GLOBAL ECONOMIC RECOVERY 2030
China, India place strategic bets on clean energy out of favour in the West
China and India are aggressively pursuing green hydrogen, investing billions to build massive production capacity. While China focuses on scale and preserving industrial dominance, India prioritizes energy security through subsidies and domestic demand aggregation. Both nations are leveraging political will and financial backing to create a burgeoning green hydrogen market.
For Asian Paints, green is not just a colour, but a worthful way of life
Asian Paints is embedding sustainability into core operations, linking it to long-term business survival. The firm, honoured at the Economic Times Awards for Corporate Excellence 2025, highlighted progress in water conservation, renewable energy adoption and large-scale skill training, alongside plans to further cut emissions and resource use.
$12 billion Trump tariff refund for Indian exporters. Which stocks may benefit?
Tariff refunds are set to begin after the US Supreme Court ruled Donald Trump’s tariffs unconstitutional. US Customs and Border Protection has launched the first phase of its refund system, allowing importers to file claims—potentially benefiting export-focused companies.
NavPrakriti to invest over Rs 100 crore in critical minerals refining facility in Odisha
NavPrakriti will invest over Rs 100 crore to build a critical minerals refining facility in Odisha. This state-of-the-art plant will process end-of-life batteries, recovering essential minerals like lithium, cobalt, and nickel. The facility aims to strengthen India's domestic supply chains and circular economy. It is expected to be operational by FY 2028-29 and will create over 500 jobs.
Atomic impact: Nuclear-powered AI infrastructure could be India’s geopolitical moat
India's nuclear advancements, including the Kalpakkam PFBR and plans for small modular reactors, are set to power its ambition to become a global AI data centre hub. This reliable, clean energy source offers a "geopolitical moat" for the nation, ensuring uninterrupted power crucial for AI compute infrastructure, though widespread impact is expected post-2032.
South Korea Inc meets Modi; Cos including Samsung & LG looking to expand in key market, export more
Top South Korean business leaders met Prime Minister Narendra Modi. They discussed expanding their operations in India. Companies like Samsung, LG, and Hyundai signaled fresh investments. SK Hynix is considering a chip facility. Hyundai will develop electric mobility solutions for India. This marks a significant step in bilateral economic cooperation.
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India–South Korea eye $50 billion trade, discuss critical tech, supply chains amid West Asia tensions
India and South Korea are set to significantly expand their trade partnership. The goal is to reach $50 billion in bilateral trade by 2030. This expansion will focus on critical technologies and supply chains. Both nations will upgrade their trade agreement next year. Cooperation will deepen in areas like AI, semiconductors, and IT.
Global wind installations rise 40pc in 2025, industry charts way out of energy crisis: Report
The Global Wind Energy Council's (GWEC) 2026 Report, published at a time of supply shocks and fast-rising prices in international oil and gas markets, shows how a resilient wind industry continues to grow at pace as a lynchpin of the energy transition, a statement said.
South Korea's Lee to seek big boost in economic ties in summit with PM Modi
South Korean President Lee Jae Myung is in New Delhi for talks with Indian Prime Minister Narendra Modi. The visit aims to significantly increase economic ties, focusing on shipbuilding. Both nations plan to nearly double bilateral trade to $50 billion by 2030. Cooperation may also expand into finance, artificial intelligence, and defense. India's role in global production is highlighted.
Radisson Hotel Group expects to create 65,000-80,000 job opportunities in India by 2030 with 500 properties
Radisson Hotel Group is embarking on an ambitious journey to enhance its footprint in India, targeting the launch of 500 hotels by 2030. This initiative is projected to create up to 80,000 jobs, focusing on upscale and mid-scale offerings in diverse city environments. Committed to local community enrichment, the group is also prioritizing skill development to foster career growth.
India, South Korea to upgrade trade pact, deepen tech and supply chain ties
India and South Korea will resume talks to upgrade their economic partnership agreement. The goal is to increase bilateral trade to 50 billion dollars by 2030. Both nations will also enhance cooperation in critical technologies and supply chains. An economic security dialogue will be established. Discussions will cover shipbuilding, steel, and sustainability. Industrial collaboration will expand through new agreements.
Global Markets: Uncertain global outlook keeps investors balancing risk and opportunity
Markets start the week on a positive note as Donald Trump signals possible easing of the Iran conflict, supporting global equities. However, optimism is tempered by concerns over sticky inflation, mixed economic data, and policy uncertainty. Investors are closely watching the April 21 hearing of Kevin Warsh, with shifting expectations now pointing to fewer or no rate cuts this year.
US Stock Market: Investors turn to corporate earnings for clues on future market direction
US equities enter a crucial week as heavy earnings flow tests the strength of the recent rally. Strong corporate results may sustain bullish sentiment, but elevated oil prices, geopolitical risks, and interest rate uncertainty continue to pose challenges, even as markets rebound sharply and approach record highs amid improving investor confidence globally.
UAE asks US for a wartime financial lifeline as Iran conflict drags: Report
The United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considered in anticipation of a deepening crisis stemming from the Iran war. UAE Central Bank Governor raised the possibility of a currency-swap line with US Treasury officials.
