OTTAWA—Canada’s economy picked up the pace of growth in the first three months of the year as businesses braced for the disruption of a bruising trade war with the U.S., though domestic activity weakened and hints at what lies in store in the new tariff era.

India's economic growth likely picked up pace in the January–March quarter, buoyed by stronger rural demand and higher government spending, even as private firms delayed investments amid global uncertainties.

The strong GDP growth in the fourth quarter of the financial year ending March 2025 was largely driven by a strong push in capital expenditure by the government after sluggish first-half spending in the wake of Parliamentary and several state elections. Net indirect taxes growing close to 13 per cent also helped.