IMF said that the emerging market and developing economies have experienced \"powerful crosswinds\" in recent months, courtesy factors like higher yields in the United States, dollar appreciation, escalating trade tensions, geopolitical conflict, and rising oil prices.

The Facebook-owned messaging platform, WhatsApp, will award $50,000 to independent researchers who study the spread of false propaganda on the communication platform and highlight measures for curtailing the same.

Early in the year, in a bid to provide internet connectivity beyond railway stations, it had partnered with Larsen & Toubro (L&T) to bring 150 Google Station hotspots to Pune, which was part of the Pune Smart City Project.

The move will have a big impact on Indian-American women as they are the major beneficiary of the Obama-era rule. Fearing job loss, many such women have started applying in different companies back in India.

In 1991, India received only $3 billion as remittances. The current numbers are 22 times that of 1991, indicating a staggering increase in money coming back to India.

In Asia Pacific, the salary surge could add more than $1 trillion to annual payrolls by 2030, jeopardising corporate profitability and threatening business models if kept unchecked.

While India could have imposed the retaliatory tariffs on US imports right away, but it is allowing US some time ahead of a trade package negotiation between the two nations.

In India, only 22% adults own smartphones, with 51% owning feature phones. A staggering 26% of Indian adults do not own any phone at all.

India proposes to raise customs duty on 30 items by up to 50%. The move comes in response to duties hiked by the US on certain steel and aluminium products. The list includes items like motorcycles, certain iron and steel goods, boric acid and lentils. Watch BusinessToday.In video to know more about frictions between the two countries.

China has decided to impose additional duties of 25 per cent on 659 items of US products worth about USD 50 billion, right after US President Donald Trump slapped a 25 per cent tariff on Chinese goods worth similar amount.

The EU has launched its first counteroffensive against Washington's punishing steel and aluminum tariffs while the US began meetings in Canada with outraged finance ministers from its top trading partners.