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IMF report: Too coy for a Trump-shaken world

Mint Hyderabad

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July 31, 2025

The Fund's 'World Economic Outlook' only has hints to offer on a global trade response to Trump's tariff turmoil. India stares at a 25% plus US levy but we have others in the same boat

At the best of times, the World Economic Outlook (WEO) published by the International Monetary Fund (IMF) does not pose any risk to human vision with blinding new insights. Ditto for its three quarterly updates. But these are not the best of times. On Wednesday, US President Donald Trump used his very own microblog platform Truth Social to declare that "while India is our friend," imports from here would have to pay a tariff of 25%, plus a penalty for assorted US grievances, from 1 August.

Other countries have had to contend with such posts too. As the world's economies toss and turn amid choppy seas of trade uncertainty, policy watchers look to global bodies like the IMF for clues on how to reach calmer waters.

WEITERE GESCHICHTEN VON Mint Hyderabad

Mint Hyderabad

CCI clears Torrent's JB stake buy proposal

Fair trade regulator Competition Commission of India (CCI) on Tuesday cleared Torrent Pharmaceuticals Ltd's proposed acquisition of a stake in JB Chemicals and Pharmaceuticals, subject to voluntary modifications offered by the companies.

time to read

1 min

October 22, 2025

Mint Hyderabad

'Balanced India-US portfolios fared better'

Saurabh Mukherjea has a simple message for investors in Indian equities: it's time to look beyond. The chief investment officer and co-founder of Marcellus Investment Managers believes that with jobs in India drying up due to the US tariffs, consumption slowdown and tepid corporate earnings, it “will be tough for a market already trading at record-high valuations to move any further”.

time to read

2 mins

October 22, 2025

Mint Hyderabad

Mint Hyderabad

NITI Aayog proposes new panel to supercharge net-zero push

India’s top government think-tank has called for setting up a panel to guide policy and coordinate multi-ministry efforts on climate action and energy transition, two people aware of the development said.

time to read

1 mins

October 22, 2025

Mint Hyderabad

Reliance seeks to buy Middle East oil

Reliance Industries Ltd bought Middle Eastern crudes last week and may place more orders, ina sign that Western pressure against Russian flows may be starting to impact its procurement patterns.

time to read

1 min

October 22, 2025

Mint Hyderabad

Deloitte's AI debacle in Australia isa warning for all early adopters

That a report riddled with AI hallucinations was sent to a government should be a wake-up call

time to read

3 mins

October 22, 2025

Mint Hyderabad

Jio-BP’s Q2 petrol, diesel sales up 34%

Jio-BP, the fuel retailing joint venture of Reliance Industries and super major BP, clocked a 34% rise in petrol and diesel sales in the September quarter as the joint venture aggressively expands its retail network.

time to read

1 min

October 22, 2025

Mint Hyderabad

Recent Nobel prizes for economics seem rich in irony

This year’s Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel was awarded “for having explained innovation-driven economic growth,” with one half to Joel Mokyr “for having identified the prerequisites for sustained growth through technological progress” and the other half jointly to Philippe Aghion and Peter Howitt “for the theory of sustained growth through creative destruction.”

time to read

3 mins

October 22, 2025

Mint Hyderabad

Mint Hyderabad

Gold, silver fall as traders take stock of record rallies

Gold and silver slid as traders took stock of record-breaking rallies, with technical indicators looking stretched while US-China tensions ease.

time to read

1 mins

October 22, 2025

Mint Hyderabad

Non-banks are making markets nervous again

As sudden banking strains in the US show, the growth of non-banks is a mixed blessing, especially if they use bank funds for lending. The motto should be 'better safe than sorry'

time to read

2 mins

October 22, 2025

Mint Hyderabad

Mint Hyderabad

Venu Srinivasan reappointed for life at Tata Trusts

Tata Trusts has unanimously reappointed Venu Srinivasan as a trustee for life and all eyes are now on the upcoming decision regarding Mehli Mistry’s renewal, amid reported internal divisions within the organisation.

time to read

2 mins

October 22, 2025

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