You know, we're making a deal with India. Much different deal than we had in the past. So, right now, they don't love me, but they'll love us again.>> India might not be feeling the love just yet. >> But the economy is holding up. President Donald Trump's 50% tariffs have hit exports to the US, which have now declined for two straight months.The rupee is at record lows. Businesses are feeling the squeeze, and investors are on edge. Despite the headwinds, the economy is growing more than 8%.That's the fastes ...

Market Developments - CME Group markets have resumed trading after a technical outage, with U.S. gold futures up 0.3% at $4,215.3/oz and WTI futures opening at $58.90, up 0.43% from the previous close [3][7] - The German Bundestag has approved a 2026 federal budget that includes €98 billion in net new borrowing, raising total net debt to nearly €182 billion, a level not seen since the COVID-19 pandemic [4][7] - Canada's economy grew by an annualized 2.6% in Q3, significantly exceeding the 0.5% forecast and reversing a previous contraction of -1.6% [5][7] Consumer Spending Trends - Adobe Inc. forecasts record online spending for the holiday season, predicting $11.7 billion for Black Friday (an 8.3% increase year-over-year) and $14.2 billion for Cyber Monday (a 6.3% increase) [6][7]

The government did what it has done since coming to power: put party before country. The inability to make difficult decisions on spending, tax reform and growth will do nothing to arrest Britain’s managed decline https://t.co/aNQUcRhDt4Photo: Ben Dance/FCDO https://t.co/nXhJGKuzMe ...

The government did what it has done since coming to power: put party before country. The inability to make difficult decisions on spending, tax reform and growth will do nothing to arrest Britain’s managed decline https://t.co/fE3412lpM9 ...

So finally, Chancellor, you've effectively just broken your promise made after the last budget not to raise taxes again. Will you now rule out more tax rises whether directly or by stealth this parliament. >> So last year I had to close the black hole in the public finances left by the Conservatives. Uh and um in the budget last year um I lived within the forecast set by the OBR.uh they have now changed their forecasts around productivity and they are very clear that's nothing to do with the policy of this ...

Group 1 - Ukraine has resumed discussions with hedge funds regarding the restructuring of its warrants, which is essential for managing its sovereign debt obligations and ensuring long-term financial stability [2][9] - The UK Chancellor Reeves provided a mixed economic outlook, indicating that new trade deals could enhance growth beyond current forecasts while also freezing income tax thresholds due to ongoing productivity challenges [3][4][9] - The U.S. natural gas market saw a significant increase, with futures rising by 3.1% following a larger-than-expected storage draw reported by the EIA, indicating either strong demand or tightening supply [5][9] - The U.S. housing market experienced a slight decrease in 30-year fixed-rate mortgages, which fell to 6.23% from 6.26%, potentially improving affordability for homebuyers [6][9]

Chancellor, before you began your budget, the Office for Budget Responsibility somewhat stole your thunder with its surprise leak of its forecast. Should its boss, Richard Hughes, be sacked. Well, Richard Hughes and the OPI have confirmed that they are launching, they have launched an investigation into what happened, obviously was a serious breach.They have apologised for that and put out a full statement. The leak aside, are you happy with the market reaction today. I think it's best for the Chancellor's ...

Market Overview - The Dow Jones Industrial Average increased by 329.65 points (0.7128%) on November 24th, 2025, driven by expectations of a Federal Reserve interest rate cut in December [1] - Traders are now estimating a 79% probability of a 25-basis-point rate cut next month, up from 71% previously, which is positively impacting equity markets [2] Economic Indicators - The University of Michigan's final consumer sentiment index for November dropped to 51 from 53.6 in October, indicating consumer caution [1] - Upcoming economic reports, including October's U.S. retail sales and the Producer Price Index (PPI), are anticipated to influence the Federal Reserve's decision on interest rates [2] Company Performance - Merck & Co. (MRK) led the Dow gainers with a rise of 3.17%, followed by Amazon.com Inc. (AMZN) at 2.46% and International Business Machines Corp. (IBM) at 1.96% [3] - Goldman Sachs Group Inc. (GS) and Caterpillar Inc. (CAT) also saw increases of 1.96% and 1.87%, respectively [3] - In contrast, consumer staples and telecom companies faced declines, with Procter & Gamble Co. (PG) down 2.34% and Verizon Communications Inc. (VZ) down 1.70% [3]

Now to the economy. Mixed signals from a long-awaited jobs report sewing confusion within an already divided Federal Reserve casting doubts about the outlook for December. Meanwhile, Vice President JD Vance striking a new tone when it comes to the economy, pleading for patience as millions of Americans grapple with a growing affordability crisis.>> That there's a lot more work to do. And the thing that I'd ask for the American people is a little bit of patience. And as much progress as we've made, it's goin ...

Core Viewpoint - Economists advocate for a repo rate cut by the Reserve Bank of India (RBI) in December, citing record low consumer inflation and the potential for economic growth without significant inflation impact [10][11]. Economic Growth and Inflation Projections - Asia's No. 2 economy is expected to grow between 6.8% to 7% this fiscal year, with consumer inflation projected at 1.8% to 2% [10]. - For FY27, GDP growth is estimated to be between 6.5% to 7%, while inflation is anticipated to be in the range of 3.5% to 4% [2][10]. Policy Considerations - The RBI is likely to revise its inflation forecasts downwards and growth forecasts upwards due to the record low inflation of 0.25% in October, influenced by falling food prices and GST rationalization [6][11]. - The uncertainty surrounding a pending trade agreement with the US adds complexity to the RBI's policy decisions [8][11]. Empirical Evidence and Economic Advisory - Empirical evidence suggests that the costs of missed easing cycles are more detrimental than the costs associated with early easing, indicating that a rate cut now would minimize expected losses [3][10]. - Economists attending pre-policy consultations expressed that a rate cut would enhance growth without significantly affecting inflation [11].