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CITIGROUP GLOBAL CHIEF ECONOMIST
Parliament panel to review India's economy amid global turmoil and growth concernsA key parliamentary committee will scrutinise India's evolving economic landscape in 2025-26, amid global conflicts and trade uncertainties...
India, Russia prevented global economy from collapsing: IMEMO chiefRussia and India have forged a new global economic model, preventing global collapse and aiding the Global South with affordable resources....
India has to invest in deep tech capabilities, build globally competitive products: Neelkanth MishraSenior economist Neelkanth Mishra urged IIT Gandhinagar graduates to foster a domestic innovation ecosystem and invest in deep tech. He emp...
Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher ratesNew Federal Reserve Chair Kevin Warsh is significantly reducing the central bank's communication, particularly "forward guidance" on intere...
Banking liquidity falls to fiscal-year low, pushes up money market ratesMoney market rates have risen as banking system liquidity dropped to its lowest this fiscal year. Advanced tax outflows caused this liquidi...
Kitchen staples face rising price pressure as El Nino risks growExpect higher prices for essential kitchen items like spices, eggs, and dairy. Food inflation is rising, with a potential monsoon deficit a...
Oil below $80 may cap fuel price hikes, boost India outlookFalling crude oil prices below $80 a barrel are set to prevent further fuel price increases. This development is boosting India's economic ...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
Global Markets| European shares flat as investors await Iran deal details, Fed policy; BMW slidesEuropean markets held firm today, with investors keenly awaiting developments regarding potential peace talks between the U.S. and Iran, al...
UK inflation unexpectedly sticks at 13-month low before BoE rate decisionUK inflation remained steady at 2.8% in May, surprising economists and the Bank of England. This data influenced currency markets, with Ste...
US President Donald Trump's Iran war weighs on G7 economies, but don't expect hard talk in FranceGlobal economic leaders gather in France amid rising inflation and oil prices. A recent deal between the U.S. and Iran offers optimism, but...
US Stock Market: UBS pushes Fed rate cut expectations to 2027 on hawkish policy outlookUBS Global Wealth Management now expects the US Federal Reserve to keep interest rates unchanged through 2026, delaying rate cuts until 202...
Ex-Citi exec alleges she was fired after raising Trump-related compliance concerns: ReportA former Citigroup executive claims she was fired in retaliation for flagging regulatory and compliance risks. The lawsuit alleges these co...
Crop prices drop as Hormuz reopening to ease farm-input shockThe development, stemming from an interim US-Iran agreement, could alleviate food inflation fears fueled by the Middle East conflict.
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summitEight years of U.S. tariffs have failed to curb China’s manufacturing strength, with Beijing posting a record $1.2 trillion trade surplus b...
China's May retail sales fall for first time in over three yearsChina's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail s...
New series debut: WPI at 9.7% in May; energy costs drive surge; revamped index expands basket to 957 itemsIndia's wholesale inflation hit a record 9.7 percent in May. This surge was primarily fueled by rising energy costs. The new Wholesale Pric...
Remittances, services surplus lift India to $4.7 billion current account surplus in AprilIndia achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...
IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs biteIndia’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflic...