Fuel price shield helping India and consumers to tackle West Asia crisis: Gita GopinathIndia is already cushioning the economy from the West Asia crisis. Gita Gopinath, former IMF Deputy Managing Director, states the governmen...
Elevated oil prices could drag India's growth to 6%, below IMF forecast of 6.5%: Gita GopinathElevated oil prices could slow India's economic growth to around 6%, according to former IMF official Gita Gopinath. She warned that prolon...
RBI to hold rate on Friday, future hike will depend on inflation data: Gita GopinathThe Reserve Bank of India (RBI) is likely to keep interest rates unchanged in the near term and adopt a data-dependent approach before taki...
India's CPI inflation expected to rise to 4.8% with crude oil averaging USD 90/bbl in FY27: ReportForecasts indicate that by FY27, India’s inflation could hit 4.8%, driven by crude oil prices projected at USD 90 per barrel. Factors such ...
IMF, World Bank, others warn Middle East war is straining energy suppliesGlobal economic leaders warned that the Middle East conflict is straining energy supplies and disproportionately impacting vulnerable econo...
RBI warns West Asia war may hurt India growth outlookThe central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail ...
India’s forex reserves fall by $7.51 billion to $681.38 billion as of May 22India's foreign exchange reserves saw another dip. Reserves fell by $7.51 billion to $681.38 billion in the week ending May 22. This follow...
RBI warns prolonged West Asia conflict could hit India’s economyAmidst the backdrop of conflict in West Asia, India's economic landscape finds itself at a crossroads. Although the Reserve Bank of India p...
‘Investment climate not in great shape’: Former PM Modi advisor urges FDI reforms as outflows surge in FY26Former advisor Surjit Bhalla calls for major changes to India's foreign investment rules. He warns that strict policies and unclear regulat...
'India more diversified:' Sebi chief Tuhin Kanta Pandey comments on Taiwan's market ascentSEBI chief Tuhin Kanta Pandey emphasized India remains a diversified market despite Taiwan overtaking its market value. Driven by TSMC and ...
Pakistan plans oil reserves, storage push as Hormuz constraints expose vulnerabilitiesPakistan is proposing a bonded storage plan to boost its energy security by allowing international suppliers to hold petroleum stocks. The ...
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisisSri Lanka's central bank enacted a significant 100 basis point policy rate hike, its largest in four years, to combat rising inflation and ...
European Union's public debt to be on unsustainable path without action, IMF saysEuropean Union nations face significant financial challenges in defence, energy, and pensions over the next 15 years. The International Mon...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
India’s forex reserves fall by $8.09 bn to $688.89 bn as of May 15India's foreign exchange reserves saw a significant drop of over eight billion dollars in the week ending May 15. Foreign currency assets a...
Pakistan eyes PKR 100 bn defence hike in IMF-linked budgetPakistan is set to boost its defense budget by approximately PKR 100 billion. This move aligns with an International Monetary Fund program....
Pakistan receives USD 1.3 bn loan from IMF: Central bankPakistan has recieved USD 1.3 billion from the International Monetary Fund. This funding comes from two separate programs, the Extended Fun...