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TURKEY ECONOMIC OUTLOOK
Turkey lifts year-end inflation forecast to 28.4 percentIn a notable revision, Turkey has elevated its inflation forecast for the end of 2026 to 28.4 percent, a figure that surpasses last year's ...- Galaxy Surfactants shares hit 20% upper circuit as Q1 profit more than doubles YoY to Rs 166 croreGalaxy Surfactants shares hit a 20% upper circuit after the company reported a 109% year-on-year jump in Q1FY27 net profit to Rs 165.9 cror...
- Silver climbs Rs 2,100/kg, but gold prices fall as focus shifts to inflation data amid Iran war. Key levels to trackGold and silver prices traded mixed on the MCX, with silver extending gains while gold edged lower as investors booked profits after last w...
- Oil Price Today (August 10): Crude oil rises to $85 amid Hormuz worries as attacks continue. What are experts saying?Oil prices climbed Monday as Strait of Hormuz reopening remained uncertain. Iran stated a deal with Oman was nearing completion for new shi...
- Oil slips, heads for weekly loss as Hormuz deal uncertainty persistsOil prices declined as investors weighed prospects of reopening the Strait of Hormuz against persistent geopolitical risks. Markets also aw...
- Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
- EU issues new steel, e-commerce regulations to reduce trade imbalance with ChinaThe European Union has introduced new measures to protect its steel industry and curb e-commerce imports from China, aiming to address a si...
- 5 world market themes for the week aheadGlobal markets are watching closely as a U.S.-Iran deal faces crucial weeks. Key economic data from the U.S. and Australia, along with Colo...
- Indian boycott expected to aggravate further the dire economic situation of Turkish citizensTurkey faces economic headwinds due to an Indian boycott sparked by Ankara's support for Pakistan during a conflict. This boycott, coupled ...
- Higher-for- longer rate stance may end early 2024That's the outlook foreseen by Bloomberg Economics, whose aggregate gauge of world interest rates is seen beginning a swift descent in the ...
- Turkish inflation hits fresh record at 61.1 percentExacerbating a cost of living crisis, consumer prices accelerated to 61.14 percent at an annual rate, up from 54.4 percent in February, acc...
- 5 world market themes for the week aheadCentral banks meeting in the United States, Japan and Britain must tread a fine line between rising inflation and heightened risks to the e...
- OECD lowers global, US economic growth forecastsThe OECD warned Tuesday of an "uneven" global economic recovery as it lowered its 2021 growth forecasts for the world and the United States...
- Turkey gets unprecedented downgrade, crisis warning from Moody’s“Turkey’s external vulnerabilities are increasingly likely to crystallize in a balance-of-payments crisis,” Moody’s analysts said in a repo...
- India has highest medium term growth potential among among large emerging markets: FitchIndia's projected potential growth is 6.7% per annum. China and Indonesia jointly rank second-highest, both with projected potential growth...
- Over 5 mn jobs may be lost globally in 5 years: WEFThe projection by the World Economic Forum, meeting this week, assumes a total loss of 7.1 million jobs, offset by a gain of 2 million new ...
- Indian banks under risk as debtors are constrained: IMFA significant share of debt in India is with firms that have relatively constrained repayment capacity, creating risk for the country’s ban...
- Majority of Indians blame government for economic woes: Pew researchA whopping majority of Indians blame the government for the country's current economic woes, with nearly half pessimistic over chances of a...
- ‘Indian cos will top in hiring in next 3 months’Hiring intentions of Indian employers is in fact the strongest in the world, followed by Brazil, Taiwan, Peru and Turkey, according to a st...
- Jewellery fabrication may dip 11% on slowdownJewellery fabrication business across the world may decline by 11% in the first six months of this year due to volatile price movement and ...
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