Trump tariff war: What is Europe’s ‘trade bazooka’? How it could hit US

Rattled by US President Donald Trump’s remarks linked to Greenland, the European Union is weighing possible countermeasures against Washington, reviving debate over its so-called “trade bazooka” — a powerful but rarely used economic tool formally known as the Anti-Coercion Instrument (ACI).While the issue has resurfaced at the highest political levels, most of the EU’s 27…

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Despite global headwinds India to remain fastest-growing economy: RBI

MUMBAI: RBI has said that the first advance estimates of real GDP growth for 2025-26 reflected the resilience of the Indian economy, driven by domestic factors amid a challenging external environment, adding that high-frequency indicators for December pointed to continued buoyancy in growth impulses with demand conditions remaining upbeat.In its State of the Economy article…

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Issue over speech? Karnataka Governor refuses to address joint session; Siddaramaiah government reaches out | India News

Thaawar Chand Gehlot (File photo) NEW DELHI: Karnataka governor Thaawarchand Gehlot has become the latest to decline the customary address to the legislature on Thursday, amid a series of recent controversies surrounding governors’ addresses to legislative assemblies.Following the development, the Karnataka government said a high-level delegation led by the law minister would meet the governor…

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India cracks Smirnoff global top five: Diageo

BENGALURU: India has broken into the top five global markets for Smirnoff, driven by strong traction from flavour-led innovations such as Minty Jamun, Praveen Someshwar, chief executive of Diageo India, told analysts on Tuesday.“Smirnoff flavours, specifically Minty Jamun, have emerged as a breakthrough innovation, validating our India-first flavour strategy and becoming the primary growth engine…

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One year of UCC: Uttarakhand CMO says services available in 23 languages; AI support enabled | India News

Uttarakhand said on Wednesday it had made services under its Uniform Civil Code (UCC) available in all 22 languages listed in the Eighth Schedule of the Constitution, in addition to English, with applicants also able to use AI-based assistance to understand the process and complete their registration.“The services under Uttarakhand’s Uniform Civil Code (UCC) are…

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US markets today: Wall Street steadies after sharp sell-off, Donald Trump rules out force over Greenland

US stock markets stabilised on Wednesday after a sharp sell-off in the previous session, as President Donald Trump said he would not use force to take control of Greenland, easing some investor concerns even as pockets of caution remained.The S&P 500 rose 0.3 per cent, recovering part of its 2.1 per cent decline on Tuesday,…

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