Emerging and developing economies (EMDEs) accounted for over 80% of the growth in global energy demand, with China and India being major contributors as global energy-related carbon emissions rose 0.8% to a record-breaking 37.8 Gt in 2024 as energy demand surged 2.2%, according to report from Kotak Institutional Equities. However, the silver lining was that … Read more
The government’s 12% safeguard duty on five categories of imported steel products is likely to create significant price distortions in the domestic market, according to a new report by the Global Trade Research Initiative (GTRI). The move, aimed at protecting domestic manufacturers from import surges, could end up hurting small businesses and raising steel prices, … Read more
China on Monday warned other countries against making trade deals with the United States to China’s detriment. Governments including those of Taiwan, Japan and South Korea have begun negotiations with Washington after President Donald Trump announced sweeping tariffs against almost all of America’s trading partners on April 2. The import taxes were quickly paused against … Read more
The Adani Group plans to invest an additional $10 billion (Rs 1000 crore) to build data centers in India, riding high on the growing demand for artificial intelligence and business process-led services, reported Bloomberg. The Group has identified Andhra Pradesh, Maharashtra, Gujarat and Tamil Nadu as possible locations for two data centers of about 1 … Read more
The Economic Survey of India, 2024-25, estimates the country’s real GDP (gross domestic product) growth for FY2025-26 to be in the range of 6.3-6.8%, which is much lower than last year’s Provisional Estimate growth of 8.2%. The jury is still out on whether this represents a structural decline or a blip – the growth expectation … Read more
The central government last month announced a 2% hike in dearness allowance (DA) and dearness relief (DR) to 55% for around 1.2 crore central employees and pensioners. This 2% DA raise was the lowest in the last 78 months. But now, a further drop in inflation in the first three months of this calendar year, … Read more
Bitcoin price on April 21, 2025, is recorded at USD 85,051.73 at 03:11 AM IST. Yesterday, the BTC price was at USD 85,249.89 at 08:49 AM IST. It later dropped to USD 84,582.084 by 02:52 PM IST. The Cryptocurrency saw a brief high of USD 88,000 last month, but that level was for a brief … Read more
Tata Motors Ltd. (NSE: TATAMOTORS) saw a modest rise in its stock price in early trading on April 21, 2025. The stock opened at INR 624.60 and climbed to INR 626.00 by 10:08 AM IST, marking a 0.72% increase or INR 4.45 gain from the previous close. Investors are closely watching the auto giant as … Read more
Dalal Street witnessed a rally on Monday as bulls seemed to return to the markets, pushing the Sensex up by over 800 points and lifting the Nifty past the 24,000 mark, with strong buying seen across sectors. The S&P BSE Sensex gained 1,057.83 points to 79,611.03, while the NSE Nifty50 added 330.00 points to 24,181.65 … Read more
Gold prices have been piercing the roof, and with that, it seems like a good time to sell the gold. But in China, the selling has taken a modern turn as locals are giving the country’s first ‘gold ATM’ a shot. Ditching the traditional gold selling pattern, this comes as the ATM is speeding up … Read more