India’s biggest trading partner on account of increasing economic ties in between two countries is the United States.

The United States emerged as the emerged as the biggest trading partner in 2022-2023. As per the reports, the provisional data of the commerce ministry the bilateral trade between the United States and India has been increased by 7.65 percent to $128.55 billion in 2022-2023. It was $119.5 billion in 2021-2022. And in 2020-2021, it was $80.51 billion.

In 2022-2023, exports to the US rose by 2.81 percent to $78.31 billion. It was $76.18 billion in 2021-2022. According to the reports, the imports grew by 16 percent to $50.24 billion. In 2022-2023, India’s commerce with China decreased by about 1.5 percent to $113.83 billion…

The main trading partner of China is Brazil. The reports say, China is accounting for the 31.3 percent of Brazil’s exports. The United States followed the next with 11.2 percent, in Argentina 4.2 percent and in the Netherlands 3.3 percent. In 2023, Brazil’s main supplier is China with 22.8 percent; in United States with 17.7 percent; in Argentina with 5.3 percent and the Germany 5.1 percent.

According to the reports, the bilateral trade in Brazilian-Chinese is strengthening year-on-year, increased by some 11 percent in 2022. This trade increase with $157.5 billion, as per the reports of the UN’s Comtrade database. But the figures may also differ from each other in different sources.

As per the reports by Planalto, Brazil is the top export…

Twitter’s new feature is helping it to gain more popularity. Recently, it has launched italic and bold formatting. It has also begun to offer a subscription product for the users who want to provide for the paid subscriber only content to followers.

Twitter’s paying Twitter Blue customers have the access to the enhanced features. According to the reports, Twitter has launched a new feature which allows its users blue subscribers to tweet up to ten thousand characters in messages. It will be supporting bold and italic formatting too.

Again, Twitter Blue is the company’s subscription product that offers more features in comparison to the free version also including a blue checkmark. It also costs $8 per month if signing up through Twitter.

To manage the balance of economic growth with the global issue of the climate crisis. It is obvious that manufacturing goods, extracting materials, and growing economy of the huge nations is highly energy intensive and produces more waste also in the form of carbon emissions.

Brazil with -34.2 percent stood out for its absolute drop in emissions in 2022. According to the analysts, the fall is due to clean energy generation increased beyond the high demands. According to the reports, gas generation also fell by 46 percent in the country. The hydropower has also dominated the electricity mix of 63 percent and 428 TWh. The wind and solar power have exceeded the global average of 12 percent which accounted for 15 percent of the country’s…

Oil prices fell in May 2023 upon the demand for fuel in top global oil consumers. The consumers like the United States and China offset the bullish sentiment on tightening supplies from the organization of the petroleum exporting countries plus (OPEC+) cuts and renewal in the U.S. buying for reserves.

According to Reuters data, Brent crude futures fell 26 cents to USD73.91 a barrel by 0638 Greenwich Mean Time (GMT). The United States West Texas Intermediate Crude also fell 20 cents, USD69.34 a barrel.

In the second week of May 2023, Brent crude and West Texas Intermediate Crude fell for a consecutive week. It is the most extended stripe of weekly declines since September 2022, which concerns the United States, which could enter a…

Google has announced two new pixel smartphones in its input/output (I/O) opening keynote in May 2023. The first one, Google Pixel 7A, is affordable, and the other one, Pixel Fold, is almost four times the price of the Pixel 7A. Pixel 7A is Google's first foldable smartphone with a 7.6 inches screen when it is flipped open. This foldable and flip-open feature of Pixel Fold brings it closer to the iPad mini's 8.3 inches screen.

Google started the "made by Google" Pixel smartphones in 2016. But even after having attractive prices for the pixel smartphones and good reviews for them, the company could never crack the smartphone market just by selling a small fraction of the devices alongside the market leaders like- Samsung, Apple, and Xiaomi…

The global banking system is a crisis hit due to many geo-political problems. Gold is the only asset that has given good returns to investors more than their expectations. Due to instability in the global economy, gold prices rose, which is an all-time high till date.

The price of gold reached INR 61,490 per 10 grams on the Multi Commodity Exchange (MCX). In the first quarter of 2023, when the stock market was even more volatile due to global economic conditions, gold as a commodity gave stellar returns among all other asset classes. Even gold's charm was intact among the retail investors irrespective of its high price.

In the financial year 2022-2023, the gold price was INR 52,000 in April 2022, and the price has risen to INR 60,000 by…

Food is the most significant contributor to inflation in Latin America and the Caribbean (LAC). In Venezuela, the inflation rate is high for the food of Latin America, as per the data by the Food and Agricultural Organization of the United States (FAO). Venezuela saw an increase of 110.4 percent in the inflation rate until September, and Argentina also saw the second highest rate, 86.8 percent.

According to FAO, the three countries with low food inflation rates for the same period are Bolivia at 2.2 percent, Panama at 5 percent, and Ecuador at 7.1 percent. Also, FAO said that the average annual food inflation in the region was 43.9 percent in September 2022, but it did not exceed 23 percent globally.

The LAC region is still experiencing…

Airbnb (ABNB), a service that lets property owners rent out their spaces to travellers , observe a fall , fall in its stocks as  it expects bookings and average rates of stocks to decline in the second quarter of 2023 when compared to 2022.

In the company's earnings call, the second quarter of 2023 turned out to be a bit tough competition to the stock rates in 2022. But the company is focusing overall on the stable demand for the rest half, as said by Airbnb's CFO.

The Airbnb stock also fell as much as 15 percent in the pre-market trade in May 2023. If we compare the impressive numbers from the company’s earnings report and Wall Street’s expectations as compiled by Bloomberg, the revenue scales up to USD 1.8 billion versus USD 1.79…

U.S Fed decided to stay strong and to keep raising the interest rates to fight against the inflation. Fed chairman, Jerome Powell in a two-day meeting of the Federal Open Market Committee (FOMC), announced a hike of 0.25 percent recently by bringing the target range for the federal funds rate to reach 5 percent to 5.25 percent. It is highest since 2007.

Again, the Fed was also forced to balance the risks of shaky banking sector against the risks of allowing the inflation to flare up. The FOMC also decided to stay firm in its decision regarding the hike in federal funds. The Fed admitted in order to gain confidence, saying the conditions in the sector has improved broadly since March in 2023. It also added that the U.S. banking system was…

Around 2.5 percent of the world's population consumes cannabis, compared to 0.2 percent of people consuming cocaine and 0.2 percent consuming opiates. Currently, cannabis abuse has grown more rapidly than opiates and cocaine.

Recently, a study predicts that the use of cannabis worldwide will increase by more than one billion users by 2027. Most people among the lot will choose for the non-intoxicating and low-THC varieties marketed under the name of CBD.

If we go by the numbers, CBD users should spend around USD 24 on the respective products in 2023. All these numbers of users indicate a very casual use of the product. The per capita revenue for CBD is expected to rise to USD29 by 2027. Also, the expenditure of medical cannabis and…

iPhone sales are growing day by day. Thus, it is making the business grow as Apple noted better results than expected for the second fiscal quarter, May 2023. For the initial three months of the year, USD 24.2 billion is posted in net profit on revenue of USD 94.8 billion in April.

Apple's CEO, Tim Cook, said the company is pleased to report a high record in services and a March quarter recorded good again despite the challenging macroeconomic environment. He added that the company's services revenue climbed to USD 20.9 billion for the first quarter of 2023. Apple faced the opposite situation in the smartphone market by reporting the shipments of smartphones declining globally by almost 14 percent year-over-year.

As per Counterpoint…