US President Donald Trump and Prime Minister Narendra Modi have recently indicated an improvement in relations. (AI image) With US President Donald Trump saying that the trade deal negotiations between India and America will continue, a key government official has struck an optimistic note on issues being sorted out.The US Commerce Secretary Howard Lutnick expressed […]
US markets today: Stocks hover near records after consumer inflation data rise; global cues mixed
Wall Street traded near record highs on Thursday as fresh US economic data reinforced expectations that the Federal Reserve will cut interest rates next week to support growth. The S&P 500 rose 0.3% in early trade after setting new records in the last two sessions, while the Dow Jones Industrial Average advanced 95 points and […]
US inflation data: Consumer prices rise to 2.9% in August, core inflation hits 3.1%
US consumer inflation rose to its highest level since January at 2.9% in August, government data showed on Thursday, but analysts expect the Federal Reserve to proceed with an interest rate cut next week.According to the Labor Department, the consumer price index (CPI) accelerated from 2.7% in July on a year-on-year basis, with President Donald […]
Indian real estate: Sector draws $80bn institutional inflows since 2010; CREDAI-Colliers project $5-10tn size by 2047
The Indian real estate sector has attracted nearly $80 billion in institutional investments over the last 15 years, with foreign investors contributing a strong 57 per cent share, according to a joint report by CREDAI and Colliers India.Realtors’ apex body CREDAI and real estate consultant Colliers released the report, titled ‘Indian real estate: Fostering equity […]
US raid on Hyundai-LG plant: Donald Trump offered detained South Korean workers a chance to stay; only one accepted
Donald Trump offered detained South Korean workers a chance to stay US President Donald Trump had offered hundreds of South Korean workers arrested during a Georgia immigration raid the opportunity to remain in the United States but nearly all opted to return home, South Korean officials said on Thursday. As per news agency Reuters, only […]
$4 billion P-8I naval aircraft defence deal: US team may come to India to negotiate sale; talks amid fresh trade deal push
The discussions will focus on India acquiring six P-8I naval patrol aircraft. (File photo) Amid signs of progress in India-US trade deal talks, a US team of defence officials and Boeing representatives is likely to visit India next week for talks on a multi-billion dollar deal for patrol aircraft.According to a Bloomberg report, officials from […]
Provident Fund withdrawals by ATM, bank-like seamless transactions: EPFO may rollout benefits before Diwali; check details
The EPFO may consider the EPFO 3.0 initiative at its meeting next month, aiming to introduce facilities similar to banking services. (AI image) In a big cheer for Provident Fund subscribers, the Employees’ Provident Fund Organisation (EPFO) may roll out features like withdrawals from ATMs and ban-like transactions ahead of Diwali.The meeting, to be chaired […]
‘Progress is being made’: Piyush Goyal says ‘first tranche’ of India-US trade deal likely by November; Trump-Modi signal thaw in ties
India-US trade deal talks India-US trade deal: Commerce Minister Piyush Goyal on Thursday exhibited confidence that India and the US will be able finalise the first tranche of a trade deal by November this year.During a press briefing in Patna, Piyush Goyal said, “In February 2025, Prime Minister Narendra Modi and President Trump together instructed […]
India-US trade deal: India’s chief trade negotiator may travel to America next week; Modi-Trump call likely soon
Rajesh Agarwal, the chief trade negotiator, will travel to Washington for continued discussions with American officials. (AI image) Amidst signs of thaw in the India-US trade deal issues, government officials are likely to travel to America next week. The recent social media post exchanges between Prime Minister Narendra Modi and US President Donald Trump indicate […]
Hyundai-LG site raid: South Korea warns US action may affect future investment; President Lee terms it ‘bewildering’
File photo: South Korean President Lee Jae Myung (Picture credit: AP) South Korean President Lee Jae Myung on Thursday warned that a large-scale US immigration raid at a Hyundai-LG battery plant under construction could have serious repercussions on future South Korean investments in America.The operation in Georgia, which saw hundreds of South Korean workers chained […]