NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi slammed the BJP-ruled central government over falling rupee and called it “clear signs” that inflation was inevitable. He criticised the Centre’s “empty rhetoric” as the country faces economic restrain due to LPG shortage amid West Asia crisis. He claimed that petrol, diesel, and LPG prices…
With tensions escalating in West Asia, the International Monetary Fund on Tuesday said it is closely tracking the situation but cautioned that it is “too early to assess the economic impact on the region and the global economy,” as disruptions to trade and energy markets intensify.In a statement, the IMF said it has “observed disruptions…
Visa restrictions cause 17% decline in US international student numbers, impacting economy significantly New international student enrolment at US colleges fell sharply this fall, potentially costing the economy nearly $1 billion, according to multiple reports. The decline comes amid ongoing visa restrictions and changes in government policies affecting foreign students.The fall 2025 semester saw a…
What happens when a nation that once sold itself as the world’s most ambitious classroom begins to dim its own beacon? On American campuses this fall, the silence spoke louder than any policy memo. Dormitories that once echoed with multilingual chatter have fallen noticeably quieter; the corridors of public universities—a lifeline for many struggling state…
Asian equities climbed on Monday, supported by optimism that a US government shutdown may be avoided and recovering from last week’s concerns over AI valuations.Hong Kong’s HSI climbed to 26,409, up 167 points or 0.64%. Kospi traded up 112 points or 2.8%, reaching 4,065. In Japan, Nikkei gained 490 points or 0.98% to stand at…
US President Donald Trump on Thursday responded to Russian President Vladimir Putin’s claim that US sanctions would not impact Russia’s economy. Trump said he was “glad” that Putin held such a view but suggested that the true effects would become clear over time. ‘Don’t Poke The Bear’: Putin FIRES At Trump’s Sanctions, EU Toilet Ban;…
Russian President Vladimir Putin on Thursday admitted that the latest round of US sanctions under President Donald Trump were “serious” and would have “certain consequences” for Russia, though he insisted they would not cripple the economy.“They (sanctions) are serious for us, of course, that is clear. And they will have certain consequences, but they will…
NEW DELHI: As Bharatiya Janata Party and NDA leaders hailed Prime Minister Narendra Modi’s address to the nation while crediting him for the Next Gen GST reforms, the opposition on Sunday criticised the speech, claiming that the reforms were inadequate and came too late.After PM Modi’s address to the nation, Congress president Mallikarjun Kharge asked…
NEW DELHI: The finance ministry on Wednesday cautioned that while the immediate impact of US tariffs on Indian exports may be limited, their secondary and long-term effects could pose significant challenges. The remarks come as Washington’s 50% duties on Indian goods took effect from August 27, covering exports worth over $48 billion.The ministry’s monthly economic…