WASHINGTON, DC – FEBRUARY 13: U.S. President Donald Trump and Indian Prime Minister Narendra Modi meet in the Oval Office at the White House on February 13, 2025 in Washington, DC. Andrew Harnik | Getty Images News The U.S. and India announced a trade deal Monday after months of negotiations, raising hopes for a strategic…
A guard walks past the National Stock Exchange building in Mumbai, India, on February 9, 2018. Danish Siddiqui | Reuters India’s benchmark Nifty 50 stock index rose 5% on open Tuesday, after New Delhi and Washington announced a long-awaited trade deal that saw a sharp cut in U.S. tariffs on Indian exports. U.S. President Donald…
Michele Bullock, governor of the Reserve Bank of Australia (RBA), speaks during a news conference at the bank’s head office in Sydney, Australia, on Tuesday, Apr. 1, 2025. Bloomberg | Bloomberg | Getty Images Australia’s central bank raised its policy rate by 25 basis points to 3.85% on Tuesday, marking the Reserve Bank of Australia’s…
Bombay Gate Gateway of India, Mumbai Arutthaphon Poolsawasd | Moment | Getty Images Asia-Pacific markets rose Tuesday after U.S. President Donald Trump said Washington and India had struck a trade deal and would immediately begin cutting tariffs on each other’s goods. Trump added that Indian Prime Minister Narendra Modi had agreed to step up purchases…
The U.S. and India have reached a trade deal and will immediately move to lower tariffs on each other’s goods, President Donald Trump announced. Prime Minister Narendra Modi also agreed to buy American products “at a much higher level” as part of the agreement, Trump said in a Truth Social post on Monday following a…
China’s President Xi Jinping (R) and Britain’s Prime Minister Keir Starmer shake hands before their meeting at the Great Hall of the People in Beijing on January 29, 2026. Carl Court | Afp | Getty Images Chinese businesses have pledged hundreds of millions of pounds’ worth of investment in the U.K. and struck new partnerships…
Union Finance Minister Nirmala Sitharaman with Union Minister of State for Finance Pankaj Chaudhary and other officials outside the Finance Ministry prior to the presentation of the Union Budget 2026-27 at Kartavya Bhavan on Feb. 1, 2026 in New Delhi, India. Hindustan Times | Hindustan Times | Getty Images India has announced a 20-year tax…
An employee works on a carbon fiber production line at Zhongfu Shenying in Lianyungang, China’s eastern Jiangsu province on July 31, 2025. Str | Afp | Getty Images China’s factory activity gathered speed in January, according to a private survey released Monday, as manufacturers accelerated production and front-loaded shipments ahead of the extended Lunar New…
A study of affluent Chinese released this month by consulting firm Oliver Wyman found that 22% of respondents were negative about the economy when surveyed in May. It just exceeds the 21% seen in October 2022, just before Beijing announced plans to ease its stringent zero-Covid policy. Dukai Photographer | Moment | Getty Images Asia-Pacific…
India’s government plans a modest improvement in its fiscal picture in the coming financial year, with reductions in the fiscal deficit and debt, while boosting manufacturing in sectors ranging from textiles to chips. Finance Minister Nirmala Sitharaman, in her ninth consecutive budget speech, said on Sunday that the government sees its fiscal deficit falling to…
