• The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest ra ...More

    The Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly three years. ...Less

  • Global economic leaders gather in France amid rising inflation and oil prices. A recent deal between the ...More

    Global economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but the war's economic impact persists. Central banks have raised interest rates. G7 nations aim to avoid conflict with U.S. President Donald Trump, focusing on narrower economic issues. The group's relevance is questioned as emerging economies grow. ...Less

  • India is poised to gain from global supply chain shifts. Strategic neutrality and domestic focus are key. ...More

    India is poised to gain from global supply chain shifts. Strategic neutrality and domestic focus are key. The nation must build robust buffers and implement targeted industrial policies. International cooperation is vital. India can lead in AI adoption and data centres. Seizing this moment will create significant economic opportunities. ...Less

  • Russia and India have forged a new global economic model, preventing global collapse and aiding the Globa ...More

    Russia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources. This partnership, a key achievement amid sanctions, is shaping a polycentric world order. Experts highlight the threat of World War III and the need for new global rules, with Russia and India playing a crucial role in this evolving landscape. ...Less

  • The global economy is holding strong despite the Middle East war. Commodity prices and inflation have ris ...More

    The global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not yet evident. The IMF chief noted a recent agreement to reopen the Strait of Hormuz. An updated economic forecast is due soon. The IMF previously outlined scenarios for future growth. ...Less

  • The Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, h ...More

    The Reserve Bank of India's Monetary Policy Committee has opted for a cautious "wait and watch" stance, holding the repo rate steady due to significant geopolitical and weather-related uncertainties. Concerns over rising crude oil prices and potential El Nino impacts are driving inflation worries. While core inflation remains subdued, the committee emphasized vigilance against generalized price increases, prioritizing data dependency before considering any policy rate adjustments. ...Less

  • India faces significant economic risks from the West Asia conflict, including potential disruptions to oi ...More

    India faces significant economic risks from the West Asia conflict, including potential disruptions to oil and fertilizer imports via the Strait of Hormuz and reduced remittances from the Gulf. El Niño-induced monsoon failures also pose a threat to agriculture. Despite these vulnerabilities, the nation's strong foreign exchange reserves and fiscal space offer some resilience. Growth projections have been tempered, highlighting the need for careful economic management. ...Less

  • The major diplomatic breakthrough between Washington and Tehran was announced on Sunday, with President T ...More

    The major diplomatic breakthrough between Washington and Tehran was announced on Sunday, with President Trump saying that the agreement would bring "peace and security" to West Asia and facilitate the reopening of the critical energy chokepoint Strait of Hormuz. ...Less

  • Japan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductor ...More

    Japan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectations, even as global trade faced challenges. Electronic components, especially for AI applications, led the surge. Shipments to the US and China remained strong. Imports also increased, primarily due to higher energy prices. ...Less

  • World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran war

    Global economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, ...More

    Global economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices and created uncertainty. Developing nations face a significant slowdown. While the US economy remains resilient, other countries are experiencing harder impacts. Disruptions in energy and fertiliser trade are a major concern. ...Less

  • Pakistan eyes more global bond issues, sees budget upside from Iran deal

    Pakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potenti ...More

    Pakistan's Finance Minister Muhammad Aurangzeb stated it's too early to revise the budget despite potential economic improvements post-Iran war. He noted that damaged energy infrastructure will delay supply chain normalization and inflation recovery. Aurangzeb also indicated plans to shift towards commercial borrowing to alter Pakistan's creditor profile without increasing overall external debt. ...Less

  • Oil below $80 may cap fuel price hikes, boost India outlook

    Falling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This develop ...More

    Falling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic outlook, with economists predicting improved inflation and growth. Lower oil costs will also help narrow the current account deficit. While wholesale inflation may react quickly, retail inflation depends on oil marketing companies' decisions. ...Less

  • Indian Embassy in Oman confirms repatriation nationals killed in MT Settebello attack

    Mortal remains of two Indian nationals killed in US strikes on vessel MT Settebello have been repatriated ...More

    Mortal remains of two Indian nationals killed in US strikes on vessel MT Settebello have been repatriated to India. India strongly protested the attacks, which killed three Indian mariners, calling them unjustified. Prime Minister Modi highlighted the impact of maritime trade disruptions and the loss of Indian lives. ...Less

  • Global air travel demand to slow to 2.1% in 2026, IATA says

    Global air travel demand is set to grow in 2026, but at a slower rate. The Middle East faces a significan ...More

    Global air travel demand is set to grow in 2026, but at a slower rate. The Middle East faces a significant contraction due to ongoing conflicts. Africa is projected for the strongest growth. Asia Pacific will lead global expansion. Europe and Latin America will see moderate increases. North America's growth will be limited. The industry shows adaptability despite challenges. ...Less

  • FM Sitharaman flags global crisis spillovers, unfair burden on developing nations

    Finance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imba ...More

    Finance Minister Nirmala Sitharaman stated that the Global South should not bear the brunt of global imbalances and conflicts. Representing India at a summit, she emphasized the need for coordinated global action and stronger multilateral cooperation to build resilient economies and ensure inclusive growth for all. ...Less

  • PM Modi, Trump to discuss West Asia crisis, energy partnership, trade deal on sidelines of G7 Summit: Sources

