The United States and India have agreed to terminate six outstanding trade disputes between them at the World Trade Organization. India also agreed to lift retaliatory customs duties it imposed on a number of U.S. products.The major decision underscoring the close U.S-India bilateral economic and trade relationship was announced by United States Trade Representative Katherine Tai after Indian Prim...
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Political News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.