Donald Trump defends sweeping tariffs as ‘beautiful thing’ amid global economic concerns

Donald Trump defends sweeping tariffs as ‘beautiful thing’ amid global economic concerns

US President Donald Trump (File photo) United States President Donald Trump doubled down on his tariff move, calling the retaliatory duties a “beautiful thing” that the Americans would “realise someday”.Trump said the US has a “massive financial deficit with China, the European Union and many others”, accusing predecessor Biden of growing surplus.“We have massive Financial … Read more

‘Economic metric will always be higher than in previous years’: P Chidambaram responds to PM Modi on Tamil Nadu funds | India News

‘Economic metric will always be higher than in previous years’: P Chidambaram responds to PM Modi on Tamil Nadu funds | India News

PM Modi and P Chidambaram NEW DELHI: Congress veteran and ex-Union finance minister P Chidambaram on Sunday argued that “economic metric will always be higher than in the previous years,” as he responded to Prime Minister Narendra Modi’s statement that the current National Democratic Alliance (NDA) government at the Centre allocated more funds to Tamil … Read more

US economic slowdown fears escalate as trade war and debt woes weigh on markets

US economic slowdown fears escalate as trade war and debt woes weigh on markets

The US economy is facing increasing fears of a slowdown, with stock markets spiralling downward amid growing concerns over President Donald Trump’s escalating trade war. The Nasdaq Composite has entered correction territory, falling more than 10% from recent highs, while the S&P 500 teeters on the edge of the same level. The Dow Jones Industrial … Read more

Economic affairs secretary Ajay Seth gets additional charge of revenue | India News

Economic affairs secretary Ajay Seth gets additional charge of revenue | India News

NEW DELHI: Economic affairs secretary Ajay Seth has been given additional charge of the revenue department, according to an official order on Saturday. The vacancy at the revenue department was created after former finance secretary Tuhin Kanta Pandey was appointed chairman of market regulator – Securities and Exchange Board of India (Sebi). Pandey held the … Read more

Nirmala Sitharaman on India’s economic roadmap: Fiscal consolidation, growth strategies and global challenges | India News

Nirmala Sitharaman on India’s economic roadmap: Fiscal consolidation, growth strategies and global challenges | India News

NEW DELHI: Union finance minister Nirmala Sitharaman on Sunday outlined India’s economic trajectory, fiscal policies, and key government initiatives after she presented the 8th consecutive union budget a day earlier.Sitharaman reaffirmed the Centre’s commitment to fiscal consolidation while ensuring economic growth, infrastructure expansion, and sectoral support. Addressing global economic challenges, she detailed strategies to navigate … Read more