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‘Global chaos relatively positive for India’ – Rising middle class can drive consumer growth: BlackRock COO Goldstein

Robert L Goldstein, chief operating officer of BlackRock, the world’s leading asset manager with funds worth about $11 trillion – which is more than double India’s market cap, is involved with the rollout and expansion of the Jio-BlackRock JV, one of his many initiatives. Goldstein, who first visited India in 2010, remains bullish on the…

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‘50% is not tariff, it’s an embargo’

Gokaldas Exports is among the largest players in the garments business, supplying goods to top global markets. The company’s managing director Siva Ganapathi speaks to TOI over the impact and plans to tackle the 50% tariff imposed by the US on Indian goods. Excerpts:What will be the impact of the 50% additional tariff on Indian…

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'Europe has lot of opportunities'

Bharat Forge, heavily reliant on the US auto sector, faces potential headwinds from new import duties. Vice-Chairman Amit Kalyani acknowledges possible near-term demand issues but remains optimistic about resolving the situation with American buyers. If talks fail, the company will explore opportunities in Europe, leveraging FTAs. Source link

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US market outlook: Wall Street braces for CPI test as rally nears record highs; analysts flag pullback risk; tariff impact in focus

A fresh look at US inflation trends this week is set to test Wall Street’s record run, with several strategists warning that equities may be primed for a pullback after months of near-uninterrupted gains.The benchmark S&P 500 closed on Friday up more than 8% for the year and near all-time highs, while the Nasdaq Composite…

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India’s passport climbs several ranks in world’s most powerful passports rankings; US, UK no longer powerhouses – top points to know

The strength of Indian passport has increased substantially in recent times. India’s passport has climbed several ranks in the latest Henley Passport Index list of the world’s most powerful or strongest passports. The strength of Indian passport has increased substantially in recent times, enabling Indians to access more than 60 nations without prior visa arrangements…

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