    Prime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and ...More

    Prime Minister Modi and President Trump are set to discuss West Asia tensions, the Strait of Hormuz, and a bilateral trade agreement during their G7 meeting. Both nations aim to build a long-term energy partnership amid global supply chain concerns. The trade deal is reportedly in its final stages, with negotiations progressing steadily. ...Less

  • India to remain fastest-growing major economy at 6.6 pc in FY27, down from 7.2 last year: World Bank

    India will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent i ...More

    India will remain the world's fastest-growing major economy. Growth is projected to slow to 6.6 percent in fiscal year 2026-27. This moderation is due to higher energy prices and input costs. However, the economy is expected to rebound to 7.2 percent growth in fiscal 2027-28. Domestic demand remains robust, supporting economic activity. ...Less

  • Luggage brand Delsey Paris to double India investment

    Delsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Desp ...More

    Delsey Paris anticipates flattened global growth in 2026-27 due to Middle East business disruptions. Despite this, India remains a top priority market, experiencing 20% revenue growth and contributing 5% to the group's business. The brand plans to expand its retail presence in India and is doubling its investment to double business within three years. ...Less

  • Which city is known as the world's gold capital? The historic gold discovery that changed an entire world’s future

    Johannesburg, known as the "Gold Capital of the World" or "eGoli," rose to prominence after a significant ...More

    Johannesburg, known as the "Gold Capital of the World" or "eGoli," rose to prominence after a significant gold discovery in 1886. This sparked a global gold rush, transforming the Witwatersrand Basin into a major mining hub. The region has since produced nearly 40% of all gold ever mined, solidifying Johannesburg's historical and economic legacy. ...Less

  • Middle East oil and gas output will take months to fully recover

    A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping rou ...More

    A landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already caused oil prices to drop. However, industry experts warn that restoring oil production and refinery operations to their previous levels will be a lengthy process, potentially taking months or even years. ...Less

  • Compliance complexity is the defining challenge amid tariff uncertainties: Maersk Asia Pacific survey

    Vietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with ...More

    Vietnam, Thailand, and India emerge as key multi-country hubs. AI adoption is high, but integration with compliance platforms is crucial for true tariff exposure reduction. ...Less

  • Global Markets: Central banks stay vigilant despite oil price relief after US-Iran truce

    Global central banks remain cautious despite easing oil prices following the US-Iran truce. While lower e ...More

    Global central banks remain cautious despite easing oil prices following the US-Iran truce. While lower energy costs ease inflation fears, G10 policymakers continue to signal possible rate hikes if price pressures persist. Diverging monetary paths across the US, Europe and Asia highlight an ongoing global fight against inflation. ...Less

  • Markets likely to move beyond geopolitics, focus to shift to earnings: Devina Mehra

    Devina Mehra believes geopolitical deals like a potential Iran-US agreement won't drive Indian equities, ...More

    Devina Mehra believes geopolitical deals like a potential Iran-US agreement won't drive Indian equities, with earnings and liquidity being key. She advises investors against reacting to geopolitical risks, citing historical data. Mehra also highlights the dangers of emotional investing and emphasizes the importance of global diversification beyond the US. ...Less

  • Dollar sees 'bullish break' on Fed rate-hike bets

    The US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise int ...More

    The US dollar is experiencing a significant rally. Traders are betting the Federal Reserve will raise interest rates soon. This has strengthened the dollar against major currencies like the euro, Canadian dollar, and yen. The Fed's policy update is boosting US assets. The US economy's strength is also a factor. Oil prices are retreating following a US-Iran deal. ...Less

  • Service exports are powering India's global growth story. It's time to recognise the businesses behind it.

    As India's services sector drives global growth, the Payoneer India Cross-Border Excellence Awards 2026 c ...More

    As India's services sector drives global growth, the Payoneer India Cross-Border Excellence Awards 2026 celebrate businesses exporting innovation, expertise, and digital capabilities worldwide. From IT and AI to SaaS, Managed Services, and EdTech, the awards recognise organisations shaping India's position as a leading global services powerhouse. ...Less

  • As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremes

    Economists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakn ...More

    Economists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while others foresee hikes amid strong growth and inflation. Geopolitical tensions, oil price volatility, and AI investment add to the uncertainty. The Federal Reserve faces a complex decision on its next interest rate move. ...Less

  • Tulsi Gabbard alleges Anthony Fauci funded Wuhan research in China that sparked COVID-19

    Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These do ...More

    Outgoing US Director of National Intelligence Tulsi Gabbard has released declassified documents. These documents accuse Dr. Anthony Fauci of funding gain-of-function research in Wuhan. Gabbard claims Fauci influenced intelligence assessments on COVID-19 origins. She also alleges he misled Congress under oath. The revelations come on her final day in office. ...Less

  • P&G India flags pressure on consumer demand, input costs

    Procter and Gamble India sees rising costs and softening urban demand, with company executives saying inf ...More

    Procter and Gamble India sees rising costs and softening urban demand, with company executives saying inflation will impact consumer spending. However, despite near-term challenges, P&G maintains a positive long-term outlook for India. ...Less

  • Ceasefire hopes between US and Iran drag oil prices lower: What lies ahead?

