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Middle class, aspirational consumers to drive 93% of India's spending by 2036: SitharamanIndia's middle class is poised to fuel significant economic expansion, with 93% of all spending expected to originate from this segment by ...
India's forex reserves fall $5.65 billion to $666.93 billion in week ended June 26India's foreign exchange reserves experienced a significant dip of $5.65 billion, reaching $666.93 billion by June 26, 2026. This follows a...
ADB approves USD 230 million loan to modernise water supply and sanitation in ChennaiChennai's water infrastructure is set for a major upgrade with a USD 230 million loan from the Asian Development Bank. This initiative aims...
India real estate attracts USD 2.9 billion in Q2 Calender Year 2026; Chennai, Bengaluru drive 27% inflowsThe report said domestic investments more than doubled to USD 1.33 billion during the quarter, accounting for 46 per cent of the total infl...
Venezuela earthquake death toll rises to 2,595Venezuela's interim president, Delcy Rodriguez, revealed Friday that twin earthquakes on June 24 have claimed 2,595 lives. This grim update...
In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
Standard Chartered processes real-time remittance to India in 37 seconds using Swift's new frameworkStandard Chartered has achieved a world first, processing a cross-border remittance to India in a mere 37 seconds using Swift's new retail ...
India remains worst offender in AIU's June list of global dope cheatsIndia has once again topped the Athletics Integrity Unit's list of dope offenders, with 162 names, underscoring a persistent doping crisis ...
Gold faces key test from geopolitics and rates after a turbulent first half: World Gold CouncilGold experienced a dramatic swing this year, hitting record highs before a sharp decline, yet remains a strong performer. Geopolitical tens...
Tour de force: Led by Mbappé and an extraordinary supporting cast, France are the team to beat at this World CupFrance is proving to be an overwhelming favorite at the World Cup, showcasing incredible creativity and ruthlessness. With a dominant perfo...
HSBC inks pact with Prestige Group to pre-lease 1.2 million sq ft office in BengaluruGlobal banking giant HSBC has secured a massive 1.2 million sq ft office space in Bengaluru's Prestige JRC Signature Towers. This significa...
World Bank to phase out China lending by 2031The World Bank is set to cease lending to China by 2031, a move reflecting Beijing's economic ascent. Loans will be capped at $2 billion un...
Digital India to power India's growth story with AI, chips and DPI: MeitYIndia is poised for a digital leap, with AI, semiconductors, and indigenous manufacturing set to drive economic growth. Building on a decad...
Sri Lanka reduces fuel prices after Middle East ceasefireSri Lanka on Tuesday cut fuel prices by up to six percent, the first such move since the Middle East war triggered a surge in energy prices...
Psychology says people who never admit of being a part of a support group and always call it a friends chat group aren't ashamed. Here's what the behaviour revealsPsychology says people who never admit of being a part of a support group and always call it a friends chat group aren't always trying to d...
IMF chief economist says Fed reduction in rate guidance is 'entirely appropriate'The IMF's chief economist, Pierre-Olivier Gourinchas, has endorsed Federal Reserve Chair Kevin Warsh's move to reduce explicit forward guid...
IMF economist says dollar remains at heart of global financial systemDespite global trade shifts due to U.S. tariffs, the dollar remains the bedrock of international finance, according to the IMF's chief econ...
India's forex reserves up by $963 million to $672.58 billion as of June 19India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This ro...
Venezuela to tap IMF reserve assets for quake reconstruction, Bloomberg News reportsVenezuela is planning to utilize $200 million from its $4.5 billion IMF Special Drawing Rights (SDRs) to fund reconstruction efforts follow...
IMF says it will take time for energy, commodity prices to normalize after US-Iran dealThe IMF notes a decline in energy and commodity prices following a ceasefire in the Strait of Hormuz, though full normalization will take t...