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India's strong GDP growth fails to boost equity markets amid US tariffs

GDP in India grew at 7.8 per cent in April-June quarter in real terms, but nominal growth, which represents output at current market prices, fell to 8.8 per cent from 10.8 per cent in last 3 months

RBI likely to meet bond market this week to discuss H2FY26 borrowing

The meeting will take place on Wednesday and Thursday, and comes at a time when banks are staring at huge treasury losses from the recent spike in bond yields

Asian shares drop on tech pullback as investors await key US jobs data

The dollar and bonds were little moved ahead of a busy week for data which includes surveys of manufacturing and services, and a range of labour numbers culminating in the August payrolls report

Man arrested after ramming car into gates of Russian consulate in Sydney

Police said a 39-year-old man drove into the consulate gates after refusing to speak with officers, injuring a 24-year-old constable before being arrested

White House moves forward on plans for a Department of War: Reports

Trump raised the idea of rebranding the Defense Department as the 'Department of War' while speaking with reporters in the Oval Office on Monday, saying it 'just sounded to me better'

US continues trade talks despite court ruling on Trump tariffs: USTR

Trump blasted the decision and said he would take the case to the US Supreme Court. The appeals court said his tariffs can remain in effect through October 14 to allow for appeals

US makes it harder for SK Hynix, Samsung to make chips in China

The US Commerce Department had given the companies exemptions to sweeping restrictions created in 2022 on the sale of US semiconductor equipment to China

India committed to improving ties with China: PM Modi to Xi Jinping

PM Modi is in China for the first time in seven years to attend a two-day meeting of the Shanghai Cooperation Organisation, along with Russian President Vladimir Putin

MPL to lay off 60% of local workforce after govt ban on paid gaming

As MPL focuses on free-to-play games and bolsters its business in the U.S. market, the company source said on Sunday it would let go of roughly 300 of its 500 India staff

Europe is hindering Trump's peace efforts on Ukraine, says Kremlin

Kremlin spokesman Dmitry Peskov told Russian state media reporters that the "European party of war" was continuing to hinder U.S. and Russian efforts on Ukraine

20% ethanol fuel cuts mileage but is safe, say automakers amid complaints

India set a 2025 target years ago for 20 per cent ethanol blending in fuel, called E20, as part of Prime Minister Narendra Modi's focus on clean energy

Trump to issue executive order to mandate voter ID for every vote

Trump has long questioned the US electoral system and continues to falsely claim that his 2020 loss to Democratic President Joe Biden was the result of widespread fraud

China's manufacturing activity shrinks for fifth straight month in August

The official purchasing managers' index (PMI) rose to 49.4 in August versus 49.3 in July, remaining below the 50-mark

White House moves forward on plans for 'Department of War': Report

Restoring the Department of War name for the government's largest department would likely require congressional action, but the White House is exploring alternative methods to implement the change

US to proceed with probe of solar imports from India, Laos and Indonesia

Imports from India, Indonesia, and Laos surged to $1.6 billion last year, up from $289 million in 2022, according to the group

US goods trade deficit jumps sharply 22% to $103.6 billion in July

The Atlanta Federal Reserve is currently estimating GDP will increase at a 2.2 per cent rate in the third quarter

France, Germany reject Donald Trump's threats on EU tech legislation

Trump on Monday threatened to slap additional tariffs on all countries with digital taxes, legislation or regulations

EU likely to seek proof of gas origin to enforce Russian energy ban

The European Commission last month proposed legislation to phase out EU imports of Russian oil and gas by January 1, 2028

US consumer spending rises solidly in July as core inflation edges higher

Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.5 per cent last month after an upwardly revised 0.4 per cent gain in June

India's E20 ethanol fuel rollout sparks driver backlash; carmakers worry

India, the world's third largest car market, set a 2025 target years ago for 20% ethanol blending in fuel, called E20, as part of Prime Minister Narendra Modi's focus on clean energy