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Global growth will slow sharply this year as trade disruptions triggered by sweeping US tariffs increase uncertainty and fragment markets, the World Bank warned in its latest economic outlook released Tuesday.The multilateral lender cut its 2025 global GDP growth forecast to 2.3%, down from the 2.7% estimated in January, citing a weakening trade environment and…

Investors are watching China-US trade talks in London that could have a huge impact on the global economy as early trading on Wall Street was mostly flat. Futures for the S&P 500 and the Nasdaq each inched up 0.1% before the bell Tuesday, while futures for the Dow Jones Industrial Average were essentially flat.A second…

Corporate India is expected to maintain a steady pace of hiring during the July–September 2025 quarter, with strong employer confidence in sectors such as IT, energy, and financial services helping offset global trade headwinds, according to the ManpowerGroup Employment Outlook Survey released on Tuesday.The report pegs India’s Net Employment Outlook (NEO) at 42%, the second…

The sovereign green bonds (SGrBs) worth Rs 5000 crore will be re-issued as part of the upcoming government securities (G-Secs) auction scheduled for June 13, 2025, the Central bank RBI announced the re-issue ofThe total notified amount for sale is Rs 30,000 crore, which includes Rs 5,000 crore of 6.98 per cent SGrBs maturing in…

With no tax benefit available, the home loan should be prepaid as soon as possible. (AI image) The 50 basis point repo rate cut by the RBI has raised hopes that home loan rates will also come down. In the past three months, the RBI has trimmed its key repo rate by 100 basis points,…

China’s firm grip on rare earths, essential components in the production of phones, automobiles and missiles, is giving a headache to countries world over, including India. (AI image) China’s firm grip and worldwide monopoly on rare earth metals, essential components in the production of phones, automobiles and missiles, is giving a headache to countries world…

India has achieved substantial success in diminishing poverty rates. (AI image) India’s poverty rate is expected to come down further to 4.6 per cent in 2024, according to a State Bank of India (SBI) report. A new World Bank report projects that India’s extreme poverty has come down drastically in the last ten years, from…

RCB, an original IPL franchise with Virat Kohli as one of its key players, was first owned by Vijay Mallya. (PTI photo) Diageo Plc is exploring options regarding its ownership of the Royal Challengers Bengaluru (RCB), the Indian Premier League cricket franchise, according to individuals knowledgeable about the situation. RCB achieved their maiden IPL victory…

Reviving tourism: Travel agents from across India to converge in Kashmir this weekend NEW DELHI: Travel agents from across the country will converge in Kashmir this weekend in a bid to revive tourism there following this once-thriving industry’s near-total collapse after the deadly April 22 terror attack in Pahalgam. The Travel Agents Federation of India…

Gold price prediction: Traders need to take cognizance of the ongoing US-China trade deal talks. (AI image) Gold price prediction today: Amidst ongoing US-China trade deal talks, gold prices are likely to continue fluctuating, with geo-political uncertainties adding to volatility. Where are gold prices headed in the short-term and what are the factors that investors…