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Global Market Today: Asian stocks edge higher, oil extends lossesMSCI’s Asia Pacific equities gauge advanced 0.2% with Japan shut for a public holiday. S&P 500 futures rose 0.3% after the underlying gauge...- Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
- Who is Michael Kremer, the Nobel laureate set to become World Bank’s next chief economist?Nobel laureate Michael Kremer will become the World Bank's next chief economist. He is recognized for his experimental approach to alleviat...
- World Bank names Nobel laureate Michael Kremer as next chief economistMichael Kremer, the distinguished Nobel laureate, is set to assume the role of chief economist at the World Bank. With a robust background ...
- US Treasury secretary Scott Bessent says rising bond yields due to 'global issues'US Treasury Secretary Scott Bessent emphasized global challenges as the backdrop for increasing bond yields during his comments to reporter...
- India’s richer households are fuelling a market-investing boomIndia's economy will grow due to domestic consumption and infrastructure spending. Rising incomes will support a higher growth trajectory b...
- BRICS leaders adopt New Delhi declaration, voice concerns over 'unilateral' tariffs and non-tariff trade barriersBRICS adopted the New Delhi Declaration, expressing serious concern over rising unilateral tariffs. The bloc also condemned coercive measur...
- At BRICS, Modi warns geopolitical tensions and supply chain shocks threaten global stabilityPrime Minister Modi urged BRICS nations to boost cooperation and support for the Global South. Rising geopolitical tensions and climate cri...
- BRICS 2026: India cracks the code in a divided room with 4 AM talks & diplomatic heavy liftingPrime Minister Narendra Modi helped broker a unanimous BRICS statement on the Middle East conflict despite sharp differences among members ...
- 'UNSC reform can no longer be delayed': UN backs PM Modi's UNSC reform push, credits India's BRICS PresidencyThe UN spokesperson supports Prime Minister Modi's call for Security Council reform. He stated the current structure does not reflect 21st-...
- Iran and UAE back joint BRICS statement urging restraint in warIran and the United Arab Emirates joined a BRICS statement urging Middle East restraint. This move signals diplomatic progress between the ...
- Pakistan wants a seat at the BRICS table. What stands in its way?Pakistan formally applied for BRICS membership in 2023 and sought Russia’s backing, but its bid has yet to succeed. While Islamabad could c...
- BRICS finance chiefs urge reform of global development financial institutionsBRICS finance ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...
- India's forex reserves jump $44.90 billion to record $785.71 billion as of September 4India's foreign exchange reserves reached a record $785.71 billion. This surge followed a significant increase in the previous week. Foreig...
- India has shown ‘quite a lot of resilience’ to oil price shock, says IMF as it welcomes stronger statistical frameworkAcknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...
- IMF says India remains growth engine for world, monitoring impact of higher oil pricesIndia's economy stands out as a powerhouse of global growth, as noted by the IMF. The second quarter showcased an impressive 7.8% growth, s...
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- ECB raises interest rates as Iran war fuels inflation fearsThe European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and confl...
- Global Market: ECB seen raising rates as Iran war fuels inflation fearsThe European Central Bank is widely expected to raise interest rates to 2.50% on Thursday as soaring energy prices amid the Iran war fuel f...
- US dollar reserve shift may be less widespread than headline figures suggest, NY Fed study findsThe dollar’s share of global reserves has fallen, but a New York Fed study says the decline is concentrated among a few countries. Reserve ...
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