Delta Air Lines on Monday cut its financial forecast for the first three months of the year, saying that growing economic concerns among businesses and consumers had lowered demand for domestic travel. The airline’s warning was the latest sign that the U.S. economy, or at least perceptions of it, have been weakening in part because…
Kristalina Georgieva (AP photo) NEW DELHI: Kristalina Georgieva, International Monetary Fund (IMF) managing director, on Friday said India’s economy was expected to be a “little weaker” in 2025 as she presumed a lot of uncertainty in the world this year mainly around the US trade policies.“The US is doing quite a bit better than we…
MUMBAI: The rupee’s depreciation will increase export competitiveness which, in turn, will impact the economy positively, govt said. In response to a parliament query, govt also said that despite its depreciation against the dollar, the rupee remains one of the best-performing currencies in Asia as others have depreciated more.Responding to a question from Dinesh Chandra…