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ADIA to sell 2.3% Lenskart stake in Rs 1,944 crore block dealAbu Dhabi Investment Authority is set to divest a 2.3% stake in Lenskart for approximately Rs 1,944 crore via a block deal. This follows So...- IMF financial stability chief Tobias Adrian to step down August 31Tobias Adrian, who led the International Monetary Fund's Monetary and Capital Markets Department through major global challenges, will depa...
- 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...
- Putin's 'Russian Davos' opens with US guests as economy slows and war drags onRussia hosts its premier investment forum in Saint Petersburg. The event includes prominent figures from the United States and Germany. Thi...
- New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...
- South Korea overtakes India as world’s sixth-largest stock marketSouth Korea's stock market has now surpassed India's, becoming the world's sixth largest. This significant shift is largely due to the boom...
- Asia's factory output expands as firms stockpile buffers over Iran war risksAsian factories saw steady growth in May. Companies built up stocks to counter potential supply disruptions from the Middle East conflict. ...
- 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...
- 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...
- India steers boat through a risky channel between war clouds and El NinoIndia faces a challenging global economic outlook for 2026-27. Geopolitical tensions and volatile oil prices are key concerns. However, Ind...
- Saving supply chains from climate shocks is a lure for investorsCompanies are increasingly focused on supply chain resilience. This trend is expected to continue, offering new opportunities and protectin...
- 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 ...
- Taiwan overtakes India as world's 5th largest stock marketTaiwan's stock market has now surpassed India's in value. This shift is largely due to a strong performance by Taiwan Semiconductor Manufac...
- 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...
- 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...
- High hopes dashed: UK cost-of-living woes snare PM StarmerBritons are unhappy with Prime Minister Keir Starmer's government. Cost of living worries are high. Economic problems persist since 2008. R...
- Taxes and Trump leave UK in a worse state than Starmer found itBritain's Prime Minister Keir Starmer faces a tough economic climate. Inflation is rising, and living standards are not improving. Economic...
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