Germany's Friedrich Merz says industrial AI needs less stringent EU regulation
Germany's Chancellor Friedrich Merz wants less regulation for industrial artificial intelligence in the European Union. He believes this will increase productivity and efficiency. Germany has been eager to catch up with dominant AI players the United States and China in a global race to master a transformational technology and attract high-income jobs.
War crisis revives stagflation dangers for global economy
Global business surveys this week will reveal the escalating impact of seven weeks of Middle East conflict on growth and inflation. Initial data from Australia to the US is expected to show deterioration, particularly in Europe, raising concerns about potential stagflation. Policymakers are cautiously awaiting these figures to inform interest rate decisions.
Chinese humanoid robot shatters half marathon record, beats human mark by big margin, watch video
A humanoid robot developed by Honor has won a half marathon in Beijing, completing the 21km course in 50 minutes and 26 seconds, significantly faster than the human world record. This remarkable achievement showcases China's rapid advancements in robotics, with the winning robot's design inspired by elite athletes and featuring advanced cooling technology.
Charting the Global Economy: IMF trims world growth projections
The International Monetary Fund has lowered its global growth forecast for 2026. This adjustment comes as the war in the Middle East has caused a significant oil price shock. The IMF also anticipates higher inflation due to rising energy and food costs.
7-seater EV race heats up as VinFast, Mahindra & Mahindra, BYD, JSW MG, Kia target big families in India
The electric vehicle revolution in India is not just about getting from point A to B; it’s now about enhancing family journeys. With the emergence of seven-seater electric vehicles, automakers are capitalizing on this fast-growing segment. Designed for comfort, versatility, and efficiency, these models are attracting the attention of affluent city dwellers eager to embrace modern, eco-friendly transportation.
Indian digital ad market likely to double to USD 22 bn by 2030: Report
India's digital advertising market is set for significant growth. Projections indicate it will double in five years, reaching up to 22 billion US dollars by 2030. This expansion outpaces the broader economy. Mobile advertising will continue to dominate. The future of advertising will focus on privacy, AI, and data. Companies that adapt will lead the way.
The invisible hand pushing for peace?
Amidst rising hopes for peace in the Persian Gulf, financial markets exhibit a newfound optimism. Falling crude oil prices signal a shift, with speculations of renewed negotiations between the US and Iran gaining traction. Stock markets are bouncing back, reflecting these positive sentiments.
Jay Shah named to World Economic Forum's Young Global Leaders Class of 2026
Jay Shah, ICC Chairman, has been recognized by the World Economic Forum as a Young Global Leader for 2026. This honor highlights his significant contributions to international cricket. Shah's work includes expanding the sport's reach and securing its inclusion in the 2028 Los Angeles Olympics. His selection underscores India's growing influence on global platforms and propels cricket's development forward.
Apple reports record use of recycled materials across products in 2025
Apple reported that 30% of the materials used in its 2025 products came from recycled sources, its highest level so far, as part of its push to become carbon neutral by 2030. The company highlighted major progress in using recycled materials across batteries, magnets, and circuit boards, while also reducing emissions by over 60% compared to 2015 levels. Alongside this, Apple expanded renewable energy use, eliminated plastic packaging, improved recycling systems, and strengthened water conservation and waste reduction efforts.
Indian restaurants' 'slowdown' is ringing up a ₹79,000 cr bill as Iran war chokes LPG supply
The Indian dining scene is looking at a staggering monthly loss of ₹79,000 crore as a result of a commercial LPG shortage. This hiccup is forcing all types of eateries to shut down temporarily or seek alternative cooking methods.
Renault targets India among its top three markets by 2030, CEO says
French automaker Renault is aiming for India to be among its top three global markets by 2030. The company plans to introduce seven new vehicles, including electric models. By the end of the decade, Renault expects electrified vehicles to represent approximately half of its sales in India. This strategic move underscores Renault's commitment to the growing Indian automotive sector.
IMF chief says rapid economic recovery still possible if war ends soon
The global economy could rebound quickly from the Middle East war shock if the conflict ends within weeks, IMF Managing Director Kristalina Georgieva said. However, a prolonged war may worsen the outlook.
Nifty rebounds 8% in April after March rout, but stays below pre-war levels. What does it signal?
Nifty has rebounded 8% in April after a sharp March correction but remains below pre-war levels, signalling cautious recovery. The bounce is driven by short covering and selective buying, while persistent FII outflows, elevated crude prices and geopolitical risks continue to weigh on sentiment despite improving valuations.
Global Markets | Asian stocks track US rally on Iran peace push
Asian markets opened higher, mirroring Wall Street's positive trend. Hopes for further United States-Iran talks have boosted investor confidence. This optimism is also contributing to a decrease in oil prices. The broader MSCI Asia Pacific Index saw a significant increase. This development suggests a potential easing of global economic pressures.
Bengaluru to get Birkbeck, University of London campus as UGC issues Letter of Intent
Birkbeck University of London will open a campus in Bengaluru. Indian students will access University of London degrees at a lower cost. This supports India's goal to increase higher education enrollment. The campus will offer career-focused education. It aims to make India a preferred destination for international education by 2030. This initiative expands opportunities for students.
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