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...
26 Jun, 2026, 10.35 PM IST
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...
26 Jun, 2026, 10.33 PM IST
Global Market: Core inflation in Tokyo accelerates as energy-driven price pressures begin to broadenTokyo's core inflation surged in June, driven by rising energy costs stemming from the Middle East conflict. This acceleration signals broa...
26 Jun, 2026, 07.36 AM IST
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
25 Jun, 2026, 09.21 PM IST
Weak monsoon raises food inflation concerns, but rate hike seen unlikelyEconomists are split on how a weak monsoon will affect food prices, with some believing falling oil prices will offset any hikes. Others wa...
25 Jun, 2026, 01.02 AM IST
US new single-family home sales post second straight monthly declineUS new home sales unexpectedly fell in May for the second straight month, hitting a seasonally adjusted annualised rate of 580,000 units, t...
25 Jun, 2026, 12.10 AM IST
India's private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMIIndia's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted business. T...
24 Jun, 2026, 01.10 AM IST
Banking liquidity slips into deficit on tax outflowsBanking system liquidity slipped into deficit for the first time in three months, falling to ₹19,971 crore on Monday from a surplus of ₹30,...
24 Jun, 2026, 12.21 AM IST
Mamata seeks Madan Mitra as chief whip after showcausing Firhad; Speaker says matter sub-judiceA significant rift within the TMC has deepened as Mamata Banerjee's faction seeks to replace Firhad Hakim as Chief Whip with Madan Mitra. T...
23 Jun, 2026, 04.55 PM IST
RBI seen in no rush to press rate hike pedal, decision may get deferred to second half of FY27Economists are increasingly pushing back expectations of a Reserve Bank of India (RBI) interest rate hike, with many now seeing any tighten...
23 Jun, 2026, 09.18 AM IST
Core sector output slows to seven-month low of 0.5% in MayIndia's core sector growth hit a seven-month low of 0.5% in May, primarily due to a significant slump in energy-related industries. Petrole...
22 Jun, 2026, 11.41 PM IST
Toasting with Indian whisky: On the house diplomats turning ambassadors of Desi single maltsIndian diplomats are increasingly championing domestic single malt whiskies abroad, transforming embassies into showcases for connoisseurs....
22 Jun, 2026, 06.53 PM IST
Alan Greenspan, longtime Fed chair who shaped US economic policy for nearly two decades, dies at 100Former Federal Reserve Chairman Alan Greenspan, a towering figure in American economic policy, has passed away at 100. He guided the nation...
22 Jun, 2026, 04.56 PM IST
India has to invest in deep tech capabilities, build globally competitive products: Neelkanth MishraSenior economist Neelkanth Mishra urged IIT Gandhinagar graduates to foster a domestic innovation ecosystem and invest in deep tech. He emp...
20 Jun, 2026, 10.40 PM IST
Kitchen staples face rising price pressure as El Nino risks growExpect higher prices for essential kitchen items like spices, eggs, and dairy. Food inflation is rising, with a potential monsoon deficit a...
18 Jun, 2026, 12.21 AM IST
Remittances, services surplus lift India to $4.7 billion current account surplus in AprilIndia achieved a significant current account surplus of $4.7 billion in April. This positive shift was driven by robust inward remittance f...
15 Jun, 2026, 08.55 PM IST
FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...
15 Jun, 2026, 05.58 AM IST