Economic

US Federal Reserve Shocks Markets with Surprise Interest Rate Hike

In a move that caught many off guard, the US Federal Reserve announced a surprise interest rate hike yesterday, citing ongoing concerns about inflation....

Global Economic Downturn Looms as IMF Warns of Rising Inflation and Trade Tensions

The International Monetary Fund (IMF) has released a report warning of a potential global economic downturn, citing rising inflation and escalating trade tensions as...

Air Travel Outlook: Trade Tensions and Political Uncertainty 

Cast Shadow on Industry Growth The air travel industry is facing headwinds due to trade tensions and political uncertainty, which are expected to dampen demand...

GST Collection Surges to ₹2.01 Lakh Crore in May 2025

India's Goods and Services Tax (GST) collection has crossed ₹2 lakh crore for the second consecutive month, reaching ₹2.01 lakh crore in May 2025....

IndiGo Forges Strategic Partnership with Air France-KLM, Virgin Atlantic, and Delta

In a significant move to expand its global footprint, IndiGo, India's largest airline, has partnered with Air France-KLM, Virgin Atlantic, and Delta Air Lines....

US-China Trade Agreement Sparks Hope Amid Ongoing Tensions

The United States and China have reached a 90-day trade agreement, marking a significant easing of tariffs between the two nations. The deal, brokered...

US Imports Decline Hits West Coast Ports, Economic Ripple Effects Feared

A significant decline in imports at major ports on the West Coast of the United States has raised concerns about the potential impact on...

US Retailers Face Pressure as Trump’s Tariffs Spark Price Hikes

Major US retailers, including Walmart and Adidas, are bracing for impact as President Donald Trump's proposed tariffs on Chinese imports threaten to disrupt the...

BYD Slashes Prices Across Product Range

Chinese electric vehicle giant BYD has reduced prices across its product line, with its entry-level Seagull hatchback model now starting at $9,700. This strategic...

Salesforce Acquires Informatics in $8 Billion Deal to Boost AI and Data Infrastructure

Salesforce has announced its acquisition of cloud data management firm Informatica in an $8 billion equity deal, marking a significant move to strengthen its...

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