Global Market: Singapore's OCBC taps global debt market with £1 billion bond issueOCBC has priced £1 billion of covered bonds due in 2029 under its $10 billion Global Covered Bond Programme, with proceeds earmarked for ge...
Indian steel mills face margin squeeze as global coking coal prices riseIndian steelmakers face margin pressure from higher coking coal prices. Supply disruptions in Australia and China raise steelmaking costs s...
India's economic growth to slow to 6.8% in FY27 amid West Asia crisis, El Nino impact: Ind-RaIndia Ratings and Research has raised its FY27 GDP growth forecast to 6.8% from 6.7%, but expects growth to slow from 7.6% in FY26 amid inf...
Climate damage: The next hit to Europe's public financesEurope's public finances face growing strain from uninsured climate damage, with recent extreme weather events having caused significant ec...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
'No substitute': Kuwait's future tied to Hormuz strait fateKuwait's oil exports have plummeted due to the ongoing war and Strait of Hormuz closure. The nation faces its biggest crisis since the 1990...
Fitch affirms US at AA+ with stable outlook, flags fiscal and inflation risksFitch Ratings affirmed the US sovereign credit rating at AA+ with a stable outlook, citing economic resilience and the dollar’s reserve-cur...
India's Bank of Baroda raises $700 million via dollar bonds at tighter spreadsBank of Baroda has successfully accepted bids totaling seven hundred million dollars for its debt offering, achieving narrower spreads than...
Fitch keeps United States at 'AA+', cites economic resilience amid fiscal risksFitch has affirmed the United States’ sovereign credit rating at “AA+” with a stable outlook, citing its large economy, high per-capita inc...
State Bank of India's successful dollar debt sale prompts Bank of Baroda to test waters, bankers sayBank of Baroda is actively seeking dollar funding avenues to bolster its operations, inspired by the successful foreign-currency bond issua...
US Fed expected to leave rates unchanged next month after soft inflation dataInflation has eased for the second consecutive month, reducing the urgency for the Federal Reserve to increase interest rates imminently. N...
India's 'BBB-' rating unchanged: Fitch cites energy shocks, fiscal weakness, but praises growthFitch Ratings kept India's sovereign credit rating at BBB- with a stable outlook. Robust growth and solid external finances balance fiscal ...
State Bank of India returns to dollar debt market, bankers see strong demandState Bank of India is set to re-enter the dollar bond market, marking its first appearance in nearly a year. The nation's leading financia...
GDP is still the GOAT of economic statistics despite its many flawsThe Gross Domestic Product serves as a key indicator of a country's economic status, highlighting overall production. While it may not be p...
India sixth-largest economy at $3.92 trillion nominal GDP in FY26: GovernmentIndia's economy reached sixth globally with a $3.92 trillion GDP in 2025-26. Government strategies focus on agricultural productivity and m...
Fitch affirms India's 'BBB-' credit rating with stable outlookFitch Ratings affirmed India’s BBB- long-term rating with a stable outlook and F3 short-term rating, saying macroeconomic stability and imp...
India growth seen slowing to 6.6% in FY27, says Fitch Group company BMIFitch Group’s BMI expects India’s economic growth to slow to6.6% in FY27, from 7.7% in FY26, as the boost from last year’s GST reforms fade...