Nomura recently lowered its forecast for India’s GDP growth to 3.2 per cent year-on-year in Jan-March 2022 from 5.2 per cent earlier.

The travel industry has been thrown into disarray again, workers have been forced to isolate at home and governments are facing a stark cho...

“We have downgraded our GDP growth projection for FY22. It was earlier 9.2%. We brought that down to 8.7%, particularly in the last quarter...

Brent crude was up $1.50, or almost 2 per cent, at $80.48 a barrel by 1450 GMT and U.S. West Texas Intermediate (WTI) crude rose by $1.48, ...

"Most omicron cases are being detected among people coming on flights from the UK. It's a fact that the omicron carriers are coming via int...

Indian stock indices extended gains for the third straight day on Thursday, brushing aside growing worries about the spread of Omicron in E...

Overall, the S&P 500 is down only 0.1% since the Omicron variant was identified on Nov. 24. Travel and tourism stocks that would be most af...

"If allowed to spread uncontrolled, Omicron could lead to large-scale hospitalisations and further restrictions on mobility and travel, whi...

The Philippines-based lender forecast growth of 7.0 percent in 2021 -- compared with its previous prediction in September of 7.1 percent --...

Britain is banking on vaccination as the best way to stop the rapid spread of the virus -- and keep the economy open -- with concern that h...

Given the vaccination levels, the impact of this new variant will not be that severe and will certainly not be on the all-India level and t...

Andrew Wood, director, sovereign ratings, S&P said it was unlikely that large-scale restrictions would be imposed in the country to contain...

Asia's emerging economies should improve oversight of foreign exchange liquidity risks, too, and make currency hedging more flexible as gro...

The coronavirus pandemic has crippled small businesses and sucked out liquidity from the ecosystem. But the discovery of another variant sh...

The emergence of the new variant poses new risks to the global economic growth and inflation outlook, as concerns mount about the variant's...

The next two-four weeks will be crucial in terms of how the new variant impacts health, said Naresh Trehan, chairman of industry body CII's...

Spot gold rose 0.1 per cent to $1,793.72 per ounce by 0201 GMT. U.S. gold futures advanced 0.4 per cent to $1,793.2.