Ganesh Rao

1 week ago | cnbc.com | Ganesh Rao

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big storyAmerica's trade war with the rest of the world threatens to shake up long-held alliances, disrupt global supply chains, and reinvent methodologies for calculating the appropriate level of reciprocal tariffs.

1 week ago | nbcchicago.com | Lim Hui Jie |Ganesh Rao

India's annual inflation rate fell to a lower-than-expected 3.34% in March, the country's Ministry of Statistics and Programme Implementation reported Tuesday. The reading fell for a fifth straight month and came in slightly below the 3.61% seen in February. Economists polled by Reuters had expected a reading of 3.6%.

1 week ago | cnbc.com | Ganesh Rao

European stock markets are holding up significantly better than their American peers amid the escalating tit-for-tat trade war between the world's largest economies. While the S & P 500 has fallen nearly 11% year-to-date, European indices have fared considerably better. The STOXX Europe 600 is down just 4.4%, France's CAC 40 has slipped 4%, Britain's FTSE 100 has declined nearly 3% and Italy's FTSE MIB is down just 0.9%. Germany's DAX is even in positive territory, holding up 2.4%.

2 weeks ago | cnbc.com | Ganesh Rao

Wall Street strategists have turned bullish on gold after a pullback in the precious metal's price since U.S. President Donald Trump unveiled "reciprocal" tariffs on most countries worldwide. Morgan Stanley said gold was its "top pick" among commodities, while UBS strategists urged investors to "buy the dip in gold" and the price action in the metal over the past week suggested it was a "feather in gold's cap," according to Deutsche Bank.

2 weeks ago | cnbc.com | Ganesh Rao

This report is from this week's CNBC's "Inside India" newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse and the big businesses behind its meteoric rise. Like what you see? You can subscribe here. The big storyA 10% levy on all Indian goods entering the U.S. is markedly better than a 26% import tax. Sure. But the threat of the higher figure being reimposed on India hasn't disappeared.