The Economic Times

Unless he suddenly changes direction, which is unlikely, Donald Trump is committing political suicide. His enormous tariff increases, inducing retaliation by others, mean inflation, recession and trade war. Unless he suddenly changes direction, which is unlikely, Donald Trump is committing […]

Donald Trump wants to smash the current world economic order, whose financial anchor is the dollar. If Trump’s changes erode faith in the financial anchor, where will the world go? Some analysts think we may have to return to the

Donald Trump has not formally ended the US nuclear guarantee for other Nato members. But after he joined hands with Russia in the UN and treated Ukrainian president Volodymyr Zelenskyy shabbily, no European country trusts him to honour the guarantee.

In January, Donald Trump announced a 25% tariff on imports from Canada and Mexico. He then backed off and postponed action for a month. Trump proposed a 10% tariff on China against the 60% he had suggested in the election

The US has presented a fact sheet to justify Donald’s Trump’s demand for a ‘fair and reciprocal’ trading system, causing consternation globally. It says the US is one of the most open economies in the world, but others close their

In her budget speech, Nirmala Sitharaman proposed a high-powered committee to deregulate licences, certifications, permissions, inspections and other hurdles to ease of doing business. This committee would look into non-financial sectors, while a similar committee for the financial sector would

The US has been the top economic power since WW 1. It is being challenged by China, now the second-largest economy. Australian Strategic Policy Institute (ASPI) estimates that China is now ahead of the US in 37 of 44 hi-tech

The middle class swooned with delight at the tax cuts in the budget, but the stock markets barely moved. Why so? Because finance minister Nirmala Sitharaman‘s speech about a bright future was silent on the sharp, continuing fall of Indian stock markets and

The Economic Survey projects GDP growth of 6.3-6.8% in the coming financial year, with manufacturing—a key concern—growing at 6.2%. It hails “stellar progress” in bringing government finances on track, an indication that Saturday’s budget will project attainment of the five-year

Donald Trump’s inaugural speech is bad news for the world and India. In effect, he said America First and to hell with the rest. He promised to make the rest pay to Make America Great Again (MAGA). Abandoning the historical