflows in May 2025.
The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported.
Indian stock markets opened on a cautious but positive note on Tuesday, tracking mixed global cues amid rising concerns over tariffs, geopolitical tensions, and fiscal worries in the US economy.