    The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, mark ...More

    The recent decline in oil prices is primarily driven by fading fears of supply disruptions. Earlier, markets had priced in worst-case scenarios, including a prolonged conflict and potential blockage of critical energy trade routes. However, as ceasefire negotiations progressed, traders began unwinding these risk premiums. ...Less

  • How Brexit is estimated to have hit the UK economy

    Britain's economy shows weak growth since leaving the European Union. Various researchers estimate signif ...More

    Britain's economy shows weak growth since leaving the European Union. Various researchers estimate significant losses in GDP, productivity, and investment. These impacts stem from increased business uncertainty and reduced trade. New trade deals are not expected to offset these effects. The long-term outlook points to a smaller economy compared to remaining in the EU. ...Less

  • Unleash anime spirits: India must tap the fast-growing global animation market as part of its orange economy push

    Anime's global appeal is skyrocketing, with international markets now driving over half of its revenue. T ...More

    Anime's global appeal is skyrocketing, with international markets now driving over half of its revenue. This boom is fueled by streaming platforms and lucrative brand collaborations, transforming anime into a global IP powerhouse. While blockbuster movies and expanding international production signal immense growth, the industry grapples with underpaid workers and talent shortages, prompting exploration of AI solutions to ease production burdens. ...Less

  • Green economy companies top $10 trillion market cap

    The green economy has hit a record $10 trillion market value. Revenue from climate solutions grew signifi ...More

    The green economy has hit a record $10 trillion market value. Revenue from climate solutions grew significantly last year. Companies focused on green activities are outperforming the stock market. This growth shows resilience despite global challenges. The energy transition is now driven by security and economic factors. Investors are urged to reconsider their exposure to this growing sector. ...Less

  • Stuck in acres of mediocre: External shocks expose India's slide into middle-income stagnation

    India's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak ...More

    India's economy is experiencing a slowdown. High growth and low inflation mask underlying issues of weak demand and poor productivity. This situation is pushing India towards a middle-income trap, a path previously taken by other nations. External shocks are highlighting structural weaknesses like jobs and wages crises. ...Less

  • US-Iran peace deal brings relief, but India turns to a risk at home

    India just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakn ...More

    India just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditions are emerging as the next major test for growth and price stability, shifting focus from imported energy stress to domestic climate risk. ...Less

  • Gold imports fall to 25-30 tonnes/month from 70-100 tonnes after duty hike: Govt source

    Gold imports into India have dropped sharply. The government's decision to increase import duty is provin ...More

    Gold imports into India have dropped sharply. The government's decision to increase import duty is proving effective. Higher gold prices and reduced jewellery demand also contributed to this trend. Increased global gold recycling is another factor. Official gold inflows have also moderated. The government is not pursuing gold monetisation due to past challenges. ...Less

  • 12 years of govt: Share of services sector in total exports jumps to 49% in FY26

    India's services exports saw a substantial rise, increasing their share in total exports. This growth was ...More

    India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digital services. Software services led the expansion. Overall exports also grew considerably. The government implemented measures to boost trade facilitation over the past twelve years. ...Less

  • India’s trade strategy: Moving beyond FTAs

    Currently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies. ...More

    Currently, India’s FTA utilisation rate hovers around 25% compared to 70-80% in developed economies. ...Less

  • Portfolio careers gain ground as white-collar gig work surges in India

    The rise is being driven by younger professionals: nearly 40% of consultants joining the platform in FY26 ...More

    The rise is being driven by younger professionals: nearly 40% of consultants joining the platform in FY26 had between three and eight years of experience compared with about 30% in FY25. The number of professionals registering as independent consultants has grown nearly 290% since 2022, with monthly additions rising from around 1,500 in FY24 to about 3,000 in FY25 and crossing 5,000 in FY26. ...Less

  • World's top miners BHP, Rio Tinto see India emerging as steel's next growth frontier beyond China

    Global mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urban ...More

    Global mining giants BHP and Rio Tinto are focusing on India for future steel demand. India's rapid urbanisation and infrastructure projects are driving growth. This expansion is expected to offset slowing demand from China. Both companies are well-positioned to support India's ambitious steel production targets. The Global South, particularly India, is becoming a key growth market. ...Less

  • Building a frontier ecosystem over models essential for global economic value: Microsoft CEO

    Microsoft chairman and CEO Satya Nadella stated that the priority for the global economy must center on b ...More

    Microsoft chairman and CEO Satya Nadella stated that the priority for the global economy must center on building a frontier ecosystem rather than just a frontier model to ensure value flows broadly across every company, industry, and country. ...Less

  • Global energy transition readiness dips, India among top gainers: WEF

    Global energy transition readiness has declined for the first time in over a decade. Geopolitical risks a ...More

    Global energy transition readiness has declined for the first time in over a decade. Geopolitical risks are a major factor. However, India has registered one of the strongest improvements. India advanced two places to rank 70th on the World Economic Forum's Energy Transition Index 2026. This progress is attributed to infrastructure gains and improvements in equity, sustainability, and financial investment. ...Less

  • Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates

    New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particu ...More

    New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on interest rates. This move, aimed at making markets less reliant on Fed signals, has already caused market volatility. Analysts warn this could lead to higher borrowing costs for consumers and businesses, contrasting with previous chairs who used guidance to stabilize markets and lower rates. ...Less

