Author: EchoAsiaNews

[ad_1] India’s services exports are on track to overtake merchandise exports within the next 18–24 months, provided current growth trends hold and policy bottlenecks, especially tax distortions, are addressed in the upcoming Union Budget, according to the Services Export Promotion Council (SEPC).In an interaction with NDTV Profit, SEPC Director General Abhay Sinha said services exports are growing at 12–13% annually, far outpacing merchandise exports, which have struggled amid global headwinds such as tariff uncertainties and geopolitical developments in Iran, Russia-Ukraine and elsewhere. World Bank Pegs India FY27 GDP Growth At 6.5% On Strong Domestic Demand, Resilient ExportsAt present, services exports…

[ad_1] Indian equities have navigated a prolonged phase of correction and consolidation, with narrow leadership and uneven earnings shaping recent returns. While valuations have turned more reasonable and growth visibility is improving into FY27, markets may remain range-bound in the near term. A stronger earnings recovery, however, could push indices to fresh highs by year-end, says Nitin Raheja, Executive Director, Head – Discretionary Equities, Julius Baer India.Edited excerpts from a chat:Indian equities have seen strong returns but also rising dispersion. How do you assess the risk-reward setup for markets as we head into 2026?The last one year was a challenging…

[ad_1] FOX Weather correspondent Ian Oliver discusses details of the major winter storm bringing sub-zero temperatures, heavy snow and significant ice across multiple states on ‘Special Report.’ Americans are being urged to prepare as a massive winter storm is expected to stretch more than 2,000 miles across the U.S. this weekend, potentially affecting more than 235 million people in over 40 states. The storm is forecast to bring heavy snow, sleet and freezing rain beginning Friday and lasting through Monday, raising concerns about widespread power outages, dangerous travel conditions and prolonged disruptions, according to National Weather Service Director Ken Graham.”Prepare…

[ad_1] Ride-hailing platform Uber plans to double the fleet size of its premium mobility service – Uber Black – this year, the company said on Thursday.To support the expansion of premium supply, Uber announced a Series A investment in Carrum, a fleet management company backed by the CarDekho Group, the ride-hailing firm said in a statement.”Uber…announced an expansion push of its premium mobility offering – Uber Black – by accelerating growth of its fleet to double the current size in 2026,” the company said in a statement. Operating in Delhi, Mumbai and Bengaluru, Uber Black promises to provide high-quality vehicles…

[ad_1] If you want to put your savings to work without taking on market risk, a 1-year certificate of deposit (CD) could be the right place for your money. With guaranteed returns and federal insurance, 1-year CDs are a favorite among savers who want better yields than a traditional savings account can offer, but without the commitment of longer-term savings products. Not sure where to start? Our team evaluated dozens of accounts to determine the 10 best 1-year CDs available today. Find out where you can earn the most on your savings with minimal fees, low deposit requirements, and excellent…

[ad_1] As global markets grapple with trade wars, geopolitical uncertainty and shifting capital flows, India enters Budget season from a position of relative strength.In an exclusive interaction with ET Budget Boardroom, A Balasubramanian, MD & CEO of Aditya Birla Sun Life AMC, outlines why policy continuity, deeper bond market development and stronger domestic funding mechanisms should be the core priorities for the upcoming Budget.He argues that India’s quiet achievements in fiscal consolidation, real asset creation and capital market maturity have laid a strong foundation for sustained growth, even as global economies face mounting challenges. Edited Excerpts -Kshitij Anand: Let me…

[ad_1] President Donald Trump signs an executive order in the Oval Office that puts into effect his plan for the social media and video streaming platform TikTok. TikTok announced Thursday that it has finalized a historic deal to launch a majority American-owned joint venture, a move aimed at averting a potential U.S. ban on the popular social media app. The deal marks a major milestone for TikTok, coming after years of legal and political battles that began in 2020, when President Donald Trump raised national security concerns about the Chinese-owned platform.The Joint Venture LLC, built on the foundation of the…

[ad_1] US president says ‘big force going towards Iran’, but he would ‘rather not see anything happen’ as tension with Tehran ratchets up.Published On 23 Jan 202623 Jan 2026Click here to share on social mediashare2ShareUnited States President Donald Trump said a US naval “armada” was heading towards the Gulf region, with Iran being the focus, as officials said an aircraft carrier strike group and other assets would arrive in the Middle East in the coming days.“We’re watching Iran,” Trump told reporters on Air Force One on Thursday as he flew back from the World Economic Forum in Davos, Switzerland.Recommended Stories…

[ad_1] KYLEAKIN, Scotland — Bally Philp hauls up his baited traps from the waters off Scotland’s Isle of Skye, checking each one methodically. Unlike most of Scotland’s coastline, these waters are protected from industrial fishing methods that have devastated seabeds elsewhere. But Philp, who’s fished for more than three decades, has watched conditions deteriorate nearly everywhere else along the coast.“The inshore archipelagos on the West Coast of Scotland used to be full of fish,” Philp said. “We have no commercial quantities of fish left inshore at all.”While 37% of Scotland’s waters have been designated as Marine Protected Areas, only a…

[ad_1] A guide sign reading “Bank of Japan” is seen in Tokyo on July 31, 2024.Kazuhiro Nogi | Afp | Getty ImagesJapan’s central bank on Friday raised economic growth forecasts while holding its key policy rate at 0.75% as the country prepares to go into an election. The Bank of Japan upgraded its economic growth forecast for the fiscal year ending in March 2026 to 0.9% from 0.7% in October 2025, and also raised its GDP expansion outlook for the 2026 fiscal year to 1% from 0.7%. The central bank expects Japan’s economy grow moderately as other economies return to…