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Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
Iran-Israel conflict puts UAE, Saudi Arabia's foreign workers under strainA protracted conflict in the Gulf is jeopardizing billions in remittances, vital for families across Asia and Africa. Migrant workers, like...
Charting the global economy: Fed turns hawkish, China demand weakensFederal Reserve Chairman Kevin Warsh signaled a shift towards interest-rate hikes amid persistent inflation, while euro-area price pressure...
New OTT releases this week (June 15 - June 21): What's new on Netflix, ZEE5, Prime Video, JioHotstar, Apple TV+ and moreThis week's OTT releases offer a diverse lineup, from Mohanlal's anticipated Drishyam 3 on Prime Video to the return of Save The Tigers Sea...
Global Market Today: Asian shares gain as US-Iran deal takes effectUS stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns...
Oil retreat hands RBI an assist in boosting rupee's near-term outlookA U.S.-Iran peace deal has led to a slump in oil prices, bolstering the Indian rupee. This, combined with the Reserve Bank of India's measu...
Asia’s currency fight moves offshore as central banks push backAsian central banks are intensifying efforts to curb offshore forex speculation as external pressures like high oil prices and a strong dol...
Why the RBI kept rates unchanged amid oil, rupee and geopolitical pressuresRBI Repo Rate: The Reserve Bank of India has maintained its key interest rate at 5.25%. This decision prioritizes economic growth as inflat...
RBI MPC: Iran war puts Malhotra & Co in razor-edge policy bind over inflation, growth and rupeeThe Reserve Bank of India faces a difficult interest-rate decision this week as rising oil prices from the Iran conflict, a record-low rupe...
RBI to hold rates in June; majority now expect hike by year-end: PollThe Reserve Bank of India is expected to hold its key interest rate steady in June. However, economists now foresee at least one rate hike ...
Traders keep focus on oil prices, RBI moves as rupee treads waterThe Indian rupee remained stable on Wednesday, supported by central bank intervention in spot and forward markets. Dollar sales from state-...
Rupee slips with Asian peers as hopes of imminent U.S.-Iran peace deal falterThe Indian rupee weakened against the dollar as crude oil prices surged amid fading hopes for a U.S.-Iran peace deal. State-run banks inter...
Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
Nifty Bank rises 650 points as report says RBI unlikely to hike rates to defend rupee; Axis, ICICI, HDFC shares jump up to 2%Indian bank stocks surged on Friday morning. This followed a report indicating the Reserve Bank of India is not planning interest rate hike...
RBI not in favour of rate hikes to defend rupee, prioritises inflation: SourcesIndia's central bank, the Reserve Bank of India, is not favoring interest rate hikes to protect the rupee. Instead, it is exploring other m...
RBI not in favour of rate hikes to defend rupee, prioritises inflationThe Reserve Bank of India is not favoring interest rate hikes to protect the rupee. Instead, it is exploring other options. Inflation, not ...
Global Market: Oil crisis and strong dollar intensify pressure on Asian currenciesAsian economies face a global energy shock. Policymakers are enacting emergency measures as currencies weaken and fuel costs surge. India u...
Rupee's rough patch worsens on oil, outflow strain; central bank likely steps inThe rupee and other currencies of oil-importing countries have been among the hardest hit following a near 50% surge in Brent crude prices ...
Rupee hits record low of 95.55 as fraying US-Iran ceasefire keeps oil prices on the boilThe rupee has reached its lowest point ever against the US dollar. This decline is driven by investor concerns over escalating conflict in ...
Asia heat waves spell double trouble for economies hit by oilAsia faces a new inflation threat from El Niño as rising temperatures and dry weather are all set to increase food costs. This comes on top...