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Highlights from India budget 2015/16 that begins on April 1

Feb 28, 2015 10:25 am UTC| Economy

FISCAL DEFICIT Fiscal deficit seen at 3.9 percent of GDP in 2015/16 Will meet the challenging fiscal target of 4.1 percent of GDP Remain committed to meeting medium term fiscal deficit target of 3 percent of...

Eurozone Trade Balance- a Geographic View

Feb 16, 2015 11:16 am UTC| Economy

Euro area posted a record trade balance at 194.8 billion, shows the latest data published from Euro stat. Positive trade balance is very favorable for any country and euro area especially Germany remains robust from this...

Trump Escalates U.S.-China Trade War With 84% Tariff Hike

| Politics Economy

U.S. President Donald Trump has intensified the ongoing trade war with China by signing an executive order late Tuesday imposing a steep 50% additional tariff on Chinese imports. The new move raises the total reciprocal...

[Repeated]Asian Stocks Plunge as Trade Tensions Mount and Recession Fears Trigger Global Selloff.

| Economy

Asian stock markets plunged Monday amid intensifying recession fears and escalating trade tensions, as the White House stood firm on its tariff plans. Investors increasingly bet on aggressive U.S. rate cuts, with futures...

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| Economy

Bank Indonesia (BI) is expected to keep its benchmark seven-day reverse repurchase rate at 5.75% on Wednesday, prioritizing rupiah stability amid global trade uncertainties. A Reuters poll conducted from March 1017 found...

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| Economy Politics

Greenland is seeing a surge in tourism following U.S. President Donald Trumps renewed interest in the island and the opening of a new international airport in Nuuk. Boat tour operator Ivik Knudsen-Ostermann of Greenland...

New Zealand’s Economy Rebounds Faster Than Expected, But Rate Cuts Still on Track

| Economy

New Zealands economy expanded faster than anticipated in Q4 2024, pulling the country out of recession. GDP grew 0.7% from the previous quarter, exceeding forecasts of 0.4% and the Reserve Bank of New Zealands (RBNZ) 0.3%...

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Economy

Supreme Court Showdown: Trump's Sweeping Tariffs on the Brink of Landmark Ruling

On the legality of President Trumps extensive tariffs applied under the International Emergency Economic Powers Act (IEEPA), the U.S. Supreme Court is set to release a much-awaited decision as early as today, January 9,...

U.S. Dollar Edges Higher as Markets Await Jobs Data and Supreme Court Tariff Ruling

The U.S. dollar traded modestly higher on Friday, though overall foreign exchange market activity remained subdued as investors awaited two major catalysts: the release of the closely watched U.S. nonfarm payrolls report...

EU Set to Approve Historic Mercosur Trade Deal Amid Farmer Protests

European Union nations are expected to approve the signing of the blocs largest-ever free trade agreement with the South American Mercosur group, marking a major milestone more than 25 years after negotiations began. The...

Japan Proposes Tougher Foreign Investment Rules to Protect Economic Security

Japan is moving to tighten its foreign investment screening framework, proposing new powers that would allow authorities to order foreign investors to retroactively divest acquisitions deemed a risk to national or economic...

India-US Trade Deal Stalled as Modi-Trump Call Never Happened, Says US Commerce Secretary

Indias long-anticipated trade pact with the United States was delayed due to a breakdown in high-level communication, according to US Commerce Secretary Howard Lutnick, who said Prime Minister Narendra Modi did not place a...

Politics

Honduran Opposition Lawmaker Injured Amid Post-Election Tensions

Honduras political crisis deepened on Thursday after opposition lawmaker Gladis Aurora Lopez was injured when an explosive device was thrown near her inside the National Congress, according to a statement from her...

U.S. Weighs Direct Payments to Greenlanders Amid Renewed Push to Acquire Strategic Arctic Island

U.S. officials have reportedly discussed the possibility of offering lump-sum payments to residents of Greenland as part of a controversial effort to encourage the island to break away from Denmark and potentially align...

Trump Signals Willingness to Let New START Treaty Expire, Raising Global Nuclear Arms Concerns

U.S. President Donald Trump has indicated he is prepared to allow the last remaining U.S.-Russia strategic arms control treaty, known as New START, to expire without accepting a Russian proposal to voluntarily extend...

Canada and Brazil Call for Peaceful Venezuelan Transition After U.S. Military Raid

Canadian Prime Minister Mark Carney and Brazilian President Luiz Inácio Lula da Silva held talks on Thursday to discuss the escalating situation in Venezuela, reaffirming their shared support for a peaceful,...

Trump Says Taiwan Decision Is “Up to Xi,” Warns Against Changing Status Quo

U.S. President Donald Trump said it is ultimately Chinese President Xi Jinpings decision how China handles Taiwan, but warned he would be very unhappy if Beijing moved to change the current status quo. The remarks were...

Science

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Technology

xAI Cash Burn Highlights the High Cost of Competing in Generative AI

Elon Musks artificial intelligence startup, xAI, is rapidly emerging as a major player in the generative AI race, but new reports highlight the enormous financial costs behind that ambition. According to Bloomberg News,...

Nvidia Appoints Former Google Executive Alison Wagonfeld as First Chief Marketing Officer

Nvidia (NASDAQ: NVDA) has taken a significant step in strengthening its leadership team by appointing a senior Google (NASDAQ: GOOGL) executive as its first-ever Chief Marketing Officer, signaling a strategic move as the...

EU Orders Elon Musk’s X to Preserve Grok AI Data Amid Probe Into Illegal Content

The European Commission has ordered Elon Musks social media platform X, formerly known as Twitter, to retain all internal documents and data related to its built-in artificial intelligence chatbot, Grok, until the end of...

SK Hynix Shares Hit Record High as AI Memory Demand Fuels Semiconductor Rally

Shares of South Korean memory chip giant SK Hynix surged to a fresh all-time high on Thursday, reflecting growing investor optimism around booming demand for artificial intelligence (AI) memory products and a strengthening...

OpenAI Sets $50 Billion Stock Grant Pool, Boosting Employee Equity and Valuation Outlook

OpenAI has reportedly established a massive $50 billion employee stock grant pool, a move that underscores the companys aggressive strategy to attract, retain, and reward top talent as it continues to scale its artificial...
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