  • PM Modi holds bilateral talks with Kenya, Japan, Egypt and South Korea leaders on sidelines of G7 Summit

    Prime Minister Narendra Modi met with leaders from the UAE, Kenya, Egypt, South Korea, and Japan at the G ...More

    Prime Minister Narendra Modi met with leaders from the UAE, Kenya, Egypt, South Korea, and Japan at the G7 Summit in Evian, France. Discussions focused on boosting trade, investment, and strategic ties. Modi also stressed dialogue for global conflict resolution and highlighted maritime security. India's participation marked its 13th G7 outreach. ...Less

  • Assam emerges as concert hub; Rs 700 crore opportunity seen in 5 years

    Assam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boos ...More

    Assam is becoming a top live entertainment hub in India. Progressive policies and infrastructure are boosting the economy and tourism. A recent concert generated significant revenue and visitor spending. The state aims to host more major events, creating jobs and showcasing its culture. ...Less

  • ETMarkets Smart Talk| RBI's rate-cut cycle may be over; bond index inclusion could bring $25 billion: DSP MF's Sandeep Yadav

    Sandeep Yadav of DSP Mutual Fund believes the RBI's rate-cut cycle may be nearing its end as inflation ri ...More

    Sandeep Yadav of DSP Mutual Fund believes the RBI's rate-cut cycle may be nearing its end as inflation risks remain elevated. He expects India's inclusion in global bond indices to attract over $25 billion in debt inflows over time, while cautioning that such flows may offer only temporary support to the rupee. ...Less

  • Bharti Airtel's Rahul Vatts named COAI Chairperson for 2026-27

    Rahul Vatts of Bharti Airtel will lead COAI as Chairperson for 2026-27. Ravi Gandhi of Reliance Jio will ...More

    Rahul Vatts of Bharti Airtel will lead COAI as Chairperson for 2026-27. Ravi Gandhi of Reliance Jio will be Vice-Chairperson. The announcement came after COAI's Annual General Body Meeting. The telecom industry body reviewed sector developments and discussed future priorities. This leadership change marks a new phase for strengthening India's digital communications ecosystem. ...Less

  • India's fiscal policy is evolving to support domestic growth: S&P Global

    India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties ...More

    India is adjusting its fiscal policy to boost domestic growth and economic strength. Global uncertainties are prompting a move towards long-term strategies. Measures are in place to manage rising energy and food costs. This shift aims to protect growth and reduce vulnerabilities in an uncertain world. India is balancing growth support with long-term stability. ...Less

  • GDP growth momentum intact, no need for additional borrowing so far: Govt sources

    India's economy is navigating external challenges like rising import costs. However, domestic consumption ...More

    India's economy is navigating external challenges like rising import costs. However, domestic consumption remains strong, ensuring growth momentum. Government sources indicate no immediate need for extra borrowing. Disinvestment and asset monetisation are being pursued to boost non-tax revenue. Macroeconomic data will be reassessed in July. Reforms to boost foreign investment are planned. ...Less

  • War, oil and El Nino: Triple threat may cut India Inc's profit margins by 150 bps

    India Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt comp ...More

    India Inc faces challenges ahead. Geopolitical tensions in West Asia and El Nino conditions may hurt company profits. Operating profit margins could shrink. Rural demand might be disrupted. Revenue growth is projected to slow down. Companies may face higher costs for imports and fuel. Some sectors show resilience in investment. The future credit profile depends on managing global risks. ...Less

  • Russia eyes ports, biotech for rupee surplus investments in India

    Russia is eyeing India's burgeoning infrastructure, particularly its ports, for investments using accumul ...More

    Russia is eyeing India's burgeoning infrastructure, particularly its ports, for investments using accumulated rupee funds. Discussions are underway to deploy this surplus in high-growth sectors like biotechnology, covering healthcare and agriculture, and also in Special Economic Zones. This strategic move aims for long-term returns while potentially mitigating the impact of sanctions on Russia. ...Less

  • Indian aviation market offers long-term opportunities: Star Alliance CEO

    India's aviation market presents significant long-term opportunities. Air India is poised to benefit from ...More

    India's aviation market presents significant long-term opportunities. Air India is poised to benefit from this growth. Demand for premium leisure travel is rising globally and in India. Star Alliance members are adapting to this trend. Air India's transformation is progressing well with Star Alliance support. ...Less

  • Inflation seen at 5% in FY27, 50-75 bps rate hikes likely as food and fuel risks build: Report

    Inflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and ...More

    Inflation is set to climb to 5.0 percent in FY27. Upside risks persist due to the West Asia conflict and a potential below-normal monsoon. ICICI Bank Global Markets anticipates policy rate hikes of 50-75 basis points. Food inflation is accelerating, with vegetables seeing a significant jump. Core inflation is also firming up. Energy prices are rising with global crude. ...Less

  • IIT Delhi retains top spot among Indian universities in QS world rankings 2027

    The Indian Institute of Technology Delhi (IIT Delhi) has retained its position as India's highest-ranked ...More

    The Indian Institute of Technology Delhi (IIT Delhi) has retained its position as India's highest-ranked university in the QS World University Rankings 2027, climbing to 118th globally and equalling the best-ever ranking achieved by an Indian institution in the prestigious global index. ...Less

  • Karo Sambhav raises Rs 56 crore from Rainmatter to expand critical mineral recovery from e-waste

