LiveJapan’s Economic Slowdown Began Before Trump’s Tariffs: Report
Japan’s economy likely contracted 0.3% in the year’s first quarter, showing weakness even before US tariffs took effect. The potential contraction could hurt the Bank...
Category : ECONOMY
India-UK Trade Pact Signals Globalisation Still Thriving
After three years of talks, India and the UK finally signed a trade deal, showing that globalisation continues despite global uncertainty and shifting politics. The...
Cabinet Clears Revised SHAKTI Policy for Coal Supply to Power Sector
Cabinet Committee on Economic Affairs, chaired by PM Modi, approved the revised SHAKTI policy for coal allocation to the power sector on 7th May. The...
Spain Blackout Cost Economy €400 Million, Says Top Bank
Spain’s biggest blackout caused an estimated €400 million ($454 million) loss to the economy, according to CaixaBank. Consumer spending dropped 34% on April 28, the...
India’s Manufacturing PMI Hits 10-Month High in April
India’s manufacturing sector posted its strongest growth in 10 months in April, driven by strong demand and higher orders from domestic and international markets. The...
GST Collections Hit Record Rs 2.37 Lakh Crore in April, Up 12.6%
India’s GST collections hit a record high of Rs 2.37 lakh crore in April, rising 12.6% year-over-year. In April 2024, GST mop-up stood at Rs...
Private Sector Capex Expected to Drop 25% in FY26, Government Survey Says
According to a survey by the Ministry of Statistics, private sector capex is expected to drop by 25% in FY26. Private firms plan to spend...
India to Export 4.12 Lakh Tonnes of Green Hydrogen Derivatives to Japan, Singapore
MNRE Minister Pralhad Joshi launched India’s Green Hydrogen certification scheme to standardise production and export processes. The scheme outlines clear methods for measuring, monitoring, verifying,...
China Reaffirms Economic Support Amid New US Tariffs
China has reiterated plans to boost support for jobs and the economy as its trade tensions with the Trump administration continue with no resolution. Officials...
China Halts Rare Earth Magnet Supply to India, EV Makers Face Setback
Indian EV and auto component manufacturers face production challenges as China halts rare earth magnet exports to India from 4th April. Rare earth magnets are...