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IMF AND WORLD BANK SPRING MEETINGS
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...
- 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...
- Popular Greek Proverb of the Day: ‘A cuckoo bird does not bring…’ - a lesson on patience and perspectiveA single sunny day doesn't herald summer, nor does one good meeting guarantee success. The ancient Greek proverb cautions against jumping t...
- RBI backs crypto containment and keeps ban on table, officials tell house panelThe Reserve Bank of India has strongly advised a prohibition strategy for crypto assets, recommending that banks and financial institutions...
- Microsoft, AWS deploy engineer armies to help crack AIAWS and Microsoft want to embed thousands of their own engineers at client companies to help them capitalize on artificial intelligence, wh...
- In Canada, there is a city where crows attack people every spring, and residents rely on a live map to avoid themVancouver residents are accustomed to an annual aerial assault from protective crows during nesting season, typically from April to July. T...
- Bloomberg global index entry in sight for Indian G-SecsIndian government bonds are on the cusp of inclusion in Bloomberg's Global Aggregate Index, with a decision anticipated mid-July. Tax exemp...
- FIFA World Cup 2026 Today Match Schedule (2 July): India Time, full fixtures, match timings, venues, latest standings and other detailsFIFA World Cup 2026 match schedule for 2 July: Football fever grips India as the FIFA World Cup 2026 Round of 32 heats up on July 2. Fans c...
- 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...
- Tamil Nadu doctor on Italy trip with family says Europe feels hotter than India: 'At least in India we have ACs'A Tamil Nadu doctor travelling with his family in Italy during Europe's ongoing heatwave said the weather felt "worse than in India" despit...
- ‘Greatest goalkeeper on 4 legs’: Meet Ronaldo, the football-loving dog with remarkable goal-saving skillsAmidst the FIFA World Cup 2026 buzz, a four-legged sensation named Ronaldo is capturing hearts. This 6-year-old Chiweenie, a mix of Chihuah...
- How a Haystack Meeting Helped Change the USA’s View of the WorldA 1806 haystack meeting at Williams College sparked American missionary efforts in Asia, significantly shaping the USA's global perspective...
- FIFA World Cup: Dembele's quick-fire treble powers France to 4-1 win over second-string NorwayOusmane Dembele dazzled with a stunning first-half hat-trick, leading France to a decisive 4-1 victory over a reserve Norway team in World ...
- 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...
- Japan 'snow monkey' park to cap visitors after overcrowding, bad behaviourJapan's famed "snow monkey" park in Nagano is implementing visitor caps and an online booking system to manage a surge in tourists. The Jig...
- 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...
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