    Karo Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost th ...More

    Karo Sambhav, a circular economy startup, secured Rs 56 crore from Rainmatter. This funding will boost their infrastructure for recovering critical minerals and valuable materials from electronic waste. The company aims to scale its recycling operations, focusing on extracting precious and high-value components from end-of-life products. This move supports India's manufacturing future and reduces import dependence. ...Less

  • India, US 'very close' to inking a trade deal, says Trump after meet with Modi

    US President Donald Trump stated that India and the US are very close to finalizing a trade deal, followi ...More

    US President Donald Trump stated that India and the US are very close to finalizing a trade deal, following a meeting with Prime Minister Narendra Modi on the sidelines of the G7 summit. Modi raised concerns about the safety of Indian seafarers in the Gulf, emphasizing their security and freedom of navigation. ...Less

  • Lower crude may not mean cheaper fuel immediately: NIPFP economist

    Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not ...More

    Global crude oil prices may fall after Middle East peace efforts. However, fuel prices in India might not decrease immediately. Oil companies face pressure, and lower crude prices could offer them relief. A peace deal would benefit India's economy and potentially strengthen the rupee. India's long-term growth remains strong, driven by its young population and government initiatives. ...Less

  • More immediate climate mitigation

    As India grapples with an unusually dry June, the looming threat of a subpar monsoon casts a shadow over ...More

    As India grapples with an unusually dry June, the looming threat of a subpar monsoon casts a shadow over the agricultural landscape. With many areas reporting significant rainfall shortages and a 60% likelihood of below-normal precipitation, the stakes are high. ...Less

  • ETMarkets Smart Talk | Defence and electrification are multi-year structural themes for India: Prateek Agrawal

    Geopolitical shifts and the drive for self-reliance are creating long-term investment opportunities in In ...More

    Geopolitical shifts and the drive for self-reliance are creating long-term investment opportunities in India's defence and electrification sectors, according to Prateek Agrawal of Motilal Oswal AMC. He emphasizes focusing on businesses with durable earnings growth amidst evolving global dynamics, highlighting the potential for alpha generation in niche, high-growth spaces. ...Less

  • Fuel prices in India won't fall immediately despite global crude slump, MoS Suresh Gopi reveals why

    Union Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global ...More

    Union Minister Suresh Gopi explained that immediate fuel price reductions aren't possible despite global crude cost drops due to transit times and other factors. He highlighted the central government's Rs 12,000 crore absorption of past impacts, urging states to also contribute. ...Less

  • India leads globally in AI-driven revenue growth expectations: BCG survey

    Indian marketers anticipate significant AI-driven revenue growth. India leads globally in adopting agenti ...More

    Indian marketers anticipate significant AI-driven revenue growth. India leads globally in adopting agentic commerce, a new marketing approach. Marketing functions in India own AI investments more than their global counterparts. Generative AI is expected to greatly impact brand discovery. Most companies are not yet fully equipped for this AI-driven marketing landscape. ...Less

  • Karnataka CM Shivakumar's first wish list: Water share, Bengaluru infra boost

    Karnataka Chief Minister DK Shivakumar has presented his first wish list to the Centre. His top prioritie ...More

    Karnataka Chief Minister DK Shivakumar has presented his first wish list to the Centre. His top priorities include securing the state's rightful share of river waters and a significant infrastructure upgrade for Bengaluru. Shivakumar highlighted Bengaluru's economic contribution and the need to maintain its global competitiveness. He also urged the Centre to expedite approvals for pending hydel projects. ...Less

  • China's May retail sales fall for first time in over three years

    China's economy shows a worrying split in May. While factories are humming with strong exports, consumer ...More

    China's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail sales falling for the first time in over three years. Investment also slumped, deepening concerns about domestic demand. Experts anticipate policy adjustments to boost consumption. ...Less

  • Hi(gh) Gasoline! US retail sales in May rise on auto power

    American shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market ...More

    American shoppers spent more in May than anticipated. This boost came from tax refunds and a stock market rise. However, this spending has reduced savings. Higher gas prices also contributed to the sales jump. Experts predict a slowdown as the impact of tax refunds fades. The Federal Reserve is expected to hold interest rates steady. ...Less

  • Unified BRICS’ action needed to drive MSME growth and innovation: Jitan Ram Manjhi

    In BRICS MSME Summit, discussions focused on technology adoption, digital transformation, and market acce ...More

    In BRICS MSME Summit, discussions focused on technology adoption, digital transformation, and market access, highlighting MSMEs' crucial role in inclusive development and job creation. ...Less

  • Fed and BoE stay guarded after 100 days of Iran war

    Global central banks are poised to maintain current interest rates this week. The Iran war's impact on in ...More

    Global central banks are poised to maintain current interest rates this week. The Iran war's impact on inflation and growth remains a key concern. Policymakers are waiting for more data. The Bank of Japan is expected to raise rates. Norway's decision is a close call. The US Federal Reserve and its peers are likely to hold steady. ...Less

  • World Bank Raises India's FY27 Growth Forecast to 6.6%

    India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive ...More

    India's economic growth forecast for FY27 has been raised to 6.6 percent by the World Bank. This positive outlook is driven by reduced US tariffs and anticipated benefits from new free trade agreements. While external demand may weaken due to global conflicts, domestic demand and export growth are expected to pick up. ...Less

