Trump Tariffs Cost US Households $1,000 in 2025: Study
New research reveals President Trump's tariffs imposed a $1,000 burden per American household in 2025, with projections rising to $1,300 in 2026, potentially reducing GDP by 0.7%.
Category : Economy
Punjab Unemployment Up as National and Neighbor Rates Fall
Punjab's unemployment rate increased in the 15-29 age group to 19.3% in Oct-Dec 2025, while national and neighboring states like Haryana and Himachal saw declines, highlighting a worsening job scenario in the state.
Debt-for-Nature Swap Market Stalls Amid Bond Rally
The market for debt-for-nature swaps faces headwinds as emerging-market bond rallies make deals less attractive and governments question environmental focus over urgent social needs.
Ranchi Market Prices Soar for Fruits and Vegetables
Prices of fruits and vegetables have increased significantly in Ranchi markets due to transportation issues and cold weather, with apples, grapes, and pomegranates seeing the steepest hikes.
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Unemployment Falls to 6.7% in Oct-Dec 2025, Rural Self-Employment Up
India's unemployment rate decreased slightly to 6.7% in the October-December 2025 quarter, as per a government survey. Rural self-employment among those aged 15+ rose to 63.2%, indicating positive labor market trends.
Goldman Sachs Raises India GDP Forecast Post-US Trade Deal
Goldman Sachs has upgraded India's economic growth forecast to 6.9% for 2026 and lowered its current account deficit estimate following the US tariff reduction announcement.
Unemployment at 4.8% in Oct-Dec 2025, Salaried Jobs Fall
India's unemployment rate fell to 4.8% in October-December 2025, with labor force participation rising to 55.8%. However, the share of salaried jobs dropped to 24.9%, while agriculture sector employment increased to 43.2%.
Gold, Silver Volatile as Investors Await US Jobs, Inflation Data
Safe-haven assets like gold and silver experienced volatility as investors held back on fresh bets ahead of crucial US economic data. The Fed's policy outlook and tight silver supplies added to market uncertainty.
Budget 2026: Manufacturing Growth Without Job Creation
The Union Budget 2026 emphasizes manufacturing but signals policy continuity, failing to address the gap between growth and employment. Despite PLI schemes, India's manufacturing sector remains stuck at 14-17% of GDP, with limited job absorption due to st
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Steve Hanke: Trump Tariffs Were Strategic Win for India
Top American economist Steve Hanke reveals how Donald Trump's tariffs on India created a pivotal opportunity for economic liberalization and new global alliances, with PM Modi's government capitalizing effectively.
Silver Drops Rs 7,500, Gold Gains Rs 2,200 in Delhi Markets
Silver prices fell sharply by Rs 7,500 per kg in Delhi, while gold rose Rs 2,200 per 10 grams. Analysts cite profit-booking and a firm US dollar, with markets awaiting key US economic data for direction.
India's Household Gold Worth $5T, Exceeds GDP
Indian households hold approximately 30,000 tonnes of gold valued at $5 trillion, exceeding India's projected 2025 GDP of $4.125 trillion. Experts analyze gold's role amid global economic shifts and central bank strategies.
Gold Falls in Futures Trade as Dollar Strengthens
Gold prices dropped on Tuesday, reaching Rs 1.57 lakh per 10 grams in futures trade due to profit booking and a stronger US dollar. Domestic bullion prices eased, with city-wise rates provided for major Indian cities.
NITI Aayog on Economic Concerns in Climate Discussions
NITI Aayog Vice-Chairman Suman Bery emphasizes competitiveness, affordability, and economic security as central to India's climate policy discussions, balancing environmental goals with development needs.
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Shanghai Silver Inventories Hit Decade Low, Supply Squeeze
Silver inventories on the Shanghai Futures Exchange have plummeted to their lowest levels since 2015, dropping over 88% from 2021 highs. Analysts warn of tightening global supply chains and bullish price pressures ahead.
Goldman Sachs Upgrades India's 2026 GDP Growth to 6.9%
Goldman Sachs has revised India's 2026 GDP growth projection upward to 6.9%, citing the India-US trade deal's positive impact on exports and reduced current account deficit outlook.
Why Village Commons Revival is Crucial for India's Rural Economy
The Economic Survey 2025-26 highlights how decades of neglect of village commons—grazing lands, ponds, and shared resources—are undermining rural livelihoods and agricultural productivity, calling for urgent restoration efforts.
Japan's Debt Surge Risks Global Financial Turmoil
Japan's new government, led by Prime Minister Sanae Takaichi, plans aggressive fiscal stimulus despite sky-high debt, potentially triggering bond and currency crises that could ripple through global markets, especially impacting the U.S. economy.
Gold Prices Today: 18K, 22K, 24K Rates in Indian Cities
Gold prices in India remain stable on February 10, 2026. Check the latest rates for 24K, 22K, and 18K gold per gram in Chennai, Mumbai, Delhi, Kolkata, and other major cities.
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Rupee Falls 11 Paise to 90.77 vs US Dollar in Early Trade
The Indian rupee depreciated by 11 paise to 90.77 against the US dollar in early interbank foreign exchange trading, opening at 90.63 before weakening further.
Asian Stocks Gain on Japan Election, US Markets Near Records
Asian equities advanced on Tuesday, led by Japan's Nikkei after Sanae Takaichi's election victory. US stocks posted strong gains, while concerns over AI investments and precious metals volatility persist.
Silver Price Volatility Cripples Rajkot's Bullion Trade
Rajkot's silver industry faces unprecedented turmoil as extreme price swings, driven by AI and green tech demand, lead to insolvencies, job losses, and a breakdown in trust across India's precious metals supply chain.
India Bets Big on Orange Economy: Creativity & Culture Drive Growth
India's 2026 budget allocates ₹250 crore for AVGC talent, highlighting the orange economy's role in job creation through gaming, live entertainment, and experiential tourism.
Land Issues Delay 25 Transmission Projects, Mostly for Renewables
Twenty-five transmission projects, primarily for renewable energy evacuation, face delays due to land acquisition and clearance hurdles, impacting India's net-zero goals amid rapid capacity growth.
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Dry Cleaner's ₹2 Lakh Monthly Income Sparks Online Debate
A viral social media post about a dry cleaning shop's ₹2 lakh+ monthly profit has ignited discussions on income, career choices, and small business economics in India, challenging perceptions of white-collar job superiority.
China's Treasury Diversification Fails to Rattle Bond Market
Despite reports that China urged its banks to reduce U.S. Treasury exposure, the bond market remained remarkably stable, with yields anchored and volatility at multi-year lows. Analysts cite ongoing foreign demand and market anticipation as key factors.
J&K Unemployment Hits 6.7%, Double National Average
Jammu and Kashmir's unemployment rate reaches 6.7%, nearly double the national average of 3.5%. Job seekers paid ₹48 crore in application fees, sparking criticism amid government efforts to boost youth employment.
Capital Over Labor: AI to Widen Economic Gap, Report Finds
A new analysis reveals capital is capturing a growing share of GDP, outpacing labor gains. With AI's rise, this trend is set to accelerate, reshaping the economy and widening inequality.
Indore Veg Prices Drop as Supply Surges at Choithram Mandi
Kitchen budgets in Indore get relief as vegetable prices at Choithram Mandi crash due to massive arrivals from Maharashtra and Nimar region. Tomatoes see steepest correction.
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Moody's: India's GDP Growth at 6.4% in FY27, Tops G20
Moody's projects India's GDP growth at 6.4% for the 2026-27 financial year, outpacing all other G20 economies including the US, China, Germany, and Brazil.
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