Stephen Schwarzman, Blackstone’s CEO, believes the new US tariff regime could boost growth by attracting foreign investments and revitalizing US manufacturing.
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A surge in cocoa and coffee futures prices has strained traders’ finances, hindering global shipments. Rising costs and financing difficulties have exacerbated the situation, with weather issues and crop diseases causing supply shortages.
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Acknowledging that AI will cut jobs, Infosys cofounder Murthy stressed that it can also lead to economic growth. “In each tech, certain jobs will be eliminated, but if used in an assistive manner, we can grow the economy.”
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India’s tea exports touched a 10-year high at 255 million kg in 2024 despite the uncertainties in the global market triggered by geopolitical tensions, data compiled by the Tea Board of India shows.
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Jaiprakash Associates Ltd (JAL) in a regulatory filing informed that the consortium of lenders of the company have “assigned/transferred their outstanding debt/financial assets along with underlying securities interest, pledge of shares, guarantees, receivables etc. charged for financial assistance granted by…
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Out of 23 manufacturing industries, 19 recorded positive momentum, an improvement from 16 in the previous month. Additionally, higher government spending in January provided further support to industrial growth, and the outlook remains favourable for meeting budget targets.
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