China steel output slows while India emerges as key growth market: Goldman Sachs report

Goldman Sachs projected relatively stable steel prices across major global markets through the remainder of 2026, with US steel prices expected to remain stronger than those in Europe, China and Brazil. Global steel prices continued to climb across major markets in April and early May, with Brazil emerging as the strongest-performing region, even as China’s…

INR vs USD: Why is the rupee Asia’s worst-performing currency YTD? Explained with 5 reasons

INR vs USD: Rupee slipped to an all-time low of ₹90.28 per dollar on December 3, 2025. With a 5.3% year-to-date (YTD) drop, the rupee is headed for its sharpest annual decline since 2022, making it Asia’s worst-performing currency so far this year. The Indian rupee fell past 90 per US dollar to a record…

Trump says Japan deal reached with tariff rate set at 15%

“I just signed the largest trade deal in history — I think maybe the largest deal in history — with Japan,” Trump said at an event at the White House on Tuesday after announcing the deal on social media. Trump said on Truth Social that the pact calls for Japan to “open their Country” to…

EPFO raises advance withdrawal limit to ₹5 lakh from PF accounts

The move will enable members of retirement fund body EPFO to get their advance withdrawal claims of up to Rs 5 lakh settled within three days   Union Labour Minister Mansukh Mandaviya on Tuesday announced raising the limit from Rs 1 lakh to Rs 5 lakh for auto-settlement of claims for advance withdrawal from employees’…