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After Hormuz, Gate of Tears may make the world cry. What about India?The Bab el-Mandeb Strait, a key shipping route connecting the Red Sea and the Gulf of Aden, faces growing risks of disruption after Yemen’s...- AI could lift Sub-Saharan Africa economy 4% if power, internet improve, IMF saysAs countries and companies race to secure AI's economic benefits, investment in data centres, energy infrastructure and digital networks ...
- PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
- Oil prices, weak monsoon pose biggest risks to India's FY27 GDP growth, says IMFIndia's economic growth faces significant risks from a widening Middle East conflict. Rising oil prices and a potentially weak monsoon pose...
- IMF approves $690 million for Ukraine after reviewThe International Monetary Fund board approved $690 million for Ukraine's loan program. This funding brings total disbursements to about $2...
- Death toll from Venezuela's twin earthquakes rises above 5,000 as IMF announces emergency fundsVenezuela's death toll from twin earthquakes now exceeds five thousand. The International Monetary Fund has provided emergency financial su...
- FM exhorts young entrepreneurs to raise risk appetite and ‘build boldly’ despite external woesFinance Minister Nirmala Sitharaman encouraged young entrepreneurs to build boldly for India's future. She emphasized creating value and em...
- India's forex reserves rise $964 million to $675.16 billion for week ended July 10India's foreign exchange reserves increased by $964 million to $675.16 billion. Foreign currency assets, the largest component, grew by $93...
- Saudi Arabia rolls over $3 billion loan to Pakistan: ReportSaudi Arabia has rolled over its USD 3 billion debt to Pakistan. Pakistan's finance minister confirmed the debt rollover was completed. The...
- Global growth set to slow to 2.5% and India 'will lose a step too': Moody's AnalyticsMoody's Analytics expects global growth to slow to 2.5% in 2026, saying India too "will lose a step" amid a broader moderation in activity....
- Trump resumes Iran port blockade and threatens strikes on energy targetsPresident Donald Trump reimposed a naval blockade on all Iranian ports. He threatened to strike power plants and bridges next week unless n...
- China's exports surge 27% from a year earlier as AI boom drives strong demandChina's exports jumped twenty-seven percent in June, driven by strong artificial intelligence demand. Imports also surged significantly, re...
- US Stock Market: Fed Chair Kevin Warsh unveils expert panels to overhaul US Central Bank policy frameworkFederal Reserve Chairman Kevin Warsh announced a comprehensive review of monetary policy. Five taskforces comprising prominent economists w...
- ADB cuts India FY27 growth forecast to 6.6% on higher oil pricesThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher crude oil prices and transportation costs will i...
- IMF's Georgieva, Venezuelan acting president discuss use of SDRs for earthquake needsThe International Monetary Fund discussed Venezuela's reserve tranche with acting President Delcy Rodriguez. This fund can address urgent h...
- IMF looks forward to engaging with Fed on its review of communications, forward guidanceThe International Monetary Fund anticipates discussions with the Federal Reserve. They will engage on the findings of the Fed's planned rev...
- ADB cuts India FY27 growth forecast to 6.6% on higher energy costsThe Asian Development Bank has lowered India's FY27 growth forecast to 6.6 percent. Higher oil prices and transportation costs are impactin...
- IMF appoints ex-Fed economist Silvana Tenreyro as chief economist, head of researchThe International Monetary Fund appointed Silvana Tenreyro as its next chief economist. She will assume the role of economic counselor and ...
- Silvana Tenreyro appointed as IMF’s new Economic Counsellor, head of researchSilvana Tenreyro will join the International Monetary Fund as its new chief economist. She brings extensive policy experience and academic ...
- In Pakistan, not just living but dying too is getting more expensiveFuneral expenses in Rawalpindi are becoming unaffordable for many families. Low-income households now borrow money for burial rites and ser...
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