A potential shift is emerging in U.S. trade and foreign policy following President-elect Donald Trump’s repeated threats to impose sweeping tariffs on Mexico, Canada, and China. These tariffs are presented as solutions to issues like immigration, drug trafficking, and economic imbalances.However, ...
It may be too early to predict how Donald Trump’s second term as president will impact the global oil market. However, his victory, coupled with rising oil production from countries in the Western Hemisphere, is expected to increase oil availability in the international market, which would be bene...
Stocks soared following the election of Donald Trump as the 47th President of the United States. Investors anticipated that the Information Technology (IT) sector would benefit from lower corporate taxes under the Republican regime, with IT stocks leading the rally.Continuing its upward momentum int...
The 2024 Nobel Prize in Literature has been awarded to South Korean writer Han Kang, 53, known for her works including The Vegetarian, The White Book, Human Acts, and Greek Lessons. The Nobel committee recognized her for “her intense poetic prose that confronts historical traumas and exposes the f...
The recent Memorandum of Understanding (MoU) between India and the United States on critical battery minerals represents more than just a bilateral agreement; it signals a deeper alignment between the two nations in their pursuit of sustainable energy solutions.For both countries, this is a strategi...
The latest UK budget represents a departure from previous fiscal documents. In a strategic move, it introduces increased taxes, higher borrowing, and ambitious spending plans.The budget aims to address a sluggish economy through active government intervention, focusing on three key goals: stabilizin...
Sardar Vallabhbhai Patel was instrumental in unifying the princely states to form the Union of India. For his fearless approach and stern appearance, Sardar Patel was regarded as the Iron man of India.Along with this, Vallabhbhai Patel was one of the great social and political leaders of India. He p...
As the U.S. presidential elections draw closer, the economic performance of President Joe Biden and his predecessor, Donald Trump, has come under scrutiny. Both leaders have faced unprecedented challenges that have significantly impacted their economic policies and outcomes.In a world still recoveri...
In July, the U.S. Consumer Price Index (CPI) rose by a modest 0.2%, while the year-on-year increase fell to 2.9%, the lowest since 2021. This development marks a crucial moment for the U.S. Federal Reserve as it must carefully balance the optimism of easing inflation with ongoing challenges that cou...
The Sixth Summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) is scheduled to be held in Thailand in September 2024. Prior to this, the Foreign Ministers’ Retreat took place from July 11-12, 2024, in New Delhi. This retreat serves as a platform fo...
