Michael 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 emphasized global challenges as the backdrop for increasing bond yields during his comments to reporter...

India's economy will grow due to domestic consumption and infrastructure spending. Rising incomes will support a higher growth trajectory b...

BRICS adopted the New Delhi Declaration, expressing serious concern over rising unilateral tariffs. The bloc also condemned coercive measur...

Prime Minister Modi urged BRICS nations to boost cooperation and support for the Global South. Rising geopolitical tensions and climate cri...

Prime Minister Narendra Modi helped broker a unanimous BRICS statement on the Middle East conflict despite sharp differences among members ...

The UN spokesperson supports Prime Minister Modi's call for Security Council reform. He stated the current structure does not reflect 21st-...

Iran and the United Arab Emirates joined a BRICS statement urging Middle East restraint. This move signals diplomatic progress between the ...

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 ministers and central bank governors are calling for essential reforms within global institutions, with an aim to amplify the...

India's foreign exchange reserves reached a record $785.71 billion. This surge followed a significant increase in the previous week. Foreig...

Acknowledging India's strength in weathering increased energy prices, the International Monetary Fund has praised the country's economic st...

India'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...

The global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...

The European Central Bank increased interest rates again this year. This action aims to control inflation fueled by energy prices and confl...

The 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...

The dollar’s share of global reserves has fallen, but a New York Fed study says the decline is concentrated among a few countries. Reserve ...