Image for representational purposes only. | Photo Credit: Reuters India’s state-owned refiners trimmed down purchases of Russian oil by more than 45% between June and September this year, according to data from real-time maritime and analytics provider Kpler. Speaking to The Hindu, Naveen Das, Senior Crude Oil Analyst at Kpler said state-owned refiners took 600…
The story so far The Royal Swedish Academy of Sciences on Monday (October 13, 2025) announced that it had decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, popularly called the Nobel Prize in Economics, to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic…
The Royal Swedish Academy of Sciences has decided to award the 2025 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel to Joel Mokyr, Philippe Aghion and Peter Howitt “for having explained innovation-driven economic growth”. One half of the prize will go to Mokyr “for having identified the prerequisites for sustained growth through…
China’s exports to the United States have fallen for six months straight. File | Photo Credit: Reuters China’s exports to the United States fell 27% in September (2025) from the year before, even though growth in its global exports hit a six-month high. Customs figures released on Monday (October 13, 2025) showed that China’s worldwide…
By staying patient, informed and disciplined, you can break the loop of ‘artificial demand’ and avoid inflated prices. Allow time for the situation to settle. File. | Photo Credit: Reuters On September 19, U.S. President Donald Trump signed a proclamation raising the annual fee for H-1B visas to a staggering $1,00,000 a year. Almost instantly,…
India must negotiate carefully and on equal terms for its own trade deal with the U.S. File. | Photo Credit: The Hindu The lesson India should learn from U.S. President Donald Trump’s latest tariffs on Chinese goods is that no deal with the U.S. is final and that India should focus on building self-reliance while…
Indian and EU officials remained confident that a trade deal between the two sides could be concluded by the end of the year, as the 14th round of negotiations drew to a close on Friday (October 10, 2025) in Brussels. “I can’t imagine a scenario where we’re not close to or have not concluded the…
India is poised to contribute about one-fifth of the world’s GDP growth on the back of robust domestic demand and prudent macroeconomic and financial sector policies, which enabled it to withstand “external shocks”, Shaktikanta Das, the Principal Secretary-2 to PM Narendra Modi, said. Addressing an event in Pune on Saturday (October 11, 2025), he…
Wall Street, New York Stock Exchange (NYSE) in New York City, U.S.. File | Photo Credit: Reuters Investor worries that Wall Street’s record stock rally would soon fizzle loomed large on Friday (October 10, 2025) after tariffs re-emerged as a market risk. U.S. equity markets, fresh off midweek record highs, performed an about-face during the…
Indian currency notes are displayed on top of a newspaper at a roadside currency exchange stall, in the old quarters of Delhi, India, September 24, 2025. REUTERS/Anushree Fadnavis | Photo Credit: Reuters The rupee appreciated 10 paise to close at 88.69 (provisional) against the U.S. dollar on Friday (October 10, 2025), on strength in the…