  • India’s AI revolution has a leaderboard; and the best products are competing for the top spot

    The ET Most Innovative AI Product Awards 2026 recognises the startups, product teams, and enterprises bui ...More

    The ET Most Innovative AI Product Awards 2026 recognises the startups, product teams, and enterprises building AI-powered solutions that are reshaping industries at scale. By celebrating real-world impact over theoretical innovation, the awards set a new benchmark for what it means to lead in India's rapidly evolving AI economy. ...Less

  • Ample world inventories may soften El Nino food supply shock

    A potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output ...More

    A potential super El Niño is expected to disrupt global weather patterns and threaten agricultural output in the coming months, but large existing food inventories and strong harvests in key producing regions may soften the impact. ...Less

  • $200 billion export opportunity for India to BRICS by 2030: ASSOCHAM

    India's exports to BRICS nations are projected to surge to USD 200 billion by 2030. This ambitious target ...More

    India's exports to BRICS nations are projected to surge to USD 200 billion by 2030. This ambitious target represents a significant increase from the USD 96 billion recorded last fiscal year. Key sectors like electronics, minerals, chemicals, and textiles are identified for export growth. Enhanced south-south cooperation and increased manufacturing competitiveness are expected to drive this expansion. ...Less

  • Forever Global Enterprises acquires Dhampur Bio Organics' Meerganj facility for INR 305 crores, marking entry into Uttar Pradesh's sugar sector

    Forever Global Enterprises Limited has acquired Dhampur Bio Organics' Meerganj unit for INR 305 crores. T ...More

    Forever Global Enterprises Limited has acquired Dhampur Bio Organics' Meerganj unit for INR 305 crores. This strategic move integrates a 9,000 TCD sugar mill and a 23 MW cogeneration plant, paving the way for a 200 KLPD grain-based and 100 KLPD molasses-based distillery. The expansion, with a total investment of INR 760 crores, aims to boost regional employment and farmer prosperity in western Uttar Pradesh, solidifying FGEL's sugar-to-spirits platform. ...Less

  • ETMarkets Smart Talk | AI is real, but AI valuations are not; we are in the FOMO stage of the bubble: Carnelian’s Manoj Bahety

    AI technology is real but its current valuations are inflated, resembling past market bubbles. Investors ...More

    AI technology is real but its current valuations are inflated, resembling past market bubbles. Investors are urged to avoid the fear of missing out. India's manufacturing, financials, and consumption sectors are poised for long-term growth as global AI frenzy potentially fades. Smart investing involves focusing on fair valuations and solid businesses. ...Less

  • Weak monsoon threat looms; food inflation fears rise

    Agriculture, though smaller in output share, still employs 43% of India's workforce, making monsoon perfo ...More

    Agriculture, though smaller in output share, still employs 43% of India's workforce, making monsoon performance crucial for rural demand and livelihoods. ...Less

  • Urban mobility, cyber safety and sustainable urban development among top priorities for Bengaluru: Priyank Kharge

    Bengaluru's IT/BT Minister Priyank Kharge has identified urban mobility, cyber safety, and sustainable de ...More

    Bengaluru's IT/BT Minister Priyank Kharge has identified urban mobility, cyber safety, and sustainable development as key priorities for the city's future. Addressing industry leaders, Kharge emphasized the need for integrated, technology-driven solutions to tackle congestion, with Bengaluru now home to 1.5 crore people and over 1.25 crore vehicles. Discussions also covered future workspaces and the state's commitment to fostering innovation and startups. ...Less

  • India must expand international trade ties to reach $30 trillion economy vision by 2047: Piyush Goyal

    Union Minister Piyush Goyal stated that India must expand international engagement to achieve its USD 30 ...More

    Union Minister Piyush Goyal stated that India must expand international engagement to achieve its USD 30 trillion economy goal by 2047. He highlighted that developed nations' demographic challenges present opportunities for India's skilled workforce and that strategic partnerships will complement, not compete with, Indian industry. ...Less

  • 'Don't feel like a developer anymore after AI': Techie says coding isn't fun now, Reddit users share fears of becoming 'lazy'

    A software developer's candid post sparked a debate on Reddit about AI's impact on programming jobs. Deve ...More

    A software developer's candid post sparked a debate on Reddit about AI's impact on programming jobs. Developers express concerns about losing enjoyment and independent thinking skills due to AI tools. While some adapt by focusing on earning, others suggest strategies to maintain coding proficiency and treat AI as a learning assistant. ...Less

  • Did Joe Biden’s ex-medical advisor Fauci fund China’s Wuhan Lab research behind Covid-19 outbreak? Tulsi Gabbard’s final act with ‘never-before-seen’ documents reveals explosive claims

    Outgoing Director of National Intelligence Tulsi Gabbard has leveled serious accusations against Anthony ...More

    Outgoing Director of National Intelligence Tulsi Gabbard has leveled serious accusations against Anthony Fauci, alleging he funneled US taxpayer money to a Chinese lab for risky coronavirus research. Documents released by Gabbard's office claim Fauci manipulated intelligence assessments and lied to Congress to conceal his role and the potential lab-leak origins of COVID-19, pushing a natural origin narrative to protect his work. ...Less

