Global Economy News
Surprise US-China trade deal gives global economy a big reprieve
The surprise trade deal gives both sides breathing space to find a way to preserve a trading relationship that was threatening to grind to a halt
2 min read12 May 2025US-China trade deal: What transpired in two-day talks? Here's what to expect next
The U.S. and China made significant progress in trade talks, with negotiators reporting productive discussions in Switzerland. Both sides agreed to continue consultations on trade issues, while Trump emphasized the need to reduce the U.S. trade deficit with China amid ongoing tensions.
1 min read12 May 2025How will tariffs dent Asia growth? It’s still too early to tell, IMF official says
If global trade returns to clear rules, the economic blow will be less severe than if tariffs are lowered and new deals are struck, said Thomas Helbling, deputy director of the IMF’s Asia and Pacific Department.
2 min read8 May 2025This isn’t your usual uncertainty. No one can predict where the economy is headed.
United Airline’s decision to issue dual guidance was courageous, Steven Weber writes in a guest commentary.
4 min read25 Apr 2025Trump tariffs: Central banks can’t afford to wait and watch forever
They’ll need to act soon. US President Donald Trump, meanwhile, ought to watch a clip from the Hollywood film ‘Ferris Bueller’s Day Off’ that features a teacher talking about America’s 1930 Smoot-Hawley tariffs.
4 min read22 Apr 2025Global trade shifts offer new opportunities for India–US ties: FM Sitharaman
Highlighting the strength of the India–US partnership, Sitharaman identified semiconductors, nuclear energy, quantum computing, and pharmaceuticals as key sectors for deeper strategic and industrial collaboration.
2 min read22 Apr 2025Why world leaders are pulling their punches in the trade war
As countries negotiate with the Trump administration, they will have to decide whether to stick with that approach or try using retaliation as leverage.
5 min read18 Apr 2025Meloni, Europe’s Trump whisperer, tries her hand on tariffs
The Italian prime minister is the first European leader to meet the U.S. president since he hit pause on tariffs above 10% for most trading partners.
3 min read17 Apr 2025Another IMF loan for Argentina? Its fallout could be ugly
What Argentina’s Milei government has obtained—a $20 billion IMF loan—may prove scandalous for the Fund, given the loan’s doubtful legitimacy and actual purpose. It may also set a precedent that proves costly for the world.
4 min read14 Apr 2025TCS defers wage hike: What does it signal for IT sector employees & economy?
TCS has postponed wage hikes for FY26 amid global economic uncertainty, impacting employee morale and potentially the Indian economy. With a strong focus on international markets, TCS's decisions may influence the broader IT sector's approach to wage adjustments.
4 min read11 Apr 2025Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared