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Gold inches higher, focus on Fed minutesGold prices edged up slightly during the early Asian trading session, buoyed by a retreat in U.S. Treasury yields from their recent highs. ...
Japan’s yen lesson for India: Don’t fight the currency marketIndia should focus on economic fundamentals and allow the rupee to be largely market-driven. The RBI has some flexibility during a financia...
Bonds face a bigger threat than the Fed as global rates climbAs central banks worldwide, notably in Japan, Canada, and the euro zone, signal plans for sharper interest rate increases than the US, glob...
Charting the Global Economy: US CPI softens, UK economy expandsUS inflation showed little acceleration in July, reinforcing the Federal Reserve's pause on rate hikes. European economies continued to sho...
Two earthquakes, two responses: How Venezuela and Colombia faced disasterVenezuelan civilians led rescue efforts after devastating earthquakes due to government delays and lack of equipment. Colombian officials q...
Independence Day 2026: A 1968 gold ban that turned every Indian household into an underground vaultIn 1968, the Gold (Control) Act restricted gold ownership and capped jewellery purity at 14 karats to curb imports and conserve foreign exc...
Gold retreats from two-month high after inflation-driven rallyGold prices experienced a dip on Friday, retreating from a recently established two-month peak, driven by mild U.S. inflation figures that ...
Fed says too little, RBI is too predictable. Both may have a problemThe US Fed and RBI face opposite communication risks: Kevin Warsh’s reduced guidance leaves markets uncertain about how the Fed will react,...
Independence Day 2026: Sabse bada rupaiyah! The rupee's journey to becoming truly IndianKnow about history of Indian rupee: India's currency evolved from diverse regional money to a unified rupee. The Reserve Bank of India was ...
Essar Energy Transition secures $400 million financing from European, UK banksEssar Energy Transition secured $400 million in financing from European and UK banks. This funding will strengthen its balance sheet and su...
Global Market: UK growth at risk as EY flags inflation surge from Hormuz disruptionAccording to Reuters, EY expects the UK economy to expand by 0.8% in 2026 if the vital shipping route reopens by the end of September, befo...
UK recession fears grow if Hormuz remains closed, forecaster warnsBritain's economy may shrink in 2027 if the Strait of Hormuz closure continues. Forecasters predict a 0.2% contraction if the waterway rema...
Charting the Global Economy: Central banks hold the lineGlobal central banks maintained interest rates this week due to rising energy costs. The Federal Reserve and Bank of England saw some offic...
Global Market: BoE outlines inflation, growth paths under three economic scenarios after holding ratesThe Bank of England kept its benchmark interest rate unchanged at 3.75% and outlined three economic scenarios for the UK, with its central ...
Bank of England policymakers keep rates on hold but more back hikeThe Bank of England decided to keep its benchmark interest rate steady at 3.75 percent. However, three policymakers have pushed for a possi...
UK bond yields and sterling dip after BoE holds rates steadyIn a move consistent with expectations, the Bank of England has kept interest rates steady at 3.75 percent. They noted domestic conditions ...
Global Market: Bank of England expected to hold rates steady as inflation risks stay in focusThe Bank of England is expected to hold its benchmark interest rate at 3.75% as policymakers assess inflation risks from geopolitical tensi...