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GCC expansion facing delays amid tariff, geopolitical uncertainties
Economic Times
ยท
2m ago
Medial
Expansion plans for global capability centres (GCCs) in India are experiencing delays due to US tariff uncertainties and geopolitical tensions, particularly in sectors sensitive to tariffs like automotive. Despite short-term pauses, experts view these as tactical rather than structural issues. Existing GCCs are being pressured to optimise costs through strategic enhancements like generative AI adoption. The long-term outlook remains positive, with continued recruitment and a focus on critical skills in AI/ML, cybersecurity, and cloud technologies.
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US stock market today: Dow struggles, Nasdaq dips, S&P slides as Boeing crashes and Trump sparks fresh China tariff fears
Economic Times
ยท
1m ago
Medial
The US stock market faced volatility as Dow Jones, S&P 500, and Nasdaq experienced fluctuations due to geopolitical tensions and trade policy uncertainties. President Trump's announcement of a "done deal" with China, including a potential 55% tariff, created skepticism and market anxiety. Boeing's stock plummeted following a fatal crash, while Oracle surged due to strong earnings. Rising Middle East tensions raised oil prices, with investors turning to safe havens like gold amid global uncertainties.
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Space startups face uncertainty as US cuts federal spending, report says
Economic Times
ยท
3m ago
Medial
U.S. federal budget cuts have impacted space startups, with a 12.5% drop in funding in the first quarter, according to Seraphim Space. These startups, heavily reliant on government contracts, face delays and cancellations due to spending reductions. Despite earlier investment momentum, current uncertainty, influenced by geopolitical tensions and protectionist trade policies, is creating challenges. However, commercial space companies increasingly play critical roles in cost-effective missions amid economic uncertainties.
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Counterpoint Research cuts 2025 global smartphone shipment growth amid tariff uncertainty
Economic Times
ยท
1m ago
Medial
Counterpoint Research has reduced its 2025 global smartphone shipment growth forecast from 4.2% to 1.9%, due to uncertainties around U.S. tariffs. Although a 90-day tariff suspension was enacted, the situation poses challenges for manufacturers already experiencing sluggish sales amid geopolitical tensions. The firm also adjusted Chinaโs year-on-year shipment growth to nearly flat, and forecasts slower shipments for Apple and Samsung as costs are transferred to consumers, impacting global supply chains and market dynamics.
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China has world's fastest growing nuclear arsenal: SIPRI
Economic Times
ยท
1m ago
Medial
China has the fastest-growing nuclear arsenal, adding 100 warheads annually, projected to reach 1,500 by 2035. The U.S. and Russia hold nearly 90% of the global 12,241 warheads. India's arsenal grew to 180 warheads, developing new missiles for multiple warheads. Pakistan's count remains stable at 170. Despite China's expansion, its potential future arsenal is still about a third of current U.S. and Russian stockpiles. These developments occur amid global geopolitical uncertainties.
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Indiaโs growth outlook trimmed to 6.2% for FY26 as IMF flags global risks due to US tariff flipflop
Business Today
ยท
2m ago
Medial
The IMF has adjusted India's FY26 growth outlook to 6.2% amid global risks linked to US tariff policies. This situation urges India to reevaluate its economic strategies to solidify its global market standing. Recommendations for India include bolstering domestic economic resilience, improving internal market mechanisms, and expanding trade partnerships to withstand external uncertainties.
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Viable to export out of India; clarity on global trade issues to decide future investments here: Cisco - The Economic Times
Economic Times
ยท
7d ago
Medial
Cisco views India as a promising hub for exports and growth, potentially unmatched globally over the next decade. However, the company seeks clarity on global trade policies before further investments. Cisco's manufacturing operations in India began 18 months ago and are expanding. Current geopolitical uncertainties and tariff concerns impact its supply chain strategies. Despite challenges, Cisco values Indiaโs engineering talent and diversity initiatives, considering it central to their global strategy.
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Benign inflation should shield India from global headwinds: Report
Economic Times
ยท
20d ago
Medial
The Reserve Bank of India's June bulletin suggests that benign inflation might protect India from global economic challenges stemming from trade barriers and geopolitical uncertainties. Emerging tariff deadlines could impact global growth, but India's economy shows resilience with the highest growth among major economies. Inflation dipped to 2.8% in May, allowing room for potential easing. However, banking sector growth slows, despite higher foreign direct investment, as competition intensifies in deposit spaces.
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Indiaโs growth opportunity unparallel, to continue investments: Cisco chairman - The Economic Times
Economic Times
ยท
5d ago
Medial
Cisco Systems plans to continue investing in India, driven by the country's significant growth opportunity. Despite US-India tariff uncertainties, CEO Chuck Robbins affirmed ongoing commitments to India, where Cisco has operated for 30 years. The company, enhancing local manufacturing, aligns with India's 'Make in India' initiative. Cisco focuses on next-gen data centers and AI infrastructure, aiming to support traditional and AI workloads. India's geopolitical climate is noted, but Cisco's investment strategy remains firm.
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Apple prices first bond offering in 2 years
Economic Times
ยท
2m ago
Medial
Apple raised $4.5 billion through bond offerings, its first in two years, to fund stock buybacks and debt repayment. The issuance included various bond maturities and attracted substantial demand, with orders hitting $10 billion. This activity is part of a broader surge in new debt offerings amid improving credit spreads and market conditions post-tariff relief announcements. High demand for investment-grade bonds reflects investor preference for stable returns amid economic uncertainties.
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Gautam Adani's Middle East gamble: Billions at risk as Iran-Israel war escalates
Economic Times
ยท
1m ago
Medial
The Adani Group's investments in Israel, including the Haifa Port and defense ventures, face risks as the Israel-Iran conflict intensifies. Haifa Port, vital for Israeli trade, could see cargo delays and disruptions. Adani's defense collaboration with Elbit Systems may gain from increased military needs, but geopolitical tensions complicate economic prospects. A semiconductor project with Tower Semiconductor is paused amidst uncertainties, amplifying the strategic significance of Adani's holdings in this unstable region.
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