us gdp

The US is bolstering its presence in Poland with an additional 5,000 troops, recognizing Warsaw's escalating importance in regional security. Poland, already hosting 10,000 American soldiers, is rapidly militarizing, investing heavily in advanced weaponry from the US and South Korea.

Union Minister Piyush Goyal addressed concerns over the rupee's decline and widening current account deficit, stating the government is considering measures to manage the situation. He also highlighted significant US investment commitments and confirmed ongoing trade deal discussions are proceeding as scheduled.

Gold price prediction today: Despite some correction, gold prices are broadly seeing a bullish rise in prices, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services Ltd.

For fuel, price hikes will do the job. For rupee, a hike in interest rates, one-time dollar bonds issue for NRIs & capital gains tax rejig will do the trick. Remember, our macros are just fine

India’s pharmaceutical & software entrepreneurs show how economic strength matters in disrupted geopolitics. We should build such partnerships across the economy to navigate global headwinds

Gold prices are expected to remain steady this week, influenced by US-Iran talks and upcoming US economic data. Silver, however, may continue to outperform due to geopolitical tensions and high crude oil prices. Investors await signals on the Federal Reserve's next policy move amidst shifting statements from Washington and Tehran.

The International Monetary Fund (IMF) has allocated $695 million to support Sri Lanka's recovery efforts following Cyclone Ditwah and the ongoing crises in West Asia. While the country faces significant challenges, its commitment to economic reforms demonstrates remarkable resilience. Unfortunately, the escalating conflict has intensified economic difficulties, with growth anticipated to decelerate.

China's economic recovery is facing headwinds as factories slow and consumer spending falters, with April data revealing a significant slowdown. Weak domestic demand, coupled with a challenging global environment marked by geopolitical conflicts and rising energy costs, is squeezing growth. While exports remain strong, they are insufficient to offset internal weaknesses, prompting concerns about the need for further policy support.

In a recent statement, RJD leader Tejashwi Yadav launched a scathing attack on the NDA government, pointing to soaring inflation rates and rampant unemployment as indicators of its failing economic strategies. He expressed deep concern over the escalating prices of basic necessities that are straining the finances of families—especially the less affluent and middle-class citizens in Bihar.

Nvidia CEO Jensen Huang issued a stark warning: failing to embrace AI could cost jobs. He believes AI will automate routine tasks, boosting creativity and decision-making, potentially doubling global GDP. Huang also admitted Nvidia has largely lost China's AI chip market to Huawei due to US restrictions, with their market share dropping to zero.

Gold price prediction today: Gold prices may gain if oil prices fall, but the rise is likely to be capped, says Praveen Singh, Head Currencies and Commodities, Mirae Asset ShareKhan.

Global powers are now vying for India's attention, recognizing its growing influence. While the US seeks to bolster trade, India has been actively forging significant trade agreements, positioning itself as a reliable and indispensable partner in a shifting geopolitical landscape.

Delhi's IGI Airport, managed by GMR Group, has expanded its capacity to handle 10.5 crore passengers annually, with current traffic at 7.9 crore. The airport is prioritizing an automated people mover and enhancing city-side connectivity. Despite short-term impacts from geopolitical events, GMR remains bullish on India's aviation growth.

India's economy has faced significant challenges from global oil price surges over the past fifty years. From the 1973 Arab embargo to the recent Hormuz disruption, these shocks have impacted inflation and foreign exchange reserves. Policymakers have continuously adapted strategies to manage these crises, balancing economic stability with consumer needs.

Oil prices surged over 2% on Monday, driven by escalating Middle East tensions and stalled de-escalation efforts. Reports of a nuclear power plant attack and potential US military options against Iran further unsettled markets. Both Brent and WTI crude saw significant gains, continuing a sharp rally from the previous week.

Experts believe that the RBI’s record surplus transfer will offer only partial support to the government’s strained fiscal position amid the continuing crisis in West Asia.

To secure supplies amid restrictions in the Strait of Hormuz, India increased purchases of Russian Urals crude after the temporary easing of US sanctions, according to available data up to April.

Moody's chief economist Mark Zandi warns of a 40% recession risk in the US within a year, citing 'counterproductive policy choices' like tariffs and restrictive immigration. He suggests abandoning these policies, ending the Iran war, and letting the Fed maintain steady interest rates could avert a downturn, despite slowing job growth.

The CEA’s words could not be more direct and the situation the world’s sixth largest economy faces is by no means small. Several macroeconomic indicators are in focus; inflation, health of the current account, and the exchange rate.

GOI should let the economy adjust to new energy market realities, and raise pump prices. Lower domestic fuel consumption will also mean less dollar demand & help shore up the rupee

Every Re 1 hike in petrol, diesel, CNG, and LPG costs feeds into inflationary pressures in the economy, and also indirectly impacts discretionary spending, hence hitting growth channels.

They are today the drivers of the country’s services exports and GDP growth; they are doing cutting-edge tech work; India needs a GCC policy to make them catalyse our educational and research institutions, and our deeptech startup ecosystem

Rupee depreciation is not new, what is new however is the rapid pace at which it is falling. It’s the biggest risk for India’s external sector resilience at the moment. In just over a year, the rupee has depreciated over 14%.

SpaceX made $19bn, lost $5bn, and is asking investors to find $2trn of value somewhere between Starlink, AI, Mars and vibes

But Delhi policy wonks just don’t get it. These centres today are drivers of services exports & GDP growth. Now, India needs a policy to make them catalyse our educational, research, and deep-tech ecosystem