IMF, Managing Director Kristalina Georgieva (Photo-AP) The global economy is proving more resilient than expected despite major shocks such as President Donald Trump’s sweeping tariffs, but International Monetary Fund Managing Director Kristalina Georgieva has warned that this strength may not last.“Buckle up,” Georgieva said during a speech at the Milken Institute on Wednesday, AP reported….
Tata Trusts’ infighting and internal discord has prompted the Centre to step in with Home minister Amit Shah and Finance Minister Nirmala Sitharaman meeting top Tata Group leaders in Delhi on Tuesday.According to an ET report, in the meeting which lasted around 45 minutes, the message from the government was clear: stability needs to be…
The German government on Wednesday raised its growth projections, saying Europe’s largest economy is now expected to narrowly avoid stagnation in 2025 before accelerating to 1.3% in 2026. The previous forecast in April had predicted zero growth for 2025 this had been upgraded to 0.2%,, while the estimate for next year has been upgraded from…
Gold rate today:Gold prices surged for the third consecutive day, rising Rs 2,600 to a fresh lifetime high of Rs 1,26,600 per 10 grams in the national capital on Wednesday, reflecting strong global trends amid geopolitical uncertainties triggered by the prolonged US government shutdown. The precious metal has gained Rs 6,000 over the past three…
US President Donald Trump’s ‘Liberation Day’ tariffs have brought limited tariffs for the United States even after six months of introduction, former IMF deputy managing director Gita Gopinath said.In a post on X, the she explained that while the tariffs have significantly boosted government revenue, the gains have come largely at the expense of domestic…
Navi Mumbai International Airport Navi Mumbai International Airport was on Wednesday inaugurated by Prime Minister Narendra Modi. The new greenfield airport has been built under the Public Private Partnership (PPP) model by the Adani Group.PM Modi inspected the newly-constructed Navi Mumbai International Airport as part of its inauguration. The airport will be thrown open to…
Anthropic, the artificial intelligence major behind coding assistant Claude, said it will open an office in Bengaluru in early 2026, expanding its global footprint as international demand for its models continues to rise. The Bengaluru centre will be its second office in Asia-Pacific after Tokyo, which opens later this year.The move follows the San Francisco-based…
MUMBAI: UK-based Revolut, which provides banking and cross-border payment services, has unveiled its India launch at the Global Fintech Fest (GFF 2025). The company aims to onboard 20 million Indian customers by 2030. The first set of Revolut cards in the country will operate on the Visa network. The platform integrates UPI, domestic prepaid Visa…
DGGI commenced their investigation based on confidential information suggesting Infosys had sought improper ITC refunds. Infosys, India’s second-largest IT services exporter, has been issued a showcause notice over alleged ineligible refunds. The GST Intelligence wing (DGGI) has reportedly served Infosys with a notice questioning their claim of input tax credit (ITC) refunds amounting to Rs…
Bajaj Finserv has rebranded its insurance businesses as Bajaj General Insurance and Bajaj Life Insurance, launching the campaign “100% Bajaj. Made in India. Made for India. Made by India” to signal its commitment to policyholders, business partners, and expanding insurance penetration. The group has received regulatory approvals from the ROC, CCI, and IRDAI to acquire…
