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ASIA ECONOMY
Productivity gains from AI could help offset Asia's ageing population problem, IMF saysArtificial intelligence stands as a promising solution to counterbalance the issues arising from decreasing workforces across Asia. The Int...
IMF says AI investment keeps global growth around 3%, with major Asia benefitsStrong investment in artificial intelligence infrastructure is helping keep global economic growth at around 3%, despite disruptions to ene...
AI investment boosts growth prospects for Asian economies: IMFIMF Managing Director Kristalina Georgieva said artificial intelligence infrastructure investment is supporting global growth at around 3%,...
Iran war’s end will be turning point for India, Amundi arm saysAmundi Investment Institute sees potential for Indian equities to rebound if the Iran war ends, easing oil pressures. Despite foreign outfl...
Asian countries, including India, must accelerate transition to renewable energyAsian countries including India need to accelerate a just transition to renewable energy and take a stronger lead in shaping the Global Sou...
India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTADGlobal trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by risi...
Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
US imposes sanctions targeting 17 vessels of Iran 'shadow fleet'The United States has imposed sanctions on Iran's shadow fleet of tankers transporting oil. These sanctions target 17 vessels linked to the...
Asia races to stockpile oil, speed up renewables in response to Iran warAmid the uncertainties triggered by the Iran war, Asian countries are stepping up their oil storage frameworks. The Philippines is on a mis...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
India hotel deals nearly triple to $493 million in H1 2026Hotel property transactions in India surged nearly threefold year-on-year to $493 million in the first half of 2026, JLL data showed. The f...
RBI GDP Growth 2026: Malhotra & Co raise FY27 GDP forecast to 7.1% from 6.7%RBI GDP Growth 2026: The Reserve Bank of India has updated its growth forecast for fiscal year 2026-27 to 7.1%. This adjustment comes after...
RBI MPC Meeting 2026: West Asia conflict keeps global outlook uncertain, says Sanjay MalhotraThe Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50%. This increase is the first since February 2023 amid ...
Four horsemen of economic trouble? RBI governor flags the risks spooking the worldThe RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governo...
World Bank bumps up FY27 India growth outlook to 7.1%The World Bank has increased the growth forecast for India's FY27 to 7.1% from earlier estimates. This revision is attributed to strong dom...
World Bank flags oil, El Niño and global market risks to growthThe World Bank has revised its growth forecast for South Asia, projecting a robust 6.9% by 2026, driven by a surge in consumer demand. Indi...
World Bank raises India FY27 growth forecast to 7.1%, flags oil, El Niño risksThe World Bank has upgraded India's economic growth forecast to 7.1% for fiscal 2026-27. This change reflects strong domestic consumption, ...
India’s economic resilience strengthens global leadership prospects: Jean-Pierre LandauAmidst ongoing geopolitical tensions and global economic uncertainty, India is showcasing remarkable resilience, paving the way for enhance...