Economy news

• From 600 to 5,000 packages an hour: FedEx unveils $150 million Delhi cargo hub

  25-08-2026 09:28 via timesofindia.indiatimes.com
  
  FedEx will invest $150 million to build a new air cargo hub in Delhi. This facility will significantly increase package processing capacity at the airport. The hub aims to strengthen air cargo connectivity across North and East India. The Indian government is also focusing on developing cargo hubs and logistics networks. Construction work for the new FedEx facility is expected to begin shortly.
  
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• Why Trump may have to target China to make its Iran 'economic D-Day' work

  25-08-2026 09:22 via timesofindia.indiatimes.com
  
  China is the biggest buyer of Iranian crude - around 90% of Iran’s oil exports flow to China. Will Trump’s secondary sanctions threat against any country aiding Iran economically reach China, or even have an impact?
  
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• ‘Gut punch’: What Trump’s new $103,265 H-1B visa fee proposal means for Indian aspirants

  25-08-2026 08:16 via timesofindia.indiatimes.com
  
  The H-1B programme enables US employers to hire foreign workers trained in specialised fields. It provides for 65,000 visas each year, along with another 20,000 for workers holding advanced degrees, with visas approved for periods of three to six years.
  
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• Bitcoin crosses $80,000 for first time since mid-May driven by weaker dollar, gains 28% in August

  25-08-2026 07:57 via timesofindia.indiatimes.com
  
  Bitcoin crossed the threshold of eighty thousand dollars on Tuesday, marking a significant extension of its rally. The driving forces behind this surge include a weakening US dollar and optimistic policy forecasts that have spiked cryptocurrency interest. The movements came in response to Treasury Secretary Scott Bessent's actions in the bond market.
  
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• RBI intervenes to support rupee as oil prices, dollar demand rise: Report

  25-08-2026 07:27 via timesofindia.indiatimes.com
  
  The Reserve Bank of India likely intervened in foreign exchange markets. Elevated oil prices and corporate dollar demand pressured the rupee. State-run banks offered dollars, indicating central bank action. The rupee remained range-bound for two weeks due to sustained intervention. Geopolitical tensions and equity market weakness also impacted the currency.
  
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• Rupee slips to 95.74 against US dollar as crude prices, importer demand weigh

  25-08-2026 06:49 via timesofindia.indiatimes.com
  
  On Tuesday, the Indian Rupee faced a minor decline against the US dollar, influenced by rising crude oil prices and increased demand from importers. The Reserve Bank of India stepped in to stabilize the currency, keeping its fluctuations minimal. Meanwhile, domestic equities opened softly, although foreign institutional investors maintained their purchasing momentum in the stock market.
  
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• Trump’s SpaceX stake: US President invested up to $50,000 in Musk’s company - report

  25-08-2026 06:44 via timesofindia.indiatimes.com
  
  President Donald Trump reportedly invested between fifteen thousand and fifty thousand dollars in Elon Musk's SpaceX. This financial disclosure reveals a new link between the president and a major government contractor. SpaceX completed its largest-ever US IPO, reaching a significant valuation and becoming a key player. The investment comes as the Trump administration makes decisions impacting SpaceX's business operations.
  
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• Mumbai only Indian city in global Work From Anywhere Index, ahead of London, Miami

  25-08-2026 06:36 via timesofindia.indiatimes.com
  
  Mumbai has emerged as a prime hub for remote professionals, owing to its competitive transport costs and abundant flexible workspace options. As India's flexible workspace market expands rapidly, this city leads in Asia. The increasing adoption of Work From Anywhere policies has inspired many to combine travel with work, resulting in longer vacations to accommodate remote tasks.
  
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• ‘Hire and train Americans’: JD Vance defends proposed six-figure H-1B fee

  25-08-2026 06:03 via timesofindia.indiatimes.com
  
  The US Department of Homeland Security proposed a new $103,265 fee for H-1B visa petitions. This fee aims to recover government costs for administering the immigration system. Vice President JD Vance supports the proposal, emphasizing hiring American workers. Indian professionals, a major beneficiary group, could be significantly impacted by this change. The public has thirty days to submit comments on this proposed rule.
  
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• Honey to hockey sticks: Trump's 50% tariff net catches 550+ Canadian goods

  25-08-2026 05:20 via timesofindia.indiatimes.com
  
  The United States has enacted a substantial 50% tariff on a wide range of Canadian goods, affecting more than 550 products, including common consumer items. In response, Canada intends to implement retaliatory measures that match the U.S. tariffs. This trade dispute continues to escalate further, with threats of additional tariffs on automotive products, indicating a growing conflict with severe economic implications for both nations.
  
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• Top stocks to buy today: Stock market recommendations for August 25, 2026 - check list

  25-08-2026 04:48 via timesofindia.indiatimes.com
  
  Stock market recommendations: Jindal Steel, Bajaj Auto, Engineers India, and NMDC - these have been recommended as the top stocks to buy today on August 25, 2026 by Somil Mehta, Head of Retail Research, Mirae Asset ShareKhan:
  
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• Oil price today: Brent crude stays above $90 as Middle East standoff intensifies

  25-08-2026 04:02 via timesofindia.indiatimes.com
  
  Amidst a backdrop of fresh US sanctions on Iran, oil prices held firm as investors calculated the implications. The atmosphere grew tense after an oil tanker encountered damage near Oman's shores. With the US tightening its sanctions to curtail Iran's financial resources, analysts remarked that economic pressures allayed concerns over potential Middle Eastern oil supply interruptions, coinciding with US crude reserves reaching their lowest tier since 1982.
  
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• India a safe base, Piyush Goyal tells Japanese investors

  25-08-2026 00:54 via timesofindia.indiatimes.com
  
  Cites Long List Of Trade Deals, Says Data Is Protected, Intellectual Property Is Secure
  
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• Russian President Putin says will continue fertiliser supplies to India

  25-08-2026 00:04 via timesofindia.indiatimes.com
  
  Prez
  
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