  • Are the world’s freshwater sources vanishing before our eyes? Satellite images reveal an appalling global water crisis

    Across the globe, our precious rivers, lakes, and reservoirs are diminishing at an alarming rate. Cutting ...More

    Across the globe, our precious rivers, lakes, and reservoirs are diminishing at an alarming rate. Cutting-edge satellite imagery underscores the urgent pressures of climate change, prolonged droughts, and human interference on these essential freshwater sources. This continental aridity carries profound consequences for communities, agriculture, and economic stability. ...Less

  • Trump's birthright citizenship ban could sideline major athletes from the World Cup

    The US policy of birthright citizenship, which lets athletes like Folarin Balogun play for the States, is ...More

    The US policy of birthright citizenship, which lets athletes like Folarin Balogun play for the States, is now being challenged in the Supreme Court. This highlights how many World Cup stars have dual nationality, showing a big global movement of talent. Countries are actively using immigration rules to snag top athletes, significantly changing the landscape of international sports. ...Less

  • AI must empower people: PM Modi at G7 Summit

    Prime Minister Narendra Modi spoke at the G7 Summit in France about Artificial Intelligence. He stressed ...More

    Prime Minister Narendra Modi spoke at the G7 Summit in France about Artificial Intelligence. He stressed AI must empower people and be inclusive. Modi also met US President Donald Trump. They reviewed progress in defense, technology, and trade. Both leaders aim for a strong India-US partnership. ...Less

  • BlackRock says oil, FX risks loom over India's bond inflow push

    Indian debt is piquing the interest of foreign investors thanks to new government initiatives. Nonetheles ...More

    Indian debt is piquing the interest of foreign investors thanks to new government initiatives. Nonetheless, investment giant BlackRock remains cautious, keeping its exposure steady. Challenges like steep currency hedging expenses and volatile oil prices cast a shadow on the prospects. For foreign capital to make a significant leap into rupee-denominated bonds, a clearer geopolitical landscape is crucial to alleviate concerns. ...Less

  • Israel approves National AI Plan to strengthen technological self-reliance

    Israel is launching a major national plan to boost its artificial intelligence capabilities. The governme ...More

    Israel is launching a major national plan to boost its artificial intelligence capabilities. The government aims to make the country a global leader in AI technology. This initiative will integrate AI across all sectors, from economy to public services. Israel will focus on developing its own computing power and fostering international partnerships. ...Less

  • Modi 3.0 anniversary: Congress jabs govt with 'promise versus reality' document

    The Congress party has released a document critiquing the Modi government's performance over the past 12 ...More

    The Congress party has released a document critiquing the Modi government's performance over the past 12 years. The party claims that grand announcements have not translated into tangible improvements for citizens. Key areas of concern include the economy, job creation, and social welfare programs. The Congress highlights perceived failures in fulfilling promises made to the public. ...Less

  • Payoneer India Cross-Border Excellence Awards 2026 launched to recognise the country’s leading cross-border businesses

    Payoneer and The Economic Times have launched the Payoneer India Cross-Border Excellence Awards 2026. The ...More

    Payoneer and The Economic Times have launched the Payoneer India Cross-Border Excellence Awards 2026. These awards will celebrate Indian businesses and entrepreneurs contributing to the nation's cross-border commerce growth. Nominations are now open for various categories including service exports, e-commerce, and D2C brands. An exclusive gala in New Delhi will mark the culmination of this initiative in September 2026. ...Less

  • Indian AI startups pitch for funds from venture capitalists in US: Anirudh Arun

    Indian artificial intelligence companies are increasingly securing funding from the United States. Invest ...More

    Indian artificial intelligence companies are increasingly securing funding from the United States. Investors are drawn to promising returns and India's government initiatives promoting advanced technology. Anirudh Arun, CEO of Agentic Universe, highlights this trend and calls for greater support from Indian venture capitalists. ...Less

  • India-Australia ties hold 'key role' in Indo-Pacific calculus, ex-PM Scott Morrison says

    Former Australian PM Scott Morrison highlighted the Indo-Pacific as the world's center, emphasizing the A ...More

    Former Australian PM Scott Morrison highlighted the Indo-Pacific as the world's center, emphasizing the Australia-India partnership's crucial role in regional progress and countering authoritarianism. He praised PM Modi's vision for the Global South, offering democratic and free-market alternatives for developing nations. The upcoming visit of PM Modi to Australia is anticipated to further strengthen this comprehensive strategic partnership. ...Less

  • Cooling crude may ease inflation heat, give RBI room to stay on pause despite WPI surge: YES Bank

    India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crud ...More

    India's wholesale inflation is high, driven by fuel and manufacturing costs. However, falling global crude oil prices and a stable rupee offer potential relief. This could allow the Reserve Bank of India to postpone interest rate increases. The central bank is monitoring weather-related food inflation risks. A new Producer Price Index framework is also being introduced. ...Less

  • YouTube is now India's prime-time screen, says Gunjan Soni

    YouTube has become India's primary viewing platform, blending online reality with high-quality video. The ...More

    YouTube has become India's primary viewing platform, blending online reality with high-quality video. The company is significantly growing its presence on Connected TVs, reaching millions of adults. YouTube is also seeing substantial success in its commerce initiatives, with many users searching for shopping content. India's creator economy is a key driver of national GDP and global pop culture. ...Less

