Led by a sharper-than-expected deceleration in industrial activity, economic growth in India slowed more than anticipated and is projected to remain at 6.5 per cent till 2026, the International Monetary Fund said on Friday. "Growth in India slowed more than expected, led by a sharper-than-expected deceleration in industrial activity," the IMF said in its latest update of the World Economic Outlook, according to which the global economy is holding steady. In 2023, India's growth rate was 8.2 per cent, which dropped to 6.5 per cent in 2024.
'The President-elect firmly believes we can avoid conflict with the Chinese Communist party because they need our markets.'
Ahead of Trump's inauguration here on January 20, the debate on foreign guest workers visas for highly skilled professionals, the H-1B, has intensified which has literally created divisions in both the Democratic and the Republican parties.
The Indian economy is expected to be "a little weaker" in 2025 despite steady global growth, IMF managing director Kristalina Georgieva has said. Georgieva also said she expects quite a lot of uncertainty in the world this year mainly around the trade policy of the US. In her annual media roundtable with a group of reporters on Friday, she said global growth is expected to be steady in 2025, but with regional divergence.
Challenging the decision of the Biden Administration to investigate the activities of Indian billionaire Gautam Adani and his companies, an influential Republican lawmaker on Tuesday said such selective actions risk damaging critical alliance partners.
United States President-elect Donald Trump on Tuesday said that he understands the Russian feeling with NATO (North Atlantic Treaty Organisation) being on their doorstep.
Subramanyam's mother, who immigrated through Dulles Airport, watched her son being sworn-in on the Bhagavad Gita.
US President-elect Donald Trump has renewed his offer to make Canada the 51st state of the United States, hours after Canadian Prime Minister Justin Trudeau resigned. Trump has been pushing this idea since his November 5 electoral victory, citing economic benefits and security concerns. Trump's offer has not been met with much reaction from the Canadian side.
Soros, 94, in the recent past has spoken openly against Prime Minister Narendra Modi. The ruling BJP believe that he tried to interfere in Indian elections.
Six Indian American leaders were sworn in as members of the US House of Representatives, marking the largest number of Indian American representatives in the US Congress. The group includes Congressman Dr Ami Bera, who has served seven consecutive terms, and newcomers Suhash Subramanian and Shri Thanedar. The six lawmakers, all Democrats, represent a significant milestone for the Indian American community in the US.
Jimmy Carter, the 39th US president and a champion of peace and human rights, has died at the age of 100. Carter, who was known for his work with the Carter Center, promoting democracy and conflict resolution, was also a close friend of India. He visited the country in 1978, forging a lasting relationship between the two nations.
Amid growing outrage here about the large-scale attack on minority Hindus and their places of worship in Bangladesh, United States National Security Advisor Jake Sullivan on Monday spoke with the interim government's Chief Adviser Muhammad Yunus and both leaders expressed commitment to protect human rights in the troubled South Asian nation.
Krishnan, who has previously led product teams at Microsoft, Twitter, Yahoo!, Facebook and Snap, will work along with David O. Sacks who will be the White House AI & Crypto Czar.
Chennai-born Indian American teenager Caitlin Sandra Neil has been crowned Miss India USA 2024 at the annual pageant held in New Jersey.
US President-elect Donald Trump has reiterated his intention to impose reciprocal tariffs in retaliation for the high tariff imposed by New Delhi on import of certain American products. Trump said India and Brazil were among countries that impose high tariffs on certain US products. He also said that reciprocity is something that is going to be a key topic for the Trump administration.
United States President-elect Donald Trump took a jab at Canadian Prime Minister Justin Trudeau on the social media platform Truth Social, describing him as the 'Governor of Canada'.
Claiming that the United States is subsidising its two neighbours Canada and Mexico to the tune of $100 billion and $300 billion, respectively, incoming US President Donald Trump on Sunday said that if that is the case then these two countries better be a part of America.
The fall of the Assad regime that brutalised, tortured and killed thousands of innocent Syrians over the past half a century is a historic opportunity for the people of the country, outgoing United States President Joe Biden said on Sunday.
Hunter Biden was convicted early this year on federal gun and tax charges and was set to appear soon in Delon, California, where he faced the potential of lengthy prison sentences.
United States President-elect Donald Trump on Saturday warned BRICS countries against any move to replace the US dollar and has sought a commitment from the nine-member group that includes India, Russia, China, and Brazil.
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