Indian markets remain closed today as the nation marks its 78th Independence Day.Benchmark indexes Sensex and Nifty ended marginally higher on Thursday despite the Trump administration threatening increased secondary tariffs on India if peace talks between the U.S. and Russia don't go well in Alaska."We've put secondary tariffs on Indians for buying Russian oil. And I could see, if things don't go...
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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.