  • GenAI can add $14-17 billion to India's real estate economy: Report

    Consultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate ...More

    Consultancy firm EY-Parthenon and realtors' apex body CREDAI, in its report 'GenAI in Indian real estate - Scaling the next frontier of innovation' released on Thursday, stated that the adoption of GenAI could increase sales velocity by 30-50 per cent and reduce project costs. ...Less

  • US probes Germany's drug pricing policies, opens door to tariffs

    The US has launched a trade probe into Germany's pharmaceutical pricing, alleging it unfairly burdens Ame ...More

    The US has launched a trade probe into Germany's pharmaceutical pricing, alleging it unfairly burdens American commerce and forces the US to shoulder a disproportionate share of global drug development costs. This investigation, under Section 301, could lead to new tariffs on Germany. Officials cite concerns that German policies suppress prices for innovative medicines, impacting research funding and potentially affecting American patients. ...Less

  • Energy security is not just about power generation, it’s about controlling the systems behind it

    As electricity becomes the backbone of AI, industry, and transportation, energy security will increasingl ...More

    As electricity becomes the backbone of AI, industry, and transportation, energy security will increasingly depend on controlling the technologies and supply chains that generate power, not just producing it. ...Less

  • Harsh Goenka is inspired by Tamil Nadu teen who turned a street-side problem into an invention praised by PM Modi, Joe Biden and Prince Williams

    A young inventor from Tamil Nadu, Vinisha Umashankar, developed a solar-powered ironing cart to replace p ...More

    A young inventor from Tamil Nadu, Vinisha Umashankar, developed a solar-powered ironing cart to replace polluting charcoal irons. Her innovation, inspired by observing street vendors, gained global attention and was recognized by leaders like Joe Biden and Prince William. Vinisha's journey highlights how everyday observations can lead to impactful environmental solutions. ...Less

  • India likely past peak outflows, AI gap its advantage, Lighthouse Canton says

    Domestic benchmarks Nifty 50 and Sensex are down about 11% and 13% so far in 2026, respectively, after fe ...More

    Domestic benchmarks Nifty 50 and Sensex are down about 11% and 13% so far in 2026, respectively, after fears of AI-led disruption tanked the heavyweight IT index 27% and the crude price spike ⁠after the ⁠Iran war worsened the macroeconomic outlook. ...Less

  • OECD warns prolonged Middle East war could sharply slow global growth

    The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and ris ...More

    The global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues into next year. A prolonged conflict could significantly slow global growth. Asian nations heavily reliant on Middle East energy supplies are expected to face the biggest impact. Central banks may need to raise interest rates. ...Less

  • 70% opinion leaders see India as major global power in two decades: Survey

    India is poised to become a major global power within two decades. A recent survey reveals strong confide ...More

    India is poised to become a major global power within two decades. A recent survey reveals strong confidence among policymakers and business leaders. There is also significant backing for a Free Trade Agreement with the European Union. Economic growth and domestic prosperity are seen as key drivers of India's foreign policy. ...Less

  • India poised to drive next wave of global steel demand, says Lakshmi Mittal

    India is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urba ...More

    India is set to lead global steel demand in the coming decades. Large-scale infrastructure projects, urban growth, and energy transition investments will drive this expansion. ArcelorMittal's Executive Chairman, Lakshmi Mittal, highlighted India's emerging role, comparing it to China's past growth. The company's 20th anniversary marks a new phase for the steel industry. ...Less

  • FCNR(B): Revisiting a proven crisis management tool

    Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework ...More

    Facing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflows and support the rupee. While effective for near-term stability, experts say long-term resilience requires reducing structural vulnerabilities and import dependence. ...Less

  • Telangana govt to unveil road named after Donald Trump in Hyderabad on June 23

    Hyderabad will soon see a new road named Donald Trump Avenue. The inauguration is scheduled for June 23. ...More

    Hyderabad will soon see a new road named Donald Trump Avenue. The inauguration is scheduled for June 23. This initiative is part of the state government's plan to honor global figures and companies. Other roads will be named after Ratan Tata and Google. This aims to promote Telangana as a center for innovation and development. ...Less

  • The onshore gateway to global capital

    India's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building ...More

    India's economy is set to grow significantly, but its global market presence lags. GIFT IFSC is building infrastructure to bridge this gap. Indian households can now invest in global markets through a regulated route. This offers tax and regulatory advantages. The platform facilitates easy access to international exchanges for retail investors. This development marks a structural shift in capital flows. ...Less

  • Accenture's weak bookings raise AI fears, but Indian IT may weather the storm: Sandip Agarwal

    Accenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking conce ...More

    Accenture's recent earnings reveal a sharp decline in new bookings and a reduced guidance, sparking concerns about AI's impact on the IT services industry. While AI isn't officially blamed, the significant drop in orders suggests a deflationary effect. However, Indian IT firms are expected to remain resilient due to different geographical exposure and operational strengths. ...Less

  • El Nino Impact: Milk prices likely to go up, again

    Poor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, ...More

    Poor rainfall typically leads farmers to reduce cattle numbers because of shortages of fodder and water, lowering milk output and pushing up prices. ...Less

Load More

Coronavirus Impact on Global Economy

Open in App